2019-04-04T17:43:58-05:00 2018-06-30 043000523 O'CONNOR & DREW PC 25 BRAINTREE HILL OFC PK SUITE 102 BRAINTREE MA 02184 990 2017-07-01 042271070 BOSTON ARCHITECTURAL COLLEGE BOST 6172625000 320 NEWBURY STREET BOSTON MA 02115 DR GLEN S LEROY PRESIDENT 6172625000 2019-03-28 1 EDWARD S BUISER P01258774 6174711120 2019-03-28 108.7.66.186 2019-03-28 15:53:39 ED P AA79FA4AA66EE6C90AB53F8C1EFAAC6C5CBAEBBA C763F64EFE63A30A84122B55299B2513F18B4F8D 2017 2019-02-21 02:37:17Z GLEN S LEROY 320 NEWBURY ST BOSTON MA 02115 18452335 0 X WWW.THE-BAC.EDU X 1889 MA HIGHER EDUCATION 22 22 561 81 419 0 608565 684530 16174049 16180089 331325 627896 261731 339336 17375670 17831851 408267 464182 0 0 11130240 10691229 0 0 192717 6080205 6192063 17618712 17347474 -243042 484377 34033183 34412492 16401388 15924757 17631795 18487735 THE BOSTON ARCHITECTURAL COLLEGE (BAC) IS COMMITTED TO PROVIDE EXCELLENCE IN DESIGN EDUCATION GROUNDED IN PRACTICE AND ACCESSIBLE TO DIVERSE COMMUNITIES. 0 0 13061952 464182 16180089 THE BOSTON ARCHITECTURAL COLLEGE PROVIDES EXCELLENCE IN DESIGN EDUCATION EMERGING FROM PRACTICE AND ACCESSIBILITY TO DIVERSE COMMUNITIES. THE BAC FALL 2017 ENROLLMENT FOR DEGREE AND CONTINUING EDUCATION PROGRAMS WAS 695 STUDENTS. 13061952 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 72 0 561 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X MARK VIRELLO VP FOR FINANCE & ADMIN 6172625000 320 NEWBURY STREET BOSTON MA 02115 RICHARD L MARTINI AIA BOARD CHAIR 1.00 X X 0 0 0 JUDITH NITSCH BOARD VICE CHAIR 1.00 X X 0 0 0 RODGER BROWN BOARD SECRETARY 1.00 X X 0 0 0 CHAD J DAGRACA CPA BOARD TREASURER 4.00 X X 0 0 0 DANA C ROWAN ELECTED TRUSTEE 1.00 X 0 0 0 BUDDY CHRISTOPHER ELECTED TRUSTEE 1.00 X 0 0 0 STEVEN F MCDONALD ELECTED TRUSTEE 1.00 X 0 0 0 JAY PHILOMENA IIDA ELECTED TRUSTEE 1.00 X 0 0 0 CYNTHIA W SMITH FASLA CLARB ELECTED TRUSTEE 1.00 X 0 0 0 RICHARD J SNYDER ELECTED TRUSTEE 1.00 X 0 0 0 CAROLE C WEDGE FAIA LEED AP ELECTED TRUSTEE 1.00 X 0 0 0 KEVIN COSTELLO ELECTED TRUSTEE 1.00 X 0 0 0 FELICE SILVERMAN ELECTED TRUSTEE 1.00 X 0 0 0 VALERIE FLETCHER ELECTED TRUSTEE 1.00 X 0 0 0 MARILYN SWARTZ-LLOYD ELECTED TRUSTEE 1.00 X 0 0 0 MARK WALSH-COOKE ELECTED TRUSTEE 1.00 X 0 0 0 MICHAEL LIU ELECTED TRUSTEE 1.00 X 0 0 0 DAVID MANFREDI ELECTED TRUSTEE 1.00 X 0 0 0 DAVID MORGAN ELECTED TRUSTEE 1.00 X 0 0 0 KISHORE VARANASI ELECTED TRUSTEE 1.00 X 0 0 0 CHERYL WATERHOUSE ELECTED TRUSTEE 1.00 X 0 0 0 GLEN S LEROY PRESIDENT 40.00 X X 261474 0 22931 DIANA RAMIREZ-JASSO PROVOST 40.00 X 157145 0 8398 EVAN HENRY GALLIVAN VP OF INSTITUTIONAL ADVANCEMENT 40.00 X 130638 0 18113 JAMES RYAN VP OF ENROLLMENT