2015-11-17T18:39:12-07:00 2015-06-30 990 2014-07-01 880121831 SIERRA NEVADA COLLEGE SIER 7758817426 999 Tahoe Blvd Incline Village NV 89451 Sue Johnson Chief Financial Officer 7758817575 2015-11-18 2014 2016-04-25 22:37:26Z Sierra Nevada College 999 Tahoe Blvd Incline Village NV 89451 24745168 0 X www.sierranevada.edu X 1969 NV Sierra Nevada College's mission is to combine the liberal arts and professional preparedness through an interdisciplinary curriculum. 26 26 506 0 0 0 1836988 1787734 20039270 21116247 183825 92600 -370423 -57496 21689660 22939085 6451887 7896025 0 0 8872026 8926778 0 0 561492 6291593 6693613 21615506 23516416 74154 -577331 39987338 39717129 16004088 16287431 23983250 23429698 Sierra Nevada College's mission is to combine the liberal arts and professional preparedness through an interdisciplinary curriculum which emphasizes entrepreneurial thinking and environmental, social, economic, and educational sustainability to produce graduates who will be scholars of and contributors to a sustainable world. 0 0 17818363 7896025 22933204 Sierra Nevada College is fully accredited institution of higher learning. During the fiscal year 2015 higher educational services were provided to approximately 1,300 students 0 0 0 17818363 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 182 0 1 506 1 0 0 0 0 0 1 1 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 1 1 1 0 NV X Lynda Odell 7758817426 999 Tahoe blvd Incline Village NV 89451 Wayne Prim Trustee 3 0 X 0 0 0 Nazir Ansari Trustee 3 0 X 0 0 0 Chuck Dowd Trustee 3 0 X 0 0 0 Art Chapman Trustee 3 0 X 0 0 0 Dave Collins Trustee 3 0 X 0 0 0 Jim Davis Trustee 3 0 X 0 0 0 Vanessa Franking Trustee 3 0 X 0 0 0 Jim Giancola Trustee 3 0 X 0 0 0 Bob Hall Trustee 3 0 X 0 0 0 Robin Holman Trustee 3 0 X 0 0 0 Barry Klein Trustee 3 0 X 0 0 0 Warren Kocmond Trustee 3 0 X 0 0 0 Peter Kovacs Trustee 3 0 X 0 0 0 Atam Lalchandani Board Chair 3 0 X 0 0 0 Janet Lowe Trustee 3 0 X 0 0 0 Henry Molloy Trustee 3 0 X 0 0 0 Bob Preger Trustee 3 0 X 0 0 0 Ian Rogoff Trustee 3 0 X 0 0 0 Grable Ronning Trustee 3 0 X 0 0 0 Roland Schumann Trustee 3 0 X 0 0 0 Ben Solomon Trustee 3 0 X 0 0 0 Jim Steinmann Trustee 3 0 X 0 0 0 Elbridge Stuart Vice-Chair Board 3 0 X 0 0 0 Steven Wells Trustee 3 0 X 0 0 0 Roger Wittenberg Trustee 3 0 X 0 0 0 Stuart Yount Trustee 3 0 X 0 0 0 Lynn Gillette Ph D President 40 0 X 200938 0 0 Shannon Beets Interim President / Executive VP, Provost 40 0 X 161381 0 0 Kristine Young Board Secretary 40 0 X 60324 0 0 Sue Johnson CFO 40 0 X 144006 0 0 Nicole Ferguson VP Admissions / Dir Financial Aid 40 0 X 112412 0 0 Daniel O'Bryan Ph D Interim Provost / Asst Provost 40 0 X 107631 0 0 Richard Normington Prof Business Dept. 40 0 X 106198 0 0 892890 0 0 6 0 1 0 Sodexo Food Service Dept 43283 Los Angeles CA 900883283 Food Services 755294 UC Davis Regents PO Box 989062 West Sacramento CA 95798 TCES Building Lease 734006 Anthem Blue Cross & Blue Shield PO Box 541029 Los Angeles CA 90054 Health Care Insurance 652219 Sodexo Inc PO Box 360170 Pittsburgh PA 152516170 Facilities Management 567545 Capital Education LLC 200 South Wacker Dr Ste 1600 Chicago IL 60606 Online Education Platform 369681 21 0 0 725309 0 78309 984116 50717 1787734 Tuition Fees and Board 611310 21116247 21116247 0 0 0 0 0 0 21116247 88561 0 0 88561 0 0 0 0 0 0 0 0 1156288 0 415924 0 740364 0 740364 0 0 740364 274496 0 270457 0 4039 0 4039 0 0 4039 24800 725309 107274 -82474 0 -82474 0 0 0 0 0 0 188790 1012428 -823638 -823638 0 0 Student AR Adjustments 611310 3498 3498 0 0 Mgmt Fees (TCES) 611310 4325 4325 0 0 100429 100429 0 0 108252 22939085 20400861 0 750490 0 0 7896025 7896025 0 0 0 0 603467 0 603467 0 0 0 0 0 6810691 5985257 493249 332185 144828 125269 10105 9454 713504 463234 219081 31189 654288 534743 91067 28478 0 0 0 0 35824 0 35824 0 64215 0 64215 0 0 0 0 0 0 0 0 0 0 0 1391974 586012 740594 65368 197041 106420 89321 1300 680917 329739 295284 55894 419180 410039 9141 0 0 0 0 0 356075 92545 263045 485 610426 591063 13214 6149 0 0 0 0 13837 9932 1985 1920 471833 13056 458777 0 0 0 0 0 1017512 117374 900138 0 200914 41017 159647 250 Bad Debt 397380 0 397380 0 Student & Employee Recruiting 212499 146980 65519 0 Special Events 44055 32262 11793 0 Community Service & Other 579931 337396 213715 28820 23516416 17818363 5136561 561492 159586 336276 44018 572966 734047 615413 1202032 845981 0 0 0 0 0 0 83427 69969 469944 583337 41622319 11979297 30312288 29643022 5113096 5066967 0 0 0 0 1868900 1983198 0 0 39987338 39717129 1659811 1698677 0 0 648449 733843 0 0 0 0 4510000 4500000 341384 1052134 0 0 8844444 8302777 16004088 16287431 X 16310266 15839802 4148442 4064258 3524542 3525638 23983250 23429698 39987338 39717129 -577331 23779 0 0 0 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4689027 0 101194 88422 165000 10126 4526673 4284727 100000 393676 87404 0 1972 4689027 4084197 0 284231 83562 0 139 4284727 3973159 0 192300 80756 0 506 4084197 3586305 0 521083 134129 0 100 3973159 0 0.78 0.22 1 0 2002639 0 2002639 34408027 0 7918846 26489181 0 0 0 0 4398435 0 3518032 880403 813218 0 542419 270799 29643022 0 UC Minimum Lease Payment-TCES 8302777 8302777 16602466 23779 0 0 -7896025 -7872246 24474712 0 -1535627 -1535627 22939085 17156018 0 0 0 1535627 1535627 15620391 0 7896025 7896025 23516416 Schedule D, Part V, Line 4 The intended uses of the organizations endowment funds are: Entrepreneurship Chair, Visiting Scholars, Student Aid, Environmental Studies and Tahoe Forum. Schedule D, Part XI, Line 2d Tuition Discount of $7,896,025 is subtracted from the Audited Financial Statements. Schedule D, Part XI, Line 4b Form 990 includes expenses shown on line 6b of $415,925, 8b of $107274, and 10b of $1,012,428 which reduce Form 990 total revenue by $1,535,627. Schedule D, Part XII, Line 2d Form 990 includes expenses shown on line 6b of $415,925, 8b of $107274, and 10b of $1,012,428 which reduce Form 990 total revenue by $1,535,627 Schedule D, Part XII, Line 4b Tuition Discount of $7,896,025 is subtracted from the Audited Financial Statements. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Statement of nondiscrimination and community ethics is found in the Student Handbook at www.sierranevada.edu Schedule E, Part I, Line 6 Sierra Nevada College receives title IV aid funds for Federal Work Study program and Federal Supplemental Education Opportunity Grant. Winter Gala 2014 230215 219665 10550 0 0 22811 0 4950 7821 Summer Event 2015 408744 394494 14250 0 8066 42363 0 7000 1634 1 111150 111150 0 0 0 11560 1069 0 0 750109 725309 24800 0 8066 76734 1069 11950 9455 107274 -82474 1 Scholarships 464 7896025 0 Tuition and Fee Rates Schedule I, Part I, Line 2 Scholarships are awarded on a merit and need base up to the amount charged on a reportable system. X X X 1 1 X X 0 0 0 0 0 0 0 0 0 Lynn Gillette Ph D President 190281 0 0 0 10657 0 0 0 21961 0 222899 0 0 0 Shannon Beets Interim President / Executive VP, Provost 161381 0 0 0 0 0 0 0 16473 0 177854 0 0 0 Schedule J, Part I, Line 1a SNC provides for the president housing, car, utilities & maid service. Also provides the Executive VP, Provost housing, car & utilities. Schedule J, Part I, Line 3 A committee of the Board of Trustee members direct the HR department to write an employment contract then the full Board approves the written contract for Officers. wayne Prim Foundation Trustee Operations X 5000000 4500000 0 1 1 4500000 X 6 17035 Hi/Lo Average X Donated Wine & Furniture 12 33682 ebay googel or price sold 0 0 1 0 Form 990, Part VI, Section A, Line 8b The Organization only documents the meetings held by the Governing Body. Committees do not have authority to act and bring their recommendations to the meeting held by the governing body. Form 990, Part VI, Section B, Line 11b SNC's Form 990 is prepared by the Controller and reviewed by the CFO. Once approved the form 990 is e-filled with the IRS. The external Auditor receives a copy and board members upon request. Form 990, Part VI, Section B, Line 15 All Officers compensation was determined and approved by the Board of Trustees based on experience and market. Form 990, Part VI, Section C, Line 19 The College makes its Governing Documents and Financial Statements available to the public upon request. New Independent Auditors took more time to complete their review.