ALBION COLLEGE: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- ALBION COLLEGE (EIN 38-1359081)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-15
- IRS object ID
- 201441359349303219
- Schema version
- 2012v2.1
- 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 F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-15T09:30:21-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 381357951 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PLANTE & MORAN PLLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 750 TRADE CENTRE WAY STE 300 | AddressLine1 |
| City | PORTAGE | City |
| State | MI | State |
| ZIP Code | 49002 | 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 | 381359081 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALBION COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ALBI | NameControl |
| Phone | 5176290289 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 611 EAST PORTER STREET | AddressLine1 |
| City | ALBION | City |
| State | MI | State |
| ZIP Code | 49224 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MICHAEL L FRANDSEN | Name |
| Title | INTERIM PRESIDENT | Title |
| Phone | 5176290289 | Phone |
| Date Signed | 2014-05-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | VICKI L VANDENBERG CPA | Name |
| PTIN | P00100422 | PTIN |
| Phone | 2695674500 | 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 | MICHAEL L FRANDSEN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 611 EAST PORTER STREET | AddressLine1 |
| City | ALBION | City |
| State | MI | State |
| ZIP Code | 49224 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 80878922 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.ALBION.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1835 | YearFormation |
| State Legal Domicile | MI | StateLegalDomicile |
| Activity Or Mission Description | ALBION COLLEGE IS AN UNDERGRADUATE, LIBERAL ARTS INSTITUTION COMMITTED TO ACADEMIC EXCELLENCE. WE ARE LEARNING-CENTERED AND RECOGNIZE THAT VALUABLE LEARNING TAKES PLACE IN AND OUTSIDE OF THE CLASSROOM, ON AND OFF THE CAMPUS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 26 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 25 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1452 | TotalNbrEmployees |
| Total Nbr Volunteers | 15 | TotalNbrVolunteers |
| Total Gross UBI | -160593 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -160593 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 6748886 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 5969161 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 59446771 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 56998355 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 8524732 | InvestmentIncomePriorYear |
| Investment Income Current Year | 3815854 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 764477 | OtherRevenuePriorYear |
| Other Revenue Current Year | 481652 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 75484866 | TotalRevenuePriorYear |
| Total Revenue Current Year | 67265022 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 25310907 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 24127822 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 25887640 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 26876677 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 69000 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 40413 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 3886102 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 24451368 | OtherExpensePriorYear |
| Other Expenses Current Year | 25101910 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 75718915 | TotalExpensesPriorYear |
| Total Expenses Current Year | 76146822 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -234049 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -8881800 | RevenuesLessExpensesCY |
| Total Assets BOY | 293858225 | TotalAssetsBOY |
| Total Assets EOY | 303428008 | TotalAssetsEOY |
| Total Liabilities BOY | 81917119 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 79989621 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 211941106 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 223438387 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | ALBION COLLEGE IS AN UNDERGRADUATE, LIBERAL ARTS INSTITUTION COMMITTED TO ACADEMIC EXCELLENCE. WE ARE LEARNING-CENTERED AND RECOGNIZE THAT VALUABLE LEARNING TAKES PLACE IN AND OUTSIDE OF THE CLASSROOM, ON AND OFF THE CAMPUS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 58193347 | Expense |
| Grants | 24127822 | Grants |
| Revenue | 46496093 | Revenue |
| Description | INSTRUCTIONAL - ALBION COLLEGE IS A PRIVATE, SELECTIVE, COEDUCATIONAL, RESIDENTIAL INSTITUTION OF HIGHER EDUCATION AFFILIATED WITH THE UNITED METHODIST CHURCH, BUT NON-SECTARIAN IN PRACTICE. THE COLLEGE PRINCIPALLY OFFERS ACADEMIC COURSES AND PROGRAMS LEADING TO A BACHELORS DEGREE IN LIBERAL ARTS. APPROXIMATELY 1,400 STUDENTS ARE ENROLLED IN THE COLLEGE. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3357300 | Expense |
| Revenue | 3994547 | Revenue |
