2022-05-13T15:23:45-07:00 2021-06-30 990 2020-07-01 901113280 GREEN MOUNTAIN HIGHER EDUCATION CONSORTIUM INC GREE 8024432304 120 GRAHAM WAY SUITE 120 SHELBURNE VT 05482 Robert Robinson President 8026542524 2022-05-13 0 11 1 AAL2 X 2020 2022-09-23 18:48:47Z ROB ROBINSON ONE WINOOSKI PARK COLCHESTER VT 05439 6372980 0 X www.gmhec.org X 2014 VT To create and foster collaborative opportunities by serving as an agent for economic and educational initiatives that bring value to all. This partnership is determined to find ways to reduce administrative costs and improve services common to all institutions. 7 3 19 0 0 0 6852056 6209559 189294 163421 0 0 0 0 7041350 6372980 0 0 0 0 1099022 1504200 0 0 0 5765032 4641413 6864054 6145613 177296 227367 1397399 1891239 1010060 1698222 387339 193017 X Higher Education Consortium that helps reduce costs, while increasing service levels and efficiencies. 1 0 3915944 0 0 Completion of implementation of human resource management software for and with the member institutions. 508945 0 0 Providing support for HCM and finance software for the member institutions. 1130123 0 28718 Implementing and providing shared services (Payroll, Accounts Payable, Procurement, and Benefits) for the member institutions. 173020 0 203600 Providing employee wellbeing programming for the employees of the member institutions. 173020 0 203600 5728032 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 24 0 1 19 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 3 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X Corinna Noelke 8024432304 120 Graham Way Suite 120 Shelburne VT 05482 David J Provost President 5 X 0 419890 92240 Shelley Navari Treasurer 5 X 0 200796 62170 Rob S Robinson Secretary 5 X 0 150635 37070 Corinna M Noelke Executive Director 40 X 155263 0 12215 Jon Wettstein Board Member 1 X 0 0 0 Maureen Usifer Board Member 1 X 0 0 0 Caroline McBride Board Member 1 X 0 0 0 155263 771321 203695 1 0 1 0 Lockstep Technology Group 190 Technology Pkwy Suite 125 Peachtree Corners GA 30092 Consulting 220229 Mahendran Jawaharlal 17670 Circle Pond Ct Boca Raton FL 33496 Consulting 167602 Julie Dederer 297 Billings Farm Rd Hinesburg VT 05461 Project management 157613 John V Cleary 31 Whiteface St South Burlington VT 05403 Consulting 129222 4 X 0 0 0 6064014 135545 10000 0 6209559 Rebate Income 900099 143407 143407 0 0 Gift Revenue 900099 20014 20014 0 0 0 0 0 0 163421 0 0 0 0 0 0 6372980 163421 0 0 152345 152345 1025079 964914 60165 48296 36079 12217 187824 184218 3606 90656 71342 19314 31617 4183 27434 9847 9157 690 21306 17710 3596 6616 6616 63086 63086 5050 5050 1986 1761 225 9004 9004 Contracted services 3127308 3083397 43911 0 Software 1356731 1349919 6812 0 8862 302 8560 0 6145613 5728032 417581 0 443468 37944 909610 1661080 0 189063 44321 3152 1397399 1891239 797028 1641153 135545 0 77487 57069 1010060 1698222 X 0 0 0 0 387339 193017 387339 193017 1397399 1891239 227367 0 0 0 -421689 0 X 0 0 0 X X 4 President & Fellows of Middlebury College 030179298 2 0 2897466 0 Champlain College 030220266 2 0 1788010 0 Saint Michael's College 030179403 2 0 1378697 0 3 6064173 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Schedule A, Part IV, Section A, Line 1 The Articles of Incorporation of Green Mountain Higher Education Consortium, Inc. (GMHEC) do not identify the supported organization by name rather than class. The Articles of Incorporation of GMHEC identify the "supported organizations" by class. Article six of the Articles of Incorporation expressly provides that the corporation is organized and shall be operated exclusively for the benefit of, to perform the function of and to carry out the exclusively charitable, educational, and other exempt purposes of institutions of higher learning or educational organizations in the State of Vermont described in section 509(a)(1) or 509(a)(2) of the Internal Revenue Code of 1986. The identification of the supported organizations of GMHEC by class is analogous. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Refundable Deposits 57069 57069 X X X 0 0 0 0 0 0 0 0 0 David J Provost President 0 359255 0 0 0 60635 0 59780 0 32460 0 512130 0 Shelley Navari Treasurer 0 200796 0 0 0 1301 0 12554 0 48315 0 262966 Rob S Robinson Secretary 0 150635 0 0 0 0 0 4741 0 32330 0 187706 0 Corinna M Noelke Executive Director 155263 0 0 0 0 0 9273 0 2942 0 167478 0 Form 990, Part III, Line 2 Implementation of benefits and payroll shared services. The consortium has taken on all benefits and payroll administration services for its members. In addition to this, the consortium started to provide support for HCM and finance software for the member institutions. Form 990, Part VI, Section A, Line 6 See Form 990 Schedule A part VI Form 990, Part VI, Section A, Line 7a See Form 990 Schedule A part VI Form 990, Part VI, Section B, Line 11b Executive Director's office prepared the Form 990. It was reviewed by the Treasurer and all board members receive the Form 990 via e-mail. After President signs, form 990 is sent to the IRS. Form 990, Part VI, Section B, Line 12c On an annual basis, the Consortium asks all Board Members to re-certify that there is no conflict of interest. Form 990, Part VI, Section B, Line 15 For all employees, the state's department of labor statistics are used to properly classify a position. In addition, other survey data for the area is being used to determine appropriate compensation based on job description and location. For the organization's officers and key employees, compensation as reported on Form 990 by similar organizations are also taken into account. Form 990, Part VI, Section C, Line 19 No documents available to the public. Form 990, Part VIII, Line 1e The Consortium reported $135,545 of government grant revenue representing the forgiveness of a US Small Business Administration loan originally received in 2020 under the Paycheck Protection Program. President and Fellows of Middlebury College 152 Maple Street Controllers Office Middlebury VT 05753 030179298 Educational Mission VT Line 2 N/A 0 Champlain College 163 South Willard Street Burlington VT 05401 030220266 Educational Mission VT Line 2 N/A 0 Saint Michael's College One Winooski Park Colchester VT 05439 030179403 Educational Mission VT Line 2 N/A 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 President and Fellows of Middlebury College l 2315798 By usage Champlain College l 1598345 By usage Saint Michael's College l 967509 By usage Schedule R, Part V, Line 1l The Consortium provided services to all related organizations in the form of procurement and contract negotiations, by performing all Accounts Payable, Payroll, Benefits, and ERP Support functions on behalf of the members as well as project management for the implementation of an ERP system. Schedule R, Part V, Line 1m All related organizations provide information technology services to the Consortium such as website and Google suite hosting, information security, secure video conferencing, phone system and maintenance, network and firewall provision and monitoring, single-sign on administration, personal computer setup and helpdesk provision. Schedule R, Part V, Line 1p Expenses paid by the related organizations are reimbursed in the form of a credit to the management fees charged by the Consortium to the related organizations. Schedule R, Part V, Line 1q Expenses paid by the Consortium are reimbursed in the form of management fees paid by the related organizations.