THOMAS COLLEGE: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- THOMAS COLLEGE (EIN 01-0263385)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-04-18
- IRS object ID
- 201441089349300614
- Schema version
- 2012v2.0
- 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 M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-04-18T11:52:38-07:00 | 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 | Macpage LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 Long Creek Dr | AddressLine1 |
| City | South Portland | City |
| State | ME | State |
| ZIP Code | 04106 | 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 | 010263385 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Thomas College | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | THOM | NameControl |
| Phone | 2078591111 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 180 West River Road | AddressLine1 |
| City | Waterville | City |
| State | ME | State |
| ZIP Code | 04901 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Beth Gibbs | Name |
| Title | Treasurer/ Sr VP | Title |
| Date Signed | 2014-04-18 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Patrick Nicholas | Name |
| PTIN | P00289567 | PTIN |
| Phone | 2077745701 | 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 | Laurie Lachance | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 180 West River Rd | AddressLine1 |
| City | WATERVILLE | City |
| State | ME | State |
| ZIP Code | 04901 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 28356438 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| All Affiliates Included | false | AllAffiliatesIncluded |
| Group Exemption Number | 3913 | GroupExemptionNumber |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.thomas.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1894 | YearFormation |
| State Legal Domicile | ME | StateLegalDomicile |
| Activity Or Mission Description | Thomas College prepares students for success in their personal and professional lives, and for leadership and service in their communities. Thomas provides a supportive learning environment that values the needs and goals of individual students. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 21 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 20 | NbrIndependentVotingMembers |
| Total Nbr Employees | 482 | TotalNbrEmployees |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 2063124 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3593971 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 20683759 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 21902555 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 570467 | InvestmentIncomePriorYear |
| Investment Income Current Year | 675686 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 182366 | OtherRevenuePriorYear |
| Other Revenue Current Year | 178471 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 23499716 | TotalRevenuePriorYear |
| Total Revenue Current Year | 26350683 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 6622264 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 7430330 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 7428876 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 8399650 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 230000 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 17500 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 827670 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 7274205 | OtherExpensePriorYear |
| Other Expenses Current Year | 7039456 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 21555345 | TotalExpensesPriorYear |
| Total Expenses Current Year | 22886936 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1944371 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 3463747 | RevenuesLessExpensesCY |
| Total Assets BOY | 51067152 | TotalAssetsBOY |
| Total Assets EOY | 53630085 | TotalAssetsEOY |
| Total Liabilities BOY | 14327257 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 12670182 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 36739895 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 40959903 | NetAssetsOrFundBalancesEOY |
| Mission Description | Thomas College prepares students for success in their personal and professional lives, and for leadership and service in their communities. Thomas provides a supportive learning environment that values the needs and goals of individual students. At Thomas, students discover and fulfill their unique potential. Each program at the college promotes professional excellence, informed by ethics and integrity. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 20230440 | Expense |
| Grants | 7430330 | Grants |
| Revenue | 21902555 | Revenue |
| Description | Instruction - undergraduate and graduate education offering associates, bachelor and masters degree programs concentrating in business, education, technology, criminal justice and psychology to approximately 849 full-time students and 335 part-time. | Description |
| Total Program Service Expense | 20230440 | 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 | false | 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 | false | 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 | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | 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 |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 73 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 482 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Form990-T Filed | false | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | true | NonDeductibleContributions |
