2014-04-12T15:36:08-05:00 2013-06-30 043000523 O'CONNOR & DREW PC 25 BRAINTREE HILL OFC PK SUITE 102 BRAINTREE MA 02184 990 2012-07-01 042271070 BOSTON ARCHITECTURAL COLLEGE BOST 6172625000 320 NEWBURY STREET BOSTON MA 02115 DR THEODORE LANDSMARK 6172625000 2013-10-30 1 EDWARD S BUISER P01258774 6174711120 2014-03-22 2012 2015-11-30 17:44:51Z DR THEODORE LANDSMARK 320 NEWBURY ST BOSTON MA 02115 23541097 0 X WWW.THE-BAC.EDU X 1889 MA HIGHER EDUCATION 18 18 762 170 0 0 1243424 1219074 18042753 17636551 234611 347009 144168 148121 19664956 19350755 256905 340035 0 0 11684833 11653909 0 0 115497 7039454 7075272 18981192 19069216 683764 281539 35432563 36258958 19719366 19447087 15713197 16811871 THE BAC IS COMMITTED TO PROVIDE EXCELLENCE IN DESIGN EDUCATION GROUNDED IN PRACTICE AND ACCESSIBLE TO DIVERSE COMMUNITIES. 0 0 14627669 340035 17636551 THE BAC IS COMMITTED TO PROVIDE EXCELLENCE IN DESIGN EDUCATION GROUNDED IN PRACTICE AND ACCESSIBLE TO DIVERSE COMMUNITIES. 14627669 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 0 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 73 0 1 762 1 0 0 0 0 1 1 1 1 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X KATHLEEN ROOD VP FOR FINANCE & ADMIN 6172625000 320 NEWBURY STREET BOSTON MA 02115 MARC W PELLETIER 1.00 X X 0 0 0 WILLIAM L PARKER ESQ 1.00 X X 0 0 0 CHAD J DAGRACA CPA 1.00 X X 0 0 0 ROBERT ABROWN AIA IIDA LEED AP 1.00 X 0 0 0 CATHY EDGERLY 1.00 X 0 0 0 STEPHEN BELL AIA 1.00 X 0 0 0 CHRISTINE ARAUJO 1.00 X 0 0 0 JAY PHILOMENA IIDA 1.00 X 0 0 0 CAROLE C WEDGE FAIA LEED AP 1.00 X 0 0 0 DANA C ROWAN 1.00 X X 0 0 0 RICHARD FITZGERALD 1.00 X 0 0 0 ARTHUR HURLEY III 1.00 X 0 0 0 PETER GAINES CLU CHFC CRPC 1.00 X 0 0 0 NEAL B GLICK ESQ 1.00 X 0 0 0 STEVEN F MCDONALD 1.00 X 0 0 0 AUDREY O'HAGAN 1.00 X 0 0 0 BARBARA SMITH-BACON 1.00 X 0 0 0 RICHARD J SNYDER 1.00 X 0 0 0 RUSSEL FEILDMAN 1.00 X X 0 0 0 HOLLY B CRATSLEY AIA 1.00 X 0 0 0 DR THEODORE C LANDSMARK ME 40.00 X 227615 0 9412 KATHLEEN C ROOD 40.00 X 123708 0 19514 JAMES T DUNN 40.00 X 177332 0 16936 JULIA HALEVY 40.00 X 169574 0 19532 CHRISTOPHER COX 40.00 X 146156 0 19759 CRANDON GUSTAFSON 40.00 X 108857 0 24129 HEATHER HEIMARCK 40.00 X 102141 0 33233 MARIA BELLALTA 40.00 X 101412 0 1952 LEN CHARNEY 40.00 X 100939 0 25830 1257734 0 170297 9 0 1 0 COMMODORE BUILDERS 80 BRIDGE ST NEWTON MA 02458 CONSTRUCTION 1344199 LAFRAMBOISE WELL DRILLING 647 THOMPSON RD THOMPSON CT 06277 CONSTRUCTION 655316 VALLEYCREST LANDSCAPE DEVELOPERS 17 ELECTRIC AVE BRIGHTON MA 02135 CONSTRUCTION 360713 LONGWOOD SECURITY NEWBURY ST BOSTON MA 02115 SECURITY 232958 UNIGRAPHIC 110 COMMERCE WAY WOBURN MA 01801 PRINTING 161559 5 6670 707793 504611 31990 1219074 TUITION AND FEES 611600 17636551 17636551 17636551 193768 193768 140000 