PRESIDENT & TRUSTEES OF COLBY COLLEGE: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- PRESIDENT & TRUSTEES OF COLBY COLLEGE (EIN 01-0211497)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-08
- IRS object ID
- 201331299349300738
- Schema version
- 2011v1.2
- 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 F
- Schedule I
- Schedule J
- Schedule K
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-08T08:10:17-07:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010211497 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRESIDENT & TRUSTEES OF COLBY COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PRES | NameControl |
| Phone | 2078594127 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4120 Mayflower Hill | AddressLine1 |
| City | Waterville | City |
| State | ME | State |
| ZIP Code | 04901 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Douglas Terp | Name |
| Title | VP for Administration | Title |
| Phone | 2078594770 | Phone |
| Date Signed | 2013-05-08 | DateSigned |
| 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 | William D Adams | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4605 Mayflower Hill | AddressLine1 |
| City | Waterville | City |
| State | ME | State |
| ZIP Code | 04901 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 252004000 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.colby.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1821 | YearFormation |
| State Legal Domicile | ME | StateLegalDomicile |
| Activity Or Mission Description | Education | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 35 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 33 | NbrIndependentVotingMembers |
| Total Nbr Employees | 2686 | TotalNbrEmployees |
| Total Nbr Volunteers | 2000 | TotalNbrVolunteers |
| Total Gross UBI | 688000 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -109422 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 22558000 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 16334000 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 102634000 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 104827000 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 32508000 | InvestmentIncomePriorYear |
| Investment Income Current Year | 36544000 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 294000 | OtherRevenuePriorYear |
| Other Revenue Current Year | 477000 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 157994000 | TotalRevenuePriorYear |
| Total Revenue Current Year | 158182000 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 24013000 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 25533702 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 60265000 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 61775000 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 4913000 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 51944000 | OtherExpensePriorYear |
| Other Expenses Current Year | 51612298 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 136222000 | TotalExpensesPriorYear |
| Total Expenses Current Year | 138921000 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 21772000 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 19261000 | RevenuesLessExpensesCY |
| Total Assets BOY | 1050624000 | TotalAssetsBOY |
| Total Assets EOY | 1059423000 | TotalAssetsEOY |
| Total Liabilities BOY | 131831000 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 154376000 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 918793000 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 905047000 | NetAssetsOrFundBalancesEOY |
| Mission Description | Colby seeks to provide a unique educational experience and a broad acquaintance with human knowledge to enable each student to fulfill his or her own unique potential. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 114460000 | Expense |
| Grants | 25534000 | Grants |
| Revenue | 104827000 | Revenue |
| Description | Post secondary education: Instruction of 1,815 undergraduate students in 2011/12. 472 were graduated in the 2011/12 year. This includes expenditures for faculty, dormitories and dining, student and academic support services, campus maintenance services and other related costs. | Description |
| Total Of Other Program Service Exp | 0 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 0 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 0 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 114460000 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 1 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 1 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 1 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 3026 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 1 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 2686 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | SP | NameOfForeignCountry |
| Name Of Foreign Country | FR | NameOfForeignCountry |
| Name Of Foreign Country | UK | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 35 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 33 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Ruben L Rivera | NamePerson |
| Telephone Number | 2078594127 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4120 Mayflower Hill | AddressLine1 |
| City | Waterville | City |
| State | ME | State |
| ZIP Code | 04901 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (52 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| Adams William D | |||||||||
| President | 40 | X | X | 414852 | 0 | 123147 | |||
| Diamond Robert E | |||||||||
| Chair of the Board | 5 | X | 0 | 0 | 0 | ||||
| Uchida Richard Y | |||||||||
| Vice Chair of the Board | 5 | X | 0 | 0 | 0 | ||||
