2011-02-01T09:07:15-08:00 2010-06-30 990 2009-07-01 810235407 Rocky Mountain College ROCK 4066571000 1511 Poly Drive Billings MT 59102 Carol A Jensen 2011-02-01 2009 2016-02-24 21:20:13Z 49622708 false false X www.rocky.edu X 1947 MT Rocky Mountain College educates future leaders through liberal arts and professional programs that cultivate critical thinking, creative expression, ethical decision making, informed citizenship, and professional excellence. 31 29 878 41 193359 -37621 4212112 4635494 20311697 21924351 -1745185 456643 166042 277257 22944666 27293745 7579839 8848268 0 11185864 11535383 1121 666161 7205315 7725736 25971018 28110508 -3026352 -816763 46969567 48023766 15117749 14712805 31851818 33310961 Rocky Mountain College educates future leaders through liberal arts and professional programs that cultivate critical thinking, creative expression, ethical decision making, informed citizenship, and professional excellence. false false 15956103 18778237 Instruction - Higher education program leading to a Baccalaureate Degree or Masters Degree in professional studies or liberal arts. Rocky Mountain College serves 700 to 1,000 students per semester. 3997696 Student Services - Dean of students administration, student activities, publications, career counseling, financial aid, registrar, admissions, student records (registrar), etc. 2813105 3120092 Auxiliary Services - student residence halls, dining, bookstore, summer camps, conferences 1641404 24408308 true true false false false false false true false true true true false true false true false false false true false false false true true false false false false false false false false true false false true true false false false true true false false true 1145 0 true 878 true true true false false false false true true true false false 0 false false false false false false false false 31 29 true false false false false false false true true false false false false true true true true true true false false false X Carol A Jensen CFO 4066571022 1511 Poly Drive Billings MT 59102 Wallace Stadtfeld 1.00 X 0 0 0 Thorm Forseth 1.00 X 0 0 0 Sam McDonald Jr 1.00 X 0 0 0 Ron Sovey 1.00 X 0 0 0 Ron C Tjaden 1.00 X 0 0 0 Rodney Svee 1.00 X 0 0 0 Rockwood Brown 1.00 X 0 0 0 Reverend Zane Buxton 1.00 X 0 0 0 Reverend Randall Hyvonen 1.00 X 0 0 0 Reverend Jan S Witman 1.00 X 0 0 0 Reverend David Burt 1.00 X 0 0 0 Randy Scott 1.00 X 0 0 0 Phyllis Roberts 1.00 X 0 0 0 Patricia Morledge 1.00 X 0 0 0 Nancy J Larsen 1.00 X 0 0 0 Michael R Mace 40.00 X 180665 0 8229 Mary Underriner 1.00 X 0 0 0 Lisa Browning 40.00 X 0 0 0 John T Jones 1.00 X 0 0 0 John Mowell 1.00 X 0 0 0 John Eisenhauer 1.00 X 0 0 0 James Almond 1.00 X 0 0 0 Harry Cuff 1.00 X 0 0 0 Dr Larry Campodonico 1.00 X 0 0 0 Don Bottrell 1.00 X 0 0 0 Delmar C Jones 1.00 X 0 0 0 David G Kimball 1.00 X 0 0 0 Chuck Tooley 1.00 X 0 0 0 Chris Dorr 1.00 X 0 0 0 Carol A Jensen 40.00 X 0 0 0 Carl Hansen 1.00 X 0 0 0 Captain Steve Smith 1.00 X 0 0 0 Brad Nason 40.00 X 0 0 0 Bob Dayton 1.00 X 0 0 0 Barb Skelton 5.00 X 0 0 0 Anthony Piltz 40.00 X 0 0 0 180665 8229 1 false true false Noel Levitz 2101 ACT Circle Iowa City IA 522459581 Consulting/Marketing 313551 Intermountain Equestrian Center 7256 Highway 3 Billings MT 59106 Horse Boarding 266418 High Tech Construction PO Box 30511 Billings MT 591071511 Construction 474081 CTA Architects Engineers PO Box 1439 Billings MT 591031439 Architectural Svcs 436636 Campus Management Corp 777 Yamato Road Boca Raton FL 33431 Software Provider 209717 7 268978 2170357 2196159 185482 4635494 Tuition & Fees 611600 18778237 18778237 Residence Halls 721000 1415647 1415647 MIscellaneous Income 900099 177671 177671 Community Services 900099 381660 381660 Cafeteria/Dining 722100 1102085 1102085 69051 69051 