NORTH CENTRAL COLLEGE: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- NORTH CENTRAL COLLEGE (EIN 36-2169157)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-02-07
- IRS object ID
- 201430389349301563
- Schema version
- 2012v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-02-07T14:49:40-06:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 175 W JACKSON BLVD STE 2000 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60604 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362169157 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | North Central College | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % PAUL H LOSCHEIDER | InCareOfName |
| Name Control | NORT | NameControl |
| Phone | 6306375680 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 N Brainard Street | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | Naperville | City |
| State | IL | State |
| ZIP Code | 60540 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PAUL H LOSCHEIDER | Name |
| Title | VP OF BUS AFFAIRS | Title |
| Phone | 6306375680 | Phone |
| Date Signed | 2014-02-07 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Bridget T Roche | Name |
| Phone | 3128560200 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Troy Hammond | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 N Brainard Street | AddressLine1 |
| City | Naperville | City |
| State | IL | State |
| ZIP Code | 60540 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 124865211 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.noctrl.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1861 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | North Central College is a community of learners dedicated to preparing students to be informed, involved, principled and productive citizens and leaders over their lifetime. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 36 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 28 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1977 | TotalNbrEmployees |
| Total Nbr Volunteers | 34 | TotalNbrVolunteers |
| Total Gross UBI | 272959 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -48189 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 10865466 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 5441179 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 91290673 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 96701666 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 4065026 | InvestmentIncomePriorYear |
| Investment Income Current Year | 5368948 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1786173 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1672295 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 108007338 | TotalRevenuePriorYear |
| Total Revenue Current Year | 109184088 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 32365210 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 34969087 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 34328871 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 36126744 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 11650 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 47974 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 2081027 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 30855774 | OtherExpensePriorYear |
| Other Expenses Current Year | 30762565 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 97561505 | TotalExpensesPriorYear |
| Total Expenses Current Year | 101906370 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 10445833 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 7277718 | RevenuesLessExpensesCY |
| Total Assets BOY | 249280123 | TotalAssetsBOY |
| Total Assets EOY | 258589347 | TotalAssetsEOY |
| Total Liabilities BOY | 59031727 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 56381067 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 190248396 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 202208280 | NetAssetsOrFundBalancesEOY |
| Mission Description | NORTH CENTRAL COLLEGE IS A COMMUNITY OF LEARNERS DEDICATED TO PREPARING STUDENTS TO BE INFORMED, INVOLVED, PRINCIPLED AND PRODUCTIVE CITIZENS AND LEADERS OVER THEIR LIFETIME. IN 2012-2013, THE COLLEGE SERVED 3,050 FULL AND PART-TIME STUDENTS. 30 STATES AND U.S. TERRITORIES AND 21 FOREIGN COUNTRIES ARE REPRESENTED IN OUR STUDENT POPULATION. OVER 1,450 STUDENTS RESIDE ON THE COLLEGE CAMPUS EACH TERM. NORTH CENTRAL COLLEGE CONFERRED 630 UNDERGRADUATE DEGREES AND 105 MASTER'S DEGREES IN THE 2012-2013 ACADEMIC YEAR. THE COLLEGE ALSO SERVED APPROXIMATELY 7,200 PEOPLE IN NON-CREDIT EDUCATIONAL AND COMMUNITY PROGRAMS. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 67510195 | Expense |
| Grants | 34969087 | Grants |
| Revenue | 83248814 | Revenue |
| Description | Instruction, Academic Support & Financial Aid: Faculty instruction for degree candidates, community education, and master's degree programs are provided. 92% of the full-time teaching faculty members have a doctorate or terminal degree. Dean of faculty, continuing education, library services, disabilities support services, tutoring assistance, and academic computing are included in academic support. Oesterle library offers 36 million records in 82 college and university databases in addition to the 176,492 volumes in its collection. Students have on-line access to their grades, schedule, and communicate with faculty and classmates via blackboard. Faculty serve as student advisors. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 12862347 | Expense |
| Grants | 0 | Grants |
| Revenue | 13179893 | Revenue |
| Description | Auxiliary Services: Auxiliary Services include residence life, student housing, and food services. Facilities include Kaufman, a full service dining hall, The Cage, a quick service cook-to-order facility, and The Boilerhouse Cafe. The bookstore, college union, commuter student gathering room, and other meeting places are also included in auxiliary service. More than 1,450 of the full-time students choose to live in college owned or leased properties. All resident students are required to purchase a meal plan. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 12419015 | Expense |
| Grants | 0 | Grants |
| Revenue | 0 | Revenue |
