PRESIDENT AND TRUSTEES OF BATES COLLEGE: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- PRESIDENT AND TRUSTEES OF BATES COLLEGE (EIN 01-0211781)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-02-14
- IRS object ID
- 201300459349302550
- Schema version
- 2011v1.2
- 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 C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-02-14T15:44:34-07:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010211781 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRESIDENT AND TRUSTEES OF BATES COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PRES | NameControl |
| Phone | 2077868339 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 216 Lane Hall | AddressLine1 |
| Address Line2 | 2 Andrews Rd | AddressLine2 |
| City | Lewiston | City |
| State | ME | State |
| ZIP Code | 04240 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Terry Beckmann | Name |
| Title | Treasurer | Title |
| Phone | 2077868339 | Phone |
| Date Signed | 2013-02-14 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Terry Beckmann | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 216 Lane Hall | AddressLine1 |
| Address Line2 | 2 Andrews Road | AddressLine2 |
| City | Lewiston | City |
| State | ME | State |
| ZIP Code | 04240 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 155945295 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.bates.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1855 | YearFormation |
| State Legal Domicile | ME | StateLegalDomicile |
| Activity Or Mission Description | Bates College is a private, highly selective, residential college devoted to undergraduate study in the traditional disciplines of the liberal arts and sciences as well as in emerging interdisciplinary programs. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 41 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 35 | NbrIndependentVotingMembers |
| Total Nbr Employees | 2357 | TotalNbrEmployees |
| Total Nbr Volunteers | 2686 | TotalNbrVolunteers |
| Total Gross UBI | -82019 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -84251 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 14023138 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 13378328 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 95509418 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 101708445 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 18652925 | InvestmentIncomePriorYear |
| Investment Income Current Year | 12676514 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -57815 | OtherRevenuePriorYear |
| Other Revenue Current Year | -39706 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 128127666 | TotalRevenuePriorYear |
| Total Revenue Current Year | 127723581 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 24391778 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 27393033 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 56991178 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 58423492 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 13211 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 4891037 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 38158360 | OtherExpensePriorYear |
| Other Expenses Current Year | 39786556 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 119541316 | TotalExpensesPriorYear |
| Total Expenses Current Year | 125616292 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 8586350 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 2107289 | RevenuesLessExpensesCY |
| Total Assets BOY | 452454920 | TotalAssetsBOY |
| Total Assets EOY | 432829921 | TotalAssetsEOY |
| Total Liabilities BOY | 106821058 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 102540776 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 345633862 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 330289145 | NetAssetsOrFundBalancesEOY |
| Mission Description | Bates is a college of the liberal arts and sciences, and is a coeducational, nonsectarian, residential college with special commitments to academic rigor, and to assuring in all of its efforts the dignity of each individual, and access to its programs and opportunities by qualified learners. Bates offers a curriculum and faculty that challenge students to attain intellectual achievements and to develop powers of critical assessment, analysis, expression, aesthetic sensibility, and independent thought. The College sponsors cultural, volunteer, athletic, social, and religious opportunities which are open to all students, and values participation in these activities. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 108778762 | Expense |
| Grants | 27393033 | Grants |
| Revenue | 101708445 | Revenue |
| Description | Higher Education: Bates College, widely regarded as one of the finest liberal arts colleges in the nation, is dedicated to the principle of active engagement. A 10-1 student-faculty ratio makes possible close collaborations in classroom and laboratory; the Bates learning experience is honed through seminars, research, service-learning, and the capstone of senior thesis. Typically, two-thirds of Bates's approximately 1,700 students on campus study abroad at some point during their academic careers at Bates. Co-curricular life is rich: most students participate in one of more than 90 student-run clubs and organizations. Alumni frequently cite the capacities they develop at Bates for critical assessment, analysis, expression, aesthetic sensibility and independent thought. About 40 percent of students participate in career internships, and more than two-thirds of recent graduates enroll in graduate study within 10 years after graduation. (Approximately 1,700 students on-campus.) | Description |
