2025-05-08T15:25:00-05:00 2024-06-30 263753134 CBIZ ADVISORS LLC 53 STATE STREET 17TH FLOOR BOSTON MA 02109 990 2023-07-01 061519057 FRANKLIN W OLIN COLLEGE OF ENGINEERING INC FRAN 7812922300 1000 OLIN WAY NEEDHAM MA 024921200 DONNA GOLEMME VP OF FINANCE & ADMIN 7812922416 2025-05-07 1 1 CRAIG KLEIN P00734640 6178075000 2025-05-07 2023 2025-03-06 01:10:19Z GILDA BARABINO 1000 OLIN WAY NEEDHAM MA 024921200 44656122 0 X WWW.OLIN.EDU X 1997 MA HIGHLY SELECTIVE FOUR-YEAR UNDERGRADUATE ENGINEERING COLLEGE WITH A UNIQUE INTERDISCIPLINARY, PROJECT-BASED CURRICULUM EMPHASIZING ENTREPRENEURSHIP, LIBERAL ARTS, AND RIGOROUS SCIENCE AND ENGINEERING FUNDAMENTALS. 14 13 432 156 453122 178566 3726502 2834018 26181213 28573606 2032648 5990551 1042796 1564072 32983159 38962247 13718089 15045145 0 0 19946727 21157206 0 0 1260316 26131835 26437554 59796651 62639905 -26813492 -23677658 487410086 500657439 167501827 162885431 319908259 337772008 X OLIN COLLEGE PREPARES STUDENTS TO BECOME EXEMPLARY ENGINEERING INNOVATORS WHO RECOGNIZE NEEDS, DESIGN SOLUTIONS, AND ENGAGE IN CREATIVE ENTERPRISES FOR THE GOOD OF THE WORLD. OLIN IS DEDICATED TO CONTINUAL DISCOVERY AND DEVELOPMENT OF EFFECTIVE LEARNING APPROACHES AND ENVIRONMENTS, AND TO CO-DEVELOPING EDUCATIONAL TRANSFORMATION WITH COLLABORATORS AROUND THE GLOBE. 0 0 48701778 15045145 28896948 FOUNDED IN 1997, FRANKLIN W. OLIN COLLEGE OF ENGINEERING, INC. (OLIN OR THE COLLEGE) IS AN UNDERGRADUATE ENGINEERING INSTITUTION WITH A MISSION TO TRANSFORM ENGINEERING EDUCATION TOWARD A WORLD IN WHICH ENGINEERING SERVES EVERYONE. THE COLLEGE HAS APPROXIMATELY 378 STUDENTS FROM AROUND THE WORLD AND HAS ATTRACTED 1,000 APPLICANTS FOR THE FALL 2024 ENTERING CLASS. OLIN'S INNOVATIVE APPROACH TO ENGINEERING EDUCATION STRESSES PROJECT-BASED, INTERDISCIPLINARY LEARNING AND FOCUSES ON HELPING ENGINEERS UNDERSTAND THE REAL-WORLD IMPACT OF THEIR WORK, AS WELL AS DEVELOP SKILLS TO TACKLE THE WORLD'S MOST IMPORTANT PROBLEMS, AND BE PASSIONATE ABOUT SERVING PEOPLE, SOCIETY, AND THE PLANET. EVERY ADMITTED STUDENT RECEIVES AN EIGHT SEMESTER HALF TUITION MERIT SCHOLARSHIP OVER FOUR YEARS. THE COLLEGE IS ACCREDITED BY THE NEW ENGLAND COMMISSION OF HIGHER EDUCATION (FORMERLY A PART OF NEW ENGLAND ASSOCIATION OF SCHOOLS AND COLLEGES) AND THE COLLEGE'S THREE DEGREE PROGRAMS ARE ACCREDITED BY ABET, THE ACCREDITING ORGANIZATION FOR ENGINEERING PROGRAMS. 