CANEY CREEK COMMUNITY CENTER: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- CANEY CREEK COMMUNITY CENTER (EIN 61-0492351)
- Tax period
- 2024-08-01 to 2025-07-31
- Filed
- 2026-02-10
- IRS object ID
- 202600419349300310
- Schema version
- 2024v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-02-10T09:25:14-05:00 | ReturnTs |
| Tax Period End | 2025-07-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 611129886 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KELLEY GALLOWAY SMITH GOOLSBY PSC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 CORPORATE COURT PO BOX 990 | AddressLine1Txt |
| City | ASHLAND | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 411050990 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-08-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 610492351 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALICE LLOYD COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ALIC | BusinessNameControlTxt |
| Phone | 6063682101 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 PURPOSE ROAD | AddressLine1Txt |
| City | PIPPA PASSES | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 41844 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JESSIE WILKS | PersonNm |
| Person Title | V.P. BUSINESS AFFAIR | PersonTitleTxt |
| Phone | 6063686031 | PhoneNum |
| Signature | 2026-02-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LORI F DEARFIELD CPA | PreparerPersonNm |
| PTIN | P00846508 | PTIN |
| Phone | 6063291811 | PhoneNum |
| Preparation | 2026-02-06 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JESSIE WILKS | PrincipalOfficerNm |
| Gross Receipts | $53,330,028 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.ALC.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1922 | FormationYr |
| Legal Domicile State | KY | LegalDomicileStateCd |
| Activity Or Mission | THE MISSION OF ALICE LLOYD COLLEGE IS TO EDUCATE MOUNTAIN PEOPLE FOR POSITIONS OF LEADERSHIP BY MAKING AN ALICE LLOYD COLLEGE EDUCATION ACCESSIBLE TO QUALIFIED MOUNTAIN STUDENTS REGARDLESS OF THEIR FINANCIAL SITUATION. THE COLLEGE PROVIDES A HIGH-QUALITY ACADEMIC PROGRAM WITH A STRONG EMPHASIS ON THE LIBERAL ARTS AND PROMOTES A WORK ETHIC THROUGH ITS SELF-HELP STUDENT WORK PROGRAM, IN WHICH ALL FULL-TIME STUDENTS PARTICIPATE. ALICE LLOYD COLLEGE FOSTERS AN ATMOSPHERE WHERE CHRISTIAN VALUES ARE UPHELD, ENCOURAGING HIGH PERSONAL STANDARDS AND CHARACTER DEVELOPMENT. ADDITIONALLY, THE COLLEGE SERVES THE COMMUNITY AND REGION THROUGH OUTREACH PROGRAMS THAT EMBRACE THE PHILOSOPHY OF MOUNTAIN PEOPLE HELPING MOUNTAIN PEOPLE. ALICE LLOYD COLLEGE SUPPORTS DESERVING STUDENTS IN PURSUING ADVANCED STUDY BEYOND THEIR PROGRAM AT THE COLLEGE AND AIMS TO PRODUCE LEADERS FOR APPALACHIA WHO EMBODY HIGH MORAL AND ETHICAL VALUES, SELF-RELIANCE, AND A COMMITMENT TO SERVING OTHERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 23 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 23 | VotingMembersIndependentCnt |
| Total Employee | 287 | TotalEmployeeCnt |
| Total Volunteers | 208 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $15,985,045 | PYContributionsGrantsAmt |
| CY Contributions Grants | $26,483,653 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $10,763,316 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $11,306,701 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,512,362 | PYInvestmentIncomeAmt |
| CY Investment Income | $6,816,722 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$206,614 | PYOtherRevenueAmt |
| CY Other Revenue | -$378,606 | CYOtherRevenueAmt |
| PY Total Revenue | $30,054,109 | PYTotalRevenueAmt |
| CY Total Revenue | $44,228,470 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,896,156 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,739,572 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $8,107,956 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $8,251,468 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,673,931 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $10,885,862 | PYOtherExpensesAmt |
| CY Other Expenses | $13,229,959 | CYOtherExpensesAmt |
| PY Total Expenses | $21,889,974 | PYTotalExpensesAmt |
| CY Total Expenses | $24,220,999 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $8,164,135 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $20,007,471 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $166,312,674 | TotalAssetsBOYAmt |
| Total Assets EOY | $192,471,009 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $4,467,256 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,797,915 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $161,845,418 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $188,673,094 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF ALICE LLOYD COLLEGE IS TO EDUCATE MOUNTAIN PEOPLE FOR POSITIONS OF LEADERSHIP BY MAKING AN ALICE LLOYD COLLEGE EDUCATION ACCESSIBLE TO QUALIFIED MOUNTAIN STUDENTS REGARDLESS OF THEIR FINANCIAL SITUATION. THE COLLEGE PROVIDES A HIGH-QUALITY ACADEMIC PROGRAM WITH A STRONG EMPHASIS ON THE LIBERAL ARTS AND PROMOTES A WORK ETHIC THROUGH ITS SELF-HELP STUDENT WORK PROGRAM, IN WHICH ALL FULL-TIME STUDENTS PARTICIPATE. ALICE LLOYD COLLEGE FOSTERS AN ATMOSPHERE WHERE CHRISTIAN VALUES ARE UPHELD, ENCOURAGING HIGH PERSONAL STANDARDS AND CHARACTER DEVELOPMENT. ADDITIONALLY, THE COLLEGE SERVES THE COMMUNITY AND REGION THROUGH OUTREACH PROGRAMS THAT EMBRACE THE PHILOSOPHY OF MOUNTAIN PEOPLE HELPING MOUNTAIN PEOPLE. ALICE LLOYD COLLEGE SUPPORTS DESERVING STUDENTS IN PURSUING ADVANCED STUDY BEYOND THEIR PROGRAM AT THE COLLEGE AND AIMS TO PRODUCE LEADERS FOR APPALACHIA WHO EMBODY HIGH MORAL AND ETHICAL VALUES, SELF-RELIANCE, AND A COMMITMENT TO SERVING OTHERS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $3,680,876 | ExpenseAmt |
| Grant | $344,092 | GrantAmt |