| Total Of Other Program Service Exp | 0 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 0 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 0 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 108778762 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 1 | 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 | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 1 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 1 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | 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 | 1 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 1 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 360 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 2357 | 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 | 0 | QuidProQuoContributions |
| 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 | 41 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 35 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 1 | 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 |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Treasurer | NamePerson |
| Telephone Number | 2077868339 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Bates College | AddressLine1 |
| Address Line2 | 2 Andrews Rd | AddressLine2 |
| City | Lewiston | City |
| State | ME | State |
| ZIP Code | 04240 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (53 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | FormerFormer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|---|
| Stuart B Abelson | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Alison R Bernstein | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| H Scott Bierman | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Michael W Bonney | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Steven A Brown | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Andrea C Bueschel | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Ann E Bushmiller | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Nancy J Cable | |||||||||
| Interim President | 40 | X | 248062 | 0 | 62814 | X | |||
| William C Carey | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| J Michael Chu | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| George W Cole | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Laura Young Connelly | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Darrell W Crate | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Geraldine M FitzGerald | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Richard H Forde | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Scott D Freeman | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Marjorie Northrop Friedman | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Stephen M Fuller | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| John D Gillespie | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Christopher J Gorayeb | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Susan S Kozik | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Dervilla M McCann | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| James J McNulty | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Jamie P Merisotis | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Karl O Mills | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Dana Petersen Moore | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| James F O'Brien | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| David W Parmelee | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Sarah R Pearson | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Jennifer L Porter | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Mary H Pressman | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Barbara M Raths | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Carol L Rattray | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| John T Rossello Jr | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Jeremy M Sclar | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Lena Sene | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Valerie A Smith | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Bruce E Stangle | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Quoc Kinh Tran | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Kathleen M Whelan | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Victoria A Wicks | |||||||||
| Board Member | 1 | X | 0 | 0 | 0 | ||||
| Terry J Beckmann | |||||||||
| VP for Finance & Administration, and Treasurer | 40 | 229362 | 0 | 49049 | X | ||||
| Elaine Hansen | |||||||||
| Former President through June 30, 2011. | 0 | 191342 | 0 | 41920 | X | X | |||
| Kelly Kerner | |||||||||
| VP for College Advancement | 40 | 229668 | 0 | 62378 | X | ||||
| Pamela Baker | |||||||||
| VP for Academic Affairs and Dean of the Faculty | 40 | 199756 | 0 | 40766 | X | ||||
| Eugene Wiemers | |||||||||
| VP for Information & Library Services and Librarian | 40 | 163351 | 0 | 36824 | X | ||||
| Tedd Goundie | |||||||||
| Dean of Students | 40 | 153581 | 0 | 48275 | X | ||||
| Wylie Mitchell | |||||||||
| Dean of Admission through July 31, 2011 | 40 | 185851 | 0 | 46956 | X | ||||
| Alice Reich | |||||||||
| Professor | 40 | 215172 | 0 | 42610 | X | ||||
| Michael Murray | |||||||||
| Professor | 40 | 178698 | 0 | 50446 | X | ||||
| Georgia Nigro | |||||||||
| Professor & Interim Director Harward Center | 40 | 158255 | 0 | 43323 | X | ||||
| Thomas Wenzel | |||||||||
| Professor | 40 | 154412 | 0 | 31898 | X | ||||
| Margaret Maurer-Fazio | |||||||||
| Professor | 40 | 147941 | 0 | 38926 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2455451 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 596185 | TotalOtherCompensation |
| Number Individuals GT100 K | 77 | NumberIndividualsGT100K |
| Formers Listed | 1 | 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 | Business Name Line2NameOfContractor/NameBusiness/BusinessNameLine2 |
|---|---|---|---|---|---|---|
| Wright-Ryan Construction Inc | ||||||
| 10 Danforth Street | Portland | ME | 04101 | Construction | 6708566 | |
| Consigli Construction | ||||||
| 84 Middle Street | Portland | ME | 04101 | Construction | 1136083 | |
| Langford & Low Inc | ||||||