331332 653000 OLIN IS COMMITTED TO ADVANCING A VISION OF ENGINEERING FOR EVERYONE THROUGH IMPACT-CENTERED EDUCATION, WHICH FOCUSES NOT ONLY ON PREPARING STUDENTS TO HAVE IMPACT BUT ALSO ON ENGAGING STUDENTS IN CREATING AUTHENTIC IMPACT AND IN MAKING THE WORLD A BETTER PLACE. AS PART OF THIS STRATEGY, OLIN ENGAGES IN COLLABORATIVE ACTIVITIES WITH INDUSTRY PARTNERS, COMMUNITY ORGANIZATIONS, AND ACADEMIC INSTITUTIONS AROUND THE WORLD (INCLUDING NEIGHBORING BABSON AND WELLESLEY COLLEGES). OLIN'S EXTERNALLY FACING PROGRAMS INCLUDE FACULTY DEVELOPMENT WORKSHOPS, EDUCATIONAL CONSULTING SERVICES, AND LIFELONG LEARNING EXPERIENCES FOR ALUMNI AND ENGINEERING PROFESSIONALS. THROUGH THESE PROGRAMS AND PARTNERSHIPS, OLIN FULFILLS ITS ASPIRATION TO BE AN IMPORTANT AND CONSTANT CONTRIBUTOR TO THE ADVANCEMENT OF ENGINEERING EDUCATION AND TO DO GOOD FOR HUMANKIND. 49033110 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 539 0 1 432 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA CA MI X DONNA GOLEMME 7812922416 1000 OLIN WAY NEEDHAM MA 024921200 GILDA BARABINO PRESIDENT/TRUSTEE (EX-OFFICIO) 50.00 X X 788904 0 54290 BEVERLY WYSE CHAIR (UNTIL OCT 2023) 4.00 X X 0 0 0 JEANNIE DIEFENDERFER CHAIR (SINCE OCT 2023) 4.00 X X 0 0 0 GEORGE MILNE JR VICE CHAIR 2.00 X X 0 0 0 RICHARD T ROCA CLERK 2.00 X X 0 0 0 MAIA BITTNER TRUSTEE 2.00 X 0 0 0 AL BUNSHAFT TRUSTEE 2.00 X 0 0 0 CHEE CHEW TRUSTEE 2.00 X 0 0 0 LEE EDWARDS TRUSTEE 2.00 X 0 0 0 SCOTT HARRIS TRUSTEE 2.00 X 0 0 0 BRUCE HERRING TRUSTEE 2.00 X 0 0 0 LUKE MORRIS TRUSTEE (SINCE AUG 2023) 2.00 X 0 0 0 VENKY NARAYANAMURTI TRUSTEE (UNTIL OCT 2023) 2.00 X 0 0 0 WILLIAM B NORDEN TRUSTEE 2.00 X 0 0 0 LYNN PASQUERELLA TRUSTEE (UNTIL MAY 2024) 2.00 X 0 0 0 MICHAEL SUTTON TRUSTEE 2.00 X 0 0 0 CHRIS WALLACE TRUSTEE (SINCE MAY 2024) 2.00 X 0 0 0 DONNA GOLEMME VP FOR FINANCE & ADMINISTRATION 50.00 X 336592 0 51519 MARK SOMERVILLE PROVOST (UNTIL AUG 2023) 50.00 X 279483 0 54909 ANNE-MARIE DORNING VP MARTKING & COMM (UNTIL FEB 2024) 50.00 X 215548 0 50690 LAUREN TAAFFE VICE PRESIDENT & CHIEF OF STAFF 50.00 X 217743 0 16884 NICHOLAS MACKE CHIEF HR OFFICER 50.00 X 180588 0 27432 ALYSON GOODROW CHIEF MARKETING & COMM. OFFICER 50.00 X 141645 0 11037 ALBERT SACCO JR CHIEF ACADMEIC OFFICER & PROVOST 50.00 X 66787 0 5348 JEREMY GOODMAN UNTIL APR 2024 VP ADMIN SERVICES & INNOVATION 50.00 X 195468 0 46294 CHRISTOPHER LEE ASSOCIATE DEAN 50.00 X 200223 0 54980 RICHARD OSTERBERG CHIEF INFORMATION OFFICER 50.00 X 191366 0 29157 JENNIFER EDMONDS ASSOCIATE VP FOR FINANCE/CONTROLLER 50.00 X 181532 0 51485 CHARLES JASON WOODARD PROFESSOR 50.00 X 180236 0 46670 ROBERT MARTELLO PROFESSOR 50.00 X 182399 0 44271 EMILY ROPER-DOTEN FORMER DEAN ADMISSION & FIN. AID 50.00 X 105809 0 26271 ALISHA SARANG-SIEMINSKI FORMER DEAN OF THE COLLEGE 50.00 X 210693 0 18806 JESSICA TOWNSEND FORMER INTERIM ACAD VP FOR EXT ENG 50.00 X 122342 0 34541 3797358 0 624584 68 1 1 0 ARAMARK FACILITIES SVCS PO BOX 33170 NEWARK NJ 07188 FACILITY SERVICES MANAGEMENT 2692549 SUMMIT ROCK 9 WEST 57TH STREET 12TH FLOOR NEW YORK NY 10019 INVESTMENT ADVISORS & MANAGEMENT FEES 2493733 REBECCA'S COMMISSARY INC 99 SOUTH BEDFORD STREET SUITE 7 BEDFORD