MCPHS UNIVERSITY: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- MCPHS UNIVERSITY (EIN 04-2104700)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-06
- IRS object ID
- 201311269349300611
- 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 C
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-06T08:15:27-05:00 | 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 | GRANT THORNTON LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 226 CAUSEWAY STREET 6TH FLOOR | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 021142155 | 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 | 042104700 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASSACHUSETTS COLLEGE OF PHARMACY AND | BusinessNameLine1 |
| Business Name Line2 | ALLIED HEALTH SCIENCES | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % KEITH A BELLUCCI | InCareOfName |
| Name Control | MASS | NameControl |
| Phone | 6177322800 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 179 Longwood Avenue | AddressLine1 |
| City | Boston | City |
| State | MA | State |
| ZIP Code | 02115 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CHARLES F MONAHAN JR | Name |
| Title | PRESIDENT | Title |
| Date Signed | 2013-05-06 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Laura Kenney | Name |
| Phone | 6177237900 | Phone |
| Date Prepared | 2013-05-06 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCPHS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | CHARLES F MONAHAN JR | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | MCPHS 179 LONGWOOD AVE | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02115 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 236455230 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.MCPHS.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1852 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | MCPHS IS A PRIVATE, ACCREDITED EDUCATIONAL INSTITUTION SPECIALIZING IN PREPARING STUDENTS FOR MEDICAL CAREERS BY PROVIDING INTENSIVE PROGRAMS OF STUDY IN PHARMACY AND OTHER HEALTH SCIENCES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 17 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 17 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1772 | TotalNbrEmployees |
| Total Nbr Volunteers | 101 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 3240084 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2448096 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 155212241 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 182675991 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3569544 | InvestmentIncomePriorYear |
| Investment Income Current Year | 4291598 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 263805 | OtherRevenuePriorYear |
| Other Revenue Current Year | 266173 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 162285674 | TotalRevenuePriorYear |
| Total Revenue Current Year | 189681858 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 17497313 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 18631239 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 56866802 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 63790101 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1621879 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 37459709 | OtherExpensePriorYear |
| Other Expenses Current Year | 43533705 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 111823824 | TotalExpensesPriorYear |
| Total Expenses Current Year | 125955045 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 50461850 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 63726813 | RevenuesLessExpensesCY |
| Total Assets BOY | 468257788 | TotalAssetsBOY |
| Total Assets EOY | 527631157 | TotalAssetsEOY |
| Total Liabilities BOY | 148524054 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 147461386 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 319733734 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 380169771 | NetAssetsOrFundBalancesEOY |
| Mission Description | MASSACHUSETTS COLLEGE OF PHARMACY AND HEALTH SCIENCES PREPARES STUDENTS FOR CAREERS IN HEALTH CARE THROUGH TEACHING, SCHOLARSHIP, RESEARCH, PROFESSIONAL SERVICE AND COMMUNITY ENGAGEMENT. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 101155469 | Expense |
| Grants | 18631239 | Grants |
| Revenue | 172172363 | Revenue |
| Description | THE COLLEGE PROVIDED EDUCATIONAL PROGRAMS TO STUDENTS PURSUING UNDERGRADUATE AND GRADUATE DEGREES IN PHARMACY AND HEALTH SCIENCE DISCIPLINES. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 8816199 | Expense |
| Grants | 0 | Grants |
| Revenue | 10257351 | Revenue |
| Description | THE COLLEGE PROVIDED DORMITORY ACCOMODATIONS FOR STUDENTS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 327928 | Expense |
| Grants | 0 | Grants |
| Revenue | 246277 | Revenue |