| Description | Student Services and Athletics: Offices servicing the student body include admissions, international recruiting, financial aid adminitration expense, registrar, dean of students, ministry and service, community services, career development, the wellness center, student involvement, orientation, multicultural affairs, and athletic activities. Community service projects such as Habitat for Humanity are common pursuits during the December interim term and spring break. NCC athletics maintains 22 NCAA Division III programs. The college is compliant with Title IX standards for gender equity and has won 30 team national championships. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 92791557 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | true | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | true | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | true | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 4206 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 1977 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 36 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 28 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | PAUL H LOSCHEIDER | NamePerson |
| Telephone Number | 6306375678 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 N BRAINARD STREET | AddressLine1 |
| City | Naperville | City |
| State | IL | State |
| ZIP Code | 60540 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (49 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | OfficerOfficer | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| Ms Esther T Benjamin | |||||||
| Trustee | 1.0 | X | |||||
| Mr Steven Bergerson | |||||||
| Trustee | 1.0 | X | |||||
| Ms Erin Bishop | |||||||
| Trustee | 1.0 | X | |||||
| Mr Matthew Brill | |||||||
| Trustee | 1.0 | X | |||||
| Mr Kevin M Gensler | |||||||
| Trustee | 1.0 | X | |||||
| Dr John M Giannini | |||||||
| Trustee | 1.0 | X | |||||
| Mr Thomas Gruenwald | |||||||
| Trustee | 1.0 | X | |||||
| Mrs Nancy Hanson | |||||||
| Trustee | 1.0 | X | |||||
| Mr Steven H Hoeft | |||||||
| Trustee, Chairman of the Board | 1.0 | X | |||||
| Dr Holly Humphrey | |||||||
| Trustee, Vice Chair, Acad Aff | 1.0 | X | |||||
| Mr Peter P Jones | |||||||
| Trustee | 1.0 | X | |||||
| Bishop Hee-Soo Jung | |||||||
| Trustee | 1.0 | X | |||||
| Mr David W Kelsch | |||||||
| Trustee, Vice Chair, Bus Aff. | 1.0 | X | |||||
| Mrs Michele kenaga | |||||||
| Trustee | 1.0 | X | |||||
| Mr ray kinney | |||||||
| Trustee | 1.0 | X | |||||
| mrs susan koranda | |||||||
| Trustee | 1.0 | X | |||||
| BISHOP LINDA LEE | |||||||
| Trustee (July to October) | 1.0 | X | |||||
| MR RONALD LEUPTOW | |||||||
| Trustee | 1.0 | X | |||||
| MR JOSEPH MALLON | |||||||
| Trustee, chair audit committee | 1.0 | X | |||||
| MR JAMES A MCDERMET | |||||||
| Trustee | 1.0 | X | |||||
| DR HOWARD MUELLER | |||||||
| Trustee (July to October) | 1.0 | X | |||||
| MS HOLLY I MYERS | |||||||
| Trustee, Board Secretary | 1.0 | X | |||||
| MR MICHAEL R NASET | |||||||
| Trustee | 1.0 | X | |||||
| MR JOHN NOVAK | |||||||
| Trustee (July to October) | 1.0 | X | |||||
| MR JEFF OESTERLE | |||||||
| Trustee, Vice Chair, Inst Adv. | 1.0 | X | |||||
| MR STEVEN RUBIN | |||||||
| Trustee | 1.0 | X | |||||
| MR STEPHEN T SELLERS | |||||||
| Trustee | 1.0 | X | |||||
| MR DONALD SHARP | |||||||
| Trustee | 1.0 | X | |||||
| DR JEFFREY K SWALLOW | |||||||
| Trustee | 1.0 | X | |||||
| MR SCOTT WEHRLI | |||||||
| Trustee | 1.0 | X | |||||
| DR HERMAN B WHITE JR | |||||||
| Trustee, Vice Chair, Stdt Aff. | 1.0 | X | 5000 | ||||
| MR ROBERT A WISLOW | |||||||
| Trustee | 1.0 | X | |||||
| Mr Lee Woolley | |||||||
| Trustee | 1.0 | X | |||||
| Miss Maria E Wynne | |||||||
| Trustee | 1.0 | X | |||||
| Mrs Beth Zimmerman | |||||||
| Trustee | 1.0 | X | |||||
| Dr Harold R Wilde | |||||||
| President (FY13:July to March) | 60.0 | X | 450936 | X | 0 | 60933 | |
| Dr Troy Hammond | |||||||
| President (January to June) | 60.0 | X | X | ||||
| Mr James Boyne | |||||||
| Trustee (October to June) | 1.0 | X | |||||
| Bishop Sally Dyck | |||||||
| Trustee (October to June) | 1.0 | X | |||||
| Ms Lori Novak | |||||||
| Trustee (October to June) | 1.0 | X | |||||
| Mr Paul Loscheider | |||||||
| VP for Business Affairs | 60.0 | 320066 | X | 0 | 39364 | ||
| Ms Laurie Hamen | |||||||
| VP for enrollment management | 60.0 | 303456 | X | 0 | 20684 | ||
| Dr R Devadoss Pandian | |||||||
| VP for Academic Affairs | 60.0 | 316211 | X | 0 | 35125 | ||
| Mr Rick E Spencer | |||||||
| Vp institutional advancement | 60.0 | 317729 | X | 0 | 38459 | ||
| Mr Martin Sauer | |||||||
| Dean of Admissions/Fin Aid | 50.0 | 152256 | 0 | 42456 | X | ||
| DR RICHARD WILDERS | |||||||
| PROF OF MATH/ASSOCIATE DEAN | 50.0 | 151145 | 0 | 26494 | X | ||
| DR FRANCINE NAVAKAS | |||||||
| PROF OF ENGLISH/ASSOCIATE DEAN | 50.0 | 141686 | 0 | 30008 | X | ||
| DR MARTI BOGART | |||||||
| PROF OF ECON/ASSOCIATE DEAN | 50.0 | 127759 | 0 | 42129 | X | ||
| DR PETER BARGER | |||||||
| DEAN OF GRADUATE & CONT EDUC | 50.0 | 128093 | 0 | 42781 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2414337 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 378433 | TotalOtherCompensation |
| Number Individuals GT100 K | 73 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| FH Paschen SN Nielson | |||||
| 5515 N East River Rd | CHICAGO | IL | 60656 | Construction | 2129202 |
| The Millard Group | |||||
| 94346 Eagle Way | CHICAGO | IL | 60678 | Cleaning Services | 857906 |
| Knickerbocker Roofing Paving | |||||
| 16851 S Lathrop Avenue | HARVEY | IL | 60426 | Construction | 405100 |
| Minuteman Press | |||||
| 1577 Naperville/Wheaton Road | NAPERVILLE | IL | 60563 | Printing Services | 315891 |
| Royall Company | |||||
| 1920 E Parham Rd | RICHMOND | VA | 23228 | Admissions Marketing | 314557 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 35 | NumberOfContractorsGT100K |
| Government Grants | 109950 | GovernmentGrants |
| All Other Contributions | 5331229 | AllOtherContributions |
| Noncash Contributions | 2614887 | NoncashContributions |
| Total Contributions | 5441179 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| TUITION (INCLUDING FINANCIAL AID) | 812900 | 81752830 | 81752830 | |
| STUDENT HOUSING AND AUXILARY ENTERPRISES | 812900 | 13179893 | 13179893 | |
| COMMUNITY EDUCATION | 812900 | 836616 | 563657 | 272959 |
| STUDENT FEES | 900099 | 479363 | 479363 | |
| OTHER ATHLETIC, ACADEMIC, AND ADMIN | 900099 | 452964 | 452964 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 96701666 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2304598 | TotalRevenueColumn |
| Exclusion | $2,304,598 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 609015 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 193530 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 415485 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 415485 | TotalRevenueColumn |
| Exclusion | $415,485 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 18893163 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 15658203 | Securities |
