2026-03-23T17:53:22-05:00 2025-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2024-07-01 820200906 The College of Idaho Inc COLL 2084595222 2112 Cleveland Boulevard Caldwell ID 83605 Kyle Sales CFO 2084595222 2026-03-20 1 1 Kim Hunwardsen CPA P00484560 6122536500 2026-03-20 2024 2025-03-06 01:10:19Z Kyle Sales 2112 Cleveland Boulevard Caldwell ID 83605 104012618 0 X www.collegeofidaho.edu X 1893 ID Liberal arts college committed to excellence in academic instruction and scholarship. 30 27 747 134 1453 0 13599850 15339258 48043658 50110979 10882264 12434603 98677 72914 72624449 77957754 28329431 29150750 0 0 21138276 21860207 0 0 937182 20010390 20075129 69478097 71086086 3146352 6871668 189345276 193418681 32684745 31635482 156660531 161783199 X The College of Idaho, a private, residential liberal arts college, prepares students to lead productive and fulfilling lives. We are committed to an innovative, individualized curriculum in liberal arts and professional studies, to building community, and to exercising stewardship. 0 0 41452580 29150750 40003923 Higher Education - Instructional: Provided instruction to undergraduate and graduate students (1,085 Students). 11369974 1262107 Student Services: Student support services including but not limited to athletics, dean of students, admissions, financial aid services, and residence life. 6261126 8731766 Higher Education - Auxiliary: Provided room and board for residential students and only board for nonresidential students. 3495920 111730 Higher Education - Academic Support: Academic support for students including but not limited to library, art gallery, museum, academic dean, and institutional research. 3495920 111730 62579600 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 182 0 1 747 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 30 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 X Kyle Sales 2084595222 2112 Cleveland Boulevard Caldwell ID 83605 Jen Sampson Trustee Chair 2.00 2.00 X X 0 0 0 Megan Ronk Trustee Vice Chair 2.00 0.00 X X 0 0 0 Ken Wagers Trustee Secretary 2.00 1.00 X X 0 0 0 Ali Rabe Trustee 1.00 0.00 X 0 0 0 Amalka Samaraskera Trustee 1.00 0.00 X 1000 0 0 Andrea Cook Trustee 1.00 0.00 X 0 0 0 Beth Elroy Trustee 1.00 0.00 X 0 0 0 Buck Harris Trustee 1.00 1.00 X 0 0 0 Candy Dale Trustee 1.00 1.00 X 0 0 0 Coby Dennis Trustee 1.00 0.00 X 0 0 0 Dennis R Robertson Trustee 1.00 0.00 X 0 0 0 Don Stritzke Trustee 1.00 0.00 X 0 0 0 Doug Oppenheimer Trustee 1.00 0.00 X 0 0 0 Elaine Baylor Trustee 1.00 0.00 X 0 0 0 James Mertz Trustee 1.00 0.00 X 0 0 0 Jill Twedt Trustee 1.00 0.00 X 0 0 0 Karly Pippitt Trustee 1.00 0.00 X 0 0 0 Kate Fowler Trustee 1.00 0.00 X 0 0 0 Laura Arjona Trustee 1.00 0.00 X 0 0 0 Lorenzo Olvera Trustee 1.00 0.00 X 0 0 0 Mary Smith Trustee 1.00 0.00 X 0 0 0 Megan Multanen Trustee 1.00 0.00 X 0 0 0 Melinda Smyser Trustee 1.00 0.00 X 0 0 0 Michael Pearson Trustee 1.00 1.00 X 0 0 0 Pamela Decoste Trustee 1.00 0.00 X 0 0 0 Paula Kluksdal Trustee 1.00 0.00 X 0 0 0 Ray Marshall Trustee 1.00 0.00 X 0 0 0 Rick Williams Trustee 1.00 1.00 X 0 0 0 Scott Ferguson Trustee 1.00 0.00 X 0 0 0 Sue Weitz Trustee 1.00 0.00 X 0 0 0 David Douglass President 40.00 0.00 X 207172 0 40933 Douglas Brigham CEO 40.00 0.00 X 139822 0 37663 Kyle Sales CFO (From Aug' 24) 38.00 2.00 X 70196 0 12929 Brian Bava VP Enrollment Management 40.00 0.00 X 161041 0 36018 Paul Bennion VP for Student Affairs 40.00 0.00 X 139508 0 24690 Jack Cafferty VP for College Relations 40.00 0.00 X 150840 0 35424 Reagan Rossi VP Athletics 40.00 0.00 X 118001 0 8260 Latonia Haney Keith - Dean of GS & VP of Strategic Initiatives 40.00 0.00 X 185853 0 13010 Brandi Clark Controller 38.00 2.00 X 116118 0 20570 Keith Bower Director of IT 40.00 0.00 X 104904 0 28878 Kari Bernard Director of DMSC 40.00 0.00 X 144210 0 28012 Stephen Fisher Art Professor 40.00 0.00 X 103563 0 15249 James Everett President Emeritus 40.00 0.00 X 115973 0 25005 Richard Erne Until Jun' 24 Former VP Finance and Operations 38.00 2.00 X 128558 0 11267 1886759 0 337908 13 1 1 0 Compass Group 2400 Yorkmount Rd Charlotte NC 28217 Food Service Contractor 3762569 Swinerton Builders 2001 Clayton Rd 7th Flr Concord CA 94520 Commercial Construction 1093514 McAlvain Design Build Inc 5559 W Gowen Rd Boise ID 83709 Commercial Construction 1026136 Norcon Industries PO Box 61988 Phoenix AZ 85082 Commercial Construction 776169 Carnegie Dartlet LLC 210 Littleton Rd Ste 100 Westford MA 01886 Enrollment Services Provider 717421 18 1488660 1438560 724801 11687237 2623489 15339258 Tuition and Fees 611710 40003924 40003924 Room and Board 611710 8733218 8731765 1453 Athletics 611710 1044589 1044589 Other Student Services 611710 217518 217518 Academics 611710 111730 111730 50110979 1636938 1636938 36660209 25826294 36250 10833915 -36250 10797665 