| Description | AUXILIARY - DINING SERVICES - ALBION COLLEGE IS A RESIDENTIAL INSTITUTION AND THE PRIMARY FUNCTION OF THE DINING AND HOSPITALITY SERVICES, MANAGED BY BON APPETIT MANAGEMENT COMPANY, IS TO PROVIDE FOOD FOR OUR STUDENTS, FACULTY, STAFF, AND GUESTS. WE STRIVE TO PROVIDE A WIDE SELECTION OF HIGH QUALITY PRODUCTS AND SERVICES THROUGH A VARIETY OF EXPERIENCES. THESE EXPERIENCES REFLECT OUR COMMITMENT TO BEING RESPONSIVE TO THE CHANGING NEEDS AND DESIRES OF OUR DIVERSE AUDIENCE. OPERATIONS INCLUDE AN ALL-YOU-CAN-EAT DINING HALL, QUICK-SERVE RESTAURANT, A COFFEE SHOP, LODGING, CATERING SERVICES, FACULTY/STAFF LUNCH BUFFET AND CONFERENCE AND EVENT SERVICES. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3032849 | Expense |
| Revenue | 6507715 | Revenue |
| Description | AUXILIARY - RESIDENCE HALLS - ALBION COLLEGE IS A COLLEGE COMMUNITY INSTITUTION THAT EMPHASISES COMMUNITY THROUGH EDUCATION IN AND OUT OF THE CLASSROOM. ALBION COLLEGE STRIVES TO PROVIDE OUR STUDENTS WITH QUALITY HOUSING THAT ENHANCES A STUDENT'S LEARNING EXPERIENCE. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | VARIOUS OTHER PROGRAM SERVICES RELATING TO THE ORGANIZATION'S MISSION. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 64583496 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 1 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 1 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 1 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 191 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1452 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 26 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 25 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL FRANDSEN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5176290289 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 611 EAST PORTER STREET | AddressLine1 |
| City | ALBION | City |
| State | MI | State |
| ZIP Code | 49224 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (30 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| PAUL D TOBIAS | ||||||||
| CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 | ||
| DONNA M RANDALL | ||||||||
| PRESIDENT | 40.00 | X | X | 220126 | 0 | 69151 | ||
| ANNE H HUNTER | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| BILL SCHUETTE | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| CAROL A LEISENRING | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| CASEY C HOFFMAN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| DAVID K JOHNSON | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| DEBORAH L KIESEY | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| DIANE S CARR | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| GEORGE S CHAVEL | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| J DONALD SHEETS | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| JEFFREY A OTT | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| JEFFREY C PETHERICK | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| JEFFREY D WEEDMAN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| JOSEPH S CALVARUSO | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| LAWRENCE B SCHOOK | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MARK E NEWELL | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MICHAEL J HARRINGTON | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| ROBERT B HETLER | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| ROBERT D MUSSER III | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| RYAN E AREY | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| SAMUEL J SHAHEEN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| STEPHEN I GREENHALGH | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| STEVEN MG CHARNLEY | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| THOMAS L LUDINGTON | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| WILLIAM A RITTER | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MICHAEL L FRANDSEN | ||||||||
| VP FOR FINANCE & MANAGEMENT | 45.00 | 153811 | 0 | 32834 | X | |||
| JOSHUA D MERCHANT | ||||||||
| VP INSTITUTIONAL ADVANCEMENT | 45.00 | 174601 | 0 | 17975 | X | |||
| SUSAN P CONNER | ||||||||
| VP FOR FACULTY & PROVOST | 45.00 | 142701 | 0 | 27455 | X | |||
| SALLY J WALKER | ||||||||
| VP FOR STUDENT AFFAIRS | 45.00 | 133351 | 0 | 25752 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 824590 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 173167 | TotalOtherCompensation |
| Number Individuals GT100 K | 5 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| BON APPETIT MANAGEMENT CO | |||||
| 100 HAMILTON AVENUE SUITE 300 | PALO ALTO | CA | 94301 | FOOD SERVICES | 2957429 |
| AMERICAN BUILDING MAINTENANCE | |||||
| 900 WILSHIRE | TROY | MI | 48084 | CUSTODIAL SERVICES | 769385 |
| ROYALL & COMPANY | |||||
| 1920 EAST PARHAM ROAD | RICHMOND | VA | 23228 | STUDENT RECRUITMENT SERVICES | 379250 |
| MACLACHLAN CORNELIUS AND FILONI PC | |||||
| 200 THE BANK TOWER | PITTSBURGH | PA | 15222 | ARCHITECTURAL SERVICES | 347315 |
| ALBION ELECTRIC | |||||
| 16913 E MICHIGAN AVE | ALBION | MI | 49224 | ELECTRICIAN | 257430 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 28 | NumberOfContractorsGT100K |
| Fundraising Events | 387807 | FundraisingEvents |
| Government Grants | 546059 | GovernmentGrants |
| All Other Contributions | 5035295 | AllOtherContributions |
| Noncash Contributions | 406620 | NoncashContributions |
| Total Contributions | 5969161 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 611600 | 46153066 | 46153066 |