| Other | -170610 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3234960 | Securities |
| Other | 170610 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3064350 | TotalRevenueColumn |
| Exclusion | $3,064,350 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| THEATRE GATE RECEIPTS | 711130 | 958844 | $958,844 |
| PARKING FEES/FINES | 812930 | 199001 | $199,001 |
| ATHLETIC GATE RECEIPTS | 812900 | 81449 | $81,449 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 17516 | TotalRevenueColumn |
| Exclusion | $17,516 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1256810 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 109184088 | TotalRevenueColumn |
| Related Or Exempt Function Income | 96428707 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 272959 | UnrelatedBusinessRevenue |
| Exclusion | $7,041,243 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34969087 | Total |
| Program Services | 34969087 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1404968 | Total |
| Program Services | 907822 | ProgramServices |
| Management And General | 203642 | ManagementAndGeneral |
| Fundraising | 293504 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 150894 | Total |
| Program Services | 75218 | ProgramServices |
| Management And General | 75676 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26856624 | Total |
| Program Services | 23521696 | ProgramServices |
| Management And General | 2515519 | ManagementAndGeneral |
| Fundraising | 819409 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1973571 | Total |
| Program Services | 1726895 | ProgramServices |
| Management And General | 142365 | ManagementAndGeneral |
| Fundraising | 104311 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3889524 | Total |
| Program Services | 2372618 | ProgramServices |
| Management And General | 1385276 | ManagementAndGeneral |
| Fundraising | 131630 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1851163 | Total |
| Program Services | 1659375 | ProgramServices |
| Management And General | 179370 | ManagementAndGeneral |
| Fundraising | 12418 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 116377 | Total |
| Program Services | 28862 | ProgramServices |
| Management And General | 87515 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 135241 | Total |
| Program Services | 27848 | ProgramServices |
| Management And General | 107393 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 47974 | Total |
| Fundraising | 47974 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 583408 | Total |
| Program Services | 116682 | ProgramServices |
| Management And General | 466726 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2935018 | Total |
| Program Services | 2520021 | ProgramServices |
| Management And General | 359515 | ManagementAndGeneral |
| Fundraising | 55482 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1927663 | Total |
| Program Services | 1635421 | ProgramServices |
| Management And General | 38703 | ManagementAndGeneral |
| Fundraising | 253539 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1810769 | Total |
| Program Services | 1519019 | ProgramServices |
| Management And General | 192834 | ManagementAndGeneral |
| Fundraising | 98916 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 590124 | Total |
| Program Services | 581976 | ProgramServices |
| Management And General | 5137 | ManagementAndGeneral |
| Fundraising | 3011 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26858 | Total |
| Program Services | 26858 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8086557 | Total |
| Program Services | 7629664 | ProgramServices |
| Management And General | 456893 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1579502 | Total |
| Program Services | 1494600 | ProgramServices |
| Management And General | 28798 | ManagementAndGeneral |
| Fundraising | 56104 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 259809 | Total |
| Program Services | 213058 | ProgramServices |
| Management And General | 46429 | ManagementAndGeneral |
| Fundraising | 322 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 899674 | Total |
| Program Services | 861960 | ProgramServices |
| Management And General | 37714 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5538104 | Total |
| Program Services | 5305947 | ProgramServices |
| Management And General | 232157 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 163105 | Total |
| Program Services | 158708 | ProgramServices |
| Management And General | 4397 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| FOOD SERVICE | 3057463 | 3057463 | ||
| EQUIPMENT RENTAL | 1178820 | 956981 | 170877 | 50962 |
| HOSPITALITY | 1166914 | 847413 | 166056 | 153445 |
| DUES/SUBSCRIPTIONS | 630092 | 540591 | 89501 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 77067 | Total |
| Program Services | 35774 | ProgramServices |
| Management And General | 41293 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 101906370 | Total |
| Program Services | 92791557 | ProgramServices |
| Management And General | 7033786 | ManagementAndGeneral |
| Fundraising | 2081027 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13022293 | BOY |
| EOY | 8872935 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4593771 | BOY |
| EOY | 3280043 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4080325 | BOY |
| EOY | 3934946 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4064165 | BOY |
| EOY | 4290868 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1683240 | BOY |
| EOY | 2634578 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 182353578 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 52827430 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 128290038 | BOY |
| EOY | 129526148 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 84074235 | BOY |
| EOY | 97960676 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8473267 | BOY |
| EOY | 7714563 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 998789 | BOY |
| EOY | 374590 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 249280123 | BOY |
| EOY | 258589347 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7014900 | BOY |
| EOY | 6774039 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1017059 | BOY |
| EOY | 954773 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41500000 | BOY |
| EOY | 41500000 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9499768 | BOY |
| EOY | 7152255 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 59031727 | BOY |
| EOY | 56381067 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 129358387 | BOY |