MANAGEMENT ADVANCEMENT 40.00 X 123168 0 38790 MARIA BELLALTA DEAN & FACULTY, SCHOOL OF 40.00 X 121133 0 9209 CRANDON GUSTAFSON DEAN & FACULTY, SCHOOL OF 40.00 X 119792 0 7309 RICHARD M GRISWOLD JR ASSOCIATE VICE PRESIDENT AND DEAN OF STUDENTS 40.00 X 115164 0 15215 KATHLEEN C ROOD VP FOR FINANCE AND ADMINISTRATION 40.00 X 114049 0 26115 MARK VIRELLO VP FOR FINANCE AND ADMINISTRATION 40.00 X 45970 0 2409 1188533 0 148489 8 1 1 0 ADVANTAGE MARKETING LLC 300 FOXBOROUGH BLVD FOXBOROUGH MA 02035 MARKETING & ADVERTISING 371342 LONGWOOD SECURITY SERVICE 429 NEWBURY STREET BOSTON MA 02115 SECURITY SERVICES 267482 SPOTLESS CLEANING SERVICE 56 FAIRFIELD STREET DEDHAM MA 02026 CLEANING SERVICE 120492 ELLUCIAN 2003 EDMOND HALLEY DRIVE RESTON VA 20191 SOFTWARE MAINTENANCE FEE 112970 GASPARI'S INC 225 STEDMAN STREET LOWELL MA 01851 CONSTRUCTION 107255 7 88443 596087 79268 684530 TUITION AND FEES 611600 15937864 15937864 HOUSING REVENUES 611600 242225 242225 16180089 324196 324196 850000 546300 303700 303700 303700 360300 88443 74184 286116 286116 MISCELLANEOUS 611600 53220 419 52801 53220 17831851 16180089 419 966813 464182 464182 496599 496599 8417875 6824571 1517538 75766 253195 212190 38894 2111 843946 578140 258547 7259 679614 516659 157195 5760 31281 31281 46356 46356 533380 313054 220326 431704 431412 292 566986 270512 286614 9860 373957 144326 229631 1105744 900118 205626 186578 171696 14882 151365 108483 42882 536919 451855 85064 1243720 1079912 163808 145900 129652 16248 MISCELLANEOUS 324584 304697 19887 ALL OTHER EXPENSES 161510 8339 73903 79268 EQUIPMENT RENTAL & MAIN 102802 21525 81277 PROGRAM DEVELOPMENT 86205 51665 34540 163072 78964 71415 12693 17347474 13061952 4092805 192717 1737747 1616275 609855 1646895 77222 104137 405527 171269 221956 160140 35238574 15203278 20690635 20035296 10497584 10471137 34033183 34412492 1270947 1206553 977292 1006465 14153149 13711739 16401388 15924757 X 9605486 10009039 4502725 4878882 3523584 3599814 17631795 18487735 34033183 34412492 484377 371562 0 X X 0 1 X 1 1 1 X 87230 X X 0 11132536 95229 999458 386513 11840710 10083165 154202 1257834 362665 11132536 10541982 26503 -82245 403075 10083165 10710975 23264 154163 346420 10541982 9503674 35916 1523829 352444 10710975 0.30020 0.39580 0.30400 0 0 2656768 2656768 27686905 11141717 16545188 336903 334574 2329 4448038 3726987 721051 109960 109960 20035296 X 18160525 371562 -42888 328674 17831851 0 17831851 17304585 -42888 -42888 17347473 0 17347473 PART III, LINE 4: HISTORICAL SAMPLES SERVES AS EXAMPLES OF DESIGN FOR OUR STUDENTS. COLLECTION INCLUDES EXAMPLES OF UNIQUE PIECES OF SCULPTURE, ART AND FURNISHINGS. PART V, LINE 4: MAINLY RESTRICTED FOR SCHOLARSHIPS AND AWARDS. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES REQUIRE AN ENTITY TO ASSESS THE PROBABILITY THAT A TAX POSITION HAS A "MORE LIKELY THAN NOT" SUSTAINABILITY AFTER REVIEW BY TAX AUTHORITIES. IF A TAX POSITION IS DEEMED NOT TO MEET THIS THRESHOLD, ANY UNRECOGNIZED TAX BENEFITS AND COSTS ARE ESTIMATED AND RECOGNIZED. TAX RETURNS ARE ROUTINELY OPEN FOR REVIEW BY THE TAX AUTHORITIES FOR THREE YEARS FROM THEIR DUE DATE. IN CERTAIN CIRCUMSTANCES THE STATUTE OF LIMITATIONS MAY REMAIN OPEN INDEFINITELY. THE COLLEGE HAS BEEN NOTIFIED BY THE INTERNAL REVENUE SERVICE THAT IT MEETS THE QUALIFICATIONS TO BE CLASSIFIED AS A TAX EXEMPT ENTITY UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE. SINCE THE CONTINUANCE OF THIS STATUS IS BASED UPON CONTINUING QUALIFICATION, THE COLLEGE HAS IDENTIFIED THIS AS A TAX POSITION. HOWEVER, IT HAS DETERMINED THAT THIS TAX POSITION MEETS, MORE LIKELY THAN NOT, SUSTAINABILITY AND DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 74,184. FINANCIAL AID ADDED BACK FOR TAX -117,072. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 74,184. FINANCIAL AID ADDED BACK FOR TAX -117,072. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE RACIALLY NONDISCRIMINATORY POLICY TOWARDS STUDENTS IS PUBLISHED IN THE STUDENT HANDBOOK. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES FEDERAL AID FROM GOVERNMENTAL AGENCIES FOR SCHOLARSHIPS AND AWARDS FOR STUDENTS. PAKISTAN 0 0 PROGRAM SERVICES ACADEMIC SUPPORT 25159 0 0 0 0 0 0 25159 0 25159 0 0 0 0 0 0 GALA 448743 88443 360300 4323 69861 448743 88443 360300 4323 69861 74184 286116 1 SCHOLARSHIPS AND FINANCIAL AID 141 464182 FMV PART I, LINE 2: THE VP OF FINANCE AND ADMINISTRATION STAFF OVERSEE THAT THE PROVISIONS OF THE GRANT ARE MET IN ACCORDANCE WITH GUIDELINES OR AGREEMENTS SET FORTH, WHETHER THAT'S USE OF DONOR, GOVERNMENT OR PRIVATE SOURCES. X X 0 0 0 0 0 0 0 0 0 GLEN S LEROY PRESIDENT 261474 0 0 0 0 0 3634 0 19297 0 284405 0 0 0 DIANA RAMIREZ-JASSO PROVOST 157145 0 0 0 0 0 7850 0 548 0 165543 0 0 0 JAMES RYAN VP OF ENROLLMENT MANAGEMENT ADVANCEM 123168 0 0 0 0 0 6750 0 32040 0 161958 0 0 0 A MASSACHUSETTS DEVELOPMENT FINANCE AGENT 043431814 NONEAVAIL 2012-03-19 5800000 ACQUISITION/RENOVATION OF 951 BOYLSTON STREET AND 320 NEWBURY STREET REFUND 0 0 0 B MASSACHUSETTS DEVELOPMENT FINANCE AGENT 043431814 NONEAVAIL 2017-01-04 9365668 REFINANCE 2006 SERIES BOND RELATED TO ACQUISITION/RENOVATION OF 951 BOYLSTON 0 0 0 A 5800000 116000 2643749 2012 1 0 1 1 B 9365668 150747 9214921 2017 0 0 1 1 A 0 0 0 0 0.00180 0.00180 0 0 1 B 0 0 0 0 0.00180 