PINE MANOR COLLEGE: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- PINE MANOR COLLEGE (EIN 04-2321292)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-10
- IRS object ID
- 201301309349301680
- Schema version
- 2011v1.5
- 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 I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-10T10:51:50-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042571780 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALEXANDER ARONSON FINNING & CO PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 EAST MAIN STREET | AddressLine1 |
| City | WESTBORO | City |
| State | MA | State |
| ZIP Code | 01581 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042321292 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PINE MANOR COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PINE | NameControl |
| Phone | 6177317098 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 HEATH STREET | AddressLine1 |
| City | CHESTNUT HILL | City |
| State | MA | State |
| ZIP Code | 02467 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ELLEN HURWITZ | Name |
| Title | INTERIM PRESIDENT | Title |
| Phone | 6177317098 | Phone |
| Date Signed | 2013-05-08 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | THOMAS WASHBURN CPA | Name |
| PTIN | P00537319 | PTIN |
| Phone | 5083669100 | Phone |
| Date Prepared | 2013-05-07 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ELLEN HURWITZ | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 HEATH STREET | AddressLine1 |
| City | CHESTNUT HILL | City |
| State | MA | State |
| ZIP Code | 02467 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 22829492 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.PMC.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1911 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | PINE MANOR COLLEGE OFFERS A RANGE OF LIBERAL ARTS PROGRAMS TO WOMEN. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 20 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 19 | NbrIndependentVotingMembers |
| Total Nbr Employees | 391 | TotalNbrEmployees |
| Total Nbr Volunteers | 120 | TotalNbrVolunteers |
| Total Gross UBI | 937227 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -21705 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1446564 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1682232 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 13900794 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 10997951 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 602836 | InvestmentIncomePriorYear |
| Investment Income Current Year | 434785 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 2422129 | OtherRevenuePriorYear |
| Other Revenue Current Year | 3582665 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 18372323 | TotalRevenuePriorYear |
| Total Revenue Current Year | 16697633 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 4118031 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 3168943 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 9135522 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 8284874 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 6765 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 487507 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 7369795 | OtherExpensePriorYear |
| Other Expenses Current Year | 6959188 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 20630113 | TotalExpensesPriorYear |
| Total Expenses Current Year | 18413005 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -2257790 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1715372 | RevenuesLessExpensesCY |
| Total Assets BOY | 29385606 | TotalAssetsBOY |
| Total Assets EOY | 25431005 | TotalAssetsEOY |
| Total Liabilities BOY | 15878213 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 14041964 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 13507393 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 11389041 | NetAssetsOrFundBalancesEOY |
| Mission Description | PINE MANOR COLLEGE OFFERS A RANGE OF LIBERAL ARTS PROGRAMS TO WOMEN. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 13680410 | Expense |
| Grants | 3168943 | Grants |
| Revenue | 13643389 | Revenue |
| Description | THE COLLEGE PROVIDES AN UNDERGRADUATE LIBERAL ARTS EDUCATION TO WOMEN, AN ASSOCIATES DEGREE TO MEN AND A GRADUATE DEGREE IN FINE ARTS TO MEN AND WOMEN. TOTAL ENROLLMENT IS 291 STUDENTS. | Description |
| Total Program Service Expense | 13680410 | 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 | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | 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 | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | 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 | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | 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 | 43 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 391 | 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 | 20 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 19 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | 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 | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TIMOTHY JOHNSON | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6177317098 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 HEATH STREET | AddressLine1 |
