NEW ENGLAND COLLEGE OF OPTOMETRY: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- NEW ENGLAND COLLEGE OF OPTOMETRY (EIN 04-1591060)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2018-02-13
- IRS object ID
- 201820449349300432
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-02-13T09:29:37-06:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 263753134 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CBIZ TOFIAS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 BOYLSTON STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02116 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 041591060 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE NEW ENGLAND COLLEGE OF OPTOMETRY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NEWE | BusinessNameControlTxt |
| Phone | 6172662030 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 424 BEACON STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02115 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CLIFFORD SCOTT OD MPH | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6172662030 | PhoneNum |
| Signature | 2018-02-01 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CRAIG KLEIN | PreparerPersonNm |
| PTIN | P00734640 | PTIN |
| Phone | 6177610600 | PhoneNum |
| Preparation | 2018-02-01 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 207.172.72.163 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-02-01 | IPDt |
| IP Tm | 09:25:46 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 102C1995D04F643618E9EB8F2AEF5D32C98268A5 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 5DFDE5D22B2233F853D1439EA186636DEDF726C4 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CLIFFORD SCOTT OD MPH | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 424 BEACON STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02115 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $30,756,932 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NECO.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1894 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | CHANGING THE WAY PEOPLE SEE THE WORLD THROUGH OPTOMETRIC EDUCATION, DISCOVERY AND SERVICE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 21 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 20 | VotingMembersIndependentCnt |
| Total Employee | 394 | TotalEmployeeCnt |
| Total Volunteers | 46 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,807,109 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,465,751 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $21,956,251 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $23,232,041 | CYProgramServiceRevenueAmt |
| PY Investment Income | $577,082 | PYInvestmentIncomeAmt |
| CY Investment Income | $537,487 | CYInvestmentIncomeAmt |
| PY Other Revenue | $233,208 | PYOtherRevenueAmt |
| CY Other Revenue | $128,176 | CYOtherRevenueAmt |
| PY Total Revenue | $24,573,650 | PYTotalRevenueAmt |
| CY Total Revenue | $25,363,455 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $534,287 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $511,401 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $10,901,063 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $11,256,746 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $486,929 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $9,475,452 | PYOtherExpensesAmt |
| CY Other Expenses | $10,117,215 | CYOtherExpensesAmt |
| PY Total Expenses | $20,910,802 | PYTotalExpensesAmt |
| CY Total Expenses | $21,885,362 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,662,848 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,478,093 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $43,335,308 | TotalAssetsBOYAmt |
| Total Assets EOY | $48,258,955 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $17,958,246 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $17,981,976 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $25,377,062 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $30,276,979 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE OCHANGING THE WAY PEOPLE SEE THE WORLD THROUGH OPTOMETRIC EDUCATION, DISCOVERY AND SERVICE.WE DO SO BY:- INTEGRATING INNOVATIVE EDUCATION WITH EARLY AND DIVERSE CLINICAL EXPERIENCES TO PREPARE STUDENTS TO BECOME OUTSTANDING DOCTORS OF OPTOMETRY- ADVANCING THE FRONTIERS OF OPTOMETRIC KNOWLEDGE THROUGH RESEARCH, AND TRANSLATING THAT KNOWLEDGE TO IMPROVE PATIENTS' LIVES WORLDWIDE- CULTIVATING COMPASSIONATE CARE OF THE HIGHEST LEVEL OF PROFICIENCY, INTEGRITY, AND PROFESSIONALISM; INFLUENCING PUBLIC POLICY; EXPANDING ACCESS TO COMPREHENSIVE AND SPECIALTY OPTOMETRIC SERVICES; AND INSTILLING SENSITIVITY TO THE HEALTH AND SOCIAL WELFARE OF DIVERSE COMMUNITIES | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $14,476,850 | ExpenseAmt |