0.00180 0 0 0 A 0 1 0 0 1 0 0 0 0 B 0 0 0 0 0 0 0 0 0 A 1 X 19 14901 FMV X MISCELLANEOUS 7 36194 FMV X AUCTION ITEMS 62 28673 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES HAS DIRECTED THE AUDIT COMMITTEE TO REVIEW THE FORM 990 ON ITS BEHALF AND UPON ITS SATISFACTION FORWARD IT FOR EXECUTION TO THE PRESIDENT. THE FULLY EXECUTED FORM 990 IS SENT TO EACH MEMBER OF THE BOARD OF TRUSTEES PRIOR TO ITS SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE BAC CONFLICT OF INTEREST POLICY APPLIES TO ALL COVERED TRUSTEES, OVERSEERS, MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS, OFFICERS, STAFF, PART-TIME AND FULL-TIME FACULTY, STUDENTS, COVERED INDIVIDUAL'S FAMILY MEMBERS, AND AFFILIATED ORGANIZATIONS AND PERSONS. THE POLICY IS PUBLISHED SEVERAL PLACES BUT IS MOST VISIBLY PUBLISHED AS PART OF THE ANNUAL BAC CATALOG LOCATED ON THE BAC WEBSITE. THE POLICY IS TRIGGERED WHENEVER A COVERED INDIVIDUAL HAS A DIRECT OR INDIRECT FINANCIAL, PROFESSIONAL, OR OTHER INTEREST IN A MATTER THAT COMES BEFORE THE INDIVIDUAL FOR CONSIDERATION. THE POLICY IDENTIFIES THREE DIFFERENT CATEGORIES OF CONFLICT SITUATIONS WHICH ARE: FINANCIAL SELF DEALING, PROFESSIONAL /ACADEMIC HONORS AND RECOGNITION, AND FACULTY-STUDENT RELATIONS. WHEN A POTENTIAL CONFLICT OF INTEREST SITUATION ARISES, EITHER ACTUAL OR PERCEIVED, A COVERED INDIVIDUAL SHALL TAKE SOME OR ALL OF THE FOLLOWING ACTIONS: DISCLOSURE, RECUSAL FROM VOTING OR DECISION MAKING WHILE ALLOWING SOME MEASURE OF DISCUSSION PARTICIPATION, OR TOTAL RECUSAL FROM DISCUSSION AND DECISION MAKING. ADDITIONALLY, MEMBERS OF THE BOARD OF TRUSTEES ARE REQUIRED TO FILE AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT DISCLOSING PERSONAL, BUSINESS, AND ORGANIZATIONAL INTERESTS AND AFFILIATIONS INCLUDING MEMBERSHIP ON BOARDS OF OTHER NONPROFIT ORGANIZATIONS. THE CHAIR OF THE BOARD OF TRUSTEES AND THE PRESIDENT REVIEW THE STATEMENTS AND CONTACT THE AFFECTED PERSON IF THERE APPEARS TO BE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A: THE COLLEGE USES CUPA INFORMATION AS THE BASIS FOR DETERMINING THE WAGE OF THE PRESIDENT. AS PART OF THE ANNUAL REVIEW OF THE PRESIDENT, AN AD HOC BOARD COMMITTEE DETERMINES WAGE ADJUSTMENTS. THE CURRENT PRESIDENT'S TERM IS 9/1/15 - 6/30/18. THE LAST ANNUAL REVIEW WAS JANUARY, 2018. LINE 15B: OTHER OFFICERS AND KEY EMPLOYEES ARE REVIEWED BY THEIR DIRECT SUPERVISORS FOLLOWING STANDARD ANNUAL REVIEW PROCEDURES ESTABLISHED BY THE COLLEGE'S HUMAN RESOURCES DEPARTMENT. THE LAST REVIEW OF THE OFFICERS AND KEY EMPLOYEES WAS COMPLETED BY JANUARY, 2018. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES IN THE PROCESS.