| Alfond William L | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Boulos Joseph F | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Causey Julie Sands | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Connolly Ann Marie | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Corbett Rebecca Littleton | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Cotter William R | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Crawford James B | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Devine John B | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Gelbard Robert S | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Goldfarb William H | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Gordon Michael L | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Halloran Todd W | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Hoopes Jr Robert R | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| James Emma J | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Khoury Colleen A | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Krensky Harry F | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Lawry Seth W | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Lunder Paula Crane | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| McClain John W | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Montgoris William | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Morgan Betsy L | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Oates William A | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Papadellis Randy | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Pugh Lawrence R | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Pulver David | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Reed Kathleen Pinard | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Richardson Lou | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Rosengren Eric | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Siritunga Dilan | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Snyder Edward A | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Spillane Paul G | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Terrell Charles | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Walter Amy E | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Woodfork Joshua C | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Terp Douglas C | |||||||||
| VP Administration | 40 | X | 235297 | 0 | 57818 | ||||
| Cox Deborah Dutton | |||||||||
| VP College Relations | 40 | X | 243421 | 0 | 34756 | ||||
| Cowdrey Teresa E | |||||||||
| Dean of Admissions | 40 | X | 113126 | 0 | 10337 | ||||
| Beverage Parker J | |||||||||
| Dean of Admissions | 40 | X | 160523 | 0 | 20521 | ||||
| Terhune James S | |||||||||
| VP Student Affairs | 40 | X | 149817 | 0 | 34640 | ||||
| Baker Sally A | |||||||||
| Secretary of the Corporation | 40 | X | 141256 | 0 | 25348 | ||||
| Kletzer Lori G | |||||||||
| VP Acad Affairs | 40 | X | 263912 | 0 | 21408 | ||||
| Kiser Michael D | |||||||||
| Vice President for Communications | 40 | X | 50487 | 0 | 6894 | ||||
| Reinhardt Douglas E | |||||||||
| Assoc VP Inv. | 40 | 188845 | 0 | 27585 | X | ||||
| Yeterian Edward H | |||||||||
| Professor | 40 | 211788 | 0 | 25983 | X | ||||
| Maisel L Sandy | |||||||||
| Professor | 40 | 194932 | 0 | 25208 | X | ||||
| Mackenzie G Calvin | |||||||||
| Professor | 40 | 176951 | 0 | 22136 | X | ||||
| Whitmore Richard L | |||||||||
| Adjunct Prof of Athletics | 40 | 194160 | 0 | 25939 | X | ||||
| Cole F Russell | |||||||||
| Professor | 40 | 160361 | 0 | 22881 | X | ||||
| Kassman Janice A | |||||||||
| Special Asst to President | 40 | 111645 | 0 | 16596 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 3011373 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 501197 | TotalOtherCompensation |
| Number Individuals GT100 K | 95 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| PC Construction Company | |||||
| 193 Tilley Drive | South Burlington | VT | 05403 | Construction | 8571611 |
| Sodexo Operations LLC | |||||
| PO Box 5035 | Boston | MA | 02107 | Food Services | 5730942 |
| Consigli Construction Co Inc | |||||
| 15 Franklin Street | Portland | ME | 04101 | Construction | 2723981 |
| H P Cummings Construction Co Inc | |||||
| PO Box 297 | Winthrop | ME | 04364 | Construction | 2304274 |
| Ouellet Associates Inc | |||||
| 56 Bibber Parkway | Brunswick | ME | 04011 | Construction | 713101 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 20 | NumberOfContractorsGT100K |
| Federated Campaigns | 0 | FederatedCampaigns |
| Membership Dues | 0 | MembershipDues |
| Fundraising Events | 0 | FundraisingEvents |
| Related Organizations | 0 | RelatedOrganizations |
| Government Grants | 1909000 | GovernmentGrants |
| All Other Contributions | 14425000 | AllOtherContributions |
| Noncash Contributions | 4295000 | NoncashContributions |
| Total Contributions | 16334000 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| Tuition and fees | 611310 | 80764000 | 80764000 | 0 | $0 |
| Auxiliary | 611710 | 22677000 | 22677000 | 0 | $0 |
| Summer Programs | 900099 | 434000 | 0 | 434000 | $0 |
| Physical Fitness Facility | 713940 | 3000 | 0 | 3000 | $0 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 949000 | TotalRevenueColumn |
| Related Or Exempt Function Income | 949000 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 104827000 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7126000 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $7,126,000 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3000 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $3,000 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 102000 | Real |
| Personal | 0 | Personal |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 102000 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 102000 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $102,000 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 68338000 | Securities |