MA 01803 DINING SERVICES 1779180 ZVI CONSTRUCTION LLC 6909 SW 18TH STREET STE A103 BOCA RATON FL 33433 BUILDING CONTRACTORS 1248524 BABSON COLLEGE 231 FOREST STREET BABSON PARK MA 02457 SHARED ADMINISTRATION 698953 16 825810 2008208 94348 2834018 TUITION & FEES 611310 27920606 27920606 EXTERNAL ENGAGEMENT REVENUE 611310 653000 653000 28573606 2908053 141028 2767025 765247 177517 587730 587730 241839 345891 8589856 9000 5516358 0 3073498 9000 3082498 70255 3012243 OTHER INCOME 531100 976342 976342 976342 38962247 29549948 453122 6125159 23505 23505 14106446 14106446 915194 915194 2390831 635914 1547699 207218 14658160 10821381 3313149 523630 943071 696222 213160 33689 2026239 1495870 457986 72383 1138905 840796 257424 40685 151134 13219 137910 5 210410 210410 2078748 2078748 5557730 3808841 1580390 168499 131419 5226 125347 846 1000999 579793 375546 45660 1265457 480222 755585 29650 6971012 6620601 342829 7582 832129 630139 135150 66840 106892 85822 21067 3 4086304 3931139 150664 4501 270411 270411 DINING & FACILITY MGMT 1651805 1651805 MAINTENANCE & REPAIRS 833278 779887 52561 830 STUDENT STIPENDS 365084 361484 3600 BOOKS & MAGAZINES 253864 245457 8349 58 670878 304147 308494 58237 62639905 49033110 12346479 1260316 53133 2736084 6169410 1348569 235043 159293 834703 969690 12967 15340 2253598 1739985 166088115 100028503 67723718 66059612 69099863 78464869 340655776 347471385 371875 1692612 487410086 500657439 5435648 5852706 1117691 978453 147626174 143952667 13322314 12101605 167501827 162885431 X 38233722 38309367 281674537 299462641 319908259 337772008 487410086 500657439 X -23677658 35555309 5986098 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 6432 6432 0 PART II-B, LINE 1: THE COLLEGE IS A MEMBER OF THE ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES IN MASSACHUSETTS (AICUM). AICUM IS THE LEADING VOICE ON PUBLIC POLICY MATTERS RELATING TO INDEPENDENT HIGHER EDUCATION IN MASSACHUSETTS. AICUM ENGAGES IN LOBBYING ACTIVITIES. THEREFORE, AN UNDETERMINED PORTION OF THE DUES PAID BY THE COLLEGE TO AICUM MAY BE ATTRIBUTABLE TO LOBBYING ACTIVITIES. $6,432 DUES WERE PAID IN FY24, THE COLLEGE CONTINUES TO BE A MEMBER OF THE ASSOCIATION. 409755639 205011 39483729 15018410 8489715 425936254 419072981 350394 16875683 13701356 12842063 409755639 455637223 368173 -16481353 13704354 6746708 419072981 369736884 638709 108539149 10617386 12660133 455637223 383956119 666153 10524512 12405309 13004591 369736884 0.01990 0.02210 0.95800 0 0 14604513 14604513 136194294 88393063 47801231 14151171 11545658 2605513 1138137 89782 1048355 66059612 EQUITY FUNDS 83886415 F FIXED INCOME FUNDS 53658709 F REAL ASSET FUNDS 2106710 F HEDGE FUNDS 90340754 F PRIVATE EQUITY FUNDS 101369174 F VENTURE CAPITAL FUNDS 16109623 F 347471385 INTEREST RATE