RIDGEFIELD ACADEMY INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- RIDGEFIELD ACADEMY INC (EIN 06-1492527)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2012-11-14
- IRS object ID
- 201203199349305955
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-14T15:44:58-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 060530830 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEWARD AND MONDE CPA'S | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 296 STATE STREET | AddressLine1 |
| City | NORTH HAVEN | City |
| State | CT | State |
| ZIP Code | 064732165 | 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 | 061492527 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RIDGEFIELD ACADEMY INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | RIDG | NameControl |
| Phone | 2038941800 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 223 WEST MOUNTAIN ROAD | AddressLine1 |
| City | RIDGEFIELD | City |
| State | CT | State |
| ZIP Code | 06877 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES P HEUS | Name |
| Title | HEAD OF SCHOOL | Title |
| Phone | 2038941800 | Phone |
| Date Signed | 2012-11-12 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | THOMAS F LYDEN | Name |
| PTIN | P01215353 | PTIN |
| Phone | 2032489341 | 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 | JAMES P HEUS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 223 WEST MOUNTAIN ROAD | AddressLine1 |
| City | RIDGEFIELD | City |
| State | CT | State |
| ZIP Code | 06877 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 16421741 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.RIDGEFIELDACADEMY.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1975 | YearFormation |
| State Legal Domicile | CT | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE EDUCATIONAL AND OTHER STUDENT PROGRAMS TO CHILDREN. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 21 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 21 | NbrIndependentVotingMembers |
| Total Nbr Employees | 203 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1377650 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 537944 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 12099924 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 12907046 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 412792 | InvestmentIncomePriorYear |
| Investment Income Current Year | 160691 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 300249 | OtherRevenuePriorYear |
| Other Revenue Current Year | 257115 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 14190615 | TotalRevenuePriorYear |
| Total Revenue Current Year | 13862796 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 545802 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 640209 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 626201 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 699837 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 7273873 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 8018202 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 325226 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 4061615 | OtherExpensePriorYear |
| Other Expenses Current Year | 4030377 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 12507491 | TotalExpensesPriorYear |
| Total Expenses Current Year | 13388625 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1683124 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 474171 | RevenuesLessExpensesCY |
| Total Assets BOY | 32501776 | TotalAssetsBOY |
| Total Assets EOY | 32782252 | TotalAssetsEOY |
| Total Liabilities BOY | 21192699 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 22157539 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 11309077 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 10624713 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE MISSION OF RIDGEFIELD ACADEMY IS TO EDUCATE AND ENCOURAGE STUDENTS TO BECOME KNOWLEDGEABLE, INDEPENDENT THINKERS WHO ARE PASSIONATE ABOUT LEARNING AND EMBRACE NEW CHALLENGES WITH CONFIDENCE AND ENTHUSIASM. THE SCHOOL STRIVES TO EQUIP CHILDREN WITH THE SKILLS, KNOWLEDGE, AND VALUES NECESSARY FOR SUCCESS IN SCHOOL AND IN LIFE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 11505075 | Expense |
| Grants | 640209 | Grants |
| Revenue | 12045207 | Revenue |
| Description | INSTRUCTION OF APPROXIMATELY 693 PRE-SCHOOL AND ELEMENTARY SCHOOL AGED CHILDREN BY APPROXIMATELY 109 QUALIFIED INSTRUCTORS | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 103432 | Expense |
| Revenue | 191458 | Revenue |
| Description | CONDUCTING SUMMER CAMP PROGRAMS | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 29456 | Expense |
