2012-05-08T09:52:31-07:00 2011-06-30 990 2010-07-01 042104329 SPRINGFIELD COLLEGE SPRI 4137483880 263 Alden Street Springfield MA 01109 Michael Dobise 4137483880 2012-05-08 2010 2016-02-24 21:20:13Z Richard B Flynn 263 Alden Street Springfield MA 01109 160461641 0 X www.spfldcol.edu X 1890 MA The mission of Springfield College is to educate students in spirit, mind and body for leadership in service to humanity by building upon a foundation of Humanics and academic excellence. The College is a private, coeducational institution offering baccalaureate, masters and doctoral degrees. 28 26 3294 300 2250 0 11297067 12787023 125620282 135119966 587823 499976 0 2000000 137505172 150406965 39527349 42419611 0 0 56202509 58688044 0 0 4042942 39200916 42861375 134930774 143969030 2574398 6437935 215414471 228027146 99183183 97601188 116231288 130425958 The mission of Springfield College is to educate students in spirit, mind and body for leadership in service to humanity by building upon a foundation of Humanics and academic excellence. The College is a private, coeducational institution offering baccalaureate, masters and doctoral degrees. 0 0 42419611 42419611 42419611 The College offers a financial assistance program to assist qualified students in obtaining a Springfield College education. Aid is awarded on the basis of full-time enrollment, and considers various factors, including financial need, academic achievement, leadership and other personal, qualitative attributes. Income and expenses associated with the assistance are included in this category. 7305801 0 22619961 The College operates ten student residences with relatively independent living for third and fourth year students, providing housing for 2000 students who live on the main campus. Dining and snack services are provided for all enrolled students through a variety of facilities on the main campus. The expenses and revenues associated with these activities are included in this category. 73245815 0 70078144 The College emphasizes the education of leaders for the allied health sciences, human and social services, sports movement activities, and the arts and sciences, and offers undergraduate degrees in 40 majors and graduate degree programs in 15 fields, including doctoral degrees in physical education and physical therapy. The expenses and revenues associated with these programs are included in this category. 0 0 0 122971227 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 269 0 1 3294 1 1 1 0 0 0 0 0 0 0 0 1 1 0 X 28 26 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 CA MA NY X John L Mailhot 4137483145 263 Alden St Springfield MA 01109 Charisse F Duroure 0.1 X 0 0 0 Richard B Flynn 75 X X 418335 0 0 Sally M Griggs 0.1 X 0 0 0 J Rockwell Allen 0.1 X 0 0 0 J Michael Wallace 0.1 X 0 0 0 Herbert H Jervis 0.1 X 0 0 0 Robert M Sullivan Jr 0.1 X 0 0 0 John W Lund 0.1 X 0 0 0 John L Mailhot 50 X X 170746 0 0 Denise Alleyne 0.1 X 0 0 0 Peter Andruszkiewicz 0.1 X 0 0 0 Neil J Nicoll 0.1 X 0 0 0 Mel Zuckerman 0.1 X 0 0 0 Jeffrey M Levy 0.1 X 0 0 0 Susan Lundin 0.1 X 0 0 0 Thomas Marks 0.1 X 0 0 0 James E Walsh 0.1 X 0 0 0 Douglass L Coupe 0.1 X 0 0 0 John L Doleva 0.1 X 0 0 0 H Todd Stitzer 0.1 X 0 0 0 John A Odierna 0.1 X 0 0 0 Howard A Pulsifer 0.1 X 0 0 0 William A Burke III 0.1 X 0 0 0 Lisa B Emirzian 0.1 X 0 0 0 Bridget Belgiovine 0.1 X 0 0 0 Tyler Hilbert 0.1 X 0 0 0 Harold C Smith 0.1 X 0 0 0 Gregory C Toczydlowski 0.1 X 0 0 0 Jill Russell 50 X 151963 0 0 David Braverman 50 X 140723 0 0 Jean A Wyld 50 X 184147 0 0 John A White 50 X 128291 0 0 Robert Willey 40.00 X 128326 0 0 Albert Petitpas 40 X 128185 0 0 Richard Davila 40 X 124620 0 0 Peter John Polito 40 X 125982 0 0 Frank Torre 40 X 128708 0 0 1830026 0 0 44 0 1 0 Erland Construction Inc 83 Second Street Burlington MA 01803 Construction