ENDICOTT COLLEGE: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- ENDICOTT COLLEGE (EIN 04-2103567)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-10
- IRS object ID
- 201331309349300803
- 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 C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-10T07:40:45-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60 South Street | AddressLine1 |
| City | Boston | City |
| State | MA | State |
| ZIP Code | 02111 | 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 | 042103567 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ENDICOTT COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % LYNNE O'TOOLE EXECUTIVE VP | InCareOfName |
| Name Control | ENDI | NameControl |
| Phone | 9782322026 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 376 HALE STREET | AddressLine1 |
| City | BEVERLY | City |
| State | MA | State |
| ZIP Code | 019152096 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LYNNE B O'TOOLE | Name |
| Title | VP OF FINANCE | Title |
| Date Signed | 2013-05-08 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6179881000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | RICHARD WYLIE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 376 HALE STREET | AddressLine1 |
| City | BEVERLY | City |
| State | MA | State |
| ZIP Code | 019150296 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 115333939 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.ENDICOTT.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1939 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | THE MISSION OF ENDICOTT COLLEGE IS TO INSTILL IN STUDENTS AN UNDERSTANDING OF AND AN APPRECIATION FOR PROFESSIONAL AND LIBERAL STUDIES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 29 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 27 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1684 | TotalNbrEmployees |
| Total Nbr Volunteers | 146 | TotalNbrVolunteers |
| Total Gross UBI | 5959237 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -143382 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1801811 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3750124 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 88617157 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 101504006 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1254019 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1908224 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 643065 | OtherRevenuePriorYear |
| Other Revenue Current Year | 615456 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 92316052 | TotalRevenuePriorYear |
| Total Revenue Current Year | 107777810 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 16412868 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 19078630 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 37484827 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 41786067 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 943528 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 28541001 | OtherExpensePriorYear |
| Other Expenses Current Year | 30563810 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 82438696 | TotalExpensesPriorYear |
| Total Expenses Current Year | 91428507 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 9877356 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 16349303 | RevenuesLessExpensesCY |
| Total Assets BOY | 184992253 | TotalAssetsBOY |
| Total Assets EOY | 197636581 | TotalAssetsEOY |
| Total Liabilities BOY | 74655359 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 77960925 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 110336894 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 119675656 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE MISSION OF ENDICOTT COLLEGE IS TO INSTILL IN STUDENTS AN UNDERSTANDING OF AND AN APPRECIATION FOR PROFESSIONAL AND LIBERAL STUDIES. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 53882713 | Expense |
| Grants | 19078630 | Grants |
| Revenue | 94713849 | Revenue |
| Description | *EDUCATION AND AUXILIARY* SEE SCHEDULE O | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 10634170 | Expense |
| Description | *ACADEMIC SUPPORT* SEE SCHEDULE O | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 9651023 | Expense |
| Revenue | 133541 | Revenue |
| Description | *STUDENT SERVICES* SEE SCHEDULE O | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 6581558 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 7272458 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 80749464 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | true | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | true | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | true | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 191 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 1684 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | true | ForeignFinancialAccount |
| Name Of Foreign Country | MX | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 29 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 27 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | LYNNE O'TOOLE EXECUTIVE VP | NamePerson |
| Telephone Number | 9782322030 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 376 HALE STREET | AddressLine1 |
| City | BEVERLY | City |
| State | MA | State |
| ZIP Code | 019152096 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (37 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| THOMAS J ALEXANDER | ||||||||
| TRUSTEE | 3.0 | X | 0 | 0 | 0 | |||
| CANDIDA M AVERSENTI | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| E LORRAINE BAUGH | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| CYNTHIA MERKLE | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| SUSAN SALICE | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| CHAD CRANDELL | ||||||||
| TRUSTEE | 3.0 | X | 0 | 0 | 0 | |||
