2020-05-11T10:35:10-05:00 2019-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2018-07-01 042321292 PINE MANOR COLLEGE PINE 6177317098 400 HEATH STREET CHESTNUT HILL MA 02467 THOMAS O'REILLY PRESIDENT 6177317098 2020-05-11 1 THOMAS WASHBURN CPA P00537319 5083669100 2020-05-11 40.70.31.102 2020-05-11 10:11:54 ED P DD4E7B209644E916744C6AD2A8F749A4D1C29958 2DDD31951ED2AB8CB25029F66ABAED5153B45454 2018 2020-11-19 02:30:22Z THOMAS O'REILLY 400 HEATH STREET CHESTNUT HILL MA 02467 27630189 0 X WWW.PMC.EDU X 1911 MA THE MISSION OF PINE MANOR COLLEGE IS TO MAKE CERTAIN THAT ALL GRADUATES ARE PREPARED TO TAKE MEANINGFUL STEPS IN THEIR LIVES: ENGAGING IN NEW JOBS AND CAREERS, CONTINUING TO LEARN, AND POSITIVELY CONTRIBUTING TO THEIR COMMUNITIES. STUDENTS, INCLUDING THOSE WHO ARE THE FIRST IN THEIR FAMILIES TO ATTEND COLLEGE, WHO ARE LOOKING FOR A PURPOSEFUL EDUCATION IN A PERSONALIZED AND INCLUSIVE LEARNING COMMUNITY, WILL FIND A HOME AT PINE MANOR COLLEGE. 11 10 325 15 752345 0 1101893 2266165 20498601 19045069 508615 1325794 707625 477411 22816734 23114439 5495361 5358480 0 0 7670958 8010895 0 0 514888 9875579 9660320 23041898 23029695 -225164 84744 27005411 26586218 10734182 10060257 16271229 16525961 X THE MISSION OF PINE MANOR COLLEGE IS TO MAKE CERTAIN THAT ALL GRADUATES ARE PREPARED TO TAKE MEANINGFUL STEPS IN THEIR LIVES: ENGAGING IN NEW JOBS AND CAREERS, CONTINUING TO LEARN, AND POSITIVELY CONTRIBUTING TO THEIR COMMUNITIES. STUDENTS, INCLUDING THOSE WHO ARE THE FIRST IN THEIR FAMILIES TO ATTEND COLLEGE, WHO ARE LOOKING FOR A PURPOSEFUL EDUCATION IN A PERSONALIZED AND INCLUSIVE LEARNING COMMUNITY, WILL FIND A HOME AT PINE MANOR COLLEGE. 0 0 19184264 5358480 19405987 THE COLLEGE PROVIDES AN UNDERGRADUATE LIBERAL ARTS EDUCATION AND A GRADUATE DEGREE IN FINE ARTS. TOTAL ENROLLMENT IS 406 STUDENTS. 19184264 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 61 0 1 325 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X THOMAS O'REILLY 6177317098 400 HEATH STREET CHESTNUT HILL MA 02467 ROBERT UTZSCHNEIDER CHAIR 8.00 X X 0 0 0 TIMOTHY ALLEN TRUSTEE 6.00 X 0 0 0 PETER ALCOCK TRUSTEE 2.00 X 0 0 0 DOROTHY KEE TRUSTEE 2.00 X 0 0 0 MARGARET KRIPPENDORF TRUSTEE 2.00 X 0 0 0 ANDREW EVANS TRUSTEE 4.00 X 0 0 0 LISE LEIST VICE-CHAIR 3.00 X X 0 0 0 DOROSELLA KALUMA TRUSTEE 2.00 X 0 0 0 ELIZABETH ADJEI TRUSTEE 2.00 X 0 0 0 ANDREW SHAFTER TRUSTEE 2.00 X 0 0 0 THOMAS M O'REILLY PRESIDENT 40.00 X X 300000 0 18474 DIANE MELLO-GOLDNER DEAN OF COLLEGE 40.00 X 130000 0 1300 JANINE DAILEY VP ADVANCEMENT 40.00 X 140000 0 15474 SHELLEY DROPKIN DIRECTOR OF HR 40.00 X 103000 0 16504 673000 0 51752 5 0 1 0 ALADDIN FOOD MANAGEMENT 2400 ANSYS DRIVE SUITE 404 CANONSBURG PA 15317 FOOD SERVICES 1410684 DTZ INC 131 