ALBION COLLEGE: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- ALBION COLLEGE (EIN 38-1359081)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-05-15
- IRS object ID
- 202311359349312636
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-15T14:53:32-05:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 381357951 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PLANTE & MORAN PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 750 TRADE CENTRE WAY STE 300 | AddressLine1Txt |
| City | PORTAGE | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49002 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 381359081 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALBION COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ALBI | BusinessNameControlTxt |
| Phone | 5176290289 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 611 EAST PORTER STREET | AddressLine1Txt |
| City | ALBION | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49224 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARK HOLBROOK | PersonNm |
| Person Title | CONTROLLER | PersonTitleTxt |
| Phone | 5176290289 | PhoneNum |
| Signature | 2023-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MARK | PersonFirstNm |
| Person Last | HOLBROOK | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AMY CIMINELLO | PreparerPersonNm |
| PTIN | P00796388 | PTIN |
| Phone | 2695674500 | PhoneNum |
| Preparation | 2023-05-15 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JOSEPH CALVARUSO | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 611 EAST PORTER STREET | AddressLine1Txt |
| City | ALBION | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49224 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $148,211,516 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.ALBION.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1835 | FormationYr |
| Legal Domicile State | MI | LegalDomicileStateCd |
| Activity Or Mission | ALBION COLLEGE IS AN UNDERGRADUATE, LIBERAL ARTS INSTITUTION COMMITTED TO ACADEMIC EXCELLENCE. WE ARE LEARNING-CENTERED AND RECOGNIZE THAT VALUABLE LEARNING TAKES PLACE IN AND OUTSIDE OF THE CLASSROOM, ON AND OFF THE CAMPUS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 26 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 26 | VotingMembersIndependentCnt |
| Total Employee | 1474 | TotalEmployeeCnt |
| Total Volunteers | 26 | TotalVolunteersCnt |
| Total Gross UBI | $155,083 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $215,385 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $19,163,618 | PYContributionsGrantsAmt |
| CY Contributions Grants | $11,128,688 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $89,673,736 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $93,756,520 | CYProgramServiceRevenueAmt |
| PY Investment Income | $7,598,513 | PYInvestmentIncomeAmt |
| CY Investment Income | $17,506,299 | CYInvestmentIncomeAmt |
| PY Other Revenue | $864,158 | PYOtherRevenueAmt |
| CY Other Revenue | $547,691 | CYOtherRevenueAmt |
| PY Total Revenue | $117,300,025 | PYTotalRevenueAmt |
| CY Total Revenue | $122,939,198 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $56,525,148 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $60,390,797 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $36,073,489 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $36,060,823 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,566,984 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $30,346,699 | PYOtherExpensesAmt |
| CY Other Expenses | $29,401,392 | CYOtherExpensesAmt |
| PY Total Expenses | $122,945,336 | PYTotalExpensesAmt |
| CY Total Expenses | $125,853,012 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$5,645,311 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$2,913,814 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $312,037,412 | TotalAssetsBOYAmt |
| Total Assets EOY | $296,474,631 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $71,871,791 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $78,411,887 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $240,165,621 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $218,062,744 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | ALBION COLLEGE IS AN UNDERGRADUATE, LIBERAL ARTS INSTITUTION COMMITTED TO ACADEMIC EXCELLENCE. WE ARE LEARNING-CENTERED AND RECOGNIZE THAT VALUABLE LEARNING TAKES PLACE IN AND OUTSIDE OF THE CLASSROOM, ON AND OFF THE CAMPUS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $85,769,718 | ExpenseAmt |
| Grant | $60,390,797 | GrantAmt |
| Revenue | $77,233,929 | RevenueAmt |
| Desc | INSTRUCTIONAL - ALBION COLLEGE IS A PRIVATE, SELECTIVE, COEDUCATIONAL, RESIDENTIAL INSTITUTION OF HIGHER EDUCATION AFFILIATED WITH THE UNITED METHODIST CHURCH, BUT NON-SECTARIAN IN PRACTICE. THE COLLEGE PRINCIPALLY OFFERS ACADEMIC COURSES AND PROGRAMS LEADING TO A BACHELORS DEGREE IN LIBERAL ARTS. APPROXIMATELY 1,445 STUDENTS ARE ENROLLED IN THE COLLEGE. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $6,001,385 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $6,615,770 | RevenueAmt |
| Desc | AUXILIARY - DINING SERVICES - ALBION COLLEGE IS A RESIDENTIAL INSTITUTION AND THE PRIMARY FUNCTION OF THE DINING AND HOSPITALITY SERVICES, MANAGED BY METZ MANAGEMENT COMPANY, IS TO PROVIDE FOOD FOR OUR STUDENTS, FACULTY, STAFF, AND GUESTS. WE STRIVE TO PROVIDE A WIDE SELECTION OF HIGH QUALITY PRODUCTS AND SERVICES THROUGH A VARIETY OF EXPERIENCES. THESE EXPERIENCES REFLECT OUR COMMITMENT TO BEING RESPONSIVE TO THE CHANGING NEEDS AND DESIRES OF OUR DIVERSE AUDIENCE. OPERATIONS INCLUDE AN ALL-YOU-CAN-EAT DINING HALL, QUICK-SERVE RESTAURANT, A COFFEE SHOP, LODGING, CATERING SERVICES, FACULTY/STAFF LUNCH BUFFET AND CONFERENCE AND EVENT SERVICES. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,187,742 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $9,369,864 | RevenueAmt |