| Grant | $511,401 | GrantAmt |
| Revenue | $21,733,206 | RevenueAmt |
| Desc | DIDACTIC INSTRUCTION: SINCE 1894, THE NEW ENGLAND COLLEGE OF OPTOMETRY HAS BEEN THE EDUCATIONAL AND INTELLECTUAL CENTER OF OPTOMETRY IN NEW ENGLAND. LOCATED IN THE BACK BAY AREA OF BOSTON, THE COLLEGE IS AN INDEPENDENT PROFESSIONAL GRADUATE SCHOOL THAT EDUCATES ITS STUDENTS IN THE SCIENCE OF OPTOMETRY TO THE HIGHEST STANDARDS OF THE OPTOMETRIC PROFESSION WHILE AT THE SAME TIME ENCOURAGING A COMMITMENT TO LIFE-LONG LEARNING AND COMMUNITY SERVICE. NECO'S CURRICULUM EMPHASIZES THE RELATIONSHIP BETWEEN VISION, EYE HEALTH, AND SYSTEMIC HEALTH MORE BROADLY, AS WELL AS THE ROLE OF EYE AND VISION CARE IN THE EVOLVING LANDSCAPE OF HEALTHCARE AND HEALTHCARE POLICY.WITH AN ENROLLMENT OF APPROXIMATELY 533 STUDENTS, 508 IN THE OD PROGRAM, THE STUDENT BODY IS DIVERSE; REPRESENTING 34 US STATES AND 13 OTHER COUNTRIES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,241,700 | ExpenseAmt |
| Revenue | $1,614,917 | RevenueAmt |
| Desc | RESEARCH: THE NEW ENGLAND COLLEGE OF OPTOMETRY ADOPTED A MISSION STATEMENT IN 2015 EMPHASIZING THE COLLEGE'S ROLE IN ADVANCING THE FRONTIERS OF OPTOMETRIC KNOWLEDGE THROUGH RESEARCH AND TRANSLATING THAT KNOWLEDGE TO IMPROVE PATIENTS' LIVES WORLDWIDE. IN FISCAL YEAR 2017, THE COLLEGE RECEIVED REVENUE FROM 19 GRANTS, 3 OF WHICH WERE SPONSORED BY THE NATIONAL INSTITUTES OF HEALTH. AREAS OF FOCUS INCLUDED MYOPIA IN CHILDREN, EYE GROWTH RHYTHMS AND RETINAL SIGNALS IN REFRACTIVE DEVELOPMENT, CHANGES IN ASTIGMATISM AND ANISOMETROPIA, OCULAR SURFACE DISEASE, CONE SENSITIVITY TO TEMPORAL CHANGES IN COLOR AND LUMINANCE AND THE DEVELOPMENT OF MYOPIA, AND TESTING OF CERTAIN OPTICAL DEVICES. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $277,756 | ExpenseAmt |
| Revenue | $147,102 | RevenueAmt |
| Desc | INTERNATIONAL EDUCATION: THE COLLEGE VALUES ITS TRADITION OF EDUCATING THE COMMUNITY AND BRINGING VISION CARE TO UNDERSERVED POPULATIONS. IN FULFILLMENT OF THIS VALUE STATEMENT, THE COLLEGE'S FACULTY HAS PLAYED A KEY ROLE BY PROVIDING OPTOMETRIC EDUCATION IN OTHER COUNTRIES INCLUDING CHINA, GERMANY, AND ISRAEL DURING FISCAL YEAR 2017. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $15,996,306 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 67 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 394 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 21 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 20 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TRACI LOGAN SR VP FOR FINANCE AND | PersonNm |
| Phone | 6175875711 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 424 BEACON STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02115 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (30 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| PANO YERACARIS MD MPH | |||||||||
| BOARD CHAIR | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| MYRON ALLUKIAN JR DDS MPH | |||||||||
| TRUSTEE | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| CORNELIUS CHAPMAN JD | |||||||||
| TRUSTEE | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| JOAN M EXFORD OD DOS | |||||||||
| TRUSTEE | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| RONALD R FERRUCCI OD | |||||||||
| TRUSTEE | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| HOWARD GREENBERG | |||||||||
| TRUSTEE | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| KRISTEN GRIEBEL OD | |||||||||
| TRUSTEE | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| ANDREW HOAR | |||||||||
| TRUSTEE | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD HELLER JD | |||||||||
| TRUSTEE | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| DOROTHY HITCHMOTH OD | |||||||||
| TRUSTEE | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| STEPHEN N KIRNON MBA EDD | |||||||||
| TRUSTEE | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| COLIN L LEITCH MDIV | |||||||||
| TRUSTEE | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| KELLY MACDONALD OD | |||||||||
| TRUSTEE | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT F MEENAN MD MPH MBA | |||||||||
| TRUSTEE | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| RACHEL NEGRIS OD | |||||||||
| TRUSTEE | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| HOWARD PURCELL OD | |||||||||
| TRUSTEE | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| JOEL B ROSEN MBA | |||||||||
| TRUSTEE | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT RYAN CPA | |||||||||