| Description | THE COLLEGE PROVIDED CONTINUING EDUCATION COURSES AND PROGRAMS FOR PHARMACISTS AND OTHER HEALTHCARE PROFESSIONALS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 110299596 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | 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 | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | true | 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 | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 249 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 1772 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| 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 | 17 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 17 | 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 | true | MembersOrStockholders |
| Election Of Board Members | true | 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 | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NH | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | KEITH A BELLUCCI | NamePerson |
| Telephone Number | 6177322145 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 179 LONGWOOD AVENUE | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02115 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (36 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Other CompensationOtherCompensation | OfficerOfficer | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| JON C ANDERSON | |||||||||
| TRUSTEE | 5.0 | X | 0 | 0 | |||||
| CHESTER E BABINEAU | |||||||||
| TRUSTEE | 5.0 | X | 0 | 0 | |||||
| JAY BIKOFSKY | |||||||||
| TRUSTEE | 5.0 | X | 0 | 0 | |||||
| PAUL G BOISSEAU | |||||||||
| TRUSTEE | 5.0 | X | 0 | 0 | |||||
| GAIL P BUCHER | |||||||||
| TRUSTEE | 5.0 | X | 0 | 0 | |||||
| LAURA CHAN | |||||||||
| TRUSTEE | 5.0 | X | 0 | 0 | |||||
| EILEEN K DUMOUCHEL | |||||||||
| TRUSTEE | 5.0 | X | 0 | 0 | |||||
| J RICHARD FENNELL | |||||||||
| TRUSTEE | 5.0 | X | 0 | 0 | |||||
| CHRIS FLYNN | |||||||||
| TRUSTEE | 5.0 | X | 0 | 0 | |||||
| MARYESTHER L FOURNIER | |||||||||
| TRUSTEE | 5.0 | X | 0 | 0 | |||||
| MARK W FULLER | |||||||||
| TRUSTEE | 5.0 | X | 0 | 0 | |||||
| RICHARD E GRIFFIN | |||||||||
| TRUSTEE | 5.0 | X | 0 | 0 | |||||
| GARY KERR | |||||||||
| TRUSTEE | 5.0 | X | 0 | 0 | |||||
| GREGORY H LAHAM | |||||||||
| TRUSTEE | 5.0 | X | 0 | 0 | |||||
| JUDITH P RONSHAGEN | |||||||||
| TRUSTEE | 5.0 | X | 0 | 0 | |||||
| CATHERINE SHATTUCK | |||||||||
| TRUSTEE | 5.0 | X | 0 | 0 | |||||
| HEIDI KANTOR SNYDER | |||||||||
| TRUSTEE | 5.0 | X | 0 | 0 | |||||
| CHARLES F MONAHAN JR | |||||||||
| PRESIDENT | 55.0 | 975431 | 249391 | X | 0 | ||||
| RICHARD J LESSARD | |||||||||
| EXEC. VP - COO AND CFO | 55.0 | 799981 | 76931 | X | 0 | ||||
| GEORGE HUMPHREY | |||||||||
| VPAA AND PROVOST | 55.0 | 436203 | 31118 | X | 0 | ||||
| MARGUERITE JOHNSON | |||||||||
| VP DEVELOPMENT | 55.0 | 374203 | 23104 | X | 0 | ||||
| DEBORAH O'MALLEY | |||||||||
| LEGAL COUNSEL | 55.0 | 265203 | 25227 | X | 0 | ||||
| DENNIS LYONS | |||||||||
| VP SATELLITE CAMPUSES | 55.0 | 260862 | 22120 | X | 0 | ||||
| THOMAS SCANLON | |||||||||
| CHIEF INFO OFFICER | 55.0 | 268703 | 37384 | 0 | X | ||||
| KEITH A BELLUCCI | |||||||||
| CHIEF BUSINESS OFFICER | 55.0 | 255203 | 33800 | 0 | X | ||||
| DOUGLAS PISANO | |||||||||
| ASSOCIATE PROVOST | 55.0 | 243681 | 38818 | 0 | X | ||||
| MICHAEL MALLOY | |||||||||
| DEAN | 55.0 | 227083 | 36440 | 0 | X | ||||
| KATHLEEN RYAN | |||||||||
| EXEC. DIRECTOR ADMISSION | 55.0 | 179203 | 20297 | 0 | X | ||||
| CARRIE GLASS | |||||||||
| EXEC. DIRECTOR ENROLL. SERVICE | 55.0 | 179203 | 30477 | 0 | X | ||||
| MARY LILLY | |||||||||
| EXEC. DIRECTOR HUMAN RESOURCES | 55.0 | 174203 | 29548 | 0 | X | ||||
| DAVID TANNER | |||||||||
| ASSOCIATE PROVOST | 55.0 | 206041 | 35119 | 0 | X | ||||
| CAROL ELIADI | |||||||||
| DEAN | 55.0 | 201778 | 19005 | 0 | X | ||||
| LILY HSU | |||||||||
| ASSOCIATE PROVOST | 55.0 | 189778 | 32399 | 0 | X | ||||
| TIMOTHY MAHER | |||||||||
| PROFESSOR | 55.0 | 184048 | 31231 | 0 | X | ||||
| KEVIN MCGOVERN | |||||||||
| DIR. APPLICATION DEVELOPMENT | 55.0 | 183953 | 31852 | 0 | X | ||||
| ROBERT W HOLMES | |||||||||
| LEGAL COUNSEL | 55.0 | 293722 | 3578 | 0 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 5898482 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 807839 | TotalOtherCompensation |
| Number Individuals GT100 K | 118 | NumberIndividualsGT100K |
| Formers Listed | true | 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 |
|---|---|---|---|---|---|
| CHARTWELLS DINING SERVICES | |||||
| 2400 YORKMONT ROAD | CHARLOTTE | NC | 28217 | FOOD & CATERING SERV | 1914878 |
| AMERICAN GREEN BUILDING SERVICES | |||||
| 190 MILTON STREET | DEDHAM | MA | 02026 | CLEANING SERVICES | 1281759 |
| SECURITAS SECURITY SERVICES | |||||
| 2 CAMPUS DRIVE | PARSIPPANY | NJ | 07054 | SECURITY SERVICES | 1009211 |
