2016-05-13T15:07:18-05:00 2015-06-30 KPMG LLP 60 South Street Boston MA 02111 990 2014-07-01 030179403 Saint Michael's College % Shirley Goodell-Lackey SAIN 8026542586 One Winooski Park Box 274 Colchester VT 05439 NEAL E ROBINSON VP FINANCE 8026542586 2016-05-13 true Shy Joseph P01085371 6179881000 2014 2016-08-17 19:52:53Z Neal E Robinson One Winooski Park Box 274 Colchester VT 05439 171436474 false 0928 X www.smcvt.edu X 1913 VT THE MISSION OF THE COLLEGE IS TO CONTRIBUTE THROUGH HIGHER EDUCATION, TO THE ENHANCEMENT OF THE HUMAN PERSON AND ADVANCEMENT OF CULTURE IN THE LIGHT OF THE CATHOLIC FAITH. 32 27 2144 1715 -20066 -78622 6184942 4992520 104707964 109966137 16457112 8073403 1602306 1468550 128952324 124500610 35912661 39067869 0 0 42516976 43802495 0 0 2006674 37468571 35194225 115898208 118064589 13054116 6436021 208661733 207342400 68628732 65200435 140033001 142141965 X IT IS THE MISSION OF SAINT MICHAEL'S COLLEGE TO CONTRIBUTE THROUGH HIGHER EDUCATION, TO THE ENHANCEMENT OF THE HUMAN PERSON AND TO THE ADVANCEMENT OF HUMAN CULTURE IN THE LIGHT OF THE CATHOLIC FAITH. false false 70234053 39067869 85803282 ACADEMIC PROGRAM AND FINANCIAL SUPPORT SERVICES, SEE SCHEDULE O. 20579828 24162855 Auxiliary Enterprises, See Schedule O 13130971 Student Services, See Schedule O 2353472 106298324 true true false true false false false false false true true true false false true true false true true true true true true false false false false true true true true false false false false false false false false false true true false false false false true true true false true 4284 0 true 2144 true true true false false false false true true false false false false false false X 32 27 false false false false false false false true true false false false true true true true true true true false VT X X Shirley Goodell-Lackey 8026542586 One Winooski Park Box 274 Colchester VT 05439 William H Gallagher Chairman of the Board 1.0 0.0 X 0 0 0 Dr Peggy R Williams Vice Chair of the Board 2.0 0.0 X 0 0 0 Dr Sultan Ahamed Trustee 1.0 0.0 X 0 0 0 Sr Peg Albert OP PHD Trustee 1.0 0.0 X 0 0 0 Sr Lorraine Aucion PM Trustee 1.0 0.0 X 0 0 0 Patricia A Casey Trustee 2.0 0.0 X 0 0 0 Philip C Ciulla Jr Trustee 5.0 0.0 X 0 0 0 Rev David G Cray SSE Trustee 2.0 0.0 X 0 0 0 Rev Michael Cronogue SSE Trustee 15.0 0.0 X 0 0 0 Donald R Dion Jr Trustee 1.0 0.0 X 0 0 0 Rev Raymond J Doherty SSE Trustee 1.0 1.0 X 6181 0 0 Joseph P Garrity Trustee 2.0 0.0 X 0 0 0 Bro Francis J Hagerty SSE Trustee 1.0 0.0 X 0 0 0 Rev Thomas F X Hoar SSE Trustee 5.0 0.0 X 0 0 0 Rev Stephen W Hornat SSE Trustee 1.0 0.0 X 0 0 0 Noriko Kameda Trustee 1.0 0.0 X 0 0 0 Anthony J Maginnis Trustee 2.0 0.0 X 0 0 0 Michael E McGarth Trustee 2.0 0.0 X 0 0 0 Mary-Kate G McKenna Trustee 3.0 0.0 X 0 0 0 Gerald W McKenna Trustee 4.0 0.0 X 0 0 0 Dr Mark R Nelson Trustee 1.0 0.0 X 0 0 0 William B O'Keefe Trustee 1.0 0.0 X 0 0 0 Dr Celine R Paquette Trustee 1.0 0.0 X 0 0 0 Carol S Piccaro Trustee 2.0 0.0 X 0 0 0 Ernest A Pomerleau Trustee 1.0 0.0 X 0 0 0 Rev Marcel R Rainville SSE Trustee 30.0 0.0 X 42560 0 0 Steven J Renehan Trustee 1.0 0.0 X 0 0 0 Barry D Roy Trustee 1.0 0.0 X 0 0 0 Michael L Seaver Trustee 2.0 0.0 X 0 0 0 Rev David J Theroux SSE Trustee 20.0 0.0 X 18480 0 0 Robert F Tobin MD Trustee 5.0 0.0 X 0 0 0 Dr John J Neuhauser President 40.0 0.0 X X 375771 0 83656 Marilyn E Cormier Secretary of the Board 40.0 1.0 X 87753 0 16180 Neal E Robinson VP Finance and Treasurer 40.0 0.0 X 192928 0 32795 Sarah M Kelly VP Admission/Enrollment 40.0 0.0 X 191520 0 27120 Karen A Talentino VP Academic Affairs 40.0 0.0 X 188663 0 32386 Dawn M Ellinwood VP Student Affairs 40.0 1.0 X 178027 0 37705 William O Anderson Chief Information Officer 40.0 0.0 X 177400 0 34593 Michael J New VP Human Resources 40.0 0.0 X 156831 0 13815 Patrick J Gallivan VP Institutional Advancement 40.0 1.0 X 150353 0 20360 Carey H Kaplan Professor English 40.0 0.0 X 167209 0 9333 Mark Birger Benson Professor Acct & Business 40.0 0.0 X 139331 0 12111 Zafir G Bludevich Sr Assoc. Athletic Director 40.0 0.0 X 134431 0 8699 Ronald B Miller Professor Graduate Psychology 40.0 0.0 X 131672 0 24914 Dennis William Voigt Professor Acct & Business 40.0 0.0 X 129172 0 15026 Jerry E Flanagan Senior Philanthropic Advisor 40.0 0.0 X 104326 0 10521 2572608 0 379214 41 true true false Competitive Computing Inc 354 Mountain View Drive Suite 400 Colchester VT 05446 IT Consultants 734885 Royall Company 1920 East Parham Road Richmond VA 23228 Recruit Consultants 594938 Atrion Networking Corporation 30 Service Avenue Warwick RI 02886 IT Consultants 359589 Maguire Associates 555 Virginia Road Suite 201 Concord MA 01742 Financial Aid 166750 KPMG LLP 356 Mountain View Drive Colchester VT 05446 Audit & Tax Services 139100 5 1896860 3095660 188602 4992520 Tuition and Fees 611710 85803282 85803282 Residence and Dinning 721310 20603198 20603198 Book Store 451211 1253032 1253032 Conference Center 531390 191495 21925 169570 SMC Playhouse 713940 506932 506932 1608198 1608198 109966137 869879 -44975 914854 0 0 332685 332685 0 332685 332685 50154413 3984831 