| W ANDERSON DEVEREAUX | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| ROBERT FANNING | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| MYRT HARPER ROSE | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| PATRICIA HEFTLER | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| MELISSA HEMPSTEAD | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| DAVID W HILLIS | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| CHERYL VICHERY | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| WILLIAM F HOWARD | ||||||||
| TRUSTEE | 3.0 | X | 0 | 0 | 0 | |||
| CHARLIE JERABEK | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| VIRGINIA JUDGE | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| REV DR PAUL D KENNEDY | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| LYNWOOD J KRISCHKE | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| MARIETTA CASHEN MARSH | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| MARSHA A MCDONOUGH | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| DR RICHARD G POST | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| ERNEST M SANTIN | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| JOHN KAVANAGH | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| W THOMAS SPENCER JR | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| DR LINDA EDMONDS TURNER | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| WILLIAM W VAN LOAN | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| ANTHONY J VENUTI | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| CHARLENE I WAX | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| RICHARD E WYLIE | ||||||||
| PRESIDENT | 60.0 | X | 457318 | 0 | 82855 | X | ||
| LYNNE O'TOOLE | ||||||||
| EXECUTIVE VP/VP OF FINANCE | 50.0 | 257065 | 0 | 53573 | X | |||
| THOMAS REDMAN | ||||||||
| VP ADMISSION/ FINANCIAL AID | 42.0 | 238886 | 0 | 59365 | X | |||
| DAVID VIGNERON | ||||||||
| VP INSTITUTIONAL ADVANCEMENT | 50.0 | 205486 | 0 | 49230 | X | |||
| DEBORAH SWANTON | ||||||||
| DEAN | 40.0 | 152848 | 0 | 23230 | X | |||
| LAURA ROSSI-LE | ||||||||
| VP & DEAN OF COLLEGE | 50.0 | 158087 | 0 | 64383 | X | |||
| DENISE BILODEAU | ||||||||
| VP SPECIAL PROJECTS | 40.0 | 149890 | 0 | 33419 | X | |||
| DENNIS MONACO | ||||||||
| PHYSICAL PLANT DIRECTOR | 45.0 | 155673 | 0 | 42115 | X | |||
| BEVERLY DOLINSKY | ||||||||
| VP STUDENT AFFAIRS | 50.0 | 143043 | 0 | 41786 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1918296 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 449956 | TotalOtherCompensation |
| Number Individuals GT100 K | 35 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| KPMG LLP | |||||
| PO BOX 120001 | DALLAS | TX | 053120579 | AUDIT/TAX PREP | 129400 |
| BAK LYNNE | |||||
| 20 CHANNEL POINT RD | YARMOUTH | ME | 04096 | PROGRAM CONSULTANT | 156217 |
| HOLLAND AND KNIGHT LLC | |||||
| PO BOX 864084 | ORLANDO | FL | 328864084 | LEGAL SERVICES | 218765 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
| Fundraising Events | 340000 | FundraisingEvents |
| Government Grants | 453307 | GovernmentGrants |
| All Other Contributions | 2956817 | AllOtherContributions |
| Noncash Contributions | 66504 | NoncashContributions |
| Total Contributions | 3750124 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| TUITION AND FEES | 611710 | 69707970 | 69707970 | |
| RESIDENCE AND DINING | 721000 | 25005879 | 25005879 | |
| CONFERENCE AND EDUCATION SERVICES | 611710 | 6294095 | 333702 | 5960393 |
| MISCELLANEOUS | 900099 | 496062 | 496062 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 101504006 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 935604 | TotalRevenueColumn |
| Unrelated Business Revenue | -1156 | UnrelatedBusinessRevenue |
| Exclusion | $936,760 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 386 | TotalRevenueColumn |
| Related Or Exempt Function Income | 386 | RelatedOrExemptFunctionIncome |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 8447263 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 7022304 | Securities |
| Other | 452725 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1424959 | Securities |
| Other | -452725 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 972234 | TotalRevenueColumn |
| Exclusion | $972,234 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 81100 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 340000 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 81100 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| BOOKSTORE COMMISSION | 451211 | 69464 | 69464 |
| VENDING COMMISSIONS | 900099 | 64027 | 64027 |
| OTHER MISCELLANEOUS | 900099 | 481965 | 481965 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 615456 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 107777810 | TotalRevenueColumn |
| Related Or Exempt Function Income | 96159455 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 5959237 | UnrelatedBusinessRevenue |
| Exclusion | $1,908,994 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18732647 | Total |
| Program Services | 18732647 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 345983 | Total |
| Program Services | 345983 | ProgramServices |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1208035 | Total |
| Program Services | 252881 | ProgramServices |
| Management And General | 694137 | ManagementAndGeneral |
| Fundraising | 261017 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 169188 | Total |
| Program Services | 169188 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30903278 | Total |
| Program Services | 27095491 | ProgramServices |
| Management And General | 3476513 | ManagementAndGeneral |
| Fundraising | 331274 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1897726 | Total |
| Program Services | 1509506 | ProgramServices |
| Management And General | 371629 | ManagementAndGeneral |
| Fundraising | 16591 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5445588 | Total |
| Program Services | 4746205 | ProgramServices |
| Management And General | 651774 | ManagementAndGeneral |
| Fundraising | 47609 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2162252 | Total |
| Program Services | 1799583 | ProgramServices |
| Management And General | 343765 | ManagementAndGeneral |
| Fundraising | 18904 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 186871 | Total |