| PO Box 662 | Portland | ME | 04104 | Construction | 925297 | |
| Generation Branding and Communicatins Inc | ||||||
| 55 Washington Street No 802 | Brooklyn | NY | 11201 | Consulting | 326579 | dba Generation |
| PricewaterhouseCoopers | ||||||
| 125 High Street | Boston | MA | 02110 | Auditing | 246103 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 12 | NumberOfContractorsGT100K |
| Federated Campaigns | 0 | FederatedCampaigns |
| Membership Dues | 0 | MembershipDues |
| Fundraising Events | 31510 | FundraisingEvents |
| Related Organizations | 0 | RelatedOrganizations |
| Government Grants | 2188055 | GovernmentGrants |
| All Other Contributions | 11158763 | AllOtherContributions |
| Noncash Contributions | 1042647 | NoncashContributions |
| Total Contributions | 13378328 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| Student Tuition and Fees | 611310 | 96565106 | 96565106 | 0 | $0 |
| Other Education Programs and Events | 611310 | 3325145 | 3325145 | 0 | $0 |
| Auxiliary | 611710 | 1818194 | 1818194 | 0 | $0 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 101708445 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1610112 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,610,112 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 531185 | Real |
| Personal | 0 | Personal |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 551637 | Real |
| Personal | 0 | Personal |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -20452 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -20452 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$20,452 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 30829642 | Securities |
| Other | 7842576 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 27605816 | Securities |
| Other | 0 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3223826 | Securities |
| Other | 7842576 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 11066402 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -82019 | UnrelatedBusinessRevenue |
| Exclusion | $11,148,421 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 45007 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 31510 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 64261 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -19254 | TotalRevenueColumn |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$19,254 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 127723581 | TotalRevenueColumn |
| Related Or Exempt Function Income | 101708445 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -82019 | UnrelatedBusinessRevenue |
| Exclusion | $12,718,827 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26367874 | Total |
| Program Services | 26367874 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1025159 | Total |
| Program Services | 1025159 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1425824 | Total |
| Program Services | 597235 | ProgramServices |
| Management And General | 671203 | ManagementAndGeneral |
| Fundraising | 157386 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 42964991 | Total |
| Program Services | 37056153 | ProgramServices |
| Management And General | 3333766 | ManagementAndGeneral |
| Fundraising | 2575072 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4225618 | Total |
| Program Services | 3652665 | ProgramServices |
| Management And General | 320502 | ManagementAndGeneral |
| Fundraising | 252451 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6603477 | Total |
| Program Services | 5638821 | ProgramServices |
| Management And General | 565421 | ManagementAndGeneral |
| Fundraising | 399235 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3203582 | Total |
| Program Services | 2742950 | ProgramServices |
| Management And General | 263466 | ManagementAndGeneral |
| Fundraising | 197166 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 120523 | Total |
| Program Services | 2628 | ProgramServices |
| Management And General | 113355 | ManagementAndGeneral |
| Fundraising | 4540 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 259674 | Total |
| Management And General | 259674 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13211 | Total |
| Fundraising | 13211 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1420933 | Total |
| Management And General | 1420933 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2840347 | Total |
| Program Services | 1697415 | ProgramServices |
| Management And General | 1029732 | ManagementAndGeneral |
| Fundraising | 113200 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2911051 | Total |
| Program Services | 2404089 | ProgramServices |
| Management And General | 307966 | ManagementAndGeneral |
| Fundraising | 198996 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5036826 | Total |
| Program Services | 3525778 | ProgramServices |
| Management And General | 1511048 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5387034 | Total |
| Program Services | 4775837 | ProgramServices |
| Management And General | 596890 | ManagementAndGeneral |
| Fundraising | 14307 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2319908 | Total |
| Program Services | 1904605 | ProgramServices |
| Management And General | 159951 | ManagementAndGeneral |
| Fundraising | 255352 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 329828 | Total |
| Program Services | 306969 | ProgramServices |
| Management And General | -5075 | ManagementAndGeneral |
| Fundraising | 27934 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3221706 | Total |
| Program Services | 3186790 | ProgramServices |
| Management And General | 34916 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5856555 | Total |
| Program Services | 5605753 | ProgramServices |
| Management And General | 250802 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 290546 | Total |
| Management And General | 290546 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Food and Beverage | 3221046 | 2541002 | 294055 | 385989 |
