2011-05-16T16:09:21-05:00 2010-06-30 Moss Adams LLP 3121 West March Lane Suite 100 Stockton CA 952192303 990 2009-07-01 951911219 Harvey Mudd College HARV 9096218043 301 Platt Boulevard Claremont CA 91711 Mia Alonzo 9096218043 2011-05-13 1 TRACY S PAGLIA 2099556100 2009 2016-02-24 21:20:13Z Maria Klawe 301 Platt Boulevard Claremont CA 91711 151572044 0 X www.hmc.edu X 1955 CA HMC is one of the premier math, science and engineering liberal arts colleges in the nation. 35 33 1009 299 -10525 0 42253030 10138496 39518893 41698012 -4390091 4434754 87124 69520 77468956 56340782 11222820 12430962 0 27684974 28620745 0 2036851 20299982 20286885 59207776 61338592 18261180 -4997810 313407403 326679708 19267955 19398127 294139448 307281581 Harvey Mudd College seeks to educate engineers, scientists and mathematicians well-versed in all of these areas and in the humanities and social sciences so that they may assume leadership in their fields with a clear understanding of the impact of their work on society. 0 0 52789135 12430962 41698012 All program services relate to undergraduate education, full time equivalent enrollment of 700+ students. 52789135 1 1 0 0 0 0 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 1 1280 0 1 1009 1 1 1 0 0 0 0 0 0 0 0 35 33 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X Mia Alonzo 9096218043 150 E 8th St Suite A Claremont CA 91711 Maria M Klawe 40.00 X X 392112 0 88245 William A Mingst 1.00 X X 0 0 0 R Michael Shanahan 1.00 X X 0 0 0 Walter A Foley 1.00 X 0 0 0 Jude P Laspa 1.00 X X 0 0 0 David A Baylor 1.00 X 0 0 0 John M Benediktsson 1.00 X 0 0 0 Michael W Blasgen 1.00 X 0 0 0 Robert S De Pietro 1.00 X 0 0 0 Howard C Deshong III 1.00 X 0 0 0 Wayne A Drinkward 1.00 X 0 0 0 Raymond E Grainger 1.00 X 0 0 0 J Dale Harvey 1.00 X 0 0 0 Dylan Hixon 1.00 X 0 0 0 Richmond J Hoch 1.00 X 0 0 0 Jennifer Holladay 1.00 X 0 0 0 Edward E Johnson 1.00 X 0 0 0 Anne F Kroeker 1.00 X 0 0 0 Katy Kuey Wong 1.00 X 0 0 0 Edward A Landry 1.00 X 0 0 0 Andrea J Leebron-Clay 1.00 X 0 0 0 Malcolm Lewis 1.00 X 0 0 0 Clifford A Miller 1.00 X 0 0 0 Barbara A Patocka 1.00 X 0 0 0 Frederick H Pickel 1.00 X 0 0 0 Gary U Rolle 1.00 X 0 0 0 Norman F Sprague III 1.00 X 0 0 0 William P Wiesmann MD 1.00 X 0 0 0 Bruce W Worster 1.00 X 0 0 0 Deborah Byron 1.00 X 0 0 0 Ken Jonsson 1.00 X 0 0 0 Jennifer M Lindsay 1.00 X 0 0 0 Neil Chriss 1.00 X 0 0 0 Frederick B Sontag 1.00 X 0 0 0 Michael G Wilson 1.00 X 0 0 0 Andrew Dorantes 40.00 X 223068 0 57037 Robert Cave 40.00 X 194055 0 52886 Thyra Briggs 40.00 X 188329 0 29034 Marc Archambault 40.00 X 212336 0 32946 Karen Angemi 40.00 X 77184 0 18760 Mia Alonzo 40.00 X 0 109726 20273 Ziyad Duron 40.00 X 174892 0 46363 Robert Keller 40.00 X 167624 0 25408 Nicholas Pippenger 40.00 X 166884 0 26081 Gerald Van Hecke 40.00 X 170384 0 25261 Lisette dePillis 40.00 X 168411 0 40942 2135279 109726 463236 66 0 1 0 Sodexho 1916 Galerita Dr Rancho Palos Verde CA 90275 Food Service 1641434 Boora Architects Inc 720 SW Washington Ste 800 Portland OR 97205 Architect 619591 Sirius Mechanical Inc 11824 Graham St Moreno Valley CA 92557 Construction 595000 Eric & Co Inc 12785 Canter Ct Rancho Cucamonga CA 91739 Painting 244158 Cambridge Associates LLC PO Box 10317 Uniondale NY 11555 Investment Management 137953 6 880753 9257743 2986085 10138496 Tuition, Room & Board 611600 37508051 37508051 Fed Grants & Contracts 611600 2519567 2519567 Private Contracts 611600 792925 792925 Auxiliary Enterprise 611600 674775 674775 Other departments reve 900099 202694 202694 41698012 4555302 -10525 4565827 49229 49229 24291 4000 20291 20291 20291 90863124 4243590 91422038 3805224 -558914 438366 -120548 -120548 56340782 41698012 -10525 4514799 12430962 12430962 1583750 669869 484449 429432 216311 216311 20078783 17453640 1768541 856602 2351289 1961416 282022 107851 2917054 2444268 321582 151204 1473558 1198216 191869 83473 117272 79853 37419 141215 107133 34082 995762 31419 964343 1038123 736570 298616 2937 581268 281004 146304 153960 3289181 2933346 233815 122020 343980 343900 80 1692781 1635132 42613 15036 938270 864502 26593 47175 269800 147430 118793 3577 284867 281436 3431 4291844 3367310 921453 3081 