2021-05-17T16:09:19-05:00 2020-06-30 381357951 PLANTE & MORAN PLLC 750 TRADE CENTRE WAY STE 300 PORTAGE MI 49002 990 2019-07-01 382025320 COLCHESTER PROPERTIES INC C/O ALBION COLLEGE COLC 5176290540 611 EAST PORTER STREET ALBION MI 49224 MARK S HOLBROOK TREASURER 5176290540 2021-05-14 1 LISA FORT P00223532 2695674500 2021-05-11 2019 2022-09-23 18:48:47Z MARK S HOLBROOK 611 EAST PORTER STREET ALBION MI 49224 77055 0 X N/A X 1972 MI 501(C)(2) COLCHESTER PROPERTIES, INC. IS A REAL ESTATE HOLDING COMPANY FOR ALBION COLLEGE. ITS PURPOSE IS TO ACQUIRE PROPERTY ADJACENT TO ALBION COLLEGE PROPERTY FOR POSSIBLE FUTURE DEVELOPMENT AND EXPANSION OF THE COLLEGE. HELD PROPERTIES, IF POSSIBLE, ARE RENTED TO MEMBERS OF THE COMMUNITY, IF NOT SUITABLE THE STRUCTURES ARE RAZED AND HELD AS VACANT LAND. 4 0 0 0 0 0 0 0 93610 52055 22 20000 0 0 93632 72055 0 0 0 0 0 0 0 0 0 144256 122758 144256 122758 -50624 -50703 713352 656247 1421676 1396632 -708324 -740385 X COLCHESTER PROPERTIES, INC. IS A REAL ESTATE HOLDING COMPANY FOR ALBION COLLEGE. ITS PURPOSE IS TO ACQUIRE PROPERTY ADJACENT TO ALBION COLLEGE PROPERTY FOR POSSIBLE FUTURE DEVELOPMENT AND EXPANSION OF THE COLLEGE. HELD PROPERTIES, IF POSSIBLE, ARE RENTED TO EMPLOYEES AND MEMBERS OF THE COMMUNITY, IF NOT SUITABLE THE STRUCTURES ARE RAZED AND HELD AS VACANT LAND. 0 0 HOLDING COMPANY FOR ALBION COLLEGE. PROPERTIES ARE RENTED WHERE POSSIBLE AND IF NOT SUITABLE BUILDINGS ARE RAZED AND LAND IS HELD FOR FUTURE DEVELOPMENT FOR THE COLLEGE. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 4 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X MARK HOLBROOK 5176290540 611 EAST PORTER STREET ALBION MI 49224 DEANNA S MCCORMICK PRESIDENT 1.00 45.00 X X 0 233293 0 DOUGLAS E LADITKA ASSISTANCE VICE PRESIDENT 1.00 45.00 X X 0 134403 0 MARK S HOLBROOK TREASURER 1.00 45.00 X X 0 95000 9000 RUTH REESE SECRETARY 1.00 45.00 X X 0 58149 1596 0 520845 10596 24 0 1 0 BON APPETIT MANAGEMENT CO 100 HAMILTON AVENUE SUITE 300 PALO ALTO CA 94301 FOOD SERVICE 5020357 CONSUMERS ENERGY 530 S WILLOW PO BOX 30162 LANSING MI 489090001 UTILITIES PROVIDER 1448434 GCA EDUCATION SERVICES INC 1350 EUCLID AVENUE SUITE 1500 CLEVELAND OH 44115 CUSTODIAL SERVICE 1119637 MICHAEL KINDER & SONS INC 5206 DECATUR RD FORT WAYNE IN 46806 CONSTRUCTION 800743 EIIA INC STUDENT TRUST 200 S WACKER DRIVE S CHICAGO IL 60606 INSURANCE 655548 28 RENTAL INCOME 531110 52055 52055 52055 25000 5000 20000 20000 20000 72055 52055 0 20000 332 18992 52105 PROPERTY TAXES 50939 MAINTENANCE, REPAIRS & 390 122758 1767254 1111007 713352 656247 713352 656247 1407 1431 675 675 1419594 1394526 1421676 1396632 X -708324 -740385 -708324 -740385 713352 656247 X -50703 18642 X X 0 1 X 1 0 351080 351080 1366920 1061753 305167 49254 49254 0 656247 DUE TO ALBION COLLEGE 1394526 1394526 72055 0 72055 0 72055 104116 0 104116 18642 18642 122758 PART XII, LINE 4B - OTHER ADJUSTMENTS: TRANSFER SUPPORT FROM RELATED PARTY 18,642. 0 0 0 DEANNA S MCCORMICK PRESIDENT 0 233293 0 0 0 0 0 0 0 0 0 233293 0 0 PART I, LINE 3 THE PRESIDENT WAS COMPENSATED BY A RELATED ORGANIZATION, AND THEREFORE NONE OF THE LINE 3 BOXES HAVE BEEN CHECKED. THE RELATED ORGANIZATION USED THE FOLLOWING METHODOLOGIES TO ESTABLISH THE COMPENSATION OF THE PRESIDENT OF THE FILING ORGANIZATION: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B OFFICERS REVIEWED THE RETURN PRIOR TO SUBMITTING IT TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THROUGH THE COLLEGE, WE COMPLETE ANNUAL CONFLICT OF INTEREST DOCUMENTATION. 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 C, LINE 19 ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: TRANSFER SUPPORT FROM RELATED PARTY 18,642. FORM 990, PART XII, LINE 2C: THE PROCESS FOR THE OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR. ALBION COLLEGE 611 EAST PORTER ALBION MI 49224 381359081 HIGHER EDUCATION MI 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1