2024-05-07T10:19:33-05:00 2023-06-30 010523282 Berry Dunn McNeil & Parker LLC 2211 Congress St Portland ME 04102 990 2022-07-01 010212542 Trustees of Saint Joseph's College Saint Joseph's College of Maine TRUS 2078926766 278 Whites Bridge Road Standish ME 040845263 Jonathan Greven Sr. VP of Finance & Admin/CFO 2078926766 2024-05-06 1 Jonathan Greven 999009999 1 Joseph R Byrne P01289281 2077752387 2024-05-06 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Jonathan Greven 278 Whites Bridge Road Standish ME 040845263 52895094 0 X www.sjcme.edu X 1955 ME Higher education institution offering liberal arts education on a full and part time basis to male and female students. The Institution also offers an on-line education program for bachelors and masters degrees through home study. 18 18 912 957 587429 0 6083021 2722150 46014107 44770730 1269412 537005 -172 43592 53366368 48073477 18023033 17420093 0 0 18893378 19326047 0 0 550519 14251899 14785883 51168310 51532023 2198058 -3458546 66804633 64309387 17779695 17601024 49024938 46708363 X Saint Joseph's College of Maine, sponsored by the Sisters of Mercy and animated by the vision of Catherine McAuley, is a Catholic college in the liberal arts tradition distinguished by its welcoming community. We foster an ongoing dialogue between faith and reason so as to prepare our learners to live meaningful lives that improve the world around them. 0 0 43591830 17420093 39439922 Higher education institute offering small classes with an up-close and personal learning environment.- More than 40 majors, minors, and partnership programs- Classes of just six students are not unusual- Average class size of 13 students- Student Faculty ratio 14:1- First-year students meet with a faculty mentor- Professors will get to know you and inspire you 4788148 5330808 On-line education, offered through the Division of Graduate & Professional Studies includes:-Master's Degrees-Bachelor's Degrees-Associate Degrees-Certificate Programs-Continuing Education Courses 48379978 1 1 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 2338 0 1 912 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X Karen Shea 2078937733 278 Whites Bridge Road Standish ME 04084 Dr James S Dlugos Past President 50.00 0.00 X X 334716 0 37335 Jeffrey Moody Chair 2.00 0.00 X X 0 0 0 Carl Howell Vice Chair of Board 2.00 0.00 X X 0 0 0 Sr Ellen Turner Secretary 2.00 0.00 X X 0 0 0 Dr Jeanne Arnold Trustee 2.00 0.00 X 0 0 0 Craig Becker Trustee 2.00 0.00 X 0 0 0 Dr Todd M Hamilton OD Trustee 2.00 0.00 X 0 0 0 Sr Dale Jarvis RSM Trustee 2.00 0.00 X 0 0 0 Sr Carol LeTourneau Trustee 2.00 0.00 X 0 0 0 Christine Maguire Trustee 2.00 0.00 X 0 0 0 Kenneth Marono Trustee 2.00 0.00 X 0 0 0 Sr Mary McCarthy RSM Trustee 2.00 0.00 X 0 0 0 Sr Mary Morey RSM Trustee 2.00 0.00 X 0 0 0 Michael J Mulhare Trustee 2.00 0.00 X 0 0 0 Gregg Skinner Trustee 2.00 0.00 X 0 0 0 Dr Carol Stobeck ED D Trustee 2.00 0.00 X 0 0 0 John Straub Trustee 2.00 0.00 X 0 0 0 Frederick Yochum Trustee 2.00 0.00 X 0 0 0 Robert Zilg Trustee 2.00 0.00 X 0 0 0 James Geraghty Past Trustee 2.00 0.00 X 0 0 0 Andrew Kovach Past Trustee 2.00 0.00 X 0 0 0 Ronald Phillips Past Trustee 2.00 0.00 X 0 0 0 Dr Colonel Jaime Solis Past Trustee 2.00 0.00 X 0 0 0 Frances Wiesen VP Student Life 50.00 0.00 X 117650 0 15391 Karen Shea Interim CFO/Controller 50.00 0.00 X 122231 0 3165 Christopher Fuller VP/Chief Spons. & Mis. Int. Officer 50.00 0.00 X 100993 0 38332 Jonathan Greven Sr. VP of Finance & Admin/CFO 50.00 0.00 X 26469 0 3944 Monique Larocque SVP Learning 50.00 0.00 X 97015 0 3365 Dale Brooker Assoc Dean Academics 50.00 0.00 X 105024 0 15896 Cortland Stiles Jr AVP & CIO 50.00 0.00 X 106969 0 32156 Elizabeth Schran Sr Director IA 50.00 0.00 X 111049 0 4758 Kelly Hudock Chair Nursing 50.00 0.00 X 118926 0 14277 Oliver Griswold AVP/Chief Brand & Marketing Officer 50.00 0.00 X 103343 0 35336 1344385 0 203955 10 0 1 0 EAB Global Inc PO Box 603519 Charlotte NC 282603519 Advertising 179031 Allied Cook PO Box 1396 Portland ME 04104 Construction 153400 Performance Food Service PO Box 2628 Dalton Road Augusta ME 043302628 Food Service 146174 Collegiate Enterprise Solutions LLC 3 Centennial Dre Suite 320 Peabody MA 01960 Temporary Executive 127210 Creative Equity PO Box 1703 Portland ME 04104 Building Maintenance 117208 20 25823 1091965 