| Management And General | 186871 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 160606 | Total |
| Management And General | 160606 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 144000 | Total |
| Management And General | 144000 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 67239 | Total |
| Management And General | 67239 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5076426 | Total |
| Program Services | 4609753 | ProgramServices |
| Management And General | 412540 | ManagementAndGeneral |
| Fundraising | 54133 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 497756 | Total |
| Program Services | 414958 | ProgramServices |
| Management And General | 82798 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1788142 | Total |
| Program Services | 1471617 | ProgramServices |
| Management And General | 267300 | ManagementAndGeneral |
| Fundraising | 49225 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1509016 | Total |
| Management And General | 1509016 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3508737 | Total |
| Program Services | 3373597 | ProgramServices |
| Management And General | 110909 | ManagementAndGeneral |
| Fundraising | 24231 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 847227 | Total |
| Program Services | 750873 | ProgramServices |
| Management And General | 76680 | ManagementAndGeneral |
| Fundraising | 19674 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2524455 | Total |
| Program Services | 2452781 | ProgramServices |
| Management And General | 66113 | ManagementAndGeneral |
| Fundraising | 5561 | Fundraising |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4502536 | Total |
| Program Services | 4336246 | ProgramServices |
| Management And General | 156456 | ManagementAndGeneral |
| Fundraising | 9834 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 666378 | Total |
| Program Services | 641805 | ProgramServices |
| Management And General | 24510 | ManagementAndGeneral |
| Fundraising | 63 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| FOOD SERVICE | 5182758 | 5089969 | 71581 | 21208 |
| OTHER MISCELLANEOUS EXPENSES | 2615637 | 2025865 | 556783 | 32989 |
| PRINTING/PUBLICATIONS | 630867 | 473393 | 108839 | 48635 |
| SMALL/NON-CAPITALIZED EQUIP. | 655159 | 457123 | 195456 | 2580 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 91428507 | Total |
| Program Services | 80749464 | ProgramServices |
| Management And General | 9735515 | ManagementAndGeneral |
| Fundraising | 943528 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 372074 | BOY |
| EOY | 403739 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1474606 | BOY |
| EOY | 2047083 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2136411 | BOY |
| EOY | 2521759 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1899832 | BOY |
| EOY | 1598522 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 184049071 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 37932010 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 139517500 | BOY |
| EOY | 146117061 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37002281 | BOY |
| EOY | 40795037 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1747889 | BOY |
| EOY | 4153380 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 841660 | BOY |
| EOY | 0 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 184992253 | BOY |
| EOY | 197636581 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6262424 | BOY |
| EOY | 8025856 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6125297 | BOY |
| EOY | 6475136 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 49968583 | BOY |
| EOY | 48825908 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5233733 | BOY |
| EOY | 2877361 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7065322 | BOY |
| EOY | 11756664 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 74655359 | BOY |
| EOY | 77960925 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 105254957 | BOY |
| EOY | 113212753 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2461590 | BOY |
| EOY | 2402092 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2620347 | BOY |
| EOY | 4060811 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 110336894 | BOY |
| EOY | 119675656 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 184992253 | BOY |
| EOY | 197636581 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 16349303 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -7010541 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbying | |
| Total Direct Lobbying | TotalDirectLobbying | |
| Total Lobbying Expenditures | TotalLobbyingExpenditures | |
| Other Exempt Purpose Expenditures | OtherExemptPurposeExpenditures | |
| Total Exempt Purpose Expenditures | TotalExemptPurposeExpenditures | |
| Lobbying Nontaxable | LobbyingNontaxableAmount | |
| Grassroots Nontaxable | GrassrootsNontaxableAmount | |
| Tot Lobbying Grassroot Minus Non Tx | TotLobbyingGrassrootMinusNonTx | |
| Tot Lobby Expend Mns Lobbying Nontx | TotLobbyExpendMnsLobbyingNontx | |
| Volunteers | false | Volunteers |
| Paid Staff Or Management | false | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | false | MailingsMembers |
| Publications Or Broadcast | false | PublicationsOrBroadcast |
| Grants Other Organizations | false | GrantsOtherOrganizations |
| Direct Contact Legislators | false | DirectContactLegislators |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Other Activities | true | OtherActivities |
| Other Activities | $144,000 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 144000 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | false | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | LOBBYING ACTIVITY | Identifier |
| Return Reference | PART II-B, LINE 1I | ReturnReference |
| Explanation | DURING THE YEAR ENDED JUNE 30, 2012, ENDICOTT COLLEGE ENGAGED ADS VENTURES INC. TO ASSIST THE COLLEGE IN OBTAINING FEDERAL AND STATE GRANTS. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 38696875 | BeginningOfYearBalance |
| Contributions | 6245559 | Contributions |
| Investment Earnings Or Losses | 39456 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 97703 | GrantsOrScholarships |