| Desc | INSTRUCTION ALICE LLOYD COLLEGE (ALC) HAD AN ENROLLMENT OF 561 STUDENTS FOR THE 2023- 2024 ACADEMIC YEAR, COMPRISING 524 FULL-TIME AND 11 PART-TIME STUDENTS. FULL-TIME STUDENTS FROM THE COLLEGE'S 108-COUNTY SERVICE AREA-WHICH INCLUDES PARTS OF KENTUCKY, OHIO, TENNESSEE, VIRGINIA, AND WEST VIRGINIA- ARE GUARANTEED NO OUT-OF-POCKET COSTS FOR TUITION. ALC IS ONE OF ONLY TEN WORK COLLEGES IN THE NATION THAT REQUIRES ALL FULL-TIME STUDENTS TO WORK AS A CONDITION FOR ENROLLMENT EACH YEAR, THE COLLEGE SUPPORTS MANY ALUMNI AT GRADUATE AND PROFESSIONAL SCHOOLS THROUGH ITS GATTON-WINSTON SCHOLARS PROGRAM (FORMERLY KNOWN AS CANEY SCHOLARS). THIS YEAR, FIFTY-FOUR GATTON-WINSTON SCHOLARS ARE PURSUING DEGREES. FOR THE 2025-2026 ACADEMIC YEAR (THIRTY-SEVEN RETURNING SCHOLARS AND SEVENTEEN NEW SCHOLARS). THE TOP AREAS OF STUDY FOR OUR SCHOLARS ARE: 17 - PHARMACY, 9 - MEDICAL, 6 - PHYSICAL THERAPY, 3 - NURSING, COMMUNICATION, AND LAW, 2 - DENTISTRY, PHYSICIAN ASSISTANT, OPTOMETRY, AND OCCUPATIONAL THERAPY, AS WELL AS 1 - BIOMEDICAL STUDIES, ENGINEERING, CHEMISTRY, ENGLISH AND CHIROPRACTIC. OVER THE COURSE OF THE YEAR TWENTY- FOUR GATTON-WINSTON SCHOLARS WILL BE RESIDING AT GATTON-WINSTON HALL, OTHERWISE KNOWN AS THE CANEY COTTAGE IN LEXINGTON, KENTUCKY. THIRTEEN SCHOLARS COMPLETED THEIR PROGRAMS OF STUDY DURING THE 2024-2025 ACADEMIC YEAR. ALICE LLOYD COLLEGE PROVIDED SIGNIFICANT FINANCIAL SUPPORT TO ITS STUDENTS DURING THE 2024-2025 FISCAL YEAR, DISTRIBUTING 2,896,156 IN INSTITUTIONAL LEADERSHIP GRANTS AND 309,511 IN INSTITUTIONAL STUDENT WORK GRANTS. THESE INITIATIVES UNDERSCORE THE COLLEGE'S COMMITMENT TO MAKING HIGHER EDUCATION ACCESSIBLE AND AFFORDABLE FOR ITS STUDENTS. IN MAY 2025, THE COLLEGE CELEBRATED THE GRADUATION OF 91 STUDENTS. OF THESE GRADUATES, 41 PERCENT COMPLETED THEIR EDUCATION WITHOUT INCURRING ANY STUDENT LOAN DEBT, WHILE THE REMAINING 59 PERCENT GRADUATED WITH AN AVERAGE DEBT OF 9,357-A TESTAMENT TO THE COLLEGE'S EFFORTS TO MINIMIZE FINANCIAL BURDENS. FURTHERMORE, RESEARCH CONDUCTED BY THE OFFICE OF ALUMNI RELATIONS INDICATES THAT APPROXIMATELY 80 PERCENT OF ALICE LLOYD COLLEGE GRADUATES GO ON TO SERVE THE APPALACHIAN REGION, REFLECTING THE INSTITUTION'S MISSION TO PRODUCE LEADERS DEDICATED TO UPLIFTING THEIR COMMUNITIES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,369,497 | ExpenseAmt |
| Grant | $210,444 | GrantAmt |
| Desc | AUXILIARY ALICE LLOYD COLLEGE'S AUXILIARY SERVICES ENCOMPASS HOUSING, THE MEAL PLAN, THE CAMPUS BOOKSTORE, CONCESSIONS, AND THE CAF. THE CAMPUS HAS A HOUSING CAPACITY FOR 650 STUDENTS, WITH 500 STUDENTS LIVING IN DORMS DURING FALL 2024. IN SPRING 2023, THE COLLEGE DISCONTINUED ITS CONTRACT WITH AN ONLINE BOOK RETAILER TO TRANSITION TO OPEN EDUCATIONAL RESOURCES (OER). OER OFFERS FREE AND ACCESSIBLE TEACHING, LEARNING, AND RESEARCH MATERIALS IN THE PUBLIC DOMAIN OR UNDER LICENSES THAT ALLOW USE AND ADAPTATION, HELPING TO KEEP COSTS MINIMAL FOR STUDENTS. TO FURTHER SUPPORT THIS INITIATIVE, THE COLLEGE ALLOCATED 100,000, APPROVED BY THE BOARD OF DIRECTORS IN FALL 2023, TO PURCHASE TEXTBOOKS FOR COURSES WHERE OER OPTIONS ARE UNAVAILABLE. THE JUNE BUCHANAN SCHOOL (JBS) REPORTED AN ENROLLMENT OF 118 STUDENTS FOR FALL 2025, WITH 32 OF THESE STUDENTS ENROLLED IN ALICE LLOYD COLLEGE COURSES FOR THE SEMESTER. THROUGH THE CANEY HONORS ACHIEVEMENT PROGRAM (CHAP), JBS STUDENTS HAVE THE OPPORTUNITY TO CHALLENGE THEMSELVES ACADEMICALLY BY EARNING COLLEGE CREDITS WHILE STILL IN HIGH SCHOOL. THIS PROGRAM ENHANCES THEIR LEARNING EXPERIENCE AND HELPS THEM PREPARE FOR HIGHER EDUCATION. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,236,096 | ExpenseAmt |
| Grant | $384,435 | GrantAmt |
| Desc | STUDENT SERVICES ALICE LLOYD COLLEGE OFFERS A WIDE RANGE OF STUDENT SERVICES DESIGNED TO ENHANCE THE STUDENT EXPERIENCE AND SUPPORT PERSONAL AND ACADEMIC GROWTH. THESE PROGRAMS INCLUDE LEADERSHIP DEVELOPMENT, EDUCATION, ATHLETICS, INTRAMURAL SPORTS, COUNSELING, CAREER PLACEMENT, AND A STUDENT ACTIVITIES BOARD THAT ORGANIZES A COMPREHENSIVE ACTIVITY CALENDAR EACH SEMESTER. ADDITIONALLY, THE COLLEGE PROVIDES DINING AND DORMITORY FACILITIES TO SUPPORT CAMPUS LIFE. THE FIRST-YEAR FOUNDATIONS PROGRAM ASSISTS STUDENTS IN TRANSITIONING FROM HIGH SCHOOL TO COLLEGE, WHILE THE CONVOCATION SERIES ENRICHES THEIR EDUCATIONAL JOURNEY THROUGH GUEST LECTURES AND CULTURAL EVENTS. THE COLLEGE ALSO MAINTAINS A CAMPUS POLICE DEPARTMENT TO ENSURE SAFETY AND SECURITY, ALONG WITH ORIENTATIONS IN THE SUMMER AND FALL TO HELP STUDENTS ACCLIMATE TO COLLEGE LIFE. TOGETHER, THESE SERVICES REFLECT THE COLLEGE'S COMMITMENT TO FOSTERING A WELL-ROUNDED, SUPPORTIVE, AND ENGAGING ENVIRONMENT FOR ITS STUDENTS. CONSTRUCTION PROJECTS/CAMPUS IMPROVEMENTS SINCE THE BEGINNING OF 2023, ALICE LLOYD COLLEGE HAS COMPLETED SEVERAL SIGNIFICANT CAPITAL PROJECTS, ENHANCING CAMPUS INFRASTRUCTURE AND FOSTERING A BETTER ENVIRONMENT FOR STUDENTS AND THE COMMUNITY-ALL ACHIEVED WITHOUT INCURRING ANY DEBT. AMONG THESE PROJECTS IS THE COMPLETION OF HOLMES HALL, THE SECOND AND FINAL WOMEN'S RESIDENCE HALL ON CAMPUS, WHICH PROVIDES MODERN AND COMFORTABLE ACCOMMODATIONS FOR FEMALE STUDENTS. THIS MILESTONE REPRESENTS A KEY ACHIEVEMENT IN THE COLLEGE'S RESIDENTIAL EXPANSION PLAN, WITH THE TOTAL COST FOR THE WOMEN'S RESIDENCE HALLS AMOUNTING TO 19 MILLION. ADDITIONALLY, THE COLLEGE COMPLETED THE CHAPEL BELL TOWER, A STUNNING ARCHITECTURAL CENTERPIECE THAT SYMBOLIZES THE COLLEGE'S VALUES AND TRADITIONS WHILE ENHANCING THE CAMPUS'S SPIRITUAL AND COMMUNAL ATMOSPHERE. THIS PROJECT WAS COMPLETED AT A COST OF 1.3 MILLION. IN RESPONSE TO THE CATASTROPHIC FLOOD OF 2022, THE COLLEGE ALSO UNDERTOOK A COMPREHENSIVE 8 MILLION STREAM MITIGATION PROJECT TO RESTORE AND STRENGTHEN THE AFFECTED AREAS. THIS INITIATIVE INVOLVED CONSTRUCTING RETAINING WALLS, INSTALLING SAFETY FENCING, AND LAYING NEW ASPHALT TO REPAIR PATHWAYS AND ROADWAYS DAMAGED BY THE FLOOD. THE PROJECT NOT ONLY RESTORED THE CAMPUS BUT ALSO IMPROVED ITS RESILIENCE AGAINST FUTURE ENVIRONMENTAL CHALLENGES. THESE PROJECTS, TOTALING 28.3 MILLION, SHOWCASE ALICE LLOYD COLLEGE'S COMMITMENT TO PROVIDING A SAFE, INSPIRING, AND HIGH- QUALITY ENVIRONMENT FOR ITS STUDENTS AND THE WIDER COMMUNITY, WHILE MAINTAINING ITS LONGSTANDING TRADITION OF FISCAL RESPONSIBILITY. OVER THE PAST YEAR, THE COLLEGE HAS CONTINUED MAKING SIGNIFICANT UPGRADES TO BOTH HOWARD HALL AND BERGER HALL, FOCUSING ON IMPROVING STUDENT SAFETY, FUNCTIONALITY, AND LONG-TERM ASSET PRESERVATION. THE PROJECT HAS INCLUDED TARGETED UPGRADES TO THE BUILDING ENVELOPE, EXTERIOR FINISHES, AND RELATED STRUCTURAL COMPONENTS, ADDRESSING DEFERRED MAINTENANCE ISSUES AND ENHANCING THE OVERALL