| OCE BUSINESS SERVICES INC | |||||
| 460 WEST 34 STREET 6TH FLOOR | NEW YORK | NY | 10001 | DOCUMENT MGMT SERV | 370976 |
| GCA SERVICES GROUP INC | |||||
| 1350 EUCLID AVENUE | CLEVELAND | OH | 44115 | FACILITY MGMT. SERV. | 297425 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 21 | NumberOfContractorsGT100K |
| Fundraising Events | 49688 | FundraisingEvents |
| Government Grants | 613237 | GovernmentGrants |
| All Other Contributions | 1785171 | AllOtherContributions |
| Noncash Contributions | 34544 | NoncashContributions |
| Total Contributions | 2448096 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 900099 | 169803673 | 169803673 |
| ROOM AND BOARD REVENUE | 531110 | 10257351 | 10257351 |
| RESEARCH GRANTS | 900099 | 1199308 | 1199308 |
| OTHER REVENUES | 900099 | 1169382 | 1169382 |
| CONTINUING EDUCATION | 900099 | 246277 | 246277 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 182675991 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4143207 | TotalRevenueColumn |
| Exclusion | $4,143,207 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 90334 | TotalRevenueColumn |
| Exclusion | $90,334 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 3401596 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 3135423 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 266173 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 266173 | TotalRevenueColumn |
| Exclusion | $266,173 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 43645789 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 43587732 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 58057 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 58057 | TotalRevenueColumn |
| Exclusion | $58,057 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 50217 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 49688 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 50217 | FundraisingDirectExpenses |
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 |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 189681858 | TotalRevenueColumn |
| Related Or Exempt Function Income | 182675991 | RelatedOrExemptFunctionIncome |
| Exclusion | $4,557,771 | 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 | 18631239 | Total |
| Program Services | 18631239 | 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 | 5631930 | Total |
| Management And General | 5228623 | ManagementAndGeneral |
| Fundraising | 403307 | Fundraising |
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 | 45391158 | Total |
| Program Services | 43561437 | ProgramServices |
| Management And General | 1470998 | ManagementAndGeneral |
| Fundraising | 358723 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3148060 | Total |
| Program Services | 3021161 | ProgramServices |
| Management And General | 102020 | ManagementAndGeneral |
| Fundraising | 24879 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6313526 | Total |
| Program Services | 6059028 | ProgramServices |
| Management And General | 204603 | ManagementAndGeneral |
| Fundraising | 49895 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3305427 | Total |
| Program Services | 2822039 | ProgramServices |
| Management And General | 434021 | ManagementAndGeneral |
| Fundraising | 49367 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 287086 | Total |
| Management And General | 287086 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 137638 | Total |
| Management And General | 137638 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23999 | Total |
| Management And General | 23999 | ManagementAndGeneral |
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 | 492719 | Total |
| Management And General | 492719 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1194582 | Total |
| Program Services | 905527 | ProgramServices |
| Management And General | 235203 | ManagementAndGeneral |
| Fundraising | 53852 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 761353 | Total |
| Program Services | 761353 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 393811 | Total |
| Program Services | 327556 | ProgramServices |
| Management And General | 29028 | ManagementAndGeneral |
| Fundraising | 37227 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1478758 | Total |
| Program Services | 1368315 | ProgramServices |
| Management And General | 98424 | ManagementAndGeneral |
| Fundraising | 12019 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9951717 | Total |
| Program Services | 8496371 | ProgramServices |
| Management And General | 1306717 | ManagementAndGeneral |
| Fundraising | 148629 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 788294 | Total |
| Program Services | 713286 | ProgramServices |
| Management And General | 57696 | ManagementAndGeneral |
| Fundraising | 17312 | 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 | 1975864 | Total |