10797665 226125 1488660 180060 46065 46065 39109 12260 26849 26849 77957754 50109526 1453 12507517 29150750 29150750 1542527 231990 950212 360325 38138 38138 15357387 13704486 1290874 362027 719851 662823 45990 11038 3028748 2580622 352742 95384 1173556 974619 151921 47016 232795 232795 5462538 5144299 318239 391203 325904 65299 1486791 1344925 80474 61392 1221892 1146740 75152 2527762 2406032 121730 1906781 38338 1868443 3335522 2580033 755489 663716 55649 608067 Subscription and Librar 1347905 896748 451157 Repairs and Maintenance 1026264 960454 65810 Student Organizations 375188 375188 96772 96772 71086086 62579600 7569304 937182 7825311 3423024 3262755 2492747 53721 117525 89066 94442 284368 253074 135521757 56962979 77593019 78558778 94620077 92889987 5497523 15475277 8631 6927 110805 106900 189345276 193418681 4149301 3401268 209133 307896 26135697 25795162 600000 575000 560000 625000 1030614 931156 32684745 31635482 X 55908852 48957397 100751679 112825802 156660531 161783199 189345276 193418681 X 6871668 -1718094 -30906 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 125614956 4700981 13349664 8254831 286680 135124090 117737165 7777476 12435473 12091548 243610 125614956 111180504 9713721 10266387 13194047 229400 117737165 125768516 7366119 -15292864 6379618 281649 111180504 100736276 2324243 27901714 4948866 244851 125768516 0.11310 0.87750 0.00940 0 1 1 280000 4257641 4537641 113085511 45832543 67252968 14673744 8684392 5989352 3224861 2446044 778817 78558778 Real Estate 5388483 F Private Infrastructure 10086794 F 15475277 Post Retirement Insurance Obligation 88402 PV of Annuities Payable 842754 931156 X Part V, Line 4: To further the mission of the college through funding scholarships and other strategic initiatives. Part X, Line 2: The College believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The College would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The College of Idaho's non-discrimination policy is on its application for admission. Additionally, the policy is on the website. Schedule E, Part I, Line 6 The College receives student financial aid from the US Department of Education. These funds are awarded directly to students and applied toward their tuition and fees. Scholarship Gala 1382654 1257543 125111 0 23780 3500 33604 30086 6010 Steak Feed 315633 221853 93780 0 13434 18289 20636 6806 15839 1 16498 9264 7234 0 0 7509 567 0 0 1714785 1488660 226125 37214 29298 54807 36892 21849 180060 46065 39109 12260 1 0.91350 39109 12260 12260 26849 ID 1 0 1 0 0.50000 0.50000 Brandi Clark 2122 Cleveland Blvd Caldwell ID 83605 0 Brandi Clark 388 Administrative duties including completion of raffle application, raffle report and overseeing internal employees conducting raffles to ensure all information is accurate and reported as required. X 0 1 Unfunded Scholarships 1044 23173916 Funded Scholarships 541 5932987 Federal SEOG 171 43847 Part I, Line 2: The College of Idaho uses a combination of federal methodology and instructional policy to provide a uniform method to assess a family's financial strength and the student's academic performance to estimate the expected family contribution toward the student's cost of education. The cost of education includes tuition, fees, books, supplies, room, board, personal expenses and transportation allowance. X 0 0 X X 0 0 0 0 0 0 0 0 0 David Douglass President 207172 0 0 0 0 0 15225 0 25963 0 248360 0 0 0 Latonia Haney Keith - Dean of GS & VP of Strategic Initiatives 185853 0 0 0 0 0 13010 0 254 0 199117 0 0 0 Brian Bava VP Enrollment Management 161041 0 0 0 0 0 11900 0 24372 0 197313 0 0 0 Jack Cafferty VP for College Relations 150840 0 0 0 0 0 11107 0 24572 0 186519 0 0 0 Douglas Brigham CEO 139822 0 0 0 0 0 10605 0 27313 0 177740 0 0 0 Kari Bernard Director of DMSC 144185 0 0 0 25 0 10500 0 17763 0 172473 0 0 0 Paul Bennion VP for Student Affairs 139508 0 0 0 0 0 10056 0 14890 0 164454 0 0 0 Richard Erne Until Jun' 24 Former VP Finance and Operations 128558 0 0 0 0 0 7558 0 3846 0 139962 0 0 0 Part I, Line 1a The College President, David Douglass, is provided with a College owned residence as part of his employment. The housing does not constitute a taxable benefit because it meets the applicable IRS requirements: it is furnished for the convenience of the College, located on the College's business premises, and required as a condition of employment. A Idaho Housing and Finance Association 820302333 45129GLJ2 2023-11-01 26625670 Refund bonds issued in 2016 and capital improvements. 