| RESIDENT/DINING AUX. | 611600 | 10845289 | 10845289 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 56998355 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2094074 | TotalRevenueColumn |
| Unrelated Business Revenue | -160593 | UnrelatedBusinessRevenue |
| Exclusion | $2,254,667 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 107999 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 107999 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 107999 | TotalRevenueColumn |
| Exclusion | $107,999 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 15312962 | Securities |
| Other | 7608 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 13354260 | Securities |
| Other | 244530 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1958702 | Securities |
| Other | -236922 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1721780 | TotalRevenueColumn |
| Exclusion | $1,721,780 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 8263 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 387807 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 11126 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -2863 | TotalRevenueColumn |
| Exclusion | -$2,863 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Gaming | 46364 | GrossIncomeGaming |
| Gaming Direct Expenses | 3984 | GamingDirectExpenses |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 42380 | TotalRevenueColumn |
| Exclusion | $42,380 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS REVENUE | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 334136 | TotalRevenueColumn |
| Exclusion | $334,136 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 334136 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 67265022 | TotalRevenueColumn |
| Related Or Exempt Function Income | 56998355 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -160593 | UnrelatedBusinessRevenue |
| Exclusion | $4,458,099 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | X | InfoInScheduleOPartIX |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 80000 | Total |
| Program Services | 80000 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23822719 | Total |
| Program Services | 23822719 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 225103 | Total |
| Program Services | 225103 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 754021 | Total |
| Management And General | 539087 | ManagementAndGeneral |
| Fundraising | 214934 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19643374 | Total |
| Program Services | 15711546 | ProgramServices |
| Management And General | 2434897 | ManagementAndGeneral |
| Fundraising | 1496931 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1686505 | Total |
| Program Services | 1399554 | ProgramServices |
| Management And General | 155228 | ManagementAndGeneral |
| Fundraising | 131723 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3264663 | Total |
| Program Services | 2624649 | ProgramServices |
| Management And General | 369364 | ManagementAndGeneral |
| Fundraising | 270650 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1528114 | Total |
| Program Services | 1209280 | ProgramServices |
| Management And General | 188685 | ManagementAndGeneral |
| Fundraising | 130149 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 427026 | Total |
| Program Services | 21467 | ProgramServices |
| Management And General | 404795 | ManagementAndGeneral |
| Fundraising | 764 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 83700 | Total |
| Management And General | 83700 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 40413 | Total |
| Fundraising | 40413 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1274128 | Total |
| Program Services | 887111 | ProgramServices |
| Management And General | 368876 | ManagementAndGeneral |
| Fundraising | 18141 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8333310 | Total |
| Program Services | 6743001 | ProgramServices |
| Management And General | 915375 | ManagementAndGeneral |
| Fundraising | 674934 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 125558 | Total |
| Program Services | 3430 | ProgramServices |
| Management And General | 19735 | ManagementAndGeneral |
| Fundraising | 102393 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2494032 | Total |
| Program Services | 1981687 | ProgramServices |
| Management And General | 280625 | ManagementAndGeneral |
| Fundraising | 231720 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3351825 | Total |
| Program Services | 2933846 | ProgramServices |
| Management And General | 310631 | ManagementAndGeneral |
| Fundraising | 107348 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1270759 | Total |
| Program Services | 1070475 | ProgramServices |
| Management And General | 91026 | ManagementAndGeneral |
| Fundraising | 109258 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 252924 | Total |
| Program Services | 77733 | ProgramServices |
| Management And General | 171900 | ManagementAndGeneral |
| Fundraising | 3291 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1172548 | Total |
| Program Services | 1013980 | ProgramServices |
| Management And General | 107472 | ManagementAndGeneral |
| Fundraising | 51096 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5110616 | Total |
| Program Services | 4330141 | ProgramServices |
| Management And General | 620753 | ManagementAndGeneral |