| Non Deductible Disclosure | true | NonDeductibleDisclosure |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 0 | NumberOf8282Filed |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | false | Form8899Filed |
| Form1098 C Filed | false | Form1098CFiled |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Filed Lieu1041 | false | FiledLieu1041 |
| Licensed More Than One State | false | LicensedMoreThanOneState |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 21 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 20 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | 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 | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | ME | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Beth Gibbs | NamePerson |
| Telephone Number | 2078591111 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 180 West River Road | AddressLine1 |
| City | Waterville | City |
| State | ME | State |
| ZIP Code | 04901 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (27 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| Kelley B Shimansky | |||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| Jane Parkhurst | |||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| Marc Gendron | |||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| Richard Spellman | |||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| Dorcas Riley | |||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| John Libby | |||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| Clifford C Abbott Jr | |||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| Laurie Lachance | |||||||||
| President | 40.00 | 0.00 | X | 96751 | 0 | 14394 | X | ||
| PAUL J SCHUPF | |||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| SUSAN ROCHE | |||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| WILLIAM PURRINGTON | |||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| GREGORY PIPER | |||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| William Ryan Jr | |||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| WILLIAM DUBAY | |||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| BRIAN BERNATCHEZ | |||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| Wayne Norton | |||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| KENNETH VIENS | |||||||||
| Secretary | 1.00 | 0.00 | X | 0 | 0 | 0 | X | ||
| H ALLEN RYAN | |||||||||
| 2nd vice chair | 1.00 | 0.00 | X | 0 | 0 | 0 | X | ||
| Douglas L Cutchin | |||||||||
| 1ST VICE CHAIR | 1.00 | 0.00 | X | 0 | 0 | 0 | X | ||
| Todd Smith | |||||||||
| Co-Chair | 1.00 | 0.00 | X | 0 | 0 | 0 | X | ||
| Conrad L Ayotte | |||||||||
| co-chair | 1.00 | 0.00 | X | 0 | 0 | 0 | X | ||
| Robert Moore | |||||||||
| VP Inst advance | 40.00 | 0.00 | 105418 | 0 | 9849 | X | |||
| Lisa Desautels-Poliquin | |||||||||
| VP-Student Affr | 40.00 | 0.00 | 103812 | 0 | 11222 | X | |||
| Thomas Edwards | |||||||||
| VP Acad.Affairs | 40.00 | 0.00 | 130675 | 0 | 21640 | X | |||
| Beth Gibbs | |||||||||
| Treasurer/Sr VP | 40.00 | 0.00 | 139235 | 0 | 24310 | X | |||
| Christopher Rhoda | |||||||||
| VP-Info Services | 40.00 | 0.00 | 110719 | 0 | 20339 | X | |||
| George Spann | |||||||||
| Former President | 0.00 | 0.00 | 264062 | 0 | 28776 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 950672 | TotalReportableCompFromOrg |
| Total Other Compensation | 130530 | TotalOtherCompensation |
| Number Individuals GT100 K | 6 | NumberIndividualsGT100K |
| Formers Listed | true | 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 |
|---|---|---|---|---|---|
| The Sheridan Corporation | |||||
| 33 Sheridan Road | Fairfield | ME | 04937 | Commercial Construct | 4602353 |
| Sodexo Inc & Affiliates | |||||
| 180 West River Road | Waterville | ME | 04901 | Dining Services | 1260491 |
| JS McCarthy | |||||
| 15 Darin Drive | Augusta | ME | 043309479 | Printing Services | 171525 |
| Connor Architecture LLC | |||||
| 1656 Massachusetts Ave | Lexington | MA | 02241 | Architectural Servic | 164742 |
| CN Brown | |||||
| PO Box 83371 | Woburn | MA | 018133371 | Heating Oil | 270924 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 13 | NumberOfContractorsGT100K |
| Government Grants | 399861 | GovernmentGrants |
| All Other Contributions | 3194110 | AllOtherContributions |
| Noncash Contributions | 735898 | NoncashContributions |
| Total Contributions | 3593971 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Tuition and fees | 611600 | 21650613 | 21650613 |
| Summer programs | 611600 | 251942 | 251942 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 21902555 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 534448 | TotalRevenueColumn |
| Exclusion | $534,448 | 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 |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2146993 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2005755 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 141238 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 141238 | TotalRevenueColumn |
| Exclusion | $141,238 | 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 |