| Other | 54902000 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 64795000 | Securities |
| Other | 29027000 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3543000 | Securities |
| Other | 25875000 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 29418000 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 251000 | UnrelatedBusinessRevenue |
| Exclusion | $29,167,000 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrbtns Rprtd Fundraising Events | 0 | CntrbtnsRprtdFundraisingEvents |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 372000 | TotalRevenueColumn |
| Related Or Exempt Function Income | 83000 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $289,000 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 372000 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 158182000 | TotalRevenueColumn |
| Related Or Exempt Function Income | 104473000 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 688000 | UnrelatedBusinessRevenue |
| Exclusion | $36,687,000 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 350702 | Total |
| Program Services | 350702 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23230000 | Total |
| Program Services | 23230000 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1953000 | Total |
| Program Services | 1953000 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2062888 | Total |
| Program Services | 391249 | ProgramServices |
| Management And General | 1277642 | ManagementAndGeneral |
| Fundraising | 393997 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44279112 | Total |
| Program Services | 36939751 | ProgramServices |
| Management And General | 5139358 | ManagementAndGeneral |
| Fundraising | 2200003 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2908000 | Total |
| Program Services | 2330000 | ProgramServices |
| Management And General | 418000 | ManagementAndGeneral |
| Fundraising | 160000 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9388000 | Total |
| Program Services | 7602000 | ProgramServices |
| Management And General | 1209000 | ManagementAndGeneral |
| Fundraising | 577000 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3137000 | Total |
| Program Services | 2573000 | ProgramServices |
| Management And General | 388000 | ManagementAndGeneral |
| Fundraising | 176000 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6597000 | Total |
| Program Services | 5750000 | ProgramServices |
| Management And General | 743000 | ManagementAndGeneral |
| Fundraising | 104000 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 204000 | Total |
| Program Services | 87000 | ProgramServices |
| Management And General | 110000 | ManagementAndGeneral |
| Fundraising | 7000 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 132000 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 132000 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Fundraising | 0 | Fundraising |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Fundraising | 0 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4609000 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 4609000 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12284000 | Total |
| Program Services | 11275000 | ProgramServices |
| Management And General | 668000 | ManagementAndGeneral |
| Fundraising | 341000 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1997000 | Total |
| Program Services | 1041000 | ProgramServices |
| Management And General | 953000 | ManagementAndGeneral |
| Fundraising | 3000 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6099000 | Total |
| Program Services | 5378000 | ProgramServices |
| Management And General | 605000 | ManagementAndGeneral |
| Fundraising | 116000 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3449000 | Total |
| Program Services | 2897000 | ProgramServices |
| Management And General | 346000 | ManagementAndGeneral |
| Fundraising | 206000 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3054000 | Total |
| Program Services | 2723000 | ProgramServices |
| Management And General | 265000 | ManagementAndGeneral |
| Fundraising | 66000 | Fundraising |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8804000 | Total |
| Program Services | 7231000 | ProgramServices |
| Management And General | 1262000 | ManagementAndGeneral |
| Fundraising | 311000 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1245000 | Total |
| Program Services | 1041000 | ProgramServices |
| Management And General | 190000 | ManagementAndGeneral |
| Fundraising | 14000 | Fundraising |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Dues and Memberships | 488000 | 257000 | 164000 | 67000 |
| Staff Recruitment | 404000 | 331000 | 73000 | 0 |
| Miscellaneous | 2246298 | 1079298 | 996000 | 171000 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 138921000 | Total |
| Program Services | 114460000 | ProgramServices |
| Management And General | 19548000 | ManagementAndGeneral |
| Fundraising | 4913000 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32090000 | BOY |
| EOY | 37205000 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 140694000 | BOY |
| EOY | 134749000 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3004000 | BOY |
| EOY | 4310000 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 667000 | BOY |
| EOY | 650000 | 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 | 9744000 | BOY |
| EOY | 8096000 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 700000 | BOY |
| EOY | 834000 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1890000 | BOY |
| EOY | 1888000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 294331000 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 111778000 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 173486000 | BOY |