| Revenue | 302838 | Revenue |
| Description | CONDUCTING AN AFTER SCHOOL PROGRAM FOR STUDENTS | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 417957 | Expense |
| Revenue | 366900 | Revenue |
| Description | AUXILIARY SERVICES | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 417957 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 366900 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 12055920 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 21 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 203 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 21 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 21 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 1 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 0 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MR LARRY MCDOWELL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2038941800 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 223 WEST MOUNTAIN ROAD | AddressLine1 |
| City | RIDGEFIELD | City |
| State | CT | State |
| ZIP Code | 06877 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (25 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| TIMOTHY BIRCH | |||||||
| CHAIR | 8.00 | X | X | 0 | 0 | 0 | |
| BARBARA FURLO | |||||||
| DIRECTOR | 4.00 | X | 0 | 0 | 0 | ||
| AL BARTOSIC | |||||||
| DIRECTOR | 7.00 | X | 0 | 0 | 0 | ||
| JILL BORNSTEIN | |||||||
| VICE CHAIR | 10.00 | X | X | 0 | 0 | 0 | |
| JANE DAVIS-BUNT | |||||||
| DIRECTOR | 4.00 | X | 0 | 0 | 0 | ||
| MATT DUFFY | |||||||
| DIRECTOR | 4.00 | X | 0 | 0 | 0 | ||
| HOWARD TURNER | |||||||
| DIRECTOR | 4.00 | X | 0 | 0 | 0 | ||
| CARLETON HENRICH | |||||||
| DIRECTOR | 4.00 | X | 0 | 0 | 0 | ||
| TOM MARTIN | |||||||
| DIRECTOR | 4.00 | X | 0 | 0 | 0 | ||
| VALERIE JENSEN | |||||||
| DIRECTOR | 6.00 | X | 0 | 0 | 0 | ||
| THOMAS MAIN | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| JANE NIELSEN | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| DOMINIC RISPOLI | |||||||
| TREASURER | 8.00 | X | X | 0 | 0 | 0 | |
| SCOTT LINKE | |||||||
| DIRECTOR | 9.00 | X | 0 | 0 | 0 | ||
| JOHN BERISFORD | |||||||
| DIRECTOR | 4.00 | X | 0 | 0 | 0 | ||
| MARK BAKER | |||||||
| DIRECTOR | 4.00 | X | 0 | 0 | 0 | ||
| DR PAUL CHU | |||||||
| SECRETARY | 3.00 | X | X | 0 | 0 | 0 | |
| GERALD GARAVEL | |||||||
| DIRECTOR | 6.00 | X | 0 | 0 | 0 | ||
| CHRISTINE CHURCHILL | |||||||
| DIRECTOR | 4.00 | X | 0 | 0 | 0 | ||
| ERIC HEATON | |||||||
| DIRECTOR | 4.00 | X | 0 | 0 | 0 | ||
| KRISTINA LARSON | |||||||
| DIRECTOR | 4.00 | X | 0 | 0 | 0 | ||
| JAMES P HEUS | |||||||
| HEAD OF SCHOOL | 50.00 | X | 238205 | 0 | 130771 | ||
| LARRY MCDOWELL | |||||||
| BUSINESS MANAGER | 50.00 | X | 144634 | 0 | 18888 | ||
| JOSEPH PERRY JR | |||||||
| HEAD OF MIDDLE/UPPER SCHOOL | 50.00 | 106162 | 0 | 8619 | X | ||
| TARA SIMEONIDIS | |||||||
| DIRECTOR OF PRESCHOOL/LOWER SCHOOL | 50.00 | 102263 | 0 | 8094 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 591264 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 166372 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| PUSTOLA & ASSOCIATES | |||||
| 185 MEADOW STREET | NAUGATUCK | CT | 06770 | CONSTRUCTION | 435609 |
| SYSCO CONNECTICUT LLC | |||||
| PO BOX 4003 | ROCKY HILL | CT | 06067 | FOOD SERVICE | 144079 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
| All Other Contributions | 537944 | AllOtherContributions |
| Noncash Contributions | 54031 | NoncashContributions |
| Total Contributions | 537944 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 900099 | 12045207 | 12045207 |
| AUXILIARY SERVICES | 722210 | 366900 | 366900 |
| OTHER PROGRAMS | 611710 | 302838 | 302838 |
| SUMMER PROGRAMS | 900099 | 191458 | 191458 |
| MISCELLANEOUS REVENUES | 900099 | 643 | 643 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 12907046 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 202744 | TotalRevenueColumn |
| Exclusion | $202,744 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 13350 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 13350 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 13350 | TotalRevenueColumn |
| Exclusion | $13,350 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2399568 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2441621 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -42053 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -42053 | TotalRevenueColumn |
| Exclusion | -$42,053 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 361089 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 117324 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 243765 | TotalRevenueColumn |