|---|---|---|---|
| Yearbook | 511190 | 13475 | $13,475 |
| Other fees and charges | 611600 | 154422 | $154,422 |
| Bookstore | 451211 | 10574 | $10,574 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 178471 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 26350683 | TotalRevenueColumn |
| Related Or Exempt Function Income | 21902555 | RelatedOrExemptFunctionIncome |
| Exclusion | $854,157 | 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 | 7430330 | Total |
| Program Services | 7430330 | 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 | 950145 | Total |
| Program Services | 267350 | ProgramServices |
| Management And General | 567528 | ManagementAndGeneral |
| Fundraising | 115267 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5963264 | Total |
| Program Services | 5294230 | ProgramServices |
| Management And General | 298234 | ManagementAndGeneral |
| Fundraising | 370800 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 205215 | Total |
| Program Services | 190502 | ProgramServices |
| Management And General | 7012 | ManagementAndGeneral |
| Fundraising | 7701 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 780309 | Total |
| Program Services | 594107 | ProgramServices |
| Management And General | 149265 | ManagementAndGeneral |
| Fundraising | 36937 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 500717 | Total |
| Program Services | 384986 | ProgramServices |
| Management And General | 81328 | ManagementAndGeneral |
| Fundraising | 34403 | 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 | 26686 | Total |
| Management And General | 26686 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
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 | 17500 | Total |
| Fundraising | 17500 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 255795 | Total |
| Program Services | 60239 | ProgramServices |
| Management And General | 192556 | ManagementAndGeneral |
| Fundraising | 3000 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 283856 | Total |
| Program Services | 282008 | ProgramServices |
| Management And General | 1848 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35482 | Total |
| Program Services | 35482 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 120959 | Total |
| Program Services | 105739 | ProgramServices |
| Management And General | 13970 | ManagementAndGeneral |
| Fundraising | 1250 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 276348 | Total |
| Program Services | 276348 | ProgramServices |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1484302 | Total |
| Program Services | 1454616 | ProgramServices |
| Management And General | 29686 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 93149 | Total |
| Management And General | 93149 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| UTILITIES | 631968 | 628046 | 3922 | |
| MISCELLANEOUS | 734159 | 409463 | 125618 | 199078 |
| EQUIPMENT RENTAL | 820693 | 737404 | 79098 | 4191 |
| Food service | 1038199 | 1038199 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1237860 | Total |
| Program Services | 1041391 | ProgramServices |
| Management And General | 158926 | ManagementAndGeneral |
| Fundraising | 37543 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22886936 | Total |
| Program Services | 20230440 | ProgramServices |
| Management And General | 1828826 | ManagementAndGeneral |
| Fundraising | 827670 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5328748 | BOY |
| EOY | 1689547 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 251964 | BOY |
| EOY | 286792 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1816896 | BOY |
| EOY | 1931264 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 434439 | BOY |
| EOY | 335247 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1019924 | BOY |
| EOY | 1005171 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24135 | BOY |
| EOY | 24666 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 170590 | BOY |
| EOY | 127173 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 43253127 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 11994970 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26731035 | BOY |
| EOY | 31258157 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14734264 | BOY |
| EOY | 16314890 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 475491 | BOY |
| EOY | 508021 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 79666 | BOY |
| EOY | 149157 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51067152 | BOY |
| EOY | 53630085 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2840043 | BOY |
| EOY | 1577359 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 184241 | BOY |
| EOY | 247926 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4669500 | BOY |
| EOY | 4425000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5300000 | BOY |
| EOY | 5059708 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1333473 | BOY |
| EOY | 1360189 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14327257 | BOY |
| EOY | 12670182 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26612523 | BOY |
| EOY | 27633083 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2772509 | BOY |
| EOY | 5837938 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7354863 | BOY |
| EOY | 7488882 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36739895 | BOY |