| Books, Periodicals & Collections | 1942896 | 1846814 | 70994 | 25088 |
| Cost of Sales | 969527 | 916715 | 28816 | 23996 |
| Equipment Rental, Maintenance & Other | 3658156 | 2983510 | 427532 | 247114 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 125616292 | Total |
| Program Services | 108778762 | ProgramServices |
| Management And General | 11946493 | ManagementAndGeneral |
| Fundraising | 4891037 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19760 | BOY |
| EOY | 22292 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18299552 | BOY |
| EOY | 9556678 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4987800 | BOY |
| EOY | 4429058 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1286142 | BOY |
| EOY | 1510209 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6757458 | BOY |
| EOY | 6479518 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 462297 | BOY |
| EOY | 484884 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2074775 | BOY |
| EOY | 2680764 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 210146338 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 68133142 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 127652913 | BOY |
| EOY | 142013196 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 66590962 | BOY |
| EOY | 83226540 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 197147594 | BOY |
| EOY | 170423089 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27175667 | BOY |
| EOY | 12003693 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 452454920 | BOY |
| EOY | 432829921 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10654865 | BOY |
| EOY | 8083703 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3522359 | BOY |
| EOY | 3079928 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 66400450 | BOY |
| EOY | 63710450 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 104361 | BOY |
| EOY | 58888 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26139023 | BOY |
| EOY | 27607807 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 106821058 | BOY |
| EOY | 102540776 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 112596263 | BOY |
| EOY | 109851016 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 92046724 | BOY |
| EOY | 77337588 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 140990875 | BOY |
| EOY | 143100541 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 345633862 | BOY |
| EOY | 330289145 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 452454920 | BOY |
| EOY | 432829921 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 2107289 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -17452006 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 0 | DirectContactLegislators |
| Rallies Demonstrations | 1 | RalliesDemonstrations |
| Rallies Demonstrations | $0 | RalliesDemonstrationsAmount |
| Other Activities | 0 | OtherActivities |
| Total Lobbying Expenditures IIB | 0 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchC_P2B_S00_L01 | Identifier |
| Return Reference | Schedule C, Part II-B, Line 1 | ReturnReference |
| Explanation | The College pays membership dues to various organizations, some portion of which may be used for lobbying in connection with issues that impact higher education. | Explanation |
Schedule D IRS990ScheduleD
Held Works Of Art Amts HeldWorksOfArtAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 0 | RevenuesIncluded |
| Assets In Part X | 0 | AssetsInPartX |
| 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 |
| Agent Trustee Etc | 0 | AgentTrusteeEtc |
| Included On FS | 1 | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 231451110 | BeginningOfYearBalance |
| Contributions | 2176458 | Contributions |
| Investment Earnings Or Losses | -6246499 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 4406836 | GrantsOrScholarships |
| Other Expenditures | 6818020 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 216156213 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 198547532 | BeginningOfYearBalance |
| Contributions | 4693542 | Contributions |
| Investment Earnings Or Losses | 39499054 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 4671603 | GrantsOrScholarships |
| Other Expenditures | 6617415 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 231451110 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 183848236 | BeginningOfYearBalance |
| Contributions | 2126729 | Contributions |
| Investment Earnings Or Losses | 24566052 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 4981733 | GrantsOrScholarships |
| Other Expenditures | 7011752 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 198547532 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 267220050 | BeginningOfYearBalance |
| Contributions | 1869333 | Contributions |
| Investment Earnings Or Losses | -72712163 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 5021295 | GrantsOrScholarships |
| Other Expenditures | 7507689 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 183848236 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.14 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.86 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 991298 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 2827230 | OtherCostOrOtherBasis |
| Book Value | 3818528 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 5158920 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 188146548 | OtherCostOrOtherBasis |
| Depreciation | 60678720 | Depreciation |
| Book Value | 132626748 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 13022342 | OtherCostOrOtherBasis |
| Depreciation | 7454422 | Depreciation |
| Book Value | 5567920 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 142013196 | TotalOfBookValueLandBuildings |
Financial Derivatives FinancialDerivatives
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
Other Securities OtherSecurities (5 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| Equity Securities and Funds | 32411286 | F |
| Venture Capital and Private Equity Partnerships | 47179456 | F |