DUMMER STREET BROOKLINE MA 02446 CLEANING COMPANY 531230 SECURITAS SECURITY ONE HARBOR STREET SUITE 301 BOSTON MA 02210 CAMPUS SECURITY 443178 LASELL COLLEGE 1844 COMMONWEALTH AVENUE NEWTON MA 02466 TECHNOLOGY SERVICES 369161 BEACON HILL RESTORATION 74 SUMMER STREET HOLLISTON MA 01746 GENERAL CONTRACTOR 227875 5 18188 2247977 18856 2266165 TUITION AND FEES 900099 11221781 11221781 RENTAL 900099 3017369 3017369 AUXILIARY ENTERPRISES 900099 2825726 2825726 EDUCATIONAL SERVICES 611710 1283781 1283781 CHILD CARE SERVICES 624410 696412 696412 19045069 159222 159222 466010 410077 55933 55933 55933 3737745 1534500 3468106 637567 269639 896933 1166572 1166572 OTHER 900099 421478 421478 421478 23114439 18770135 752345 1325794 5358480 5358480 318474 191084 127390 6361352 5419388 746902 195062 848803 675755 124508 48540 482266 375766 75399 31101 66548 66548 271437 271437 1584527 856306 682951 45270 106985 2345 100425 4215 455852 381467 54436 19949 2520263 2263196 228574 28493 136868 126393 9201 1274 139150 22450 116416 284 370260 332493 33581 4186 148407 2446 145961 PLACEMENT FEES 1455139 1455139 ROOM AND BOARD 1378700 1363340 13694 1666 MISCELLANEOUS 295804 94904 200351 549 BAD DEBT 216994 46714 170280 513386 407682 98795 6909 23029695 19184264 3330543 514888 545370 227261 65447 0 355602 1095695 331660 657223 159707 122709 44658401 30059324 15037672 14599077 6875382 6874219 2732408 2747487 902163 262547 27005411 26586218 1735671 2097586 1131881 990778 5178894 4938948 2427252 1660897 260484 372048 10734182 10060257 X 4626030 4663529 1440237 1654970 10204962 10207462 16271229 16525961 27005411 26586218 X 84744 234387 -64399 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10677627 40306 662743 652000 10728676 10907923 48255 449127 727678 10677627 10967830 51636 394564 506107 10907923 10961905 58614 360311 413000 10967830 11299266 66043 20596 424000 10961905 0.95500 0.04500 0 0 376268 376268 29914753 18613780 11300973 2766649 599148 2167501 11591638 10846396 745242 9093 9093 14599077 FIXED INCOME BONDS, GOVERNMENT OBLIGATIONS AND MUTUAL FUNDS 2747487 F 2747487 ANNUITY PAYMENT OBLIGATION 46266 ASSET RETIREMENT OBLIGATION 220975 CAPITAL LEASE OBLIGATION 104807 372048 X 18336024 234387 -64399 169988 18166036 4948403 4948403 23114439 18081292 410077 410077 17671215 5358480 5358480 23029695 PART V, LINE 4: PERMANENTLY RESTRICTED NET ASSETS REPRESENT AMOUNTS RECEIVED FROM DONORS WITH STIPULATION THAT THE PRINCIPAL WILL BE HELD IN PERPETUITY AND ONLY THE INVESTMENT INCOME CAN BE SPENT. PART X, LINE 2: UNCERTAINTY IN INCOME TAXES THE COLLEGE ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE COLLEGE HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS AT JUNE 30, 2019. THE COLLEGE'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED LOSS ON CARRYING VALUE OF INTEREST RATE SWAP CONTRACT -64,399. PART XI, LINE 4B - OTHER ADJUSTMENTS: PINE MANOR'S PORTION OF STUDENT AID 5,358,480. DIRECT SPECIAL EVENT RENTAL EXPENSE -410,077. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT RENTAL EXPENSE 410,077. PART XII, LINE 4B - OTHER ADJUSTMENTS: PINE MANOR'S PORTION OF STUDENT AID 5,358,480. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 A STATEMENT OF PINE MANOR COLLEGE'S NONDISCRIMINATORY POLICY REGARDING STUDENTS IS CONTAINED IN THE COLLEGE'S CATALOGS, BROCHURES, ETC., WHICH ARE AVAILABLE UPON REQUEST. SCHEDULE E, PART I, LINE 6 PINE MANOR COLLEGE RECEIVES AND PARTICIPATES IN VARIOUS GOVERNMENTAL FINANCIAL AID ASSISTANCE PROGRAMS COMMON TO COLLEGES AND UNIVERSITIES SUCH AS NATIONAL DIRECT STUDY LOAN PROGRAM, TITLE II LIBRARY GRANT PROGRAM, BASIC EDUCATIONAL OPPORTUNITY GRANTS, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, AND WORK STUDY PROGRAMS. 1 PINE MANOR'S PORTION OF INTERNAL AID 281 5358480 FMV STUDENT AID PART I, LINE 2: THE COLLEGE RECORDS AND TRACKS GRANTS AND ASSISTANCE. X 0 0 0 0 0 0 0 0 0 THOMAS M O'REILLY PRESIDENT 300000 0 0 0 0 0 3000 0 15474 0 318474 0 0 0 JANINE DAILEY VP ADVANCEMENT 140000 0 0 0 0 0 0 0 15474 0 155474 0 0 0 PART I, LINE 3 THE WRITTEN EMPLOYMENT CONTRACT WAS APPROVED BY THE BOARD. A MASS DEVELOPMENT FINANCE AGENCY 043431814 2008-07-01 7500000 CAPITAL IMPROVEMENTS 0 0 0 A 2281309 7500000 150000 7350000 2010 0 0 1 1 A 0 0 0 0 0.03800 0.03800 0 0 0 A 0 0 1 0 1 0 0 0 0 A 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS PROVIDED ELECTRONICALLY TO BOARD MEMBERS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE COLLEGE HAS AN ESTABLISHED CONFLICT OF INTEREST POLICY REQUIRING DISCLOSURE OF INDIVIDUAL, FAMILY OR A RELATED ENTITY WHICH ARE ADVERSE TO THE COLLEGE; THE PARTY IS IN A POSITION TO INFLUENCE A DECISION BENEFITING THE PARTY; DIRECT OR INDIRECT INVESTMENT INTEREST WHICH MAY IMPAIR INDEPENDENCE OR FINANCIAL INTEREST WHICH COULD BENEFIT BY A DECISION OR OPERATIONS OF THE COLLEGE. THERE IS A POLICY WHICH IS DISTRIBUTED TO OFFICERS, TRUSTEES AND KEY EMPLOYEES WHICH REQUIRES IT BEING SIGNED AND RETURNED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT HAS A CONTRACT WITH THE COLLEGE. THE EXECUTIVES RECEIVE THE SAME RATE INCREASES AS STAFF MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION, WHEN REQUESTED. THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE UNIFORM GUIDANCE WEB SITE AND TAX RETURNS ARE AVAILABLE ON GUIDESTAR. FORM 990, PART XI, LINE 9: UNREALIZED GAIN ON CARRYING VALUE OF INTEREST RATE SWAP CONTRACT -64,399. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGE IN THE PROCESS FROM PRIOR YEAR.