| City | CHESTNUT HILL | City |
| State | MA | State |
| ZIP Code | 02467 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (23 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| ALANE SHANKS | ||||||||
| PRESIDENT | 40.00 | X | X | 104305 | 0 | 566 | ||
| ELIZABETH CARY BLUM | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| NADIA CHAMBLIN-FOSTER | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| SERENA KOKJER GREENING | ||||||||
| CHAIR | 20.00 | X | X | 0 | 0 | 0 | ||
| LAURIE SAMUELS PASCAL | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| BRENDA BERSTEIN SHAPIRO | ||||||||
| VICE CHAIR | 10.00 | X | X | 0 | 0 | 0 | ||
| LYDIA VILLA-KOMAROFF | ||||||||
| TRUSTEE | 20.00 | X | 0 | 0 | 0 | |||
| MARTELLA WILSON-TAYLOR | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| SHANNON CARROLL MIRANDA | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| DAVID L MURPHY | ||||||||
| TREASURER | 20.00 | X | X | 0 | 0 | 0 | ||
| RENEE LAVERNE HARPER | ||||||||
| SECRETARY | 10.00 | X | X | 0 | 0 | 0 | ||
| RACHELLE TAQQU | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| AMY W FRASER | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| JACQUELINE HARRIS | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| ELIZABETH VAN ORSDEL MOULDS | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| KATHERINE HALSEY NAILOR | ||||||||
| TRUSTEE | 20.00 | X | 0 | 0 | 0 | |||
| SHIAWEE YANG | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| HEATHER WOODCOCK AYRES | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| NANCY ISRAEL | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| SCOTT F O'GORMAN | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| TIM JOHNSON | ||||||||
| DIRECTOR OF FINANCE | 40.00 | X | 89853 | 0 | 5479 | |||
| WILLIAM VOGELE | ||||||||
| DEAN OF COLLEGE | 40.00 | 105308 | 0 | 680 | X | |||
| GLORIA NEMEROWICZ | ||||||||
| FORMER PRESIDENT | 40.00 | 315042 | 0 | 2911 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 614508 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 9636 | TotalOtherCompensation |
| Number Individuals GT100 K | 3 | 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 |
|---|---|---|---|---|---|
| ARAMARK FOOD SERVICES | |||||
| 2 PLEASURE ISLAND ROAD | WAKEFIELD | MA | 01880 | FOOD SERVICES | 2089284 |
| LICAS GROUP | |||||
| 500 FIFTH AVENUE SUITE 1100 | NEW YORK | NY | 10110 | TRANSITION MANAGEMENT AND ADMIN AID | 266327 |
| SMART LLC | |||||
| PO BOX 17211 | RENO | NV | 89511 | PROJECT MANAGEMENT | 194289 |
| SEIGENTHALER PUBLIC RELATIONS | |||||
| 331 MADISON AVE | NEW YORK | NY | 10017 | PUBLIC RELATIONS | 119733 |
| WITTKIEFFER | |||||
| 2015 SPRING ROAD | OAK BROOK | IL | 60523 | PRESIDENTIAL SEARCH | 106728 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 6 | NumberOfContractorsGT100K |
| Government Grants | 33952 | GovernmentGrants |
| All Other Contributions | 1648280 | AllOtherContributions |
| Noncash Contributions | 60978 | NoncashContributions |
| Total Contributions | 1682232 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| TUITION AND FEES | 900099 | 6729484 | 6729484 | |
| AUXILIARY ENTERPRISES | 900099 | 2252797 | 2252797 | |
| EDUCATIONAL SERVICES | 611710 | 1534384 | 1534384 | |
| CHILD CARE SERVICES | 624410 | 481286 | 481286 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 10997951 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 231771 | TotalRevenueColumn |
| Exclusion | $231,771 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 2696539 | 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 | 2696539 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2696539 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2240598 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 455941 | UnrelatedBusinessRevenue |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 6334873 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 6131859 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 203014 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 203014 | TotalRevenueColumn |
| Exclusion | $203,014 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| OTHER | 900099 | 587246 | 587246 |
| FORGIVENESS OF DEBT | 900099 | 298880 | 298880 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 886126 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 16697633 | TotalRevenueColumn |
| Related Or Exempt Function Income | 13643389 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 937227 | UnrelatedBusinessRevenue |