| EOY | 40959903 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51067152 | BOY |
| EOY | 53630085 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 3463747 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 756261 | ReconciliationUnrealizedInvest |
| 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
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7723867 | BeginningOfYearBalance |
| Contributions | 343501 | Contributions |
| Investment Earnings Or Losses | 1043225 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 294845 | GrantsOrScholarships |
| End Of Year Balance | 8815748 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7590283 | BeginningOfYearBalance |
| Contributions | 310478 | Contributions |
| Investment Earnings Or Losses | 65301 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 242195 | GrantsOrScholarships |
| End Of Year Balance | 7723867 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6479854 | BeginningOfYearBalance |
| Contributions | 70840 | Contributions |
| Investment Earnings Or Losses | 1293266 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 253677 | GrantsOrScholarships |
| End Of Year Balance | 7590283 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 5738427 | BeginningOfYearBalance |
| Contributions | 130826 | Contributions |
| Investment Earnings Or Losses | 839850 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 229249 | GrantsOrScholarships |
| End Of Year Balance | 6479854 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7062643 | BeginningOfYearBalance |
| Contributions | 167058 | Contributions |
| Investment Earnings Or Losses | -1277634 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 213640 | GrantsOrScholarships |
| End Of Year Balance | 5738427 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.16000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.84000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1684541 | OtherCostOrOtherBasis |
| Book Value | 1684541 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 28700178 | OtherCostOrOtherBasis |
| Depreciation | 8330027 | Depreciation |
| Book Value | 20370151 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 12868408 | OtherCostOrOtherBasis |
| Depreciation | 3664943 | Depreciation |
| Book Value | 9203465 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 31258157 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Student deposits | $144,850 |
| Due to Federal Gov't Perkins loans | $868,529 |
| Asset Retirement Obligation | $346,810 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1360189 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 19676611 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 756258 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 756258 | RevenueNotRptdF990 |
| Revenue Subtotal | 18920353 | RevenueSubtotal |
| Other Revenues Not Included | 7430330 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 7430330 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 26350683 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 15456606 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 15456606 | ExpensesSubtotal |
| Other Expenses Not Included | 7430330 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 7430330 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 22886936 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part XII, Line 4b | Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S | Student Aid $7430330 |
| Part XI, Line 4b | Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S | Student Aid $7430330 |
| Part V, Line 4 | Part V, Line 4: Intended uses of the endowment fund. | The endowment funds are held in perpetuity with the income being used primarily for the purpose of providing scholarships to students. |
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 | ExplanationExplanation |
|---|---|
| Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized | THOMAS COLLEGE PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY ON ALL ADMISSIONS APPLICATIONS, COURSE CATALOGS AND ON-LINE ADMISSIONS MATERIAL. |
| Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency | The organization receives funds from various programs of the United States Department of Education, such as the Federal Perkins Loan Program, the Federal Work Study Program, and the Federal Pell Program. These funds allow the College to help students to finance the cost of their education. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agreement Ref Fundraising | false | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
Name Of Organization NameOfOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CCS | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 27462 | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10087 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | consulting | Activity |
| Fundraiser Control Of Funds | false | FundraiserControlOfFunds |
| Amount Retained By Contractor | 17500 | AmountRetainedByContractor |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | 17500 | TotalRetainedByContractors |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
| Total Nbr Of501 C3 And Govt Grants | 0 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Scholarships and aid | TypeOfGrant |
| Number Of Recipients | 731 | NumberOfRecipients |