| Fundraising | 159722 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 632035 | Total |
| Program Services | 316018 | ProgramServices |
| Management And General | 284415 | ManagementAndGeneral |
| Fundraising | 31602 | Fundraising |
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | FOOD COSTS | Description |
| Total | 122547 | Total |
| Program Services | 100430 | ProgramServices |
| Management And General | 20190 | ManagementAndGeneral |
| Fundraising | 1927 | Fundraising |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 450902 | Total |
| Program Services | 31326 | ProgramServices |
| Management And General | 310470 | ManagementAndGeneral |
| Fundraising | 109106 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 76146822 | Total |
| Program Services | 64583496 | ProgramServices |
| Management And General | 7677224 | ManagementAndGeneral |
| Fundraising | 3886102 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5651255 | BOY |
| EOY | 4584944 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4128070 | BOY |
| EOY | 3129722 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2304850 | BOY |
| EOY | 2414171 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3836761 | BOY |
| EOY | 3946309 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 117932 | BOY |
| EOY | 113206 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 964907 | BOY |
| EOY | 974405 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 180946664 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 89080705 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 93442096 | BOY |
| EOY | 91865959 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 74446108 | BOY |
| EOY | 49251964 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 104494813 | BOY |
| EOY | 138871779 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 3166061 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4471433 | BOY |
| EOY | 5109488 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 293858225 | BOY |
| EOY | 303428008 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17576178 | BOY |
| EOY | 15310666 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 180163 | BOY |
| EOY | 162416 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60770000 | BOY |
| EOY | 59375000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 380000 | BOY |
| EOY | 412447 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 1977176 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3010778 | BOY |
| EOY | 2751916 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 81917119 | BOY |
| EOY | 79989621 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 74192857 | BOY |
| EOY | 74763459 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 65941465 | BOY |
| EOY | 75341769 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 71806784 | BOY |
| EOY | 73333159 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 211941106 | BOY |
| EOY | 223438387 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 293858225 | BOY |
| EOY | 303428008 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -8881800 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 16590196 | ReconciliationUnrealizedInvest |
| Reconcilation Prior Adjustment | 113 | ReconcilationPriorAdjustment |
| Reconcilation Other Changes | 3788772 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | 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) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 166697848 | BeginningOfYearBalance |
| Contributions | 940844 | Contributions |
| Investment Earnings Or Losses | 19816327 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 3816358 | GrantsOrScholarships |
| Other Expenditures | 7967748 | OtherExpenditures |
| Administrative Expenses | 539000 | AdministrativeExpenses |
| End Of Year Balance | 175131823 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 173225293 | BeginningOfYearBalance |
| Contributions | 10169421 | Contributions |
| Investment Earnings Or Losses | -8168957 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 3802378 | GrantsOrScholarships |
| Other Expenditures | 4294531 | OtherExpenditures |
| Administrative Expenses | 431000 | AdministrativeExpenses |
| End Of Year Balance | 166697848 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 143511577 | BeginningOfYearBalance |
| Contributions | 6310362 | Contributions |
| Investment Earnings Or Losses | 30918290 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 3360143 | GrantsOrScholarships |
| Other Expenditures | 3713793 | OtherExpenditures |
| Administrative Expenses | 441000 | AdministrativeExpenses |
| End Of Year Balance | 173225293 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 132545362 | BeginningOfYearBalance |
| Contributions | 6051070 | Contributions |
| Investment Earnings Or Losses | 11865766 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 2654203 | GrantsOrScholarships |
| Other Expenditures | 3852418 | OtherExpenditures |
| Administrative Expenses | 444000 | AdministrativeExpenses |
| End Of Year Balance | 143511577 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 180735148 | BeginningOfYearBalance |
| Contributions | 2549855 | Contributions |
| Investment Earnings Or Losses | -45524790 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 4037514 | GrantsOrScholarships |