| Exclusion | $434,785 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3168943 | Total |
| Program Services | 3168943 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 333894 | Total |
| Program Services | 35184 | ProgramServices |
| Management And General | 240067 | ManagementAndGeneral |
| Fundraising | 58643 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6611430 | Total |
| Program Services | 5298317 | ProgramServices |
| Management And General | 1242045 | ManagementAndGeneral |
| Fundraising | 71068 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 49468 | Total |
| Management And General | 49468 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 767183 | Total |
| Program Services | 593278 | ProgramServices |
| Management And General | 159624 | ManagementAndGeneral |
| Fundraising | 14281 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 522899 | Total |
| Program Services | 401912 | ProgramServices |
| Management And General | 111231 | ManagementAndGeneral |
| Fundraising | 9756 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 170288 | Total |
| Management And General | 170288 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 71533 | Total |
| Management And General | 71533 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 40919 | Total |
| Management And General | 40919 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 776385 | Total |
| Program Services | 367494 | ProgramServices |
| Management And General | 171579 | ManagementAndGeneral |
| Fundraising | 237312 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 42976 | Total |
| Program Services | 37727 | ProgramServices |
| Management And General | 5249 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 738962 | Total |
| Program Services | 449699 | ProgramServices |
| Management And General | 244438 | ManagementAndGeneral |
| Fundraising | 44825 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1324826 | Total |
| Program Services | 1267119 | ProgramServices |
| Management And General | 57707 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45846 | Total |
| Program Services | 33059 | ProgramServices |
| Management And General | 11831 | ManagementAndGeneral |
| Fundraising | 956 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 439869 | Total |
| Program Services | 419415 | ProgramServices |
| Management And General | 20454 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1047930 | Total |
| Program Services | 999201 | ProgramServices |
| Management And General | 48729 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 150048 | Total |
| Program Services | 9173 | ProgramServices |
| Management And General | 140875 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| ROOM AND BOARD | 1321899 | 233034 | 1088865 | |
| MISCELLANEOUS | 368047 | 212093 | 140593 | 15361 |
| BAD DEBT | 236250 | 8800 | 197976 | 29474 |
| VEHICLE | 79195 | 76527 | 2668 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 104215 | Total |
| Program Services | 69435 | ProgramServices |
| Management And General | 28949 | ManagementAndGeneral |
| Fundraising | 5831 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18413005 | Total |
| Program Services | 13680410 | ProgramServices |
| Management And General | 4245088 | ManagementAndGeneral |
| Fundraising | 487507 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1305245 | BOY |
| EOY | 198276 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 612639 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 316642 | BOY |
| EOY | 210345 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 515081 | BOY |
| EOY | 281504 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 122425 | BOY |
| EOY | 204321 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 40111511 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 23722384 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17147436 | BOY |
| EOY | 16389127 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8831044 | BOY |
| EOY | 6423290 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1147733 | BOY |
| EOY | 1111503 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29385606 | BOY |
| EOY | 25431005 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4133800 | BOY |
| EOY | 2206936 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 225122 | BOY |
| EOY | 320792 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7008689 | BOY |
| EOY | 6817860 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3888853 | BOY |
| EOY | 4020407 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 621749 | BOY |
| EOY | 675969 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15878213 | BOY |
| EOY | 14041964 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2281077 | BOY |
| EOY | 1246216 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1536781 | BOY |
| EOY | 969087 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9689535 | BOY |
| EOY | 9173738 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13507393 | BOY |