| EOY | 137594469 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19891554 | BOY |
| EOY | 22929455 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40998455 | BOY |
| EOY | 41684356 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 190248396 | BOY |
| EOY | 202208280 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 249280123 | BOY |
| EOY | 258589347 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 7277718 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 2039223 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 2642943 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 91274932 | BeginningOfYearBalance |
| Contributions | 1267004 | Contributions |
| Investment Earnings Or Losses | 7676111 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 989273 | GrantsOrScholarships |
| Other Expenditures | 2120591 | OtherExpenditures |
| Administrative Expenses | 269489 | AdministrativeExpenses |
| End Of Year Balance | 96838694 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 94092598 | BeginningOfYearBalance |
| Contributions | 2296389 | Contributions |
| Investment Earnings Or Losses | -2014713 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 868206 | GrantsOrScholarships |
| Other Expenditures | 1987623 | OtherExpenditures |
| Administrative Expenses | 243513 | AdministrativeExpenses |
| End Of Year Balance | 91274932 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 78969002 | BeginningOfYearBalance |
| Contributions | 808468 | Contributions |
| Investment Earnings Or Losses | 17217140 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 794674 | GrantsOrScholarships |
| Other Expenditures | 1877213 | OtherExpenditures |
| Administrative Expenses | 230125 | AdministrativeExpenses |
| End Of Year Balance | 94092598 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 68798252 | BeginningOfYearBalance |
| Contributions | 2897284 | Contributions |
| Investment Earnings Or Losses | 10133552 | InvestmentEarningsOrLosses |
| Other Expenditures | 2860086 | OtherExpenditures |
| End Of Year Balance | 78969002 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 79440231 | BeginningOfYearBalance |
| Contributions | 4162125 | Contributions |
| Investment Earnings Or Losses | -14748673 | InvestmentEarningsOrLosses |
| Other Expenditures | 55431 | OtherExpenditures |
| End Of Year Balance | 68798252 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.46000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.42000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.12000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | true | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7598268 | OtherCostOrOtherBasis |
| Book Value | 7598268 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 154491762 | OtherCostOrOtherBasis |
| Depreciation | 39123900 | Depreciation |
| Book Value | 115367862 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 20143548 | OtherCostOrOtherBasis |
| Depreciation | 13703530 | Depreciation |
| Book Value | 6440018 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 120000 | OtherCostOrOtherBasis |
| Book Value | 120000 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 129526148 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| SPLIT INTEREST AGREEMENTS | $2,371,477 |
| REFUNDABLE LOAN | $1,299,495 |
| INTEREST RATE SWAP | $3,418,785 |
| OTHER LONG-TERM LIABILITY | $62,498 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 7152255 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 76447754 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 2039223 | NetUnrealizedGainsInvestments |
| Other Revenues | 193530 | OtherRevenues |
| Revenue Not Rptd F990 | 2232753 | RevenueNotRptdF990 |
| Revenue Subtotal | 74215001 | RevenueSubtotal |
| Other Revenues Not Included | 34969087 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 34969087 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 109184088 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 67130813 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 193530 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 193530 | ExpensesNotRptdF990 |
| Expenses Subtotal | 66937283 | ExpensesSubtotal |
| Other Expenses Not Included | 34969087 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 34969087 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 101906370 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Description of Organization's Collections | Schedule D, Part III, Line 4 | The North Central College archives consists of manuscripts, publications, photographs, audio-visual materials, artifacts, and other unique historical materials documenting the history of the college. The archives hold similar types of materials for two additional collections, the suburban studies archives (which seeks to document the transition of Chicago's west suburban region following World War II) and the papers of retired US Congressman Harris W Fawell. The North Central College archives' mission is to collect, organize, describe, preserve and make available for research materials on the history of the college and the local area as related to the college. The archives support the college community's need for historical information and provides reference assistance to archival researchers on and off campus. North Central College's Oesterle Library Special Collections (independent of the archives) include a collection of presidential and other famous persons signatures, a first editions collection of books, a unique collection of books on Chicago area history, and a set of books and sheet music for jazz. North Central College's art collection is on display throughout campus and includes a variety of media and artists, from Bronzes by Gustav Borglum and Christian Peterson to tapestry by aluma Helen Gamersfelder Naumann. |