| Other Expenditures | 5036375 | OtherExpenditures |
| Administrative Expenses | 461151 | AdministrativeExpenses |
| End Of Year Balance | 128225173 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.17770 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.40360 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.41870 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2738162 | OtherCostOrOtherBasis |
| Book Value | 2738162 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 128009228 | OtherCostOrOtherBasis |
| Depreciation | 61979104 | Depreciation |
| Book Value | 66030124 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 22142360 | OtherCostOrOtherBasis |
| Depreciation | 6858070 | Depreciation |
| Book Value | 15284290 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 28056914 | OtherCostOrOtherBasis |
| Depreciation | 20243531 | Depreciation |
| Book Value | 7813383 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 91865959 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| MULTI-STRATEGY EQUITY FUND | 81188750 | F |
| MULTI-STRATEGY BOND FUND | 24099800 | F |
| PARTNERSHIPS | 33583229 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 138871779 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| REFUNDABLE PERKINS LOAN PROGRAM | $2,071,969 |
| REFUNDABLE STUDENT DEPOSITS | $679,947 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2751916 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 59224388 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 16590196 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 60425 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 76726 | OtherRevenues |
| Revenue Not Rptd F990 | 16727347 | RevenueNotRptdF990 |
| Revenue Subtotal | 42497041 | RevenueSubtotal |
| Investment Expenses Not Included | 539000 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 24228981 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 24767981 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 67265022 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 51764655 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 60425 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 224230 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 284655 | ExpensesNotRptdF990 |
| Expenses Subtotal | 51480000 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 539000 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 24127822 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 24666822 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 76146822 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 1A: | THE COLLEGE DOES NOT RECOGNIZE OR CAPITALIZE THE COLLECTIONS OF RARE BOOKS, ORIGINAL PAINTINGS, VALUABLE PRINTS, AND OTHER ORIGINAL WORKS OF ART THAT HAVE BEEN RECEIVED AS DONATIONS OVER THE YEARS. COLLECTIONS ARE HELD FOR PUBLIC EXHIBITION, ARE PROTECTED, CARED FOR, AND PRESERVED AND ARE SUBJECT TO POLICY THAT REQUIRES PROCEEDS FROM SALE OF ITEMS TO ACQUIRE OTHER ITEMS FOR THE COLLECTIONS. | |
| PART III, LINE 4: | ART COLLECTION - A MISSION OF THE DEPARTMENT IS TO EXPOSE OUR STUDENTS AND THE COMMUNITY TO FINE ARTS OF THE PAST AND PRESENT. TO THIS END, WE TEACH CLASSES AND CREATE EXHIBITIONS, DRAWING UPON OUR COLLECTION AND OF OUR CONTEMPORARIES. OUR TWO GALLERIES ARE THE VENUE FOR TWELVE EXHIBITIONS PER ACADEMIC YEAR WHICH ARE OPEN TO THE COLLEGE AND THE GENERAL PUBLIC. LIBRARY COLLECTION - THE LIBRARY COLLECTIONS HAVE THEIR ROOTS IN THE HISTORY OF ALBION COLLEGE. THEY FORM A VALUABLE ACADEMIC RESOURCE THAT SUPPORT OUR CENTRAL LIBERAL ARTS MISSION. THE COLLECTIONS ARE OPEN TO STUDENTS FOR STUDY AND RESEARCH AND PROVIDE A UNIQUE EXPERIENCE IN UNDERSTANDING LITERATURE, HISTORY AND THE HISTORY OF SCIENCE AND NATURAL HISTORY. | |
| PART V, LINE 4: | ENDOWMENTS SUPPORT THE EDUCATIONAL PURPOSES OF THE COLLEGE. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| PART X, LINE 2: | THE COLLEGE IS RECOGNIZED AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"), WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 512(A)(1) OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAX. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE COLLEGE AND RECOGNIZE A TAX LIABILITY IF THE COLLEGE HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE COLLEGE AND HAS CONCLUDED THAT AS OF JUNE 30, 2013 AND 2012, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIBILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE COLLEGE IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR FISCAL YEARS PRIOR TO 2010. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| RELATED ORGANIZATION REVENUE 61,616. FUNDRAISING EXPENSE 11,126. GAMING EXPENSE 3,984. | PART XI, LINE 2D - OTHER ADJUSTMENTS: | |
| SCHOLARSHIP ALLOWANCES AND DISCOUNTS 24,047,822. PENSION ADJUSTMENT 181,159. | PART XI, LINE 4B - OTHER ADJUSTMENTS: | |
