2020-02-18T18:57:35-06:00 2019-06-30 HENRIS TAX SERVICES 5280 N GLEN OAK DR SAGINAW MI 48603 990 2018-07-01 381359083 ALMA COLLEGE ALMA 9894637317 614 W SUPERIOR STREET ALMA MI 48801 MR JEFFREY SWEARS CFO 9894637998 2020-02-18 true DANIEL J HENRIS P00059651 9892455336 2020-02-18 97.84.198.196 2020-02-18 18:57:35 CS P 93489CB80623947AB6EF30DB80514F03EA65E0CA 93489CB80623947AB6EF30DB80514F03EA65E0CA 2018 2020-11-06 18:47:13Z DR JEFFREY ABERNATHY 136817640 false X WWW.ALMA.EDU X 1886 MI ALMA COLLEGE'S MISSION IS TO PREPARE GRADUATES WHO THINK CRITICALLY, SERVE GENEROUSLY, LEAD PURPOSEFULLY, AND LIVE RESPONSIBLY AS STEWARDS OF THE WORLD THEY BEQUEATH TO FUTURE GENERATIONS. 34 34 1315 700 167735 8111069 5587683 69745525 72502106 8715117 7958249 219397 246533 86791108 86294571 31700947 33907750 0 28553601 29398755 0 1165290 23198454 23091514 83453002 86398019 3338106 -103448 237245279 235677831 67576899 67082872 169668380 168594959 ALMA COLLEGE'S MISSION IS TO PREPARE GRADUATES WHO THINK CRITICALLY, SERVE GENEROUSLY, LEAD PURPOSEFULLY, AND LIVE RESPONSIBLY AS STEWARDS OF THE WORLD THEY BEQUEATH TO FUTURE GENERATIONS. false false 80158899 33907750 72502106 SCHOLARSHIPS AND AWARDS TO STUDENTS TO OFFSET THE COST OF TUITION. INSTRUCTION PROVIDED TO STUDENTS BY HIGHLY QUALIFIED FACULTY AND ASSISTANTS. HOUSING AND FOOD SERVICE PROVIDED TO STUDENTS (ALMA COLLEGE IS A RESIDENTIAL LIBERAL ARTS COLLEGE WITH APPROXIMATELY 93% OF THE STUDENTS LIVING AND EATING ON CAMPUS. 80158899 true true false false false false false true false true true true false false true false true false true false true false false false false false false false true true true false false false false false false false false false true true false false false false true false false false true 134 0 true 1315 true true true false false false false false false false false false false false false false X 34 34 true false false false false false false true true false false true true true true true true true true false X ALMA COLLEGE 9894637317 614 W SUPERIOR STREET ALMA MI 48801 MR TOM ANDISON TRUSTEE 2.00 X 0 0 0 MS KAREN ASNER TRUSTEE 2.00 X 0 0 0 MR BRIAN BARTES TRUSTEE 2.00 X 0 0 0 MR ERIC BLACKHURST TRUSTEE 2.00 X 0 0 0 MS CAROL BURNS TRUSTEE 2.00 X 0 0 0 MR PATRICK BYRNE TRUSTEE 2.00 X 0 0 0 MR DAVID CHAPOTON TRUSTEE 2.00 X 0 0 0 MR ROBERT CRAMER TRUSTEE 2.00 X 0 0 0 MR CHARLIE DEACON TRUSTEE 2.00 X 0 0 0 MR DAVID DEVINE TRUSTEE 2.00 X 0 0 0 MR STEPHEN FALK TRUSTEE 2.00 X 0 0 0 MS DEBORAH LYNCH FITZGERALD TRUSTEE 2.00 X 0 0 0 MR GLENN GRANGER TRUSTEE 2.00 X 0 0 0 MR DOUGLAS GROSS TRUSTEE 2.00 X 0 0 0 MR MARK HALL TRUSTEE 2.00 X 0 0 0 MR GREG HATCHER TRUSTEE 2.00 X 0 0 0 MR CARDELL JOHNSON TRUSTEE 2.00 X 0 0 0 MR BURT JORDAN TRUSTEE 2.00 X 0 0 0 MR JOHN JUDSON TRUSTEE 2.00 X 0 0 0 MR RANDALL KENDRICK TRUSTEE 2.00 X 0 0 0 MR DAVID P LARSEN TRUSTEE 2.00 X 0 0 0 MS KAREN MAGNUSON TRUSTEE 2.00 X 0 0 0 MR STEPHEN MEYER TRUSTEE 2.00 X 0 0 0 MS MARCIA NUNN TRUSTEE 2.00 X 0 0 0 MS ELIZABETH PARKINSON TRUSTEE 2.00 X 0 0 0 MS ERICA POWERS APPELT TRUSTEE 2.00 X 0 0 0 MR DARRYL SCHIMECK TRUSTEE 2.00 X 0 0 0 MS CAROLYN SCHULZ TRUSTEE 2.00 X 0 0 0 MR BRYAN SEGEDI TRUSTEE 2.00 X 0 0 0 MR D MICHAEL SHERMAN TRUSTEE 2.00 X 0 0 0 MR MATTHEW STEINMETZ TRUSTEE 2.00 X 0 0 0 MS DANETTE TAYLOR TRUSTEE 2.00 X 0 0 0 MS KIM TAYLOR TRUSTEE 2.00 X 0 0 0 MR RUSSELL YOUNGDAHL TRUSTEE 2.00 X 0 0 0 DR JEFFREY ABERNATHY PRESIDENT 60.00 X 312863 0 43024 MR ALAN GATLIN CHIEF OPER O 60.00 X 219279 0 29183 MR MATTHEW VANDENBERG VP ADVANCEME 60.00 X 172634 0 35961 MS AMANDE SLENSKI VP ENROLLMEN 60.00 X 155864 0 25941 MS ELIZABETH HALL CHIEF OF STA 60.00 X 132810 0 10127 MR JEFFREY SWEARS CFO 60.00 X 128127 0 10074 MR STEVEN RACKLEY ATHLETIC DIR 60.00 X 122139 0 32902 MR KARL RISCHE VP STUDENT A 60.00 X 111484 0 17589 DR KATHLEEN DOUGHERTY PROVOST 60.00 X 83666 0 13869 MR MICHAEL SELMON FACULTY 60.00 X 148426 0 34024 MR DANIEL HENRIS AVP FIN/CONT 60.00 X 121814 0 30192 DR DALE SANDERS FACULTY 60.00 X 120581 0 16730 MR WILLIAM NICHOLS FACULTY 60.00 X 106141 0 7893 MR KYLE WARNER IT DIRECTOR 60.00 X 104927 0 25006 2040755 332515 15 false true false EAB-ROYALL 1920 EAST PARHAM RICHMOND VA 23228 ENROLLMENT MGT 544422 WHITEBOARD 37 WEST AVENUE SUITE 204 WAYNE PA 19087 ENROLLMENT MGT 234740 ENTERPRISE FLEET MANAGEMENT PO BOX 800089 KANSAS CITY MO 64180 VEHICLE FLEET 162438 MID MICHIGAN MEDICAL CENTER 300 E WARWICK DRIVE ALMA MI 48801 MEDICAL SERVICE 150600 MERCER 1001 SOUTH HANLEY RD THIRD FLOOR ST LOUIS MO 63105 INVESTMENT MGT 133779 5 572074 5015609 548899 5587683 STUDENT TUITION AND FEES 55004594 55004594 STUDENT ROOM AND BOARD 14090106 14090106 STUDENT PROGRAM FEES 2999881 2999881 STUDENT RECRUITING 407525 407525 72502106 4553832 4553832 162660 85720 76940 76940 -1858 78798 53814135 50409718 3404417 3404417 3404417 38530 27631 10899 10899 PE CENTER USER FEES 713940 158694 158694 158694 86294571 72502106 167735 8037047 33907750 33907750 1924617 743132 952643 228842 20888214 19450212 921293 516709 1289057 1190078 64126 34853 3874512 3536937 265231 72344 1422355 1324830 65257 32268 79316 79316 47500 47500 522640 522640 1671762 1594656 39349 37757 179214 12214 167000 4134906 3313570 729161 92175 596185 596185 1690832 1676323 5144 9365 2742259 2608265 89759 44235 256497 203766 49084 3647 1362616 1226354 136262 3542235 3224204 316050 1981 600099 43164 556935 FOOD SERVICE 3408998 3408998 REPAIRS AND MAINTENANCE 1957121 1867441 17014 72666 SPECIAL EVENTS 157945 102148 37349 18448 RECRUITMENT & ASSESSMENT 92495 92495 48894 36177 12717 86398019 80158899 5073830 1165290 4282 8127 1734198 1729582 6534217 6741847 750416 951025 3089849 2586301 964008 1152370 143096440 57664580 73246010 85431860 134460958 116745127 13394878 17214005 3066463 3117587 237245279 235677831 9835323 9370977 1243777 1643502 40700000 40700000 8400000 9979045 4625000 2800000 2772799 2589348 67576899 67082872 X 33061325 33187547 70334229 68688800 66272826 66718612 169668380 168594959 237245279 235677831 X -103448 -969973 X false true X true true true X 10638467 10713410 8459414 8111069 5587683 43510043 10638467 10713410 8459414 8111069 5587683 43510043 43510043 3585264 3917867 3099443 3682077 4553832 18838483 62348526 332980086 0.69790 0.72520 X SUPPLEMENTAL