AGREEMENT 2101605 TAXABLE BONDS 10000000 12101605 X 63584013 35555309 3444652 38999961 24584052 2078748 12299447 14378195 38962247 45720264 0 45720264 2078748 14840893 16919641 62639905 PART V, LINE 4: MOST OF THE COLLEGE'S ENDOWMENT IS MADE UP OF THE OLIN ENDOWMENT, WHICH IS REQUIRED TO BE HELD IN PERPETUITY, SUBJECT TO THE EXCEPTIONS EXPLAINED BELOW, IN ORDER TO FUND MERIT SCHOLARSHIPS FOR ALL STUDENTS. THE GRANT AGREEMENT THAT CREATED THE OLIN ENDOWMENT PROVIDES FOR ITS USE IN CERTAIN CIRCUMSTANCES, SUCH AS FOR THE PAYMENT OF CERTAIN DEBT SERVICE SHOULD UNRESTRICTED NET ASSETS BE INSUFFICIENT FOR THAT PURPOSE, AND FOR CERTAIN CAPITAL OUTLAYS. 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 AS ITS ONLY SIGNIFICANT TAX POSITION; HOWEVER, THE COLLEGE HAS DETERMINED THAT SUCH TAX POSITION DOES 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: GAIN ON MODIFICATION OF DEBT 3,444,652. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 15,018,410. RENTAL EXPENSES -177,517. MARK TO MARKET SWAP -2,541,446. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 15,018,410. RENTAL EXPENSES -177,517. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THIS QUESTION IS MARKED "NO" BECAUSE THE POLICY STATEMENT IS NOT LOCATED ON THE COLLEGE'S HOMEPAGE. HOWEVER, THE COLLEGE INCLUDES A STATEMENT OF ITS RACIALLY NONDISCRIMINATORY POLICY IN ITS BROCHURES AND CATALOGUES DEALING WITH STUDENT ADMISSIONS, PROGRAMS AND SCHOLARSHIPS, AND ON ITS WEBSITE, OLIN.EDU AT HTTPS://WWW.OLIN.EDU/ADMISSION. FURTHER, THE COLLEGE INCLUDES A REFERENCE TO ITS RACIALLY NONDISCRIMINATORY POLICY IN WRITTEN ADVERTISING THAT IT USES AS A MEANS OF INFORMING PROSPECTIVE STUDENTS AND THE GENERAL PUBLIC OF ITS PROGRAMS, THE COLLEGE CUSTOMARILY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS NATIONWIDE. THE COLLEGE DEMONSTRATES THAT IT FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY BY ENROLLING STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS. SCHEDULE E, PART I, LINE 6 FEDERAL GRANTOR/PASS-THROUGH GRANTOR/PROGRAM OR CLUSTER TITLE AND FEDERAL EXPENDITURES: DEPARTMENT OF EDUCATION: $1,084,813 DEPARTMNET OF HOMELAND SECURITY: $230,423 NATIONAL SCIENCE FOUNDATION: $370,620 NATIONAL AERONAUTICS AND SPACE ADMINISTRATION: $90,947 NATIONAL INSTITUTE OF STANDARDS TECHNOLOGY: $113,601 U.S. BUREAU OF RECLAMATION: $1,810 DEPARTMENT OF ENERGY: $18,408 TOTAL: $1,910,622 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 194229515 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTMAKING SCHOLARSHIPS 15793 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING SCHOLARSHIPS 79949 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING SCHOLARSHIPS 694877 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTMAKING SCHOLARSHIPS 22490 SOUTH AMERICA 0 0 