| Hedge Funds | 60479139 | F |
| Fixed Income Funds | 12583213 | F |
| Real Estate, Commodity, and Other Funds | 17769995 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 170423089 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Asset Retirement Obligations | $5,747,450 |
| Bond Premiums | $1,112,423 |
| Split Interest Agreement and Annuity Obligations | $14,389,219 |
| Federal Student Loan Funds Repayable | $6,358,715 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 27607807 | TotalOfAmounts |
| Total Revenue | 127723581 | TotalRevenue |
| Total Expenses | 125616292 | TotalExpenses |
| Excess Or Deficit For Year | 2107289 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -17452006 | NetUnrealizedGLOnInvestments |
| Donated Services And Facilities | 0 | DonatedServicesAndFacilities |
| Investment Expenses | 0 | InvestmentExpenses |
| Prior Period Adjustments | 0 | PriorPeriodAdjustments |
| Other | $0 | OtherAmount |
| Total Adjustments | -17452006 | TotalAdjustments |
| Excess Or Deficit Per FS | -15344717 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 109466539 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -17452006 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 0 | DonatedSrvcAndUseOfFacilities |
| Recoveries Of Prior Year Grants | 0 | RecoveriesOfPriorYearGrants |
| Other Revenues | 0 | OtherRevenues |
| Revenue Not Rptd F990 | -17452006 | RevenueNotRptdF990 |
| Revenue Subtotal | 126918545 | RevenueSubtotal |
| Investment Expenses Not Included | 1420933 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | -615897 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 805036 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 127723581 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 124811256 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 0 | DonatedServicesUseOfFacilities |
| Prior Year Adjustments | 0 | PriorYearAdjustments |
| Losses Reported | 0 | LossesReported |
| Other Expenses Included | 0 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 124811256 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 1420933 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | -615897 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 805036 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 125616292 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchD_P03_S00_L01 | Schedule D, Part III, Line 1 | The College's policy is not to capitalize collections, primarily art objects, as they are held for educational, research, and curatorial purposes. Each of the items is cataloged, preserved and cared for, and activities verifying their existence and assessing their condition are performed continuously. Any proceeds from the sale of collection items are used to acquire other items for the collection. |
| SchD_P03_S00_L04 | Schedule D, Part III, Line 4 | The Museum of Art permanent collection is comprised of over 5,000 objects and growing, in large part due to the generosity of gifts of fine works of art from patrons. The collection is regularly studied by students across academic disciplines, and Museum of Art Interns and Independent Study students research and study objects from this vital college research field each semester. Their participation is frequently an important component of collection exhibitions. The Museum of Art brings a world of ideas to Bates College and the state of Maine. Through temporary exhibitions, the permanent collection, programming and education programs the Museum of Art is an integral part of the intellectual and cultural life of the College and region, serving as a laboratory for creative thought and a social space where artists, curators, scholars, students and visitors engage with art together. |
| SchD_P04_S00_L02b | Schedule D, Part IV, Line 2b | Funds held on behalf of student groups for student-initiated activities. |
| SchD_P05_S00_L04 | Schedule D, Part V, Line 4 | The investment time horizon for the endowment is long-term, consistent with its expected perpetual life. The financial goals for the endowment are (a) to achieve investment returns, net of all costs of management, over full market cycles at least equal to the sum of the rate of inflation (Higher Education Price Index) and the spending rate, and (b) to provide a predictable and stable flow of funds for the operating budget of the College. |
| SchD_P12_S00_L04b | Schedule D, Part XII, Line 4b | Rental and fundraising expenses included in Part VIII, line 6b and line 8b. |
| SchD_P13_S00_L04b | Schedule D, Part XIII, Line 4b | Rental and fundraising expenses included in part VIII, line 6b and 8b. |
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 |
|---|---|---|
| SchE_P01_S00_L03 | Schedule E, Part I, Line 3 | The college catalog contains the College's racial non-discrimination policy. All admitted students and prospective students who sign up for our mailing list receive a catalog and any person may receive a catalog upon request. The College's non-discrimination policy is included in several places on the College's official website, including the online Student Handbook. |
| SchE_P01_S00_L06 | Schedule E, Part I, Line 6 | Pell Grant Program, Perkins Loan Program, Supplemental Educational Opportunity Grants, Federal Work Study |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 1 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (13 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| Europe (including Iceland and Greenland) | 0 | 2 | Program Services | Fall Semester Abroad Program | 274234 |
| Central America and the Caribbean | 0 | 2 | Program Services | 5-week short term educational program | 59130 |
| Europe (including Iceland and Greenland) | 0 | 3 | Program Services | 5-week short term educational program | 63835 |
| Middle East and North Africa | 0 | 1 | Program Services | 5-week short term educational program | 36058 |
| Europe (including Iceland and Greenland) | 0 | 6 | Program Services | Federally sponsored research award | 50979 |