| TRUSTEE | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD N SMALL CPA | |||||||||
| TRUSTEE | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| JOSEPH P ZOLNER EDD | |||||||||
| TRUSTEE | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| CLIFFORD SCOTT OD MPH | |||||||||
| TRUSTEE/PRESIDENT | 40.00 | 0.00 | Yes (X) | $351,940 | $0 | $25,457 | Yes (X) | ||
| TRACI LOGAN | |||||||||
| SR. VP FIN. & ADMIN./CFO-TREASURER | 40.00 | 0.00 | $340,060 | $0 | $34,153 | Yes (X) | |||
| ELIZABETH DAVIES | |||||||||
| SECRETARY/EXEC. DIR HR | 40.00 | 0.00 | $142,200 | $0 | $13,675 | Yes (X) | |||
| PATRICIA DAHILL | |||||||||
| SECRETARY/DIR. HR | 40.00 | 0.00 | $117,208 | $0 | $18,847 | Yes (X) | |||
| ROBERT B DIMARTINO OD | |||||||||
| VP ACAD AFF/DEAN | 40.00 | 0.00 | $172,365 | $0 | $35,641 | Yes (X) | |||
| ANTHONY CAVALLERANO OD | |||||||||
| EXECUTIVE DIRECTOR | 20.00 | 20.00 | $92,297 | $92,298 | $17,970 | Yes (X) | |||
| STEVEN B KOEVARY PHD | |||||||||
| PROFESSOR/CHAIR | 40.00 | 0.00 | $164,745 | $0 | $38,974 | Yes (X) | |||
| BRUCE D MOORE OD | |||||||||
| PROFESSOR | 32.00 | 8.00 | $129,914 | $32,478 | $38,603 | Yes (X) | |||
| ERIK WEISSBERG OD | |||||||||
| PROFESSOR | 36.00 | 4.00 | $136,112 | $15,123 | $13,433 | Yes (X) | |||
| C MARK CATAUDELLA | |||||||||
| DIR CAMPUS PLANNING/FACILITIES | 40.00 | 0.00 | $159,338 | $0 | $17,095 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,806,179 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $139,899 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $253,848 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 31 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BOWDOIN CONSTRUCTION CORP | |||||
| 220-1 RESERVOIR STREET | NEEDHAM HEIGHTS | MA | 02494 | CONSTRUCTION | $532,046 |
| ANN BEHA ARCHITECTS INC | |||||
| 33 KINGSTON STREET | BOSTON | MA | 02111 | ARCHITECTURAL SERVICES | $149,366 |
| POIRIER & SPRINGER INC | |||||
| 17E STERLING ROAD | NORTH BILLERICA | MA | 01862 | MAINTENANCE SERVICES | $103,111 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $120,140 | FundraisingAmt |
| All Other Contributions | $1,345,611 | AllOtherContributionsAmt |
| Total Contributions | $1,465,751 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 900099 | $21,470,022 | $21,470,022 |
| RESEARCH GRANTS | 900099 | $1,614,917 | $1,614,917 |
| INTERNATIONAL STUDIES | 900099 | $147,102 | $147,102 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $23,232,041 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $480,787 | TotalRevenueColumnAmt |
| Exclusion | $480,787 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,181,022 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,122,922 | SecuritiesAmt |
| Other | $1,400 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $58,100 | SecuritiesAmt |
| Other | -$1,400 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $56,700 | TotalRevenueColumnAmt |
| Exclusion | $56,700 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $17,935 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $120,140 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $152,943 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$135,008 | TotalRevenueColumnAmt |
| Exclusion | -$135,008 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $129,593 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $116,212 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,381 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $13,381 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| ADMIN. SERVICE FEE | 900099 | $150,000 | $150,000 |
| AUXILIARY ENTERPRISES | 900099 | $52,093 | $52,093 |
| INTEREST INCOME ON STUDENT LOANS | 900099 | $47,710 | $47,710 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $249,803 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $25,363,455 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $23,495,225 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $402,479 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $511,401 | TotalAmt |
| Program Services | $511,401 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,286,019 | TotalAmt |
| Program Services | $278,811 | ProgramServicesAmt |
| Management And General | $1,007,208 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,029,622 | TotalAmt |
| Program Services | $5,790,561 | ProgramServicesAmt |
| Management And General | $2,072,702 | ManagementAndGeneralAmt |
| Fundraising | $166,359 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $605,473 | TotalAmt |
| Program Services | $436,637 | ProgramServicesAmt |
| Management And General | $156,292 | ManagementAndGeneralAmt |
| Fundraising | $12,544 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $721,366 | TotalAmt |
| Program Services | $520,213 | ProgramServicesAmt |
| Management And General | $186,208 | ManagementAndGeneralAmt |
| Fundraising | $14,945 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $614,266 | TotalAmt |
| Program Services | $442,978 | ProgramServicesAmt |
| Management And General | $158,562 | ManagementAndGeneralAmt |
| Fundraising | $12,726 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,050 | TotalAmt |
| Program Services | $8,498 | ProgramServicesAmt |
| Management And General | $59,552 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,985 | TotalAmt |
| Management And General | $71,985 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $120,109 | TotalAmt |
| Program Services | $60,055 | ProgramServicesAmt |
| Management And General | $60,054 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,426,613 | TotalAmt |
| Program Services | $1,063,329 | ProgramServicesAmt |
| Management And General | $358,574 | ManagementAndGeneralAmt |
| Fundraising | $4,710 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $133,617 | TotalAmt |
| Program Services | $6,400 | ProgramServicesAmt |
| Management And General | $116,367 | ManagementAndGeneralAmt |
| Fundraising | $10,850 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,551 | TotalAmt |
| Program Services | $120,588 | ProgramServicesAmt |
| Management And General | $23,929 | ManagementAndGeneralAmt |
| Fundraising | $8,034 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $297,051 | TotalAmt |
| Program Services | $223,169 | ProgramServicesAmt |
| Management And General | $73,882 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $217,119 | TotalAmt |
| Program Services | $183,900 | ProgramServicesAmt |
| Management And General | $21,055 | ManagementAndGeneralAmt |
| Fundraising | $12,164 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $522,233 | TotalAmt |
| Program Services | $224,720 | ProgramServicesAmt |
| Management And General | $66,146 | ManagementAndGeneralAmt |
| Fundraising | $231,367 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $160,318 | TotalAmt |
| Program Services | $120,239 | ProgramServicesAmt |
| Management And General | $40,079 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,293,626 | TotalAmt |
| Program Services | $970,220 | ProgramServicesAmt |
| Management And General | $323,406 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $198,457 | TotalAmt |
| Management And General | $198,457 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| EDUCATIONAL SERVICE FEE | $4,400,590 | $4,400,590 | ||
| EQUIPMENT RENTAL/MAINT. | $270,292 | $151,580 | $117,278 | $1,434 |
| SUPPLIES | $270,056 | $182,791 | $85,566 | $1,699 |
| PRINTING & PUBLICATIONS | $121,267 | $111,570 | $3,624 | $6,073 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $393,281 | TotalAmt |
| Program Services | $188,056 | ProgramServicesAmt |
| Management And General | $201,201 | ManagementAndGeneralAmt |
| Fundraising | $4,024 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,885,362 | TotalAmt |
| Program Services | $15,996,306 | ProgramServicesAmt |
| Management And General | $5,402,127 | ManagementAndGeneralAmt |
| Fundraising | $486,929 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,529,787 | BOYAmt |
| EOY | $5,889,467 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,289 | BOYAmt |
| EOY | $242,312 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $314,734 | BOYAmt |
| EOY | $252,487 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,746,249 | BOYAmt |
| EOY | $9,209,781 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $97,552 | BOYAmt |
| EOY | $145,412 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $331,592 | BOYAmt |
| EOY | $307,985 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $30,472,958 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $21,384,260 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,974,660 | BOYAmt |
| EOY | $9,088,698 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,794,707 | BOYAmt |
| EOY | $21,848,756 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,484,738 | BOYAmt |
| EOY | $1,274,057 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,335,308 | BOYAmt |
| EOY | $48,258,955 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $843,718 | BOYAmt |
| EOY | $1,252,473 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,528,329 | BOYAmt |
| EOY | $2,302,668 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,790,000 | BOYAmt |
| EOY | $6,350,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,796,199 | BOYAmt |
| EOY | $8,076,835 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,958,246 | BOYAmt |
| EOY | $17,981,976 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,202,537 | BOYAmt |
| EOY | $19,131,064 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,362,489 | BOYAmt |
| EOY | $6,640,299 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,812,036 | BOYAmt |
| EOY | $4,505,616 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,377,062 | BOYAmt |
| EOY | $30,276,979 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,335,308 | BOYAmt |
| EOY | $48,258,955 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,478,093 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,424,928 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$3,104 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $120,000 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $109 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $120,109 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | THE COLLEGE HAS PAID TWO LOBBYISTS A TOTAL OF $120,000 FOR MATTERS OF IMPORTANCE REGARDING FEDERAL AND STATE LEGISLATIVE ISSUES IN FY'17. AMOUNTS WERE PAID TO LYNCH & ASSOCIATES, BOSTON, MA $60,000 AND TO O'NEILL, ATHY & CASEY $60,000. IN ADDITION, THE COLLEGE IS A MEMBER OF THE NEW ENGLAND COUNCIL, THE ASSOCIATION OF SCHOOLS AND COLLEGES OF OPTOMETRY, AND THE ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES OF MASSACHUSETTS; EACH OF WHICH MAY HAVE A PORTION OF THEIR DUES ATTRIBUTED TO LOBBYING. | ExplanationTxt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,577,524 | BeginningYearBalanceAmt |
| Contributions | $730,392 | ContributionsAmt |
| Investment Earnings Or Losses | $997,753 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $120,052 | GrantsOrScholarshipsAmt |
| Other Expenditures | $192,826 | OtherExpendituresAmt |
| End Year Balance | $9,992,791 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $7,175,324 | BeginningYearBalanceAmt |
| Contributions | $1,738,611 | ContributionsAmt |
| Investment Earnings Or Losses | -$35,031 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $119,801 | GrantsOrScholarshipsAmt |
| Other Expenditures | $181,579 | OtherExpendituresAmt |
| End Year Balance | $8,577,524 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $7,216,061 | BeginningYearBalanceAmt |
| Contributions | $33,848 | ContributionsAmt |
| Investment Earnings Or Losses | $197,444 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $88,812 | GrantsOrScholarshipsAmt |
| Other Expenditures | $183,217 | OtherExpendituresAmt |
| End Year Balance | $7,175,324 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,341,786 | BeginningYearBalanceAmt |
| Contributions | $102,960 | ContributionsAmt |
| Investment Earnings Or Losses | $1,083,371 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $84,753 | GrantsOrScholarshipsAmt |
| Other Expenditures | $227,303 | OtherExpendituresAmt |
| End Year Balance | $7,216,061 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $5,949,268 | BeginningYearBalanceAmt |
| Contributions | $139,179 | ContributionsAmt |
| Investment Earnings Or Losses | $588,019 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $163,010 | GrantsOrScholarshipsAmt |
| Other Expenditures | $171,670 | OtherExpendituresAmt |
| End Year Balance | $6,341,786 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.45100 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.54900 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $22,653,055 | OtherCostOrOtherBasisAmt |
| Depreciation | $15,153,356 | DepreciationAmt |
| Book Value | $7,499,699 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,459,639 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,796,462 | DepreciationAmt |
| Book Value | $663,177 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,360,264 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,434,442 | DepreciationAmt |
| Book Value | $925,822 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $9,088,698 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ANNUITY OBLIGATIONS | $40,697 |
| GOVERNMENT GRANTS REFUNDABLE | $8,036,138 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $8,076,835 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $26,390,090 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,424,928 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $113,108 | OtherRevenueAmt |
| Revenue Not Reported | $1,538,036 | RevenueNotReportedAmt |
| Revenue Subtotal | $24,852,054 | RevenueSubtotalAmt |