| Exclusion | $243,765 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 13862796 | TotalRevenueColumn |
| Related Or Exempt Function Income | 12907046 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $417,806 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 640209 | Total |
| Program Services | 640209 | ProgramServices |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 699837 | Total |
| Program Services | 699837 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 550443 | Total |
| Program Services | 304617 | ProgramServices |
| Management And General | 206249 | ManagementAndGeneral |
| Fundraising | 39577 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6118944 | Total |
| Program Services | 5606186 | ProgramServices |
| Management And General | 326511 | ManagementAndGeneral |
| Fundraising | 186247 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 207920 | Total |
| Program Services | 191659 | ProgramServices |
| Management And General | 10752 | ManagementAndGeneral |
| Fundraising | 5509 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 577938 | Total |
| Program Services | 560862 | ProgramServices |
| Management And General | 11675 | ManagementAndGeneral |
| Fundraising | 5401 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 562957 | Total |
| Program Services | 498743 | ProgramServices |
| Management And General | 48130 | ManagementAndGeneral |
| Fundraising | 16084 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37727 | Total |
| Program Services | 37727 | ProgramServices |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 163044 | Total |
| Program Services | 163044 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1200025 | Total |
| Program Services | 1092552 | ProgramServices |
| Management And General | 67506 | ManagementAndGeneral |
| Fundraising | 39967 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 88253 | Total |
| Program Services | 88253 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 719970 | Total |
| Program Services | 635423 | ProgramServices |
| Management And General | 84547 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 139538 | Total |
| Program Services | 139538 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 620060 | Total |
| Program Services | 558054 | ProgramServices |
| Management And General | 62006 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 900322 | Total |
| Program Services | 765274 | ProgramServices |
| Management And General | 135048 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| MISCELLANEOUS | 75501 | 20315 | 22745 | 32441 |
| PROFESSIONAL FEES | 32310 | 32310 | ||
| BAD DEBTS | 29785 | 29785 | ||
| MEALS & ENTERTAINMENT | 23842 | 23842 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13388625 | Total |
| Program Services | 12055920 | ProgramServices |
| Management And General | 1007479 | ManagementAndGeneral |
| Fundraising | 325226 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 455609 | BOY |
| EOY | 422564 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11992908 | BOY |
| EOY | 11908821 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 797043 | BOY |
| EOY | 229041 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 154325 | BOY |
| EOY | 32037 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 19750 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 93595 | BOY |
| EOY | 314503 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 20207628 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 6074373 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13411756 | BOY |
| EOY | 14133255 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4804923 | BOY |
| EOY | 5166487 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 791617 | BOY |
| EOY | 555794 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32501776 | BOY |
| EOY | 32782252 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 925153 | BOY |
| EOY | 1104895 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7733227 | BOY |
| EOY | 7523153 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11025000 | BOY |
| EOY | 10760000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24126 | BOY |
| EOY | 24210 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1485193 | BOY |
| EOY | 2745281 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21192699 | BOY |
| EOY | 22157539 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9737469 | BOY |
| EOY | 9382562 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 961898 | BOY |
| EOY | 292747 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 609710 | BOY |