75486 64514 64514 64514 4233684 4080443 153241 153241 153241 116080 6670 34413 81667 81667 MISCELLAENOUS 611600 1940 1940 1940 19350755 17636551 0 495130 340035 340035 788300 196421 591879 9150228 7494582 1583867 71779 22283 10200 12083 859730 630752 220758 8220 833368 688930 139093 5345 57661 2600 55061 72693 72693 258998 76686 182312 388602 318408 70194 590811 324906 262682 3223 276974 60739 216235 1676385 1389323 287062 147551 111764 35787 245144 184063 61081 761881 761220 661 1532134 1426834 105300 87366 84214 3152 PROGRAM DEVELOPMENT 313137 257458 55679 PRINTING 266243 99206 140107 26930 TEMPORARY HELP 170443 136352 34091 MISCELLANEOUS 105023 28666 76357 124226 4310 119916 19069216 14627669 4326050 115497 1400298 1384209 5131027 2750684 30259 2247 244078 136402 178542 151741 36776303 14157261 19934741 22619042 7332154 8077186 1181464 1137447 35432563 36258958 1651421 1629668 852900 904453 17160000 16884309 55045 28657 19719366 19447087 X 9722857 10137239 2806840 3473646 3183500 3200986 15713197 16811871 35432563 36258958 281539 817135 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 87230 X X 0 8673793 183860 1134950 388929 9603674 8687621 85447 210980 310255 8673793 7536798 17754 1445030 311961 8687621 6733239 269889 849622 315952 7536798 8152110 97197 -1211936 304132 6733239 0.30500 0.33300 0.36200 0 0 2656768 2656768 22351120 6926710 15424410 2727157 2500230 226927 5969105 4730321 1238784 3072153 3072153 22619042 OTHER LIABILITES 28657 28657 X 20214577 817135 46687 863822 19350755 0 19350755 19115903 46687 46687 19069216 0 19069216 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. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: MAINLY RESTRICTED FOR SCHOLARSHIPS AND AWARDS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, AS PRACTICED IN THE UNITED STATES OF AMERICA, 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. INTEREST AND PENALTIES, IF ANY, RELATED TO ASSESSMENTS BY TAX AUTHORITIES WILL BE CLASSIFIED AS A COMPONENT OF INTEREST EXPENSE AND OTHER EXPENSES, RESPECTIVELY, IN THE STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS. A TAX POSITION MAY BE CONSIDERED AS TAKEN ANY TIME A TAXPAYER CHOOSES AMONGST ALTERNATIVES THAT AFFECT THE AMOUNT OF THEIR TAX OBLIGATIONS AND INCLUDE FOR EXAMPLE: TAX EXEMPT STATUS; STATUS OF A PASS-THROUGH ENTITY (S CORPORATIONS); DECISIONS MADE IN THE PROCESS OF CONFORMING WITH TAX LAWS; DECISIONS NOT TO FILE IN CERTAIN JURISDICTIONS; ALLOCATION OF INCOME BETWEEN JURISDICTIONS; AND THE CHARACTERIZATION OF INCOME OR EXPENSES. 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 34,413. RENTAL EXPENSES 75,486. FINANCIAL AID ADDED BACK FOR TAX -63,212. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 34,413. RENTAL EXPENSES 75,486. FINANCIAL AID ADDED BACK FOR TAX -63,212. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE RACIALLY NONDISCRIMINATORY POLICY TOWARDS STUDENTS IS PUBLISHED IN THE STUDENT HANDBOOK. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES FEDERAL AID FROM GOVERNMENTAL AGENCIES FOR SCHOLARSHIPS AND AWARDS FOR STUDENTS. GALA 122750 6670 116080 19372 15041 122750 6670 116080 19372 15041 34413 81667 1 SCHOLARSHIPS AND FINANCIAL AID 189 340035 FMV PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, 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 210000 0 0 0 17615 0 0 0 9412 0 237027 0 0 0 JAMES T DUNN 164700 0 0 0 12632 0 0 0 16936 0 194268 0 0 0 JULIA HALEVY 164000 0 0 0 5574 0 0 0 19532 0 189106 0 0 0 CHRISTOPHER COX 146156 0 0 0 0 0 0 0 19759 0 165915 0 0 0 PART I, LINE 4A CHRIS COX RECEIVED 3 MONTHS OF SEVERANCE PAYMENTS EQUAL TO APPROXIMATLEY $36,300. 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 1 A 1 B 1 SCHEDULE K PART IV, ARBITRAGE, LINE 2C DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MASSACHUSETTS DEVELOPMENT FINANCE AGENT DATE THE REBATE COMPUTATION WAS PERFORMED: 01/15/2013 X BATHROOM FIXTURES 1 27340 FMV X MISC. OFFICE FURNITURE 3 4650 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 COVERED TRUSTEES, OVERSEERS, SENIOR STAFF MEMBERS, MEMBERS OF STANDING GOVERNANCE COMMITTEES, AND VOLUNTEER AND COMPENSATED FACULTY MEMBERS MUST FILE A STATEMENT SET FOR THE IN THE DISCLOSURE PROVISIONS OF THE CONFLICT OF INTEREST POLICY, DISCLOSING HIS OR HER PERSONAL, BUSINESS, AND ORGANIZATIONAL INTEREST AND AFFILIATIONS, INCLUDING MEMBERSHIP ON BOARDS OF OTHER NOT-FOR-PROFIT INSTITUTIONS. DISCLOSURE STATEMENTS SHALL BE FILED ANNUALLY WITH THE CHAIR OF THE BOARD OF TRUSTEES AND THE PRESIDENT OR THEIR DESIGNEES, AND SHALL BE UPDATED WHENEVER SIGNIFICANT CHANGES OCCUR THAT MAY BE AFFECTED BY THIS POLICY. THE CHAIR OF THE BOARD OF TRUSTEES AND THE PRESIDENT WILL REVIEW THE STATEMENTS AND CONTACT THE AFFECTED PERSON IF THERE APPEARS TO BE A CONFLICT OF INTEREST. A TRUSTEE OR OVERSEER SHALL NOT VOTE, APPROVE, OR RECOMMEND APPROVAL OF ANY TRANSACTION BETWEEN THE BOSTON ARCHITECTURAL COLLEGE AND THAT PARTY OR THEIR FAMILY MEMBER AS SET FORTH ABOVE, AND SHOULD DISCLOSE ANY POTENTIAL CONFLICT PRIOR TO A VOTE OR OTHER ACTION. IF SUCH AN AFFECTED PARTY IS PRESENT WHEN A MATTER INVOLVING A POTENTIAL CONFLICT OF INTEREST IS CONSIDERED, THAT PARTY SHALL LEAVE THE MEETING DURING THAT DISCUSSION AND/OR VOTE. FORM 990, PART VI, SECTION B, LINE 15 FOR THE PRESIDENT'S SALARY, THE BENCHMARK WOULD BE 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 SELECTED ON PERFORMANCE AND BUDGETARY CONSTRAINTS TAKEN INTO ACCOUNT. 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 HAS BEEN NO CHANGES IN THE PROCESS.