1604362 5638 2722150 Tuition and Fees 611710 35051928 35051928 Residence & Dining 721310 7396261 7396261 Miscellaneous Revenue 900099 1735112 1735112 Sports & Recreation 713940 587429 587429 44770730 392983 392983 4359331 568906 4380190 404025 -20859 164881 144022 144022 80994 25823 37402 43592 43592 48073477 42448189 587429 2315709 17420093 17420093 1168515 1168515 15285257 13758728 1221223 305306 170981 153753 13782 3446 1591230 1432055 127340 31835 1110064 1005999 83252 20813 58159 58159 69885 69885 89710 89710 1778237 1600413 142259 35565 2412477 2171229 192998 48250 496714 447043 39737 9934 1193862 1193862 1642874 1490143 132457 20274 423915 381524 33913 8478 575108 517597 46009 11502 2755824 2480242 220466 55116 435425 413654 21771 Miscellaneous Expenses 1203536 1105288 98248 Food Services 1070126 1070126 Bad Debt Expense 373690 373690 Membership & Dues 206341 196024 10317 51532023 48379978 2601526 550519 X 78725 28303 4651645 2172053 1169469 122718 511683 701627 1113510 871651 47446 60743 1515653 1572461 82616450 42185275 40186511 40431175 14925604 15324786 0 253153 2604387 2770717 66804633 64309387 1843693 2936978 1372635 1208070 13694014 12336222 82353 0 787000 1119754 17779695 17601024 X 30867017 27282609 18157921 19425754 49024938 46708363 66804633 64309387 X -3458546 1139494 2477 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 1 0 0.00 0 15523566 1807080 1417789 748930 1516667 16482838 18502834 146890 -2199185 387963 539010 15523566 14862933 137430 4061487 347727 211289 18502834 14133744 376258 807911 343138 111842 14862933 11550411 2251351 922661 421945 168734 14133744 0.13836 0.42721 0.43443 0 0 971324 971324 56949131 29194844 27754287 10423597 4327005 6096592 11200187 8663426 2536761 3072211 3072211 40431175 Advances from Federal Government for Student Loans 810973 Operating Lease Liability 261101 Finance Lease Liability 47680 1119754 X 31743047 1139494 39879 1179373 30563674 89710 17420093 17509803 48073477 34059622 37402 37402 34022220 89710 17420093 17509803 51532023 Part II, Line 9: The conservation easement was part of the land purchase. The value is included at historical cost for the purchase. Part V, Line 4: The intended use of the endowment funds is to support the operational budget's student aid. 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 benefit is estimated based on a "cumulative probability assessment" that aggregates the estimated tax liability for all uncertain tax positions. The College has identified its tax status as a tax-exempt entity and its determination of which activities are related and unrelated as its only significant tax positions; however, the College has determined that such tax positions do not 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. Part XI, Line 2d - Other Adjustments: Fundraising Event Expenses 37,402. Change in Value of Split-Interest Agreement 2,477. Part XI, Line 4b - Other Adjustments: Financial Aid 17,420,093. Part XII, Line 2d - Other Adjustments: Fundraising Event Expenses 37,402. Part XII, Line 4b - Other Adjustments: Financial Aid 17,420,093. 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 nondiscriminatory policy is published through an active recruitment program. Bulletins and employment advertisements also include such policies. Schedule E, Part I, Line 6 The College received $1,659,780 in government financial aid. Hot Stove Auction 34162 5840 28322 1235 Golf Classic 46405 19983 26422 9110 3360 2780 2 26250 26250 8896 5447 1500 5074 106817 25823 80994 18006 10042 1500 7854 37402 43592 1 Federal 261 1320295 FMV Financial Aid Assistance State 143 339485 FMV Financial Aid Assistance College Merit-Based 644 12294420 FMV Financial Aid Assistance College Need-Based 378 1896929 FMV Financial Aid Assistance Tuition Exchange 7 117157 FMV Financial Aid Assistance Family Discounts 20 37420 FMV Financial Aid Assistance Donor Restricted 139 1354387 FMV Financial Aid Assistance Part I, Line 2: Regarding grants and assistance to students in the U.S.: the College determines the students' eligibility prior to releasing the grant, and then monitors their enrollment status and satisfactory academic progress. X 1 1 X X X 0 0 0 0 0 0 0 0 0 Dr James S Dlugos Past President 277740 0 0 0 56976 0 13750 0 23585 0 372051 0 0 0 Part I, Line 1a The College provided a taxable housing allowance and automobile