| Central America and the Caribbean | 0 | 1 | Program Services | Foreign travel for students, staff, and faculty members | 3135 |
| East Asia and the Pacific | 0 | 8 | Program Services | Foreign travel for students, faculty and staff | 20441 |
| Europe (including Iceland and Greenland) | 0 | 44 | Program Services | Foreign travel for students, faculty and staff | 120809 |
| North America (including Canada and Mexico, but not the United States) | 0 | 22 | Program Services | Foreign travel for students, faculty and staff | 27387 |
| South America | 0 | 3 | Program Services | Foreign travel for students, faculty and staff | 12090 |
| Sub-Saharan Africa | 0 | 1 | Program Services | Foreign travel for students, faculty and staff | 291 |
| Europe (including Iceland and Greenland) | 0 | 0 | Investments | Europe, including Iceland and Greenland Investment Book Value - $6,124,000, expenses - $10,529 | 6124000 |
| Central America and the Caribbean | 0 | 0 | Investments | 53016810 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 93 | TotalNumberOfEmployees |
| Total Amount Spent | 59809199 | TotalAmountSpent |
Grants To Ind Outside US GrantsToIndOutsideUS (5 entries)
| Type Of AssistanceTypeOfAssistance | RegionRegion | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Manner Of Cash DisbursementMannerOfCashDisbursement | Amount Of Non Cash AssistanceAmountOfNonCashAssistance |
|---|---|---|---|---|---|
| Need based financial aid | Europe (including Iceland and Greenland) | 52 | 725300 | Checks and wire | 0 |
| Need based financial aid | East Asia and the Pacific | 11 | 138771 | Check and wire | 0 |
| Need based financial aid | Sub-Saharan Africa | 12 | 122841 | Checks and wire | 0 |
| Need based financial aid | South America | 4 | 34593 | Checks and wire | 0 |
| Need based financial aid | Central America and the Caribbean | 1 | 3654 | Checks and wire | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 1 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 1 | OwnForeignCorp |
| Passive Foreign Invest Co | 1 | PassiveForeignInvestCo |
| Foreign Partnership | 1 | ForeignPartnership |
| Boycott Countries | 1 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchF_P01_S00_L02 | Identifier |
| Return Reference | Schedule F, Part I, Line 2 | ReturnReference |
| Explanation | For need based financial aid for students studying abroad, an official transcript from the institution abroad is obtained to confirm the student's study and proper use of funds. For each Fall Semester Abroad and Short Term educational programs, a comprehensive and detailed budget is prepared by the faculty member(s) and reviewed by the administration; disbursements are individually requested, reviewed, and compared to the budget; and receipts and subsequent expense reports are prepared by the faculty member(s) and reviewed by the administration. For Federal Awards for research activities, a comprehensive budget and budget justification is approved by the Federal awarding agency, an annual independent single audit is conducted in accordance to A-133 compliance guidelines with federal spending. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Football Golf Outing | NameOfEvent1 |
| Gross Receipts Event1 | 45648 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 17825 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 27823 | GrossRevenueEvent1 |
| Cash Prizes Event1 | 410 | CashPrizesEvent1 |
| Non Cash Prizes Event1 | 6256 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 17120 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 6967 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 0 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 590 | OtherDirectExpensesEvent1 |
| Name Of Event2 | Men's Basketball Golf Outing | NameOfEvent2 |
| Gross Receipts Event2 | 24144 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 8435 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 15709 | GrossRevenueEvent2 |
| Cash Prizes Event2 | 0 | CashPrizesEvent2 |
| Non Cash Prizes Event2 | 3453 | NonCashPrizesEvent2 |
| Rent Facility Costs Event2 | 5065 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 6941 | FoodAndBeverageEvent2 |
| Entertainment Event2 | 0 | EntertainmentEvent2 |
| Other Direct Expenses Event2 | 15459 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 6725 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 5250 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 1475 | GrossRevenueOtherEvents |
| Cash Prizes Other Events | 0 | CashPrizesOtherEvents |
| Non Cash Prizes Other Events | 0 | NonCashPrizesOtherEvents |
| Rent Facility Costs Other Events | 2000 | RentFacilityCostsOtherEvents |
| Food And Beverage Other Events | 0 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 0 | EntertainmentOtherEvents |
| Other Direct Expenses Other Events | 0 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 76517 | GrossReceiptsTotal |
| Charitable Contributions Total | 31510 | CharitableContributionsTotal |
| Gross Revenue Total Events | 45007 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 410 | CashPrizesTotalEvents |
| Non Cash Prizes Total Events | 9709 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 24185 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 13908 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 0 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 16049 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 64261 | DirectExpenseSummaryEvents |
| Net Income Summary | -19254 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Need based financial aid including federal financial aid grants | TypeOfGrant |
| Number Of Recipients | 746 | NumberOfRecipients |
| Amount Of Cash Grant | 0 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 26367874 | AmountOfNonCashAssistance |
| Method Of Valuation | Cash basis | MethodOfValuation |
| Description Of Non Cash Assistance | Need based financial aid grants | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchI_P01_S00_L02 | Identifier |