2322659 2269966 52693 144159 67 144092 Building repair 1318059 1206372 102767 8920 Noncapital equipment 927045 814690 109530 2825 Subscribed services 689579 616350 58431 14798 Food and housing 393753 364899 17661 11193 Grant subcontracting 73645 73645 433623 259429 151427 22767 61338592 52789135 6512606 2036851 397268 230925 26855407 19209162 27145933 25892597 606994 719024 76730 20000 15000 280541 264420 658312 804772 101118595 39129080 60977288 61989515 177757925 184793821 15043114 28778064 3336674 3700478 256217 276930 313407403 326679708 3232092 4172808 579390 480857 4986925 3863130 17193 13064 10452355 10868268 19267955 19398127 X 97278004 101616149 97443739 105811255 99417705 99854177 294139448 307281581 313407403 326679708 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 197525486 1029919 22301528 2430126 9256190 209170617 250875182 955180 -43170677 2297036 8837163 197525486 0.20530 0.45900 0.33570 1 0 11624712 11624712 2177500 74192971 29913814 46456657 7770414 6525514 1244900 5352998 2689752 2663246 61989515 Other Fixed Income 1356191 F Limited Partnerships 24902619 F Other Assets 2519254 F 28778064 Annuities Payable 5062147 Liability for Staff Retirement Plan 1328879 Funds Held in Trust for Others 319144 Government Advances/Student Loans 3034046 Asset Retirement Obligation 1124052 10868268 56340782 61338592 -4997810 18379135 -239192 18139943 13142133 61334607 18379135 18379135 42955472 954348 12430962 13385310 56340782 48192474 316165 316165 47876309 954348 12507935 13462283 61338592 Part V, Line 4: Description of Intended Use of Endowment Funds: Permanent endowments are subject to the restrictions of gift instruments requiring in perpetuity that the principal be invested and the income only be utilized as provided under the California Uniform Prudent Management of Institutional Funds Act (UPMIFA). While funds have been established by the Board of Trustees to function as endowment, any portion of such funds may be expended. Part X: Description of Uncertain Tax Positions Under FIN 48: In accordance with generally accepted accounting principles, the College had no unrecognized tax benefits at June 30, 2010 and 2009. Part XI, Line 8 - Other Adjustments: Actuarial Adjustment: 76973. Other Comprehensive Pension Expense: -316165. Part XII, Line 4b - Other Adjustments: Student Financial Aid: 12430962. Part XIII, Line 2d - Other Adjustments: Other Comprehensive Pension Expenses: 316165. Part XIII, Line 4b - Other Adjustments: Student Financial Aid: 12430962. Actuarial Adjustment: 76973. 1 1 1 The racial nondiscrimination policy is stated in brochures, the college cataglog, and is available on the college website. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 Harvey Mudd College participates in the Pell grant, Supplemental Eductional Opportunity Grant, College Work-Study, and Perkins Loan programs. 1 East Asia and the Pacific 0 0 Program Service Education Instruction 84102 East Asia and the Pacific 0 0 Program Service Educational Research 157597 0 0 241699 1 Student Financial Aid 663 12430962 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: The use of grant funds is monitored through student financial aid and billing process. X X X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 Maria M Klawe 384118 0 0 0 7994 0 46800 0 41445 0 480357 0 0 0 Andrew Dorantes 214814 0 0 0 8254 0 27203 0 29834 0 280105 0 0 0 Robert Cave 188111 0 0 0 5944 0 24000 0 28886 0 246941 0 0 0 Thyra Briggs 173188 0 0 0 15141 0 21158 0 7876 0 217363 0 0 0 Marc Archambault 200385 0 0 0 11951 0 24785 0 8161 0 245282 0 0 0 Ziyad Duron 168779 0 0 0 6113 0 17891 0 28472 0 221255 0 0 0 Robert Keller 148926 0 0 0 18698 0 20465 0 4943 0 193032 0 0 0 Nicholas Pippenger 163943 0 0 0 2941 0 20379 0 5702 0 192965 0 0 0 Gerald Van Hecke 154027 0 0 0 16357 0 20493 0 4768 0 195645 0 0 0 Lisette dePillis 127144 0 0 0 41267 0 20509 0 20433 0 209353 0 0 0 Part I, Line 1a Part I, Line 1a: - Travel for companions - With prior approval from the Chairman of the Board of Trustees, the Institution paid for bona fide business related travel expenses for the President's spouse, who is also an employee of the institution. - Housing allowance