| Intended Uses of Endowment Funds | Schedule D, Part V, Line 4 | Permanently restricted net assets are restricted as investments in perpetuity. The College's endowment consists of various individual funds established for different purposes that all support the mission of the College. The College's endowment consists of $40,763,210 in donor-restricted endowment funds at June 30, 2013. Net assets associated with the College's endowment funds are classified and reported based on the existence of donor-imposed restrictions. The College accounts for endowment net assets by preserving the fair value of the original gift as of the gift date of the donor-restricted endowment fund absent explicit donor stipulations to the contrary. As a result, the College classifies as permanently restricted net assets (a) the original value of gifts donated to the permanent endowment, (b) the original value of subsequent gifts to the permanent endowment and (c) accumulations to the permanent endowment made in accordance with the direction of the applicable donor gift instrument at the time the accumulation is added to the fund. The remaining portion of the donor-restricted endowment fund that is not classified in permanently restricted net assets is classified as temporarily restricted net assets, according to donor stipulations, until those amounts are appropriated for expenditure by the College for the donor-stipulated purpose. The College considers the following factors in making a determination either to appropriate or to accumulate donor-restricted endowment funds: 1. The duration and preservation of the fund. 2. The purposes of the College's and the donor-restricted endowment fund. 3 General economic conditions. 4. The possible effects of inflation and deflation. 5. The expected total return from income and the appreciation of investments. 6. Other resources of the College. 7. The investment policies of the College. From time to time, the fair value of assets associated with individual donor-restricted endowment funds may fall below the level that the donor requires the College to retain as a fund of perpetual duration. Deficiencies of this nature that are reported in unrestricted net assets were $-0- in 2013 and 2012. The College has adopted investment and spending policies for endowment assets that attempt to provide a predictable stream of funding to programs supported by its endowment while seeking to maintain the purchasing power of the endowment assets. As of June 30, 2013 and 2012, endowment assets include those assets of donor-restricted funds that the College must hold in perpetuity or for donor-specified periods and Board-designated (quasi) endowment funds. Under this policy, as approved by the Board of Trustees, the endowment assets are invested in a manner that is intended to provide adequate liquidity, maximizing returns on all funds invested and achieving full employment of all available funds as earning assets. The College has an active Investment Committee that meets regularly to ensure that the objectives of the investment policy are being met and that the strategies used to meet the objectives are in accordance with the investment policy. |
| Supplemental Description - Other | Schedule D, Part XII, Line 2d | Rental Expenses $193,530 |
| Supplemental Description - Other | Schedule D, Part XII, Line 4b | Student Financial Aid $34,969,087 |
| Supplemental Description - Other | Schedule D, Part XIII, Line 2d | Rental Expenses $193,530 |
| Supplemental Description - Other | Schedule D, Part XIII, Line 4b | Student Financial Aid $34,969,087 |
| Organization's Liability for Uncertain Tax Positions Under FIN 48 | Schedule D, Part X, Question 2 | The FASB issued guidance that requires tax effects from uncertain tax positions to be recognized in the financial statements only if the position is more likely than not to be sustained if the position were to be challenged by a taxing authority. Management has determined there are no material uncertain positions that require recognition in the financial statements. Additionally, no provision for income taxes is reflected in these financial statements as the Colleges unrelated business income was offset by the expenses directly connected with the conduct of the activity creating a net operating loss. There is no interest or penalties recognized in the statements of activities or statements of financial position. The tax years ending 2010, 2011 and 2012 are still open to audit for both federal and state purposes. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Publication of Racially Nondiscriminatory Policy | Schedule E, Part I, Line 3 | The college's policy is one of non-discrimination with respect to the public served by the institution and with respect to the college personnel. Advertisements, brochures, publications, application for admissions, etc., contain a statement to the effect that the college does not discriminate on the basis of race, color, religion, gender, age, national origin, ancestry, marital status, sexual orientation, handicap, disability, veteran status or unfavorable discharge from military service. A classified advertisement is run once per term with the college's anti-discrimination policy. |
| Government Assistance | Schedule E, Part I, Line 6a | North Central College applies for and receives educational grants, as approved on a case by case basis, from Federal and State agencies. The college also participates annually in Federal & State financial aid programs, specifically Pell, SEOG, Federal Work Study, Perkins, Federal Direct Loans, and various other state of Illinois scholarship programs for qualified students. The federal grants and loans are reported in the College's A-133 Single Audit. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | true | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Individual | Wilson-Bennett Technology | NameOfIndividual |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 206 W Plaza Blvd | AddressLine1 |
| City | Cabot | City |
| State | AR | State |
| ZIP Code | 72023 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | Phonathon | Activity |
| Fundraiser Control Of Funds | false | FundraiserControlOfFunds |
| Gross Receipts | 118420 | GrossReceipts |
| Amount Retained By Contractor | 47974 | AmountRetainedByContractor |
| Net To Organization | 70446 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 118420 | TotalGrossReceipts |
| Total Retained By Contractors | 47974 | TotalRetainedByContractors |
| Total Net To Organization | 70446 | TotalNetToOrganization |
| Licensed States | IL | LicensedStates |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Academic Scholarships & Grants | TypeOfGrant |
| Number Of Recipients | 2714 | NumberOfRecipients |
| Amount Of Cash Grant | 34969087 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Use of Grant Funds Inside U.S. | Identifier |
| Return Reference | Schedule I, Part I, Line 2 | ReturnReference |
| Explanation | The College provides scholarships to students matriculating at the College; all funds issued to students are required to defray the cost of tuition and no student may use the funds for other than educational purposes. Since the students have no discretion in the use of the funds, the College does not need to monitor the grants once issued. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (10 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dr Harold R Wilde | ||||||||||||||