| Return Reference | Schedule I, Part I, Line 2 | ReturnReference |
| Explanation | Grant funds are credited to student accounts in the form of need-based financial aid that reduce the comprehensive fee. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| 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 | 1 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (13 entries)
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nancy J Cable | |||||||||||||
| 250000 | 0 | 0 | 0 | 0 | 0 | 28675 | 0 | 34196 | 0 | 312871 | 0 | 0 | 0 |
| Terry J Beckmann | |||||||||||||
| 226300 | 0 | 0 | 0 | 3062 | 0 | 26431 | 0 | 22675 | 0 | 278468 | 0 | 0 | 0 |
| Kelly Kerner | |||||||||||||
| 233450 | 0 | 0 | 0 | 0 | 0 | 27289 | 0 | 35146 | 0 | 295885 | 0 | 0 | 0 |
| Pamela Baker | |||||||||||||
| 194938 | 0 | 0 | 0 | 4818 | 0 | 23252 | 0 | 20337 | 0 | 243345 | 0 | 0 | 0 |
| Eugene Wiemers | |||||||||||||
| 164550 | 0 | 0 | 0 | 0 | 0 | 19021 | 0 | 17860 | 0 | 201431 | 0 | 0 | 0 |
| Tedd Goundie | |||||||||||||
| 158450 | 0 | 0 | 0 | 0 | 0 | 18289 | 0 | 39417 | 0 | 216156 | 0 | 0 | 0 |
| Elaine Hansen | |||||||||||||
| 189000 | 0 | 0 | 0 | 2342 | 0 | 21955 | 0 | 19993 | 0 | 233290 | 0 | 0 | 0 |
| Alice Reich | |||||||||||||
| 215256 | 0 | 0 | 0 | 0 | 0 | 25106 | 0 | 17561 | 0 | 257923 | 0 | 0 | 0 |
| Wylie Mitchell | |||||||||||||
| 90735 | 0 | 0 | 0 | 95116 | 0 | 20415 | 0 | 26579 | 0 | 232845 | 0 | 0 | 0 |
| Michael Murray | |||||||||||||
| 185632 | 0 | 0 | 0 | 0 | 0 | 21551 | 0 | 28952 | 0 | 236135 | 0 | 0 | 0 |
| Georgia Nigro | |||||||||||||
| 159432 | 0 | 0 | 0 | 0 | 0 | 18407 | 0 | 24928 | 0 | 202767 | 0 | 0 | 0 |
| Thomas Wenzel | |||||||||||||
| 132082 | 0 | 0 | 0 | 22329 | 0 | 15125 | 0 | 16830 | 0 | 186366 | 0 | 0 | 0 |
| Margaret Maurer-Fazio | |||||||||||||
| 147060 | 0 | 0 | 0 | 882 | 0 | 16923 | 0 | 25685 | 0 | 190550 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchJ_P01_S00_L01a | Schedule J, Part I, Line 1a | Pursuant to employment agreements as a condition of employment and for the convenience of the College, a campus residence was provided to Interim President Nancy Cable, Vice President for Academic Affairs and Dean of Faculty Pamela Baker, and Dean of Students Tedd Goundie. |
| SchJ_P01_S00_L07 | Schedule J, Part I, Line 7 | Wylie Mitchell received a payment of $85,429 in conjunction with his retirement. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (4 entries)
| Business Name Line2IssuerName/BusinessNameLine2 | Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|---|
| Maine Health and Higher Educational Facilities | ||||||||
| Authority - 2003B | 010314384 | 560425MY3 | 2003-07-24 | 3965000 | Proceeds used to fund an electronic security access system | 0 | 0 | 1 |
| Maine Health and Higher Educational Facilities | ||||||||
| Authority - 2006B | 010314384 | 560425C40 | 2006-04-06 | 37990000 | Proceeds were used to construct a new residential village and a new dining hall | 0 | 0 | 1 |
| Maine Health and Higher Educational Facilities | ||||||||
| Authority - 2008D | 010314384 | 5604253L2 | 2008-12-03 | 15895000 | Proceeds used to extinguish the series 2000A and 2000B bonds | 0 | 0 | 1 |
| Maine Health and Higher Educational Facilities | ||||||||
| Authority - 2010A | 010314384 | 560427GZ3 | 2010-04-22 | 13600000 | Proceeds used to renovate and overhaul two residence halls for use as academic facilities | 0 | 0 | 1 |
Form990 Schedule K Part II Form990ScheduleKPartII (4 entries)
| Amount RetiredAmountRetired | Amount Bond DefeasedAmountBondDefeased | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Capitalized InterestCapitalizedInterest | Refunding EscrowRefundingEscrow | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Working Capital ExpendituresWorkingCapitalExpenditures | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Amount UnspentAmountUnspent | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2190000 | 0 | 4062828 | 403888 | 115130 | 0 | 39631 | 9819 | 0 | 3494360 | 0 | 0 | 2004 | 0 | 0 | 1 | 1 |
| 2255000 | 0 | 41399910 | 2506125 | 2765722 | 0 | 355752 | 128882 | 0 | 35643429 | 0 | 0 | 2008 | 0 | 0 | 1 | 1 |
| 3010000 | 0 | 15996720 | 0 | 0 | 0 | 159433 | 0 | 0 | 0 | 15837287 | 0 | 2008 | 0 | 1 | 1 | 1 |
| 210000 | 0 | 13799199 | 894556 | 761764 | 0 | 142794 | 0 | 0 | 12000085 | 0 | 0 | 2011 | 0 | 0 | 1 | 1 |
Form990 Schedule K Part III Form990ScheduleKPartIII (4 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (4 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Term Of GICTermOfGIC | Regulatory Safe Harbor SatisfiedRegulatorySafeHarborSatisfied | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|---|---|
| FSA | |||||||
| 1 | 0 | 0 | 1 | 30 | 1 | 0 | 0 |
| FSA | |||||||
| 1 | 0 | 0 | 1 | 30 | 1 | 0 | 0 |
| (no name) | |||||||
| 0 | 0 | 0 | 0 | 0 | 0 | ||
| (no name) | |||||||
| 0 | 0 | 0 | 0 | 0 | 0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fed Tax Requirements Compliance | X | FedTaxRequirementsCompliance |
Form990 Schedule K Part VI Form990ScheduleKPartVI (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchK_P01_S00_L00e | Schedule K, Part I, Column e | The amounts included in Form 990, Schedule K, Part 1, Column (e) represent the par value of the College's portion of each pooled bond issue. The issue price listed on Form 8038, Part III, Line 21(b) includes proceeds for other institutions in addition to the College, the total proceeds for all institutions are as follows: Line A - $60,650,695, Line B - $58,593,636, Line C - $41,658,395, Line D - $99,977,871. |
| SchK_P02_S00_L03 | Schedule K, Part II, Line 3 | Proceeds include interest on construction funds and net premium proceeds as follows: A - $44,823 interest / $53,005 premium; B - $2,145,899 interest / $1,264,011 premium; C - $0 interest / $101,721 premium; D - $85 interst / $199,114 premium. |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII (2 entries)
| Name Of Interested PersonNameOfInterestedPerson | Relationship With OrganizationRelationshipWithOrganization | Amount Of GrantAmountOfGrant | Type Of AssistanceTypeOfAssistance |
