2016-02-12T11:14:26-06:00 2015-06-30 043000523 O'CONNOR & DREW PC 25 BRAINTREE HILL OFC PK SUITE 102 BRAINTREE MA 02184 990 2014-07-01 042271070 BOSTON ARCHITECTURAL COLLEGE BOST 6172625000 320 NEWBURY STREET BOSTON MA 02115 DR GLEN S LEROY PRESIDENT 6172625000 2016-02-05 1 EDWARD S BUISER P01258774 6174711120 2016-02-05 2014 2016-08-17 19:52:53Z GLEN S LEROY 320 NEWBURY ST BOSTON MA 02115 18900714 0 X WWW.THE-BAC.EDU X 1889 MA HIGHER EDUCATION 16 16 715 109 2433 1433 1444868 431936 17680844 16917669 456183 414029 183017 102523 19764912 17866157 296469 309184 0 0 11891546 11370087 0 0 103535 7320883 6604488 19508898 18283759 256014 -417602 37103226 36095248 18931096 18565879 18172130 17529369 THE BAC IS COMMITTED TO PROVIDE EXCELLENCE IN DESIGN EDUCATION GROUNDED IN PRACTICE AND ACCESSIBLE TO DIVERSE COMMUNITIES. 0 0 13994874 309184 16917669 THE BAC IS COMMITTED TO PROVIDE EXCELLENCE IN DESIGN EDUCATION GROUNDED IN PRACTICE AND ACCESSIBLE TO DIVERSE COMMUNITIES. 13994874 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 75 0 1 715 1 1 1 0 0 0 1 1 1 1 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X KATHLEEN COWN ROOD VP FOR FINANCE & ADMIN 6172625000 320 NEWBURY STREET BOSTON MA 02115 MARC W PELLETIER BOARD CHAIR 4.00 X X 0 0 0 CHAD J DAGRACA CPA BOARD TREASURER 4.00 X X 0 0 0 ROBERT ABROWN AIA IIDA ELECTED TRUSTEE 1.00 X 0 0 0 STEPHEN BELL AIA ELECTED TRUSTEE 1.00 X 0 0 0 CHRISTINE ARAUJO ELECTED TRUSTEE 1.00 X 0 0 0 JAY PHILOMENA IIDA ELECTED TRUSTEE 1.00 X 0 0 0 CAROLE C WEDGE FAIA LEED AP ELECTED TRUSTEE 1.00 X 0 0 0 DANA C ROWAN BOARD VICE CHAIR 4.00 X X 0 0 0 RICHARD FITZGERALD ELECTED TRUSTEE 1.00 X 0 0 0 ARTHUR HURLEY III ELECTED TRUSTEE 1.00 X 0 0 0 NEAL B GLICK ESQ BOARD SECRETARY 1.00 X X 0 0 0 STEVEN F MCDONALD ELECTED TRUSTEE 1.00 X 0 0 0 CYNTHIA W SMITH FASLA CLARB ELECTED TRUSTEE 1.00 X 0 0 0 BARBARA SMITH-BACON ELECTED TRUSTEE 1.00 X 0 0 0 RICHARD J SNYDER ELECTED TRUSTEE 3.00 X 0 0 0 MICHAEL G MORRIS ESQ ELECTED TRUSTEE 1.00 X 0 0 0 RICHARD L MARTINI AIA ELECTED TRUSTEE 1.00 X 0 0 0 WILLIAM L PARKER ESQ ELECTED TRUSTEE 1.00 X 0 0 0 DR THEODORE C LANDSMARK ME PRESIDENT 40.00 X 344552 0 9232 JULIA HALEVY ACTING PRESIDENT, PROVOST 40.00 X 191371 0 20881 KATHLEEN C ROOD VP FOR FINANCE AND ADMINISTRATION 40.00 X 123561 0 20394 MARIA BELLALTA DEAN&FACULTY, LANDSCAPE ARCHITECTURE 40.00 X 110129 0 2788 EVAN HENRY GALLIVAN VP OF INSTITUTIONAL ADVANCEMENT 40.00 X 110288 0 11448 CRANDON GUSTAFSON DEAN&FACULTY, INTERIOR ARCHITECTURE 40.00 X 117060 0 16692 DIANA RAMIREZ-JASSO DEAN OF GRADUATE STUDIES 40.00 X 122393 0 498 JANET OBERTO VP OF