| EOY | 182553000 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 97706000 | BOY |
| EOY | 98282000 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 572355000 | BOY |
| EOY | 561205000 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18288000 | BOY |
| EOY | 29651000 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1050624000 | BOY |
| EOY | 1059423000 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13120000 | BOY |
| EOY | 13000000 | 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 | 671000 | BOY |
| EOY | 1163000 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 74865000 | BOY |
| EOY | 90628000 | 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 | 0 | BOY |
| EOY | 0 | 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 | 43175000 | BOY |
| EOY | 49585000 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 131831000 | BOY |
| EOY | 154376000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 299005000 | BOY |
| EOY | 303930000 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 289844000 | BOY |
| EOY | 266218000 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 329944000 | BOY |
| EOY | 334899000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 918793000 | BOY |
| EOY | 905047000 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1050624000 | BOY |
| EOY | 1059423000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 19261000 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -33007000 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | 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) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 0 | DirectContactLegislators |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 1 | OtherActivities |
| Other Activities | $10,000 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 10000 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchC_P2B_S00_L01 | Identifier |
| Return Reference | Schedule C, Part II-B, Line 1 | ReturnReference |
| Explanation | The College paid $10,000 in dues to various organizations, some portion of which may be used for lobbying in connection with issues that impact higher education. | Explanation |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 244000 | RevenuesIncluded |
| Assets In Part X | 34051000 | AssetsInPartX |
Held Works Of Art Amts HeldWorksOfArtAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 0 | RevenuesIncluded |
| Assets In Part X | 0 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 611441000 | BeginningOfYearBalance |
| Contributions | 5639000 | Contributions |
| Investment Earnings Or Losses | 9876000 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 8308000 | GrantsOrScholarships |
| Other Expenditures | 14482000 | OtherExpenditures |
| Administrative Expenses | 4609000 | AdministrativeExpenses |
| End Of Year Balance | 599557000 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 502076000 | BeginningOfYearBalance |
| Contributions | 13587000 | Contributions |
| Investment Earnings Or Losses | 125042000 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 7418000 | GrantsOrScholarships |
| Other Expenditures | 16566000 | OtherExpenditures |
| Administrative Expenses | 5280000 | AdministrativeExpenses |
| End Of Year Balance | 611441000 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 452990000 | BeginningOfYearBalance |
| Contributions | 8014000 | Contributions |
| Investment Earnings Or Losses | 67154000 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 7484000 | GrantsOrScholarships |
| Other Expenditures | 13244000 | OtherExpenditures |
| Administrative Expenses | 5354000 | AdministrativeExpenses |
| End Of Year Balance | 502076000 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 600248000 | BeginningOfYearBalance |
| Contributions | 5532000 | Contributions |
| Investment Earnings Or Losses | -122565000 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 7712000 | GrantsOrScholarships |
| Other Expenditures | 15399000 | OtherExpenditures |
| Administrative Expenses | 7114000 | AdministrativeExpenses |
| End Of Year Balance | 452990000 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.294 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.316 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.39 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 194000 | OtherCostOrOtherBasis |
| Book Value | 194000 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 217798000 | OtherCostOrOtherBasis |
| Depreciation | 96791000 | Depreciation |
| Book Value | 121007000 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 27751000 | OtherCostOrOtherBasis |
| Depreciation | 13123000 | Depreciation |
| Book Value | 14628000 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 1180000 | OtherCostOrOtherBasis |
| Depreciation | 629000 | Depreciation |
| Book Value | 551000 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 47408000 | OtherCostOrOtherBasis |
| Depreciation | 1235000 | Depreciation |
| Book Value | 46173000 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 182553000 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (12 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| Other Securities- Domestic Equity | 23472000 | F |
| Other Securities- Hedge Funds | 145245000 | F |
| Other Securities- Foreign Equity | 12303000 | F |
| Other Securities- Real Estate | 11065000 | F |
| Other Securities- Hard Asset | 11533000 | F |
| Temporary Cash Investments | 92334000 | F |
| Foreign Currency | -70000 | F |
| Partnerships- Private Equity | 146598000 | F |
| Partnerships- Foreign Equity | 49938000 | F |
| Partnerships- Hedge Funds | 19994000 | F |
| Partnerships- Hard Assets | 12289000 | F |
| Partnerships- Real Estate | 36504000 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 561205000 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Government advances for student loans | $5,212,000 |
