2021-05-17T07:51:03-05:00 2020-06-30 390758449 WIPFLI LLP 30 LONG CREEK DRIVE SOUTH PORTLAND ME 041062437 990 2019-07-01 010263385 THOMAS COLLEGE THOM 2078591111 180 WEST RIVER ROAD WATERVILLE ME 04901 JOAN PARKER-LOW CFO 2078591111 2021-05-14 1 PATRICK NICHOLAS CPA P00289567 2077745701 2021-05-14 2019 2022-09-23 18:48:47Z LAURIE LACHANCE 180 WEST RIVER ROAD WATERVILLE ME 04901 37540553 0 3913 X WWW.THOMAS.EDU X 1894 ME THOMAS COLLEGE PREPARES STUDENTS FOR SUCCESS IN THEIR PERSONAL AND PROFESSIONAL LIVES, AND FOR LEADERSHIP AND SERVICE IN THEIR COMMUNITIES. THOMAS PROVIDES A SUPPORTIVE LEARNING ENVIRONMENT THAT VALUES THE NEEDS AND GOALS OF INDIVIDUAL STUDENTS. 21 20 420 0 0 0 4958808 6031264 27005410 24734974 1066380 1242934 257558 324492 33288156 32333664 9706142 10227852 0 0 11776735 12575780 180159 162000 828202 8521271 6719313 30184307 29684945 3103849 2648719 75197544 77306149 17167351 16734291 58030193 60571858 X THOMAS COLLEGE PREPARES STUDENTS FOR SUCCESS IN THEIR PERSONAL AND PROFESSIONAL LIVES, AND FOR LEADERSHIP AND SERVICE IN THEIR COMMUNITIES. THOMAS PROVIDES A SUPPORTIVE LEARNING ENVIRONMENT THAT VALUES THE NEEDS AND GOALS OF INDIVIDUAL STUDENTS. AT THOMAS, STUDENTS DISCOVER AND FULFILL THEIR UNIQUE POTENTIAL. EACH PROGRAM AT THE COLLEGE PROMOTES PROFESSIONAL EXCELLENCE, INFORMED BY ETHICS AND INTEGRITY. 0 0 26289034 10227852 24892350 INSTRUCTION - UNDERGRADUATE AND GRADUATE EDUCATION OFFERING ASSOCIATES, BACHELOR AND MASTERS DEGREE PROGRAMS CONCENTRATING IN BUSINESS, EDUCATION, TECHNOLOGY, CRIMINAL JUSTICE AND PSYCHOLOGY TO APPROXIMATELY 900 FULL-TIME STUDENTS AND 180 PART-TIME. 26289034 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 0 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 80 0 1 420 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 ME X JOAN PARKER-LOW 2078591111 180 WEST RIVER ROAD WATERVILLE ME 04901 CONRAD AYOTTE CO-CHAIRPERSON 1.00 X X 0 0 0 TODD SMITH CO-CHAIRPERSON 1.00 X X 0 0 0 BRIAN BERNATCHEZ 1ST VICE CHAIR 1.00 X X 0 0 0 DOUGLAS CUTCHIN 2ND VICE CHAIR 1.00 X X 0 0 0 KENNETH VIENS SECRETARY 1.00 X X 0 0 0 CLIFFORD ABBOTT JR TRUSTEE 1.00 X 0 0 0 MICHAEL DAPPOLONIA TRUSTEE 1.00 X 0 0 0 JIM DOYLE TRUSTEE 1.00 X 0 0 0 WILLIAM DUBAY TRUSTEE 1.00 X 0 0 0 HOLLY D FERGUSON TRUSTEE 1.00 X 0 0 0 ROBIN GOODWIN TRUSTEE 1.00 X 0 0 0 CHARLES JOHNSON TRUSTEE 1.00 X 0 0 0 MEREDITH JONES TRUSTEE 1.00 X 0 0 0 DANIELLE MARQUIS TRUSTEE 1.00 X 0 0 0 JOSEPH B MOORE TRUSTEE 1.00 X 0 0 0 CARY OLSON-CARTWRIGHT TRUSTEE 1.00 X 0 0 0 DORCAS RILEY TRUSTEE 1.00 X 0 0 0 GREGORY SAVARD TRUSTEE 1.00 X 0 0 0 KELLEY B SHIMANSKY TRUSTEE 1.00 X 0 0 0 RICHARD SPELLMAN TRUSTEE 1.00 X 0 0 0 LAURIE LACHANCE PRESIDENT 40.00 X X 259842 0 55240 BERNARD OUELLETTE EXECUTIVE VICE PRESIDENT 40.00 X 202996 0 49047 BETH GIBBS TREASURER 40.00 X 150256 0 20777 THOMAS EDWARDS VP ACADEMIC AFFAIRS 40.00 X 149316 0 35818 ROBERT MOORE VP INSTITUTIONAL ADVANCEMENT 40.00 X 127303 0 6913 CHRISTOPHER RHODA VP FOR INFORMATION SERVICES 40.00 X 124120 0 42475 LISA DESAUTELS-POLIQUIN VP FOR STUDENT AFFAIRS 40.00 X 118772 0 18466 DONALD CRAGEN PROFESSOR 40.00 X 124549 0 16437 ERIN BALTES INTERIM VP ADVANCEMENT 40.00 X 106706 