GRANTMAKING SCHOLARSHIPS 83862 SOUTH ASIA 0 0 GRANTMAKING SCHOLARSHIPS 14993 SUB-SAHARAN AFRICA 0 0 GRANTMAKING GRANTS AWARDED TO INDIVIDUALS 3230 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES CONFERENCES 300 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES CONFERENCES & TRAVEL 37451 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES CONFERENCES & FACULTY RESEARCH & TEACHING AWAY 27027 NORTH AMERICA 0 0 PROGRAM SERVICES CONFERENCES 757 SOUTH AMERICA 0 0 PROGRAM SERVICES CONFERENCES 1111 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES CONFERENCES 5262 0 0 0 0 0 0 195144709 71908 195216617 SCHOLARSHIPS CENTRAL AMERICA AND THE CARIBBEAN 1 15793 CREDIT TO STUDENT ACCOUNT FMV SCHOLARSHIPS EAST ASIA AND THE PACIFIC 6 79949 CREDIT TO STUDENT ACCOUNT FMV SCHOLARSHIPS EUROPE (INCLUDING ICELAND & GREENLAND) 46 694877 CREDIT TO STUDENT ACCOUNT FMV SCHOLARSHIPS MIDDLE EAST AND NORTH AFRICA 3 22490 CREDIT TO STUDENT ACCOUNT FMV SCHOLARSHIPS SOUTH AMERICA 6 83862 CREDIT TO STUDENT ACCOUNT FMV SCHOLARSHIPS SOUTH ASIA 2 14993 CREDIT TO STUDENT ACCOUNT FMV GRANTS AWARDED TO INDIVIDUALS SUB-SAHARAN AFRICA 5 3230 WIRE TRANSFERS 1 0 1 1 0 0 PART I, LINE 2: OLIN COLLEGE PROVIDES ALL ACCEPTED STUDENTS WITH MERIT SCHOLARSHIPS WHICH COVER HALF OF THEIR TUITION AND ARE CREDITED DIRECTLY TO THEIR STUDENT ACCOUNTS. THE SCHOLARSHIPS ARE ONLY USED TO OFFSET TUITION CHARGES. THE COLLEGE PROVIDES ASSISTANCE TO CERTAIN NOT-FOR-PROFIT ORGANIZATIONS THAT SUPPORT THE COLLEGE AND/OR HAVE SIMILAR BELIEFS. THE ASSISTANCE IS CONSIDERED A DONATION. 1 RISE AGAINST HUNGER INC 4801 GLENWOOD AVENUE SUITE 200 RALEIGH NC 27612 161541024 501(C)(3) 10000 0 GENERAL PROGRAM SUPPORT 1 0 NEED BASED FINANCIAL AID 131 0 4086841 FMV TUITION DISCOUNTS ROOM SCHOLARSHIP FOR RESIDENTIAL RESOURCES 10 0 105642 FMV ROOM DISCOUNTS SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT - FEDERAL AID REQUESTED 36 0 10646 FMV TUITION DISCOUNTS OLIN TUITION SCHOLARSHIP 376 0 9903317 FMV TUITION DISCOUNTS PART I, LINE 2: OLIN COLLEGE PROVIDES ALL ACCEPTED STUDENTS WITH MERIT SCHOLARSHIPS WHICH COVER HALF OF THEIR TUITION AND ARE CREDITED DIRECTLY TO THEIR STUDENT ACCOUNTS. THE SCHOLARSHIPS ARE ONLY USED TO OFFSET TUITION CHARGES. THE COLLEGE PROVIDES ASSISTANCE TO CERTAIN NOT-FOR-PROFIT ORGANIZATIONS THAT SUPPORT THE COLLEGE AND/OR HAVE SIMILAR BELIEFS. THE ASSISTANCE IS CONSIDERED A DONATION. X 1 1 X X X X 0 0 0 0 0 0 0 1 0 GILDA BARABINO PRESIDENT/TRUSTEE (EX-OFFICIO) 643616 0 0 0 145288 0 24750 0 29540 0 843194 0 0 0 DONNA GOLEMME VP FOR FINANCE & ADMINISTRATION 314410 0 20000 0 2182 0 24427 0 27092 0 388111 0 0 0 MARK SOMERVILLE PROVOST (UNTIL AUG 2023) 257117 0 0 0 22366 0 20288 0 34621 0 334392 0 0 0 ANNE-MARIE DORNING VP MARTKING & COMM (UNTIL FEB 2024) 187153 0 