21924351 792971 792971 0 5173 5173 121759 24167 97592 97592 97592 21874501 22210829 -336328 -336328 -336328 67421 268978 93967 -26546 -26546 7679 7679 7679 0 Virginia City Theater 711110 142571 142571 Health Club 713940 50788 50788 193359 27293745 21897805 193359 567087 0 8848268 8848268 0 0 567245 297245 270000 0 8390234 7517831 462820 409583 309415 272784 23287 13344 1592804 806324 753793 32687 675685 577311 68740 29634 0 47025 47025 43893 43893 0 1121 1121 85312 85312 1007918 805978 197773 4167 148023 117450 16905 13668 1724279 1583750 12179 128350 285939 69727 210667 5545 0 896550 763316 132814 420 853763 786948 41497 25318 0 40860 30356 9949 555 554875 333066 221809 0 1407997 1407997 416789 197066 219534 189 Reallocate Indirect Costs 0 -151807 151807 Other 37126 36626 500 Memberships & Other Fees 141275 108072 31623 1580 Bad Debts 34112 34112 0 28110508 24408308 3036039 666161 X 0 2518565 389938 5970 0 281696 130143 0 0 805784 820047 0 468708 1147892 39611671 19113452 20709724 20498219 15697432 17712453 0 0 0 6481688 7325074 46969567 48023766 2342332 1912419 59161 66918 27000 9832610 10376305 2856646 2357163 15117749 14712805 X 7407842 7148302 5785945 6150754 18658031 20011905 31851818 33310961 46969567 48023766 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 88732 317633 25026 X true 15083955 402836 1685858 9000 2500 96385 17064764 18378741 243384 -3284970 185800 67400 15083955 0.05590 0.94410 false false false 288000 285137 573137 411131 27452294 12290533 15572892 1366207 557564 808643 9491269 6265355 3225914 189536 128097 317633 20498219 7325074 Student Deposits 474978 Rate Swap Liability 484000 Federal Perkins Student Loans 893705 Annuity Liabilities 504480 2357163 27293745 28110508 -816763 -816763 20831796 1887980 498339 2386319 18445477 8848268 8848268 27293745 19372654 110414 110414 19262240 8848268 8848268 28110508 Part XIII, Line 4b Part XIII, Line 4b: Other revenue amounts included on 990 but not included in F/S Scholarships and Grants $8848268 Part XIII, Line 2d Part XIII, Line 2d: Other expenses and losses per audited F/S Expenses in Part I - Rental $16446 Expenses in Part I - Special Events $93967 Rounding $1 Part XII, Line 4b Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Scholarships and Grants $8848268 Part XII, Line 2d Part XII, Line 2d: Other revenue amounts included in F/S but not included on form 990 Expenses in Part I - Rentals $16446 Expenses in Part I - Special Events $93967 Gain on Rate Swap Agreement $387926 Rounding $0 Part XI, Line 8 Part XI, Line 8: Other Changes in Net Assets or Fund Balances Loss on Rate Swap Agreement $ -0 Rounding $ -0 Part V, Line 4 Part V, Line 4: Intended uses of the endowment fund. Approximately two thirds of the value of the endowment funds is committed to support scholarships. The remaining endowment funds, including the modest board-designated funds, support the general operations of the college. Some of the income from these latter endowments is restricted for such things as building and grounds maintenance, library resources, specific academic programs and academic chairs. Part III, Line 4 Part III, Line 4: Description of organization's collections and how it furthers its purpose. The college's collections of art are held for public exhibitions and education. true true true Rocky Mountain College catalog - page 9 "Selection is made without regard to race, color, gender, age, religion, national or ethnic origin, physical or mental disability, veteran status, sexual orientation or familial status." true true true true false false false false false false false false true false Rocky Mountain College received money from the federal Title IV program and is also receiving money from the federal Title III program. Financial aid funds are also received