| Annuity obligations | $12,178,000 |
| Post retirement benefit obligation | $27,801,000 |
| Asset retirement obligation | $4,394,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 49585000 | TotalOfAmounts |
| Total Revenue | 158182000 | TotalRevenue |
| Total Expenses | 138921000 | TotalExpenses |
| Excess Or Deficit For Year | 19261000 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -26655000 | NetUnrealizedGLOnInvestments |
| Donated Services And Facilities | 0 | DonatedServicesAndFacilities |
| Investment Expenses | 0 | InvestmentExpenses |
| Prior Period Adjustments | 0 | PriorPeriodAdjustments |
| Other | -$6,352,000 | OtherAmount |
| Total Adjustments | -33007000 | TotalAdjustments |
| Excess Or Deficit Per FS | -13746000 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 126939000 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -26655000 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 0 | DonatedSrvcAndUseOfFacilities |
| Recoveries Of Prior Year Grants | 0 | RecoveriesOfPriorYearGrants |
| Other Revenues | 21000 | OtherRevenues |
| Revenue Not Rptd F990 | -26634000 | RevenueNotRptdF990 |
| Revenue Subtotal | 153573000 | RevenueSubtotal |
| Investment Expenses Not Included | 4609000 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 0 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 4609000 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 158182000 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 140010000 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 0 | DonatedServicesUseOfFacilities |
| Prior Year Adjustments | 0 | PriorYearAdjustments |
| Losses Reported | 0 | LossesReported |
| Other Expenses Included | 0 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 140010000 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 4609000 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | -5698000 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | -1089000 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 138921000 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchD_P03_S00_L04 | Schedule D, Part III, Line 4 | Founded in 1959 and now comprising four wings, more than 7,000 works, and more than 28,000 square feet of exhibition space, the Colby College Museum of Art has built a significant permanent collection that specializes in American and contemporary art. The Museum is part of the Bixler Art and Music Center, a building named in honor of President J. Seelye Bixler (1942-1960) in recognition of his visionary support for the arts at Colby. The Museum serves both as a teaching resource for Colby College and as an active cultural institution for the residents of Maine and visitors to the state. |
| SchD_P05_S00_L04 | Schedule D, Part V, Line 4 | The College's endowment funds provide income and support for the furtherance of the educational mission of the College. |
| SchD_P10_S00_L02 | Schedule D, Part X, Line 2 | The College accounts for the effect of any uncertain tax positions based on a "more likely than not" threshold to the recognition of the tax positions being sustained based on the technical merits of the position under scrutiny by the applicable taxing authority. If a tax position or positions are deemed to result in uncertainties of those positions, the unrecognized tax effect is estimated based on a "cumulative probability assessment" that aggregates the estimated tax liability for all uncertain tax positions. The College has a number of tax positions, none of which result in an uncertainty requiring recognition. The College is not currently under examination by any taxing jurisdictions. The College's Federal and state tax returns are generally open for examination for three years following the date filed. |
| SchD_P11_S00_L08 | Schedule D, Part XI, Line 8 | Post retirement benefit cost change ($4,838,000), Accretion of asset retirement obligation $21,000, Change in annuity and life income fund ($860,000), Loss on refinancing ($675,000). |
| SchD_P12_S00_L02d | Schedule D, Part XII, Line 2d | Accretion of asset retirement obligation $21,000. |
| SchD_P13_S00_L04b | Schedule D, Part XIII, Line 4b | Post retirement benefit cost change ($4,838,000), Change in annuity and life income fund ($860,000). |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchE_P01_S00_L03 | Schedule E, Part I, Line 3 | Annual publication of non-discriminatory policy in the region's largest newspaper, the Boston Globe. |
| SchE_P01_S00_L06 | Schedule E, Part I, Line 6 | The College receives government grants for financial aid to students, faculty research, support of various innovative academic programs and energy related projects. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 1 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (15 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| Europe (including Iceland and Greenland) | 3 | 7 | Program Services | Study Abroad Program | 1301000 |
| Central America and the Caribbean | 0 | 2 | Program Services | Study Abroad Program | 102000 |
| Russia and the newly independent States | 0 | 0 | Program Services | Study Abroad Program | 71000 |
| South America | 0 | 1 | Program Services | Study Abroad Program | 40000 |
| South Asia | 0 | 0 | Program Services | Study Abroad Program | 3000 |
| Europe (including Iceland and Greenland) | 0 | 0 | Grantmaking | 1027000 | |
| East Asia and the Pacific | 0 | 0 | Grantmaking | 346000 | |
| Sub-Saharan Africa | 0 | 0 | Grantmaking | 189000 | |
| Central America and the Caribbean | 0 | 0 | Grantmaking | 118000 | |
| South America | 0 | 0 | Grantmaking | 115000 | |
| South Asia | 0 | 0 | Grantmaking | 81000 | |
| Russia and the newly independent States | 0 | 0 | Grantmaking | 48000 | |