15000 0 13395 0 15826 0 34864 0 266238 0 0 0 CHRISTOPHER LEE ASSOCIATE DEAN 141991 0 0 0 58232 0 11815 0 43165 0 255203 0 0 0 JEREMY GOODMAN UNTIL APR 2024 VP ADMIN SERVICES & INNOVATION 189191 0 0 0 6277 0 15315 0 30979 0 241762 0 0 0 LAUREN TAAFFE VICE PRESIDENT & CHIEF OF STAFF 216424 0 0 0 1319 0 16232 0 652 0 234627 0 0 0 JENNIFER EDMONDS ASSOCIATE VP FOR FINANCE/CONTROLLER 181497 0 0 0 35 0 14652 0 36833 0 233017 0 0 0 ALISHA SARANG-SIEMINSKI FORMER DEAN OF THE COLLEGE 210403 0 0 0 290 0 15826 0 2980 0 229499 0 0 0 CHARLES JASON WOODARD PROFESSOR 128511 0 0 0 51725 0 11891 0 34779 0 226906 0 0 0 ROBERT MARTELLO PROFESSOR 138655 0 0 0 43744 0 11267 0 33004 0 226670 0 0 0 RICHARD OSTERBERG CHIEF INFORMATION OFFICER 173101 0 0 0 18265 0 14814 0 14343 0 220523 0 0 0 NICHOLAS MACKE CHIEF HR OFFICER 174588 0 0 0 6000 0 13995 0 13437 0 208020 0 0 0 JESSICA TOWNSEND FORMER INTERIM ACAD VP FOR EXT ENG 83745 0 0 0 38597 0 7251 0 27290 0 156883 0 0 0 ALYSON GOODROW CHIEF MARKETING & COMM. OFFICER 141480 0 0 0 165 0 10611 0 426 0 152682 0 0 0 EMILY ROPER-DOTEN FORMER DEAN ADMISSION & FIN. AID 89173 0 0 0 16636 0 7302 0 18969 0 132080 0 0 0 PART I, LINE 1A THE PRESIDENT RECEIVED A HOUSING ALLOWANCE OF $100,000 FOR THE CALENDAR YEAR 2023 WHILE THE ON-CAMPUS PRESIDENT'S HOME WAS BEING REDESIGNED AND RENOVATED. THIS AMOUNT IS INCLUDED IN OTHER REPORTABLE COMPENSATION. PART I, LINE 7 A ONE-TIME BONUS PAYMENT, AT THE DISCRETION OF THE PRESIDENT, WAS AWARDED TO EMPLOYEES IN RECOGNITION OF THEIR EXCEPTIONAL PERFORMANCE IN THE AREA OF FINANCE AND ADMINISTRATION. A MDFA SERIES C2 & C3 043431814 57583RZG3 2008-09-04 84000000 REFUNDING OF SERIES A-1 & A-2 0 0 0 B MDFA SERIES D 043431814 000000000 2013-05-09 38255000 PARTIAL REFUNDING OF SERIES C2 & C3 0 0 0 C MDFA SERIES E 043431814 57583UVPO 2013-05-09 65553326 REFUNDING OF SERIES B 0 0 0 D MDFA SERIES F 043431814 57584Y6T1 2023-08-22 50303587 REFUNDING REVENUE BONDS 0 0 0 A 38000000 84000156 672658 42392 2004 1 0 1 1 B 38255000 187552 67478 2013 1 0 1 1 C 49612568 66553326 540230 107024 2013 1 0 1 1 D 50303587 593945 97074 2023 1 0 1 1 A 0 1 1 1 1 1 0.00260 0.01460 0.01720 0 0 1 B 0 1 1 1 1 1 0.00260 0.00490 0.00750 0 0 1 C 0 1 1 1 1 1 0.00060 0.03190 0.03250 0 0 1 D 0 1 1 1 1 1 0.00080 0.01180 0.01260 0 0 1 A 0 0 0 1 1 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MDFA SERIES C2 & C3 DATE THE REBATE COMPUTATION WAS PERFORMED: 06/30/2024 ISSUER NAME: MDFA SERIES D DATE THE REBATE COMPUTATION WAS PERFORMED: 06/30/2024 ISSUER NAME: MDFA SERIES E DATE THE REBATE COMPUTATION WAS PERFORMED: 06/30/2024 ISSUER NAME: MDFA SERIES F DATE THE REBATE COMPUTATION WAS PERFORMED: 06/30/2024 X 4 94348 FMV 0 0 1 0 PART I, COLUMN (B): IN PART I, LINE 9 COLUMN (B) THE COLLEGE REPORTED THE NUMBER OF CONTRIBUTIONS. PUBLICLY