or residence for personal use - The institution provides lodging for the President and family in institution owned property for the convenience of the employer. The institution provides housing down payment assistance to new faculty and senior staff members. - Health or social club dues or initiation fees - The institution pays monthly dues for approved Cabinet members at selected clubs for the sole purpose of conducting institutional business at these locations, no personal social activities are reimbursed. - Personal services - The institution provides cleaning services to the President's house as maintenance of a campus-owned building, which is used for institutional events as well as being the personal residence of the President and family. The institution also pays for phone and cable service to this campus building. The only item above that is included in taxable compensation is the housing down payment assistance to new faculty and senior staff members. Part I, Line 4a - President Klawe participated in a nonqualified deferred compensation plan under section 457(f) during the year. As of December 31, 2007, 2008, 2009 and 2010, and as of June 30 2011 ("valuation date"), if the President is still employed by the College, the College credits to the President's Supplemental Retirement Account an amount equal to 12% of the President's base salary for the period beginning with the immediately preceding January 1 and ending on such valuation date which exceeds the dollar amount specified by section 401(a)(17) of the Internal Revenue Code. The balance accumulates until the President becomes fully vested. Vesting occurs upon the earliest of the following conditions: if the President is still employed by the College on June 30, 2011, termination due to death, permanent disability, or termination without cause. If the President terminates her employment prior to becoming fully vested, all amounts payable in the Supplemental Retirement Account is forfeited. No amounts were paid during the current year. California Educational Facilities Authority 521705592 130175F31 2003-07-24 7171498 See Schedule O 1 0 6937824 161000 1386568 2005 0 1 1 1 0 0 0 0 0 0.00000 0.02240 0.02240 1 0 0 0 0 0 0 Marc Archambault X 20000 20000 0 1 1 20000 X 23 241103 FMV X Travel exp. 2 1034 Purchase price X Equipment 1 6095 FMV X Supplies 11 5005 Purchase price 1 0 1 1 Third Party Use: Part I, Line 32b: A third party broker is used in the sale of marketable securities. Form 990, Part VI, Section A, line 2 William A. Mingst and Norman F. Sprague, III have a family relationship. Form 990, Part VI, Section B, line 11 HMC utilizes a process for review of the IRS Form 990 Return of Organization Exempt from Income Tax that involves multiple layers of management as well as governing board members. HMC has engaged an outside accounting firm to prepare the 990 using information provided by the Office of Financial Services, the Office of Human Resources, and the Business Affairs Office (BAO), and changes are made as needed. Once a revised draft is available, it is reviewed by the Controller, Assistant VP for BAO, Senior Director of Finance and Budget and the Vice President for Administration and Finance/Treasurer. After this review and any resulting changes are complete, the revised draft is provided to members of the HMC Audit Committee for questions and comments. Once questions and comments from the Audit Committee are fielded and issues resolved, the Audit Committee accepts the 990 and the 990 is provided to all voting members of the Board of Trustees prior to filing. Form 990, Part VI, Section B, line 12c Conflict of Interest Policy Compliance: STAFF: College employees who are directly or indirectly involved in purchasing or other financial transactions involving the College are required, on an annual basis, to complete and submit a Conflict of Interest Staff Disclosure Form for his or her supervisor's review. On an annual basis, Supervisors: - review the policies related to Conflict of Interest and specifically Purchasing and Contracts, Gifts and Gratuities, Employment of Relatives, and Consulting and Outside Activities with all staff who