2017-05-15T12:37:03-05:00 2016-06-30 861065772 DELOITTE TAX LLP 7900 TYSONS ONE PLACE SUITE 800 MCLEAN VA 22102 990 2015-07-01 541838292 COLLEGE ENTERPRISES INC COLL 7572212744 PO BOX 8795 WILLIAMSBURG VA 231878795 JOSEPH W MONTGOMERY TREASURER 7572201782 2017-05-15 1 JOHN W SADOFF JR P00540589 7032511000 2015 2021-01-29 14:40:06Z JOSEPH MONTGOMERY PO BOX 8795 WILLIAMSBURG VA 231878795 3338939 0 X NONE X 1995 VA CEI PROVIDES VOICE, VIDEO, CABLE, TELECOMMUNICATIONS AND RELATED OR SIMILAR SYSTEMS, EQUIPMENT AND ASSETS ALONG WITH THE OPERATION AND MANAGEMENT OF SAME FOR THE USE AND BENEFIT OF STUDENTS, FACULTY AND STAFF OF THE COLLEGE OF WILLIAM AND MARY. 3 3 0 3 0 0 0 0 2192538 3334581 -29380 4358 0 0 2163158 3338939 0 0 0 0 442435 497261 0 0 0 1322059 3739351 1764494 4236612 398664 -897673 3589531 2871837 457617 637596 3131914 2234241 X THE PURPOSE OF COLLEGE ENTERPRISES, INC. (CEI) IS TO OWN, OPERATE, ACQUIRE, CONSTRUCT, INSTALL AND MAINTAIN VOICE, VIDEO, CABLE, TELECOMMUNICATIONS AND RELATED OR SIMILAR SYSTEMS FOR THE USE AND BENEFIT OF THE COLLEGE OF WILLIAM AND MARY IN VIRGINIA. CEI WILL PURCHASE AND INSTALL EQUIPMENT NECESSARY TO DELIVER SUCH SERVICES AND MAINTAIN SUCH SYSTEMS AND CONTRACT WITH CABLE PROVIDERS TO DELIVER SERVICES ON CAMPUS. 0 0 4199373 3334581 CEI PROVIDES VOICE, VIDEO, CABLE, TELECOMMUNICATIONS AND RELATED OR SIMILAR SYSTEMS, EQUIPMENT AND ASSETS ALONG WITH THE OPERATION AND MANAGEMENT OF SAME FOR THE USE AND BENEFIT OF STUDENTS, FACULTY AND STAFF OF THE COLLEGE OF WILLIAM AND MARY. 4199373 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 6 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X KARYN TANCREDI 7572212744 5300 DISCOVERY PARK BOULEVARD 3RD WILLIAMSBURG VA 231882695 MICHAEL K POWELL DIRECTOR 0.30 1.00 X 0 0 0 JOHN W GERDELMAN DIRECTOR 0.30 0.00 X 0 0 0 JOSEPH W MONTGOMERY DIRECTOR/TREASURER 0.30 0.00 X X 0 0 0 SAMUEL E JONES W&M SR VP FIN/ADMIN SECT 0.50 52.50 X 0 300006 60182 COURTNEY M CARPENTER CIO, COLLEGE OF W&M 5.00 35.00 X 0 171484 37154 PETER C KELLOGG DIRECTOR OF INFORMATION SECURITY 10.00 30.00 X 0 104274 36174 0 575764 133510 0 0 1 0 VARROW INC 804 GREEN VALLEY RD STE 104 GREENSBORO NC 274087044 REDUNDANT POWER SUPPLY AND SUPPORT 160521 CDIS INC 407 INDUSTRY DRIVE HAMPTON VA 23661 CABLING 148438 IPC TECHNOLOGIES INC 7200 GLEN FOREST DR STE 100 RICHMOND VA 232263768 PHONE SYSTEM MAINTENANCE 144288 3 X TECH FEES FROM COLLEGE 900099 2030487 2030487 COLL CONSTR INSTAL FEE 900099 1304094 1304094 3334581 4358 4358 3338939 3334581 0 4358 X 361986 336186 25800 50132 47339 2793 58278 53810 4468 26865 24972 1893 25 25 2260 2260 162078 162078 8337 8337 478 478 248 248 6834 6834 272660 272660 13140 13140 INSTALL-COLLEGE CONSTR. 2201983 2201983 VOICE & DATA SERVICES 483619 483619 CABLE WIRING & EQUIP. 