from the State of Montana. Other miscellaneous grants from federal and state governments are also received by Rocky Mountain College for education and research purposes. true Middle East and North Africa 0 0 Program Services Class trip - Religious Studies 24838 Europe 0 0 Program services Debate Team 20357 Central America 0 0 Program Services Class Trip - Environmental Studies 18702 0 0 63897 X X X X X X X false MT Black Tie/Blue Jeans 317622 257031 60591 69793 16886 Bear Bash Dinner 12742 9262 3480 1400 3097 1 6035 2685 3350 2791 336399 268978 67421 71193 22774 93967 -26546 true X 0 0 State Incentive/LEAP 110 146284 SMART Grants 13 48000 SEOG Grants 191 127560 RMC Grants 795 7438698 Institutional Scholarships & Grants Pell Grants 283 1040876 ACG Grant 60 46850 Grantmaker's Description of How Grants are Used Rocky Mountain College awards financial aid which comes from federal and state funds, endowment funds, donations, etc. The students are selected based on the individual fund requirements and is posted to their account as a reduction. If funds exceed tuition and fees, the student is given the extra funds for living expenses. X true true X X X X false false false false false false false false false false Michael R Mace 179820 845 6622 1607 188894 Sch J, Part I, Line 1a Part I, Line 1a: Relevant information in regards to selections on 1a. Dues are paid to a golf club and a social club. Approximately $1,000 was paid for these dues during the fiscal year. Barb Skelton Trustee 266418 Independent Contractor false X 5 104826 X 170 X 1 2500 Blue Book X 3 60478 X 1 504201 FMV Tech Equipment 1 4989 FMV Steinway Piano 5 25000 FMV false false true Part I, Line 32, Hire and Use of Third Parties The college uses appropriately certified professionals to sell non-cash gifts (such as stock) on behalf of the college. Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Governing documents, policies, and financial statements are made available upon request according to Federal and State law. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Compensation for the President of Rocky Mountain College was reviewed and approved by the Board of Trustees in 2009. Comparable information from CUPA-HR Admnistrative Compensation Survey and Chronicle of Higher Education are used to help determine the salary. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Annually, Trustees, officers and management employees complete a conflict of interest form listing any conflicts they may have. If Trustees have a conflict of interest, they are not allowed to vote on any issues that are related to their conflict of interest. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process Form 990 is provided to the audit committee electronically. The audit committee then meets with the financial staff for a question and answer session. Once approval is given through the audit committee, the return is filed. The approval is communicated to the full Board of Trustees and each Trustee may receive a copy of the return upon request. Form 990, Part VI, Line 2 Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et Barb Skelton (Trustee) and Rockwood Brown (Trustee) - Business RelationshipBarb Skelton (Trustee) and Mike Mace (President) - Business Relationship Form 990, Part III, Line 4d Form 990, Part III, Line 4d : Other Program Services Description OTHER PROGRAM SERVICES 4: Auxiliary Services - student residence halls, dining, bookstore, summer camps, conferences Rocky Mountain Technology Foundation 1511 Poly Drive Billings MT 59102 810532886 PROVIDE HEALTHCARE AND EDUCATION OPPORTUNITIES TO RURAL MT MT 501(c(3) 11a NA false false false false false false false false false false false false false false false false false true Rocky Mountain Technology Foundation r 8995