| Other Revenues Not Included | $511,401 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $511,401 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $25,363,455 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $21,490,173 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $116,212 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $116,212 | ExpensesNotReportedAmt |
| Expenses Subtotal | $21,373,961 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $511,401 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $511,401 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $21,885,362 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE USE OF THE ORGANIZATION'S ENDOWMENT FUNDS IS PRIMARILY TO FUND SCHOLARSHIPS AS WELL AS OPTOMETRIC EDUCATIONAL AND RESEARCH PROGRAMS. ALL USES ARE IN ACCORDANCE WITH DONOR'S INSTRUCTIONS. |
| PART X, LINE 2: | THE COLLEGE ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE COLLEGE HAS IDENTIFIED ITS TAX STATUS AS A TAX-EXEMPT ENTITY AND ITS DETERMINATION AS TO ITS INCOME BEING RELATED OR UNRELATED AS ITS ONLY SIGNIFICANT TAX POSITIONS; HOWEVER, THE COLLEGE HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE COLLEGE IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTIONS. THE COLLEGE'S FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD 116,212. CHANGE IN VALUE OF ANNUITY OBLIGATIONS -3,105. ROUNDING 1. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS AWARDED 511,401. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD 116,212. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS AWARDED 511,401. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | ALL RECRUITMENT MATERIAL, ALL APPLICABLE CATALOGUES AND GUIDE-BOOKS, AS WELL AS THE WEBSITE AND BYLAWS CLEARLY DISCLOSE THE COLLEGE'S NON-DISCRIMINATION POLICIES. |
| SCHEDULE E, PART I, LINE 6 | THE COLLEGE PARTICIPATES IN A NUMBER OF FEDERAL FINANCIAL AID PROGRAMS FOR ITS STUDENTS: FEDERAL FAMILY EDUCATION LOANS, FEDERAL DIRECT STUDENT LOANS, FEDERAL PERKINS LOANS, LOANS FOR DISADVANTAGED STUDENTS, SCHOLARSHIPS FOR DISADVANTAGED STUDENTS, AND HEALTH PROFESSIONAL STUDENT LOANS. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| MIDDLE EAST AND NORTH AFRICA | 0 | 0 | PROGRAM SERVICE | OPTOMETRIC EDUCATION - ISRAEL | $15,108 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | PROGRAM SERVICE | OPTOMETRIC EDUCATION - CHINA | $36,634 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | PROGRAM SERVICE | OPTOMETRIC EDUCATION - GERMANY | $86,397 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $138,139 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $138,139 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | PROFILES IN VISION GALA | Event1Nm |
| Gross Receipts Event1 | $138,075 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $120,140 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $17,935 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $20,370 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $50,435 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $6,172 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $75,966 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $138,075 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $120,140 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $17,935 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $20,370 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $50,435 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $6,172 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $75,966 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $152,943 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$135,008 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 87 | RecipientCnt |
| Non Cash Assistance | $511,401 | NonCashAssistanceAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Non Cash Assistance | TUITION SCHOLARSHIPS | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | ALL FUNDS ARE APPLIED DIRECTLY FROM THE FINANCIAL AID OFFICE AND THE BUSINESS OFFICE TO THE STUDENT'S ACCOUNT BALANCE AT THE COLLEGE. USE IS INTERNALLY CONTROLLED BY THE COLLEGE. NECO SCHOLARSHIPS REQUIRE A MINIMUM 3.2 GRADE POINT AVERAGE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CLIFFORD SCOTT OD MPH | ||||||||||||||
| TRUSTEE/PRESIDENT | $343,289 | $0 | $0 | $0 | $8,651 | $0 | $23,850 | $0 | $1,607 | $0 | $377,397 | $0 | $0 | $0 |
| TRACI LOGAN | ||||||||||||||
| SR. VP FIN. & ADMIN./CFO-TREASURER | $325,618 | $0 | $13,000 | $0 | $1,442 | $0 | $23,850 | $0 | $10,303 | $0 | $374,213 | $0 | $0 | $0 |
| ELIZABETH DAVIES | ||||||||||||||