| Desc | AUXILIARY - RESIDENCE HALLS - ALBION COLLEGE IS A COLLEGE COMMUNITY INSTITUTION THAT EMPHASIZES COMMUNITY AND INCLUSION THROUGH EDUCATION IN AND OUT OF THE CLASSROOM. ALBION COLLEGE STRIVES TO PROVIDE OUR STUDENTS WITH QUALITY HOUSING THAT ENHANCES A STUDENT'S LEARNING EXPERIENCE. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $17,266,686 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $536,957 | RevenueAmt |
| Desc | VARIOUS OTHER PROGRAM SERVICES RELATING TO THE ORGANIZATION'S MISSION. (KELLOGG CTR, CONF SERVICES, EQUESTRIAN CTR, W&G ROOM RENTAL) | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $17,266,686 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $536,957 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $110,225,531 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (1) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | Yes (1) | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 205 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1474 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 26 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 26 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (1) | WrittenPolicyOrProcedureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARK HOLBROOK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5176290289 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 611 EAST PORTER STREET | AddressLine1Txt |
| City | ALBION | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49224 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (44 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| MICHAEL J HARRINGTON | |||||||||
| EXECUTIVE CHAIRMAN-THRU DEC 2021 | 2.31 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| DENNIS W WAHR | |||||||||
| TRUSTEE | 3.08 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JEFFREY YOULE | |||||||||
| TRUSTEE | 3.08 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| TIMOTHY WYMAN | |||||||||
| TRUSTEE | 3.08 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL E WILLIAMS | |||||||||
| TRUSTEE | 3.08 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| STEVE SHECKELL | |||||||||
| TRUSTEE | 3.08 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KATE HAO | |||||||||
| TRUSTEE | 3.08 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ALEC PALMER | |||||||||
| TRUSTEE | 3.08 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| AUSTIN BAIDAS | |||||||||
| TRUSTEE | 3.08 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID A BARD | |||||||||
| TRUSTEE | 3.08 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JARED FIFE | |||||||||
| TRUSTEE | 3.08 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DOUGLAS GOERING | |||||||||
| TRUSTEE | 3.08 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ALLISON MAKI | |||||||||
| TRUSTEE | 3.08 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS L LUDINGTON | |||||||||
| TRUSTEE | 3.85 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES KEITH | |||||||||
| TRUSTEE | 3.08 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| PAUL HUTH | |||||||||
| TRUSTEE | 3.08 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SAMUEL J SHAHEEN | |||||||||
| TRUSTEE | 3.08 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JEFFREY A OTT | |||||||||
| TRUSTEE | 3.08 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KEVIN F ASHER | |||||||||
| TRUSTEE - AUDIT CHAIR | 3.85 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| LAWRENCE B SCHOOK | |||||||||
| TRUSTEE - CHAIR ACADEMIC AFFAIRS | 3.85 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| J DONALD SHEETS | |||||||||
| TRUSTEE - CHAIR FINANCE | 3.85 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JEFFREY C PETHERICK | |||||||||
| TRUSTEE - CHAIR INVESTMENT | 3.85 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOANNE MILLER | |||||||||
| TRUSTEE - CHAIR OF ENROLLMENT/MARKETING | 3.85 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MAE OLA DUNKLIN | |||||||||
| TRUSTEE - CHAIR OF INFRASTRUCTURE | 3.85 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| BRIAN MCPHEELY | |||||||||
| TRUSTEE - CHAIR OF STUDENT DEVELOPMENT | 3.85 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JEFFREY D WEEDMAN | |||||||||
| TRUSTEE - CHAIR TRUSTEESHIP | 3.85 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOSEPH S CALVARUSO | |||||||||
| TRUSTEE - INTERIM PRESIDENT | 23.08 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| KEENA S WILLIAMS | |||||||||
| CHIEF BELONGING OFFICER | 34.62 | 0.00 | Yes (X) | $81,954 | $0 | $19,333 | |||
| GARY R BLACK | |||||||||
| CHIEF FINANCIAL OFFICER | 30.77 | 0.00 | Yes (X) | $144,255 | $0 | $34,798 | |||
| KELLY D FINN | |||||||||
| CHIEF OF STAFF | 46.15 | 0.00 | Yes (X) | $93,983 | $0 | $14,289 | |||
| RAYMOND D BARCLAY | |||||||||
| CHIEF PLANNING OFFICER | 19.23 | 0.00 | Yes (X) | $155,549 | $0 | $11,563 | |||
| SUSANNAH PENTELOW | |||||||||
| EXECUTIVE DIRECTOR OF COMM | 23.08 | 0.00 | Yes (X) | $78,227 | $0 | $16,506 | |||
| DR MATHEW JOHNSON | |||||||||
| PRESIDENT-THRU DEC 2021 | 34.62 | 0.00 | Yes (X) | $451,147 | $0 | $46,298 | |||
| RON B MOURAD | |||||||||
| PROVOST, VP FOR FACULTY | 46.15 | 0.00 | Yes (X) | $142,313 | $0 | $55,400 | |||
| JAMIE M KRUEGER | |||||||||
| VP FOR ENROLLMENT | 46.15 | 0.00 | Yes (X) | $62,950 | $0 | $8,369 | |||
| HERNAN M BUCHELI | |||||||||
| VP FOR ENROLLMENT-THRU MAY 2021 | 19.23 | 0.00 | Yes (X) | $219,580 | $0 | $18,726 | |||
| MARC A NEWMAN | |||||||||
| VP FOR INSTITIONAL ADV | 46.15 | 0.00 | Yes (X) | $104,260 | $0 | $11,722 | |||