0 7476 FRANK APPUN PROFESSOR 40.00 X 120927 0 17974 RYAN WHEATON ASSISTANT PROFESSOR 40.00 X 102803 0 38124 1587590 0 308747 11 0 1 0 SODEXO INC & AFFILIATES 200 FIFTH AVENUE 4TH FLOOR WALTHAM MA 02451 DINING SERVICES 1458266 JS MCCARTHY 15 DARIN DRIVE AUGUSTA ME 043309479 PRINTING 252208 SMRT INC PO BOX 824885 PHILADELPHIA PA 191824885 CAPITAL PROJECT 209241 PASKILL STAPLETON & LORD ONE ROBERTS AVE GLENSIDE PA 190383497 MARKETING/STUDENT SEARCH 182858 COMMUNITY COUNSELLING SERVICES PO BOX 824885 PHILADELPHIA PA 191824885 CAMPAIGN COUNSELING 162000 6 16905 3958331 2056028 371483 6031264 TUITION AND FEES 611600 24575286 24575286 SUMMER PROGRAMS 611600 159688 159688 24734974 676350 676350 29583 0 29583 29583 29583 5741537 5174953 566584 566584 566584 158364 16905 31936 126428 126428 OTHER FEES AND CHARGES 611600 157376 157376 BOOKSTORE 451211 11105 11105 168481 32333664 24892350 0 1410050 10227852 10227852 1057508 185134 738158 134216 9202919 7978629 929475 294815 333447 54487 227241 51719 1372392 1367902 4490 609514 478303 101134 30077 162000 162000 245128 56340 181438 7350 306289 304091 2198 265753 150920 114833 3966 477 886 2603 51307 44860 6197 250 403257 402872 385 1949043 1949043 77775 24917 52858 FOOD SERVICE 1021891 1021891 ATHLETICS 246541 235851 10690 RECRUITING 226879 193519 16477 16883 UTILITIES 222233 189556 16140 16537 1699251 1422390 165109 111752 29684945 26289034 2567709 828202 194359 349973 6854367 8783913 4439910 4099494 568810 442479 623744 476771 18017 15877 123878 155289 65971953 24972974 42245860 40998979 20071332 21925632 57267 57742 75197544 77306149 2132041 1790087 394189 404502 9614776 9442289 71200 3499095 3264924 1527250 1761289 17167351 16734291 X 38102140 39323387 19928053 21248471 58030193 60571858 75197544 77306149 X 2648719 360295 -467349 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 96200 25000 71200 1 13670652 512280 1035128 441450 14776610 12430590 587646 1073866 421450 13670652 11343763 268976 1225330 407479 12430590 10150814 190173 1389176 386400 11343763 10510829 332153 -325295 366873 10150814 0.00000 1.00000 0.00000 0 0 1871985 1871985 36366320 10065609 26300711 22398729 10087825 12310904 5334919 4819540 515379 40998979 DUE TO FEDERAL GOV'T PERKINS LOANS 482205 STUDENT DEPOSITS 128450 ASSET RETIREMENT OBLIGATION 384500 INTEREST RATE SWAP 766134 1761289 22783746 360295 31936 392231 22391515 9942149 9942149 32333664 19774732 31936 31936 19742796 9942149 9942149 29684945 PART V, LINE 4: THE ENDOWMENT FUNDS ARE HELD IN PERPETUITY WITH THE INCOME BEING USED PRIMARILY FOR THE PURPOSE OF PROVIDING SCHOLARSHIPS TO STUDENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 31,936. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID 9,942,149. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 31,936. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID 9,942,149. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THOMAS COLLEGE PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY ON ALL ADMISSIONS APPLICATIONS, COURSE CATALOGS AND ON-LINE ADMISSIONS MATERIAL. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES FUNDS FROM VARIOUS PROGRAMS OF THE UNITED STATES DEPARTMENT OF EDUCATION, SUCH AS THE FEDERAL PERKINS LOAN PROGRAM, THE FEDERAL WORK STUDY PROGRAM, AND THE FEDERAL PELL PROGRAM. THESE FUNDS ALLOW THE COLLEGE TO HELP STUDENTS TO FINANCE THE COST OF THEIR EDUCATION. X X X X 1 COMMUNITY COUNSELLING SERVICES PO BOX 824885 PHILADELPHIA PA 191824885 CONSULTING 0 0 162000 0 162000 GOLF TOURNAMENT 175269 16905 158364 10000 3829 1250 16857 175269 16905 158364 10000 3829 1250 16857 31936 126428 1 SCHOLARSHIPS AND AID 749 9942149 SCHOLARSHIPS HIGHER ED. EMERGENCY RELIEF FUNDS 450 285703 PART I, LINE 2: THE COLLEGE'S FINANCIAL AID OFFICE AWARDS SCHOLARSHIPS TO STUDENTS BASED ON ESTABLISHED FEDERAL AND COLLEGE POLICIES. AWARDS ARE CREDITED TO THE STUDENTS' ACCOUNT AT THE COLLEGE AS CREDITS TO TUITION AND OTHER FEES. X 1 1 X X X 0 0 0 0 0 0 0 0 0 LAURIE LACHANCE PRESIDENT 259842 0 0 0 0 0 16954 0 38286 0 315082 0 0 0 BERNARD OUELLETTE EXECUTIVE VICE PRESIDENT 192996 0 10000 0 0 0 12162 0 36885 0 252043 0 0 0 BETH GIBBS TREASURER 150256 0 0 0 0 0 9535 0 11242 0 171033 0 0 0 THOMAS EDWARDS VP ACADEMIC AFFAIRS 149316 0 0 0 0 0 10270 0 25548 0 185134 0 0 0 CHRISTOPHER RHODA VP FOR INFORMATION SERVICES 124120 0 0 0 0 0 8933 0 33542 0 166595 0 0 0 A MAINE HEALTH & HIGHER ED MHHEFA 2014A 010314384 560427W77 2014-07-01 3502120 RESIDENCE HALL 0 0 1 B MAINE HEALTH & HIGHER ED MHHEFA 2010B 010314384 560427JA5 2010-06-24 1560000 BUILDINGS 0 0 1 C CITY OF WATERVILLE 016000037 000000000 2015-07-16 4507500 RESIDENCE HALL 0 0 0 D FINANCE AUTHORITY OF MAINE 010392006 000000000 2015-07-16 3342500 RESIDENCE HALL 0 0 0 A 902120 3502120 266706 40516 3194898 1 0 1 1 B 1206789 1681789 178862 38067 1464860 1 0 1 1 C 853226 4507500 69050 4438450 0 0 1 1 D 612601 3342500 78178 3264322 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 PART II, LINE 3B FOR MAINE HEALTH & HIGHER ED MHHEFA 2010B, THE DIFFERENCE BETWEEN ISSUE PRICE AND GROSS PROCEEDS IS DUE TO A BOND ISSUANCE PREMIUM. X 4 371483 MARKET 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - THE 990 IS PREPARED BY THE OUTSIDE ACCOUNTING FIRM AND REVIEWED BY MANAGEMENT. THE FINANCE COMMITTEE APPROVES THE 990. A COPY IS PROVIDED TO EACH BOARD MEMBER AT THE JANUARY MEETING FOR REVIEW, PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD OF TRUSTEE MEMBER IS PROVIDED WITH THE ORGANIZATION'S WRITTEN CONFLICT OF INTEREST POLICY. TRUSTEE MEMBERS ARE ASKED TO DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. SHOULD A MATTER ARISE IN WHICH A TRUSTEE HAS A CONFLICT, HE/SHE WILL RECUSE THEMSELVES FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES USES COLLEGE AND UNIVERSITY SURVEY DATA AS WELL AS A REVIEW OF PERFORMANCE WHEN THEY VOTE ON COMPENSATION FOR THE PRESIDENT. THE PRESIDENT USES COMPARATIVE DATA AS WELL AS A REVIEW OF PERFORMANCE IN DETERMINING COMPENSATION FOR OTHER OFFICERS OR KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THOMAS C0LLEGE PROVIDES POLICIES AND FINANCIAL STATEMENTS UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST RATE SWAP -467,349. ROUNDING THOMAS COLLEGE FOUNDATION 180 WEST RIVER ROAD WATERVILLE ME 04901 010539159 DORMANT ME 501(C)(3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0