| Program Services | 1747429 | ProgramServices |
| Management And General | 146569 | ManagementAndGeneral |
| Fundraising | 81866 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4654994 | Total |
| Program Services | 3974245 | ProgramServices |
| Management And General | 611227 | ManagementAndGeneral |
| Fundraising | 69522 | Fundraising |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11250917 | Total |
| Program Services | 9605575 | ProgramServices |
| Management And General | 1477309 | ManagementAndGeneral |
| Fundraising | 168033 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 620911 | Total |
| Management And General | 620911 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| INSTITUTIONAL STIPENDS | 3589281 | 3589281 | |
| STUDENT MEAL PLANS | 1510790 | 1510790 | |
| CLASSROOM SUPPLIES | 665258 | 665258 | |
| BANK & CREDIT CARD FEES | 754186 | 754186 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3001547 | Total |
| Program Services | 2539706 | ProgramServices |
| Management And General | 314593 | ManagementAndGeneral |
| Fundraising | 147248 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 125955045 | Total |
| Program Services | 110299596 | ProgramServices |
| Management And General | 14033570 | ManagementAndGeneral |
| Fundraising | 1621879 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4716 | BOY |
| EOY | 3918 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8931452 | BOY |
| EOY | 17803656 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2594545 | BOY |
| EOY | 1503800 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 828044 | BOY |
| EOY | 2053019 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7107401 | BOY |
| EOY | 7925331 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3678677 | BOY |
| EOY | 3611348 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 300665245 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 88910792 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 193977198 | BOY |
| EOY | 211754453 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 113349163 | BOY |
| EOY | 136934450 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 113297501 | BOY |
| EOY | 121154047 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24489091 | BOY |
| EOY | 24887135 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 468257788 | BOY |
| EOY | 527631157 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12700244 | BOY |
| EOY | 12646928 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5973580 | BOY |
| EOY | 8903539 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 97672482 | BOY |
| EOY | 94969941 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24598925 | BOY |
| EOY | 22920969 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7578823 | BOY |
| EOY | 8020009 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 148524054 | BOY |
| EOY | 147461386 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 297965241 | BOY |
| EOY | 357952003 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6392536 | BOY |
| EOY | 6235034 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15375957 | BOY |
| EOY | 15982734 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 319733734 | BOY |
| EOY | 380169771 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 468257788 | BOY |
| EOY | 527631157 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 63726813 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -3290776 | 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbying |
Total Direct Lobbying TotalDirectLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 23999 | FilingOrganizationsTotals |
Total Lobbying Expenditures TotalLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 23999 | FilingOrganizationsTotals |
Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 124309167 | FilingOrganizationsTotals |
Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 124333166 | FilingOrganizationsTotals |
Lobbying Nontaxable LobbyingNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 1000000 | FilingOrganizationsTotals |
Grassroots Nontaxable GrassrootsNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 250000 | FilingOrganizationsTotals |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Lobbying Grassroot Minus Non Tx | TotLobbyingGrassrootMinusNonTx | |
| Tot Lobby Expend Mns Lobbying Nontx | TotLobbyExpendMnsLobbyingNontx |
Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 1000000 | CurrentYearMinus3 |
| Current Year Minus2 | 1000000 | CurrentYearMinus2 |
| Current Year Minus1 | 1000000 | CurrentYearMinus1 |
| Current Year | 1000000 | CurrentYear |
| Total | 4000000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmount |
Total Lobbying Expenditures2 TotalLobbyingExpenditures2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 79682 | CurrentYearMinus3 |