INFORMATION SCHEDULE A, PART II, LINES 8 AND 10 - EXCLUDES THE GAIN/LOSS ON SALE OF SECURITIES AND OTHER CAPITAL ASSETS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X DECORATION false 124001841 441925 6529760 5932423 522640 124518463 120712604 970352 8673469 5718977 635607 124001841 111888764 2718751 12366590 5595334 666167 120712604 114761906 3989929 -674346 5475229 713496 111888764 116462048 4319649 -7982 5200898 810911 114761906 0.52500 0.47500 true false 2389360 2389360 120921235 40514733 80406502 1450700 493228 957472 18335145 16656619 1678526 85431860 ALTERNATIVE INVESTMENTS 17214005 F 17214005 LIFE INCOME OBLIGATIONS 1318186 REFUNDABLE GOV LOAN PGM 1271162 2589348 50509883 -969973 -384325 -1354298 51864181 522640 33907750 34430390 86294571 51583304 -384325 -384325 51967629 522640 33907750 34430390 86398019 SCHEDULE D, PAGE 2, PART V, LINE 4 ENDOWMENT FUNDS ARE INVESTED TO PROVIDE MAXIMUM RETURN WITHIN COLLEGE RISK TOLERANCES. ANNUAL DRAWS ARE USED TO SUPPORT STUDENT SCHOLARSHIPS AND OTHER COLLEGE OPERATIONAL NEEDS. SCHEDULE D, PAGE 4, PART XI, LINE 2D EXPENSES NET TO INCOME ON RETURN 113,351 REVENUE OFFSETS NET TO EXPENSE ON RETURN -497,676 SCHEDULE D, PAGE 4, PART XI, LINE 4B SCHOLARSHIPS NET TO REVENUE ON AFS 33,907,750 SCHEDULE D, PAGE 4, PART XII, LINE 2D EXPENSES NET TO INCOME ON RETURN 113,351 REVENUE OFFSETS NET TO EXPENSE ON RETURN -497,676 SCHEDULE D, PAGE 4, PART XII, LINE 4B SCHOLARSHIPS NET TO REV ON AFS 33,907,750 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 THE RACIALLY NONDISCRIMINATION POLICY FOR ALMA COLLEGE IS INCLUDED IN INFORMATION PROVIDED TO STUDENTS, PROSPECTIVE STUDENTS, PARENTS, AND THE COMMUNITY. SCHEDULE E, LINE 6 ALMA COLLEGE RECEIVES FEDERAL AID FOR STUDENTS, SUCH AS PELL GRANTS, SEOG GRANTS, AND PERKINS LOANS. true EUROPE PROGRAM SERVICES STUDY ABROAD (6) 71366 EAST ASIA AND PACIFIC PROGRAM SERVCIES STUDY ABROAD (4) 15635 SOUTH AMERICA PROGRAM SERVICES STUDY ABROAD (2) 1680 88681 88681 false false false false false false SCHEDULE F, PAGE 1, PART I, LINE 3 EUROPE 71,366 0 EAST ASIA AND PACIFIC 15,635 0 SOUTH AMERICA 1,680 0 true SCHOLARSHIPS AND AWARDS 1356 33907750 SCHEDULE I, PAGE 1, PART I, LINE 2 A LIST OF RECIPIENTS OF SCHOLARSHIPS IS ON FILE AT THE COLLEGE AND IS AVAILABLE ON REQUEST. ALTHOUGH THERE MAY BE RECIPIENTS WHO ARE RELATED PERSONS HAVING AN INTEREST IN THE COLLEGE, SUCH RECIPIENTS ARE SELECTED ON AN EQUAL, OBJECTIVELEY DETERMINED BASIS WITH OTHER RECIPIENTS. THAT IS, ALL STUDENTS RECEIVING SCHOLARSHIPS ARE JUDGED WORTHY BY THE COLLEGE'S ASSESSMENT ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER STANDARDS. APPROXIMATELY 1,356 STUDENTS RECEIVED 33,421,415 IN INSTITUTIONAL SCHOLARSHIPS AND 486,335 IN OTHER FINANCIAL AID. X true false X X X false false false false false false false false false DR JEFFREY ABERNATHY PRESIDENT 312863 20604 23915 355887 MR ALAN GATLIN CHIEF OPER OFFICER 219279 8120 22220 248462 MR MATTHEW VANDENBERG VP ADVANCEMENT 172634 13541 23528 208595 MS AMANDE SLENSKI VP ENROLLMENT 155864 11733 15133 181805 MR STEVEN RACKLEY ATHLETIC DIRECTOR 122139 10482 23340 155041 MR