DURABILITY OF THE FACILITIES. THESE IMPROVEMENTS SUPPORT THE COLLEGE'S MISSION BY PROVIDING SAFE, WELL-MAINTAINED RESIDENTIAL HOUSING FOR STUDENTS WHILE EXTENDING THE USEFUL LIFE OF CAMPUS INFRASTRUCTURE AND REDUCING FUTURE MAINTENANCE NEEDS. THROUGHOUT THE FISCAL YEAR, APPROXIMATELY 1.7 MILLION WAS INVESTED IN THESE IMPROVEMENTS, WITH TOTAL BUILDING RENOVATIONS PROJECTED TO REACH APPROXIMATELY 3 MILLION UPON COMPLETION IN FISCAL YEAR 2026-2027. COMMUNITY SERVICE PROJECTS ALICE LLOYD COLLEGE'S CAMPUS MINISTRY, ACADEMIC FRATERNITY PHI BETA LAMBDA (PBL), ATHLETICS, AND STUDENT SERVICES COLLABORATED THROUGHOUT THE YEAR TO ADDRESS COMMUNITY NEEDS AND PROVIDE IMPACTFUL OUTREACH. PHI BETA LAMBDA SIGNIFICANTLY EXPANDED ITS "SACK PACK" PROGRAM, INCREASING THE NUMBER OF WEEKLY FOOD DELIVERIES TO LOCAL NEEDY ELEMENTARY STUDENTS FROM 30 TO 60. ADDITIONALLY, PBL BEGAN SUPPORTING A SECOND SCHOOL, ENSURING EVEN MORE CHILDREN RECEIVED NECESSARY RESOURCES. DURING THE 2024-2025 ACADEMIC YEAR, FBLA COLLEGIATE ACTIVELY ENGAGED IN SEVERAL IMPACTFUL COMMUNITY SERVICE PROJECTS. FROM AUGUST 2024 TO MAY 2025, THE ORGANIZATION SUSTAINED ITS POWER UP WITH NUTRITION PROGRAM, DONATING 60 BAGS OF FOOD WEEKLY TO SUPPORT LOCAL NEEDY ELEMENTARY STUDENTS. THE CONTINUATION OF THIS VITAL INITIATIVE WAS MADE POSSIBLE BY SECURING A DONOR. ALL TEN FBLA MEMBERS PARTICIPATED IN THE PROGRAM. IN OCTOBER 2024, FBLA HOSTED A BREAST CANCER AWARENESS CAMPAIGN, DURING WHICH STUDENTS DONATED MONEY TO WEAR JEANS TO A CONVOCATION PROGRAM. THE CAMPAIGN SUCCESSFULLY RAISED 308.97 FOR THE AMERICAN CANCER SOCIETY. BEYOND THESE INITIATIVES, THE COLLEGE COMMUNITY ACTIVELY ENGAGED IN OTHER SERVICE PROJECTS, INCLUDING HOSTING BLOOD DRIVES AND PARTICIPATING IN ANIMAL SHELTER CLEANUP EFFORTS. THESE ACTIVITIES EXEMPLIFY ALICE LLOYD COLLEGE'S COMMITMENT TO SERVING THE COMMUNITY AND FOSTERING A CULTURE OF CIVIC RESPONSIBILITY AND COMPASSION AMONG ITS STUDENTS. ALICE LLOYD COLLEGE'S CAMPUS MINISTRIES CONTINUES TO UPHOLD THE INSTITUTION'S CHRISTIAN-BASED PHILOSOPHY, EMPHASIZING THE PROMOTION OF CHRISTIAN PRINCIPLES AND VALUES. OPEN TO ALL DENOMINATIONS, CAMPUS MINISTRIES OFFERS AN ACTIVE STUDENT MINISTRY PROGRAM THAT FOSTERS SPIRITUAL GROWTH AND COMMUNITY ENGAGEMENT. THROUGHOUT THE YEAR, THE MINISTRY UNDERTOOK SEVERAL OUTREACH INITIATIVES, INCLUDING PERIODIC VISITS TO LOCAL NURSING HOMES. DURING THESE VISITS, STUDENTS ENGAGED WITH RESIDENTS THROUGH ACTIVITIES SUCH AS BINGO, BIBLE TRIVIA GAMES, AND SINGING. ADDITIONALLY, THEY DISTRIBUTED CROSSWORD PUZZLES, WORD SEARCHES, AND MAGAZINES TO PROVIDE ENTERTAINMENT AND COMPANIONSHIP. ALICE LLOYD COLLEGE HAS A LONG-STANDING TRADITION OF SUPPORTING OPERATION CHRISTMAS CHILD (OCC), THE INTERNATIONAL SHOEBOX MINISTRY RUN BY SAMARITAN'S PURSE THAT DELIVERS GIFT-FILLED SHOEBOXES TO CHILDREN AROUND THE WORLD TO SHARE JOY AND THE MESSAGE OF THE GOSPEL. AT THE COLLEGE, THE CRUSADERS IN ACTION AND OTHER STUDENT GROUPS PARTNER COLLECT AND FILL HUNDREDS OF SHOEBOXES EACH YEAR WITH TOYS, SCHOOL SUPPLIES, HYGIENE ITEMS, AND OTHER SMALL GIFTS FOR CHILDREN IN NEED. ALICE LLOYD COLLEGE SERVES AS AN OFFICIAL OCC DROP-OFF SITE DURING THE ANNUAL COLLECTION SEASON, WELCOMING DONORS WHO BRING THEIR PACKED SHOEBOXES AND HELPING TO GATHER, COUNT, AND PREPARE THEM FOR SHIPMENT TO PROCESSING CENTERS AS PART OF THE NATIONWIDE EFFORT. THROUGH THIS ROLE-BOTH AS A DROP-OFF LOCATION AND A HUB FOR PACKING EFFORTS-ALC DEMONSTRATES A STRONG COMMITMENT TO SERVICE AND OUTREACH WHILE GIVING STUDENTS AND COMMUNITY MEMBERS A HANDS-ON WAY TO PARTICIPATE IN A MINISTRY THAT REACHES CHILDREN GLOBALLY. WORK-STUDY COMPLETED 43,039 WORK HOURS IN AREAS DESIGNATED COMMUNITY SERVICE POSITIONS. 33,774 HOURS WERE DESIGNATED WORK COLLEGE WORK-STUDY AND FEDERAL WORK-STUDY, WHILE 9,265 HOURS WERE PAID WITH INSTITUTIONAL DOLLARS. COMMUNITY SERVICE JOBS INCLUDE THE JUNE BUCHANAN SCHOOL, THE CHILD DEVELOPMENT CENTER, THE LIBRARY, THE CRAFT SHOP & CHRISTMAS PRETTIES PROGRAM, MARKETING, BOTH THE HUNGER DIN AND MISS IRMA'S CAF, AS WELL AS TALON'S TREATS. WE ARE ALSO REQUIRED TO EMPLOY STUDENTS AS READING AND MATH TUTORS AND THOSE STUDENTS COMPLETED 1,257 HOURS IN THOSE AREAS. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $9,489,729 | ExpenseAmt |
| Grant | $3,077,258 | GrantAmt |
| Desc | ACADEMIC EXPENSES 5,361,270. INCLUDING GRANTS OF 79,741. REVENUE 0. JUNE BUCHANAN EXPENSES 1,252,717. INCLUDING GRANTS OF 56,429. REVENUE 0. STUDENT AID EXPENSES 2,739,572, INCLUDING GRANTS OF 2,739,572. REVENUE 0. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $9,489,729 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $3,077,258 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $19,776,198 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (true) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (true) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 849 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 287 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 23 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 23 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JESSIE WILKS ALICE LLOYD COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6063686031 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 PURPOSE ROAD | AddressLine1Txt |
| City | PIPPA PASSES | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 41844 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Key EmployeeKeyEmployeeInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| JIM STEPP | ||||||||
| PRESIDENT | 70.00 | Yes (X) | $192,000 | $0 | $12,406 | |||
| JESSIE WILKS | ||||||||
| V.P. BUSINES | 50.00 | $92,824 | $0 | $48,975 | Yes (X) | |||
| JOE STEPP | ||||||||
| CHANCELLOR | 70.00 | $103,846 | $0 | $27,000 | Yes (X) | |||
| JAMES AYERS | ||||||||
| MEMBER | $0 | $0 | $0 | Yes (X) | ||||
| DWIGHT J BAUM | ||||||||
| MEMBER | $0 | $0 | $0 | Yes (X) | ||||
| ROBERT DUNCAN | ||||||||
| CHAIRMAN | $0 | $0 | $0 | Yes (X) | Yes (X) | |||
| DR JERRY DAVIS | ||||||||
| MEMBER | $0 | $0 | $0 | Yes (X) | ||||
| JERRY L EDWARDS | ||||||||
| MEMBER | $0 | $0 | $0 | Yes (X) | ||||
| JULIE DAVIS HOPKINS | ||||||||
| MEMBER | $0 | $0 | $0 | Yes (X) | ||||
| CHARLES HUGHES | ||||||||
| MEMBER | $0 | $0 | $0 | Yes (X) | ||||