| LEROY WRIGHT | |||||||||
| VP FOR STUDENT DEVELOPMENT | 46.15 | 0.00 | Yes (X) | $197,422 | $0 | $20,178 | |||
| GRETCHEN K MIELKE | |||||||||
| ADMINISTATOR | 38.00 | 0.00 | $117,687 | $0 | $7,133 | Yes (X) | |||
| MATTHEW AREND | |||||||||
| ATHLETIC DIRECTOR | 42.00 | 0.00 | $118,786 | $0 | $17,057 | Yes (X) | |||
| SUELLYN M HENKE | |||||||||
| FACULTY | 38.00 | 0.00 | $119,048 | $0 | $6,413 | Yes (X) | |||
| VICKI L BAKER | |||||||||
| FACULTY | 42.00 | 0.00 | $172,491 | $0 | $17,331 | Yes (X) | |||
| KAREN ERLANDSON | |||||||||
| FACULTY | 38.00 | 0.00 | $121,072 | $0 | $21,311 | Yes (X) | |||
| MARC M ROY | |||||||||
| PROVOST, VP FOR FACULTY - FORMER | 30.77 | 0.00 | $106,659 | $0 | $19,315 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,487,383 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $345,742 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 17 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| METZ CULINARY MANAGEMENT | |||||
| 2 WOODLAND DRIVE | DALLAS | PA | 18612 | FOOD SERVICE | $5,146,979 |
| CSM GROUP INC | |||||
| 600 E MICHIGAN AVE SUITE A | KALAMAZOO | MI | 49007 | CONSTRUCTION SERVICES | $3,472,431 |
| WG CONSTRUCTION SERVICES LLC | |||||
| 101 S MONROE ST | ALBION | MI | 49224 | CONSTRUCTION SERVICES | $1,090,478 |
| GCA EDUCATION SERVICES INC | |||||
| PO BOX 643823 | PITTSBURGH | PA | 15264 | CUSTODIAL SERVICES | $999,780 |
| PROGRESSIVE AE INC | |||||
| 1811 FOUR MILE ROAD NE | GRAND RAPIDS | MI | 49525 | CONSTRUCTION SERVICES | $751,529 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 47 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $3,714,580 | GovernmentGrantsAmt |
| All Other Contributions | $7,414,108 | AllOtherContributionsAmt |
| Noncash Contributions | $2,039,768 | NoncashContributionsAmt |
| Total Contributions | $11,128,688 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611600 | $77,233,929 | $77,233,929 |
| RESIDENCE HALLS | 611600 | $9,369,864 | $9,369,864 |
| DINING SERVICES | 611600 | $6,615,770 | $6,615,770 |
| OTHER PROGRAM REVENUE | 900099 | $536,957 | $536,957 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $93,756,520 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,830,764 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $155,083 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,675,681 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $69,500 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $69,500 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $69,500 | TotalRevenueColumnAmt |
| Exclusion | $69,500 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $37,130,431 | SecuritiesAmt |
| Other | $813,172 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $25,268,068 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $11,862,363 | SecuritiesAmt |
| Other | $813,172 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,675,535 | TotalRevenueColumnAmt |
| Exclusion | $12,675,535 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $3,478 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,478 | TotalRevenueColumnAmt |
| Exclusion | $3,478 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $38,464 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $4,250 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $34,214 | TotalRevenueColumnAmt |
| Exclusion | $34,214 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| INSURANCE PROCEEDS | 900099 | $159,458 | $159,458 |
| ENERGY REBATES | 900099 | $109,842 | $109,842 |
| FARM INCOME | 900099 | $31,807 | $31,807 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $139,392 | TotalRevenueColumnAmt |
| Exclusion | $139,392 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $440,499 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $122,939,198 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $93,756,520 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $155,083 | UnrelatedBusinessRevenueAmt |
| Exclusion | $17,898,907 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,673 | TotalAmt |
| Program Services | $33,673 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,654,775 | TotalAmt |
| Program Services | $59,654,775 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $702,349 | TotalAmt |
| Program Services | $702,349 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,827,361 | TotalAmt |
| Program Services | $533,571 | ProgramServicesAmt |
| Management And General | $1,095,468 | ManagementAndGeneralAmt |
| Fundraising | $198,322 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,284,694 | TotalAmt |
| Program Services | $20,234,543 | ProgramServicesAmt |
| Management And General | $4,004,837 | ManagementAndGeneralAmt |
| Fundraising | $1,045,314 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,044,073 | TotalAmt |
| Program Services | $1,757,154 | ProgramServicesAmt |
| Management And General | $215,189 | ManagementAndGeneralAmt |
| Fundraising | $71,730 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,956,536 | TotalAmt |
| Program Services | $3,604,274 | ProgramServicesAmt |
| Management And General | $1,082,833 | ManagementAndGeneralAmt |
| Fundraising | $269,429 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,948,159 | TotalAmt |
| Program Services | $1,674,704 | ProgramServicesAmt |
| Management And General | $205,091 | ManagementAndGeneralAmt |
| Fundraising | $68,364 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,587 | TotalAmt |
| Fundraising | $6,587 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $221,650 | TotalAmt |
| Management And General | $221,650 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $255,419 | TotalAmt |
| Program Services | $6,507 | ProgramServicesAmt |