| EOY | 11389041 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29385606 | BOY |
| EOY | 25431005 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -1715372 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -402980 | 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 |
| 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 D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 10329485 | BeginningOfYearBalance |
| Contributions | 655748 | Contributions |
| Investment Earnings Or Losses | 42246 | InvestmentEarningsOrLosses |
| Other Expenditures | 1708414 | OtherExpenditures |
| End Of Year Balance | 9319065 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 9274151 | BeginningOfYearBalance |
| Contributions | 117146 | Contributions |
| Investment Earnings Or Losses | 1576314 | InvestmentEarningsOrLosses |
| Other Expenditures | 638126 | OtherExpenditures |
| End Of Year Balance | 10329485 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8364000 | BeginningOfYearBalance |
| Contributions | 16878 | Contributions |
| Investment Earnings Or Losses | 893273 | InvestmentEarningsOrLosses |
| End Of Year Balance | 9274151 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 11868301 | BeginningOfYearBalance |
| Contributions | 13152 | Contributions |
| Investment Earnings Or Losses | -1466633 | InvestmentEarningsOrLosses |
| Other Expenditures | 2050820 | OtherExpenditures |
| End Of Year Balance | 8364000 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.00000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 422387 | OtherCostOrOtherBasis |
| Book Value | 422387 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 25937918 | OtherCostOrOtherBasis |
| Depreciation | 13846335 | Depreciation |
| Book Value | 12091583 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2648633 | OtherCostOrOtherBasis |
| Depreciation | 201230 | Depreciation |
| Book Value | 2447403 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10431275 | OtherCostOrOtherBasis |
| Depreciation | 9674819 | Depreciation |
| Book Value | 756456 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 671298 | OtherCostOrOtherBasis |
| Book Value | 671298 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 16389127 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ANNUITY PAYMENT LIABILITY | $121,030 |
| ASSET RETIREMENT OBLIGATION | $208,392 |
| DEPOSIT | $127,796 |
| INTEREST RATE SWAP CONTRACT IN LOSS POSITION | $218,751 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 675969 | TotalOfAmounts |
| Total Revenue | 16697633 | TotalRevenue |
| Total Expenses | 18413005 | TotalExpenses |
| Excess Or Deficit For Year | -1715372 | ExcessOrDeficitForYear |
| Other | -$402,980 | OtherAmount |
| Total Adjustments | -402980 | TotalAdjustments |
| Excess Or Deficit Per FS | -2118352 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 13136151 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -351620 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -351620 | RevenueNotRptdF990 |
| Revenue Subtotal | 13487771 | RevenueSubtotal |
| Investment Expenses Not Included | 40919 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 3168943 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 3209862 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 16697633 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 15254503 | TotExpensesEtcAuditedFinclStmt |
| Losses Reported | 51360 | LossesReported |
| Expenses Not Rptd F990 | 51360 | ExpensesNotRptdF990 |
| Expenses Subtotal | 15203143 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 40919 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 3168943 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 3209862 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 18413005 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | PERMANENTLY RESTRICTED NET ASSETS REPRESENT AMOUNTS RECEIVED FROM DONORS WITH STIPULATION THAT THE PRINCIPAL WILL BE HELD IN PERPETUITY AND ONLY THE INVESTMENT INCOME CAN BE SPENT. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | UNCERTAINTY IN INCOME TAXES THE COLLEGE FOLLOWS STANDARDS FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH REQUIRE THE COLLEGE TO REPORT ANY UNCERTAIN TAX POSITIONS AND TO ADJUST ITS FINANCIAL STATEMENTS FOR THE IMPACT THEREOF. AS OF JUNE 30, 2012, THE COLLEGE DETERMINED THAT IT HAD NO TAX POSITIONS THAT DID NOT MEET THE "MORE LIKELY THAN NOT" THRESHOLD OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. THE COLLEGE FILES TAX AND INFORMATION RETURNS IN THE UNITED STATES FEDERAL AND MASSACHUSETTS STATE JURISDICTIONS. THESE RETURNS ARE GENERALLY SUBJECT TO EXAMINATION BY TAX AUTHORITIES FOR THE LAST THREE YEARS. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | UNREALIZED LOSS ON INVESTMENTS -351,620. UNREALIZED LOSS ON CARRYING VALUE OF INTEREST RATE SWAP CONTRACT -51,360. TOTAL TO SCHEDULE D, PART XI, LINE 8: -402,980. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | PINE MANOR'S PORTION OF STUDENT AID 3,168,943. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | PINE MANOR'S PORTION OF STUDENT AID 3,168,943. |