| Current Year Minus2 | 23998 | CurrentYearMinus2 |
| Current Year Minus1 | 23998 | CurrentYearMinus1 |
| Current Year | 23999 | CurrentYear |
| Total | 151677 | Total |
Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 250000 | CurrentYearMinus3 |
| Current Year Minus2 | 250000 | CurrentYearMinus2 |
| Current Year Minus1 | 250000 | CurrentYearMinus1 |
| Current Year | 250000 | CurrentYear |
| Total | 1000000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmount |
Grassroots Lobbying Expenditures GrassrootsLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 0 | CurrentYearMinus3 |
| Current Year Minus2 | 0 | CurrentYearMinus2 |
| Current Year Minus1 | 0 | CurrentYearMinus1 |
| Current Year | 0 | CurrentYear |
| Total | 0 | Total |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 25119998 | BeginningOfYearBalance |
| Contributions | 591529 | Contributions |
| Investment Earnings Or Losses | 47391 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 96237 | GrantsOrScholarships |
| Other Expenditures | 230051 | OtherExpenditures |
| End Of Year Balance | 25432630 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 21731308 | BeginningOfYearBalance |
| Contributions | 347648 | Contributions |
| Investment Earnings Or Losses | 3208262 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 86470 | GrantsOrScholarships |
| Other Expenditures | 80750 | OtherExpenditures |
| End Of Year Balance | 25119998 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 18935863 | BeginningOfYearBalance |
| Contributions | 988640 | Contributions |
| Investment Earnings Or Losses | 2205152 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 96932 | GrantsOrScholarships |
| Other Expenditures | 301415 | OtherExpenditures |
| End Of Year Balance | 21731308 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 22730302 | BeginningOfYearBalance |
| Contributions | 173359 | Contributions |
| Investment Earnings Or Losses | -3622021 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 178430 | GrantsOrScholarships |
| Other Expenditures | 167347 | OtherExpenditures |
| End Of Year Balance | 18935863 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.21000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.59100 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.19900 | 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 | 11108360 | OtherCostOrOtherBasis |
| Book Value | 11108360 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 261032895 | OtherCostOrOtherBasis |
| Depreciation | 68806928 | Depreciation |
| Book Value | 192225967 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 28523990 | OtherCostOrOtherBasis |
| Depreciation | 20103864 | Depreciation |
| Book Value | 8420126 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildings | |
| Total Of Book Value Land Buildings | 211754453 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| MULTI-STRATEGY HEDGE FUNDS | 89971766 | F |
| REAL ESTATE FUNDS | 2602460 | F |
| PRIVATE EQUITY FUNDS | 28579821 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 121154047 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| GOVT ADVANCES - STUDENT LOANS | $7,775,009 |
| NON-CURRENT PENSION LIABILITY | $245,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 8020009 | TotalOfAmounts |
| Total Revenue | 189681858 | TotalRevenue |
| Total Expenses | 125955045 | TotalExpenses |
| Excess Or Deficit For Year | 63726813 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -3290776 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -3290776 | TotalAdjustments |
| Excess Or Deficit Per FS | 60436037 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 185898363 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -3290776 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -3290776 | RevenueNotRptdF990 |
| Revenue Subtotal | 189189139 | RevenueSubtotal |
| Investment Expenses Not Included | 492719 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 492719 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 189681858 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 125462326 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 125462326 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 492719 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 492719 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 125955045 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART V, LINE 4: | ENDOWMENT FUNDS ARE PERPETUALLY INVESTED AND ADMINISTERED IN ACCORDANCE WITH DONOR RESTRICTION OR BOARD DESIGNATION. EARNINGS APPROPRIATED FROM ENDOWMENT ARE DESIGNATED AND USED FOR STUDENT SCHOLARSHIPS. |