projects 4491757 Aramark Corporation 263 Alden Street Springfield MA 01109 Food service 7543483 Tassinari Construction Inc 70 Maxwell Road Monson MA 01057 Construction projects 1032267 Collins Electric Company PO Box 3311 Springfield MA 01102 Electrical contractor/construction projects 377991 Morris Roofing & Sheet Metal 142 Hancock St Springfield MA 01139 Roofing contractor 243932 16 0 0 0 0 8218143 4568880 594728 12787023 Tuition & fees 611310 109545041 109545041 0 0 Sales/services auxiliary enterprises 611310 22619961 22619961 0 0 Sales/services educational departments 611310 737938 737938 0 0 Other program income 611310 2217026 2214776 2250 0 0 0 0 0 135119966 889733 0 0 889733 0 0 0 0 0 0 0 0 0 0 9461693 203226 9468212 586464 -6519 -383238 -389757 0 0 -389757 0 Insurance settlement 611310 2000000 0 0 2000000 0 0 0 0 2000000 150406965 135117716 2250 2499976 0 0 42419611 42419611 0 0 0 0 1200916 0 1200916 0 0 0 0 0 45930304 39182512 5470817 1276975 3217155 2674580 455409 87166 4907753 3701543 1087159 119051 3431916 2853122 485810 92984 0 0 0 0 282127 0 282127 0 120194 0 120194 0 0 0 0 0 0 0 245705 245705 0 0 658451 401655 223873 32923 146190 0 146190 0 9990901 7243359 1944849 802693 454254 277218 154359 22677 0 0 0 0 6916953 5404908 1318193 193852 1228117 951270 206393 70454 0 0 0 0 0 0 0 0 3490127 2443089 698025 349013 0 0 0 0 7685108 5379575 1537022 768511 1196003 254238 941765 0 Athletics 702932 702932 0 0 Auxiliary enterprises 7305801 7305801 0 0 Bad debts 637244 637244 0 0 Miscellaneous expenses 1801268 892865 681760 226643 143969030 122971227 16954861 4042942 20489515 24157532 0 0 4253300 2915253 13550990 12744902 0 0 0 0 0 0 352183 378312 5386185 5726846 201311872 76383085 121720819 124928787 42634580 49627560 7026899 7547954 0 0 0 0 0 0 215414471 228027146 11487763 11837110 4038650 4038650 12521911 12591275 67174001 66109863 0 0 0 0 0 0 0 0 3960858 3024290 99183183 97601188 X 72616795 82756929 15475020 18359565 28139473 29309464 116231288 130425958 215414471 228027146 X 6437935 7756735 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 119650 0 0 X X 0 38399191 1427081 8167127 1265276 448905 0 46279218 37133249 720542 2858372 1615418 697554 0 38399191 50032269 453818 -10447830 2189729 715279 0 37133249 0.09 0.62 0.29 0 0 0 4158755 4158755 0 101916536 21448658 80467878 0 55171581 24910848 30260733 0 40065000 30023579 10041421 0 0 0 0 124928787 4869798 F 2678156 F 7547954 0 Accounts held for others 947457 Asset retirement obligation 2016125 Capital lease obligation 60708 3024290 150406965 143969030 6437935 7756735 0 0 0 0 7756735 14194670 115692482 7756735 0 0 194098 7950833 107741649 245705 42419611 42665316 150406965 101114574 0 0 0 0 0 101114574 245705 42608751 42854456 143969030 SchD_P03_S00_L04 Schedule D, Part III, Line 4 Art work was donated in 1978. Works are on display to the public in various locations on the main campus and are preserved for future use. SchD_P05_S00_L04 Schedule D, Part V, Line 4 The College's endowment consists of approximately 450 individual funds established for a variety of purposes, including scholarship support for individual students, specified expense support for academic pusposes and individual projects. The endowment includes both donor-restricted endowment funds and funds designated by the Board of Trustees to function as endowments. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Tornado related expenses (189,140) net against revenue, and loss on disposal of building (383,238). SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Financial aid to students SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Financial aid to students (42,419,611), tornado related expenses (189,140) 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 The College publishes its policy of nondiscrimination on the basis on race, color, sex, religion, national origin, or handicap in all internal and external publications, catalogues, brochures, etc. SchE_P01_S00_L06 Schedule E, Part I, Line 6 The College and its students participate in the following federally funded programs: Federal Pell Grant, Federal Perkins Loan, Federal Supplemental Educational Opportunity Grant, Federal Work Study and Federal Family Educational (Stafford) Loans. Additionally, the students participate in various state award loan programs. Central America and the Caribbean 0 0 Investments Investment in diversified fund of hedge funds. Book value at June 30, 2011 - $3,349,414. 0 0 0 0 0 0 0 0 0 1 Financial aid toward tuition, room and board. 5764 42419611 0 cash value SchI_P01_S00_L02 Schedule I, Part I, Line 2 The College offers financial aid to assist students on the basis of full-time enrollment. Factors influencing the amount and type of aid awarded include financial need, academic achievement, leadership and other personal qualitative attributes. The Free Application for Federal Student Aid, which helps to establish a student's financial need, serves as the application for financial aid. Files detailing grant and scholarship requirements and criteria are maintained and reviewed to ensure individual student eligibility before awards are made. The College does not discriminate on the basis of race, color, sex, age, national origin or handicap. X 1 1 X X X X 0 1 0 0 0 0 0 0 0 Richard B Flynn 332000 0 0 0 86335 0 18641 0 62799 0 499775 0 0 0 John L Mailhot 168204 0 0 0 2542 0 19296 0 0 0 190042 0 0 0 Jill Russell 147100 0 0 0 4863 0 16011 0 4123 0 172097 0 0 0 Jean A Wyld 175638 0 0 0 8509 0 20479 0 7416 0 212042 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a As approved by the Board of Trustees, housing is provided for the President of the College as a condition of employment to allow him to more effectively fulfill his duties. Housing provided is College owned and on the main campus. SchJ_P01_S00_L04 Schedule J, Part I, Line 4 The President participates in a 457(f) nonqualified deferred compensation plan. Mass HEFA Revenue Bonds 2003 042104329 2003-07-01 24250000 Construction of residence hall, redemption of bonds 0 0 0 Mass HEFA Revenue Bonds 2010 042104329 2010-01-20 50000000 Construction projects, redemption of bonds 0 0 0 7710000 0 26813806 1746657 0 8093986 234438 0 0 15772076 0 0 2003 0 1 1 1 6665000 0 50524337 4228188 0 6802620 325000 0 0 38668529 0 0 2010 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 X 33 de minimis X 1500 fair value X 35 589340 market value X Perform Better 1 2000 Actual value X Kitchen Table project 2 1600 face value X tickets 1 159 face value X Kitchen Table project 2 96 actual value 0 0 1 0 F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b Form 990 and all supporting schedules were presented to the Audit and Compliance Committee of the Board of Trustees for review and analysis prior to being filed. The committee was authorized to act on behalf of the full Board and reported to the Board the results of the review. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Conflict of Interest statements for Board members, officers and designated employees are completed annually and are reviewed by internal audit personnel. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The Board of Trustees reviews the President's overall compensation package in comparison to industry standards and peer institutions. Officers' and key employees' salaries are determined by the President within budget constraints established by the Board of Trustees. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Governing documents, conflict of interest policy and financial statements are available upon request. F990_P11_S00_L05 Form 990, Part XI, Line 5 Unrealized gains on investments