| SECRETARY/EXEC. DIR HR | $137,790 | $0 | $4,000 | $0 | $410 | $0 | $12,068 | $0 | $1,607 | $0 | $155,875 | $0 | $0 | $0 |
| ROBERT B DIMARTINO OD | ||||||||||||||
| VP ACAD AFF/DEAN | $172,170 | $0 | $0 | $0 | $195 | $0 | $15,992 | $0 | $19,649 | $0 | $208,006 | $0 | $0 | $0 |
| ANTHONY CAVALLERANO OD | ||||||||||||||
| EXECUTIVE DIRECTOR | $91,185 | $91,185 | $0 | $0 | $1,112 | $1,113 | $8,181 | $8,182 | $803 | $804 | $101,281 | $101,284 | $0 | $0 |
| STEVEN B KOEVARY PHD | ||||||||||||||
| PROFESSOR/CHAIR | $163,175 | $0 | $0 | $0 | $1,570 | $0 | $14,866 | $0 | $24,108 | $0 | $203,719 | $0 | $0 | $0 |
| BRUCE D MOORE OD | ||||||||||||||
| PROFESSOR | $128,469 | $32,117 | $0 | $0 | $1,445 | $361 | $12,082 | $3,020 | $18,801 | $4,700 | $160,797 | $40,198 | $0 | $0 |
| ERIK WEISSBERG OD | ||||||||||||||
| PROFESSOR | $134,587 | $14,954 | $1,260 | $140 | $265 | $29 | $11,594 | $1,288 | $496 | $55 | $148,202 | $16,466 | $0 | $0 |
| C MARK CATAUDELLA | ||||||||||||||
| DIR CAMPUS PLANNING/FACILITIES | $157,631 | $0 | $0 | $0 | $1,707 | $0 | $14,545 | $0 | $2,550 | $0 | $176,433 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | CERTAIN PERFORMANCE BASED BONUSES WERE PAID FOLLOWING APPROVAL BY THE PRESIDENT AND/OR SENIOR MANAGEMENT. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASS DEVELOPMENT FINANCE AGENCY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 043431814 | BondIssuerEIN |
| CUSIP | NONEAVAIL | CUSIPNum |
| Bond Issued | 2013-12-05 | BondIssuedDt |
| Issue Price | $7,900,000 | IssuePriceAmt |
| Purpose | REFINANCING OF THE SERIES 1997 BOND AND COMERCIAL PAPER | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $7,900,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $74,725 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $7,825,275 | CapitalExpendituresAmt |
| Substantial Completion | 2013 | SubstantialCompletionYr |
| Current Refunding | Yes (1) | CurrentRefundingInd |
| Advance Refunding | 0 | AdvanceRefundingInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00000 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (1) | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 WAS REVIEWED BY MANAGEMENT AND APPROVED BY THE COLLEGE'S AUDIT AND COMPLIANCE COMMITTEE AND FURNISHED TO THE BOARD OF TRUSTEES BEFORE FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE COLLEGE'S WRITTEN CONFLICT OF INTEREST POLICY REQUIRES TRUSTEES, OFFICERS, AND KEY EMPLOYEES TO REPORT AT LEAST ANNUALLY, ON A WRITTEN BASIS, ANY CONFLICT OR POTENTIAL CONFLICT OF INTEREST. THOSE STATEMENTS ARE FIRST REVIEWED BY THE GOVERNANCE AND TRUSTEESHIP COMMITTEE AND THEN REFERRED TO THE AUDIT AND COMPLIANCE COMMITTEE. AFTER REVIEW AND CLARIFICATION, THOSE CONFLICTS ARE DISCUSSED WITH THE FULL BOARD IRRESPECTIVE OF DOLLAR AMOUNT. DIRECTORS ARE PROHIBITED FROM VOTING ON MATTERS INVOLVING AN ACTUAL OR POTENTIAL CONFLICT AND ARE REQUESTED TO RECUSE THEMSELVES FROM VOTING ON SUCH MATTERS. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE COMPENSATION OF THE PRESIDENT AND SENIOR VICE PRESIDENT, EXAMINING BOTH PERFORMANCE AND COMPARATIVE SALARY DATA FROM OTHER ACADEMIC INSTITUTIONS. THE EXECUTIVE COMMITTEE ON OCCASION HAS USED AN OUTSIDE SEARCH FIRM OR OTHER COMPENSATION CONSULTANTS. NECO HAS ALSO INITIATED AN INDEPENDENT COMPENSATION STUDY FOR FACULTY AND STAFF. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE VIA THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. THE FORM 990 IS ALSO AVAILABLE VIA WWW.GUIDESTAR.ORG. THE GOVERNING DOCUMENTS ARE PUBLISHED ON OUR WEBSITE. THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON WRITTEN REQUEST. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF ANNUITY OBLIGATIONS -3,104. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW ENGLAND EYE INSTITUTE INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 940 COMMONWEALTH AVENUE | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02215 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043575676 | EIN |
| Primary Activities | EYE CARE PROVIDER | PrimaryActivitiesTxt |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 10 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW ENGLAND COLLEGE OF OPTOMETRY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (5 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| NEW ENGLAND EYE INSTITUTE INC | ||
| D | $1,137,438 | BOOK VALUE |
| NEW ENGLAND EYE INSTITUTE INC | ||
| D | $136,619 | BOOK VALUE |
| NEW ENGLAND EYE INSTITUTE INC | ||
| L | $150,000 | BOOK VALUE |
| NEW ENGLAND EYE INSTITUTE INC | ||
| M | $4,400,590 | BOOK VALUE |
| NEW ENGLAND EYE INSTITUTE INC | ||
| P | $72,778 | BOOK VALUE |
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