292492 292492 HARDWARE & SOFTW MAINT 287074 287074 8123 8123 4236612 4199373 37239 0 2158050 1536052 0 1672 324214 240781 5987166 4893834 1107267 1093332 3589531 2871837 144617 637596 313000 0 457617 637596 X 3131914 2234241 3131914 2234241 3589531 2871837 -897673 0 X X 0 1 X 1 0 X X 2 THE COLLEGE OF WILLIAM AND MARY 546001718 2 1 4199373 0 THE COLLEGE OF WILLIAM AND MARY FOUNDATION 540734117 5 1 0 0 2 4199373 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 SCHEDULE A, PART I, LINE 11H, COLUMN VII: THIS FOUNDATION IS PROVIDED ACCESS TO THE VOICE, VIDEO, CABLE, TELECOMMUNICATIONS AND RELATED SYSTEMS THAT CEI OPERATES FOR THE BENEFIT OF THE COLLEGE. SCHEDULE A, PART VI, SECTION A, LINE 2: THE COLLEGE OF WILLIAM AND MARY IS NOT REQUIRED TO OBTAIN IRS DETERMINATION OF STATUS UNDER SECTION 509(A)(1) OR (2) BECAUSE IT IS A STATE UNIVERSITY. SCHEDULE A, PART VI, SECTION B, LINE 1: THE COLLEGE OF WILLIAM & MARY FOUNDATION HAS THE POWER TO APPOINT 3 DIRECTORS OF COLLEGE ENTERPRISES, INC. THE COLLEGE OF WILLIAM AND MARY MAY APPOINT UP TO 2 DIRECTORS. THERE WERE NO CONDITIONS OR RESTRICTIONS APPLIED TO SUCH POWERS DURING THE TAX YEAR. 5978188 4887550 1090638 8978 6284 2694 1093332 X PART X, LINE 2: ASC TOPIC 740, INCOME TAXES, PROVIDES GUIDANCE ON HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, PRESENTED, AND DISCLOSED IN THE FINANCIAL STATEMENTS. COLLEGE ENTERPRISES, INC. HAS EVALUATED TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING ITS TAX RETURN TO DETERMINE WHETHER THE TAX POSITIONS WILL "MORE-LIKELY-THAN-NOT" BE SUSTAINED BY THE APPLICABLE TAX AUTHORITY. AS A RESULT TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD RESULT IN A CURRENT YEAR EXPENSE OR THE ABSENCE OF A BENEFIT, AS APPROPRIATE FOR THE TAX POSITION. COLLEGE ENTERPRISES, INC. HAS CONCLUDED THAT NO PROVISION FOR INCOME TAX IS REQUIRED FOR THE YEARS ENDED JUNE 30, 2016 AND 2015. 0 0 0 0 0 0 0 0 0 SAMUEL E JONES W&M SR VP FIN/ADMIN SECT 0 300006 0 0 0 0 0 38530 0 21652 0 360188 0 0 COURTNEY M CARPENTER CIO, COLLEGE OF W&M 0 171484 0 0 0 0 0 18482 0 18672 0 208638 0 0 FORM 990, PART VI, SECTION A, LINE 7A THE COLLEGE OF WILLIAM & MARY FOUNDATION HAS THE POWER TO APPOINT 3 DIRECTORS OF COLLEGE ENTERPRISES, INC. THE COLLEGE OF WILLIAM AND MARY MAY APPOINT UP TO 2 DIRECTORS. THERE WERE NO CONDITIONS OR RESTRICTIONS APPLIED TO SUCH POWERS DURING THE TAX YEAR. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO COMMITTEES, SO NO DOCUMENTS ARE MAINTAINED FOR COMMITTEE MEETINGS. THE ORGANIZATION DOES CONTEMPORANEOUSLY DOCUMENT MEETINGS HELD AND WRITTEN ACTIONS UNDERTAKEN DURING THE YEAR BY THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION PROVIDED A COPY OF THE FORM 990 TO THE GOVERNING BODY BEFORE IT WAS FILED. A DRAFT OF THE FORM 990 IS REVIEWED BY THE DIRECTOR OF FINANCE/CONTROLLER OF THE COLLEGE OF WILLIAM & MARY FOUNDATION AND THE SENIOR VICE PRESIDENT OF FINANCE & ADMINISTRATION FOR THE COLLEGE OF WILLIAM AND MARY. THE COMPLETED RETURN IS REVIEWED AGAIN PRIOR TO FILING, AND A COMPLETE COPY IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL DISCLOSURES ARE REVIEWED FOR POSSIBLE CONFLICTS, WHICH ARE ADDRESSED IN THE MANNER OUTLINED IN THE CONFLICT OF INTEREST POLICY. MATTERS RAISED EITHER PRIOR TO OR DURING A MEETING OF THE BOARD ARE ADDRESSED AT THAT TIME. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. SUCH INTERESTED PERSON SHALL NOT ATTEMPT TO EXERT HIS/HER PERSONAL INFLUENCE WITH RESPECT TO THE MATTER, EITHER AT OR OUTSIDE THE MEETING. FORM 990, PART VI, SECTION B, LINE 15 PART VII, SECTION A; AND SCHEDULE J, PART II: COLLEGE ENTERPRISES, INC. HAS NO EMPLOYEES OF RECORD; ALL PAY REFLECTED FOR OFFICERS OR KEY EMPLOYEES IS FROM THE COLLEGE OF WILLIAM AND MARY AND REPRESENTS COMPENSATION FOR THEIR SERVICES IN THEIR POSITIONS AT THE COLLEGE. COMPENSATION IS DETERMINED IN ACCORDANCE WITH THE COLLEGE'S PAY PRACTICES, WHICH INCLUDES CONSIDERATION OF RELEVANT MARKET DATA. FORM 990, PART VI, SECTION C, LINE 19 COLLEGE ENTERPRISE INC.'S FINANCIAL STATEMENTS ARE CONSOLIDATED WITH OTHER ORGANIZATIONS. THE CONSOLIDATED FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. FORM 990, PART VIII, LINE 2B THE $1,304,094 OF REVENUE EARNED IN 2015 AND THE $2,201,983 OF RELATED COSTS OF CONSTRUCTION ARE SIGNIFICANTLY HIGHER THAN PRIOR YEARS AS A RESULT OF SEVERAL LARGE TECHNOLOGY INFRASTRUCTURE PROJECTS FOR THE COLLEGE. FORM 990, PART IX, LINE 24A THE $1,304,094 OF REVENUE EARNED IN 2015 AND THE $2,201,983 OF RELATED COSTS OF CONSTRUCTION ARE SIGNIFICANTLY HIGHER THAN PRIOR YEARS AS A RESULT OF SEVERAL LARGE TECHNOLOGY INFRASTRUCTURE PROJECTS FOR THE COLLEGE. FORM 990, PART XII, LINE 2A & 2B: COLLEGE ENTERPRISE INC.'S FINANCIAL STATEMENTS WERE PART OF CONSOLIDATED FINANCIAL STATEMENTS, WHICH WERE AUDITED BY AN INDEPENDENT AUDITOR. THE AUDIT COMMITTEE OF THE COLLEGE OF WILLIAM AND MARY FOUNDATION OVERSEES THE AUDIT PROCESS AND APPOINTMENT OF INDEPENDENT AUDITORS. SCHEDULE R, PART V: REIMBURSEMENTS ARE MADE BASED ON ACTUAL COST. TRANSFER OF TECHNOLOGY FEES IS BASED ON ACTUAL AMOUNTS COLLECTED. PAYMENT FOR INSTALLATION OF VOICE/DATA INFRASTRUCTURE IN NEW COLLEGE CONSTRUCTION IS BASED ON ACTUAL COST PLUS AN ADMINISTRATIVE COST. EMPLOYEES OF THE COLLEGE OF WILLIAM AND MARY (COLLEGE) PERFORM THE WORK OF COLLEGE ENTERPRISES, INC. (CEI) AND CEI REIMBURSES THE COLLEGE FOR ALL OR PART OF THESE SALARIES. AS A RESULT OF THIS ARRANGEMENT, LINE 1O OF SCHEDULE R PART V IS CHECKED "YES". A TOTAL OF $497,261 WAS REIMBURSED TO THE COLLEGE DURING THE TAX YEAR, AND IS INCLUDED IN THE AMOUNT DISCLOSED FOR LINE 1P. COLLEGE EMPLOYEES WHO PERFORM WORK FOR CEI USE OFFICE SPACE IN COLLEGE BUILDINGS, AND SOME EQUIPMENT IS HOUSED IN COLLEGE BUILDINGS. AS A RESULT, LINE 1N OF SCHEDULE R PART V IS CHECKED "YES". THE VALUE OF THE USE OF THIS SPACE IS UNKNOWN. THE COLLEGE OF WILLIAM AND MARY PO BOX 8795 WILLIAMSBURG VA 231878795 546001718 INST OF HIGHER ED, STATE AGENCY OF VIRGINIA VA LINE 2 N/A 0 THE COLLEGE OF WILLIAM & MARY FOUNDATION 5300 DISCOVERY PARK BOULEVARD WILLIAMSBURG VA 231882695 540734117 SUPPORT THE COLLEGE OF WILLIAM & MARRY VA 501(C)(3) LINE 5 N/A 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0 THE COLLEGE OF WILLIAM AND MARY L 3334581 SEE COMMENT IN SCHEDULE O THE COLLEGE OF WILLIAM AND MARY P 509915 SEE COMMENT IN SCHEDULE O