| Management And General | $248,912 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,538,860 | TotalAmt |
| Program Services | $4,531,438 | ProgramServicesAmt |
| Management And General | $1,719,054 | ManagementAndGeneralAmt |
| Fundraising | $288,368 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $224,492 | TotalAmt |
| Program Services | $131,646 | ProgramServicesAmt |
| Management And General | $92,380 | ManagementAndGeneralAmt |
| Fundraising | $466 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,430,366 | TotalAmt |
| Program Services | $2,908,449 | ProgramServicesAmt |
| Management And General | $428,863 | ManagementAndGeneralAmt |
| Fundraising | $93,054 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,464,111 | TotalAmt |
| Program Services | $2,888,937 | ProgramServicesAmt |
| Management And General | $425,460 | ManagementAndGeneralAmt |
| Fundraising | $149,714 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,130,891 | TotalAmt |
| Program Services | $1,645,918 | ProgramServicesAmt |
| Management And General | $409,038 | ManagementAndGeneralAmt |
| Fundraising | $75,935 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $659,897 | TotalAmt |
| Program Services | $237,369 | ProgramServicesAmt |
| Management And General | $416,743 | ManagementAndGeneralAmt |
| Fundraising | $5,785 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,987,999 | TotalAmt |
| Program Services | $877,723 | ProgramServicesAmt |
| Management And General | $1,074,446 | ManagementAndGeneralAmt |
| Fundraising | $35,830 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,800,473 | TotalAmt |
| Program Services | $4,248,226 | ProgramServicesAmt |
| Management And General | $451,642 | ManagementAndGeneralAmt |
| Fundraising | $100,605 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $850,104 | TotalAmt |
| Program Services | $6,862 | ProgramServicesAmt |
| Management And General | $843,242 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FOOD | Desc |
| Total | $4,830,543 | TotalAmt |
| Program Services | $4,547,413 | ProgramServicesAmt |
| Management And General | $125,649 | ManagementAndGeneralAmt |
| Fundraising | $157,481 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,853,012 | TotalAmt |
| Program Services | $110,225,531 | ProgramServicesAmt |
| Management And General | $13,060,497 | ManagementAndGeneralAmt |
| Fundraising | $2,566,984 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,308,535 | BOYAmt |
| EOY | $9,822,959 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,871,228 | BOYAmt |
| EOY | $9,931,248 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,165,330 | BOYAmt |
| EOY | $6,344,166 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,788,369 | BOYAmt |
| EOY | $3,082,736 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,375 | BOYAmt |
| EOY | $4,375 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,008,967 | BOYAmt |
| EOY | $863,484 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $221,320,256 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $124,659,985 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $89,896,435 | BOYAmt |
| EOY | $96,660,271 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $60,932,856 | BOYAmt |
| EOY | $57,967,811 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $137,466,492 | BOYAmt |
| EOY | $107,549,024 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,594,825 | BOYAmt |
| EOY | $4,248,557 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $312,037,412 | BOYAmt |
| EOY | $296,474,631 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,810,554 | BOYAmt |
| EOY | $8,627,486 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $286,566 | BOYAmt |
| EOY | $283,612 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,810,000 | BOYAmt |
| EOY | $58,313,535 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,452,719 | BOYAmt |
| EOY | $9,090,445 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,511,952 | BOYAmt |
| EOY | $2,096,809 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,871,791 | BOYAmt |
| EOY | $78,411,887 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,122,920 | BOYAmt |
| EOY | $46,641,127 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $188,042,701 | BOYAmt |
| EOY | $171,421,617 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $240,165,621 | BOYAmt |
| EOY | $218,062,744 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $312,037,412 | BOYAmt |
| EOY | $296,474,631 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$2,913,814 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$19,863,548 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $674,485 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Funds Held | 0 | DonorAdvisedFundsHeldCnt |
| Donor Advised Funds Contri | $0 | DonorAdvisedFundsContriAmt |
| Donor Advised Funds Grants | $833,905 | DonorAdvisedFundsGrantsAmt |
| Donor Advised Funds Vl EOY | $0 | DonorAdvisedFundsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (1) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (1) | DisclosedForCharitablePrpsInd |
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $199,245,697 | BeginningYearBalanceAmt |
| Contributions | $3,697,775 | ContributionsAmt |
| Investment Earnings Or Losses | -$3,017,813 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,143,191 | GrantsOrScholarshipsAmt |
| Other Expenditures | $18,944,972 | OtherExpendituresAmt |
| Administrative Expenses | -$289,481 | AdministrativeExpensesAmt |
| End Year Balance | $176,126,976 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $162,423,187 | BeginningYearBalanceAmt |
| Contributions | -$124,757 | ContributionsAmt |