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 | A STATEMENT OF PINE MANOR COLLEGE'S NONDISCRIMINATORY POLICY REGARDING STUDENTS IS CONTAINED IN THE COLLEGE'S CATALOGS, BROCHURES, ETC., WHICH ARE AVAILABLE UPON REQUEST. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | PINE MANOR COLLEGE RECEIVES AND PARTICIPATES IN VARIOUS GOVERNMENTAL FINANCIAL AID ASSISTANCE PROGRAMS COMMON TO COLLEGES AND UNIVERSITIES SUCH AS NATIONAL DIRECT STUDY LOAN PROGRAM, TITLE II LIBRARY GRANT PROGRAM, BASIC EDUCATIONAL OPPORTUNITY GRANTS, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, AND WORK STUDY PROGRAMS. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (3 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|
| PINE MANOR'S PORTION OF INTERNAL AID | 312 | 3168943 | FMV | STUDENT AID |
| NSF GRANT SCHOLARSHIPS | 11 | 83330 | FMV | STUDENT AID |
| ALUMNI SCHOLARSHIP | 2 | 1000 | FMV | STUDENT AID |
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: THE COLLEGE RECORDS AND TRACKS GRANTS AND ASSISTANCE. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | X | WrittenEmploymentContract |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | GLORIA NEMEROWICZ | NamePerson |
| Base Compensation Filing Org | 0 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 315042 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 2911 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 317953 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASS DEVELOPMENT FINANCE AGENCY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 043431814 | IssuerEIN |
| Date Issued | 2008-07-01 | DateIssued |
| Issue Price | 7500000 | IssuePrice |
| Description Of Purpose | CAPITAL IMPROVEMENTS | 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) |
|---|---|---|
| Amount Retired | 682140 | AmountRetired |
| Total Proceeds | 7500000 | TotalProceeds |
| Issuance Costs From Proceeds | 153985 | IssuanceCostsFromProceeds |
| Capital Expenditures | 7346015 | CapitalExpenditures |
| Year Of Subst Completion | 2010 | YearOfSubstCompletion |
| Current Refunding | 0 | 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) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 0 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 1 | ExceptionToRebate |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DAVID J MURPHY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | SON OF A BOARD MEMBER | Relationship |
| Amount Of Transaction | 18773 | AmountOfTransaction |
| Description Of Transaction | THE SON OF A MEMBER OF THE COLLEGE'S BOARD OF TRUSTEES IS AN ATTORNEY WITH A LAW FIRM THAT PROVIDES LEGAL COUNSEL TO THE COLLEGE. | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 6 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 60978 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MEAN VALUE ON DATE RECEI | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | SALE OF NON-CASH CONTRIBUTIONS ARE HANDLED BY THE SCHOOL'S INVESTMENT ADVISOR. NON-CASH ITEMS WERE LIMITED TO SECURITIES CONTRIBUTIONS. THE INVESTMENT POLICY REQUIRES SECURITIES GIFTS TO BE SOLD IMMEDIATELY. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE DIRECTOR OF FINANCE AND CONTROLLER REVIEWED THE FORM 990 IN DETAIL. THE BOARD CHAIR, BOARD TREASURER AND THE FINANCE COMMITTEE REVIEWED THE FORM 990 IN DETAIL. THE FORM 990 WAS PROVIDED TO THE BOARD FOR REVIEW BEFORE FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE COLLEGE HAS AN ESTABLISHED CONFLICT OF INTEREST POLICY REQUIRING DISCLOSURE OF INDIVIDUAL, FAMILY OR A RELATED ENTITY WHICH ARE ADVERSE TO THE COLLEGE; THE PARTY IS IN A POSITION TO INFLUENCE A DECISION BENEFITING THE PARTY; DIRECT OR INDIRECT INVESTMENT INTEREST WHICH MAY IMPAIR INDEPENDENCE OR FINANCIAL INTEREST WHICH COULD BENEFIT BY A DECISION OR OPERATIONS OF THE COLLEGE. THERE IS A POLICY WHICH IS DISTRIBUTED TO OFFICERS, TRUSTEES AND KEY EMPLOYEES WHICH REQUIRES IT BEING SIGNED AND RETURNED ANNUALLY. | |
| FORM 990, PART VI, SECTION B, LINE 15A | THE PRESIDENT HAS A CONTRACT WITH THE COLLEGE. THE EXECUTIVES RECEIVE THE SAME RATE INCREASES AS STAFF MEMBERS. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION, WHEN REQUESTED. THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE A-133 WEB SITE AND TAX RETURNS ARE AVAILABLE ON GUIDESTAR. | |
| FORM 990, PART XI, LINE 5: | UNREALIZED LOSS ON INVESTMENTS -351,620. UNREALIZED LOSS ON CARRYING VALUE OF INTEREST RATE SWAP CONTRACT -51,360. TOTAL TO FORM 990, PART XI, LINE 5: -402,980. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XII, LINE 2C | THERE IS AN AUDIT COMMITTEE, WHICH IS A SUB GROUP OF THE FINANCE COMMITTEE THAT OVERSEES THE AUDIT PROCESS. THE FULL BOARD VOTES TO ENGAGE THE AUDITORS ANNUALLY. |
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