| RELATED ORGANIZATION EXPENSE 209,120. FUNDRAISING EXPENSE 11,126. GAMING EXPENSE 3,984. | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| SCHOLARSHIP ALLOWANCES AND DISCOUNTS 24,047,822. GRANT TO COLCHESTER PROPERTIES 80,000. | PART XII, LINE 4B - OTHER ADJUSTMENTS: |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | ALL PAMPHLETS, BROCHURES AND RECRUITING MATERIALS CONTAIN THE FOLLOWING LANGUAGE, "ALBION COLLEGE IS COMMITTED TO A POLICY OF EQUAL OPPORTUNITY AND NON-DISCRIMINATION ON THE BASIS OF SEXUAL ORIENTATION AND OF RACE, COLOR, NATURAL ORIGIN, RELIGION, SEX, AGE OR DISABILITY, AS PROTECTED BY LAW, IN ALL EDUCATIONAL PROGRAMS AND ACTIVITIES, ADMISSION OF STUDENTS AND CONDITIONS OF EMPLOYMENT." |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | TITLE IV AID FROM THE FEDERAL DEPARTMENT OF EDUCATION (SEOG, PELL, PERKINS LOANS, AND DIRECT LENDING LOANS) AND MICHIGAN GIFT AND MICHIGAN PROMISE FROM THE STATE OF MICHIGAN. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 1 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | EUROPE (INCLUDING ICELAND & GREENLAND) | Region |
| Number Of Offices | 0 | NumberOfOffices |
| Number Of Employees | 0 | NumberOfEmployees |
| Type Of Activities Conducted | PROGRAM SERVICES | TypeOfActivitiesConducted |
| Specific Services Provided | INSTRUCTIONAL | SpecificServicesProvided |
| Total Expenditures | 225103 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 225103 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 225103 | TotalAmountSpent |
Grants To Orgs Outside US GrantsToOrgsOutsideUS (8 entries)
| RegionRegion | Purpose Of GrantPurposeOfGrant | Amount Of Cash GrantAmountOfCashGrant | Manner Of Cash DisbursementMannerOfCashDisbursement | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance | Method Of ValuationMethodOfValuation |
|---|---|---|---|---|---|
| EUROPE (INCLUDING ICELAND & GREENLAND) - | DIRECT ENROLLMENT IN OFF-CAMPUS PROGRAM | 48435 | WIRE TRANSFER | N/A | N/A |
| EUROPE (INCLUDING ICELAND & GREENLAND) - | DIRECT ENROLLMENT IN OFF-CAMPUS PROGRAM | 34622 | WIRE TRANSFER | N/A | N/A |
| EUROPE (INCLUDING ICELAND & GREENLAND) - | DIRECT ENROLLMENT IN OFF-CAMPUS PROGRAM | 7560 | WIRE TRANSFER | N/A | N/A |
| EUROPE (INCLUDING ICELAND & GREENLAND) - | STUDENT OVERSEAS EDUCATION | 76766 | WIRE TRANSFER | N/A | N/A |
| EUROPE (INCLUDING ICELAND & GREENLAND) - | DIRECT ENROLLMENT IN OFF-CAMPUS PROGRAM | 9452 | WIRE TRANSFER | N/A | N/A |
| EUROPE (INCLUDING ICELAND & GREENLAND) - | DIRECT ENROLLMENT IN OFF-CAMPUS PROGRAM | 10463 | WIRE TRANSFER | N/A | N/A |
| EUROPE (INCLUDING ICELAND & GREENLAND) - | DIRECT ENROLLMENT IN OFF-CAMPUS PROGRAM | 32300 | WIRE TRANSFER | N/A | N/A |
| EUROPE (INCLUDING ICELAND & GREENLAND) - | DIRECT ENROLLMENT IN OFF-CAMPUS PROGRAM | 5505 | WIRE TRANSFER | N/A | N/A |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of501c3 Orgs | 8 | TotalNumberOf501c3Orgs |
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: | Identifier |
| Explanation | SCHEDULE F, PART I, LINE 2: GRANT FUNDS ARE NOT USED OUTSIDE THE UNITED STATES WITH THE POSSIBLE EXCEPTION OF TRAVEL COSTS INCURRED BY RESEARCHERS COLLABORATING WITH PEERS IN FOREIGN COUNTRIES. | Explanation |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation (2 entries)
| Name Of IndividualNameOfIndividual | Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | ActivityActivity | Fundraiser Control Of FundsFundraiserControlOfFunds | Gross ReceiptsGrossReceipts | Amount Retained By ContractorAmountRetainedByContractor | Net To OrganizationNetToOrganization |
|---|---|---|---|---|---|---|---|---|---|
| (no name) | |||||||||
| RUFFALO CODY | PO BOX 3018 | CEDAR RAPIDS | IA | 524063018 | PHONATHON | 0 | 361710 | 35880 | 325830 |
| ESPONSORNOW | |||||||||
| PO BOX 1257 | VACAVILLE | CA | 95696 | FOOTBALL FUNDRAISER | 1 | 15110 | 4533 | 10577 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 376820 | TotalGrossReceipts |
| Total Retained By Contractors | 40413 | TotalRetainedByContractors |
| Total Net To Organization | 336407 | TotalNetToOrganization |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | PHONATHON | NameOfEvent1 |
| Gross Receipts Event1 | 361710 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 361710 | CharitableContributionsEvent1 |
| Name Of Event2 | BRITON GOLF CLASSIC | NameOfEvent2 |
| Gross Receipts Event2 | 19250 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 15520 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 3730 | GrossRevenueEvent2 |
| Non Cash Prizes Event2 | 1464 | NonCashPrizesEvent2 |
| Rent Facility Costs Event2 | 5363 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 1600 | FoodAndBeverageEvent2 |
| Other Direct Expenses Event2 | 2699 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 15110 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 10577 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 4533 | GrossRevenueOtherEvents |
| Gross Receipts Total | 396070 | GrossReceiptsTotal |
| Charitable Contributions Total | 387807 | CharitableContributionsTotal |
| Gross Revenue Total Events | 8263 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 1464 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 5363 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 1600 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 2699 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 11126 | DirectExpenseSummaryEvents |
| Net Income Summary | -2863 | NetIncomeSummary |
Gaming Information GamingInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Revenue Other Gaming | 46364 | GrossRevenueOtherGaming |
| Non Cash Prizes Other Gaming | 3500 | NonCashPrizesOtherGaming |
| Other Direct Expenses Other Gaming | 484 | OtherDirectExpensesOtherGaming |
| Volunteer Labor Other Gaming | 0 | VolunteerLaborOtherGaming |
| Gross Revenue Total Gaming | 46364 | GrossRevenueTotalGaming |