EXTERNAL & GOVERNMENT RELATIONS 40.00 X 109488 0 8925 1228842 0 90858 12 0 1 0 COMMODORE BUILDERS 80 BRIDGE ST NEWTON MA 02458 CONSTRUCTION 524086 LONGWOOD SECURITY 429 NEWBURY ST BOSTON MA 02115 SECURITY 263209 PINNACLE PIPING & SERVICE INC 396 LIBBEY INDUSTRIAL PKWY WEYMOUTH MA 02189 AIR CONDITIONING 153900 HANNAFORD & DUMAS 26 CONN ST WOBURN MA 01801 COMMERCIAL PRINTER 116224 SPOTLESS CLEANING SERVICE 56 FAIRFIELD ST DEDHAM MA 02026 CLEANING 111995 5 62673 369263 55349 431936 TUITION AND FEES 611600 16917669 16917669 16917669 153250 153250 1200591 325 939470 667 261121 -342 260779 260779 193455 62673 94420 99035 99035 MISCELLANEOUS 611600 3488 2433 1055 3488 17866157 16917669 2433 514119 309184 309184 613585 139065 474520 9027191 7522417 1432532 72242 111663 103015 8537 111 852043 688248 156764 7031 765605 647480 112305 5820 182714 182714 46643 46643 535854 209421 326433 428771 361585 67186 606258 276194 325306 4758 307191 111916 195275 1089160 909028 180132 228724 221243 7481 169684 130005 39679 728332 606464 121868 1430867 1253727 177140 133044 120611 12433 PROGRAM DEVELOPMENT 233417 181680 51737 PRINTING 133885 86886 33426 13573 EQUIPMENT RENTAL & MAIN 109644 13037 96607 MISCELLANEOUS 103779 21551 82228 136521 82117 54404 18283759 13994874 4185350 103535 956212 1027921 3592562 1396039 29821 50098 881957 588184 176596 149678 38447254 16871712 22022090 21575542 8350134 10325591 1093854 982195 37103226 36095248 1530465 1365374 886489 1070855 16514142 16129650 18931096 18565879 X 9828138 9602140 5108839 4683526 3235153 3243703 18172130 17529369 37103226 36095248 -417602 -225159 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 87230 X X 0 10710975 23264 154163 346420 10541982 9503674 35916 1523829 352444 10710975 8673793 83860 1134950 388929 9503674 8687621 85447 210980 310255 8673793 7536798 17754 1445030 311961 8687621 0.30550 0.30770 0.38680 0 0 2656768 2656768 24918991 8402137 16516854 2836572 2690565 146007 7998753 5779010 2219743 36170 36170 21575542 X 17634973 -225159 -6025 -231184 17866157 0 17866157 18277734 -6025 -6025 18283759 0 18283759 PART III, LINE 4: HISTORICAL SAMPLES SERVES AS EXAMPLES OF DESIGN FOR OUR STUDENTS. COLLECTION INCLUDES EXAMPLES OF UNIQUE PIECES OF SCULPTURE, ART AND FURNISHINGS. PART V, LINE 4: MAINLY RESTRICTED FOR SCHOLARSHIPS AND AWARDS. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES REQUIRE AN ENTITY TO ASSESS THE PROBABILITY THAT A TAX POSITION HAS A "MORE LIKELY THAN NOT" SUSTAINABILITY AFTER REVIEW BY TAX AUTHORITIES. IF A TAX POSITION IS DEEMED NOT TO MEET THIS THRESHOLD, ANY UNRECOGNIZED TAX BENEFITS AND COSTS ARE ESTIMATED AND RECOGNIZED. TAX RETURNS ARE ROUTINELY OPEN FOR REVIEW BY THE TAX AUTHORITIES FOR THREE YEARS FROM THEIR DUE DATE. IN CERTAIN CIRCUMSTANCES THE STATUTE OF LIMITATIONS MAY REMAIN OPEN INDEFINITELY. THE COLLEGE HAS BEEN NOTIFIED BY THE INTERNAL REVENUE SERVICE THAT IT MEETS THE QUALIFICATIONS TO BE CLASSIFIED AS A TAX EXEMPT ENTITY UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE. SINCE THE CONTINUANCE OF THIS STATUS IS BASED UPON CONTINUING QUALIFICATION, THE COLLEGE HAS IDENTIFIED THIS AS A TAX POSITION. HOWEVER, IT HAS DETERMINED THAT THIS TAX POSITION MEETS, MORE LIKELY THAN NOT, SUSTAINABILITY AND DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 94,420. FINANCIAL AID ADDED BACK FOR TAX -100,445. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 94,420. FINANCIAL AID ADDED BACK FOR TAX -100,445. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE RACIALLY NONDISCRIMINATORY POLICY TOWARDS STUDENTS IS PUBLISHED IN THE STUDENT HANDBOOK. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES FEDERAL AID FROM GOVERNMENTAL AGENCIES FOR SCHOLARSHIPS AND AWARDS FOR STUDENTS. 1 SOUTH ASIA 0 0 PROGRAM SERVICES ACADEMIC SUPPORT 13307 MIDDLE EAST & N. AFRICA 0 0 PROGRAM SERVICES ACADEMIC SUPPORT 26174 0 0 0 0 0 0 39481 0 39481 0 0 0 0 0 0 PART I, LINE 2: THE ORGANIZATION DIDN'T PROVIDE ANY GRANTS OR OTHER ASSISTANCE OUTSIDE THE U.S. GALA 256128 62673 193455 1917 92503 256128 62673 193455 1917 92503 94420 99035 1 SCHOLARSHIPS AND FINANCIAL AID 148 309184 FMV PART I, LINE 2: THE VP OF FINANCE AND ADMINISTRATION STAFF OVERSEE THAT THE PROVISIONS OF THE GRANT ARE MET IN ACCORDANCE WITH GUIDELINES OR AGREEMENTS SET FORTH, WHETHER THAT'S USE OF DONOR, GOVERNMENT OR PRIVATE SOURCES. X X X X 1 0 0 0 0 0 0 0 0 DR THEODORE C LANDSMARK ME PRESIDENT 333552 0 0 0 11000 0 0 0 9232 0 353784 0 0 0 JULIA HALEVY ACTING PRESIDENT, PROVOST 179891 0 0 0 11480 0 0 0 20881 0 212252 0 0 0 PART I, LINE 4A THEODORE LANDSMARK RECEIVED 6 MONTHS OF SEVERANCE PAYMENTS EQUAL TO APPROXIMATELY $135,000. A MASSACHUSETTS DEVELOPMENT FINANCE AGENT 043431814 57583RHQ1 2006-12-21 12900091 ACQUISITION/RENOVATION OF 951 BOYLSTON STREET; REFUND OF NONPROFIT FIN. LOAN 0 0 0 B MASSACHUSETTS DEVELOPMENT FINANCE AGENT 043431814 NONEAVAIL 2012-03-19 5800000 ACQUISITION/RENOVATION OF 951 BOYLSTON STREET AND 320 NEWBURY STREET REFUND 0 0 0 A 12900091 806303 258000 814146 11021642 2008 0 0 1 1 B 3040251 5800000 116000 2643749 2012 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 1 0 0 1 0 0 0 0 A 1 B 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MASSACHUSETTS