| Middle East and North Africa | 0 | 0 | Grantmaking | 29000 | |
| Central America and the Caribbean | 0 | 0 | Investments | 37798000 | |
| Europe (including Iceland and Greenland) | 0 | 0 | Investments | 3979000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Offices | 3 | TotalNumberOfOffices |
| Total Number Of Employees | 10 | TotalNumberOfEmployees |
| Total Amount Spent | 45247000 | TotalAmountSpent |
Grants To Ind Outside US GrantsToIndOutsideUS (8 entries)
| Type Of AssistanceTypeOfAssistance | RegionRegion | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Manner Of Cash DisbursementMannerOfCashDisbursement | Amount Of Non Cash AssistanceAmountOfNonCashAssistance |
|---|---|---|---|---|---|
| Scholarships | Europe (including Iceland and Greenland) | 38 | 1027000 | check | 0 |
| Scholarships | East Asia and the Pacific | 13 | 346000 | check | 0 |
| Scholarships | Sub-Saharan Africa | 8 | 189000 | check | 0 |
| Scholarships | Central America and the Caribbean | 5 | 118000 | check | 0 |
| Scholarships | South America | 6 | 115000 | check | 0 |
| Scholarships | South Asia | 3 | 81000 | check | 0 |
| Scholarships | Russia and the newly independent States | 1 | 48000 | check | 0 |
| Scholarships | Middle East and North Africa | 1 | 29000 | check | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 1 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 1 | OwnForeignCorp |
| Passive Foreign Invest Co | 1 | PassiveForeignInvestCo |
| Foreign Partnership | 1 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchF_P01_S00_L02 | Identifier |
| Return Reference | Schedule F, Part I, Line 2 | ReturnReference |
| Explanation | Grants to students are made in accordance with Federal and Institutional Financial Aid policies. The grant funds are used for academic course work for foreign study-abroad. The Registrar's Office determines that academic standards are met before academic credit is received by the student. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (8 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | Amount Of Cash GrantAmountOfCashGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Purpose Of GrantPurposeOfGrant | IRC SectionIRCSection |
|---|---|---|---|---|---|---|---|---|
| Waterville Public Library | ||||||||
| 73 Elm St | Waterville | ME | 04901 | 010228705 | 16565 | 0 | general support | |
| Maine International Film Festival | ||||||||
| 10 Railroad Square | Waterville | ME | 04901 | 010419284 | 20000 | 0 | general support | 501(c)(3) |
| Mid-Maine Homeless Shelter | ||||||||
| PO Box 2612 | Waterville | ME | 04901 | 010425115 | 5004 | 0 | general support | 501(c)(3) |
| Waterville Main Street | ||||||||
| PO Box 945 | Waterville | ME | 04901 | 010544901 | 25000 | 0 | general support | 501(c)(3) |
| Central Maine Growth Council | ||||||||
| 50 Elm Street | Waterville | ME | 04901 | 010546258 | 12500 | 0 | general support | |
| City of Waterville Inc | ||||||||
| One Common Street | Waterville | ME | 04901 | 016000037 | 203333 | 0 | general support | |
| Educare Central Maine | ||||||||
| 97 Warer Street | Waterville | ME | 04901 | 264176872 | 20000 | 0 | general support | 501(c)(3) |
| Waterville Opera House Assoc | ||||||||
| 93 Main St | Waterville | ME | 04901 | 510159481 | 48300 | 0 | general support | 501(c)(3) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 5 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 3 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Scholarships to students | TypeOfGrant |
| Number Of Recipients | 715 | NumberOfRecipients |
| Amount Of Cash Grant | 0 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 23230000 | AmountOfNonCashAssistance |
| Description Of Non Cash Assistance | Credit to student accounts | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchI_P01_S00_L02 | Identifier |
| Return Reference | Schedule I, Part I, Line 2 | ReturnReference |
| Explanation | Grants to governments and organizations are made and monitored by College personnel in support of local community relations. College's Grants to individuals are made and monitored in accordance with Federal and Institutional Financial Aid policies. Amounts are applied to student accounts as credits to the bill at the bursar's office to offset academic charges. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Travel For Companions | X | TravelForCompanions |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| 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 | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 1 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (16 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Adams William D | |||||||||||||
| 396764 | 0 | 750 | 0 | 17338 | 0 | 72802 | 0 | 50345 | 0 | 537999 | 0 | 0 | 0 |
| Terp Douglas C | |||||||||||||
| 228837 | 0 | 750 | 0 | 5710 | 0 | 21745 | 0 | 36073 | 0 | 293115 | 0 | 0 | 0 |
| Cox Deborah Dutton | |||||||||||||
| 240316 | 0 | 750 | 0 | 2355 | 0 | 19036 | 0 | 15720 | 0 | 278177 | 0 | 0 | 0 |
| Cowdrey Teresa E | |||||||||||||
| 113126 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10337 | 0 | 123463 | 0 | 0 | 0 |
| Beverage Parker J | |||||||||||||
| 157265 | 0 | 750 | 0 | 2507 | 0 | 14113 | 0 | 6408 | 0 | 181043 | 0 | 0 | 0 |
| Terhune James S | |||||||||||||
| 148872 | 0 | 750 | 0 | 195 | 0 | 14248 | 0 | 20392 | 0 | 184457 | 0 | 0 | 0 |
| Baker Sally A | |||||||||||||
| 140277 | 0 | 750 | 0 | 230 | 0 | 13007 | 0 | 12341 | 0 | 166605 | 0 | 0 | 0 |
| Kletzer Lori G | |||||||||||||
| 237967 | 0 | 750 | 0 | 25195 | 0 | 0 | 0 | 21408 | 0 | 285320 | 0 | 0 | 0 |
| Kiser Michael D | |||||||||||||
| 46662 | 0 | 0 | 0 | 3825 | 0 | 0 | 0 | 6894 | 0 | 57381 | 0 | 0 | 0 |
| Reinhardt Douglas E | |||||||||||||
| 184510 | 0 | 750 | 0 | 3585 | 0 | 16777 | 0 | 10808 | 0 | 216430 | 0 | 0 | 0 |
| Yeterian Edward H | |||||||||||||