46766206 169514 3388207 3815317 7203524 2984 7200540 9920 144 9776 9776 0 0 Other Operating Income 900099 1126089 1126089 1126089 124500610 108521610 -20066 11006546 96150 96150 37765594 37765594 1206125 1206125 0 2128825 741261 1130411 257153 0 30308298 25510290 3846995 951013 1948682 1700688 183418 64576 7022421 6119016 683061 220344 2394269 1948186 359270 86813 0 137016 137016 121500 121500 600 600 0 0 0 0 8253895 6194707 1769223 289965 0 0 5580296 4953638 626658 2468305 2057027 274468 136810 0 0 1740525 1730619 9906 0 8026186 7409775 616411 0 Resale Items 5806490 5806490 STUDY ABROAD EXPENDITURES 2342915 2342915 LIBRARY ACQUISITIONS 716497 715843 654 118064589 106298324 9759591 2006674 6747842 7504502 0 0 1023997 647795 1220410 1423309 0 0 0 0 5345789 5894332 439477 377818 1922299 1747360 205350792 111053855 95808180 94296937 46483071 37014188 48991175 57598735 0 0 0 0 679493 837424 208661733 207342400 5773307 5777308 0 0 2335779 2942002 47688644 44964669 0 0 0 0 0 0 279000 248000 12552002 11268456 68628732 65200435 X 86105027 89754195 23391504 21263271 30536470 31124499 140033001 142141965 208661733 207342400 X 6436021 -4327057 X false true X true true true X 5037830 6853068 6263844 6184942 4992520 29332204 0 0 5037830 6853068 6263844 6184942 4992520 29332204 312205 29019999 1323695 1053348 1242383 1342812 1247539 6209777 36250 41901 22094 100245 836359 277367 1097446 1160273 1126089 4497534 40139760 503623958 0.72297 0.73080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false true 600 false false false 600 false false GRANTS TO OTHER ORGANIZATIONS FOR LOBBYING PURPOSES PART II-B, LINE 1F THE COLLEGE IS A MEMBER OF THE ASSOCIATION OF VERMONT INDEPENDENT COLLEGES (AVIC) WHICH REPRESENTS ITS MEMBERS IN VARIOUS FORMS SERVING THE INTERESTS OF HIGHER EDUCATION, INCLUDING GOVERNMENT LEGISLATION. ANNUAL MEMBERSHIP FEES PAID TO THIS ORGANIZATION WERE $16,241. APPROXIMATELY $600 OF THIS AMOUNT WAS ALLOCATED TO LOBBYING. 91349379 594728 59811 2133921 1085291 276223 88508483 78312676 2294010 14148166 2110538 841479 453456 91349379 69718728 677917 11028823 1706545 915985 490262 78312676 71231474 2697110 -1267356 1790702 755660 396138 69718728 58518913 2518415 13012809 1682667 792283 343713 71231474 0.43000 0.35000 0.22000 false false 2335261 2335261 155689908 76425204 79264704 40407571 30894618 9512953 6918052 3734033 3184019 94296937 CASH EQUIVALENTS 8967683 F WORLD EQUITY COMPOSITE-MF,HFOF 7140678 F DIRECTIONAL HEDGE COMPO-HFOF 10739317 F RELATIVE VALUE STRAT-DHF 9305712 F PRIVATE EQUITY 3959286 F GLOBAL FIXD INCOME-SUB DBT, HF 9927640 F REAL ASSET COMP-DHF, REAL EST 5196650 F DEPOSIT WITH BOND TRUSTEES 2361769 F 57598735 0 OTHER LIABILITIES 4446773 AMTS HELD ON BEHALF OF OTHERS 1949659 REFUNDABLE ADVANCES 4388319 ANNUITY OBLIGATION 102651 CAPITAL LEASE OBLIGATIONS 381054 11268456 X 81214978 -4327057 -4327057 85542035 38958575 38958575 124500610 79106014 144 144 79105870 38958719 38958719 118064589 ENDOWMENT FUNDS PART V, LINE 4 THE PRIMARY USE OF THE COLLEGE'S ENDOWMENT IS TO SUPPORT OUR STUDENTS IN THEIR PURSUIT OF HIGHER EDUCATION THROUGH SCHOLARSHIP ASSISTANCE, RESEARCH AND STUDY ABROAD OPPORTUNITIES, SERVICE LEARNING, STUDENT SERVICES AND LECTURE SERIES. IN A FEW INSTANCES, ENDOWMENT FUNDS HAVE BEEN ESTABLISHED TO SUPPORT LIBRARY ACQUISITIONS, DEPARTMENT CHAIRS AND DEFERRED MAINTENANCE ON BUILDINGS PREVIOUSLY FUNDED BY DONORS. UNCERTAIN TAX POSITIONS PART X, LINE 2 THE COLLEGE IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS GENERALLY EXEMPT FROM INCOME TAX PURSUANT TO SECTION 501(A) OF THE CODE. THE COLLEGE BELIEVES IT HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS. OTHER REVENUE INCLUDED ON RETURN BUT NOT IN FINANCIAL STATEMENTS FORM 990, SCH. D, PART XI, LINE 4B STUDENT FINANCIAL AID $ 38,958,719 SPECIAL EVENTS EXPENSES $ ( 144) TOTAL $ 38,958,575 OTHER EXPENSES INCLUDED IN FINANCIAL STATEMENTS BUT NOT ON RETURN FORM 990, SCH. D, PART XII, LINE 2D SPECIAL EVENTS EXPENSES $ 144 OTHER EXPENSES INCLUDED ON RETURN NOT IN FINANCIAL STATEMENTS FORM 990, SCH. D, PART XII, LINE 4B STUDENT FINANCIAL AID $38,958,719 true true true true true true true false false false false false false false false true false true NONDISCRIMINATION POLICY PART I, LINE 3 THE COLLEGE INCLUDES ITS RACIALLY NONDISCRIMINATORY POLICY IN ITS BYLAWS, EMPLOYEE HANDBOOK, GRADUATE AND UNDERGRADUATE CATALOGS, STUDENT CODE OF CONDUCT AND COLLEGE POLICY HANDBOOK, FACULTY REGULATIONS, ON OUR APPLICATION SUPPLEMENT, UNDER FACTS ABOUT THE COLLEGE ON ITS WEBSITE, AND WITHIN THE NEASC SELF STUDY DOCUMENT FOR REACCREDITATION. THE COLLEGE ALSO VALUES DIVERSITY AND HAS A BOARD OF TRUSTEES APPROVED POLICY WHICH IS ALSO CONTAINED WITHIN MANY OF THESE DOCUMENTS. GRANTS FROM GOVERNMENT AGENCIES PART I, LINE 6A SAINT MICHAEL'S COLLEGE RECEIVES GRANTS AND STUDENT AID FROM VARIOUS GOVERNMENTAL AGENCIES FOR SUPPORT OF EDUCATIONAL AND STUDENT PROGRAMS. true Central America and the Caribbean Program Services Short-Term Program 9556 Europe (Including Iceland and Greenland) Program Services Short-Term Program 50548 East Asia and the Pacific Program Services