| EOY | 949404 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11309077 | BOY |
| EOY | 10624713 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32501776 | BOY |
| EOY | 32782252 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 474171 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -1158535 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 608512 | BeginningOfYearBalance |
| Contributions | 339694 | Contributions |
| Investment Earnings Or Losses | 1059 | InvestmentEarningsOrLosses |
| End Of Year Balance | 949265 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 250155 | BeginningOfYearBalance |
| Contributions | 351610 | Contributions |
| Investment Earnings Or Losses | 6747 | InvestmentEarningsOrLosses |
| End Of Year Balance | 608512 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 41795 | BeginningOfYearBalance |
| Contributions | 204100 | Contributions |
| Investment Earnings Or Losses | 4324 | InvestmentEarningsOrLosses |
| Other Expenditures | 64 | OtherExpenditures |
| End Of Year Balance | 250155 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 51418 | BeginningOfYearBalance |
| Contributions | 2000 | Contributions |
| Investment Earnings Or Losses | -10046 | InvestmentEarningsOrLosses |
| Other Expenditures | 1577 | OtherExpenditures |
| End Of Year Balance | 41795 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2000000 | OtherCostOrOtherBasis |
| Book Value | 2000000 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 16433475 | OtherCostOrOtherBasis |
| Depreciation | 4868427 | Depreciation |
| Book Value | 11565048 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1403177 | OtherCostOrOtherBasis |
| Depreciation | 922327 | Depreciation |
| Book Value | 480850 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 370976 | OtherCostOrOtherBasis |
| Depreciation | 283619 | Depreciation |
| Book Value | 87357 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 14133255 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INTEREST RATE SWAP | Description |
| Amount | $2,745,281 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2745281 | TotalOfAmounts |
| Total Revenue | 13862796 | TotalRevenue |
| Total Expenses | 13388625 | TotalExpenses |
| Excess Or Deficit For Year | 474171 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 101553 | NetUnrealizedGLOnInvestments |
| Other | -$1,260,088 | OtherAmount |
| Total Adjustments | -1158535 | TotalAdjustments |
| Excess Or Deficit Per FS | -684364 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 13403737 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 101553 | NetUnrealizedGainsInvestments |
| Other Revenues | 117324 | OtherRevenues |
| Revenue Not Rptd F990 | 218877 | RevenueNotRptdF990 |
| Revenue Subtotal | 13184860 | RevenueSubtotal |
| Investment Expenses Not Included | 37727 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 640209 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 677936 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 13862796 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 12828013 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 117324 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 117324 | ExpensesNotRptdF990 |
| Expenses Subtotal | 12710689 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 37727 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 640209 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 677936 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 13388625 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | FURTHERANCE OF THE ORGANIZATION'S EXEMPT PURPOSE AND DONOR STIPULATIONS. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | INTEREST RATE SWAP HEDGE ADJUSTMENT -1,260,088. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT - AUCTION 117,324. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID TO STUDENTS 640,209. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT - AUCTION 117,324. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID TO STUDENTS 640,209. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | Identifier |
| Return Reference | SCHEDULE E, PART I, LINE 3 | ReturnReference |
| Explanation | NOTED IN GENERAL PUBLICATIONS AND ADVERTISEMENTS | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | AUCTION | NameOfEvent1 |
| Gross Receipts Event1 | 361089 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 361089 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 117324 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 361089 | GrossReceiptsTotal |
| Gross Revenue Total Events | 361089 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 117324 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 117324 | DirectExpenseSummaryEvents |