| End Of Year Balance | 44884187 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 31077558 | BeginningOfYearBalance |
| Contributions | 1869807 | Contributions |
| Investment Earnings Or Losses | 5761849 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 12339 | GrantsOrScholarships |
| End Of Year Balance | 38696875 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 21109882 | BeginningOfYearBalance |
| Contributions | 7071180 | Contributions |
| Investment Earnings Or Losses | 2908984 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 12488 | GrantsOrScholarships |
| End Of Year Balance | 31077558 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 25125890 | BeginningOfYearBalance |
| Contributions | 555000 | Contributions |
| Investment Earnings Or Losses | -4571008 | InvestmentEarningsOrLosses |
| End Of Year Balance | 21109882 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.92000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.07000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.01000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10884132 | OtherCostOrOtherBasis |
| Book Value | 10884132 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 154866224 | OtherCostOrOtherBasis |
| Depreciation | 28928027 | Depreciation |
| Book Value | 125938197 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 12615600 | OtherCostOrOtherBasis |
| Depreciation | 8609434 | Depreciation |
| Book Value | 4006166 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5683115 | OtherCostOrOtherBasis |
| Depreciation | 394549 | Depreciation |
| Book Value | 5288566 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 146117061 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| REFUNDABLE ADVANCES - US GOV'T | $552,947 |
| LIABILITY- INTEREST RATE SWAPS | $11,203,717 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 11756664 | TotalOfAmounts |
| Total Revenue | 107777810 | TotalRevenue |
| Total Expenses | 91428507 | TotalExpenses |
| Excess Or Deficit For Year | 16349303 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -2299809 | NetUnrealizedGLOnInvestments |
| Other | -$4,710,732 | OtherAmount |
| Total Adjustments | -7010541 | TotalAdjustments |
| Excess Or Deficit Per FS | 9338762 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 81688639 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -2299809 | NetUnrealizedGainsInvestments |
| Other Revenues | -23789362 | OtherRevenues |
| Revenue Not Rptd F990 | -26089171 | RevenueNotRptdF990 |
| Revenue Subtotal | 107777810 | RevenueSubtotal |
| Total Revenue Per Form990 | 107777810 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 72349877 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 72349877 | ExpensesSubtotal |
| Other Expenses Not Included | 19078630 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 19078630 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 91428507 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| COLLECTIONS OF ART | PART III, LINE 4 | ENDICOTT'S LIBRARY HOUSES COLLECTIONS OF BOOKS, PERIODICALS, AND OTHER REFERENCE MATERIALS. WITHIN THE LIBRARY IS AN ARCHIVES & MUSEUM. THE PURPOSE OF THE ARCHIVES & MUSEUM IS TO PRESERVE, INTERPRET, AND EXHIBIT THE HISTORY OF THE COLLEGE. THIS IS ACCOMPLISHED THROUGH A PERMANENT COLLECTION THAT INCLUDES, BUT IS NOT LIMITED TO, ARCHIVAL DOCUMENTS THAT CHRONICLE THE DEVELOPMENT OF THE COLLEGE, PHOTOGRAPHS, EPHEMERA, ORAL HISTORY, AND ARTIFACTS. THE ARCHIVES & MUSEUM ENHANCES THE APPRECIATION AND UNDERSTANDING OF ENDICOTT COLLEGE'S HERITAGE, SHOWS THE EVOLUTION AND GROWTH OF THE INSTITUTION AND THE INFLUENCE THE INSTITUTION HAS WITHIN THE EXTENDED COMMUNITY. |
| ENDOWMENT FUNDS | PART V, LINE 4 | ENDICOTT'S ENDOWMENT INCLUDES 61 FUNDS RESTRICTED TO SCHOLARSHIPS, ONE FOR FACULTY SUPPORT, AND ONE FUND FOR ASSISTING HANDICAPPED STUDENTS. THE FUNDS RESTRICTED TO SCHOLARSHIPS ARE AWARDED BASED ON A COMBINATION OF FINANCIAL NEED AND OTHER DONOR-SPECIFIED CRITERIA. APPROXIMATELY 92% OF THE ENDOWMENT IS UNRESTRICTED. INCOME AND DIVIDENDS ARE REINVESTED, AND APPROPRIATIONS (DRAWS) ARE MADE ONLY FOR DONOR-STIPULATED PURPOSES; THAT AMOUNT IS TYPICALLY LESS THAN 1% OF THE ENDOWMENT. GENERALLY, THE MAXIMUM DRAW IS NO GREATER THAN 5% OF THE AVERAGE FAIR VALUE OF EACH INDIVIDUAL DONOR-RESTRICTED ENDOWMENT. DUE TO MOST ENDOWMENT FUNDS CONTINUING THEIR RECOVERY FROM PRIOR MARKET LOSSES, IN 2012 ONLY $97,703 WAS APPROPRIATED. SCHOLARSHIPS WERE GIVEN IN DONORS' NAMES; HOWEVER, WITH THE EXCEPTION OF THE $41,244, THEY WERE FUNDED WITH THE COLLEGES OPERATING BUDGET. ENDICOTT EXPECTS THE CURRENT SPENDING POLICY TO ALLOW ITS ENDOWMENT TO MAINTAIN ITS PURCHASING POWER BY GROWING AT A RATE GREATER THAN PLANNED PAYOUTS. THE COLLEGE TRANSFERS OPERATING FUNDS ON AN ANNUAL BASIS IN ORDER TO HELP BUILD THE ENDOWMENT. IN FISCAL 2012 A TOTAL OF $6,245,559 WAS ADDED. |
| UNCERTAIN TAX POSITIONS | PART X, LINE 2 | THE COLLEGE IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS GENERALLY EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. THE COLLEGE BELIEVES IT HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS. |
| CHANGE IN NET ASSETS | PART XI, LINE 8 | CHANGE IN LIABILITY FOR INTEREST RATE SWAP (4,710,732) |
| OTHER REVENUE INCLUDED ON FINANCIAL STATEMENTS BUT NOT ON RETURN | PART XII, LINE 2D | CHANGE IN LIABILITY FOR INTEREST RATE SWAP (4,710,732) SCHOLARSHIPS (19,078,630) ------------ TOTAL (23,789,362) |
| OTHER EXPENSES INCLUDED ON RETURN BUT NOT IN FINANCIAL STATEMENTS | PART XIII, LINE 4B | SCHOLARSHIPS 19,078,630 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| NONDISCRIMINATORY POLICY | PART I, LINE 3 | ENDICOTT'S STATEMENTS ON NONDISCRIMINATION CAN BE FOUND IN ALL MAJOR DOCUMENTS OF THE COLLEGE INCLUDING: THE UNDERGRADUATE AND GRADUATE CATALOGS, EMPLOYEE HANDBOOK, STUDENT HANDBOOK, INTERNSHIP DIRECTORY,FACTS AND FIGURES, ANNUAL REPORT, SOUNDINGS MAGAZINE AND MANY OTHER DOCUMENTS PUBLISHED BY THE COLLEGE. THE STATEMENT IS ALSO LOCATED ON THE COLLEGE WEBSITE AND IN MANY OF ONLINE PUBLICATIONS. |