| Non Cash Prizes Total Gaming | 3500 | NonCashPrizesTotalGaming |
| Other Direct Expenses Total Gaming | 484 | OtherDirectExpensesTotalGaming |
| Direct Expense Summary Gaming | 3984 | DirectExpenseSummaryGaming |
| Net Gaming Income Summary | 42380 | NetGamingIncomeSummary |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | MI | StatesWhereGamingConducted |
| Licensed | 1 | Licensed |
| License Suspended Etc | 0 | LicenseSuspendedEtc |
| Gaming With Nonmembers | 0 | GamingWithNonmembers |
| Member Of Other Entity | 0 | MemberOfOtherEntity |
| Percentage Of Gaming Own Facility | 1.00000 | PercentageOfGamingOwnFacility |
| Percentage Of Gaming Othr Facility | 0.00000 | PercentageOfGamingOthrFacility |
| Name Of Gaming Rec Keeper Person | MELISSA WALTON | NameOfGamingRecKeeperPerson |
Address Of Gaming Rec Keeper US AddressOfGamingRecKeeperUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 415 S HANNAH | AddressLine1 |
| City | ALBION | City |
| State | MI | State |
| ZIP Code | 48801 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contract With3rd Party For Gam Rev | 0 | ContractWith3rdPartyForGamRev |
| Gaming Manager Name Person | MELISSA WALTON | GamingManagerNamePerson |
| Gaming Manager Compensation | 0 | GamingManagerCompensation |
| Gaming Manager Services Provided | MELISSA WALTON IS THE ASSOCIATE ATHLETIC DIRECTOR FOR THE COLLEGE AND DOES NOT RECEIVE ANY COMPENSATION FOR RUNNING THE RAFFLE. | GamingManagerServicesProvided |
| Gaming Manager Is Employee | X | GamingManagerIsEmployee |
| Charitable Distrib Required | 0 | CharitableDistribRequired |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLCHESTER PROPERTIES | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 611 EAST PORTER STREET | AddressLine1 |
| City | ALBION | City |
| State | MI | State |
| ZIP Code | 49224 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 382025320 | EINOfRecipient |
| IRC Section | 501C(3) | IRCSection |
| Amount Of Cash Grant | 80000 | AmountOfCashGrant |
| Method Of Valuation | CASH | MethodOfValuation |
| Purpose Of Grant | PROGRAM SUPPORT | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS | TypeOfGrant |
| Number Of Recipients | 1358 | NumberOfRecipients |
| Amount Of Cash Grant | 23822719 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: GRANTS ARE PROCURED BY FACULTY WITH THE ASSISTANCE OF THE COLLEGE'S GRANT MANAGER. MONITORING IS DONE BY GRANTEE, GRANT MANAGER AND SENIOR ACCOUNTANT FOR COMPLIANCE. ACTIVITY IS AUDITED AND REPORTED ANNUALLY IN TEH COLLEGE'S FINANCIAL STATEMENTS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (5 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DONNA M RANDALL | ||||||||||||||
| PRESIDENT | 213407 | 0 | 0 | 0 | 6719 | 0 | 44014 | 0 | 25137 | 0 | 289277 | 0 | 0 | 0 |
| MICHAEL L FRANDSEN | ||||||||||||||
| VP FOR FINANCE & MANAGEMENT | 153046 | 0 | 0 | 0 | 765 | 0 | 25213 | 0 | 7621 | 0 | 186645 | 0 | 0 | 0 |
| JOSHUA D MERCHANT | ||||||||||||||
| VP INSTITUTIONAL ADVANCEMENT | 174300 | 0 | 0 | 0 | 301 | 0 | 17975 | 0 | 0 | 0 | 192576 | 0 | 0 | 0 |
| SUSAN P CONNER | ||||||||||||||
| VP FOR FACULTY & PROVOST | 138586 | 0 | 0 | 0 | 4115 | 0 | 19834 | 0 | 7621 | 0 | 170156 | 0 | 0 | 0 |
| SALLY J WALKER | ||||||||||||||
| VP FOR STUDENT AFFAIRS | 131310 | 0 | 0 | 0 | 2041 | 0 | 18131 | 0 | 7621 | 0 | 159103 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | THE PRESIDENT IS REQUIRED TO LIVE ON CAMPUS AND THEREFORE RECEIVES HOUSING. PRESIDENT RECEIVES HOUSEKEEPING BECAUSE OF ENTERTAINING DONE ON PREMISES. THIS COMPENSATION IS NOT REPORTED AS TAXABLE COMPENSATION FOR THE PRESIDENT. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHIGAN HIGHER EDUCATION FACILITIES AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Date Issued | 2006-11-01 | DateIssued |
| Issue Price | 63385000 | IssuePrice |
| Description Of Purpose | SCIENCE CENTER RENOVATION, REFINANCE OF 2004 BONDS AND OTHER | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Amount Retired | 4010000 | AmountRetired |
| Total Proceeds | 63385000 | TotalProceeds |
| Amount In Reserve Fund | 22437251 | AmountInReserveFund |
| Refunding Escrow | 40546103 | RefundingEscrow |
| Issuance Costs From Proceeds | 401646 | IssuanceCostsFromProceeds |
| Capital Expenditures | 22035605 | CapitalExpenditures |
| Year Of Subst Completion | 2008 | YearOfSubstCompletion |
| Current Refunding | 1 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Iss Meet Prvt Security Pay Test | 0 | BondIssMeetPrvtSecurityPayTest |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedProp |
| Non Qualified Bond Remed Procdrs | 0 | NonQualifiedBondRemedProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiled |
| Rebate Not Due Yet | 0 | RebateNotDueYet |
| Exception To Rebate | 0 | ExceptionToRebate |
| No Rebate Due | 0 | NoRebateDue |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 1 | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JPMORGAN CHASE | BusinessNameLine1 |
| Business Name Line2 | BANK NA | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 20.000000000000 | TermOfHedge |
| Superintegrated Hedge | 0 | SuperintegratedHedge |
| Hedge Terminated | 0 | HedgeTerminated |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqs |
Schedule M IRS990ScheduleM
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 5831 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | DONOR ESTIMATES | MethodOfDeterminingRevenues |