| PART X, LINE 2: | The College is recognized as an organization exempt from income tax under Section 501(c)(3) of the Internal Revenue Code. Certain activities of exempt organizations may be subject to federal and state taxation as unrelated business income. No provision for income taxes has been made in these financial statements. The College believes it has taken no significant uncertain tax positions, and that the College's income tax returns for fiscal years 2008 and prior are closed to Internal Revenue Service examination. |
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 | ExplanationExplanation |
|---|---|
| PART 1, LINE 3 | THE COLLEGE'S NON-DISCRIMINATORY POLICY APPEARS ON ALL APPLICATION FORMS FOR ADMISSION AND EMPLOYMENT. THE COLLEGE COMPLIES WITH FEDERAL AND STATE REGULATIONS REGARDING NON-DISCRIMINATION. |
| PART 1, LINE 6A | THE COLLEGE RECEIVED TITLE IV MONIES FROM THE UNITED STATES DEPARTMENT OF EDUCATION, AS WELL AS FUNDS FROM VARIOUS STATE AGENCIES. THESE MONIES RECEIVED WERE RESTRICTED TO AND USED FOR STUDENT FINANCIAL AID APPLIED TO TUITION AND FEES IN ACCORDANCE WITH FEDERAL AND STATE REGULATIONS. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GOLF EVENT | NameOfEvent1 |
| Gross Receipts Event1 | 99905 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 49688 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 50217 | GrossRevenueEvent1 |
| Cash Prizes Event1 | 0 | CashPrizesEvent1 |
| Non Cash Prizes Event1 | 0 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 33904 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 7013 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 0 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 9300 | OtherDirectExpensesEvent1 |
| Total Number Of Other Events | 0 | TotalNumberOfOtherEvents |
| Gross Receipts Total | 99905 | GrossReceiptsTotal |
| Charitable Contributions Total | 49688 | CharitableContributionsTotal |
| Gross Revenue Total Events | 50217 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 0 | CashPrizesTotalEvents |
| Non Cash Prizes Total Events | 0 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 33904 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 7013 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 0 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 9300 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 50217 | DirectExpenseSummaryEvents |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | STUDENT SCHOLARSHIPS | TypeOfGrant |
| Number Of Recipients | 3144 | NumberOfRecipients |
| Amount Of Cash Grant | 0 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 18631239 | AmountOfNonCashAssistance |
| Method Of Valuation | SCHOLARSHIP AWARDS | MethodOfValuation |
| Description Of Non Cash Assistance | TUITION DISCOUNTS | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART III, LINE 1 | Identifier |
| Explanation | THE COLLEGE'S STUDENT SCHOLARSHIPS (GRANTS) ARE NON-CASH TUITION DISCOUNTS APPLIED DIRECTLY TO STUDENT ACCOUNTS AND CANNOT BE DIVERTED FROM INTENDED USES. THE NUMBER OF RECIPIENTS REPORTED ABOVE WAS COMPILED FROM SCHOLARSHIP DISBURSEMENT RECORDS FOR THE REPORTED FISCAL YEAR. The School's financial Aid office monitors all recipients of scholarship awards to determine both initial and continuing eligibility based upon the criteria for each type of award. Various criteria may include, but is not limited to, academic performance, financial need, or other criteria established by the funding source. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | true | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | 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 | true | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (19 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CHARLES F MONAHAN JR | |||||||||||||
| 638650 | 0 | 315000 | 0 | 21781 | 0 | 233751 | 0 | 15640 | 0 | 1224822 | 0 | 0 | 0 |
| RICHARD J LESSARD | |||||||||||||
| 480775 | 0 | 250000 | 0 | 69206 | 0 | 61500 | 0 | 15431 | 0 | 876912 | 0 | 0 | 0 |
| GEORGE HUMPHREY | |||||||||||||
| 286000 | 0 | 150000 | 0 | 203 | 0 | 24500 | 0 | 6618 | 0 | 467321 | 0 | 0 | 0 |
| MARGUERITE JOHNSON | |||||||||||||
| 249000 | 0 | 125000 | 0 | 203 | 0 | 22775 | 0 | 329 | 0 | 397307 | 0 | 0 | 0 |
| DEBORAH O'MALLEY | |||||||||||||
| 215000 | 0 | 50000 | 0 | 203 | 0 | 19417 | 0 | 5810 | 0 | 290430 | 0 | 0 | 0 |
| DENNIS LYONS | |||||||||||||
| 260659 | 0 | 0 | 0 | 203 | 0 | 21808 | 0 | 312 | 0 | 282982 | 0 | 0 | 0 |
| ROBERT W HOLMES | |||||||||||||
| 0 | 0 | 0 | 0 | 293722 | 0 | 3578 | 0 | 0 | 0 | 297300 | 0 | 0 | 0 |
| THOMAS SCANLON | |||||||||||||
| 243500 | 0 | 25000 | 0 | 203 | 0 | 22267 | 0 | 15117 | 0 | 306087 | 0 | 0 | 0 |
| KEITH A BELLUCCI | |||||||||||||
| 205000 | 0 | 50000 | 0 | 203 | 0 | 18733 | 0 | 15067 | 0 | 289003 | 0 | 0 | 0 |
| DOUGLAS PISANO | |||||||||||||
| 243478 | 0 | 0 | 0 | 203 | 0 | 23700 | 0 | 15118 | 0 | 282499 | 0 | 0 | 0 |
| MICHAEL MALLOY | |||||||||||||
| 226880 | 0 | 0 | 0 | 203 | 0 | 21344 | 0 | 15096 | 0 | 263523 | 0 | 0 | 0 |
| KATHLEEN RYAN | |||||||||||||
| 159000 | 0 | 20000 | 0 | 203 | 0 | 14525 | 0 | 5772 | 0 | 199500 | 0 | 0 | 0 |
| CARRIE GLASS | |||||||||||||
| 169000 | 0 | 10000 | 0 | 203 | 0 | 15458 | 0 | 15019 | 0 | 209680 | 0 | 0 | 0 |
| MARY LILLY | |||||||||||||
| 159000 | 0 | 15000 | 0 | 203 | 0 | 14542 | 0 | 15006 | 0 | 203751 | 0 | 0 | 0 |
| DAVID TANNER | |||||||||||||
| 205838 | 0 | 0 | 0 | 203 | 0 | 20050 | 0 | 15069 | 0 | 241160 | 0 | 0 | 0 |
| CAROL ELIADI | |||||||||||||
| 201575 | 0 | 0 | 0 | 203 | 0 | 18738 | 0 | 267 | 0 | 220783 | 0 | 0 | 0 |
| LILY HSU | |||||||||||||
| 189575 | 0 | 0 | 0 | 203 | 0 | 17352 | 0 | 15047 | 0 | 222177 | 0 | 0 | 0 |
| TIMOTHY MAHER | |||||||||||||
| 183845 | 0 | 0 | 0 | 203 | 0 | 16199 | 0 | 15032 | 0 | 215279 | 0 | 0 | 0 |
| KEVIN MCGOVERN | |||||||||||||
| 183750 | 0 | 0 | 0 | 203 | 0 | 16813 | 0 | 15039 | 0 | 215805 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (5 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART I, LINE 1A: RESIDENCE FOR PERSONAL USE | THE PRESIDENT OF THE COLLEGE PERIODICALLY STAYS OVERNIGHT IN COLLEGE OWNED FACILITIES. THE FAIR MARKET RENT VALUE OF THESE LODGING ACCOMMODATIONS ARE REPORTED ANNUALLY IN THE PRESIDENT'S FORM W-2 AS A TAXABLE FRINGE BENEFIT, AND HAVE BEEN INCLUDED IN COLUMN B (III) OF SCHEDULE J AS OTHER REPORTABLE COMPENSATION. SOCIAL CLUB DUES THE COLLEGE PROVIDES FOR THE ANNUAL COST OF MEMBERSHIP DUES IN TWO SOCIAL CLUBS FOR ITS PRESIDENT, LOCAL TO CAMPUS. THE FULL AMOUNT OF DUES PAID IS REPORTED ANNUALLY ON THE PRESIDENT'S FORM W-2 ANNUAL WAGE AND TAX STATEMENT AS A TAXABLE FRINGE BENEFIT PURSUANT TO INTERNAL REVENUE CODE SECTION 274(A)(3), AND HAS BEEN DISCLOSED IN COLUMN B(III) OF SCHEDULE J. THE USE OF THE CLUBS IS PRIMARILY FOR THE PURPOSES OF BUSINESS MEETINGS AND COMMUNITY INVOLVEMENT FURTHERING THE INTERESTS OF THE COLLEGE. USE OF THE CLUBS IS DOCUMENTED AND ANY COSTS FOR PERSONAL MEALS OR USE ARE PAID BY THE PRESIDENT PERSONALLY WHEN INCURRED. |
| PART I, LINE 1A: | THE COLLEGE'S EXECUTIVE VICE PRESIDENT RECEIVED A TUITION REMISSION BENEFIT THAT PROVIDES FOR PAYMENT ON A GROSS-UP BASIS FOR TAX PURPOSES. |
| PART I, LINE 4A: | ONE FORMER OFFICER, WHOSE EMPLOYMENT TERMINATED DURING THE PRIOR FISCAL YEAR, RECEIVED SEVERANCE COMPENSATION IN THE AMOUNT OF $293,722. tHE AMOUNT WAS REPORTED IN FORM 990 PART VII, LINE 1A AND SCHEDULE J, PART II AS REQUIRED. |
| PART I, LINE 4B: | DURING THE YEAR, THE COLLEGE'S PRESIDENT PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. NO AMOUNTS WERE PAID DURING THE YEAR, AND AMOUNTS ACCRUED ARE SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE. |
| PART I, LINE 7: | SEVERAL OFFICERS AND KEY EMPLOYEES RECEIVED NON-FIXED, NON-CONTRACTUAL PAYMENTS REPRESENTING PERFORMANCE PAYMENTS DETERMINED ON A DISCRETIONARY BASIS RESULTING FROM ANNUAL PERFORMANCE APPRAISAL AND COMPENSATION REVIEW. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY | |||||||
| 043431814 | 57583F7G0 | 2005-02-03 | 53408068 | RENOVATE AND EQUIP FACILITY | false | false | false |
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY | |||||||
| 043431814 | 57583RTA3 | 2007-10-03 | 56859248 | CONSTRUCT AND EQUIP FACILITY | false | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Amount RetiredAmountRetired | Amount Bond DefeasedAmountBondDefeased | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Capitalized InterestCapitalizedInterest | Refunding EscrowRefundingEscrow | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Working Capital ExpendituresWorkingCapitalExpenditures | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Amount UnspentAmountUnspent | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7070000 | 0 | 53692683 | 3348894 | 0 | 0 | 725267 | 930779 | 0 | 19399931 | 29287812 | 0 | 2006 | true | true | true | true |
| 4405000 | 0 | 57656127 | 3768124 | 0 | 27919852 | 677535 | 558300 | 0 | 24023827 | 708489 | 0 | 2009 | false | true | true | true |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|
| false | false | false | false | 0.00000 | 0.00000 | 0.00000 | true |
| false | false | false | false | 0.00000 | 0.00000 | 0.00000 | true |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Business Name Line1NameOfGICProvider/BusinessNameLine1 | Term Of GICTermOfGIC | Regulatory Safe Harbor SatisfiedRegulatorySafeHarborSatisfied | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|---|---|---|
| 0 | ||||||||
| false | false | false | true | WACHOVIA BANK | 15. | true | false | false |
| 0 | ||||||||
| false | false | false | false | 0 | false | false | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fed Tax Requirements Compliance | X | FedTaxRequirementsCompliance |
Form990 Schedule K Part VI Form990ScheduleKPartVI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART II, LINE 3 | Identifier |
| Return Reference | 0 | ReturnReference |