| Investment Earnings Or Losses | $47,026,102 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,106,495 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,078,790 | OtherExpendituresAmt |
| Administrative Expenses | -$106,450 | AdministrativeExpensesAmt |
| End Year Balance | $199,245,697 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $173,856,393 | BeginningYearBalanceAmt |
| Contributions | $5,568,341 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,447,969 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $16,455,065 | OtherExpendituresAmt |
| Administrative Expenses | -$1,901,487 | AdministrativeExpensesAmt |
| End Year Balance | $162,423,187 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $177,207,527 | BeginningYearBalanceAmt |
| Contributions | $8,471,036 | ContributionsAmt |
| Investment Earnings Or Losses | $5,306,500 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $7,929,609 | GrantsOrScholarshipsAmt |
| Other Expenditures | $8,094,009 | OtherExpendituresAmt |
| Administrative Expenses | $1,105,052 | AdministrativeExpensesAmt |
| End Year Balance | $173,856,393 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $180,632,498 | BeginningYearBalanceAmt |
| Contributions | $4,419,842 | ContributionsAmt |
| Investment Earnings Or Losses | $12,518,176 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $4,172,677 | GrantsOrScholarshipsAmt |
| Other Expenditures | $11,793,460 | OtherExpendituresAmt |
| Administrative Expenses | $4,396,852 | AdministrativeExpensesAmt |
| End Year Balance | $177,207,527 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.05580 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.57880 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.36540 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,994,797 | OtherCostOrOtherBasisAmt |
| Book Value | $3,994,797 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $131,491,501 | OtherCostOrOtherBasisAmt |
| Depreciation | $87,454,215 | DepreciationAmt |
| Book Value | $44,037,286 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $54,185,515 | OtherCostOrOtherBasisAmt |
| Depreciation | $11,636,038 | DepreciationAmt |
| Book Value | $42,549,477 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $31,648,443 | OtherCostOrOtherBasisAmt |
| Depreciation | $25,569,732 | DepreciationAmt |
| Book Value | $6,078,711 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $96,660,271 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| GLOBAL MULTI-ASSET EQUITY | $65,399,569 | F |
| PARTNERSHIPS | $37,495,702 | C |
| REAL ESTATE | $4,653,753 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $107,549,024 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| REFUNDABLE PERKINS LOAN PROGRAM | $1,715,754 |
| REFUNDABLE STUDENT DEPOSITS | $381,055 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,096,809 | TotalLiabilityAmt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 1A: | THE COLLEGE DOES NOT RECOGNIZE OR CAPITALIZE THE COLLECTIONS OF RARE BOOKS, ORIGINAL PAINTINGS, VALUABLE PRINTS, AND OTHER ORIGINAL WORKS OF ART THAT HAVE BEEN RECEIVED AS DONATIONS OVER THE YEARS. COLLECTIONS ARE HELD FOR PUBLIC EXHIBITION, ARE PROTECTED, CARED FOR, AND PRESERVED AND ARE SUBJECT TO POLICY THAT REQUIRES PROCEEDS FROM SALE OF ITEMS TO ACQUIRE OTHER ITEMS FOR THE COLLECTIONS. |
| PART III, LINE 4: | ART COLLECTION - A MISSION OF THE DEPARTMENT IS TO EXPOSE OUR STUDENTS AND THE COMMUNITY TO FINE ARTS OF THE PAST AND PRESENT. TO THIS END, WE TEACH CLASSES AND CREATE EXHIBITIONS, DRAWING UPON OUR COLLECTION AND OF OUR CONTEMPORARIES. OUR TWO GALLERIES ARE THE VENUE FOR TWELVE EXHIBITIONS PER ACADEMIC YEAR WHICH ARE OPEN TO THE COLLEGE AND THE GENERAL PUBLIC. LIBRARY COLLECTION - THE LIBRARY COLLECTIONS HAVE THEIR ROOTS IN THE HISTORY OF ALBION COLLEGE. THEY FORM A VALUABLE ACADEMIC RESOURCE THAT SUPPORT OUR CENTRAL LIBERAL ARTS MISSION. THE COLLECTIONS ARE OPEN TO STUDENTS FOR STUDY AND RESEARCH AND PROVIDE A UNIQUE EXPERIENCE IN UNDERSTANDING LITERATURE, HISTORY AND THE HISTORY OF SCIENCE AND NATURAL HISTORY. |
| PART V, LINE 4: | ENDOWMENTS SUPPORT THE EDUCATIONAL PURPOSES OF THE COLLEGE. |
| PART I: | DURING FY22, ALBION CLOSED OUT THE DAF THAT IT HAS MAINTAINED. IN THIS PARTICULAR CASE, AFTER PLACING THEIR FUNDS WITH THE COLLEGE IN A DAF, THE DONOR, ELECTED TO ASSIGN THE ALLOWABLE PORTION OF FUNDS TO TWO THIRD PARTY EDUCATIONAL INSTITUTIONS. ALL REMAINING FUNDS WERE ASSIGNED TO BE SENT TO A SERIES OF SMALLER ENDOWMENTS AND SPENDABLE GIFTS FOR THE BENEFIT OF ALBION COLLEGE, ALL OF WHICH HAVE GIFT AGREEMENTS TO DOCUMENT DONOR CHOICES. AS THE ONLY PARTICIPANT IN ALBION COLLEGE'S DAF, THE DONOR'S ASSIGNMENT OF FUNDS LEFT THE DAF WITH A ZERO BALANCE THAT WOULD HAVE ONLY ACCUMULATED FEES ON AN ONGOING BASIS, AND SO THE DAF INVESTMENT PRODUCT WAS CLOSED TO MINIMIZE WASTED EXPENSES. |
| PART V: | CHANGES IN ENDOWMENT NET ASSETS FOR THE FISCAL YEAR ENDED JUNE 30, 2022 WITHOUT WITH DONOR RESTRICTIONS DONOR RESTRICTIONS ENDOWMENT NET ASSETS AT JULY 1, 2021 $19,411,045 $179,834,652 CONTRIBUTIONS 396,883 3,680,633 INVESTMENT INCOME 4,780,590 - INVESTMENT GAINS (LOSSES) 606,045 (8,403,119) RELEASED FROM RESTRICTION FOR ENDOWMENT DRAWS 9,098,138 (9,098,138) REGULAR APPROPRIATION FROM TRUE ENDOWMENTS FOR OPERATIONS (9,116,144) - EXTRA APPROPRIATION FROM TRUE ENDOWMENTS FOR OPERATIONS (4,752,320) - REGULAR APPROPRIATION AND LIQUIDATION OF FUNDS FUNCTIONING AS QUASI ENDOWMENTS (10,219,699) - OTHER TRANSFERS AND ADJUSTMENTS (381,070) 289,481 ENDOWMENT NET ASSETS AT JUNE 30, 2022 $9,823,468 $166,303,509 ASSETS WITHOUT DONOR RESTRICTIONS THESE REPRESENT FUNDS WHICH THE GOVERNING BOARD OF THE INSTITUTION HAVE ESTABLISHED TO FUNCTION AS AN ENDOWMENT IN THAT THE PRINCIPAL IS TO BE RETAINED AND INVESTED. HOWEVER, THE ENTIRE PRINCIPAL AND INCOME MAY BE SPENT AT ANY TIME AT THE DISCRETION OF THE GOVERNING BOARD. ASSETS WITH DONOR RESTRICTIONS REPRESENT FUNDS WHICH HAVE BEEN DONATED TO THE INSTITUTION FOR WHICH THE EARNINGS ARE MEANT TO BE USED FOR OPERATIONS, PROGRAMS OR SCHOLARSHIPS CONSISTENT WITH RESTRICTIONS PLACED ON IT BY THE DONOR. THESE FUNDS CAN BE SPENDING RESTRICTED (TERM ENDOWMENTS), OR HELD IN PERPETUITY (TRUE ENDOWMENTS). EARNINGS ARE DRAWN IN ACCORDANCE WITH BOTH THE INSTITUTION'S INVESTMENT POLICIES AND MI UPMIFA STATUTES. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | ALL PAMPHLETS, BROCHURES AND RECRUITING MATERIALS CONTAIN THE FOLLOWING LANGUAGE, "ALBION COLLEGE IS COMMITTED TO A POLICY OF EQUAL OPPORTUNITY AND NON-DISCRIMINATION ON THE BASIS OF SEXUAL ORIENTATION AND OF RACE, COLOR, NATIONAL ORIGIN, RELIGION, SEX, AGE OR DISABILITY, AS PROTECTED BY LAW, IN ALL EDUCATIONAL PROGRAMS AND ACTIVITIES, ADMISSION OF STUDENTS AND CONDITIONS OF EMPLOYMENT." THE COLLEGE PROMOTES A COMMUNITY OF BELONGING. |
| SCHEDULE E, PART I, LINE 6 | TITLE IV AID FROM THE FEDERAL DEPARTMENT OF EDUCATION (SEOG, PELL, PERKINS LOANS, AND DIRECT LENDING LOANS) AND MICHIGAN GIFT AND MICHIGAN PROMISE FROM THE STATE OF MICHIGAN. |
| LINE 6: | ON MARCH 11, 2020, THE WORLD HEALTH ORGANIZATION DECLARED THE OUTBREAK OF A RESPIRATORY DISEASE CAUSED BY A NEW CORONAVIRUS A PANDEMIC, NOW KNOWN AS COVID-19. AS A RESULT, THE GLOBAL ECONOMY HAS BEEN NEGATIVELY AFFECTED, AND THE COLLEGE'S OPERATIONS WERE ALSO IMPACTED. TO OFFSET THE FINANCIAL IMPACT TO STUDENTS AND THE LOSSES INCURRED BY THE COLLEGE DUE TO THE DISRUPTION CAUSED BY COVID-19, THE FEDERAL GOVERNMENT HAS TAKEN SEVERAL ACTION PROVIDE ASSISTANCE DURING THE PANDEMIC THROUGH THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY (CARES) ACT, CORONAVIRUS RESPONSE AND RELIEF SUPPLEMENTAL APPROPRIATIONS ACT (CRSSA), AND THE AMERICAN RESCUE PLAN (ARP), WHICH WAS ALLOTTED FUNDING TO THE EDUCATIONAL STABILIZATION FUND THROUGH THE HIGHER EDUCATION EMERGENCY RELIEF FUND (HEERF). UNDER CARES, CRSSA, AND ARP, THE COLLEGE RECEIVED A TOTAL ALLOCATION OF APPROXIMATELY $4,200,000 FOR EMERGENCY AID TO STUDENTS, AND $5,333,000 FOR INSTITUTIONAL NEEDS. THE COLLEGE DISTRIBUTED STUDENT EMERGENCY GRANTS APPROXIMATELY $2,397,000 AND $1,831,000 DURING 2022 AND 2021, RESPECTIVELY. IN ADDITION, THE COLLEGE RECOGNIZED $2,514,000 AND $2,729,000 OF THE INSTITUTIONAL PORTION WHICH WAS RELATED TO OFFSET LOST REVENUE AND OTHER EXPENSES DIRECTLY ATTRIBUTABLE TO COSTS ARISING FROM COVID-19. IN ADDITION, THE COLLEGE WAS APPROVED ON JUNE 23, 2020, THE COLLEGE RECEIVED A PAYCHECK PROTECTION PROGRAM (PPP) TERM NOTE THROUGH FIRST NATIONAL BANK OF MICHIGAN OF APPROXIMATELY $6,008,000. THE NOTE WAS ISSUED PURSUANT TO THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY (CARES) ACT'S PAYCHECK PROTECTION PROGRAM. THE NOTE STRUCTURE REQUIRED COLLEGE OFFICIALS TO CERTIFY CERTAIN STATEMENTS THAT PERMITTED THE COLLEGE TO QUALIFY FOR THE LOAN AND PROVIDES LOAN FORGIVENESS FOR A PORTION UP TO ALL OF THE BORROWED AMOUNT IF THE COLLEGE USES THE LOAN PROCEEDS FOR THE PERMITTED LOAN PURPOSES DESCRIBED IN THE NOTE AGREEMENT; THE COLLEGE WAS NOTIFIED THAT THIS FUNDING WAS FORGIVEN ON JUNE 16, 2021 AT WHICH TIME THE COLLEGE RECOGNIZED THE OUTSTANDING BALANCE AS REVENUE WITHIN GOVERNMENT APPROPRIATE AND GRANTS ON THE STATEMENT OF ACTIVITIES. THE SEVERITY OF THE CONTINUED IMPACT DUE TO COVID-19 ON THE COLLEGE'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS WILL DEPEND ON A NUMBER OF FACTORS, INCLUDING, BUT NOT LIMITED TO, THE DURATION AND SEVERITY OF THE PANDEMIC AND THE EXTENT AND SEVERITY OF THE IMPACT ON THE COLLEGE'S COMMUNITY, ALL OF WHICH ARE UNCERTAIN AND CANNOT BE PREDICTED. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $0 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $0 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (7 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Non Cash AssistanceNonCashAssistanceAmt | Description Of Non Cash AsstDescriptionOfNonCashAsstTxt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|---|---|---|---|
| SCHOLARSHIPS | EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, | 1 | $26,400 | CHARGE AGAINST TUITION | $0 | N/A | N/A |
| SCHOLARSHIPS | EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU | 1 | $53,170 | CHARGE AGAINST TUITION | $0 | N/A | N/A |
| SCHOLARSHIPS | NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES | 2 | $57,570 | CHARGE AGAINST TUITION | $0 | N/A | N/A |
| SCHOLARSHIPS | SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, | 1 | $44,000 | CHARGE AGAINST TUITION | $0 | N/A | N/A |
| SCHOLARSHIPS | SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, | 1 | $51,400 | CHARGE AGAINST TUITION | $0 | N/A | N/A |
| SCHOLARSHIPS | MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, | 2 | $113,799 | CHARGE AGAINST TUITION | $0 | N/A | N/A |
| SCHOLARSHIPS | RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, | 7 | $356,010 | CHARGE AGAINST TUITION | $0 | N/A | N/A |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | GRANT FUNDS ARE NOT USED OUTSIDE THE UNITED STATES WITH THE POSSIBLE EXCEPTION OF TRAVEL COSTS INCURRED BY RESEARCHERS COLLABORATING WITH PEERS IN FOREIGN COUNTRIES. |
| PART III, COL (C): | ADMISSIONS MAINTAINS DATA TO TRACK RECIPIENTS BY COUNTRY. |
| PART III ACCOUNTING METHOD: |
Schedule G IRS990ScheduleG
Gaming Information GamingInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Revenue Other Gaming | $38,464 | GrossRevenueOtherGamingAmt |
| Cash Prizes Other Gaming | $3,500 | CashPrizesOtherGamingAmt |
| Oth Direct Expnss Other Gaming | $750 | OthDirectExpnssOtherGamingAmt |
| Volunteer Labor Other Gaming | Yes (1) | VolunteerLaborOtherGamingInd |