0 0 0 A 370000 27101110 1996533 514975 6660586 17291300 176284 2025 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 0 0 0 0 0 1 A 1 Schedule K, Part II, Line 3: Total proceeds of issue includes interest earned during the construction phase of $475,440. Schedule K, Part II, Line 4: Gross proceeds held in reserve funds includes interest earned of $14,008. Substantial Contributor Substantial Contributor To partially fund the construction of a student housing complex X 100000 100000 0 1 1 Shauna Williams Spouse of Board Member To partially fund the construction of a student housing complex X 25000 25000 0 1 1 James Mertz Board Member To partially fund the construction of a student housing complex X 25000 25000 0 1 1 Kyle Sales Board Member To partially fund the construction of a student housing complex X 25000 25000 0 1 1 Substantial Contributor Substantial Contributor To partially fund the construction of a student housing complex X 100000 100000 0 1 1 Substantial Contributor Substantial Contributor To partially fund the construction of a student housing complex X 200000 200000 0 1 1 Substantial Contributor Substantial Contributor To partially fund the construction of a student housing complex X 25000 25000 0 1 1 Substantial Contributor Substantial Contributor To partially fund the construction of a student housing complex X 50000 50000 0 1 1 Substantial Contributor Substantial Contributor To partially fund the construction of a student housing complex X 25000 25000 0 1 1 575000 Schedule L, Part II, Loans To and From Interested Persons: During the tax year, the organization had loans outstanding from interested persons. The loans were evidenced by written agreements, bear interest at or below market rates, and have commercially reasonable repayment terms. Interest expense was properly recorded during the year. The transactions were reviewed and approved by the board of directors in accordance with the organization's conflict of interest policy. X 14 1323489 FMV X 1 1300000 FMV 0 0 1 1 Part I, Column (b): Column (b) represents the number of contributions received during the year. Part I, Line 32b: Real estate agents are used to sell property gifts received. Form 990, Part VI, Section A, line 1a The Board of Trustees delegates authority to the Governance Committee to act on behalf of the full board only in limited emergency circumstances. Any such authority so exercised by the Governance Committee is subject to the approval and ratification of the full Board at the next regular or special meeting of the full Board. The Committee is composed of between 10 and 14 members, all of whom also serve on the Organizaton's Board of Trustees. The Chairperson of the Board of Trustees serves as Chairperson of the Governance Committee. Form 990, Part VI, Section B, line 11b An electronic copy of the 990 is made available to the Governance Committee and board members on the College's secure portal prior to the 990 being filed. Form 990, Part VI, Section B, line 12c Officers, trustees and key employees receive a conflict of interest questionnaire annually. The questionnaire is reviewed by the CFO and if an issue arises that would constitute a conflict of interest, the issue is reviewed with the appropriate body i.e. Human Resources, Audit Committee, Governance Committee, Board Chair. No Trustee shall vote on any matter under consideration at a Board or committee meeting in which such Trustee has a conflict of interest. Trustee conflict of interest issues are also reflected in the notes to the financial statements. Form 990, Part VI, Section B, line 15 Compensation for officers and key employees is determined by the use of market surveys and college and university comparable surveys to determine initial compensation. Recommendations are given to the governance committee for review. After initial compensation packages have been established, annual raises are generated through the budget process which is approved by the finance committee and the board. Bonuses or any other significant promotions or adjustments to compensation are approved through the governance committee and/or board. Form 990, Part VI, Section C, line 19 Governing documents and financial statements are available upon request. The conflict of interest policy is included in the staff handbook which is on the College's website. Form 990, Part XI, line 9: Change in present value of charitable trusts -30,906. College of Idaho 2nd Century Trust Fund A 2112 Cleveland Blvd Caldwell ID 83605 943115589 Trust ID 501(c)(3) Line 12b, II The College of Idaho 1 College of Idaho 2nd Century Trust Fund B 2112 Cleveland Blvd Caldwell ID 83605 826069279 Trust ID 501(c)(3) Line 12b, II The College of Idaho 1 EA Paddock Scholarship Trust 2112 Cleveland Blvd Caldwell ID 83605 826003514 Investment Management ID 501(c)(3) PF The College of Idaho 1 Charitable Remainder Trust (1) Investment Management ID N/A T 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 College of Idaho 2nd Century Trust Fund A C 624828 General ledger College of Idaho 2nd Century Trust Fund B C 813732 General ledger