MICHAEL SELMON FACULTY 148426 12679 22433 182450 MR DANIEL HENRIS AVP FIN/CONTROLLER 121814 8847 22133 152006 A MFA 2017 MULTI-MODAL REVENUE BOND 381359083 2017-05-01 18700000 REFUND DEBT, RENOVATE RESIDENCE HALLS false false false B MFA 2017A MULTI-MODAL REVENUE BOND 381359083 2017-12-18 22000000 RESIDENCE HALL RENOVATIONS false false false A 18700000 374950 18325050 2017 false true true true B 22000000 100618 15245058 6654324 false false false true A false false false false false false true B false false false false false false true A false false false false false false false false true B false false false false false false false false true A true B true GRANGER CONSTRUCTION COMPANY TRUSTEE 1161818 CONSTRUCTION MANAGER false HATCHER AGENCY TRUSTEE 24000 BENEFIT ADVISOR false FAIR MARKET VALUE X 1 357600 FAIR MARKET VALUE false true true SCHEDULE M, PAGE 1, PART I, LINE 32B STOCK DONATIONS THAT ARE RECEIVED ARE DEPOSITED WITH THE COLLEGE'S INVESTMENT CUSTODIAN FOR IMMEDIATE SALE IN THE OPEN MARKET. FORM 990, PAGE 1, PART I, LINE 6 APPROXIMATELY 650 STUDENTS PROVIDE VARIOUS VOLUNTEER SERVICES TO THE COLLEGE, IN ADDITION TO APPROXIMATELY 50 COMMUNITY VOLUNTEERS. FORM 990, PAGE 6, PART VI, LINE 2 DOUG GROSS ELIZABETH PARKINSON TRUSTEE TRUSTEE IN-LAWS FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF THE FORM 990 AND 990T IS PROVIDED TO AND REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO FILING. THE RETURN IS AVAILABLE FOR THE FULL BOARD TO REVIEW. FORM 990, PAGE 6, PART VI, LINE 12C EACH YEAR ALL BOARD OF TRUSTEE MEMBERS, EXECUTIVE STAFF MEMBERS, AND KEY EMPLOYEES ARE REQUIRED TO SIGN A WRITTEN STATEMENT NOTING ANY CONFLICT OF INTEREST DEALINGS. THESE SIGNED CONFLICT OF INTEREST STATEMENTS ARE REVIEWED ANNUALLY BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. IF A POTENTIAL CONFLICT IS DISCLOSED, THAT PERSON WILL BE ASKED TO ABSTAIN FROM ANY DECISION-MAKING RELATING TO THE DISCLOSED CONFLICT. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF TRUSTEE EXECUTIVE COMMITTEE, ALONG WITH INPUT FROM THE FULL BOARD OF TRUSTEES, ANNUALLY DETERMINES THE COMPENSATION FOR THE COLLEGE PRESIDENT. COMPENSATION AMOUNTS ARE BASED UPON MANY FACTORS, SUCH AS THE SKILLS AND EXPERIENCE OF THE PRESIDENT AND COMPARABLE COMPENSATION LEVELS PROVIDED BY PEER INSTITUTIONS. FORM 990, PAGE 6, PART VI, LINE 15B THE PRESIDENT OF THE COLLEGE, WITH INPUT FROM THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, ANNUALLY DETERMINE THE COMPENSATION FOR THE PROVOST, CHIEF OPERATING OFFICER, CHIEF FINANCIAL OFFICER, AND OTHER VICE- PRESIDENTS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 EXPENSES NET TO INCOME ON RETURN 113,351 REVENUE OFFSETS NET TO EXPENSE ON RETURN -497,676 SCHOLARSHIPS NET TO REVENUE ON AFS -33,907,750 EXPENSES NET TO INCOME ON RETURN -113,351 REVENUE OFFSETS NET TO EXPENSE ON RETURN 497,676 SCHOLARSHIPS NET TO REV ON AFS 33,907,750 PERPETUAL TRUSTS (6) TRUSTS MI N/A TRUST false CHARITABLE REMAINDER TRUSTS (3) CRUTS MI N/A TRUST false false false false false false false false false false false false false false false false false false false false