| 205493 | 0 | 750 | 0 | 5545 | 0 | 18975 | 0 | 7008 | 0 | 237771 | 0 | 0 | 0 |
| Maisel L Sandy | |||||||||||||
| 189914 | 0 | 750 | 0 | 4268 | 0 | 17507 | 0 | 7701 | 0 | 220140 | 0 | 0 | 0 |
| Mackenzie G Calvin | |||||||||||||
| 172399 | 0 | 750 | 0 | 3802 | 0 | 15635 | 0 | 6501 | 0 | 199087 | 0 | 0 | 0 |
| Whitmore Richard L | |||||||||||||
| 190332 | 0 | 750 | 0 | 3078 | 0 | 17611 | 0 | 8328 | 0 | 220099 | 0 | 0 | 0 |
| Cole F Russell | |||||||||||||
| 157428 | 0 | 750 | 0 | 2183 | 0 | 13623 | 0 | 9258 | 0 | 183242 | 0 | 0 | 0 |
| Kassman Janice A | |||||||||||||
| 110453 | 0 | 750 | 0 | 443 | 0 | 9495 | 0 | 7101 | 0 | 128242 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchJ_P01_S00_L01a | Schedule J, Part I, Line 1a | First-class or charter travel- William D. Adams. The College pays a $300 membership fee which allows the traveler access to flight upgrades when seats are available. The College also pays a small upgrade fee for the upgraded flight. Travel for companions- William D. Adams. Travel for companions is solely permitted when the companion's travel is in furtherance of the College's business purposes. Housing allowance or residence- William D. Adams. Housing allowance provided as a working condition fringe benefit. All benefits were provided in accordance with written College policies. None of the benefits were treated as taxable compensation. |
| SchJ_P01_S00_L04 | Schedule J, Part I, Line 4 | President William D. Adams participates in a deferred compensation arrangement. The amount earned in fiscal year 2012 under the program totaled $25,000. |
| SchJ_P01_S00_L07 | Schedule J, Part I, Line 7 | Bonus amounts reported on Schedule J, Part II, column (B)(ii) are determined by the Board of Trustees. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (4 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| Maine Health & Higher Educational Facilities Authority | |||||||
| 010314384 | 560425UZ1 | 2005-08-17 | 18325000 | Facilities | 0 | 0 | 1 |
| Maine Health & Higher Educational Facilities Authority | |||||||
| 010314384 | 5604252A7 | 2006-09-06 | 14025000 | Facilities | 0 | 0 | 1 |
| Maine Health & Higher Educational Facilities Authority | |||||||
| 010314384 | 560425H37 | 2007-07-17 | 9260000 | Facilities | 0 | 0 | 1 |
| Maine Health & Higher Educational Facilities Authority | |||||||
| 010314384 | 560425T83 | 2007-11-01 | 11525000 | Facilities | 0 | 0 | 1 |
Form990 Schedule K Part II Form990ScheduleKPartII (4 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 19143710 | 1829813 | 0 | 0 | 232436 | 0 | 0 | 17076720 | 4741 | 0 | 2006 | 0 | 0 | 1 | 1 |
| 0 | 0 | 14203352 | 1236740 | 0 | 0 | 178352 | 0 | 0 | 12788260 | 0 | 0 | 2007 | 0 | 0 | 1 | 1 |
| 0 | 0 | 10423507 | 851141 | 0 | 0 | 114817 | 0 | 0 | 9454871 | 2678 | 0 | 1997 | 1 | 0 | 1 | 1 |
| 0 | 0 | 11833943 | 860000 | 0 | 0 | 143259 | 0 | 0 | 10830141 | 543 | 0 | 2008 | 0 | 0 | 1 | 1 |
Form990 Schedule K Part III Form990ScheduleKPartIII (4 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Engage Bond Counsel ContractsEngageBondCounselContracts | Any Research AgreementsAnyResearchAgreements | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 1 | 1 | 0 | 0.001 | 0 | 0.001 | 1 |
| 0 | 0 | 1 | 1 | 0 | 0.022 | 0.001 | 0.023 | 1 |
| 0 | 0 | 1 | 1 | 0 | 0.005 | 0 | 0.005 | 1 |
| 0 | 0 | 1 | 1 | 0 | 0.01 | 0 | 0.01 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (4 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 |
Form990 Schedule K Part VI Form990ScheduleKPartVI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchK_P05_S00_L00 | Identifier |
| Return Reference | Schedule K, Part V | ReturnReference |
| Explanation | The College has adopted written procedures as of June 30, 2012, to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations. The College did not check the Schedule K, Part V box because written procedures were not in effect for the full 12 months prior to June 30, 2012. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| Maine Health & Higher Educational Facilities Authority | |||||||
| 010314384 | 560425W97 | 2008-06-19 | 12915000 | Facilities | 0 | 0 | 1 |
| Maine Health & Higher Educational Facilities Authority | |||||||
| 010314384 | 560427HM1 | 2010-06-24 | 7025000 | Facilities | 0 | 0 | 1 |
| Maine Health & Higher Educational Facilities Authority | |||||||
| 010314384 | 560427RB4 | 2012-01-19 | 27670000 | Facilities | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (3 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 14117084 | 1095056 | 0 | 0 | 252037 | 0 | 0 | 12765505 | 4486 | 0 | 2009 | 1 | 0 | 1 | 1 |
| 78074 | 0 | 9173706 | 924051 | 0 | 0 | 75797 | 0 | 0 | 8171892 | 1966 | 0 | 2002 | 0 | 1 | 1 | 1 |
| 0 | 0 | 31378404 | 0 | 0 | 13710871 | 416524 | 0 | 0 | 5250000 | 0 | 12001009 | 2014 | 0 | 1 | 0 | 1 |
Form990 Schedule K Part III Form990ScheduleKPartIII (3 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Engage Bond Counsel ContractsEngageBondCounselContracts | Any Research AgreementsAnyResearchAgreements | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 1 | 1 | 0 | 0.009 | 0.015 | 0.024 | 1 |
| 0 | 0 | 1 | 1 | 0 | 0.004 | 0.008 | 0.012 | 1 |
| 0 | 0 | 1 | 1 | 0 | 0.012 | 0 | 0.012 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 |
Schedule L IRS990ScheduleL
Loan Table LoanTable (3 entries)
| Purpose Of LoanPurposeOfLoan | Loan From OrganizationLoanFromOrganization | Original PrincipalOriginalPrincipalAmount | Balance DueBalanceDue | DefaultDefault | Approved By BoardApprovedByBoard | Written AgreementWrittenAgreement |
|---|---|---|---|---|---|---|
| James S Terhune | ||||||
| mortgage on primary residence | X | $245,000 | 214000 | 0 | 1 | 1 |
| Deborah Dutton Cox | ||||||
| mortgage on primary residence | X | $222,500 | 191000 | 0 | 1 | 1 |
| Teresa E Cowdrey | ||||||