| FINANCIAL AID OR ASSISTANCE | PART I, LINE 6A | ENDICOTT COLLEGE PARTICIPATES IN FEDERAL STUDENT AID PROGRAMS AS WELL AS MASSACHUSETTS STUDENT AID PROGRAMS. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | true | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (5 entries)
| RegionRegion | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|
| Europe (Including Iceland and Greenland) | Program Services | STUDY ABROAD | 957401 |
| East Asia and the Pacific | Program Services | STUDY ABROAD | 217780 |
| South America | Program Services | STUDY ABROAD | 4384 |
| North America | Program Services | FOREIGN CAMPUS | 572788 |
| Central America and the Caribbean | Investments | 3725500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Amount Spent | 5477853 | SubtotalAmountSpent |
| Total Amount Spent | 5477853 | TotalAmountSpent |
Grants To Ind Outside US GrantsToIndOutsideUS (3 entries)
| Type Of AssistanceTypeOfAssistance | RegionRegion | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Manner Of Cash DisbursementMannerOfCashDisbursement |
|---|---|---|---|---|
| ENDICOTT STUDENT AID | Europe/Iceland/Greenland | 63 | 314806 | check/wire |
| ENDICOTT STUDENT AID | East Asia and the pacifi | 8 | 28458 | CHECK/WIRE |
| ENDICOTT STUDENT AID | South America | 1 | 2719 | WIRE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | true | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | true | OwnForeignCorp |
| Passive Foreign Invest Co | false | PassiveForeignInvestCo |
| Foreign Partnership | false | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | MONITOR THE USE OF GRANT FUNDS OUTSIDE OF THE U.S. | Identifier |
| Return Reference | PART I, LINE 2 | ReturnReference |
| Explanation | THE PROCEDURE FOR AWARDING SCHOLARSHIP AID TO STUDENTS STUDYING ABROAD FOLLOWS THE SAME PROCEDURE AS SCHOLARSHIP AID AWARDED TO STUDENTS STUDYING AT THE BEVERLY, MASSACHUSETTS CAMPUS. STUDENTS ARE AWARDED AID BASED ON MERIT AND/OR FINANCIAL NEED. ALL STUDENTS MUST APPLY FOR FINANCIAL AID AND SUBMIT A FREE APPLICATION FOR STUDENT AID (FAFSA). EACH APPLICANT'S FINANCIAL STATUS IS EVALUATED SO THAT AWARDS WILL ACCOMMODATE A PARTICULAR STUDENT'S NEED. STUDENTS MAY ALSO BE CONSIDERED FOR ENDICOTT PRESIDENTIAL ACADEMIC SCHOLARSHIPS. ALL STUDENT AID RECORDS ARE MAINTAINED IN THE OFFICE OF FINANCIAL AID AND ARE REVIEWED IN THE COURSE OF FINANCIAL AND A-133 AUDITS PERFORMED BY KPMG LLP. STUDENTS STUDYING ABROAD ARE BILLED TUITION AT ENDICOTT'S RATE OR THE STUDY ABROAD PROGRAM'S RATE IF IT IS HIGHER. STUDENTS ARE BILLED FOR THE PROGRAM'S HOUSING ACCOMMODATIONS AND ANY OTHER FEES CHARGED BY THE PROGRAM. STUDENT AID AWARDS ARE POSTED TO STUDENT ACCOUNTS, THEREBY REDUCING THE AMOUNT THE FAMILY MUST REMIT TO THE COLLEGE. PAYMENT IS MADE BY THE COLLEGE TO THE STUDY ABROAD AGENCY OR UNIVERSITY UPON RECEIPT OF AN INVOICE AND DETERMINATION THAT THE STUDENT HAS PAID ENDICOTT. THE INVOICES LIST THE PROGRAM COSTS, THE STUDENT'S NAME AND OTHER DETAILS. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GALA - DINNER | NameOfEvent1 |
| Gross Receipts Event1 | 421100 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 340000 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 81100 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 13705 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 35082 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 1000 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 31313 | OtherDirectExpensesEvent1 |
| Total Number Of Other Events | 0 | TotalNumberOfOtherEvents |
| Gross Receipts Total | 421100 | GrossReceiptsTotal |
| Charitable Contributions Total | 340000 | CharitableContributionsTotal |
| Gross Revenue Total Events | 81100 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 13705 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 35082 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 1000 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 31313 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 81100 | DirectExpenseSummaryEvents |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (13 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| PRESIDENT'S COUNCIL SCHOLARSHIP | 1 | 1910 |
| ENDICOTT YELLOW RIBBON | 11 | 41901 |
| ENDICOTT NEED-BASED SCHOLARSHIPS | 1217 | 9920997 |
| ENDICOTT MERIT/ACADEMIC SCHOLARSHIPS | 1186 | 7599730 |
| MEXICO TRANSFERS SCHOLARSHIP | 24 | 385314 |
| FEDERAL SEOG GRANT | 108 | 102040 |
| SPECIAL/PRESIDENT'S DISCRETIONARY SCHOLARSHIP | 31 | 322300 |
| MA GILBERT GRANT | 102 | 122900 |
| FEDERAL ACG GRANT | ||
| ENDOWED AND DONOR-RESTRICTED SCHOLARSHIPS | 232 | 192555 |
| FEDERAL SMART GRANT | ||
| ENDICOTT ROTC GRANT | 7 | 42000 |
| MA PART-TIME GRANT | 4 | 1000 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | MONITORING THE USE OF GRANT FUNDS IN THE U.S. | Identifier |
| Return Reference | PART I, LINE 2 | ReturnReference |
| Explanation | STUDENTS ARE AWARDED AID BASED ON MERIT AND/OR FINANCIAL NEED. ALL THROUGY ITS OWN RESOURCES, AS WELL AS FEDERAL AND STATE PROGRAMS. TO QUALIFY FOR SCHOLARSHIP OR GRANT AID, A STUDENT MUST BE ENROLLED IN AN APPROVED PROGRAM AND BE IN GOOD ACADEMIC STANDING. MOST OF THE AID PROGRAMS REQUIRE THAT A STUDENTS DEMONSTRATE FINANCIAL NEED. ENDICOTT AWARDS ARE MADE ON A FUNDS-AVAILABLE BASIS TO DESERVING STUDENTS. THE COLLEGE MAKES EVERY EFFORT TO ENSURE THAT A QUALITY EDUCATION IS AVAILABLE TO ALL STUDENTS, REGARDLESS OF INCOME LEVEL, RACE, RELIGION, DISABILITY, NATIONAL OR ETHNIC ORIGIN, AGE, OR GENDER. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (9 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RICHARD E WYLIE | |||||||||||||
| 361175 | 0 | 0 | 0 | 96143 | 0 | 16329 | 0 | 66526 | 0 | 540173 | 0 | 0 | 0 |
| LYNNE O'TOOLE | |||||||||||||
| 206290 | 0 | 0 | 0 | 50775 | 0 | 17037 | 0 | 36536 | 0 | 310638 | 0 | 0 | 0 |
| DEBORAH SWANTON | |||||||||||||
| 152696 | 0 | 0 | 0 | 152 | 0 | 8391 | 0 | 14839 | 0 | 176078 | 0 | 0 | 0 |
| LAURA ROSSI-LE | |||||||||||||
| 157203 | 0 | 0 | 0 | 884 | 0 | 12918 | 0 | 51465 | 0 | 222470 | 0 | 0 | 0 |
| DENISE BILODEAU | |||||||||||||
| 149366 | 0 | 0 | 0 | 524 | 0 | 12107 | 0 | 21312 | 0 | 183309 | 0 | 0 | 0 |
| DENNIS MONACO | |||||||||||||