Short-Term Program 31834 South Asia Program Services Short-Term Program 17483 Sub-Saharan Africa Program Services Short-Term Program 10782 Central America and the Caribbean Program Services Service - Donation 8000 South Asia Program Services Service - Donation 5000 Central America and the Caribbean Program Services Service Trip 3455 South Asia Program Services Service Trip 5500 North America Program Services Wilderness Program 4221 East Asia and the Pacific Program Services Recruiting 19362 Europe (Including Iceland and Greenland) Program Services Recruiting 4579 North America Program Services Recruiting 30 Central America and the Caribbean Program Services Recruiting 1034 South America Program Services Recruiting 203 Middle East and North Africa Program Services Recruiting 2567 East Asia and the Pacific 19 Agent 119692 Europe (Including Iceland and Greenland) 1 Agent 13933 South America 1 Agent 2569 Middle East and North Africa 3 Agent 14827 Central America and the Caribbean Program Services study Abroad 31010 East Asia and the Pacific Program Services study Abroad 447038 Europe (Including Iceland and Greenland) Program Services study Abroad 2531422 Middle East and North Africa Program Services study Abroad 51025 South America Program Services study Abroad 107662 South Asia Program Services study Abroad 77695 Sub-Saharan Africa Program Services study Abroad 126919 North America Program Services Retreats 963 Europe (Including Iceland and Greenland) Program Services Retreats 1049 East Asia and the Pacific Program Services Conferences 1678 Europe (Including Iceland and Greenland) Program Services Conferences 1386 North America Program Services Conferences 8200 19 5 24 293846 3417376 3711222 Central America and the Caribbean General Support See Part IV See Part IV General Support 8000 check N/A N/A 1 Student Scholarships Central America and the Caribbean 2 12020 Wire N/A N/A Student Scholarships East Asia and the Pacific 18 140359 Wire N/A N/A Student Scholarships Europe (Including Iceland and Greenland) 94 911054 Wire N/A N/A Student Scholarships Middle East and North Africa 2 15525 Wire N/A N/A Student Scholarships South America 5 39985 Wire N/A N/A Student Scholarships South Asia 3 27700 Wire N/A N/A Student Scholarships Sub-Saharan Africa 6 46482 Wire N/A N/A true false false true true true ACTIVITIES OUTSIDE THE UNITED STATES PART I, LINE 3 SHORT-TERM PROGRAM SAINT MICHAEL'S COLLEGE INTERNATIONAL SHORT-TERM PROGRAMS ARE AN IMPORTANT AND CREATIVE WAY FOR FACULTY AND STUDENTS TO EXPAND THE BOUNDARIES OF THE SAINT MICHAEL'S CAMPUS. SHORT-TERM STUDY PROGRAMS ARE ACADEMIC COURSES DEVELOPED BY FACULTY. TYPICALLY LASTING TWO WEEKS, THESE PROGRAMS INVOLVE STUDY ABROAD, MAY INCLUDE DIRECT INVOLVEMENT IN ISSUES COVERED IN AN ON-CAMPUS COURSE AND PROVIDE DIRECT EXPERIENCE ON A PARTICULAR TOPIC IN A PARTICULAR LOCALE. STUDY ABOARD THE COLLEGE UTILIZES OVER 20 THIRD-PARTY PROGRAM PROVIDERS AND EXCHANGE PARTNERS TO PROVIDE STUDENTS WITH OPPORTUNITIES TO STUDY IN OVER 70 COUNTRIES. THERE ARE MANY DIVERSE PROGRAMS OFFERINGS FOR A STUDENT'S STUDY ABROAD EXPERIENCE. IN OUR INCREASINGLY GLOBAL SOCIETY, MORE AND MORE STUDENTS RECOGNIZE THE VALUE OF SPENDING A SEMESTER OF YEAR ABOARD. AGENTS THE COLLEGE'S APPLIED LINGUISTICS DEPARTMENT OFFERS A VARIETY OF ENGLISH LANGUAGE PROGRAMS FOR STUDENTS TO EARN A CERTIFICATE OF COMPLETION AND/OR MASTER'S DEGREE IN TEACHING ENGLISH TO SPEAKERS OF OTHER LANGUAGES. UPON SUCCESSFUL COMPLETION OF THE ADVANCED ENGLISH PROGRAM LEVEL II, A STUDENT MAY MATRICULATE INTO AN UNDERGRADUATE DEGREE PROGRAM AT THE COLLEGE OR ELSEWHERE. THE COLLEGE USES INTERNATIONAL AGENTS TO ASSIST WITH RECRUITING AND ADMISSIONS FOR THESE PROGRAMS. RECRUITING THE COLLEGE HAS ONE FULL-TIME STAFF MEMBER WHO TRAVELS TO RECRUIT INTERNATIONAL STUDENTS AND GROUPS FOR OUR ENGLISH LANGUAGE PROGRAMS AND UNDERGRADUATE ADMISSIONS. THESE EXPENSES ARE PRIMARILY RELATED TO TRAVEL IN AUSTRALIA, CHINA, SOUTH KOREA, SAUDI ARABIA AND VENEZUELA. THE COLLEGE IS EXPANDING ITS RECRUITING EFFORTS TO MANY LATIN AMERICAN COUNTRIES ALONG WITH A FEW MEMBERS OF THE ARAB LEAGUE. SERVICE TRIP REFER TO PART II SUPPLEMENTAL INFORMATION, THIS REPRESENTS THE IN COUNTRY EXPENSES PAID FOR FLIGHTS, MEALS SUPPLIES, AND LODGING. WILDERNESS PROGRAM THE COLLEGE'S WILDERNESS PROGRAMS ARE AN IMPORTANT AND CREATIVE WAY FOR FACULTY AND STUDENTS TO EXPAND THE BOUNDARIES OF THE SAINT MICHAEL'S CAMPUS. THE WILDERNESS PROGRAM OFFERS SUCH ADVENTURES AS KAYAKING, CLIMBING, HIKING, MOUNTAIN BIKING, SKIING AND RIDING. THE WILDERNESS'S CORE PRINCIPALS ARE EXPERIENTIAL LEARNING, WITH A FOCUS ON DEVELOPING A SENSE OF ENVIRONMENTAL STEWARDSHIP. THE EXPENSES REPRESENT THE IN COUNTRY COSTS PAID FOR FLIGHT, MEALS, SUPPLIES AND LODGING. GRANTS TO ENTITIES OUTSIDE THE UNITED STATES PART II OUR MOBILIZATION OF VOLUNTEER EFFORTS DEPARTMENT, KNOWN AS MOVE, PROMOTES ONE PRINCIPLE OF THE CATHOLIC FAITH - CHARITY. MOVE PROVIDES OPPORTUNITIES FOR THE COLLEGE'S STUDENTS TO PERFORM COMMUNITY SERVICE WORK DURING THE ACADEMIC YEAR AND DURING SEMESTER AND SUMMER BREAKS AT BOTH DOMESTIC AND INTERNATIONAL SERVICES SITES. SEE SCHEDULE O UNDER PART III STUDENT SERVICES FOR MORE DETAILS. THESE PAYMENTS REPRESENT FUNDS RAISED BY STUDENTS TO HELP SUPPORT NON-PROFIT ORGANIZATIONS IN INDIA AND THE DOMINICAN REPUBLIC WHERE THEY VOLUNTEER. MOVE IS IN COMMUNICATION WITH THE RECIPIENT ORGANIZATION THROUGHOUT THE YEAR AND HAS GENERAL CONVERSATIONS ABOUT THE ORGANIZATION'S STATUS AND PROJECTS AND MAKES ARRANGEMENTS FOR THE FOLLOWING YEAR TRIP. MOVE WORKS WITH ORGANIZATIONS SO STUDENT VOLUNTEERS HAVE A CLEAR VISION ABOUT WHAT IS EXPECTED AND WHAT THEY SHOULD EXPECT WHEN THEY ARRIVE IN THE COUNTRY. SCHOLARSHIPS PART III SCHOLARSHIPS RELATE TO STUDENTS STUDYING ABROAD FOR A SEMESTER OR A YEAR. ALL SCHOLARSHIPS ARE APPLIED TO THE STUDENT'S ACCOUNT BALANCE. THE COLLEGE'S PRACTICE HAS BEEN TO AWARD AID BASED ON MERIT AND/OR NEED TO STUDENTS ACCEPTED INTO THE STUDY ABROAD PROGRAM. true SSE dba Saint Anne's Shrine PO Box 280 Isle La Motte VT 05463 030195115 501(c)(3) 86150 N/A N/A GENERAL SUPPORT Women Helping Battered Women PO Box 1535 Burlington VT 054021535 030283657 501(c)(3) 10000 N/A N/A 2 Student Scholarships 1967 34220612 N/A N/A Undergraduate Endowment Funded Scholarships 237 2133921 N/A N/A Undergraduate Athletic Grants 19 981330 N/A N/A Federal Supplemental Education Opportunity Grants 331 422297 N/A N/A Graduate Student Grants 5 7434 N/A N/A FORM 990, SCH. I, PART II, LINE 1 SAINT ANNE'S SHRINE THE CONTRIBUTION TO SAINT ANNE'S SHRINE WAS MADE TO PROVIDE SUPPORT OF THEIR MISSION TO SERVE AS A WELCOMING PLACE OF PEACE AND HOPE MINISTERING TO ALL GOD'S PEOPLE THROUGH PRAYER, DEVOTION, HOSPITALITY AND SPIRITUAL RENEWAL. THE SHRINE WAS DEVELOPED AND MAINTAINED FOR THE PAST 100 YEARS BY THE SOCIETY OF SAINT EDMUND, WHO IS ALSO THE FOUNDER OF SAINT MICHAEL'S COLLEGE. THE COLLEGE SHARES A SIMILAR MISSION TO CONTRIBUTE THROUGH HIGHER EDUCATION TO THE ENHANCEMENT OF THE HUMAN PERSON AND THE ADVANCEMENT OF HUMAN CULTURE IN THE LIGHT OF THE CATHOLIC FAITH. THE COLLEGE BENEFITS FROM USE OF THE FACILITIES AT THE SHRINE FOR CURRICULUM ENHANCEMENT, STUDENT AND STAFF RETREATS AND WORSHIP. WOMEN HELPING BATTERED WOMEN THE CONTRIBUTION TO WOMEN HELPING BATTERED WOMEN WAS MADE TO PROVIDE GENERAL SUPPORT TO THEIR BELIEF THAT ALL ADULTS AND CHILDREN HAVE THE RIGHT TO LIVE WITHOUT FEAR OF ABUSE - SEXUAL, PHYSICAL, EMOTIONAL OR FINANCIAL. THEY PROVIDE A 24-HOUR HOTLINE, SHELTER AND HOUSING SERVICES, A LEGAL PROGRAM, SUPPORT GROUPS, EDUCATION AND OUTREACH, CHILDREN'S SERVICES, ECONOMIC JUSTICE AND TRANSITIONAL HOUSING, AND A SAFE AT WORK NETWORK. THE COLLEGE HAS INCORPORATED THIS ORGANIZATION INTO ITS PROGRAMMING IN TWO WAYS IN THE PAST YEAR. THE FIRST IS THROUGH ITS CLOTHESLINE PROJECT-A PROJECT THAT AIMS TO BRING ATTENTION TO SEXUAL VIOLENCE. THE PROJECT PROVIDES A PUBLIC SPACE TO DISPLAY T-SHIRTS WITH MESSAGES OF SURVIVAL OF SEXUAL VIOLENCE, AS WELL AS MESSAGES OF SUPPORT FOR SURVIVORS. THE SECOND IS A CONSENT WORKSHOP ON CAMPUS LED BY AN EDUCATION ADVOCATE FROM WOMEN HELPING BATTERED WOMEN. DURING THE WORKSHOP, THE ADVOCATE DISCUSSED THE IMPORTANCE OF CONSENT, WHAT IT LOOKS LIKE, AND HOW TO NAVIGATE DISCUSSIONS ON CONSENT. FORM 990, SCH. I, PART III THE COLLEGE RECOGNIZES THE HIGH COST OF A PRIVATE EDUCATION AND ATTEMPTS TO ADDRESS AS MUCH AS WE PRACTICALLY CAN TO CLOSE THE GAP BETWEEN THE COST OF ATTENDANCE AND FAMILY RESOURCES USING A VARIETY OF SOURCES, INCLUDING FEDERAL, STATE AND INSTITUTIONAL (COLLEGE) FUNDING. THE THREE TYPES OF FINANCIAL ASSISTANCE WE EMPLOY INCLUDE GRANTS AND SCHOLARSHIPS, LOANS AND STUDENT EMPLOYMENT. IN 2014-2015, THE COLLEGE ADMINISTERED OVER $58 MILLION IN ASSISTANCE, OF WHICH APPROXIMATELY $39 MILLION WAS PRIMARILY COLLEGE FUNDED AID SCHOLARSHIPS OR GRANTS. THE FIVE YEAR AVERAGE (2010-2014) OF UNDERGRADUATE STUDENTS RECEIVING COLLEGE FUNDED AID WAS 94.52%. THE COLLEGE PRACTICE hAS BEEN TO AWARD AID BASED ON MERIT AND/OR NEED TO ALL STUDENTS ACCEPTED FOR ADMISSION. THE AVERAGE NEED BASED SCHOLARSHIP OR GRANT FOR THE FALL 2014 INCOMING CLASS WAS APPROXIMATELY $23,995. THE AMOUNT OF AID A STUDENT RECEIVES UPON INITIAL ENROLLMENT GENERALLY IS AWARDED FOR EACH YEAR HE/SHE ATTENDS SAINT MICHAEL'S COLLEGE. X true true X X X X true false false false false false false false false Dr John J Neuhauser President 365656 0 0 0 10115 0 35700 0 47956 0 459427 0 0 0 Neal E Robinson VP Finance and Treasurer 192928 0 0 0 0 0 13704 0 19091 0 225723 0 0 0 Sarah M Kelly VP Admission/Enrollment 171466 0 0 0 20054 0 3133 0 23987 0 218640 0 0 0 Karen A Talentino VP Academic Affairs 188663 0 0 0 0 0 13340 0 19046 0 221049 0 0 0 Dawn M Ellinwood VP Student Affairs 178027 0 0 0 0 0 12679 0 25026 0 215732 0 0 0 William O Anderson Chief Information Officer 177400 0 0 0 0 0 9888 0 24705 0 211993 0 0 0 Michael J New VP Human Resources 156831 0 0 0 0 0 10930 0 2885 0 170646 0 0 0 Patrick J Gallivan VP Institutional Advancement 145520 0 0 0 4833 0 10217 0 10143 0 170713 0 0 0 Carey H Kaplan Professor English 54949 0 0 0 112260 0 3782 0 5551 0 176542 0 0 0 Mark Birger Benson Professor Acct & Business 43445 0 0 0 95886 0 3146 0 8965 0 151442 0 0 0 Ronald B Miller Professor Graduate Psychology 131672 0 0 0 0 0 7163 0 17751 0 156586 0 0 0 Jerry E Flanagan Senior Philanthropic Advisor 104326 0 0 0 0 0 7130 0 3391 0 114847 0 0 0 COMPENSATION INFORMATION FORM 990, SCH. J, PART I, LINE 4A VRIP DESCRIPTION THE COLLEGE ADOPTED A NEW VOLUNTARY SEPARATION PROGRAM FOR FACULTY AND STAFF IN DECEMBER 2013. TO BE ELIGIBLE FOR THE PLAN, THE SUM OF AN EMPLOYEE'S YEARS OF SERVICE PLUS AGE MUST EQUAL A MINIMUM OF 80. THE PROGRAM BENEFITS INCLUDE A ONE-TIME LUMP-SUM PAYMENT EQUAL TO 90% OF BASE PAY FOR EMPLOYEES ELECTING A JUNE 30, 2014 SEPARATION DATE; EMPLOYEES ELECTING TO RETIRE ON JUNE 30, 2015 WILL RECEIVE 70% OF BASE PAY. ALL PARTICIPANTS IN THE COLLEGE HEALTH CARE PLAN RECEIVED A ONE-TIME LUMP-SUM PAYMENT IN LIEU OF PARTICIPATION, AND ALL PARTICIPANTS REMAINED ELIGIBLE FOR COBRA COVERAGE THROUGH THE COLLEGE. CAREY H. KAPLAN AND MARK BIRGER BENSON RECEIVED PAYMENTS UNDER THIS PROGRAM AND THESE PAYMENTS ARE REPORTED ON SCHEDULE J, PART II, COLUMN(B)(iii). FORM 990, SCH. J, PART II FOR ELIGIBLE EMPLOYEES, COLUMN (D) NONTAXABLE BENEFITS PRIMARILY CONSISTS OF HEALTH CARE AND DENTAL BENEFITS. DETAILS FOR AMOUNTS REPORTED IN COLUMN B (III) AND COLUMN (D) ARE LISTED BELOW: DR. JOHN J. NEUHAUSER - COLUMN B (III) INCLUDES PERSONAL USE OF A COLLEGE VEHICLE AND PERSONAL CELL PHONE USE; COLUMN (C) DEFERRED COMPENSATION INCLUDES CONTRIBUTIONS TO THE COLLEGE'S IRC 457(B) PLAN. COLUMN (D) INCLUDES A HOUSING ALLOWANCE. SARAH M. KELLY - COLUMN B (III) INCLUDES MOVING ALLOWANCE. PATRICK J. GALLIVAN - COLUMN B (III) INCLUDES PERSONAL USE OF A COLLEGE VEHICLE. A VT Educ & Health Bldg Fin Agy Series 2012 237154467 924166FM8 2012-05-24 50990332 Const/Equip/Rfnd 99,01,& 03 Issues false false false A 5110000 0 50990332 0 0 0 563023 0 0 27500000 22927309 0 2013 true true true true A false false true true false 0 false false true A false false true false false false 0 false 0 false true A true FINAL ALLOCATIONS OF PROCEEDS AND INVESTMENT BEYOND A TEMPORARY PERIOD PART II, LINES 16-17 AND PART IV, LINE 6: THE CONSTRUCTION OF A RESIDENCE HALL AND STUDENT UNION WAS COMPLETED IN DECEMBER 2013. THE COLLEGE MAINTAINS BOOKS AND RECORDS TO SUPPORT THAT ALLOCATION AND TO REQUEST REIMBURSEMENT OF EXPENSES FOR THIS PROJECT FROM THE BOND TRUSTEE. THE BOND TRUSTEE REVIEWED ALL REQUESTS TO ENSURE THE EXPENSE WAS APPROPRIATE WITHIN THE PURPOSE AS DEFINED IN THE BOND DOCUMENTS. THE COLLEGE'S 2012 SERIES BOND WAS NOT INVESTED BEYOND THE AVAILABLE TEMPORARY PERIOD AS THE BOND CLOSED IN MAY 2012 AND ALL CONSTRUCTION FUNDS WERE EXPENSED BY NOVEMBER 2013. MANAGEMENT CONTRACTS PART III, LINE 3B: EXCEPTION TO REBATE Maguire Associates Trustee Casey is SVP 137500 See part V false SODEXO CORPORATION SUBSTANTIAL CONTRIBUTOR 5778989 SEE PART V false BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS PART IV TRUSTEE PATRICIA CASEY IS A SENIOR VICE PRESIDENT AT MAGUIRE ASSOCIATES. THE COLLEGE HAS A CONTRACT WITH THIS FIRM TO ASSIST IN FINANCIAL AID MODELING AND AWARDING TO ACHIEVE CERTAIN ADMISSION GOALS. MS. CASEY DOES NOT WORK DIRECTLY ON THE COLLEGE ACCOUNT. THIS YEAR, THE COLLEGE PAID $137,500 FOR SERVICES. THIS IS AN ARM'S LENGTH TRANSACTION. MS. CASEY, IF PERMITTED TO BY THE BOARD OF TRUSTEES, MAY MAKE AN APPEARANCE AT A BOARD COMMITTEE MEETING TO PRESENT FACTS REGARDING A MATTER RELATIVE TO THE COLLEGE'S RELATIONSHIP WITH MAGUIRE ASSOCIATES, BUT MAY NOT PARTICIPATE IN THE DELIBERATIONS OR DECISION MAKING WITH RESPECT TO THIS MATTER. SODEXO CORPORATION PROVIDES FOOD SERVICE TO THE SAINT MICHAEL'S COLLEGE RESIDENTIAL COMMUNITY. THE COLLEGE PAID SODEXO $5,778,989 DURING THE FISCAL YEAR ENDING JUNE 30, 2015 FOR SERVICES PROVIDED. THIS IS AN ARM'S LENGTH TRANSACTION. X 23 188602 FMV false true true NON-CASH CONTRIBUTIONS LINE 9 THE COLLEGE IS REPORTING THE NUMBER OF CONTRIBUTIONS RELATED TO EACH TYPE OF PROPERTY THAT WAS RECEIVED DURING FY15. USE OF A THIRD PARTY TO SELL NON-CASH CONTRIBUTIONS PART 1, LINE 32B THE COLLEGE USES A CUSTODIAN TO HOLD AND PROCESS ALL INVESTMENT TRANSACTIONS INCLUDING ASSET SAFEKEEPING AND COLLECTION OF DIVIDENDS AND INTEREST. ALL SECURITY CONTRIBUTIONS ARE DELIVERED TO THE CUSTODIAN WITH THE INSTRUCTION FOR IMMEDIATE SALE. ORGANIZATION'S MISSION STATEMENT FORM 990, PART III, LINE 1 SAINT MICHAEL'S COLLEGE IS A CATHOLIC LIBERAL ARTS RESIDENTIAL COLLEGE COMMITTED TO THE PURSUIT OF ACADEMIC EXCELLENCE, WITH AN UNDERGRADUATE ENROLLMENT OF APPROXIMATELY 2,050 STUDENTS AND 700 GRADUATE AND INTERNATIONAL STUDENTS. WE CREATE AND SUSTAIN AN OPTIMAL LIVING AND LEARNING ENVIRONMENT THAT PROMOTES A VIBRANT INTELLECTUAL LIFE AND CHALLENGES STUDENTS TO ENGAGE IN ACTIVITIES TO EXTEND THEIR MINDS AND EXPERIENCE WITHIN AND BEYOND OUR VERMONT LOCATION. ACADEMIC PROGRAMS AND FINANCIAL SUPPORT FORM 990, PART III, LINE 4A THE ACADEMIC PROGRAM IS AT THE HEART OF THE COLLEGE'S MISSION AND THE REASON FOR SAINT MICHAEL'S COLLEGE EXISTENCE. THE COLLEGE PROVIDES EDUCATION WITH A SOCIAL CONSCIENCE, PRODUCING GRADUATES WITH INTELLECTUAL TOOLS TO LEAD SUCCESSFUL, PURPOSEFUL LIVES THAT WILL CONTRIBUTE TO PEACE AND JUSTICE IN OUR WORLD. SAINT MICHAEL'S COLLEGE STUDENTS PERSONALIZE THEIR EDUCATION THROUGH RESEARCH, INTERNSHIPS, AND SMALL CLASSES, PREPARING THEM FOR A LIFETIME, NOT JUST FOR THEIR FIRST JOB OUT OF COLLEGE. THE ACADEMIC PROGRAM IS RIGOROUS AND CALIBRATED TO THE APPROPRIATE DEVELOPMENT LEVELS OF STUDENTS (FIRST-YEAR STUDENTS THROUGH GRADUATE LEVEL). THE UNDERGRADUATE ACADEMIC PROGRAM OFFERS DEGREES IN 23 DIFFERENT MAJORS FOR THE BACHELOR OF ARTS DEGREE AND 10 MAJORS FOR THE BACHELOR OF SCIENCE DEGREE. STUDENTS MAY ALSO CHOOSE FROM 36 MINOR PROGRAMS. THE ACADEMIC PROGRAM FOR GRADUATE STUDENTS INCLUDES 3 PROGRAMS LEADING TO MASTER'S DEGREES IN CLINICAL PSYCHOLOGY, EDUCATION AND TEACHING ENGLISH TO SPEAKERS OF OTHER LANGUAGES. SAINT MICHAEL'S COLLEGE AWARDED 468 BACHELOR'S DEGREES AND 66 MASTER'S DEGREES DURING 2014-2015 ACADEMIC YEAR, WITH 2112 STUDENTS ENROLLED IN BACCALAUREATE DEGREE PROGRAMS AND 255 IN MASTER'S DEGREE PROGRAMS. THE CLASS OF 2015 HAD 413 GRADUATES IN MAY, OF WHICH 248 OR 60% ALSO EARNED MINORS. AFTER RECEIVING A BACHELOR'S DEGREE FROM SAINT MICHAEL'S COLLEGE, 97% OF THE CLASS OF 2015 WAS EMPLOYED IN GRADUATE SCHOOL OR VOLUNTEERING FULL TIME BY SIX MONTHS OF GRADUATION. THE 4 YEAR AVERAGE (2006-2009) STUDENT-RIGHT-TO-KNOW COMPLETION OR GRADUATION RATE IS 80%; THIS COMPARED FAVORABLY TO THE 70% REPORTED BY ACT NATIONAL GRADUATION RATES IN 2015 FOR PRIVATE 4-YEAR INSTITUTIONS OFFERING ONLY BACHELOR'S DEGREES IN THE SELECTIVE CATEGORY. THE COLLEGE'S GOAL IS TO HAVE 30% OF EACH GRADUATING CLASS STUDY ABROAD. WORKING WITH OVER 20 STUDY ABROAD PARTNER ORGANIZATIONS, STUDENTS HAVE MORE THAN 70 COUNTRIES FROM WHICH TO CHOOSE A VARIETY OF STUDY ABROAD OPTIONS. THE COLLEGE HAS FAR EXCEEDEDITS 30% GOAL FOR THE LAST 5 ACADEMIC YEARS. THE COLLEGE HAS MADE STRIDES IN EDUCATING STUDENTS BEYOND THE CLASSROOM IN PREPARATION FOR THEIR CAREERS AFTER GRADUATION. IN 2014-2015, 292 STUDENTS ENGAGED IN SUPERVISED ACADEMIC INTERNSHIPS, COMPARED TO 224 IN THE PREVIOUS YEAR, REPRESENTING 14% OF THE STUDENT BODY FOR 2014-2015 AND OVER 11.5% FOR 2013-2014. IN THE SUMMER OF 2014, 39 STUDENTS WERE ENGAGED IN INDEPENDENT RESEARCH WITH PROFESSORS. IN THE SUMMER OF 2015, 61 STUDENTS WERE ENGAGED IN INDEPENDENT RESEARCH WITH PROFESSORS. THE COLLEGE HAS A ROBUST HONORS PROGRAM WHICH BEGAN IN THE LATE 1980'S, AND RECOGNIZES HIGH ACHIEVEMENT AMONG OUR STUDENTS. IN 2015, 51 STUDENTS (13% OF THE SENIOR CLASS) GRADUATED IN THE HONORS PROGRAM. IN THE FALL OF 2015, 458 STUDENTS FROM ALL FOUR CLASSES, ABOUT 23% OF THE STUDENT BODY, WERE MEMBERS OF THE HONORS PROGRAM. IN ADDITION, SAINT MICHAEL'S COLLEGE SHELTERS A CHAPTER OF PHI BETA KAPPA, DELTA EPSILON SIGMA AND ELEVEN DISCIPLINE BASED HONORS SOCIETIES WITH OVER 306 MEMBERS OF THE CLASS OF 2015. IN 2003 SAINT MICHAEL'S COLLEGE JOINED THE ELITE GROUP OF 287 COLLEGES NATIONWIDE WITH PHI BETA KAPPA CHAPTERS, MAKING SAINT MICHAEL'S COLLEGE ONE OF THE ONLY 24 CATHOLIC COLLEGES IN THE U.S. AND ONE OF FOUR IN NEW ENGLAND WITH SUCH A CHAPTER. THE COLLEGE IS IDENTIFIED IN THE 2015 EDITION OF THE PRINCETON REVIEW AS ONE OF THE NATIONS' BEST 379 COLLEGES RANKING #18 FOR CAMPUSES FOR WHICH STUDENTS JUST LOVE THEIR SCHOOL. IT IS ALSO INCLUDED IN THE PRESTIGIOUS 2014 FISKE GUIDE'S TOP 300 LIBERAL ARTS COLLEGES AND DEEMED A BEST BUY. SAINT MICHAEL'S COLLEGE IS RATED AS A TOP 100 LIBERAL ARTS COLLEGE BY THE U.S. NEWS AND WORLD REPORT AND RANKED 89TH IN CATHOLIC COLLEGES IN THE NORTHEAST, AND IS NOW THE FIFTH-BEST RANKED AMONG CATHOLIC LIBERAL ARTS COLLEGES IN THE ENTIRE NATION. FACTORS THAT HELPED THE COLLEGE MOVE FROM ITS PRIOR YEAR RANK OF 90TH TO 89TH INCLUDE AN EXCELLENT GRADUATION RATE, STUDENT FACULTY RATIO AND SAT SCORES ALONG WITH OTHER FACTORS. KIPLINGER'S PERSONAL FINANCE 2014 HAS RANKED SAINT MICHAEL'S COLLEGE 68TH ON ITS LIST OF THE COUNTRY'S BEST VALUES IN PRIVATE COLLEGES. FORBES MAGAZINE AMERICA'S TOP COLLEGES' EDITION HAS RANKED SAINT MICHAEL'S COLLEGE 144TH FOR BEST PRIVATE COLLEGE. FOR THE FOURTH STRAIGHT YEAR, SAINT MICHAEL'S COLLEGE WAS INCLUDED IN THE PRINCETON REVIEW'S GUIDE TO 353 GREEN COLLEGES, RECOGNIZED FOR THEIR COMMITMENT TO THE ENVIRONMENT. EVERY FIVE YEARS THE VERMONT DEPARTMENT OF EDUCATION CONDUCTS A PERFORMANCE REVIEW OF ALL THE EDUCATOR PROGRAMS. SAINT MICHAEL'S COLLEGE UNDERWENT THE PROCESS IN OCTOBER 2011 AND RECEIVED FULL APPROVAL FOR ALL LICENSURE PROGRAMS. WE ARE PARTICULARLY PROUD OF THE SEVEN COMMENDATIONS FROM THE REVIEW. NO OTHER TEACHER PREPARATION PROGRAM HAS EVER RECEIVED MORE THAN THREE. THE ACADEMIC PROGRAM IS SUPPORTED BY MANY PROFESSIONAL AND ADMINISTRATIVE STAFF INCLUDING INFORMATION TECHNOLOGY (IT), ACADEMIC ENRICHMENT PROGRAMS, LIBRARY AND INFORMATION SERVICES (LIS), REGISTRAR'S OFFICE, THE VICE PRESIDENT OF ACADEMIC AFFAIRS AND THE DEAN. THE IT DEPARTMENT IS COMMITTED TO CREATING A ROBUST TECHNOLOGY ENVIRONMENT FOR THE COLLEGE'S STUDENTS, FACULTY AND STAFF. THEY SUPPORT ADMINISTRATIVE APPLICATIONS, INSTRUCTIONAL TECHNOLOGY SERVICES, ALL OF WHICH SUPPORT THE MISSION AND GOALS OF THE COLLEGE BY PROVIDING ITS CONSTITUENTS WITH A RELIABLE, SECURE, AND FAST CAMPUS NETWORK; SUPPORT FOR THE APPROPRIATE INTEGRATION OF TECHNOLOGY INTO TEACHING AND RESEARCH; AND TECHNOLOGY SUPPORT FOR ADMINISTRATIVE OPERATIONS. SAINT MICHAEL'S COLLEGE IS COMMITTED TO STUDENT'S ACADEMIC SUCCESS THEREFORE, IN ADDITION TO ACADEMIC ENRICHMENT PROGRAMS DESIGNED TO ENHANCE THE LEARNING EXPERIENCE, A VARIETY OF SERVICES ARE OFFERED TO ENSURE THAT OUR STUDENTS GET THE MOST OUT OF THEIR EDUCATION INCLUDING INDEPENDENT STUDIES, PEACE AND JUSTICE CENTER, WOMEN'S CENTER, SERVICE LEARNING, STUDENT/FACULTY RESEARCH AND INTERNSHIPS TO NAME A FEW. THESE SERVICES AND ACTIVITIES ARE DESIGNED TO ASSIST OUR STUDENTS IN ENHANCING THEIR LEARNING OPPORTUNITIES IN ORDER TO ACHIEVE THEIR FULLEST INTELLECTUAL DEVELOPMENT. ACADEMIC ENRICHMENT ALSO SUPPORTS FACULTY IN OFFERING EXTRA-CURRICULAR ACTIVITIES THAT ENHANCE THEIR CLASSROOM TEACHING AND IN DESIGNING INNOVATIVE COMPONENTS TO THEIR COURSES THAT FOSTER EXPERIENTIAL LEARNING. LIS PROVIDES STUDENTS, FACULTY, AND STAFF WITH THE INFORMATION RESOURCES AND SERVICES THEY NEED FOR STUDY, TEACHING AND RESEARCH. THE LIBRARY STRIVES TO DETERMINE COMMUNITY NEEDS AND RESPOND TO THEM BY SHAPING ITS RESOURCES AND SERVICES TO PROVIDE THE BEST POSSIBLE SUPPORT FOR THE ACADEMIC PROGRAM. IN ORDER TO SUPPORT OUR STUDENTS ATTENDING SAINT MICHAEL'S COLLEGE, A VARIETY OF GRANTS AND ASSISTANCE ARE AWARDED. REFER TO SCHEDULE I, PART IV FOR ADDITIONAL INFORMATION. AUXILIARY ENTERPRISES FORM 990, PART III, LINE 4B AS A 100% RESIDENTIAL COLLEGE, WE MAKE LIVING ON CAMPUS JUST AS IMPORTANT A LEARNING EXPERIENCE AS THE CURRICULUM IN THE CLASSROOMS. THEREFORE, IN ADDITION TO EXPENSES ASSOCIATED WITH ON-CAMPUS DINING SERVICES, AUXILIARY SERVICES EXPENSES INCLUDE RESIDENCE HALL BOND INTEREST, DEPRECIATION EXPENSE AND COSTS RELATED TO THE BOOKSTORE, PRINTING AND MAILING SERVICES, SPECIAL EVENTS, SUMMER PLAYHOUSE AND OTHER AUXILIARY PROGRAMS THAT SUPPORT OUR STUDENTS' LIVING AND LEARNING EXPERIENCE. AS PART OF THE RESIDENTIAL EXPERIENCE, THERE ARE UNIQUE HOUSING OPTIONS AVAILABLE ON CAMPUS BASED ON COMMON INTERESTS THAT STUDENTS SHARE SUCH AS GREAT (GROWING RECOGNITION OF THE EFFECTS OF ALCOHOL ON THINKING) WITH 150 STUDENTS, HONORS HOUSING (51 UNITS) AND GEAR PROGRAM HOUSING (124 STUDENTS) WHICH PROVIDES AN OPPORTUNITY FOR U.S. STUDENTS TO LIVE WITH INTERNATIONAL STUDENTS. DINING ON CAMPUS PROVIDES THE SOCIAL EXPERIENCE ESSENTIAL TO A WELL-ROUNDED CAMPUS LIFE. STUDENT SERVICES FORM 990, PART III, LINE 4C STUDENTS ARE AT THE CENTER OF THE COLLEGE'S MISSION. WHILE THE ACADEMIC ELEMENTS ARE FOREMOST, SUPPORTING THE STUDENTS' PERSONAL DEVELOPMENT IS VITAL AS WELL. THE OFFICES OF ADMISSIONS, STUDENT LIFE, EDMUNDITE CAMPUS MINISTRY, WILDERNESS PROGRAM, ATHLETICS AND MANY STUDENT CLUBS WORK TO ENHANCE STUDENTS' PERSONAL GROWTH AS WELL AS THEIR ACADEMIC SUCCESS. TO SUPPLEMENT THE ACADEMIC CULTURE ON CAMPUS AND ENRICH OVERALL QUALITY OF THE COLLEGE EXPERIENCE, A VARIETY OF WEEKEND PROGRAMS IS OFFERED TO STUDENTS, ALONG WITH MANY OUTDOOR PROGRAMS SUCH AS THE SKI PASS, CULTURAL AND ARTISTIC EVENTS THROUGH THE FLYNN CENTER-SAINT MICHAEL'S COLLEGE CULTURAL PASS, A VARIETY OF MINISTRY PROGRAMS, AND COMMUNITY SERVICE OPPORTUNITIES THROUGH MOVE (MOBILIZATION OF VOLUNTEER EFFORTS). APPROXIMATELY 80% OF STUDENTS ARE INVOLVED IN SOME FORM OF INTERCOLLEGIATE, INTRAMURAL, CLUB, RECREATION, PERSONAL FITNESS, OR WILDERNESS PROGRAM OFFERING. APPROXIMATELY 21% OF SAINT MICHAEL'S COLLEGE STUDENTS PARTICIPATE IN ONE OF THE 21 VARSITY SPORTS. OUR STUDENT ATHLETES HAVE ACHIEVED A 98% ACADEMIC SUCCESS RATE (ASR); A STATISTIC DEFINED BY THE NCAA AS A MEASUREMENT OF GRADUATION WITHIN A 6 YEAR COHORT TIME PERIOD AS OF JUNE 2015. SAINT MICHAEL'S COLLEGE HAS AGAIN BEEN RECOGNIZED AS A RECIPIENT OF THE DIVISION II PRESIDENTS' AWARD FOR ACADEMIC EXCELLENCE AS A MEMBER OF THE NORTHEAST-10 CONFERENCE. SAINT MICHAEL'S COLLEGE ACHIEVED THE HIGHEST ACADEMIC SUCCESS RATE (ASR) IN THE CONFERENCE, AND RANKED AMONG THE TOP 5 IN THE NATION. THE OFFICE OF STUDENT ACTIVITIES STRIVES TO PROVIDE STUDENTS OPPORTUNITIES TO DEVELOP AS ETHICAL LEADERS AND ENGAGED CITIZENS, AND OFFERS A WIDE VARIETY OF PROGRAMS AND ACTIVITIES DESIGNED TO MEET THEIR NEEDS. THE COLLEGE HAS EMBRACED THE YOU COUNT PROGRAM (COMMUNITY, OWNERSHIP, UNITY IN DIVERSITY, NOTICE EACH OTHER AND TAKE CARE OF SELF AND OTHERS) WHICH FOSTERS AN INCLUSIVE AND SEAMLESS LEARNING ENVIRONMENT THAT ENHANCES ENGAGEMENT, AWARENESS AND PERSONAL DEVELOPMENT. EDUCATIONAL PROGRAMS OFFERED IN THE RESIDENCE HALLS HELP TO BRING PEOPLE TOGETHER WHO MIGHT NOT HAVE OTHERWISE MET, HELP PEOPLE TO BETTER KNOW EACH OTHER, AND EXPOSE INDIVIDUALS TO NEW IDEAS AND BELIEFS. FLOOR VISITOR'S DIALOGUE PROGRAMS PROVIDE AN ENVIRONMENT CONDUCIVE FOR FACULTY, STAFF AND STUDENT DIALOGUE ABOUT ACADEMIC AND COMMUNITY PURSUITS. THESE ARE A SAMPLE OF THE PROGRAMMING OFFERED TO STUDENTS IN THE RESIDENCE HALLS. THE OFFICE OF STUDENT ACTIVITIES ASSISTS THE STUDENT GOVERNMENT ON CAMPUS AS WELL AS STUDENT CLUBS. APPROXIMATELY 95% OF THE STUDENT POPULATION PARTICIPATES IN STUDENT ACTIVITIES PROGRAMS. THE COLLEGE EMBRACES AND SUPPORTS