| GEORGE NICHOLS III | ||||||||
| MEMBER | $0 | $0 | $0 | Yes (X) | ||||
| WILLIAM J REIK JR | ||||||||
| MEMBER | $0 | $0 | $0 | Yes (X) | ||||
| KIMBERLY JONES | ||||||||
| MEMBER | $0 | $0 | $0 | Yes (X) | ||||
| HILDA G LEGG-POTTER | ||||||||
| MEMBER | $0 | $0 | $0 | Yes (X) | ||||
| LARRY M LESLIE MD | ||||||||
| SECRETARY/TR | $0 | $0 | $0 | Yes (X) | Yes (X) | |||
| RACHEL D MULLINAX | ||||||||
| MEMBER | $0 | $0 | $0 | Yes (X) | ||||
| STEVEN NEIL MIDDLETON | ||||||||
| MEMBER | $0 | $0 | $0 | Yes (X) | ||||
| BEN PARK | ||||||||
| MEMBER | $0 | $0 | $0 | Yes (X) | ||||
| KAREN R SELLERS | ||||||||
| MEMBER | $0 | $0 | $0 | Yes (X) | ||||
| ROBERT W FINLEY SR | ||||||||
| MEMBER | $0 | $0 | $0 | Yes (X) | ||||
| KEVIN SMITH | ||||||||
| MEMBER | $0 | $0 | $0 | Yes (X) | ||||
| PAUL THORNSBERRY | ||||||||
| MEMBER | $0 | $0 | $0 | Yes (X) | ||||
| JANNA P VICE | ||||||||
| MEMBER | $0 | $0 | $0 | Yes (X) | ||||
| HENRY WEBB | ||||||||
| MEMBER | $0 | $0 | $0 | Yes (X) | ||||
| DR ANTHONY YONTS | ||||||||
| VICE CHARIMA | $0 | $0 | $0 | Yes (X) | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $388,670 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $88,381 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| RISING SUN | |||||
| 2555 PALUMBO DRIVE STE 10 | LEXINGTON | KY | 40509 | CONTRACTING | $4,892,665 |
| PIONEER COLLEGE CATERERS INC | |||||
| 25055 W VALLEY PKWY SUITE 120 | OLATHE | KS | 66061 | FOOD SERVICE | $1,079,872 |
| C&T BUILDERS | |||||
| 440 GOBLE BRANCH | PRESTONSBURG | KY | 41653 | CONTRACTING | $420,260 |
| JRA | |||||
| 301 EAST VINE STREET | LEXINGTON | KY | 40507 | CONTRACTING | $316,175 |
| CODELL | |||||
| 4475 ROCKWELL ROAD | WINCHESTER | KY | 40391 | CONTRACTING | $267,088 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 11 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,218,203 | GovernmentGrantsAmt |
| All Other Contributions | $25,265,450 | AllOtherContributionsAmt |
| Noncash Contributions | $778,729 | NoncashContributionsAmt |
| Total Contributions | $26,483,653 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| STUDENT TUITION & FEES | $7,074,527 | $7,074,527 |
| ROOM & BOARD | $3,789,453 | $3,789,453 |
| JUNE BUCHANAN SCHOOL | $300,923 | $300,923 |
| FAC./STAFF HOUSING | $86,912 | $86,912 |
| PRE-SCHOOL TUITION | $54,886 | $54,886 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $11,306,701 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,634,975 | TotalRevenueColumnAmt |
| Exclusion | $4,634,975 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $11,000,973 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,819,226 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,181,747 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,181,747 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,181,747 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $92,963 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $282,332 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$189,369 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$189,369 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| CHANGE IN DISCOUNT & ALLOWANC | $449,818 | $449,818 |
| OTHER AUXILIARY INCOME | $26,010 | $26,010 |
| OTHER INCOME | -$320,447 | -$320,447 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$344,618 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$344,618 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | -$189,237 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $44,228,470 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $13,109,842 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $4,634,975 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,739,572 | TotalAmt |
| Program Services | $2,739,572 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $602,739 | TotalAmt |
| Program Services | $245,494 | ProgramServicesAmt |
| Management And General | $165,245 | ManagementAndGeneralAmt |
| Fundraising | $192,000 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,811,294 | TotalAmt |
| Program Services | $4,763,006 | ProgramServicesAmt |
| Management And General | $812,960 | ManagementAndGeneralAmt |
| Fundraising | $235,328 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,837,435 | TotalAmt |
| Program Services | $1,400,661 | ProgramServicesAmt |
| Management And General | $312,495 | ManagementAndGeneralAmt |
| Fundraising | $124,279 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,765 | TotalAmt |
| Management And General | $23,765 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $298,749 | TotalAmt |
| Program Services | $125,898 | ProgramServicesAmt |
| Management And General | $172,851 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,021 | TotalAmt |
| Management And General | $90,021 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,444,097 | TotalAmt |
| Program Services | $339,900 | ProgramServicesAmt |
| Management And General | $69,009 | ManagementAndGeneralAmt |
| Fundraising | $1,035,188 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,783 | TotalAmt |
| Program Services | $6,785 | ProgramServicesAmt |
| Management And General | $998 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $337,624 | TotalAmt |
| Program Services | $337,624 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $220,462 | TotalAmt |
| Program Services | $122,401 | ProgramServicesAmt |
| Management And General | $63,811 | ManagementAndGeneralAmt |
| Fundraising | $34,250 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,485,467 | TotalAmt |
| Program Services | $4,417,953 | ProgramServicesAmt |
| Management And General | $38,499 | ManagementAndGeneralAmt |
| Fundraising | $29,015 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $569,399 | TotalAmt |
| Management And General | $569,399 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| OPERATION AND MAINTENANCE | $1,745,294 | $1,719,024 | $14,980 | $11,290 |
| OTHER | $1,366,408 | $944,538 | $409,289 | $12,581 |
| FOOD COSTS | $1,000,810 | $1,000,810 | ||
| TELEPHONE | $827,272 | $799,724 | $27,548 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $812,808 | TotalAmt |
| Program Services | $812,808 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,220,999 | TotalAmt |
| Program Services | $19,776,198 | ProgramServicesAmt |
| Management And General | $2,770,870 | ManagementAndGeneralAmt |
| Fundraising | $1,673,931 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,585,769 | BOYAmt |
| EOY | $13,145,281 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $5,550,182 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,393 | BOYAmt |
| EOY | $49,067 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $236,449 | BOYAmt |
| EOY | $373,664 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $112,033,483 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $44,217,245 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,445,844 | BOYAmt |
| EOY | $67,816,238 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $87,663,268 | BOYAmt |
| EOY | $103,545,373 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,353,951 | BOYAmt |
| EOY | $1,991,204 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $166,312,674 | BOYAmt |
| EOY | $192,471,009 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,395,394 | BOYAmt |
| EOY | $2,416,297 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,830 | BOYAmt |
| EOY | $34,683 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,032,032 | BOYAmt |
| EOY | $1,346,935 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,467,256 | BOYAmt |
| EOY | $3,797,915 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $122,234,123 | BOYAmt |
| EOY | $135,536,825 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,611,295 | BOYAmt |
| EOY | $53,136,269 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $161,845,418 | BOYAmt |
| EOY | $188,673,094 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $166,312,674 | BOYAmt |
| EOY | $192,471,009 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $20,007,471 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $6,945,790 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$125,585 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | false | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | false | DirectContactLegislatorsInd |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | Yes (true) | OtherActivitiesInd |
| Other Activities | $5,456 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $5,456 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE C, PART I-A, LINE 1 | FormAndLineReferenceDesc |
| Explanation | GENERAL LOBBYING OF THE US CONGRESS WAS IN SUPPORT OF EDUCATION RELATED TO APPROPRIATIONS AND CONDUCTED THROUGH THE WORK COLLEGE CONSORTIUM LOBBYING SERVICES PROVIDED BY ARENT FOX, LLC OF WHICH ALICE LLOYD COLLEGE'S PORTION WAS 5,455.79. | ExplanationTxt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $70,415,927 | BeginningYearBalanceAmt |
| Contributions | $10,816,482 | ContributionsAmt |
| Grants Or Scholarships | $9,250,005 | GrantsOrScholarshipsAmt |
| End Year Balance | $88,482,414 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $60,561,039 | BeginningYearBalanceAmt |
| Contributions | $1,204,710 | ContributionsAmt |
| Grants Or Scholarships | $10,153,178 | GrantsOrScholarshipsAmt |
| End Year Balance | $70,415,927 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $57,103,324 | BeginningYearBalanceAmt |
| Contributions | $2,129,770 | ContributionsAmt |
| Grants Or Scholarships | $6,081,548 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,206,603 | OtherExpendituresAmt |
| End Year Balance | $60,558,039 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $59,864,522 | BeginningYearBalanceAmt |
| Contributions | $3,953,370 | ContributionsAmt |
| Grants Or Scholarships | -$3,818,580 | GrantsOrScholarshipsAmt |
| Other Expenditures | $895,988 | OtherExpendituresAmt |
| End Year Balance | $57,103,324 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $47,589,491 | BeginningYearBalanceAmt |
| Contributions | $1,192,544 | ContributionsAmt |
| Grants Or Scholarships | $1,948,993 | GrantsOrScholarshipsAmt |
| Other Expenditures | $866,506 | OtherExpendituresAmt |
| End Year Balance | $59,864,522 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.43940 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.56060 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,571,095 | OtherCostOrOtherBasisAmt |
| Book Value | $1,571,095 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $93,152,926 | OtherCostOrOtherBasisAmt |
| Depreciation | $30,696,645 | DepreciationAmt |
| Book Value | $62,456,281 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,074,258 | OtherCostOrOtherBasisAmt |
| Depreciation | $13,520,600 | DepreciationAmt |
| Book Value | $2,553,658 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,235,204 | OtherCostOrOtherBasisAmt |
| Book Value | $1,235,204 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $67,816,238 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER SECURITIES | Desc |
| Book Value | $103,545,373 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $103,545,373 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ANNUITY ADVANCES | Desc |
| Amt | $1,346,935 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,346,935 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $44,510,802 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $282,332 | OtherRevenueAmt |
| Revenue Not Reported | $282,332 | RevenueNotReportedAmt |
| Revenue Subtotal | $44,228,470 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $44,228,470 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $24,503,331 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $282,332 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $282,332 | ExpensesNotReportedAmt |
| Expenses Subtotal | $24,220,999 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $24,220,999 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 2, PART V, LINE 4 | ALICE LLOYD COLLEGE PROVIDES A LIBERAL ARTS EDUCATION TO STUDENTS FROM A 108 COUNTY AREA IN APPALACHIA. A MAJORITY OF STUDENTS ATTENDING ALICE LLOYD COLLEGE ARE FIRST GENERATION STUDENTS WITH LIMITED RESOURCES TO ATTEND INSTITUTIONS OF HIGHER EDUCATION. ALICE LLOYD COLLEGE DEPENDS UPON DONATIONS AND THE ENDOWMENT TO HELP STUDENTS FINANCIALLY THROUGH THE COLLEGE LEADERSHIP SCHOLARSHIP. STUDENTS ATTENDING ALICE LLOYD COLLEGE FROM THE 108 COUNTY AREA IN APPALACHIA PAY 0 TUITION. THE COLLEGE ENDOWMENT IS PREDOMINANTLY USED TO FUND ALICE LLOYD COLLEGE'S LEADERSHIP AND OTHER SCHOLARSHIPS WHICH TOTALED IN EXCESS OF 2.7 MILLION IN FISCAL YEAR 2024-2025 AND WAS APPLIED TOWARDS THE COST OF TUITION. THE ENDOWMENT ALLOWS ALICE LLOYD COLLEGE TO ASSIST STUDENTS IN MAINTAINING A LOW GRADUATION DEBT. THE LAST SEVERAL YEARS ALICE LLOYD COLLEGE HAS RANKED AT OR NEAR THE TOP NATIONALLY IN LOW STUDENT DEBT. |
| SCHEDULE D, PAGE 4, PART XI, LINE 2D | BOOKSTORE COST OF GOODS SOLD 282,332 |
| SCHEDULE D, PAGE 4, PART XII, LINE 2D | BOOKSTORE COST OF GOODS SOLD 282,332 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, LINE 3 | COLLEGE CATALOG; PUBLISHED IN AREA NEWSPAPERS, RADIO AND TELEVISION ADVERTISEMENT; POLICIES ARE ALSO PUBLISHED AT SUMMER ORIENTATION FOR STUDENTS AND FAMILIES. |
| SCHEDULE E, LINE 6 | THE COLLEGE RECEIVES FINANCIAL AID FOR ITS STUDENTS UNDER TITLE IV FINANCIAL AID PROGRAMS: PELL, FCWS, SEOG, AND STUDENT LOANS. THE COLLEGE ADHERES TO ALL POLICIES AND PROCEDURES FOR THE RECORDING AND DISBURSEMENT OF SUCH FUNDS. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | false | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIP/STUDENT AID | GrantTypeTxt |
| Recipient | 595 | RecipientCnt |
| Cash Grant | $2,739,572 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE I, PAGE 1, PART I, LINE 2 | STUDENT FINANCIAL AID PROCEDURES TYPICALLY FOLLOWED BY COLLEGES IN THE UNITED STATES USING FAFSA AND THE COLLEGE'S FINANCIAL AID APPLICATION CRITERIA. FEDERAL GRANTS ARE SUBJECT TO THE SINGLE AUDIT ACT OF THE UNITED STATES. |
| SCHEDULE I, PAGE 4, PART IV | SCHEDULE I, PART III- SCHOLARSHIPS/STUDENT AID GRANTS - INCLUDES PRIMARILY ROOM AND BOARD, BOOKS AND SUPPLIES ASSISTANCE. THE AMOUNT OF TUITION SCHOLARSHIPS/STUDENT AID FOR THE YEAR WAS 2,739,572. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JIM STEPP | PersonNm |
| Title | PRESIDENT | TitleTxt |
| Base Compensation Filing Org | $192,000 | BaseCompensationFilingOrgAmt |
| Deferred Compensation Flng Org | $12,406 | DeferredCompensationFlngOrgAmt |
| Total Compensation Filing Org | $204,406 | TotalCompensationFilingOrgAmt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|
| ROBERT FINLEY- OPPENHEIMER | ||
| BOARD MEMBER | ROBERT FINLEY | false |
| JAMES O STEPP | ||
| PRESIDENT | JAMES O. STEPP | false |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE L, PART V | FormAndLineReferenceDesc |
| Explanation | PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: ROBERT FINLEY - OPPENHEIMER & COMPANY (D) DESCRIPTION OF TRANSACTION: ROBERT FINLEY IS A PAID BROKER/INVESTMENT ADVISOR FOR THE COLLEGE THROUGH OPPENHEIMER & COMPANY. ROBERT FINLEY, BOARD MEMBER, IS AN EMPLOYEE OF OPPENHEIMER & COMPANY WHO HANDLES THE COLLEGE'S INVESTMENTS. (A) NAME OF PERSON: JAMES O. STEPP (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: PRESIDENT (D) DESCRIPTION OF TRANSACTION: JAMES O. STEPP RECEIVES TAXABLE COMPENSATION FROM THE COLLEGE AS THE EXECUTIVE VICE PRESIDENT AND HAS BEEN EMPLOYED WITH THE COLLEGE SINCE 1985 AND IS THE BROTHER TO THE CHANCELLOR, JOE A. STEPP. W-2 WAGES FOR 2024 WERE 192,000. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 18 | ContributionCnt |
| Method Of Determining Revenues | NYSE AND NASDAQ | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 12 | ContributionCnt |
| Noncash Contributions Rpt F990 | $778,729 | NoncashContributionsRptF990Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE MISSION OF ALICE LLOYD COLLEGE IS TO EDUCATE MOUNTAIN PEOPLE FOR POSITIONS OF LEADERSHIP BY MAKING AN ALICE LLOYD COLLEGE EDUCATION ACCESSIBLE TO QUALIFIED MOUNTAIN STUDENTS REGARDLESS OF THEIR FINANCIAL SITUATION. THE COLLEGE PROVIDES A HIGH-QUALITY ACADEMIC PROGRAM WITH A STRONG EMPHASIS ON THE LIBERAL ARTS AND PROMOTES A WORK ETHIC THROUGH ITS SELF-HELP STUDENT WORK PROGRAM, IN WHICH ALL FULL-TIME STUDENTS PARTICIPATE. ALICE LLOYD COLLEGE FOSTERS AN ATMOSPHERE WHERE CHRISTIAN VALUES ARE UPHELD, ENCOURAGING HIGH PERSONAL STANDARDS AND CHARACTER DEVELOPMENT. ADDITIONALLY, THE COLLEGE SERVES THE COMMUNITY AND REGION THROUGH OUTREACH PROGRAMS THAT EMBRACE THE PHILOSOPHY OF MOUNTAIN PEOPLE HELPING MOUNTAIN PEOPLE. ALICE LLOYD COLLEGE SUPPORTS DESERVING STUDENTS IN PURSUING ADVANCED STUDY BEYOND THEIR PROGRAM AT THE COLLEGE AND AIMS TO PRODUCE LEADERS FOR APPALACHIA WHO EMBODY HIGH MORAL AND ETHICAL VALUES, SELF-RELIANCE, AND A COMMITMENT TO SERVING OTHERS. |
| FORM 990, PAGE 2, PART III, LINE 4A | INSTRUCTION ALICE LLOYD COLLEGE (ALC) HAD AN ENROLLMENT OF 561 STUDENTS FOR THE 2023- 2024 ACADEMIC YEAR, COMPRISING 524 FULL-TIME AND 11 PART-TIME STUDENTS. FULL-TIME STUDENTS FROM THE COLLEGE'S 108-COUNTY SERVICE AREA-WHICH INCLUDES PARTS OF KENTUCKY, OHIO, TENNESSEE, VIRGINIA, AND WEST VIRGINIA- ARE GUARANTEED NO OUT-OF-POCKET COSTS FOR TUITION. ALC IS ONE OF ONLY TEN WORK COLLEGES IN THE NATION THAT REQUIRES ALL FULL-TIME STUDENTS TO WORK AS A CONDITION FOR ENROLLMENT EACH YEAR, THE COLLEGE SUPPORTS MANY ALUMNI AT GRADUATE AND PROFESSIONAL SCHOOLS THROUGH ITS GATTON-WINSTON SCHOLARS PROGRAM (FORMERLY KNOWN AS CANEY SCHOLARS). THIS YEAR, FIFTY-FOUR GATTON-WINSTON SCHOLARS ARE PURSUING DEGREES. FOR THE 2025-2026 ACADEMIC YEAR (THIRTY-SEVEN RETURNING SCHOLARS AND SEVENTEEN NEW SCHOLARS). THE TOP AREAS OF STUDY FOR OUR SCHOLARS ARE: 17 - PHARMACY, 9 - MEDICAL, 6 - PHYSICAL THERAPY, 3 - NURSING, COMMUNICATION, AND LAW, 2 - DENTISTRY, PHYSICIAN ASSISTANT, OPTOMETRY, AND OCCUPATIONAL THERAPY, AS WELL AS 1 - BIOMEDICAL STUDIES, ENGINEERING, CHEMISTRY, ENGLISH AND CHIROPRACTIC. OVER THE COURSE OF THE YEAR TWENTY- FOUR GATTON-WINSTON SCHOLARS WILL BE RESIDING AT GATTON-WINSTON HALL, OTHERWISE KNOWN AS THE CANEY COTTAGE IN LEXINGTON, KENTUCKY. THIRTEEN SCHOLARS COMPLETED THEIR PROGRAMS OF STUDY DURING THE 2024-2025 ACADEMIC YEAR. ALICE LLOYD COLLEGE PROVIDED SIGNIFICANT FINANCIAL SUPPORT TO ITS STUDENTS DURING THE 2024-2025 FISCAL YEAR, DISTRIBUTING 2,896,156 IN INSTITUTIONAL LEADERSHIP GRANTS AND 309,511 IN INSTITUTIONAL STUDENT WORK GRANTS. THESE INITIATIVES UNDERSCORE THE COLLEGE'S COMMITMENT TO MAKING HIGHER EDUCATION ACCESSIBLE AND AFFORDABLE FOR ITS STUDENTS. IN MAY 2025, THE COLLEGE CELEBRATED THE GRADUATION OF 91 STUDENTS. OF THESE GRADUATES, 41 PERCENT COMPLETED THEIR EDUCATION WITHOUT INCURRING ANY STUDENT LOAN DEBT, WHILE THE REMAINING 59 PERCENT GRADUATED WITH AN AVERAGE DEBT OF 9,357-A TESTAMENT TO THE COLLEGE'S EFFORTS TO MINIMIZE FINANCIAL BURDENS. FURTHERMORE, RESEARCH CONDUCTED BY THE OFFICE OF ALUMNI RELATIONS INDICATES THAT APPROXIMATELY 80 PERCENT OF ALICE LLOYD COLLEGE GRADUATES GO ON TO SERVE THE APPALACHIAN REGION, REFLECTING THE INSTITUTION'S MISSION TO PRODUCE LEADERS DEDICATED TO UPLIFTING THEIR COMMUNITIES. |
