2012-03-20T01:48:54-07:00 2011-06-30 990 2010-07-01 880121831 SIERRA NEVADA COLLEGE SIER 7758817426 999 Tahoe Blvd Incline Village NV 89451 Richard Rubsamen 7758817510 2012-03-15 2010 2016-02-24 21:20:13Z Sierra Nevada College 999 Tahoe Blvd Incline Village NV 89451 22878307 0 X www.sierranevada.edu X 1969 NV Sierra Nevada College's mission is to combine the liberal arts and professional preparedness through an interdisciplinary curriculum. 9 9 535 0 0 0 3994414 5194690 13704592 15777857 118772 118432 39769 -469410 17857547 20621569 5489806 5599635 0 0 7739400 8572869 0 0 884994 6021866 6340502 19251072 20513006 -1393525 108563 50016758 47787896 29014222 26266989 21002536 21520907 Sierra Nevada College's mission is to combine the liberal arts and professional preparedness through an interdisciplinary curriculum which emphasizes entrepreneurial thinking and environmental, social, economic, and educational sustainability to produce graduates who will be scholars of and contributors to a sustainable world. 0 0 13986483 5599635 20621569 Sierra Nevada College is a fully accredited institution of higher learning. During fiscal year 2011 higher educational services were provided to approximately 1,000 students. 0 0 0 13986483 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 0 0 0 1 146 0 1 535 1 0 0 0 0 0 1 1 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 1 0 X Lynda Odell 7758817426 999 Tahoe blvd Incline Village NV 89451 Barry Munitz Ph D 4 X 0 0 0 Joel Kurtzman 4 X 0 0 0 Atam Lalchandani 8 X 0 0 0 Richard Merkin MD 4 X 0 0 0 Wayne Prim 8 X 0 0 0 Mike Neumann 4 X 0 0 0 Roger Wittenberg 8 X 0 0 0 Elaine Wynn 0 X 0 0 0 John Olsen 4 X 0 0 0 Richard Rubsamen 40 X 181487 0 0 Lynn Gillette Ph D 40 X 197082 0 0 Kristine Young 40 X 62303 0 0 Madylon Meiling Ph D 40 X 149562 0 0 Shannon Beets 60 X 114835 0 0 Daniel O'Bryan Ph D 40 X 111721 0 0 Richard Normington 40 X 124943 0 0 Robert Maxson Ph D 40 X 185467 0 0 1127400 0 0 7 1 1 0 Sodexo Food Service Dept 43283 Los Angeles CA 900883283 Food Services 977028 Hometown Health Premium Billing 830 Harvard Way Reno NV 89502 Health Care Insurance 712357 Sodexo Inc PO Box 360170 Pittsburgh PA 152516170 Facilities Management 701150 Wayne Prim Foundation PO Box 12219 Zephyr Cove NV 89448 Debt Service 245276 Nevada Energy PO Box 30065 Reno NV 89520 Utilities 153491 10 0 0 19755 174066 48916 4951953 66889 5194690 Tuition, Fees and Board 611310 15777857 15777857 0 0 0 0 0 0 15777857 116094 0 0 116094 0 0 0 0 0 0 0 0 989092 0 459336 0 529756 0 529756 0 0 529756 164856 0 162518 0 2338 0 2338 0 0 2338 33855 19755 34051 -196 0 -196 0 0 0 0 0 0 500047 1600833 -1100786 -1100786 0 0 Student AR Adjustments 611310 7882 7882 0 0 Mgt Fees (TCES) 611310 6460 6460 0 0 87474 87474 0 0 101816 20621569 14778887 0 647992 0 0 5599635 5599635 0 0 0 0 924777 450014 474763 0 0 0 0 0 5986539 4766864 676317 543358 124631 106494 8167 9970 975331 532339 382863 60129 561591 441948 78119 41524 0 0 0 0 111488 0 111488 0 67715 0 67715 0 0 0 0 0 0 0 0 0 0 0 1440174 300136 1087206 52832 212727 122909 2405 87413 652232 439247 169544 43441 281923 266214 13521 2188 0 0 0 0 236587 73324 162032 1231 281639 227164 51974 2501 0 0 0 0 28746 23525 4188 1033 550953 25367 525519 67 0 0 0 0 1172549 97712 1074565 272 168696 22883 145813 0 Bad Debt 9496 0 -1983 11479 Student Recruting 334008 256071 77937 0 Special Events 134394 87377 19987 27030 Community Service 255530 13140 242390 0 401645 134120 266999 526 20513006 13986483 5641529 884994 676715 187168 733149 722106 3043410 2051915 780061 905647 0 0 0 0 0 0 155555 138239 969017 827041 43148452 10611460 33380127 32536992 2378596 2959603 0 0 0 0 0 7900128 7459185 50016758 47787896 1701991 1902292 0 0 941151 772589 10660000 10195000 0 0 5180900 4660800 2572126 1011137 0 0 7958054 7725171 29014222 26266989 X 13403780 15073392 4172341 3021100 3426415 3426415 21002536 21520907 50016758 47787896 X 108563 409808 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3586305 0 521083 134129 0 100 3973159 3448301 3541 328102 193639 0 0 3586305 3947751 13541 -311355 201636 0 0 3448301 0 0.14 0.86 0 0 2820618 0 2820618 34904532 0 6593655 28310877 0 0 0 0 4636086 0 3501845 1134241 787216 0 515960 271256 32536992 Minimum Lease Payment 7459185 7459185 0 UCD Advanced Rents 7459185 Capital Leases 265986 7725171 20621569 20513006 108563 409808 0 0 0 -174066 235742 344305 17351896 409808 0 0 -5599635 -5189827 22541723 0 -1920154 -1920154 20621569 17007591 0 0 0 2094220 2094220 14913371 0 5599635 5599635 20513006 SchD_P05_S00_L04 Schedule D, Part V, Line 4 The intended uses of organization endowment funds are: Entrepreneurship, Visiting scholars, Student aid, Environmental studies and Tahoe forum. SchD_P11_S00_L08 Schedule D, Part XI, Line 8 For Form 990 filling purpose SNC Foundation net change is removed from the Audited Consolidated Financial Statements. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Tuition Discount of $5,599,635 is subtracted from revenue on the Audited Financial Statement. This amount is shown as an expense on Part IX of Form 990. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Part VIII of Form 990 includes contributions received form SNC Foundation on line 1d of $174,066. Also includes expenses shown on line 6b of $459,336, 8b of $34,051 and 10b of $1,600,833 which net reduce Form 990 total revenue by $1,920,154. SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Part VIII of Form 990 includes expenses shown on line 6b of $459,336, 8b of $34,051 and 10b of $1,600,833 which reduce Form 990 total expenses by $2,094,220. SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Tuition Discount of $5,599,635 is subtracted from revenue on the Audited Financial Statement. This amount is shown as an expense on Part IX of Form 990. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 Statement of nondiscrimination and community ethics is found in the Student Handbook at www.sierranevada.edu/current student/Student Handbook. SchE_P01_S00_L06 Schedule E, Part I, Line 6 Sierra Nevada College receives Title IV financial aid funds for Federal Work Study Program and Federal Supplemental Education Opportunity Grants. SNC Scholarship Gala 2010 87310 53455 33855 0 1500 17000 9072 3216 3263 0 0 87310 53455 33855 0 1500 17000 9072 3216 3263 34051 -196 1 Scholarships 457 5599635 0 Tuition and Fee Rates SchI_P01_S00_L02 Schedule I, Part I, Line 2 Scholarships are awarded on a marit and need base up to the amount charged on a reportable system X X 1 1 X X 0 0 0 0 0 0 0 0 0 Lynn Gillette Ph D 197082 0 0 0 0 0 0 0 12472 0 209554 0 0 0 Richard Rubsamen 181487 0 0 0 0 0 0 0 2153 0 183640 0 0 0 Robert Maxson Ph D 167538 0 17928 0 0 0 0 0 0 0 185466 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a SNC Provides the President a housing allowance and maid service.Also provides VP, Effectiveness & Compliance / Asst Provost secoundary housing when at main campus. SchJ_P01_S00_L03 Schedule J, Part I, Line 3 A committee of Board of Trustee members direct the HR department to write an employment contract then the full Board approves the written contract for Officers. Washoe County Nevada 886000138 940833AB2 2005-04-27 11200000 Construction of Leed Platinum Science Building 0 0 0 0 0 11138963 0 0 0 211263 0 0 9721532 0 0 2007 0 0 1 1 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 Hall-Fairweather Foundation Teacher Ed Program X 100000 100500 0 1 1 Robert Goff Teacher Ed Program X 10000 10050 0 1 1 Wayne Prim Teacher Ed Program X 50000 50250 0 1 1 Wayne Prim Foundation Operational Expenses X 5000000 4500000 0 1 1 4660800 Capital Education LLC John Olsen is President of Capital Education, LLC and one of the Trustee for Sierra Nevada College. 49475 SNC uses Capital Education's Virtual Campus Platform for online learning 0 X 3 41705 Hi/Lo Avarage X Donated Items 15 25184 ebay, googel or price sold at auction 0 0 1 0 F990_P06_S0A_L08b Form 990, Part VI, Section A, Line 8b The Organization only documents the meetings held by the Governing body. F990_P06_S0B_L11a Form 990, Part VI, Section B, Line 11a SNC's Form 990 is prepared by the Controller and reviewed by the President and CFO. Once approved the Form 990 is efiled with the IRS. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The College President's compensation in 2010 was determined and approved by the Board of Trustees based on experience and market. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The College makes its Governing Documents and Financial Statements available to the public upon request. F990_P11_S00_L05 Form 990, Part XI, Line 5 Unrealized gains on investments carried at market value Sierra Nevada College Foundation 999 Tahoe Blvd Incline Village NV 89451 261389575 To receive gifts and make grants for the support of Sierra Nevada College. NV 501 (c) (3) Type 1 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 Sierra Nevada College Foundation c 174066 Operational need for gifts and grants to support Sierra Nevada College Scholarships. IRS automatic extension to March 30, 2012 to facilitate system and programming changes to the modernized e-file (MEF) system.