| Amount Of Non Cash Assistance | 7430330 | AmountOfNonCashAssistance |
| Method Of Valuation | CASH | MethodOfValuation |
| Description Of Non Cash Assistance | Scholarships | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Grantmaker's Description of How Grants are Used | Identifier |
| Explanation | The College's financial aid office awards scholarships to students based on established federal and College policies. Awards are credited to the students' account at the College as credits to tuition and other fees. | 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 |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | 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 |
| Rebuttable Presumption Procedure | false | RebuttablePresumptionProcedure |
Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg |
|---|---|---|---|
| Thomas Edwards | |||
| VP Acad.Affairs | 130675 | 21640 | 152315 |
| George Spann | |||
| Former President | 264062 | 28776 | 292838 |
| Beth Gibbs | |||
| Treasurer/Sr VP | 139235 | 24310 | 163545 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Sch J, Part I, Line 1a | Identifier |
| Return Reference | Part I, Line 1a: Relevant information in regards to selections on 1a. | ReturnReference |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Bond ReferenceBondReferenceCd | Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer |
|---|---|---|---|---|---|---|---|
| Maine Health & Higher Ed Fac | |||||||
| B | 010314384 | 560427JA5 | 2010-06-24 | 1560000 | Buildings | false | false |
| Maine Health & Higher Ed Fac | |||||||
| A | 010314384 | 560425LU2 | 2003-02-01 | 4620000 | Residence Hall | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|
| B | 1681789 | 178862 | 38067 | 1464860 | false | true | true | true |
| A | 4620000 | 297055 | 62000 | 4260945 | false | false | true | true |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Iss Meet Prvt Security Pay TestBondIssMeetPrvtSecurityPayTest | Change In Use Bond Financed PropChangeInUseBondFinancedProp | Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs |
|---|---|---|---|---|---|---|---|
| B | false | false | false | false | false | false | true |
| A | false | false | false | false | false | false | true |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiled | Rebate Not Due YetRebateNotDueYet | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Written Proc To Monitor ReqsWrittenProcToMonitorReqs |
|---|---|---|---|---|---|---|
| B | false | true | false | false | false | false |
| A | true | false | false | false | false |
Form990 Schedule K Part V Form990ScheduleKPartV (2 entries)
| Bond ReferenceBondReferenceCd | Proc To Undertk Corrective ActionProcToUndertkCorrectiveAction |
|---|---|
| B | false |
| A | false |
Form990 Schedule K Part VI Form990ScheduleKPartVI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Supplemental Information | Identifier |
| Return Reference | Part VI | ReturnReference |
| Explanation | Schedule K Part II - The amount on Schedule K Part I represents the par value of the College's portion of each bond issue. The issue price on Form 8038 Part III line 21(b) includes proceeds for other institutions as well.Schedule K Part V - The College did not have written procedures. The College will develop formal written procedures to ensure violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations. | Explanation |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 735898 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | market | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part I, Line 32, Hire and Use of Third Parties | Identifier |
| Explanation | The College uses a broker to sell publicly traded securities. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990, Part VI, Line 19 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | THOMAS C0LLEGE PROVIDES POLICIES AND FINANCIAL STATEMENTS UPON REQUEST. |
| Form 990, Part VI, Line 15b | Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | THE BOARD OF TRUSTEES USES COLLEGE AND UNIVERSITY SURVEY DATA AS WELL AS A REVIEW OF PERFORMANCE WHEN THEY VOTE ON COMPENSATION FOR THE PRESIDENT. THE PRESIDENT USES COMPARATIVE DATA AS WELL AS A REVIEW OF PERFORMANCE IN DETERMINING COMPENSATION FOR OTHER OFFICERS OR KEY EMPLOYEES. |
| Form 990, Part VI, Line 15a | Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management | The board of trustees uses college and university survey data as well as a review of performance when they vote on compensation for the president. The president uses comparative data as well as a review of performance in determining compensation for other officers or key employees. |
| Form 990, Part VI, Line 12c | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | EACH BOARD OF TRUSTEE MEMBER IS PROVIDED WITH THE ORGANIZATION'S WRITTEN CONFLICT OF INTEREST POLICY. TRUSTEE MEMBERS ARE ASKED TO DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. SHOULD A MATTER ARISE IN WHICH A TRUSTEE HAS A CONFLICT, HE/SHE WILL RECUSE THEMSELVES FROM VOTING. |
| Form 990, Part VI, Line 11b | Form 990, Part VI, Line 11b: Form 990 Review Process | The 990 is prepared by the outside accounting firm and reviewed by management. The Finance Committee approves the 990. A copy is provided to each board member at the February meeting for review, prior to its filing. |
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