DEVELOPMENT FINANCE AGENT DATE THE REBATE COMPUTATION WAS PERFORMED: 01/07/2015 X 3300 FMV X 26 11106 FMV X MISCELLANEOUS 7 37010 FMV X AUCTION ITEMS 32 3933 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF TRUSTEES HAS DIRECTED THE AUDIT COMMITTEE TO REVIEW THE FORM 990 ON ITS BEHALF AND UPON ITS SATISFACTION FORWARD IT FOR EXECUTION TO THE PRESIDENT. THE FULLY EXECUTED FORM 990 IS SENT TO EACH MEMBER OF THE BOARD OF TRUSTEES PRIOR TO ITS SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE BAC CONFLICT OF INTEREST POLICY APPLIES TO ALL COVERED TRUSTEES, OVERSEERS, MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS, OFFICERS, STAFF, PART-TIME AND FULL-TIME FACULTY, STUDENTS, COVERED INDIVIDUAL'S FAMILY MEMBERS, AND AFFILIATED ORGANIZATIONS AND PERSONS. THE POLICY IS PUBLISHED SEVERAL PLACES BUT IS MOST VISIBLY PUBLISHED AS PART OF THE ANNUAL BAC CATALOG LOCATED ON THE BAC WEBSITE. THE POLICY IS TRIGGERED WHENEVER A COVERED INDIVIDUAL HAS A DIRECT OR INDIRECT FINANCIAL, PROFESSIONAL, OR OTHER INTEREST IN A MATTER THAT COMES BEFORE THE INDIVIDUAL FOR CONSIDERATION. THE POLICY IDENTIFIES THREE DIFFERENT CATEGORIES OF CONFLICT SITUATIONS WHICH ARE: FINANCIAL SELF DEALING, PROFESSIONAL /ACADEMIC HONORS AND RECOGNITION, AND FACULTY-STUDENT RELATIONS. WHEN A POTENTIAL CONFLICT OF INTEREST SITUATION ARISES, EITHER ACTUAL OR PERCEIVED, A COVERED INDIVIDUAL SHALL TAKE SOME OR ALL OF THE FOLLOWING ACTIONS: DISCLOSURE, RECUSAL FROM VOTING OR DECISION MAKING WHILE ALLOWING SOME MEASURE OF DISCUSSION PARTICIPATION, OR TOTAL RECUSAL FROM DISCUSSION AND DECISION MAKING. ADDITIONALLY, MEMBERS OF THE BOARD OF TRUSTEES ARE REQUIRED TO FILE AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT DISCLOSING PERSONAL, BUSINESS, AND ORGANIZATIONAL INTERESTS AND AFFILIATIONS INCLUDING MEMBERSHIP ON BOARDS OF OTHER NONPROFIT ORGANIZATIONS. THE CHAIR OF THE BOARD OF TRUSTEES AND THE PRESIDENT REVIEW THE STATEMENTS AND CONTACT THE AFFECTED PERSON IF THERE APPEARS TO BE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE BENCHMARK FOR THE PRESIDENT'S SALARY IS THE CUPA INFORMATION ON COLLEGES AND UNIVERSITIES IN NEW ENGLAND OF SIMILAR SIZE. THOSE BENCHMARKS GREATLY EXCEED WHAT IS AFFORDABLE FOR THE BAC, THUS THE SALARY IS BASED UPON PERFORMANCE AND BUDGETARY CONSTRAINTS. THE COMPENSATION COMMITTEE ASSIGNED BY THE BOARD OF TRUSTEES FOR THE PURPOSE OF REVIEWING SALARY BENCHMARKS OF PEER INSTITUTES, DETERMINED THAT THE SALARIES OF OTHER OFFICERS AND KEY EMPLOYEES WERE CONSISTENT WITH THESE BENCHMARKS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES IN THE PROCESS.