| Explanation | TOTAL PROCEEDS OF A AND B INCLUDE CONSTRUCTION PERIOD INVESTMENT EARNINGS OF $194,672 AND $796,662, RESPECTIVELY. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | GERARD D'AMICO | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | OFFICER IN-LAW | Relationship |
| Amount Of Transaction | 72000 | AmountOfTransaction |
| Description Of Transaction | CONSULTANT | DescriptionOfTransaction |
| Sharing Of Revenues | false | SharingOfRevenues |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART IV, LINE 1 | Identifier |
| Explanation | GERARD D'AMICO WAS A CONSULTANT TO THE COLLEGE DURING THE REPORTING YEAR. RELATIONSHIP TO OFFICER FULLY DISCLOSED TO BOARD OF DIRECTORS, ARRANGEMENT AND COMPENSATION UNANIMOUSLY APPROVED BY BOARD. | Explanation |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 6 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 34544 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV ON GIFT DATE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts | |
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6: | THE COLLEGE IS A NON-STOCK CORPORATION WITH ONE CLASS OF CORPORATION MEMBERS WHOSE RESPONSIBILITY IS TO ELECT MEMBERS OF THE BOARD OF TRUSTEES (THE "BOARD"), THE COLLEGE'S GOVERNING BODY. MEMBERS DO NOT APPROVE SIGNIFICANT DECISIONS OF THE BOARD. MEMBERS DO NOT RECEIVE ANY SHARE OF THE ORGANIZATION'S PROFITS OR ANY SHARE OF THE ORGANIZATION'S NET ASSETS UPON DISSOLUTION. | |
| FORM 990, PART VI, SECTION A, LINE 7A: | SEE EXPLANATION FOR FORM 990, PART VI, SECTION A, LINE 6 ABOVE. | |
| FORM 990, PART VI, SECTION B, LINES 11A AND 11B: | A COPY OF THE COLLEGE'S COMPLETED FORM 990 IS DISTRIBUTED TO ALL TRUSTEES PRIOR TO FILING. THE FORM 990 IS ALSO REVIEWED ANNUALLY BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES, WHOSE MEMBERS SUBSTANTIALLY REPRESENT THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. THIS REVIEW PROVIDES FOR DETAILED OVERSIGHT AMONG INDIVIDUALS GOVERNING COLLEGE FINANCES AND OFFICER COMPENSATION. FORM 990 IS ALSO REVIEWED BY THE COLLEGE'S CHIEF FINANCIAL OFFICER, CHIEF BUSINESS OFFICER AND INDEPENDENT ADVISORS FROM A NATIONAL ACCOUNTING FIRM. | |
| FORM 990, PART VI, SECTION B, LINE 12C: | OFFICERS, TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED ANNUALLY TO COMPLETE A STATEMENT DISCLOSING ALL BUSINESS AND FAMILY RELATIONSHIPS THAT COULD CREATE A CONFLICT OF INTEREST WITHIN THE COLLEGE. ALL POTENTIAL CONFLICTS ARE REVIEWED BY THE TRUSTEES INDEPENDENT OF THE PERSON CONCERNED, AND RESOLUTIONS ARE VOTED PRESERVING THE COLLEGE'S INTERESTS WHILE THE PERSON WITH THE POTENTIAL OR ACTUAL CONFLICT IS RECUSED. | |
| FORM 990, PART VI, SECTION B, LINE 15: | COMPENSATION OF THE COLLEGE'S PRESIDENT AND CERTAIN VICE PRESIDENTS IS REVIEWED AND AUTHORIZED BY THE COMPENSATION COMMITTEE, WHOSE MEMBERS ARE INDEPENDENT TRUSTEES ALSO SERVING ON THE COLLEGE'S FINANCE COMMITTEE. NO PERSONS WITH A CONFLICT OF INTEREST WITH RESPECT TO COMPENSATION ARRANGEMENTS SERVE ON THE COMMITTEE. A COMPENSATION CONSULTANT PROVIDES THE GROUP WITH DATA AND RECOMMENDATIONS INCLUDING COMPARABLE COMPENSATION FOR QUALIFIED PERSONS IN COMPARABLE POSITIONS AT SIMILAR INSTITUTIONS. COMMITTEE MINUTES, DECISIONS, AND COMPENSATION ARRANGEMENTS ARE ALL CONTEMPORANEOUSLY DOCUMENTED. THE COMPENSATION COMMITTEE LAST COMPLETED THEIR OFFICER COMPENSATION REVIEW PROCESS IN FISCAL YEAR ENDED JUNE 30, 2012. | |
| FORM 990, PART VI, SECTION C, LINE 19: | THE COLLEGE'S GOVERNING DOCUMENT IS ITS CORPORATE CHARTER ENACTED BY MASSACHUSETTS LEGISLATURE, A COPY OF WHICH IS PROVIDED UPON REQUEST AND IS ALSO PUBLICLY AVAILABLE AT THE OFFICE OF THE SECRETARY OF MASSACHUSETTS. THE COLLEGE'S CONFLICT OF INTEREST POLICY APPLICABLE TO TRUSTEES IS PART OF THE COLLEGE'S BY-LAWS AND IS AVAILABLE UPON REQUEST. THE COLLEGE'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC AT THE OFFICE OF THE ATTORNEY GENERAL OF MASSACHUSETTS, AS FILED ANNUALLY WITH MASSACHUSETTS FORM PC - REPORT OF PUBLIC CHARITIES. AUDITED FINANCIAL STATEMENTS ARE ALSO PROVIDED ON REQUEST. | |
| FORM 990, PART XI, LINE 5 | NET UNREALIZED LOSSES ON INVESTMENTS ($3,290,776) | OTHER CHANGES IN NET ASSETS: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Percentage OwnershipPercentageOwnership |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LONGWOOD PHARMACEUTICAL RESEARCH INC | |||||||||||
| 179 LONGWOOD AVENUE | BOSTON | MA | 02115 | 042797812 | PHARM RESEARC | MA | MCPAHS | C CORP | 0 | 0 | 1.00000 |
| LONGWOOD PHARMACOLOGY RESEARCH INC | |||||||||||
| 179 LONGWOOD AVENUE | BOSTON | MA | 02115 | 043536683 | PHARM RESEARC | MA | MCPAHS | C CORP | 0 | 0 | 1.00000 |
| UNIVERSAL SYMBOLS INC | |||||||||||
| 179 LONGWOOD AVENUE | BOSTON | MA | 02115 | 043406878 | MEDICINE SYMB | MA | MCPAHS | C CORP | 0 | 167303 | 1.00000 |
| 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 |