report to them; - obtain and review disclosure forms from those who are required to complete them for possible conflicts; - review forms for completeness and, where necessary, take any follow up action that is appropriate. If there is a conflict of interest or the appearance of one, the supervisor reviews the disclosure form with the staff member and/or refers the situation to the appropriate Cabinet Member. If the situation warrants, the Cabinet Member will confer with the Human Resources Office. OFFICERS/BOARD of TRUSTEES: Each trustee and officer annually completes and executes a Declaration, which affirms that such person has received a copy of the Conflict of Interest Policy, has read and understands the Policy, and has agreed to comply with the Policy. Annual Declarations are submitted to the Secretary of the Board of Trustees, who compiles the data and reports the results to the Board Executive Committee. A trustee or officer discloses through the Declaration form the existence of any financial or other interest, which could give rise to a conflict of interest. Disclosures of actual or potential conflicts of interest made by any trustee are referred to the Board Executive Committee (Committee). Any action taken by the Committee regarding conflicts of interest requires approval by the Board of Trustees. Disclosure of actual or potential conflicts of interest by any officer (who is not a trustee) is delegated to the President of the College, who reviews the final determination with the Chair of the Board of Trustees before any action is taken. Form 990, Part VI, Section B, line 15 The Trustee Compensation Committee utilizes benchmark salary data from comparable higher education institution groups for the executive management positions of President, Vice Presidents, and Chief Information Officer. Compensation data is gathered of peer group institutions, which is available from subscribed survey data sources. The salary medians of the comparable education institution groups will inform the committee and be used as guides. The committee will also review salary in relation to local and national inflation measures, individual performance, as evidenced by the annual written performance evaluations, and the individual's length of service in the position. Detailed analyzed data is presented to the committee for reveiw and discussion. After review and discussion of report results, performance evaluations, and any requested additional clarification, the committee, in executive session with the President and Board Secretary, determines salary increases for Vice Presidents and others. The Board Secretary is excused and the committee determines the Board Secretary's salary increase. The President is excused from the meeting and the committee determines the President's salary increase. Minutes of the committee and the analyses are kept in confidentiality limited to the committee, President, Board Secretary, Vice President for Administration and Finance/Treasurer, and Director of Human Resources. The Director of Human Resources retains the minutes analyses as documentation of the process. The committee presents its report on the President's salary increase to the Board of Trustees during the May board meeting. The same process is used to determine compensation of the officers or key employees and disqualified persons. Form 990, Part VI, Section C, line 19 Form 990, Part VI, Section C, Line 19: - Financial statements are available upon request. - Conflict of interest policy is available to the public upon request. - Governing documents are not made available to the public. Schedule K Supplental Information Part I, column (f): For the purpose of (i) financing the acquisitions, construction, improvement, renovation and equipping of certain educational facilities, (ii) providing funds to refund a prior bond, (iii) funding capitalized interest on the bonds, and (iv) paying costs incurred in connection with the issuance of the bonds. Claremont University Consortium 150 E 8th Street Claremont CA 91711 954786748 Provide academic and business services CA 501(c)(3) 11a N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0