| President (FY13:July to March) | 333988 | 0 | 110000 | 0 | 6948 | 0 | 26250 | 0 | 34683 | 0 | 511869 | 0 | 0 | 0 |
| Mr Paul Loscheider | ||||||||||||||
| VP for Business Affairs | 176129 | 0 | 25000 | 0 | 118937 | 0 | 19511 | 0 | 19853 | 0 | 359430 | 0 | 117754 | 0 |
| Ms Laurie Hamen | ||||||||||||||
| VP for enrollment management | 185052 | 0 | 25000 | 0 | 93404 | 0 | 19454 | 0 | 1230 | 0 | 324140 | 0 | 92774 | 0 |
| Dr R Devadoss Pandian | ||||||||||||||
| VP for Academic Affairs | 187471 | 0 | 25000 | 0 | 103740 | 0 | 20195 | 0 | 14930 | 0 | 351336 | 0 | 97825 | 0 |
| Mr Rick E Spencer | ||||||||||||||
| Vp institutional advancement | 178832 | 0 | 25000 | 0 | 113897 | 0 | 19454 | 0 | 19005 | 0 | 356188 | 0 | 112089 | 0 |
| Mr Martin Sauer | ||||||||||||||
| Dean of Admissions/Fin Aid | 146784 | 0 | 5000 | 0 | 472 | 0 | 13945 | 0 | 28511 | 0 | 194712 | 0 | 0 | 0 |
| DR RICHARD WILDERS | ||||||||||||||
| PROF OF MATH/ASSOCIATE DEAN | 148585 | 0 | 0 | 0 | 2560 | 0 | 15239 | 0 | 11255 | 0 | 177639 | 0 | 0 | 0 |
| DR FRANCINE NAVAKAS | ||||||||||||||
| PROF OF ENGLISH/ASSOCIATE DEAN | 137673 | 0 | 1500 | 0 | 2513 | 0 | 14982 | 0 | 15026 | 0 | 171694 | 0 | 0 | 0 |
| DR MARTI BOGART | ||||||||||||||
| PROF OF ECON/ASSOCIATE DEAN | 123532 | 0 | 3500 | 0 | 727 | 0 | 13342 | 0 | 28787 | 0 | 169888 | 0 | 0 | 0 |
| DR PETER BARGER | ||||||||||||||
| DEAN OF GRADUATE & CONT EDUC | 125377 | 0 | 2000 | 0 | 716 | 0 | 13165 | 0 | 29616 | 0 | 170874 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Housing allowance or residence for personal use | Schedule J, Part I, Line 1a | VALUE OF HOUSING PROVIDED TO THE PRESIDENT OF THE COLLEGE (NON-TAXABLE): IRS INSTRUCTIONS TO FORM 990 REQUIRE THAT THE FAIR MARKET VALUE OF HOUSING PROVIDED TO EMPLOYEES BY THEIR EMPLOYER BE REPORTED ON FORM 990, PART VII, SECTION A AND SCHEDULE J, PART II. AS A CONDITION OF EMPLOYMENT, THE PRESIDENT OF NORTH CENTRAL COLLEGE IS REQUIRED TO RESIDE ON THE CAMPUS PREMISES. THE RESIDENCE SERVES BOTH AS A PERSONAL RESIDENCE AS WELL AS A VENUE FOR REGULAR CARRYING ON OF COLLEGE BUSINESS. THE COLLEGE HAS DETERMINED THAT THE VALUE OF THE USE OF THIS PERSONAL RESIDENCE IS NOT CONSIDERED TAXABLE INCOME TO THE PRESIDENT, consistent with Internal Revenue Code Section 119(a)(2) and all related provisions. FOR TAX YEAR 2012, THE VALUE OF THE PRESIDENT'S USE OF THE RESIDENCE WAS CONSERVATIVELY ESTIMATED TO BE $22,608. THIS ESTIMATED VALUE WAS BASED ON THE FAIR RENTAL VALUE OF $1,884 PER MONTH FOR SIMILAR HOUSES IN THE AREA. DURING CALENDAR YEAR 2012, THE CURRENT PRESIDENT, DR. HAROLD R. WILDE AND HIS WIFE, MADE THE RESIDENCE THEIR HOME FOR 12 MONTHS OF THE YEAR. SCHEDULE J, PART II, COLUMN (D) INCLUDES $22,608 OF NON-TAXABLE INCOME ASSOCIATED WITH THE USE OF THE RESIDENCE PROVIDED BY THE COLLEGE. |
| Supplemental nonqualified retirement plan | Schedule J, Part I, Line 4b | The Supplemental Nonqualified 457(F) Retirement Plan was discontinued by the Board of Trustees for the four (4) participating Vice Presidents in 2012. All vested benefits as of December 2012 were distributed as follows: i. Mr. Paul Loscheider, VP for Business Affairs $117,754 ii. Ms. Laurie Hamen, VP for Enrollment Management $92,774 iii. Dr. R.D. Pandian, VP for Academic Affairs $97,825 iv. Mr. Rick Spencer, VP for Institutional Advancement $112,089 In addition, coincident with his retirement in March 2013, Dr. Harold R. Wilde, President, had a Supplemental Nonqualified 457(F) Retirement Plan discontinued and thus, the final payout of all vested benefits under that plan are scheduled to be paid in 2013 and will be reported on next year's Form 990, as required. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)
| Bond ReferenceBondReferenceCd | Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|---|
| ILLINOIS FINANCE AUTHORITY | ||||||||
| A | 861091967 | 45200FNS4 | 2008-10-16 | 17000000 | See Part VI | false | false | false |
| Illinois Finance Authority | ||||||||
| B | 861091967 | 452001Q86 | 2005-05-31 | 21200000 | See Part VI | false | false | true |
| Illinois Finance Authority | ||||||||
| C | 861091967 | 452001ZF0 | 2005-05-31 | 36500000 | See Part VI | false | false | true |
Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)
| Bond ReferenceBondReferenceCd | Amount RetiredAmountRetired | Amount Bond DefeasedAmountBondDefeased | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Capitalized InterestCapitalizedInterest | Refunding EscrowRefundingEscrow | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Working Capital ExpendituresWorkingCapitalExpenditures | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Amount UnspentAmountUnspent | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 17232326 | 0 | 105630 | 0 | 289481 | 420342 | 0 | 16351973 | 64900 | 0 | 2009 | false | false | true | true |
| B | 3400000 | 0 | 21200000 | 0 | 0 | 21200000 | 0 | 0 | 0 | 0 | 0 | 0 | 2000 | true | false | true | true |
| C | 7000000 | 0 | 36500000 | 0 | 0 | 36500000 | 0 | 0 | 0 | 0 | 0 | 0 | 1999 | true | false | true | true |
Form990 Schedule K Part III Form990ScheduleKPartIII (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Engage Bond Counsel ContractsEngageBondCounselContracts | Any Research AgreementsAnyResearchAgreements | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Bond Iss Meet Prvt Security Pay TestBondIssMeetPrvtSecurityPayTest | Change In Use Bond Financed PropChangeInUseBondFinancedProp | Remedial Action TakenRemedialActionTaken | Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | true | true | false | 0.00000 | 0.00000 | 0.00000 | false | false | false | true |
| B | false | false | true | true | false | 0.00000 | 0.00000 | 0.00000 | false | false | false | true |
| C | false | false | true | true | false | 0.00000 | 0.00000 | 0.00000 | false | false | false | true |
Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiled | Exception To RebateExceptionToRebate | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Term Of HedgeTermOfHedge | Superintegrated HedgeSuperintegratedHedge | Hedge TerminatedHedgeTerminated | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Business Name Line1NameOfGICProvider/BusinessNameLine1 | Gross Proceeds InvestedGrossProceedsInvested | Written Proc To Monitor ReqsWrittenProcToMonitorReqs |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Bank of America NA | |||||||||||
| A | false | false | true | true | 29.9 | false | false | false | 0 | false | false |
| 0 | |||||||||||
| B | false | true | true | false | false | 0 | false | false | |||
| Bank of America NA | |||||||||||
| C | false | true | true | true | 20. | false | false | false | 0 | false | false |
Form990 Schedule K Part V Form990ScheduleKPartV (3 entries)