| Volunteer Labor Other Gaming | 1.00000 | VolunteerLaborOtherGamingPct |
| Gross Revenue Total Gaming | $38,464 | GrossRevenueTotalGamingAmt |
| Cash Prizes Total Gaming | $3,500 | CashPrizesTotalGamingAmt |
| Oth Direct Expnss Total Gaming | $750 | OthDirectExpnssTotalGamingAmt |
| Direct Expense Summary Gaming | $4,250 | DirectExpenseSummaryGamingAmt |
| Net Gaming Income Summary | $34,214 | NetGamingIncomeSummaryAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | MI | StatesWhereGamingConductedCd |
| Licensed | Yes (1) | LicensedInd |
| License Suspended Etc | 0 | LicenseSuspendedEtcInd |
| Gaming With Nonmembers | 0 | GamingWithNonmembersInd |
| Member Of Other Entity | 0 | MemberOfOtherEntityInd |
| Gaming Own Facility | 1.00000 | GamingOwnFacilityPct |
| Gaming Other Facility | 0.00000 | GamingOtherFacilityPct |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MELISSA WALTON | BusinessNameLine1Txt |
Persons With Books US Address PersonsWithBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 415 S HANNAH | AddressLine1Txt |
| City | ALBION | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct With3rd Prty For Game Rev | 0 | CntrctWith3rdPrtyForGameRevInd |
| Gaming Manager Person | MELISSA WALTON | GamingManagerPersonNm |
| Gaming Manager Services Prov | MELISSA WALTON IS THE ASSOCIATE ATHLETIC DIRECTOR FOR THE COLLEGE AND DOES NOT RECEIVE ANY COMPENSATION FOR RUNNING THE RAFFLE. | GamingManagerServicesProvTxt |
| Gaming Manager Is Employee | Yes (X) | GamingManagerIsEmployeeInd |
| Charitable Distribution Rqr | 0 | CharitableDistributionRqrInd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRIENDS OF THE BOHM THEATRE | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 S SUPERIOR STREET | AddressLine1Txt |
| City | ALBION | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49224 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 461255472 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $33,673 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Valuation Method Used | N/A | ValuationMethodUsedDesc |
| Non Cash Assistance | N/A | NonCashAssistanceDesc |
| Purpose Of Grant | SUPPORT OF LOCAL THEATER | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 1405 | RecipientCnt |
| Cash Grant | $59,654,775 | CashGrantAmt |
| Valuation Method Used | N/A | ValuationMethodUsedDesc |
| Non Cash Assistance | N/A | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANTS ARE PROCURED BY FACULTY WITH THE ASSISTANCE OF THE COLLEGE'S GRANT MANAGER. MONITORING IS DONE BY GRANTEE, GRANT MANAGER AND SENIOR ACCOUNTANT FOR COMPLIANCE. ACTIVITY IS AUDITED AND REPORTED ANNUALLY IN THE COLLEGE'S FINANCIAL STATEMENTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DR MATHEW JOHNSON | ||||||||||||||
| PRESIDENT-THRU DEC 2021 | $451,147 | $0 | $0 | $0 | $0 | $0 | $36,440 | $0 | $9,858 | $0 | $497,445 | $0 | $0 | $0 |
| HERNAN M BUCHELI | ||||||||||||||
| VP FOR ENROLLMENT-THRU MAY 2021 | $219,580 | $0 | $0 | $0 | $0 | $0 | $4,301 | $0 | $14,425 | $0 | $238,306 | $0 | $0 | $0 |
| LEROY WRIGHT | ||||||||||||||
| VP FOR STUDENT DEVELOPMENT | $197,422 | $0 | $0 | $0 | $0 | $0 | $11,205 | $0 | $8,973 | $0 | $217,600 | $0 | $0 | $0 |
| RON B MOURAD | ||||||||||||||
| PROVOST, VP FOR FACULTY | $142,313 | $0 | $0 | $0 | $0 | $0 | $42,495 | $0 | $12,905 | $0 | $197,713 | $0 | $0 | $0 |
| VICKI L BAKER | ||||||||||||||
| FACULTY | $172,491 | $0 | $0 | $0 | $0 | $0 | $8,078 | $0 | $9,253 | $0 | $189,822 | $0 | $0 | $0 |
| GARY R BLACK | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $144,255 | $0 | $0 | $0 | $0 | $0 | $27,000 | $0 | $7,798 | $0 | $179,053 | $0 | $0 | $0 |
| RAYMOND D BARCLAY | ||||||||||||||
| CHIEF PLANNING OFFICER | $155,549 | $0 | $0 | $0 | $0 | $0 | $11,000 | $0 | $563 | $0 | $167,112 | $0 | $0 | $0 |
| MARC M ROY | ||||||||||||||
| PROVOST, VP FOR FACULTY - FORMER | $106,659 | $0 | $0 | $0 | $0 | $0 | $5,648 | $0 | $13,667 | $0 | $125,974 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THE PRESIDENT IS REQUIRED TO LIVE ON CAMPUS AS A CONDITION OF EMPLOYMENT. THIS IS NOT TREATED AS A TAXABLE BENEFIT. THE PRESIDENT RECEIVES HOUSEKEEPING SERVICES BECAUSE OF SCHOOL RELATED FUNCTIONS CONDUCTED IN THE RESIDENCE. THIS IS NOT TREATED AS A TAXABLE BENEFIT. |
| PART I, LINE 4A | MARC ROY RECIEVED SEVERANCE IN THE AMOUNT OF 67,561 HERNAN BUCHELI RECIEVED SEVERANCE IN THE AMOUNT 128,333 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|
| MICHIGAN FINANCE AUTHORITY LIMITED OBLIGATION HIGHER EDUCATION FACILITIES | |||||||
| A | 800596186 | 2017-05-17 | $53,165,000 | TO REPLACE LETTER OF CREDIT WITH NON-BANK QUALIFIED TAX EXEMPT BOND | 0 | 0 | 0 |
| MICHIGAN FINANCE AUTHORITY LIMITED OBLIGATION REVENUE AND REVENUE REFUNDING | |||||||
| B | 800596186 | 2022-01-12 | $48,895,000 | REFINANCE PRIOR BOND | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | RetiredRetiredAmt | In Reserve FundInReserveFundAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt |
|---|---|---|---|---|---|---|---|---|---|
| A | $53,165,000 | 2017 | Yes (1) | 0 | Yes (1) | Yes (1) | |||
| B | $57,001,616 | 2022 | Yes (1) | 0 | Yes (1) | Yes (1) | $45,810,000 | $8,106,616 | $657,810 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | 0 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Business Name Line2HedgeProviderName/BusinessNameLine2Txt | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JPMORGAN CHASE | |||||||||||||
| A | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) | BANK NA | 14.000000000000 | 0 | 0 | 0 | 0 | Yes (1) |
| PNC BANK NA | |||||||||||||
| B | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) | ||
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $283,100 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 39 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,666,668 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | ESTIMATED FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | HORSES | Desc |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $90,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | THE ORGANIZATION REPORTS THE NUMBER OF CONTRIBUTIONS RECEIVED NOT THE NUMBER OF ITEMS. |
| PART I, LINE 32B: | THE ORGANIZATION SEEKS PROFESSIONAL ASSISTANCE, AS NEEDED, TO SELL NON-CASH CONTRIBUTIONS. |
| PART I, LINE 33: | THE ORGANIZATION DOES NOT REPORT REVENUES OR CORRESPONDING EXPENSE FOR COLLECTIONS OF ART OR BOOKS. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | MIKE HARRINGTON, SAMUEL SHAHEEN, WARNER, NORCROSS AND JUDD (J OTT) HAVE A BUSINESS RELATIONSHIP. |
| FORM 990, PART VI, SECTION B, LINE 11B | MEMBERS OF THE BUSINESS OFFICE PROCESS AND FORWARD THE 990 PREPARATION INFORMATION TO AN ELECTRONIC PREPARER AND THE DRAFT FORM 990 IS SENT TO ALL MEMBERS OF THE BOARD OF TRUSTEES AND ALL COLLEGE OFFICERS. THE FORM 990 REVIEW COMMITTEE, COMPRISED OF THE AUDIT AND COMPLIANCE COMMITTEE AND OTHER BOARD MEMBERS AS APPROPRIATE, CONDUCT A RIGOROUS REVIEW OF THE FORM 990. OTHER BOARD MEMBERS MAY SUBMIT REVIEW STATEMENTS TO THE FORM 990 REVIEW COMMITTEE. THIS COMMITTEE REPORTS CHANGES AND CLARIFICATIONS TO THE BUSINESS OFFICE AS NECESSARY. PRIOR TO SUBMISSION OF THE FORM 990 TO THE IRS, ALL MEMBERS OF THE BOARD OF TRUSTEES AND ALL COLLEGE OFFICERS RECEIVE A COPY OF THE FINAL VERSION OF THE FORM 990. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST DOCUMENT IS APPROVED BY THE AUDIT AND COMPLIANCE SUBCOMMITTEE ANNUALLY. THE APPROVED DOCUMENT IS THEN DISTRIBUTED TO BOARD MEMBERS, FACULTY, AND STAFF, AND ALL DOCUMENTS ARE COLLECTED PRIOR TO FINAL RELEASE OF THE 990 TO THE IRS. MEMBERS OF THE BOARD, PRESIDENT'S ADMINISTRATIVE COMMITTEE, FACULTY, AND STAFF WHO HAVE A CONFLICT OF INTEREST IN ANY MATTER SHALL REFRAIN FROM PARTICIPATING IN THE CONSIDERATION OF THE PROPOSED TRANSACTION. THE PERSON OR PERSONS INVOLVED WILL NOT VOTE ON SUCH MATTERS. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION FOR THE PRESIDENT IS REVIEWED ANNUALLY. COMPENSATION DETERMINATION PROCESS INCLUDED 1) REVIEW OF GROUP COMPENSATION, 2) ADVISEMENT FROM INDEPENDENT SEARCH CONSULTANT, 3) DISCUSSIONS OF PRESIDENTIAL SEARCH SUB-COMMITTEE OF THE BOARD OF DIRECTORS. OTHER OFFICERS AND KEY EMPLOYEES' COMPENSATION IS REVIEWED AT HIRING DATE. COMPENSATION DETERMINATION PROCESS INCLUDED 1) REVIEW OF PEER GROUP COMPENSATION, 2) ADVISEMENT FROM INDEPENDENT SEARCH CONSULTANTS, AND 3) CONSULTATION WITH PRESIDENTS OF OTHER HIGHER EDUCATION INSTITUTIONS. THE PRESIDENT'S COMPENSATION WAS LAST REVIEWED IN FISCAL YEAR ENDED 2022. |
| FORM 990, PART VI, SECTION C, LINE 19 | REQUESTS ARE FORWARDED TO THE ALBION COLLEGE BUSINESS OFFICE WHERE A PAPER COPY IS PROVIDED TO THE REQUESTEE WITHIN A FEW DAYS. |
| FORM 990, PART XI, LINE 9: | CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENTS 843,402. PENSION-RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST -142,472. TRANSFER FROM COLCHESTER PROPERTIES -26,445. |
| FORM 990, PART XII, LINE 2C: | THE OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRITON INVESTMENTS LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 611 EAST PORTER STREET | AddressLine1Txt |
| City | ALBION | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49224 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 271782807 | EIN |
| Primary Activities | REAL ESTATE HOLDING | PrimaryActivitiesTxt |
| Legal Domicile State | MI | LegalDomicileStateCd |
| Total Income | $0 | TotalIncomeAmt |
| End Of Year Assets | $489,168 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALBION COLLEGE | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLCHESTER PROPERTIES INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 611 EAST PORTER STREET | AddressLine1Txt |
| City | ALBION | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49224 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 382025320 | EIN |
| Primary Activities | REAL ESTATE HOLDING | PrimaryActivitiesTxt |
| Legal Domicile State | MI | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(2) | ExemptCodeSectionTxt |
| Public Charity Status | N/A | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALBION COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DOWNTOWN ALBION HOTEL | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 S SUPERIOR STREET | AddressLine1Txt |
| City | ALBION | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49224 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 472316965 | EIN |
| Primary Activities | HOTEL | PrimaryActivitiesTxt |
| Legal Domicile State | MI | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALBION COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | PARTNERSHIP | PredominantIncomeTypeTxt |
| Share Of Total Income | $166,005 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $2,850,757 | ShareOfEOYAssetsAmt |
| Disproportionate Allocations | 0 | DisproportionateAllocationsInd |
| General Or Managing Partner | 0 | GeneralOrManagingPartnerInd |
| Ownership | 0.53000 | OwnershipPct |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BRITON ACRES INC | ||||||||||||
| 611 EAST PORTER STREET | ALBION | MI | 49224 | 381361836 | REAL ESTATE HOLDING | MI | ALBION COLLEGE | C | 1.00000 | Yes (1) | ||
| WG CONSTRUCTION SERVICES LLC | ||||||||||||
| 101 S MONROE | ALBION | MI | 49224 | 862086670 | CONSTRUCTION | MI | ALBION COLLEGE | C | 1.00000 | Yes (1) | $149,450 | -$28,873 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
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