2019-05-16T10:49:05-07:00 2018-06-30 030310172 OBrien Shortle Reynolds & Sabotka PC 54 North Main Street Rutland VT 05701 990 2017-07-01 030214106 CORPORATION OF SOUTHERN VERMONT COLLEGE INC CORP 8024476310 982 Mansion Drive Bennington VT 05201 DAVID EVANS President 2019-05-16 true Thomas J Sabotka P01387968 8027738344 2017 2019-02-21 02:37:17Z 17774373 false false X svc.edu X 1929 VT Provide full-time and part-time post-secondary educational services 13 12 311 0 3186651 6413584 11349781 10921862 147603 68419 4485 8823 14688520 17412688 3504306 3644003 0 6760298 6561827 0 17980 4110349 4700737 14374953 14906567 313567 2506121 16722284 19352077 7369170 7370588 9353114 11981489 Provide full-time and part-time post-secondary educational services false false 10822939 Instruction - degree and non-degree programs: Approximately 400 students attended, including full time and part time. The College's Success Program served approximately 181 students. At Commencement in May of 2017, approximately 84 degrees were conferred. Institutional financial aid, funded both with College resources and temporarily restricted contributions, was awarded to over 372 students. 10822939 true true false false false false false false false true true false false false true true true false true false false false false false false false false false true true true false false false false false false false false false false true true false false false false false false false true 37 0 true 311 true false false false false false false false false 0 false false false false false false false false false false X 13 12 false false false false false false false true true false false true true true true true true true false false X DAVID EVANS 8024476310 982 Mansion Drive Bennington VT 05201 MARK MANLEY Trustee 1.00 0.00 X 0 0 0 DAVID NEWELL Trustee 1.00 0.00 X 0 0 0 JOHN BAACKES Trustee 1.00 0.00 X 0 0 0 TOBY POTTERTON Trustee 1.00 0.00 X 0 0 0 CAROL CONROY Trustee 1.00 0.00 X 0 0 0 SUSAN HUNTER VICE CHAIR 1.00 0.00 X 0 0 0 CARMEN J LAWRENCE Trustee 1.00 0.00 X 0 0 0 Alfredo Quinones-Hinojosa Trustee 1.00 0.00 X 0 0 0 Ira Wagner Chairman 3.00 0.00 X 0 0 0 Deborah Wiley Secretary 3.00 0.00 X 0 0 0 NICHOLAS PINCHUK Trustee 1.00 0.00 X 0 0 0 MARJORIE GREGG DEAN SWAIN Trustee 1.00 0.00 X 0 0 0 JENNIFER MACKSEY VP Admin & Fin 40.00 0.00 X 119174 0 0 DANIEL SUMMERS II VP ENROLL. MGMT 40.00 0.00 X 87101 0 0 NINA MOSER VP ADVANCEMENT 40.00 0.00 X 117041 0 0 DAVID EVANS President 40.00 0.00 X 206437 0 0 MARY BOTTER NURSING CHAIR 40.00 0.00 X 101403 0 0 631156 4 false true false JTG CONSTRUCTION LLC 112208 SODEXO INC 1078078 2 441534 5972050 4292000 6413584 Auxilliary Enterprises 2398571 2398571 Program Support Revenue 77666 77666 Tuition & fees 8445625 8445625 10921862 51130 51130 0 0 0 368983 351694 17289 17289 17289 0 0 18814 9991 8823 8823 0 17412688 10990281 8823 0 3644003 3644003 0 0 529753 529753 0 4944629 3312901 1631728 0 596510 399662 196848 490935 328926 162009 0 0 0 0 0 8469 5674 2795 0 60954 40839 20115 358254 240030 118224 33279 22297 10982 0 559067 374575 184492 291859 195546 96313 0 51033 34192 16841 231082 154825 76257 0 655531 439206 216325 238999 160129 78870 CONTRACT SERVICES 1790610 1199709 590901 VEHICLE EXPENSES 114944 77012 37932 PROGRAM EXPENSES 76881 51510 25371 DUES AND SUBSCRIPTIONS 64765 43393 21372 165010 98510 48520 17980 14906567 10822939 4065648 17980 1565399 366818 0 1349772 1450595 331347 298207 0 0 0 5201 5210 62816 93897 20153553 5258093 10966729 14895460 2230825 2015445 0 0 168448 184702 41747 41743 16722284 19352077 550966 986859 6554804 6176950 92451 37256 170949 169523 7369170 7370588 X 4244764 6571945 2604949 2899538 2503401 2510006 9353114 11981489 16722284 19352077 2506121 122254 X false true X true true true X 3084450 8500 153604 -562564 2683990 4054013 135625 308079 -1413267 3084450 3708941 709750 -9532 -355146 4054013 3479365 124032 105544 3708941 2031303 1123958 463252 139148 3479365 0.94000 0.06000 false false false 683000 683000 15806057 2945475 12860582 1216684 445342 771342 2097460 1821888 275572 350352 45388 304964 14895460 Student deposits and deferred revenue 169523 169523 X 13890939 122254 122254 13768685 3644003 3644003 17412688 11262564 11262564 3644003 3644003 14906567 Part X : FIN48 Footnote Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the College and recognize a tax liability (or asset) if the College has taken an uncertain position that more-likely-than-not would not be sustained upon examination by the Internal Revenue Service. Management has analyzed the tax positions taken by the College, and has concluded that as of June 30, 2018, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The College is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes it is no longer subject to income tax examinations for years prior to 2015. Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S Institutional Aid $3644003 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Institutuional Aid $3644003 true true true true true true true false false false false false false false false true false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race true 0 0 Educational Institutional Aid 3644003 FMV Grantmaker's Description of How Grants are Used Financial Aid Office follows Dept. of Education and other applicable regulations, subject to yearly A133 audit. X false false false false false false false false false false DAVID EVANS President 206437 206437 A VEDA 036024497 2011-04-04 8500000 FOR BUILDINGS AND STRUCTURES false false A 8500000 170000 8287500 42500 false false true true X 1 92000 APPRAISAL X 2 76212 FMV X 1 4200000 APPRAISAL false false false Form 990, Part VI, Line 11b: Form 990 Review Process A question and answer phone call is held with the tax preparers for the board members and senior leadership to ask questions regarding the Form 990 before the return is filed. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Officers and employees are asked to disclose any interests that could give rise to conflicts. Any conflicts that are disclosed are brought to the attention of Senior Leadership and/or the Chairman of the Board of Trustees. Any conflicts that are disclosed by members of the Board of Trustees are discussed by the Board to determine if a conflict exists and how to handle the conflict. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management THE BOARD OF TRUSTEES APPROVES THE SALARY FOR THE PRESIDENT. THE PRESIDENT APPROVES THE SALARY FOR ALL FACULTY AND STAFF. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Upon request