| Net Income Summary | 243765 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | FINANCIAL AID TO STUDENTS | TypeOfGrant |
| Number Of Recipients | 47 | NumberOfRecipients |
| Amount Of Non Cash Assistance | 640209 | AmountOfNonCashAssistance |
| Method Of Valuation | FAIR MARKET VALUE | MethodOfValuation |
| Description Of Non Cash Assistance | REDUCTION OF TUITION COST CHARGED TO STUDENT | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE ORGANIZATION MAINTAINS A LISTING OF ALL SCHOLARSHIP RECIPIENTS AND AMOUNTS AWARDED TO EACH STUDENT. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JAMES P HEUS | |||||||||||||
| 238205 | 0 | 0 | 0 | 0 | 0 | 60000 | 0 | 70771 | 0 | 368976 | 0 | 0 | 0 |
| LARRY MCDOWELL | |||||||||||||
| 144634 | 0 | 0 | 0 | 0 | 0 | 11868 | 0 | 7020 | 0 | 163522 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| PART I, LINE 1A | ON-CAMPUS HOUSING IS PROVIDED TO THE HEAD OF SCHOOL. |
| PART I, LINE 4B | PART I, LINE 4B: JAMES P. HEUS $45,000 THE ABOVE AMOUNT IS INCLUDED IN SCHEDULE J, PART II, COLUMN C. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STATE OF CT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 060806186 | IssuerEIN |
| CUSIP Number | 2077AL2Z7 | CUSIPNumber |
| Date Issued | 2005-06-01 | DateIssued |
| Issue Price | 12000000 | IssuePrice |
| Description Of Purpose | TO PURCHASE APPROXIMATELY 42 ACRE RIDGEFIELD CAMPUS | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 12000000 | TotalProceeds |
| Issuance Costs From Proceeds | 250000 | IssuanceCostsFromProceeds |
| Capital Expenditures | 11750000 | CapitalExpenditures |
| Year Of Subst Completion | 2006 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 0 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 0 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Post Issuance Compliance Procdrs | 0 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 1 | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MORGAN STANLEY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 20.000000000000 | TermOfHedge |
| Superintegrated Hedge | 0 | SuperintegratedHedge |
| Hedge Terminated | 0 | HedgeTerminated |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JAMES P HEUS | NamePerson |
| Purpose Of Loan | SALARY ADVANCE | PurposeOfLoan |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $25,000 | OriginalPrincipalAmount |
| Balance Due | 19750 | BalanceDue |
| Default | 0 | Default |
| Approved By Board | 1 | ApprovedByBoard |
| Written Agreement | 0 | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 19750 | TotalBalanceDue |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 5 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 54031 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: | Identifier |
| Return Reference | PART I, COLUMN (B): | ReturnReference |
| Explanation | 5 IS THE NUMBER OF ACTUAL CONTRIBUTIONS MADE. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | THE BYLAWS WERE UPDATED IN 2012 TO ENACT VARIOUS CHANGES INCLUDING THE MINIMUM AND MAXIMUM NUMBER OF ALLOWABLE TRUSTEES, AND BOARD MEMBER VOTING POWERS. THERE WERE ALSO CHANGES TO THE COMMITTEES OF THE BOARD, AND THE BOARD'S ABILITY TO CREATE TASK FORCES AND COMMITTEES. IN ADDITION THERE WAS CLARIFICATION OF PREVIOUSLY APPROVED BOARD POLICIES. | |
| FORM 990, PART VI, SECTION A, LINE 8B | THE ORGANIZATION DOES NOT HAVE ANY OTHER COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. | |
| FORM 990, PART VI, SECTION B, LINE 11 | IN ACCORDANCE WITH A BOARD RESOLUTION, THE TREASURER REVIEWS AND APPROVES THE FORM 990 PRIOR TO THE FILING OF THE RETURN. IN ADDITION, THE FORM 990 WITHOUT SCHEDULE B IS PROVIDED TO THE FULL BOARD FOR THEIR REVIEW PRIOR TO FILING THE RETURN. | |
| FORM 990, PART VI, SECTION B, LINE 12C | ON AN ANNUAL BASIS, ALL BOARD MEMBERS AND TOP MANAGEMENT OFFICIALS ARE REQUIRED TO FILL OUT A CONFLICT OF INTEREST POLICY. ALL POTENTIAL ISSUES ARE REVIEWED AND RESOLVED IMMEDIATELY. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF TRUSTEES PERFORMS AN EVALUATION OF THE HEAD OF SCHOOL EACH YEAR. THE COMPENSATION COMMITTEE REVIEWS THE RESULTS OF THE EVALUATION AND MAKES RECOMMENDATIONS FOR COMPENSATION, WHICH ARE VOTED UPON BY THE BOARD AT THE JUNE MEETING. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE PHOTOCOPIED AND MAILED TO INDIVIDUALS OR ORGANIZATIONS UPON REQUEST. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 101,553. INTEREST RATE SWAP HEDGE ADJUSTMENT -1,260,088. TOTAL TO FORM 990, PART XI, LINE 5: -1,158,535. | CHANGES IN NET ASSETS OR FUND BALANCES: |
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