TRADED SECURITIES ARE VALUED AT THE AVERAGE OF THE HIGH AND LOW VALUE ON THE DATE RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B THE COLLEGE'S CORE FORM 990 AND RELATED SCHEDULES WERE PREPARED BY OUR TAX ADVISORY FIRM AND REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES AND SENIOR MANAGEMENT. ALL FEEDBACK WAS INCORPORATED IN THE FORM. PRIOR TO FILING WITH THE IRS, THE FINAL FORM 990 IS DISTRIBUTED TO THE FULL BOARD FOR REVIEW THROUGH AN EMAIL LINK TO THE COLLEGE'S INTRANET. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS AND TRUSTEES ARE REQUIRED TO DISCLOSE ANNUALLY ANY DIRECT OR INDIRECT FINANCIAL OR OTHER MATERIAL INTEREST WHICH HE OR SHE OR A FAMILY MEMBER HAS OR REASONABLY EXPECTS TO HAVE IN ANY PROPOSED OR EXISTING CONTRACT, TRANSACTION, OR ARRANGEMENT WITH THE COLLEGE PRIOR TO THE START OF ANY NEGOTIATIONS WITH RESPECT TO SUCH MATTER. TRUSTEE DISCLOSURES ARE REVIEWED BY THE CHAIRPERSON AND CLERK OF THE BOARD. FINAL REVIEW OF POTENTIAL TRUSTEE CONFLICTS IS MADE BY THE FULL BOARD, THE EXECUTIVE COMMITTEE, OR OTHER BOARD COMMITTEE HAVING DECISION-MAKING AUTHORITY OVER THE SUBSTANTIVE MATTER IN QUESTION. ANY RESTRICTIONS IMPOSED ON PERSONS WITH A CONFLICT WOULD DEPEND ON THE NATURE OF THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE COLLEGE ENGAGES AN INDEPENDENT EXTERNAL CONSULTING FIRM TO BENCHMARK COMPENSATION DATA FROM COMPARABLE HIGHER EDUCATION INSTITUTIONS FOR THE PRESIDENT OF THE COLLEGE. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES IS PROVIDED THE MARKET DATA FOR DISCUSSION AND RECOMMENDATION FOR CHANGE IN SALARY. THE PRESIDENT'S COMPENSATION IS APPROVED BY THE EXECUTIVE COMMITTEE, ALL OF WHOM ARE INDEPENDENT. HUMAN RESOURCES CONDUCTS AND DOCUMENTS AN ANNUAL REVIEW OF COMPENSATION FOR STAFF, INCLUDING OFFICERS OF THE COLLEGE. THE COMPENSATION REVIEW PROCESS FOR ALL STAFF POSITIONS, INCLUDING OFFICERS, INCLUDES COMPARING MARKET AND SALARY SURVEY DATA FROM INDEPENDENT PROFESSIONAL SOURCES. NEW OFFICER POSITIONS ARE BENCHMARKED FOR COMPARABLE SALARIES WITH PEER HIGHER EDUCATION INSTITUTIONS. THE PERCENTAGE INCREASE IN SALARY FOR STAFF, INCLUDING OFFICERS, IS APPROVED AS PART OF THE ANNUAL BUDGET PROCESS BY THE FINANCE & FACILITIES COMMITTEE OF THE BOARD OF TRUSTEES AND FULL BOARD OF TRUSTEES. ANY OFFICER PROMOTION, BONUS AND CHANGE IN SALARY BEYOND THE STANDARD STAFF INCREASE IS APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. ALL TRUSTEES ARE INDEPENDENT OF THE COLLEGE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE AUDITED FINANCIAL STATEMENTS AND BY-LAWS ARE ALSO AVAILABLE VIA THE ORGANIZATION'S AND MASSACHUSETTS ATTORNEY GENERAL'S WEBSITES. FORM 990, PART XI, LINE 9: CHANGE IN FMV INTEREST RATE AGREEMENT 2,541,446. GAIN ON MODIFICATION OF DEBT 3,444,652.