Boats And Planes BoatsAndPlanes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 300 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | DONORS ESTIMATE | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 31 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 206674 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | NYSE | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (5 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | HORSE | 8 | 123650 | PROFESSIONAL APPRAISAL |
| X | EQUESTRIAN EQUIPMENT | 4 | 7875 | ESTIMATED FMV |
| X | FUNDRAISING | 1 | 60395 | DONOR COST |
| X | MISC EQUIPMENT | 2 | 650 | DONOR COST |
| X | CAMPUS EVENTS | 9 | 1245 | DONOR COST |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 3 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | THIRD PARTY USE: | Identifier |
| Return Reference | PART I, LINE 32B: | ReturnReference |
| Explanation | THE ORGANIZATION SEEKS PROFESSIONAL ASSISTANCE, AS NEEDED, TO SELL NON-CASH CONTRIBUTIONS. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | J. DONALD SHEETS, JOSEPH CALVARUSO, WILLIAM STOFFER, AND SAMUEL SHAHEEN HAVE A BUSINESS RELATIONSHIP. | |
| FORM 990, PART VI, SECTION B, LINE 11 | MEMBERS OF THE BUSINESS OFFICE PROCESS AND FORWARD THE 990 PREPARATION INFORMATION TO AN ELECTRONIC PREPARER AND THE DRAFT FORM 990 IS SENT TO ALL MEMBERS OF THE BOARD OF TRUSTEES AND ALL COLLEGE OFFICERS. THE FORM 990 REVIEW COMMITTEE, COMPRISED OF THE AUDIT AND COMPLIANCE COMMITTEE AND OTHER BOARD MEMBERS AS APPROPRIATE, CONDUCT A RIGOROUS REVIEW OF THE FORM 990. OTHER BOARD MEMBERS MAY SUBMIT REVIEW STATEMENTS TO THE FORM 990 REVIEW COMMITTEE. THIS COMMITTEE REPORTS CHANGES AND CLARIFICATIONS TO THE BUSINESS OFFICE AS NECESSARY. PRIOR TO SUBMISSION OF THE FORM 990 TO THE IRS, ALL MEMBERS OF THE BOARD OF TRUSTEES AND ALL COLLEGE OFFICERS RECEIVE A COPY OF THE FINAL VERSION OF THE FORM 990. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST DOCUMENT IS APPROVED BY THE AUDIT AND COMPLIANCE SUBCOMMITTEE ANNUALLY. THE APPROVED DOCUMENT IS THEN DISTRIBUTED TO BOARD MEMBERS, FACULTY, AND STAFF, AND ALL DOCUMENTS ARE COLLECTED PRIOR TO FINAL RELEASE OF THE 990 TO THE IRS. MEMBERS OF THE BOARD, PRESIDENT'S ADMINISTRATIVE COMMITTEE, FACULTY, AND STAFF WHO HAVE A CONFLICT OF INTEREST IN ANY MATTER SHALL REFRAIN FROM PARTICIPATING IN THE CONSIDERATION OF THE PROPOSED TRANSACTION. THE PERSON OR PERSONS INVOLVED WILL NOT VOTE ON SUCH MATTERS. | |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION DETERMINATION PROCESS INCLUDED 1) REVIEW OF GROUP COMPENSATION, 2) ADVISEMENT FROM INDEPENDENT SEARCH CONSULTANT, 3) DISCUSSIONS OF TRUSTEE MEMBERS OF THE PRESIDENTIAL SEARCH COMMITTEE. OTHER OFFICERS AND KEY EMPLOYEES, MOST RECENTLY HIRED 2012. COMPENSATION DETERMINATION PROCESS INCLUDED 1) REVIEW OF PEER GROUP COMPENSATION, 2) ADVISEMENT FROM INDEPENDENT SEARCH CONSULTANTS, AND 3) CONSULTATION WITH PRESIDENTS OF OTHER HIGHER EDUCATION INSTITUTIONS. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THESE DOCUMENTS ARE NOT PRESENTLY AVAILABLE TO THE PUBLIC. | |
| FORM 990, PART IX, LINE 11G | OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 6,743,001. MANAGEMENT AND GENERAL EXPENSES 915,375. FUNDRAISING EXPENSES 674,934. TOTAL EXPENSES 8,333,310. | OTHER FEES |
| FORM 990, PART XI, LINE 9: | INTEREST RATE SWAP 2,837,000. PENSION RELATED CHANGES 799,053. CHANGE IN ANNUITIES AND SPLIT-INTEREST OBLIGATIONS 152,719. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| PART XII LINE 2C | THE ORGANIZATION DID NOT CHANGE THE OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRITON INVESTMENTS LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 611 EAST PORTER STREET | AddressLine1 |
| City | ALBION | City |
| State | MI | State |
| ZIP Code | 49224 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 271782807 | EIN |
| Primary Activities | REAL ESTATE INVESTMENT | PrimaryActivities |
| Legal Domicile State | MI | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALBION COLLEGE | BusinessNameLine1 |
Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg | Public Charity StatusPublicCharityStatus |
|---|---|---|---|---|---|---|---|---|---|---|
| COLCHESTER PROPERTIES INC | ||||||||||
| 611 EAST PORTER STREET | ALBION | MI | 49224 | 382025320 | REAL ESTATE INVESTMENT | MI | 501(C)(2) | ALBION COLLEGE | 1 | |
| WG PROPERTIES | ||||||||||
| 611 EAST PORTER STREET | ALBION | MI | 49224 | 453832985 | REAL ESTATE INVESTMENT | MI | 501(C)(3) | ALBION COLLEGE | 1 | LINE 5 |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRITON ACRES INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 611 EAST PORTER | AddressLine1 |
| City | ALBION | City |
| State | MI | State |
| ZIP Code | 49224 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 381361836 | EIN |
| Primary Activity | REAL ESTATE | PrimaryActivity |
| Legal Domicile State | MI | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALBION COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | C | TypeOfEntity |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLCHESTER PROPERTIES | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | B | TransactionType |
| Amount Involved | 80000 | AmountInvolved |
| Method Of Amt Determination | CASH | MethodOfAmtDetermination |
Comments