| FORM 990, PAGE 2, PART III, LINE 4B | AUXILIARY ALICE LLOYD COLLEGE'S AUXILIARY SERVICES ENCOMPASS HOUSING, THE MEAL PLAN, THE CAMPUS BOOKSTORE, CONCESSIONS, AND THE CAF. THE CAMPUS HAS A HOUSING CAPACITY FOR 650 STUDENTS, WITH 500 STUDENTS LIVING IN DORMS DURING FALL 2024. IN SPRING 2023, THE COLLEGE DISCONTINUED ITS CONTRACT WITH AN ONLINE BOOK RETAILER TO TRANSITION TO OPEN EDUCATIONAL RESOURCES (OER). OER OFFERS FREE AND ACCESSIBLE TEACHING, LEARNING, AND RESEARCH MATERIALS IN THE PUBLIC DOMAIN OR UNDER LICENSES THAT ALLOW USE AND ADAPTATION, HELPING TO KEEP COSTS MINIMAL FOR STUDENTS. TO FURTHER SUPPORT THIS INITIATIVE, THE COLLEGE ALLOCATED 100,000, APPROVED BY THE BOARD OF DIRECTORS IN FALL 2023, TO PURCHASE TEXTBOOKS FOR COURSES WHERE OER OPTIONS ARE UNAVAILABLE. THE JUNE BUCHANAN SCHOOL (JBS) REPORTED AN ENROLLMENT OF 118 STUDENTS FOR FALL 2025, WITH 32 OF THESE STUDENTS ENROLLED IN ALICE LLOYD COLLEGE COURSES FOR THE SEMESTER. THROUGH THE CANEY HONORS ACHIEVEMENT PROGRAM (CHAP), JBS STUDENTS HAVE THE OPPORTUNITY TO CHALLENGE THEMSELVES ACADEMICALLY BY EARNING COLLEGE CREDITS WHILE STILL IN HIGH SCHOOL. THIS PROGRAM ENHANCES THEIR LEARNING EXPERIENCE AND HELPS THEM PREPARE FOR HIGHER EDUCATION. |
| FORM 990, PAGE 2, PART III, LINE 4C | STUDENT SERVICES ALICE LLOYD COLLEGE OFFERS A WIDE RANGE OF STUDENT SERVICES DESIGNED TO ENHANCE THE STUDENT EXPERIENCE AND SUPPORT PERSONAL AND ACADEMIC GROWTH. THESE PROGRAMS INCLUDE LEADERSHIP DEVELOPMENT, EDUCATION, ATHLETICS, INTRAMURAL SPORTS, COUNSELING, CAREER PLACEMENT, AND A STUDENT ACTIVITIES BOARD THAT ORGANIZES A COMPREHENSIVE ACTIVITY CALENDAR EACH SEMESTER. ADDITIONALLY, THE COLLEGE PROVIDES DINING AND DORMITORY FACILITIES TO SUPPORT CAMPUS LIFE. THE FIRST-YEAR FOUNDATIONS PROGRAM ASSISTS STUDENTS IN TRANSITIONING FROM HIGH SCHOOL TO COLLEGE, WHILE THE CONVOCATION SERIES ENRICHES THEIR EDUCATIONAL JOURNEY THROUGH GUEST LECTURES AND CULTURAL EVENTS. THE COLLEGE ALSO MAINTAINS A CAMPUS POLICE DEPARTMENT TO ENSURE SAFETY AND SECURITY, ALONG WITH ORIENTATIONS IN THE SUMMER AND FALL TO HELP STUDENTS ACCLIMATE TO COLLEGE LIFE. TOGETHER, THESE SERVICES REFLECT THE COLLEGE'S COMMITMENT TO FOSTERING A WELL-ROUNDED, SUPPORTIVE, AND ENGAGING ENVIRONMENT FOR ITS STUDENTS. CONSTRUCTION PROJECTS/CAMPUS IMPROVEMENTS SINCE THE BEGINNING OF 2023, ALICE LLOYD COLLEGE HAS COMPLETED SEVERAL SIGNIFICANT CAPITAL PROJECTS, ENHANCING CAMPUS INFRASTRUCTURE AND FOSTERING A BETTER ENVIRONMENT FOR STUDENTS AND THE COMMUNITY-ALL ACHIEVED WITHOUT INCURRING ANY DEBT. AMONG THESE PROJECTS IS THE COMPLETION OF HOLMES HALL, THE SECOND AND FINAL WOMEN'S RESIDENCE HALL ON CAMPUS, WHICH PROVIDES MODERN AND COMFORTABLE ACCOMMODATIONS FOR FEMALE STUDENTS. THIS MILESTONE REPRESENTS A KEY ACHIEVEMENT IN THE COLLEGE'S RESIDENTIAL EXPANSION PLAN, WITH THE TOTAL COST FOR THE WOMEN'S RESIDENCE HALLS AMOUNTING TO 19 MILLION. ADDITIONALLY, THE COLLEGE COMPLETED THE CHAPEL BELL TOWER, A STUNNING ARCHITECTURAL CENTERPIECE THAT SYMBOLIZES THE COLLEGE'S VALUES AND TRADITIONS WHILE ENHANCING THE CAMPUS'S SPIRITUAL AND COMMUNAL ATMOSPHERE. THIS PROJECT WAS COMPLETED AT A COST OF 1.3 MILLION. IN RESPONSE TO THE CATASTROPHIC FLOOD OF 2022, THE COLLEGE ALSO UNDERTOOK A COMPREHENSIVE 8 MILLION STREAM MITIGATION PROJECT TO RESTORE AND STRENGTHEN THE AFFECTED AREAS. THIS INITIATIVE INVOLVED CONSTRUCTING RETAINING WALLS, INSTALLING SAFETY FENCING, AND LAYING NEW ASPHALT TO REPAIR PATHWAYS AND ROADWAYS DAMAGED BY THE FLOOD. THE PROJECT NOT ONLY RESTORED THE CAMPUS BUT ALSO IMPROVED ITS RESILIENCE AGAINST FUTURE ENVIRONMENTAL CHALLENGES. THESE PROJECTS, TOTALING 28.3 MILLION, SHOWCASE ALICE LLOYD COLLEGE'S COMMITMENT TO PROVIDING A SAFE, INSPIRING, AND HIGH- QUALITY ENVIRONMENT FOR ITS STUDENTS AND THE WIDER COMMUNITY, WHILE MAINTAINING ITS LONGSTANDING TRADITION OF FISCAL RESPONSIBILITY. OVER THE PAST YEAR, THE COLLEGE HAS CONTINUED MAKING SIGNIFICANT UPGRADES TO BOTH HOWARD HALL AND BERGER HALL, FOCUSING ON IMPROVING STUDENT SAFETY, FUNCTIONALITY, AND LONG-TERM ASSET PRESERVATION. THE PROJECT HAS INCLUDED TARGETED UPGRADES TO THE BUILDING ENVELOPE, EXTERIOR FINISHES, AND RELATED STRUCTURAL COMPONENTS, ADDRESSING DEFERRED MAINTENANCE ISSUES AND ENHANCING THE OVERALL DURABILITY OF THE FACILITIES. THESE IMPROVEMENTS SUPPORT THE COLLEGE'S MISSION BY PROVIDING SAFE, WELL-MAINTAINED RESIDENTIAL HOUSING FOR STUDENTS WHILE EXTENDING THE USEFUL LIFE OF CAMPUS INFRASTRUCTURE AND REDUCING FUTURE MAINTENANCE NEEDS. THROUGHOUT THE FISCAL YEAR, APPROXIMATELY 1.7 MILLION WAS INVESTED IN THESE IMPROVEMENTS, WITH TOTAL BUILDING RENOVATIONS PROJECTED TO REACH APPROXIMATELY 3 MILLION UPON COMPLETION IN FISCAL YEAR 2026-2027. COMMUNITY SERVICE PROJECTS ALICE LLOYD COLLEGE'S CAMPUS MINISTRY, ACADEMIC FRATERNITY PHI BETA LAMBDA (PBL), ATHLETICS, AND STUDENT SERVICES COLLABORATED THROUGHOUT THE YEAR TO ADDRESS COMMUNITY NEEDS AND PROVIDE IMPACTFUL OUTREACH. PHI BETA LAMBDA SIGNIFICANTLY EXPANDED ITS "SACK PACK" PROGRAM, INCREASING THE NUMBER OF WEEKLY FOOD DELIVERIES TO LOCAL NEEDY ELEMENTARY STUDENTS FROM 30 TO 60. ADDITIONALLY, PBL BEGAN SUPPORTING A SECOND SCHOOL, ENSURING EVEN MORE CHILDREN RECEIVED NECESSARY RESOURCES. DURING THE 2024-2025 ACADEMIC YEAR, FBLA COLLEGIATE ACTIVELY ENGAGED IN SEVERAL IMPACTFUL COMMUNITY SERVICE PROJECTS. FROM AUGUST 2024 TO MAY 2025, THE ORGANIZATION SUSTAINED ITS POWER UP WITH NUTRITION PROGRAM, DONATING 60 BAGS OF FOOD WEEKLY TO SUPPORT LOCAL NEEDY ELEMENTARY STUDENTS. THE CONTINUATION OF THIS VITAL INITIATIVE WAS MADE POSSIBLE BY SECURING A DONOR. ALL TEN FBLA MEMBERS PARTICIPATED IN THE PROGRAM. IN OCTOBER 2024, FBLA HOSTED A BREAST CANCER AWARENESS CAMPAIGN, DURING WHICH STUDENTS DONATED MONEY TO WEAR JEANS TO A CONVOCATION