| Bond ReferenceBondReferenceCd | Proc To Undertk Corrective ActionProcToUndertkCorrectiveAction |
|---|---|
| A | false |
| B | false |
| C | false |
Form990 Schedule K Part VI Form990ScheduleKPartVI (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Description of Purpose | Schedule K, Part I, Column F, Line A | THE BONDS WERE ISSUED TO FINANCE OR REIMBURSE THE COSTS OF THE ACQUISITION, CONSTRUCTION, RENOVATION, IMPROVEMENT AND EQUIPPING OF CERTAIN EDUCATIONAL FACILITIES. |
| Description of Purpose | Schedule K, Part I, Column F, Line B | The 1999 Bonds (defined below) were issued to provide funds to several Section 501(c)(3) nonprofit organizations. The bonds were issued in the amount of $21,200,000. North Central College benefitted from $10,000,000 of the proceeds of the bonds. The issuer of the bonds changed the mandatory tender provisions of the indenture governing previously issued bonds (the "1999 Bonds") thereby resulting in the Variable Rate Demand Revenue Bonds, Series 1999 (ACI/Cultural Pooled Financing Program) originally issued by the Illinois Educational Facilities Authority on July 28, 1999 to be assumed to be reissued and currently refunded for Federal income tax purposes on May 31, 2005. The portion of the proceeds of the 1999 Bonds which were borrowed by North Central College were used to finance or reimburse the costs of the acquisition, construction, renovation, improvement and equipping of educational facilities. |
| Description of Purpose | Schedule K, Part I, Column F, Line C | The 1998 Bonds (defined below) were issued to provide funds to several Section 501(c)(3) nonprofit organizations. North Central College benefitted from $15,000,000 of the proceeds of the Bonds. The bonds were issued in the amount of $36,500,000. The issuer of the bonds changed the mandatory tender provisions of the indenture governing previously issued bonds (the "1998 Bonds") thereby resulting in the Variable Rate Demand Revenue Bonds, Series 1998 (ACI/Cultural Pooled Financing Program) originally issued by the Illinois Educational Facilities Authority on March 25, 1998 to be assumed to be reissued and currently refunded for Federal income tax purposes on May 31, 2005. The portion of the proceeds of the 1998 Bonds which were borrowed by North Central College were used to finance or reimburse the costs of the acquisition, construction, renovation, improvement and equipping of educational facilities. In April of 2006, North Central College paid $500,000 of principal; therefore $14,500,000 is still outstanding. |
| Total Proceeds of issue | Schedule K, Part II, Column A, Line 3 | The issue price of the bonds is $17,000,000. Investment earnings through the end of the project period were $232,326. |
| Total Proceeds of issue | Schedule K, Part II, Column B, Line 3 | The issuer price of the bonds is $21,200,000. North Central College benefitted from $10,000,000 of the proceeds of the bonds. The $10,000,000 amount is inadvertently listed as $9,000,000 on the Form 8038 for the 1999 bonds. |
| Total Proceeds of issue | Schedule K, Part II, Column C, Line 3 | The issue price of the bonds is $36,500,000. North Central College benefitted from $15,000,000 of the proceeds of the bonds. In April of 2006, North Central College paid $500,000 of principal; therefore $14,500,000 is still outstanding. |
| Other Spent Proceeds | Schedule K, Part II, Column C, Line 11 | Other spent proceeds includes LOC fees of $25,500 (paid 10/31/08 from the Project Fund), LOC fees of $19,650 (paid 7/21/09 from the Cap Interest fund), and $19,750 of Remarketing Fees (paid 11/3/09 from the Cap Interest fund). |
| Procedures to Undertake Corrective Action | Schedule K, Part V | North Central College has not violated any applicable requirements for tax exempt bonds benefiting the college. The College has not established written procedures to ensure timely identification of federal tax requirements or timely correction of any identified violations, but the College is current working with bond counsel to establish procedures to implement in the near future. |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Interested Person | NA | NameOfInterestedPerson |
| Relationship With Organization | N/A | RelationshipWithOrganization |
| Amount Of Grant | 21000 | AmountOfGrant |
| Type Of Assistance | Merit Based | TypeOfAssistance |
| Purpose Of Assistance | Scholarships | PurposeOfAssistance |
Form990 Schedule L Part IV Form990ScheduleLPartIV (4 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| DAVID KELSCH | |||
| TRUSTEE | 277289 | SEE PART V | false |
| RAY KINNEY | |||
| TRUSTEE | 319390 | SEE PART V | false |
| BRAD SPENCER | |||
| FAMILY OF CURRENT OFFICER | 56299 | SEE PART V | false |
| MARGARET WHITE | |||
| FAMILY OF CURRENT OFFICER | 94595 | SEE PART V | false |
Form990 Schedule L Part V Form990ScheduleLPartV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Grants or Assistance Benefiting Interested Persons | Schedule L, Part III | Although there may be recipients who are related to persons having an interest in the institution, such recipients are selected on an equal, objectively determinable basis with other recipients. All students receiving scholarships and fellowships are judged worthy by the institution's assessment on the basis of academic achievement, financial need and other similar standards. Any scholarship committee member who has a relationship with any potential recipient of scholarship money is not included in the selection process for that particular candidate. |
| Business Transactions with Interested Persons | Schedule L, Part IV | David Kelsch is a trustee of the board of North Central College, he is also the President and CEO of Advanced Data Technologies Inc. North Central College paid Advanced Data Tech $277,289 for professional services during fiscal year 2013. The business transaction between North Central College and Advanced Data Technologies Inc was conducted at arm's length, and a fair market value price was provided to the college for the services provided. Ray Kinney is a trustee of the board of North Central College, he is also a Principal of Minuteman Press and substantial shareholder of the company. Additionally, Ray Kinney is an officer of Maclyn Group and Blooming Color. North Central College paid Minuteman Press $315,891, Maclyn Group $2,239 and Blooming Color $1,260 in fiscal year 2013 for their services, (IN AGGREGATE A TRANSACTION OF $319,390). The business transaction between North Central College, Minuteman Press, Maclyn Group and Blooming Color was conducted at arm's length, and a fair market value price was provided to the college for the services provided. The College employs Brad Spencer who is an interested person due to his family relationship with an officer of the College. His employment and resulting salary are not influenced by his relationship and are at fair value for the services provided. The College employs Margaret White who is an interested person due to her family relationship with an trustee of the college. Her employment and resulting salary are not influenced by her relationship and are at fair value for the services provided. |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 31 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 2214887 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Market Value | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther |
Real Estate Residential RealEstateResidential
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 400000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Appraised Value | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts | |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | true | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| HOW ORGANIZATION IS REPORTING CONTRIBUTIONS | SCHEDULE M, PART 1, COLUMN B | THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS, NOT ITEMS RECEIVED. |
| Third Party Vendor Arrangement | Schedule M, Part 1, Line 32a | When North Central College receives a stock gift, the development office refers the donor to our 3rd party broker Stifel Nicolaus (70 W Madison St, Suite 5000, Chicago, IL 60602). Upon authorization from the VP of Business Affairs, the broker sells the stock and sends North Central College the proceeds less fees. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Material Differences in Members' Voting Rights | Form 990, Part VI, Line 1A and 1B | There were 36 voting members at the beginning and end of fiscal year 2013. Three new members (James Boyne, Sally Dyck, and Lori Novak) were appointed to the board during the fiscal year. John Novak went from Active to Honorary Trustee, and Linda Lee and Howard Mueller retired from the board. Harold Wilde, the President also retired and was replaced by Troy Hammond. The President and 7 other members of the Board have a conflict based on the criteria provided. Executive Committee Membership: There shall be an Executive Committee of up to thirteen members, composed of the Chair, the four Vice-Chairs, the Secretary, the audit committee chair, the President of the College and up to five at-large members. A quorum shall consist of seven members. Duties: The Executive Committee shall transact such business as may be referred to it by the Board of Trustees, and any other business which the interests of the College may require during the intervals between meetings of the Board. It shall hold such meetings as it may deem desirable, and shall keep an accurate record of its proceedings and receive approval of these miuntes at the next regularly scheduled meeting of the Board. The Secretary of the Board shall mail the record of the proceedings of each meeting within forty-five days to all members of the Board and to such other persons as the Committee may designate. The Committee shall annually set by June 30 the salary and benefits to be provided the President of the College for the following fiscal year. |
| Family Relationships | Form 990, Part VI, Line 2 | TRUSTEE JEFF OESTERLE HAS A BUSINESS RELATIONSHIP WITH TRUSTEE SCOTT WEHRLI. TRUSTEES KEVIN GENSLER, RAY KINNEY, AND SCOTT WEHRLI HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. |
| Form 990 Review Process | Form 990, Part VI, Line 11b | A review was conducted prior to filing the 990 with the IRS. The Assistant VP of Finance/Comptroller and Senior Accountant gather all information from various areas of the college and submit to tax professionals for the first draft of the 990. The Assistant VP of Finance/Comptroller and Senior Accountant review and make necessary changes. The second draft was reviewed by the VP for Business Affairs and the College President. Again, updates and changes were made if necessary. A final draft was sent via email to all voting board members for their review. If any changes were required after board review, they were sent to the tax professionals for incorporation into the Form 990. |
| Conflict of Interest Policy Monitoring & Enforcement | Form 990, Part VI, Line 12c | The conflict of interest statements are sent to each board member with the May board packet, which includes reading materials for the upcoming meeting. All board members are expected to return the conflict of interest statements at the May board meeting, if not sooner. A process has been established to follow up with any members who have not returned the conflict of interest statement within the given parameters. The college monitors conflicts of interest by sending out a questionnaire annually, as well as at every meeting the question is raised. If a conflict arises, that individual is prohibited from participating in the governing body's deliberations and decisions in the transaction under discussion. |
| Process for Determining Compensation | Form 990, Part VI, Line 15a | The Compensation Committee (a sub-committee of the Board) is responsible for determining the President's salary and reviewing the Vice Presidents' salaries. The Compensation Committee works with Human Resources (and possibly outside consultants) to obtain comparable salary/benefit data from organizations such as College and University Personnel Association (CUPA), in order to establish appropriate salary/benefit packages. The Compensation Committee consists of the Chair of the Board and two active trustees, who are not related to the President or Vice Presidents and do not perform management-directed services to the College. The College has an annual review of their compensation process. Annually, the Executive Committee reviews the Compensation Committee's recommendations and approves the President's compensation. The Vice Presidents' compensation is brought before the Board of Trustees in an executive session at the fall meeting. Contemporaneous documentation is maintained for all compensation decisions. |
| How Documents are Made Available to the Public | Form 990, Part VI, Line 19 | The conflict of interest policy and financial statements are available to the public at North Central College's website, www.noctrl.edu. |
| Other Changes in Net Assets or Fund Balances | Form 990, Part XI, Line 5 | Change in fair value of interest rate swap agreement $2,140,548 Change in value of split-interest agreements $502,395 Total increase in net assets or fund balances $2,642,943 |
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