| 155097 | 0 | 0 | 0 | 576 | 0 | 12918 | 0 | 29197 | 0 | 197788 | 0 | 0 | 0 |
| THOMAS REDMAN | |||||||||||||
| 235739 | 0 | 0 | 0 | 3147 | 0 | 19274 | 0 | 40091 | 0 | 298251 | 0 | 0 | 0 |
| DAVID VIGNERON | |||||||||||||
| 193242 | 0 | 0 | 0 | 12244 | 0 | 15354 | 0 | 33876 | 0 | 254716 | 0 | 0 | 0 |
| BEVERLY DOLINSKY | |||||||||||||
| 142770 | 0 | 0 | 0 | 273 | 0 | 11902 | 0 | 29884 | 0 | 184829 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| BENEFITS | PART I, LINE 1A | FIRST CLASS TRAVEL: DR. RICHARD E. WYLIE, PRESIDENT, TRAVELED FIRST CLASS AIRFARE FOR THE COLLEGE ONCE DURING FY2012. HE WAS APPROVED BY THE BOARD OF TRUSTEES TO TRAVEL FIRST CLASS RATHER THAN COACH DUE TO MEDICAL LIMITATIONS AND THEREFORE IS NOT TAXABLE. HOUSING ALLOWANCE: DR. WYLIE LIVES IN ON-CAMPUS HOUSING FOR THE CONVENIENCE OF ENDICOTT COLLEGE AND THE HOUSING IS THEREFORE NOT TAXABLE. THE RESIDENCE IS USED EXTENSIVELY FOR COLLEGE FUNCTIONS. THE VALUE OF THE HOUSING ALLOWANCE IS INCLUDED IN SCHEDULE J, PART II UNDER COLUMN(D) NONTAXABLE BENEFITS. |
| METHODS TO ESTABLISH COMPENSATION | PART I, LINE 3 | THE PRESIDENT IS COMPENSATED IN ACCORDANCE WITH A MULTI-YEAR COMPENSATION PLAN THAT IS BASED UPON RESEARCH ON COMPENSATION AWARDED TO PRESIDENTS IN SIMILAR INSTITUTIONS, TOGETHER WITH AN APPRAISAL OF THE PRESIDENT'S PERFORMANCE. THE PRESIDENT'S PERFORMANCE IS REVIEWED BY THE BOARD OF TRUSTEES ON AN ANNUAL BASIS. |
| NON-QUALIFIED SUPPLEMENTAL RETIREMENT PLAN | PART I, LINE 4B | DR. RICHARD E. WYLIE, PRESIDENT, PARTICIPATES IN A NON-QUALIFIED SUPPLEMENTAL RETIREMENT PLAN. DR. WYLIE RECEIVED $90,452 FROM THIS PLAN DURING CALENDAR YEAR 2011. |
| COMPENSATION | PART II | LYNNE B. O'TOOLE, EXECUTIVE VICE PRESIDENT AND VICE PRESIDENT OF FINANCE, IS COMPENSATED IN ACCORDANCE WITH AN AGREEMENT THAT PROVIDES FOR A RETIREMENT/SEPARATION PAYMENT EQUAL TO $50,000 FOR EACH YEAR AFTER SEPTEMBER 1, 2009, THAT SHE HAS WORKED. THE 2011 COMPENSATION IS INCLUDED IN TAXABLE WAGES. A CHILD OF A UNIVERSITY EMPLOYEE MENTIONED IN PART II ATTENDED ENDICOTT COLLEGE UNDER THE COLLEGE'S TUITION REMISSION BENEFIT. CALENDAR YEAR TUITION REMISSION OF $26,730 IS INCLUDED IN SCHEDULE J, PART II UNDER COLUMN (D) NONTAXABLE BENEFITS. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| MHEFA - SERIES D | |||||||
| 042456011 | 57586CCV5 | 2004-05-20 | 33625000 | REFINANCE DEBT & CONSTRUCTION | false | false | false |
| MHEFA - SERIES E | |||||||
| 042456011 | 57586CM51 | 2007-11-15 | 12550000 | REFINANCE DEBT & CONSTRUCTION | false | false | false |
| MHEFA - SERIES F | |||||||
| 042456011 | 2010-04-01 | 10000000 | REFINANCE DEBT & CONSTRUCTION | false | false | false | |
Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)
| Amount RetiredAmountRetired | Amount Bond DefeasedAmountBondDefeased | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Capitalized InterestCapitalizedInterest | Refunding EscrowRefundingEscrow | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Working Capital ExpendituresWorkingCapitalExpenditures | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Amount UnspentAmountUnspent | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 33625000 | 0 | 0 | 0 | 517236 | 0 | 0 | 33107764 | 0 | 0 | 2006 | true | false | true | true |
| 0 | 0 | 12550000 | 0 | 0 | 0 | 248605 | 0 | 0 | 12301395 | 0 | 0 | 2009 | false | false | true | true |
| 0 | 0 | 10000000 | 0 | 0 | 0 | 125500 | 0 | 0 | 9874500 | 0 | 0 | 2012 | false | false | true | true |
Form990 Schedule K Part III Form990ScheduleKPartIII (3 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|
| false | false | false | false | 0.00000 | 0.00000 | 0.00000 | true |
| false | false | false | false | 0.00000 | 0.00000 | 0.00000 | true |
| false | false | false | false | 0.00000 | 0.00000 | 0.00000 | true |
Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Term Of HedgeTermOfHedge | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Business Name Line1NameOfGICProvider/BusinessNameLine1 | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate | Superintegrated HedgeSuperintegratedHedge | Hedge TerminatedHedgeTerminated |
|---|---|---|---|---|---|---|---|---|---|
| BANK OF AMERICA | |||||||||
| false | true | true | 20. | false | 0 | false | false | ||
| BANK OF AMERICA | |||||||||
| false | true | true | 30. | false | 0 | false | false | ||
| 0 | |||||||||
| false | false | false | false | 0 | false | false | false | false | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fed Tax Requirements Compliance | X | FedTaxRequirementsCompliance |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Interested Person | NA | NameOfInterestedPerson |
| Relationship With Organization | N/A | RelationshipWithOrganization |
| Amount Of Grant | 26730 | AmountOfGrant |
| Type Of Assistance | TUITION | TypeOfAssistance |
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| BRIAN WYLIE | |||
| FAMILY MEMBER-PRES. WYLIE | 120981 | COMPENSATION - ATHLETIC DIR. | false |
| SAMUEL ALEXANDER | |||
| FAMILY MEMBER OF TRUSTEE | 48207 | COMPENSATION - FACULTY | false |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 4 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 66504 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts | |
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | true | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| CONTRIBUTIONS | PART I, COLUMN (B) | THE COLLEGE IS REPORTING THE NUMBER OF CONTRIBUTIONS IN COLUMN (B). POLICY ON NON-CASH GIFTS PART I, LINE 31 GIFTS OTHER THAN CASH, CHECK, PAYROLL DEDUCTION OR STOCK ARE ACCEPTED AFTER A FORM IS ROUTED AND SIGNED OFF BY THE PRESIDENT, TREASURER, VP OF FINANCE, AND VP OF INSTITUTIONAL ADVANCEMENT |
| NON-CASH CONTRIBUTIONS | PART I, LINE 32B | THE COLLEGE ENGAGES RAYMOND JAMES FINANCIAL TO RECEIVE AND SELL GIFTS OF STOCK. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (10 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ORGANIZATION'S MISSION | FORM 990, PART I, LINE 1 | THE MISSION OF ENDICOTT COLLEGE IS TO INSTILL IN STUDENTS AN UNDERSTANDING OF AND AN APPRECIATION FOR PROFESSIONAL AND LIBERAL STUDIES. DEEPLY WOVEN WITHIN THIS PHILOSOPHY IS THE CONCEPT OF APPLIED LEARNING WHICH HAS BEEN THE HALLMARK OF ENDICOTT. LINKING CLASSROOM AND OFF CAMPUS WORK EXPERIENCE THROUGH REQUIRED INTERNSHIPS REMAINS THE MOST DISTINGUISHING FEATURE OF THE COLLEGE. ENDICOTT HAS A VISION FOR THE TOTAL DEVELOPMENT OF THE INDIVIDUAL WITHIN A COMMUNITY WHICH FOSTERS AN APPRECIATION OF DIVERSITY, INTERNATIONAL AWARENESS, COMMUNITY SERVICE, AND MORAL AND ETHICAL VALUES. ENDICOTT IS AN INNOVATIVE AND VIBRANT, STUDENT CENTERED INSTITUTION WHICH SUPPORTS UNDERGRADUATE AND GRADUATE STUDENTS IN THEIR PURSUIT OF KNOWLEDGE. COMMON THREADS RUN THROUGH THE FABRIC OF THE "ENDICOTT EXPERIENCE": INCREASED SELF-CONFIDENCE, STRONGER PROFESSIONAL SKILLS AND TECHNOLOGICAL COMPETENCIES, AND PERHAPS THE MOST VALUED OF ALL, LIVES OPEN TO CHANGE. STATEMENT OF UNDERSTANDING ENDICOTT COLLEGE IS COMMITTED TO PROVIDING AN EDUCATIONAL EXPERIENCE THAT WILL ENCOURAGE STUDENTS TO VIEW THE CONCEPT OF DIVERSITY FROM A VARIETY OF PERSPECTIVES IN ORDER TO FOSTER UNDERSTANDING AND ULTIMATELY GREATER RESPECT AND ACCEPTANCE AMONG INDIVIDUALS. EMBRACING DIVERSITY MEANS UNDERSTANDING AND RESPECTING OUR INDIVIDUAL DIFFERENCES, WHICH INCLUDES THE DIMENSIONS OF RACE, ETHNICITY, GENDER, SEXUAL ORIENTATION, SOCIO-ECONOMIC STATUS, AGE, DIFFERING ABILITIES (E.G., PHYSICAL, EMOTIONAL, AND COGNITIVE), RELIGIOUS AND POLITICAL BELIEFS. CENTRAL TO THE EXPLORATION OF THE DIFFERENCES AND SIMILARITIES AMONG INDIVIDUALS IS THE NEED TO OFFER A SAFE, POSITIVE, AND SUPPORTIVE ENVIRONMENT. THE GOAL IS TO REACH A GREATER UNDERSTANDING OF EACH OTHER AND TO MOVE BEYOND SIMPLE TOLERANCE TO EMBRACING AND CELEBRATING THE RICH DIMENSIONS OF DIVERSITY CONTAINED WITHIN EACH INDIVIDUAL. |
| PROGRAM SERVICE ACCOMPLISHMENTS | FORM 990, PART III, LINE 1 | ENDICOTT IS RANKED #10 IN THE TOP TIER OF NORTHERN BACCALAUREATE COLLEGES BY US NEWS AND WORLD BEST COLLGES 2011 REPORT. THE COLLEGE WAS RANKED IN THE TOP TIER OF NORTHERN REGIONAL UNIVERSITIES AT #68 OF 177 INSTITUTIONS IN THE BEST COLLEGES 2012 REPORT. DURING FISCAL 2012, FOR FALL 2012 ADMISSION, THE OFFICE OF ADMISSION RECEIVED 3,917 APPLICATIONS, ACCEPTED 62% OF THE APPLICANTS, AND ENROLLED 30% OF THOSE ACCEPTED FOR ADMISSION. THE COLLEGE AWARDED 581 UNDERGRADUATE DEGREES AND 379 MASTERS DEGREES IN 2011-2012. OUR GRADUATES HAD 100% PASS RATES ON EXTERNAL EXAMINATIONS FOR NURSING, ATHLETIC TRAINING, AND EDUCATION. EXTERNAL LICENSURE FOR THESE PROGRAMS IS ASSESSED BY THE NATIONAL COUNCIL LICENSURE EXAMINATION, THE NATA BOARD OF CERTIFICATION LICENSURE, AND THE MASSACHUSETTS TEST OF EDUCATOR LICENSURE, RESPECTIVELY. ENDICOTT'S RETENTION RATE OF FRESHMAN ENTERING 2010 AND RETURNING 2011 WAS 88%. THE SIX YEAR GRADUATION RATE FOR FRESHMAN ENTERING 2005 WAS 67%. OF THE 2011 GRADUATES WHO RESPONDED TO CAREER SURVEYS, 77% OF DAY DIVISION GRADUATES WERE EMPLOYED FULL-TIME WITHIN 12 MONTHS OF GRADUATION. 87% OF THOSE EMPLOYED DAY DIVISION GRADUATES WERE IN EMPLOYMENT RELATED TO THEIR MAJOR. 41% OF THE COLLEGE'S DAY DIVISION GRADUATES FOUND EMPLOYMENT THROUGH THEIR INTERNSHIP SITE. IN 2011, 60% OF THE ENDICOTT STUDENT BODY PARTICIPATED IN COMMUNITY SERVICE, FOR A TOTAL OF 19,013 COMMUNITY SERVICE HOURS PERFORMED BY 1,376 STUDENTS. THE STATE AND NATIONAL AVERAGE IS 29% AND 27%, RESPECTIVELY. |
| PROGRAM SERVICES | FORM 990, PART III, LINES 4A-4D | LINE 4A *EDUCATION AND AUXILIARY* ENDICOTT'S UNDERGRADUATE COLLEGE OFFERS BACHELOR OF FINE ARTS, BACHELOR OF ARTS, AND BACHELOR OF SCIENCE DEGREES. DAY PROGRAM ENROLLMENT FOR FALL 2011 WAS 2,299 STUDENTS, WITH ANOTHER 143 STUDENTS ENROLLED IN MADRID, SPAIN, MEXICO CITY, MEXICO, AND DEVONSHIRE, BERMUDA. THE SCHOOL OF GRADUATE AND PROFESSIONAL STUDIES GRANTS ASSOCIATE IN ARTS, ASSOCIATE IN SCIENCE, BACHELOR OF ARTS, BACHELOR OF SCIENCE, MASTER OF EDUCATION, MASTER OF FINE ARTS, MASTER OF SCIENCE, AND MASTER OF BUSINESS ADMINISTRATION DEGREES. ENROLLMENT IN THE SCHOOL OF GRADUATE AND PROFESSIONAL STUDIES, INCLUDING PROGRAMS IN MADRID, SPAIN, MEXICO CITY, MEXICO, DEVONSHIRE, BERMUDA, LEYSIN, SWITZERLAND, AND PRAGUE, CZECH REPUBLIC WAS 2,152 STUDENTS. IN ADDITION TO DEGREE PROGRAMS, PROFESSIONAL DEVELOPMENT PROGRAMS AND CONSULTING ARE OFFERED THROUGH THE SCHOOL OF GRADUATE AND PROFESSIONAL STUDIES. ENDICOTT COLLEGE'S ACADEMIC OFFERINGS PROVIDE UNDERGRADUATES WITH AN ENRICHING AND CHALLENGING EDUCATIONAL EXPERIENCE. STUDENTS SELECT FROM A BROAD ARRAY OF MAJOR AND MINOR PROGRAM OFFERINGS WHICH ARE AUGMENTED BY COURSEWORK IN THE LIBERAL ARTS AND REQUIRED EXPERIENTIAL LEARNING OPPORTUNITIES WITHIN THEIR PROFESSIONAL AREAS OF STUDY. ENDICOTT COLLEGE OFFERS A LARGE VARIETY OF RESIDENCE HALL OPTIONS FOR STUDENTS, RANGING FROM TRADITIONAL TO APARTMENT STYLE HOUSING. FACILTIES CONSIST OF CONVERTED MANSIONS, SMALLER HOUSE TOWNHOUSES, AND LARGER RESIDENCE HALLS. FOR THE FALL 2011 SEMESTER, 1,931 STUDENTS WERE HOUSED ON CAMPUS. ALL RESIDENT STUDENTS MUST ENROLL IN ONE OF FOUR MEAL PLANS OFFERED DURING THE ACADEMIC YEAR. DINING OPTIONS INCLUDE A LARGE DINING HALL, TWO CAFES, AND A LODGE. LINE 4B *ACADEMIC SUPPORT* ENDICOTT OFFERS STUDENTS VARIOUS PROGRAMS AND FACILITIES TO ENHANCE AND ENCOURAGE THEIR ACTIVE PARTICIPATION IN THE INTELLECTUAL LIFE OF THE COLLEGE AND PROMOTE THEIR SUCCESSFUL PERFORMANCE IN THE CLASSROOM. THIS IS ACCOMPLISHED THROUGH STATE-OF-THE-ART ACADEMIC TECHNOLOGY, THE CENTER FOR TEACHING AND LEARNING, THE DIANE M. HALLE LIBRARY, THE WRITING CENTER, ACADEMIC ADMINISTRATION, AND THE KEYS TO DEGREES SINGLE PARENT PROGRAM. LINE 4C *STUDENT SERVICES* STUDENT SERVICES SUPPORT THE ACADEMIC AND PERSONAL DEVELOPMENT OF EACH STUDENT THROUGH A VARIETY OF OFFICES AND PROGRAMS, INCLUDING STUDENT ACTIVITIES, PERSONAL COUNSELING, HEALTH, COMMUNITY SERVICE, AND ATHLETIC PROGRAMS. EXPERIENCE BEYOND THE CLASSROOM SETTING AFFORDS STUDENTS WITH OPPORTUNITIES TO GAIN A GREATER UNDERSTANDING AND APPRECIATION OF SELF, OTHERS, AND THE WORLD AROUND THEM. THE STUDENT AFFAIRS DIVISION IS DESIGNED TO COMPLEMENT AND SUPPLEMENT THE ACADEMIC EXPERIENCE OF EVERY STUDENT. OTHER FUNCTIONS INCLUDED IN STUDENT SERVICES INCLUDE THE ADMISSIONS, FINANCIAL AID, REGISTRAR, AND CAREER DEVELOPMENT. LINE 4D OTHER PROGRAM SERVICE EXPENSES INCLUDE CONFERENCE AND EDUCATION SERVICES. ENDICOTT COLLEGE PROVIDES FACILITIES AND SERVICES FOR EDUCATIONAL, BUSINESS, AND COMMUNITY EVENTS. ASSOCIATED REVENUES ARE CAREFULLY ANALYZED AND CLASSIFIED AS EITHER RELATED OR EXEMPT FUNCTION REVENUE OR AS UNRELATED BUSINESS REVENUE. IN ADDITION TO CONFERENCE AND EVENTS RELATED REVENUE, OTHER PROGRAM REVENUE INCLUDES BOOKSTORE AND VENDING COMMISSIONS, PARKING FEES, RECOGNITION OF DEFERRED REVENUE, FORFEITED ENROLLMENT DEPOSITS AND OTHER MISCELLANEOUS RECEIPTS. |
| TRUSTEES BUSINESS RELATIONSHIP | FORM 990, PART VI, LINE 2 | BOTH THOMAS J. ALEXANDER AND WILLIAM F. HOWARD, TRUSTEES FOR THE COLLEGE, SERVE ON THE BOARD OF BEVERLY COOPERATIVE BANK, A LOCAL FINANCIAL INSTITUTION. |
| FORM 990 REVIEW PROCESS | FORM 990, PART VI, LINE 11A | THE TAX RETURN INFORMATION IS GATHERED FROM THE FINANCE OFFICE AND USED TO POPULATE THE FORM 990 IN CONJUNCTION WITH KPMG, LLP, INDEPENDENT TAX CONSULTANT. ONCE THE DRAFT TAX RETURN IS FULLY ANALYZED AND REVIEWED BY THE MANAGEMENT TEAM, IT IS PRESENTED TO THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. A REPRESENTATIVE OF KPMG'S TAX GROUP ATTENDS THE SCHEDULED MEETING TO ENSURE THAT ALL PERSONS HAVE HAD AN OPPORTUNITY TO ASK QUESTIONS AND DISCUSS THE CONTENT OF THE TAX RETURN. FOLLOWING THE FINANCE COMMITTEE REVIEW AND APPROVAL, IT IS PRESENTED TO THE ENTIRE BOARD OF TRUSTEES FOR THEIR REVIEW AND COMMENT PRIOR TO THE FILING OF THE FORM. |
| CONFLICT OF INTEREST POLICY | FORM 990, PART VI, LINE 12C | IN 2010, ENDICOTT'S BOARD OF TRUSTEES APPROVED A REVISED POLICY THAT COVERS BOARD OF TRUSTEE MEMBERS, OFFICERS, AND KEY EMPLOYEES. THOSE COVERED IN THE POLICY ARE REQUIRED TO EXECUTE AND SUBMIT TO THE VICE PRESIDENT OF FINANCE AN ANNUAL STATEMENT THAT ACKNOWLEDGES THEY RECEIVED, READ, AND UNDERSTAND THE CONFLICT OF INTEREST POLICY; THEY UNDERSTAND THAT ENDICOTT COLLEGE IS A NOT-FOR-PROFIT ENTITY WHICH MUST NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS; AND THAT THE COLLEGE MUST BE OPERATED FOR THE PURPOSES STATED IN ITS BYLAWS. THEY AGREE TO COMPLY WITH THE POLICY AND ACKNOWLEDGE THAT, EXCEPT AS INDICATED IN THE SPACE PROVIDED ON THE ANNUAL STATEMENT, THEY HAVE NOTHING TO DISCLOSE THAT IS IN CONFLICT WITH THE ESTABLISHED POLICY. SHOULD ANY CHANGE OCCUR IN THEIR SITUATION, THEY WILL SUBMIT A FURTHER STATEMENT COVERING THE MATTER. THE VICE PRESIDENT OF FINANCE WILL FOLLOW THE PROCEDURES SET FORTH IN THE POLICY FOR ANY STATEMENT THAT INCLUDES A DISCLOSURE OF CONFLICT. |
| WHISTLEBLOWER POLICY | FORM 990, PART VI, LINE 13 | IN 2011, ENDICOTT'S BOARD OF TRUSTEES APPROVED A WHISTLEBLOWER POLICY FOR FACULTY AND STAFF. THE POLICY DEFINES MISCONDUCT AS: ABUSE OF AUTHORITY, UNETHICAL BEHAVIOR, OR GROSS MISCONDUCT; INAPPROPRIATE OR ILLEGAL USE OF COLLEGE FUNDS, SUCH AS THEFT BY BRIBERY OR CORRUPTION; SIGNIFICANT AND SPECIFIC DANGER TO PUBLIC HEALTH OR SAFETY; A VIOLATION OF LAW. FURTHER, THE POLICY STATES THAT REPORTED VIOLATIONS WILL BE PROMPTLY INVESTIGATED AND TREATED CONFIDENTIALLY TO THE EXTENT POSSIBLE AND THE COLLEGE WILL NOT TAKE ANY PERSONNEL ACTION AS RETAILIATION AGAINST AN EMPLOYEE WHO DISCLOSES INFORMATION REGARDING MISCONDUCT. EMPLOYEES ARE ENCOURAGED TO REPORT CONCERNS THROUGH AN ANONYMOUS VOICE MAIL BOX OR BY COMPLETING AN ANONYMOUS REPORTING FORM ACCESSIBLE ON THE CAMPUS SAFETY WEB PAGE. STUDENTS ARE ALSO ENCOURAGED TO REPORT ANY ACTIVITY THAT IS TAKING PLACE WITHIN THE ENDICOTT COMMUNITY THAT IS CONTRARY TO THE IDEALS AND VALUES OF THE COLLEGE. CONCERNS ARE REPORTED IN THE SAME MANNER AS FACULTY AND STAFF. |
| COMPENSATION POLICY | FORM 990, PART VI, LINE 15 | THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES IS RESPONSIBLE FOR DUE DILIGENCE OF THE CHIEF EXECUTIVE OFFICER AND SENIOR MANAGEMENT'S COMPENSATION TO ASSURE THAT ENDICOTT COMPLIES WITH IRS REQUIREMENTS FOR NOT-FOR-PROFIT COMPENSATION. THE COMMITTEE REVIEWS AND DISCUSSES COMPENSATION OF COMPARABLE JOBS IN COMPARABLE COLLEGES AND UNIVERSITIES IN THE BOSTON AREA AND NEW ENGLAND. THE PRESIDENT IS COMPENSATED IN ACCORDANCE WITH A MULTI-YEAR COMPENSATION PLAN THAT IS BASED UPON RESEARCH ON COMPENSATION AWARDED TO PRESIDENTS IN SIMILAR INSTITUTIONS, TOGETHER WITH AN APPRAISAL OF THE PRESIDENT'S PERFORMANCE. THE PRESIDENT'S PERFORMANCE IS REVIEWED BY THE BOARD ON AN ANNUAL BASIS. THE CONCLUSIONS AND RECOMMENDATIONS OF THE COMPENSATION COMMITTEE ARE REVIEWED AND APPROVED REGULARLY BY THE FULL BOARD. THE COMPENSATION COMMITTEE ALSO REVIEWS AND GUIDES MANAGEMENT WITH RESPECT TO IMPLEMENTATION OF THE COMPENSATION POLICY FOR ALL OTHER EMPLOYEES. SALARIES ARE REVIEWED AND ADJUSTED ANNUALLY, BASED ON PERFORMANCE (AS MEASURED IN AN ANNUAL PERFORMANCE REVIEW) AND CHANGES IN RESPONSIBILITY. MINUTES OF COMPENSATION COMMITTEE MEETINGS ARE DOCUMENTED. THE ENGAGEMENT OF AN INDEPENDENT COMPENSATION CONSULTANT WAS DISCUSSED IN APRIL 2012, AND A FIRM WAS ENGAGED IN AUGUST 2012 TO COMPLETE AN EXECUTIVE COMPENSATION SURVEY. |
| PUBLIC DISCLOSURE | FORM 990, PART VI, LINE 19 | THE ORGANIZATION'S FORM 990, GOVERNING DOCUMENTS AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE POSTED ON THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE AND THE FORM 990 IS POSTED AT WWW.GUIDESTAR.ORG. |
| OTHER CHANGES IN NET ASSETS | FORM 990, PART XI, LINE 5 | UNREALIZED LOSS ON INVESTMENTS (2,299,809) CHANGE IN LIABILITY FOR INTEREST RATE SWAP (4,710,732) ----------- TOTAL (7,010,541) |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ENDICOTT COLLEGE SC-MEXICO CITY CAMPUS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 999999999 | EIN |
| Primary Activities | EDUCATION | PrimaryActivities |
| Legal Domicile Foreign Country | MX | LegalDomicileForeignCountry |
| Exempt Code Section | N/A | ExemptCodeSection |
| Public Charity Status | N/A | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | true | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | true | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ENDICOTT COLLEGE SC-MEXICO CITY CAMPUS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | d | TransactionType |
| Amount Involved | 851651 | AmountInvolved |
| Method Of Amt Determination | COST | MethodOfAmtDetermination |
Comments