PROGRAM. THE CAMPAIGN SUCCESSFULLY RAISED 308.97 FOR THE AMERICAN CANCER SOCIETY. BEYOND THESE INITIATIVES, THE COLLEGE COMMUNITY ACTIVELY ENGAGED IN OTHER SERVICE PROJECTS, INCLUDING HOSTING BLOOD DRIVES AND PARTICIPATING IN ANIMAL SHELTER CLEANUP EFFORTS. THESE ACTIVITIES EXEMPLIFY ALICE LLOYD COLLEGE'S COMMITMENT TO SERVING THE COMMUNITY AND FOSTERING A CULTURE OF CIVIC RESPONSIBILITY AND COMPASSION AMONG ITS STUDENTS. ALICE LLOYD COLLEGE'S CAMPUS MINISTRIES CONTINUES TO UPHOLD THE INSTITUTION'S CHRISTIAN-BASED PHILOSOPHY, EMPHASIZING THE PROMOTION OF CHRISTIAN PRINCIPLES AND VALUES. OPEN TO ALL DENOMINATIONS, CAMPUS MINISTRIES OFFERS AN ACTIVE STUDENT MINISTRY PROGRAM THAT FOSTERS SPIRITUAL GROWTH AND COMMUNITY ENGAGEMENT. THROUGHOUT THE YEAR, THE MINISTRY UNDERTOOK SEVERAL OUTREACH INITIATIVES, INCLUDING PERIODIC VISITS TO LOCAL NURSING HOMES. DURING THESE VISITS, STUDENTS ENGAGED WITH RESIDENTS THROUGH ACTIVITIES SUCH AS BINGO, BIBLE TRIVIA GAMES, AND SINGING. ADDITIONALLY, THEY DISTRIBUTED CROSSWORD PUZZLES, WORD SEARCHES, AND MAGAZINES TO PROVIDE ENTERTAINMENT AND COMPANIONSHIP. ALICE LLOYD COLLEGE HAS A LONG-STANDING TRADITION OF SUPPORTING OPERATION CHRISTMAS CHILD (OCC), THE INTERNATIONAL SHOEBOX MINISTRY RUN BY SAMARITAN'S PURSE THAT DELIVERS GIFT-FILLED SHOEBOXES TO CHILDREN AROUND THE WORLD TO SHARE JOY AND THE MESSAGE OF THE GOSPEL. AT THE COLLEGE, THE CRUSADERS IN ACTION AND OTHER STUDENT GROUPS PARTNER COLLECT AND FILL HUNDREDS OF SHOEBOXES EACH YEAR WITH TOYS, SCHOOL SUPPLIES, HYGIENE ITEMS, AND OTHER SMALL GIFTS FOR CHILDREN IN NEED. ALICE LLOYD COLLEGE SERVES AS AN OFFICIAL OCC DROP-OFF SITE DURING THE ANNUAL COLLECTION SEASON, WELCOMING DONORS WHO BRING THEIR PACKED SHOEBOXES AND HELPING TO GATHER, COUNT, AND PREPARE THEM FOR SHIPMENT TO PROCESSING CENTERS AS PART OF THE NATIONWIDE EFFORT. THROUGH THIS ROLE-BOTH AS A DROP-OFF LOCATION AND A HUB FOR PACKING EFFORTS-ALC DEMONSTRATES A STRONG COMMITMENT TO SERVICE AND OUTREACH WHILE GIVING STUDENTS AND COMMUNITY MEMBERS A HANDS-ON WAY TO PARTICIPATE IN A MINISTRY THAT REACHES CHILDREN GLOBALLY. WORK-STUDY COMPLETED 43,039 WORK HOURS IN AREAS DESIGNATED COMMUNITY SERVICE POSITIONS. 33,774 HOURS WERE DESIGNATED WORK COLLEGE WORK-STUDY AND FEDERAL WORK-STUDY, WHILE 9,265 HOURS WERE PAID WITH INSTITUTIONAL DOLLARS. COMMUNITY SERVICE JOBS INCLUDE THE JUNE BUCHANAN SCHOOL, THE CHILD DEVELOPMENT CENTER, THE LIBRARY, THE CRAFT SHOP & CHRISTMAS PRETTIES PROGRAM, MARKETING, BOTH THE HUNGER DIN AND MISS IRMA'S CAF, AS WELL AS TALON'S TREATS. WE ARE ALSO REQUIRED TO EMPLOY STUDENTS AS READING AND MATH TUTORS AND THOSE STUDENTS COMPLETED 1,257 HOURS IN THOSE AREAS. |
| FORM 990, PAGE 2, PART III, LINE 4D | ACADEMIC EXPENSES 5,361,270. INCLUDING GRANTS OF 79,741. REVENUE 0. JUNE BUCHANAN EXPENSES 1,252,717. INCLUDING GRANTS OF 56,429. REVENUE 0. STUDENT AID EXPENSES 2,739,572, INCLUDING GRANTS OF 2,739,572. REVENUE 0. |
| FORM 990, PAGE 6, PART VI, LINE 2 | JAMES O. STEPP JOE STEPP PRESIDENT CHANCELLOR BROTHERS |
| FORM 990, PAGE 6, PART VI, LINE 11B | MANAGEMENT HAS BEEN APPOINTED TO REVIEW THE FORM 990 AS PART OF THE ANNUAL REPORTING PROCESS. THE GOVERNING BODY WILL RECEIVE A COPY OF THE COMPLETED FORM 990 IN DECEMBER, ACCOMPANIED BY A LETTER REQUESTING THAT ANY QUESTIONS OR CONCERNS BE DIRECTED TO THE VICE PRESIDENT FOR BUSINESS AFFAIRS. INTERNALLY, THE REVIEW PROCESS INVOLVES KEY PERSONNEL, INCLUDING THE PRESIDENT, EXECUTIVE SECRETARY, VICE PRESIDENT FOR BUSINESS AFFAIRS, CONTROLLER, AND DIRECTOR OF HUMAN RESOURCES. PREPARATION AND EDITING OF VARIOUS SECTIONS OF THE FORM 990 ARE CONDUCTED COLLABORATIVELY, WITH CONTRIBUTIONS FROM THE VICE PRESIDENT FOR INSTITUTIONAL ADVANCEMENT, THE PROVOST, AND THE EXECUTIVE DIRECTOR OF INSTITUTIONAL EFFECTIVENESS AND ACCREDITATION. THESE INDIVIDUALS WORK WITH INPUT FROM ALL DEPARTMENTS TO ENSURE THE REPORT IS ACCURATE AND COMPREHENSIVE. THIS THOROUGH REVIEW PROCESS REFLECTS THE COLLEGE'S COMMITMENT TO TRANSPARENCY AND ACCOUNTABILITY. |
| FORM 990, PAGE 6, PART VI, LINE 12C | ALICE LLOYD COLLEGE MAINTAINS A ROBUST CONFLICT OF INTEREST POLICY, WHICH INCLUDES AN ANNUAL CONFLICT OF INTEREST DISCLOSURE DOCUMENT THAT ALL TRUSTEES AND EXECUTIVE DIRECTORS ARE REQUIRED TO SIGN, WITH THEIR SIGNATURES WITNESSED. EACH YEAR, THE DISCLOSURE DOCUMENT IS DISTRIBUTED TO TRUSTEES IN OCTOBER. THE SECRETARY TO THE PRESIDENT MONITORS COMPLIANCE BY FOLLOWING UP WITH INDIVIDUALS WHO DO NOT RETURN THEIR SIGNED DOCUMENTS WITHIN A REASONABLE TIMEFRAME. TO ENSURE ONGOING AWARENESS AND ADHERENCE, THE CONFLICT-OF-INTEREST POLICY HAS BEEN REVIEWED ANNUALLY UNDER COLLEGE GOVERNANCE SINCE ITS INCLUSION IN THE JANUARY 2010 EXECUTIVE REPORT. THIS PRACTICE REINFORCES THE COLLEGE'S COMMITMENT TO ETHICAL GOVERNANCE AND ACCOUNTABILITY. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE PRESIDENT'S SALARY AT ALICE LLOYD COLLEGE IS DETERMINED BY THE BOARD OF TRUSTEES BASED ON THE RECOMMENDATION OF THE EXECUTIVE COMMITTEE. FOR OTHER EMPLOYEES, THE PRESIDENT MAKES SALARY INCREASE RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE AND THE BOARD. TO ENSURE SALARIES REMAIN COMPETITIVE AND ALIGNED WITH INDUSTRY STANDARDS, THE PRESIDENT PERIODICALLY (EVERY 2-3 YEARS) REQUESTS A COMPARATIVE SALARY LIST FROM THE ASSOCIATION OF INDEPENDENT KENTUCKY COLLEGES AND UNIVERSITIES (AIKCU). THIS PROCESS UNDERSCORES THE COLLEGE'S COMMITMENT TO FAIRNESS AND ACCOUNTABILITY IN COMPENSATION PRACTICES. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE PRESIDENT'S SALARY AT ALICE LLOYD COLLEGE IS ESTABLISHED BY THE BOARD OF TRUSTEES BASED ON A RECOMMENDATION FROM THE EXECUTIVE COMMITTEE. ADDITIONALLY, THE PRESIDENT PROVIDES RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE AND THE BOARD REGARDING PAY INCREASES FOR LINE OFFICERS AND OTHER COLLEGE EMPLOYEES. TO ENSURE EQUITABLE AND COMPETITIVE COMPENSATION, THE PRESIDENT PERIODICALLY (EVERY 2-3 YEARS) REQUESTS A COMPARATIVE SALARY LIST FROM THE ASSOCIATION OF INDEPENDENT KENTUCKY COLLEGES AND UNIVERSITIES (AIKCU). THIS PROCESS REFLECTS THE COLLEGE'S COMMITMENT TO MAINTAINING FAIRNESS AND ALIGNMENT WITH REGIONAL SALARY STANDARDS. |
| FORM 990, PAGE 6, PART VI, LINE 19 | AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | ANNUITY PAYMENTS -125,585 |