allowance benefits to Dr. James S. Dlugos, President, in the amount of $37,776 and $19,200, respectively. A Maine Health & Higher Education Facilities Authorities - 2017A 010314384 56042RLG5 2017-06-27 44473721 Bond Refinance 2007A 0 0 1 B Maine Health & Higher Education Facilities Authorities - 2013A 010315384 560427WV4 2013-05-23 70834003 Bond Refinance 2003A and 2003B 0 0 1 C Maine Health & Higher Education Facilities Authorities - 2020A 010314384 56042RXR8 2020-06-30 24443019 Bond refinance 2010B 0 0 1 D Maine Health & Higher Education Facilities Authorities - 2020B 010314384 56042RD82 2020-11-10 14031679 Refinance capital lease and construction 0 0 1 A 2923312 6050000 688312 85445 5276243 2017 1 0 1 1 B 3766400 8575000 676400 621445 7277155 2004 1 0 1 1 C 861732 2315000 351732 43936 1919332 2020 1 0 1 1 D 270350 2105000 150350 36155 1918495 2021 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 Form 990, Part VI, Section A, line 7b As a condition to the Corporation's affiliation with the Conference for Mercy Higher Education (CMHE) and sponsorship by the Sisters of Mercy of the Americas, in no event shall the Board of Trustees take any of the following actions without the prior written consent of the Board of Directors of CMHE or its successor or designee (in each case, however, only to the extent such consent is required under Canon Law): (i) approve a sale or disposition of all or substantially all of the assets, a merger, consolidation, reorganization, dissolution or liquidation of the Corporation, or other fundamental transaction contemplated by Title 13-B, Section 1001 of the Maine Nonprofit Corporation Act (or any applicable successor provision); or (ii) amend the applicable Article of the Corporation's Bylaws with respect to the Corporation's Roman Catholic identity or the conditions relating to the affiliation of the Corporation with CMHE or its sponsorship by the Sisters of Mercy of the Americas. The President may confer with the Executive Director of CMHE (or its successor or designee), or any other person authorized by CMHE (or its successor or designee) to determine whether the prior written consent of the Board of Directors of CMHE (or its successor or designee) is required, and the Corporation shall be entitled to rely upon a certification by the Executive Director of CMHE or other authorized person with respect to such requirement. Form 990, Part VI, Section B, line 11b The Form 990 is electronically distributed to all members of the governing board. Any questions, comments, and concerns are addressed prior to filing the Form with the IRS. Form 990, Part VI, Section B, line 12c Conflict of interest questionnaires are distributed annually to all governing board members as well as senior management. There is continuous follow up until all signed questionnaires have been received. All conflict of interest questionnaires are reviewed by the CFO to determine if any information needs to be disclosed in the Form 990. If a conflict of interest is disclosed, appropriate action would be taken depending on the conflict of interest. Form 990, Part VI, Section B, line 15 The College uses salary survey data provided by various professional organizations as well as executive search firms. Based on the acquired data, a salary recommendation is made to the Board of Trustees for discussion and approval. The Chair of the Board of Trustees makes the employment offer to the presidential candidate and the President makes employment offers to all other officer positions. The process and deliberation is documented contemporaneously. Form 990, Part VI, Section C, line 19 The College's governing documents, conflict of interest policy, and financial statements reside in the office of the President, and copies are distributed upon request. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.263(a)-3(n) Election: Trustees of Saint Joseph's College Saint Joseph's College of Maine 278 Whites Bridge Road Standish, ME 04084 EIN: 01-0212542 Section 1.263(a)-3(n) Election: Trustees of Saint Joseph's College is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). Form 990, Part XI, line 9: Change in Value of Split-Interest Agreement 2,477. Charitable Remainder Annuity Trust (1) Trust CA Trustees of Saint Joseph's College T 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0