|---|---|---|---|
| On file at the College | On file at the College | 2502 | Endowed Professorship Research Award |
| On file at the College | On file at the College | 3497 | Research grant |
Form990 Schedule L Part IV Form990ScheduleLPartIV (5 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| Bruce Stangle | |||
| Trustee also serves as a board member of an investment trust company. | 15178628 | Trust company manages two investment vehicles amounting to 6.0% of total college investments. | 0 |
| Quoc Tran | |||
| Trusteee served as a Partner of an investment company. | 8402802 | Investment company managed a fund in which the College was invested until 2/22/12. Investment balance was $0 at 6/30/12. | 0 |
| Mary Pressman | |||
| Trustee's family member | 7321784 | Trustee's family member was an officer of a company that serves as the administrator for the College's retirement funds. | 0 |
| John Gillespie | |||
| Trustee also serves as the managing member of an investment company. | 3330172 | Investment company manages an investment vehicle amounting to $112,068 at 6/30/12. Investment liquidation proceeds during the year amounted to $3,330,172. | 0 |
| Pamela Baker | |||
| Key Employee | 37112 | Compensation paid to family member employed by the College. | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 112 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1042647 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Exchange Traded Securities | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 2 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchM_P01_S00_L33 | Identifier |
| Return Reference | Schedule M, Part I, Line 33 | ReturnReference |
| Explanation | Books and publications, scientific and other collectibles, works of art and historical artifacts were not reported on Form 990, Part VIII, Line 1g, because the College does not capitalize its collections, as allowed under SFAS 116. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| F990_P06_S0A_L01a | Form 990, Part VI, Section A, Line 1a | The Executive Committee is empowered to act for the Corporation when the Board is not meeting; minutes of Executive Committee meetings are distributed to all Trustees. |
| F990_P06_S0A_L02 | Form 990, Part VI, Section A, Line 2 | Trustees John Gillespie and J. Michael Chu have a business relationship. Trustees John Gillespie and John Rossello have a business relationship. |
| F990_P06_S0A_L04 | Form 990, Part VI, Section A, Line 4 | Charter and Bylaws were modified to clarify that the Alumni Council may name prospects to the board, and not nominate trustees directly, in order that the power to nominate rest solely with the board; added that notices and materials for meetings may be sent electronically; added that the board may take action outside of meetings with written consent of a majority of the board; added that the board may conduct meetings using any means of communication which permits all to hear simultaneously; added a section describing the role and appointment process for Special Committee Members; and added an article regarding the disposition of assets upon dissolution of the corporation. |
| F990_P06_S0B_L11b | Form 990, Part VI, Section B, Line 11b | The return is reviewed by management and an independent accounting firm and then the Audit and Legal Affairs Committee reviews the entire return in detail; a copy of the return is provided to all board members for review and comment prior to filing. |
| F990_P06_S0B_L12c | Form 990, Part VI, Section B, Line 12c | An annual conflict of interest questionnaire is distributed to all board members, institutional officers, key employees, and other personnel with purchasing responsibilities. Responses are reviewed and evaluated by a sub-committee of the Audit and Legal Affairs Committee of the Board of Trustees and reported to the Audit and Legal Affairs Committee and the full board annually. Individuals with a conflict recuse themselves from deliberations, decisions and votes pertaining to the conflict. |
| F990_P06_S0B_L15 | Form 990, Part VI, Section B, Line 15 | Annually, the President makes recommendations for the officers and key employees other than herself, to the compensation subcommittee which is a subcommittee established by the executive committee of the Board of Trustees and includes the Board Chair and the Chairs of the following committees: Academic Affairs, Budget and Finance, and Audit and Legal Affairs, all of whom are independent. The compensation subcommittee evaluates these recommendations and determines the President's compensation in conjunction with a report prepared by an outside consultant that presents comparable data from 25 peer schools. The compensation subcommittee reviews and approves compensation which is documented and signed by the Board Chair. |
| F990_P06_S0C_L19 | Form 990, Part VI, Section C, Line 19 | The Financial Statements are available on the College's website. Other documents are provided upon request. |
| F990_P11_S00_L05 | Form 990, Part XI, Line 5 | Net unrealized losses on investments of $17,452,006 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Type Of EntityTypeOfEntity |
|---|---|---|---|---|---|---|
| Charitable Remainder Trusts (21) | ||||||
| 2 Andrews Rd | Lewiston | ME | 04240 | Trust | ME | T |
| Pooled Income Trusts (2) | ||||||
| 2 Andrews Rd | Lewiston | ME | 04240 | Trust | ME | T |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | 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 |
| 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 |
Form990 Schedule R Part VII Form990ScheduleRPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchR_P04_S00_L00 | Identifier |
| Return Reference | Schedule R, Part IV | ReturnReference |
| Explanation | The legal Charitable Trust names, which include donor/contributor names, have been omitted to protect the privacy of the donor/contributor. Records are on file at the College and available to the IRS upon request. | Explanation |