STUDENTS' COMMITMENT TO COMMUNITY SERVICES REFLECTED BY THE FACT THAT 65% OF OUR STUDENTS PARTICIPATE IN A SERVICE ACTIVITY THROUGH OUR MOVE PROGRAM - PART OF EDMUNDITE CAMPUS MINISTRY. THE FUNDAMENTAL OBJECTIVE OF EDMUNDITE CAMPUS MINISTRY IS TO HELP STUDENTS', FACULTY AND STAFF REFLECT ON AND CELEBRATE THE SPIRITUAL DIRECTION, AND PRAYERFUL REFLECTION MEALS ARE DESIGNED TO ENCOURAGE EVERYONE TO STEP BACK AND EXPERIENCE LIFE AT ITS DEEPEST, MOST MEANINGFUL LEVEL. ABOUT 12-13% OF OUR STUDENT POPULATION IS INVOLVED IN WEEKLY OR DAILY WORSHIP AS WELL AS ATTENDANCE IN THESE PROGRAMS OTHER PROGRAM SERVICES FORM 990, PART III, LINE 4D OTHER PROGRAM SERVICE EXPENSES INCLUDE PUBLIC SERVICE AND RESEARCH. FORM 990 REVIEW PROCESS FORM 990, PART VI, LINE 11B FORM 990 SCHEDULES ARE PREPARED BY COLLEGE PERSONNEL WITH GUIDANCE AND REVIEW FROM EXTERNAL TAX PREPARERS WHO SIGN AND FILE THE FORM. PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE EACH MEMBER OF THE BOARD OF TRUSTEES WAS PROVIDED WITH FORM 990 AND ALL SCHEDULES, EXCEPT SCHEDULE B, CONTRIBUTION DETAIL, IN ORDER TO RESPECT OUR DONOR'S CONFIDENTIALITY. CONFLICT OF INTEREST POLICY FORM 990, PART VI, LINE 12C THE SECRETARY OF THE COLLEGE DISTRIBUTES THE CONFLICT OF INTEREST POLICY, QUESTIONNAIRE AND CERTIFICATION ANNUALLY TO TRUSTEES, OFFICERS AND KEY EMPLOYEES. THE SECRETARY REVIEWS THE RESPONSES AND POTENTIAL CONFLICTS ARE BROUGHT TO THE TRUSTEESHIP AND MISSION COMMITTEE FOR REVIEW AND RESOLUTION. A LIST OF INTERLOCKING BOARDS IS MAINTAINED TO ASSIST IN DETERMINING IF POTENTIAL CONFLICTS ARISE DURING THE YEAR. THE TRUSTEESHIP AND MISSION COMMITTEE SUBMITS NAMES FOR BOARD RECRUITMENT AND VETS ANY CONFLICT ISSUES. THIS COMMITTEE PROVIDES INFORMATION TO THE EXECUTIVE COMMITTEE FOR CONSIDERATION AND NOMINATION. DOCUMENT RETENTION AND DESTRUCTION POLICY FORM 990, PART VI, LINE 14 THE COLLEGE HAS A HIGH-LEVEL DOCUMENT RETENTION AND DESTRUCTION POLICY AND FOLLOWS SPECIFIC GUIDELINES PROVIDED BY THE INTERNAL REVENUE SERVICE AND RELEVANT REGULATIONS WITH RESPECT TO RECORDS RETENTION AND DESTRUCTION - INCLUDING THE PROVISIONS OF VERMONT LAW (9 VSA PART 3 CHAPTER 62 SUBCHAPTER 4 DOCUMENT SAFE DESTRUCTION ACT) WITH RESPECT TO DISPOSAL OF DOCUMENTS CONTAINING CONFIDENTIAL INFORMATION. ANOTHER RESOURCE UTILIZED BY THE COLLEGE IS RECORD RETENTION AND DISPOSAL: A MANUAL FOR COLLEGE DECISION MAKERS GUIDE TO THE APPLICABLE LAWS, REGULATIONS AND OTHER CONSIDERATIONS FOR ALL AREAS OF OUR BUSINESS, INCLUDING EMPLOYMENT AND ADMISSIONS APPLICATIONS, PAYROLL, STUDENT RECORDS, FINANCIAL, TAX AND CONTRIBUTIONS RECORDS AS WELL AS FEDERAL REPORTING SPECIFIC TO THE HIGHER EDUCATION INDUSTRY. COMPENSATION POLICY FORM 990, PART VI, LINE 15B THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, EXCLUDING THE COLLEGE PRESIDENT, IS RESPONSIBLE FOR ESTABLISHING AND MAINTAINING A COMPETITIVE COMPENSATION PROGRAM FOR THE EXECUTIVE OFFICERS OF THE COLLEGE. THE EXECUTIVE COMMITTEE MEETS AS NEEDED TO REVIEW THE COMPENSATION PROGRAM AND MAKE RECOMMENDATIONS FOR ANY CHANGES. THE EXECUTIVE COMMITTEE HAS THE RESPONSIBILITY FOR DECISIONS REGARDING COMPENSATION IN ALL ITS CURRENT AND POTENTIAL FORMS FOR THE EXECUTIVE OFFICERS OF THE COLLEGE. THE VICE PRESIDENT OF HUMAN RESOURCES PROVIDES INDEPENDENT COMPENSATION DATA, E.G. NACUBO, CUPA, ETC. AND ANALYSIS TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE MEETS ANNUALLY, USUALLY WHILE THE TRUSTEES ARE HERE FOR THE MARCH OR JUNE BOARD MEETING, TO REVIEW SURVEY DATA REGARDING COMPENSATION FOR THE PRESIDENT AND OTHER OFFICERS OF THE COLLEGE. THE LAST MEETING WAS JUNE 4, 2015. THE COLLEGE COMPLIES WITH THE THREE REQUIREMENTS OF THE REBUTTABLE PRESUMPTION STANDARD, AS OUTLINED IN THE TREASURY REGULATIONS SECTION 53.4958-6: (1) EXECUTIVE COMPENSATION IS AUTHORIZED BY AN INDEPENDENT COMMITTEE OF THE BOARD OF DIRECTORS, (2) THE COMMITTEE AUTHORIZING EXECUTIVE COMPENSATION OBTAINS AND RELIES ON APPROPRIATE DATA AS TO COMPARABILITY PRIOR TO MAKING DETERMINATIONS, AND (3) THE COMMITTEE ADEQUATELY DOCUMENTS THE BASIS FOR DETERMINATIONS CONCURRENTLY WITH MAKING THE DETERMINATIONS. PUBLIC DISCLOSURE POLICY FORM 990, PART VI, LINE 19 THE COLLEGE IS A PRIVATE ORGANIZATION AND THEREFORE BY LAW, IS NOT REQUIRED TO MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. IN THE INTEREST OF TRANSPARENCY, THE COLLEGE COMPLIES WITH REQUESTS FOR THIS INFORMATION FROM THE FEDERAL AND STATE REGULATORY AGENCIES, OUR ACCREDITATION AGENCY AND OTHER ENTITIES OR INDIVIDUALS IN THE ORDINARY COURSE OF BUSINESS. THE COLLEGE POSTS THE MOST RECENT THREE YEARS OF FORM 990 AND 990-T ON OUR WEBSITE. Saint Michael's College Fire and Rescue One Winooski Park Colchester VT 05439 201120657 Fire & Rescue VT 501(c)(3) 7 na true Merrill Cemetery Association Inc One Winooski Park Colchester VT 05439 010868920 Cemetery VT 501(c)(13) na true false false true false false false false false false false false false false true true false true false false Saint Michael's College Fire and Rescue c 96000 Cost Saint Michael's College Fire and Rescue n 73485 FMV Saint Michael's College Fire and Rescue q 150125 Cost