| mortgage on primary residence | X | $250,000 | 245000 | 0 | 1 | 1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 650000 | TotalBalanceDue |
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| Martha Reinhardt | |||
| spouse of key employee | 15854 | compensation | 0 |
| Barclays PLC | |||
| Trustee Robert E Diamond | 258239 | Debt consulting services | 0 |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchL_P04_S00_L00 | Identifier |
| Return Reference | Schedule L, Part IV | ReturnReference |
| Explanation | Trustee Robert E. Diamond was part of the management group at Barclays PLC but was not directly involved in providing debt consulting services to the College. | Explanation |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 12 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 244000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | qualified appraisals | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 101 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 4040000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | IRS valuation on gift date | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | Educational Materials | Description |
| Number Of Contributions | 45 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 11000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Cost of donated materials | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchM_P01_S00_L32b | Identifier |
| Return Reference | Schedule M, Part I, Line 32b | ReturnReference |
| Explanation | The College utilizes financial services firms to assist with the sales of publicly traded securities, real estate and other similar non-cash gifts. All transactions are conducted at arms-length and for good and sufficient consideration. The amounts in Part I, column B reflect total number of contributions. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| F990_P06_S0B_L11b | Form 990, Part VI, Section B, Line 11b | The return is reviewed by an independent accounting firm and the audit subcommittee of the Board of Trustees. The College provides an electronic copy of the full IRS Form 990 via a password protected web-site on which the form may be viewed by all voting members of the Board of Trustees prior to filing. The College notifies Board members that the Form 990 is available for review on that site. |
| F990_P06_S0B_L12c | Form 990, Part VI, Section B, Line 12c | A Conflict of Interest questionnaire is completed annually by all members of the Board of Trustees, all Officers and all Key Employees. The completed questionnaires are reviewed by College management and any potential conflicts are discussed with the Audit Subcommittee of the Board of Trustees. The Audit Subcommittee will enforce compliance with the Conflict of Interest policy. Any individual with a conflict of interest is prohibited from participating in deliberations and decisions involving the transaction. |
| F990_P06_S0B_L15 | Form 990, Part VI, Section B, Line 15 | For the President's compensation, a comparison to peer institutions is undertaken annually. In addition, each year an independent compensation consultant is engaged to assess the reasonableness of the compensation amount. The President's compensation amount is reviewed and approved annually by the Executive Committee of the Board of Trustees. For all other Officers and Key Employees, a comparison to peer institutions is undertaken annually. The College President will recommend the annual compensation amounts for all other Officers and Key Employees, which are reviewed and approved annually by the Executive Committee of the Board of Trustees. Compensation of the President, Officers and Key Employees is set by independent persons and documented contemporaneously. |
| F990_P06_S0C_L17 | Form 990, Part VI, Section C, Line 17 | The College is not required to file Form 990 in any state. |
| F990_P06_S0C_L19 | Form 990, Part VI, Section C, Line 19 | Annual financial statement is available on Colby's public web-site. Other governing documents and the conflict of interest policy are made available to the public upon request. |
| F990_P11_S00_L05 | Form 990, Part XI, Line 5 | Unrealized loss on investments ($26,655,000), Post retirement benefit cost change ($4,838,000), Accretion of asset retirement obligation $21,000, Change in annuity and life income funds ($860,000), Loss on refinancing ($675,000). |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA | Controlled OrgControlledOrg | Business Name Line2NameOfDisregardedEntity/BusinessNameLine2 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Colby College Charitable Trust | |||||||||||
| 4120 Mayflower Hill | Waterville | ME | 04901 | 010529787 | supporting organization | ME | 501(c)(3) | support org- Type II | N/A | 1 | |
| Mayflower Hill Broadcasting WMHB | |||||||||||
| 4000 Mayflower Hill | Waterville | ME | 04901 | 141876184 | operation of radio station | ME | 501(c)(3) | 7 | N/A | 1 | |
| Colby College UK | |||||||||||
| 4120 Mayflower Hill | Waterville | ME | 04901 | foreign educational program- ceased operations | ME | foreign exempt org. | N/A | 1 | c/o Colby College | ||
Form990 Schedule R Part IV Form990ScheduleRPartIV (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Direct Controlling Entity NADirectControllingEntityNA | Type Of EntityTypeOfEntity |
|---|---|---|---|---|---|---|---|
| Charitable Remainder Trust (24) | |||||||
| 4120 Mayflower Hill | Waterville | ME | 04901 | Charitable Remainder Unitrust | ME | N/A | T |
| Charitable Remainder Annuity Trust (1) | |||||||
| 4120 Mayflower Hill | Waterville | ME | 04901 | Charitable Remainder Annuity Trust | ME | N/A | T |
| Colby College Pooled Income Fund B (1) | |||||||
| 4120 Mayflower Hill | Waterville | ME | 04901 | Pooled Income Fund | ME | N/A | T |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 1 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |