HOOD COLLEGE OF FREDERICK MD: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- HOOD COLLEGE OF FREDERICK MD (EIN 52-0591608)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-04-16
- IRS object ID
- 201221079349300427
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule I
- Schedule J
- Schedule K
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-04-16T11:28:24-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RIBIS JONES & MARESCA PA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10500 LITTLE PATUXENT PARKWAY SUITE | AddressLine1 |
| City | COLUMBIA | City |
| State | MD | State |
| ZIP Code | 21044 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 520591608 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOOD COLLEGE OF FREDERICK MD | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | HOOD | NameControl |
| Phone | 3016963131 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 ROSEMONT AVE | AddressLine1 |
| City | FREDERICK | City |
| State | MD | State |
| ZIP Code | 21701 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CHARLES G MANN | Name |
| Title | TREASURER | Title |
| Phone | 3016963131 | Phone |
| Date Signed | 2012-04-16 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DAVID JONES | Name |
| Phone | 4108840220 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | RONALD J VOLPE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 ROSEMONT AVE | AddressLine1 |
| City | FREDERICK | City |
| State | MD | State |
| ZIP Code | 21701 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 106440334 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.HOOD.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1893 | YearFormation |
| State Legal Domicile | MD | StateLegalDomicile |
| Activity Or Mission Description | HOOD COLLEGE PREPARES STUDENTS TO EXCEL IN MEETING THE PERSONAL, PROFESSIONAL AND GLOBAL CHALLENGES OF THE FUTURE. HOOD IS COMMITTED TO THE INTEGRATION OF THE LIBERAL ARTS, THE PROFESSIONS AND TECHNOLOGY, TO THE EXPLORATION OF VALUES, A SENSE OF COMMUNITY AND TO THE PREPARATION OF STUDENTS FOR LIVES OF RESPONSIBILITY AND LEADERSHIP. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 19 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 19 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1269 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 211497 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -190803 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 8800301 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 9411244 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 47842522 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 51743850 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1712456 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1583067 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 58355279 | TotalRevenuePriorYear |
| Total Revenue Current Year | 62738161 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 18701557 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 22087076 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 19150695 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 20148533 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1361177 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 17107367 | OtherExpensePriorYear |
| Other Expenses Current Year | 17150775 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 54959619 | TotalExpensesPriorYear |
| Total Expenses Current Year | 59386384 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 3395660 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 3351777 | RevenuesLessExpensesCY |
| Total Assets BOY | 109643582 | TotalAssetsBOY |
| Total Assets EOY | 130392096 | TotalAssetsEOY |
| Total Liabilities BOY | 18413047 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 28034442 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 91230535 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 102357654 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | HOOD COLLEGE PREPARES STUDENTS TO EXCEL IN MEETING THE PERSONAL, PROFESSIONAL AND GLOBAL CHALLENGES OF THE FUTURE. HOOD IS COMMITTED TO THE INTEGRATION OF THE LIBERAL ARTS, THE PROFESSIONS AND TECHNOLOGY, TO THE EXPLORATION OF VALUES, A SENSE OF COMMUNITY AND TO THE PREPARATION OF STUDENTS FOR LIVES OF RESPONSIBILITY AND LEADERSHIP. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 47872414 | Expense |
| Grants | 22087076 | Grants |
| Revenue | 51743850 | Revenue |
| Description | HIGHER EDUCATION-FOUNDED IN 1893, HOOD COLLEGE IS A PRIVATE INSTITUTION OF HIGHER LEARNING WITH AN ESTABLISHED TRADITION OF PROVIDING A COMPREHENSIVE ACADEMIC PROGRAM IN THE LIBERAL ARTS AND PROFESSIONAL STUDIES. HOOD PROVIDES ITS STUDENTS WITH THE OPPORTUNITY TO PURSUE TWENTY-SEVEN MAJOR FIELDS OF STUDY TOWARDS BACHELOR OF ARTS AND BACHELOR OF SCIENCE DEGREES, 14 MASTER'S DEGREES AND 5 POST-BACCALAUREATE CERTIFICATE PROGRAMS AND CERTIFICATION PROGRAMS IN EDUCATION. IN FALL 2010, TOTAL ENROLLMENT WAS 2448 STUDENTS COMPRISED OF 1,486 UNDERGRADUATE AND 962 STUDENTS SEEKING MASTER'S DEGREES, CERTIFICATES OR CERTIFICATION. | Description |
| Total Program Service Expense | 47872414 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| 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 | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 3249 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1269 | NumberOfEmployees |
| Employment Tax Returns Filed | 0 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 19 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 19 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MD | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DARIAN SCHULZE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3016963883 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 ROSEMONT AVE | AddressLine1 |
| City | FREDERICK | City |
| State | MD | State |
| ZIP Code | 21701 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (27 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| CHERYL BROWN DREILING | |||||||
| CHAIR | 2.00 | X | 0 | 0 | 0 | ||
| PHILIP A BERKHEIMER | |||||||
| VICE CHAIR | 2.00 | X | 0 | 0 | 0 | ||
| M RICHARD ADAMS | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| JANET H COTTON | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| MARGERY LESSER ELFIN | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| JOAN ESSELEN FOOT | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| J BRIAN GAENG | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| GAIL L GAMBLE | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| EVA TEIG HARDY | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| ROBERT G HOOPER | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| KEVIN C JACKSON | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| GEORGE E LEWIS JR | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| JACOB RAY RAMSBURG | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| JANET SPAULDING NUNN | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| MALINDA B SMALL | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| JUDITH MESSINA | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| EARLENE H THORNTON | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| LAURA LEE MILLER | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| NEAL WILSON | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| RONALD VOLPE | |||||||
| PRESIDENT | 60.00 | 266520 | 0 | 223795 | X | ||
| CHARLES MANN | |||||||
| TREASURER | 40.00 | 158427 | 0 | 50697 | X | ||
| DIANE K WISE | |||||||
| SECRETARY | 40.00 | 56026 | 0 | 17928 | X | ||
| DARIAN SCHULZE | |||||||
| ASSISTANT TREASURER | 40.00 | 83194 | 0 | 26622 | X | ||
| KATHLEEN C BANDS | |||||||
| VP ENROLLMENT MANAGEMENT | 40.00 | 114090 | 0 | 36509 | X | ||
| NANCY GILLECE | |||||||
| VP INSTITUTIONAL ADVANCEMENT | 40.00 | 131345 | 0 | 42030 | X | ||
| OLIVIA WHITE | |||||||
| DEAN OF STUDENTS | 40.00 | 116903 | 0 | 37409 | X | ||
| CORNELIUS R FAY | |||||||
| CHIEF TECHNOLOGY OFFICER | 40.00 | 109287 | 0 | 34972 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1035792 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 469962 | TotalOtherCompensation |
| Number Individuals GT100 K | 6 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| KBE BUILDING CORPORATION | |||||
| 8661 ROBERTS FULTON DRIVE 190 | COLUMBIA | MD | 21046 | CONSTRUCTION ENGINEERING SERVICES | 8393164 |
| WARNER CONSTRUCTION | |||||
| 50 CITIZENS WAY SUITE 201 | FREDERICK | MD | 21701 | GENERAL CONTRACTING | 6270101 |
| ARAMARK CORP | |||||
| 24818 NETWORK PLACE | CHICAGO | IL | 60673 | FACILITIES MANAGEMENT | 3882084 |
| ARAMARK SERVICES | |||||
| 5271 ELLIOT ROAD | BUTLER | PA | 160018105 | FOOD SERVICES | 2254121 |
| BUSHMAN DREYFUS ARCHITECTS | |||||
| 820-B EAST HIGH STREET | CHARLOTTSVILLE | VA | 22902 | ARCHITECTURAL SERVICES | 1328159 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 42 | NumberOfContractorsGT100K |
| Government Grants | 2154101 | GovernmentGrants |
| All Other Contributions | 7257143 | AllOtherContributions |
| Total Contributions | 9411244 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| GROSS TUITION AND FEES | 611600 | 43756419 | 43756419 | |
| AUXILIARY ENTERPRISES | 713990 | 7211318 | 6999821 | 211497 |
| OTHER EDUCATION AND GE | 611600 | 776113 | 776113 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 51743850 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1336125 | TotalRevenueColumn |
| Exclusion | $1,336,125 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 43949115 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 43702173 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 246942 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 246942 | TotalRevenueColumn |
| Exclusion | $246,942 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 62738161 | TotalRevenueColumn |
| Related Or Exempt Function Income | 51532353 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 211497 | UnrelatedBusinessRevenue |
| Exclusion | $1,583,067 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22087076 | Total |
| Program Services | 22087076 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1035791 | Total |
| Program Services | 718548 | ProgramServices |
| Management And General | 279312 | ManagementAndGeneral |
| Fundraising | 37931 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14745446 | Total |
| Program Services | 10229195 | ProgramServices |
| Management And General | 3976264 | ManagementAndGeneral |
| Fundraising | 539987 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 574653 | Total |
| Program Services | 398648 | ProgramServices |
| Management And General | 154961 | ManagementAndGeneral |
| Fundraising | 21044 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2656800 | Total |
| Program Services | 1843072 | ProgramServices |
| Management And General | 716434 | ManagementAndGeneral |
| Fundraising | 97294 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1135843 | Total |
| Program Services | 787956 | ProgramServices |
| Management And General | 306292 | ManagementAndGeneral |
| Fundraising | 41595 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 55126 | Total |
| Program Services | 38242 | ProgramServices |
| Management And General | 14865 | ManagementAndGeneral |
| Fundraising | 2019 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 147575 | Total |
| Program Services | 102376 | ProgramServices |
| Management And General | 39795 | ManagementAndGeneral |
| Fundraising | 5404 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 129588 | Total |
| Management And General | 129588 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7236158 | Total |
| Program Services | 5019860 | ProgramServices |
| Management And General | 1951306 | ManagementAndGeneral |
| Fundraising | 264992 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 185926 | Total |
| Program Services | 128980 | ProgramServices |
| Management And General | 50137 | ManagementAndGeneral |
| Fundraising | 6809 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1266708 | Total |
| Program Services | 878739 | ProgramServices |
| Management And General | 341581 | ManagementAndGeneral |
| Fundraising | 46388 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1730936 | Total |
| Program Services | 1200783 | ProgramServices |
| Management And General | 466765 | ManagementAndGeneral |
| Fundraising | 63388 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 236843 | Total |
| Program Services | 164302 | ProgramServices |
| Management And General | 63868 | ManagementAndGeneral |
| Fundraising | 8673 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1853699 | Total |
| Program Services | 1285946 | ProgramServices |
| Management And General | 499869 | ManagementAndGeneral |
| Fundraising | 67884 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 267835 | Total |
| Program Services | 185802 | ProgramServices |
| Management And General | 72225 | ManagementAndGeneral |
| Fundraising | 9808 | Fundraising |
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER | Description |
| Total | 4040381 | Total |
| Program Services | 2802889 | ProgramServices |
| Management And General | 1089531 | ManagementAndGeneral |
| Fundraising | 147961 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 59386384 | Total |
| Program Services | 47872414 | ProgramServices |
| Management And General | 10152793 | ManagementAndGeneral |
| Fundraising | 1361177 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1536493 | BOY |
| EOY | 135825 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 74912 | BOY |
| EOY | 78966 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1112425 | BOY |
| EOY | 418874 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3681314 | BOY |
| EOY | 3806979 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5495424 | BOY |
| EOY | 82712 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 192945 | BOY |
| EOY | 467011 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 96095888 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 46594332 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36958407 | BOY |
| EOY | 49501556 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19594948 | BOY |
| EOY | 33753017 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24390098 | BOY |
| EOY | 30792144 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16606616 | BOY |
| EOY | 11355012 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 109643582 | BOY |
| EOY | 130392096 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5276897 | BOY |
| EOY | 8129253 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 411110 | BOY |
| EOY | 244930 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 106000 | BOY |
| EOY | 8571748 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6030406 | BOY |
| EOY | 4719929 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6588634 | BOY |
| EOY | 6368582 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18413047 | BOY |
| EOY | 28034442 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36440452 | BOY |
| EOY | 38018379 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17607047 | BOY |
| EOY | 24103314 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37183036 | BOY |
| EOY | 40235961 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 91230535 | BOY |
| EOY | 102357654 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 109643582 | BOY |
| EOY | 130392096 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 3351777 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 7775342 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 51630273 | BeginningOfYearBalance |
| Contributions | 4570822 | Contributions |
| Investment Earnings Or Losses | 9387527 | InvestmentEarningsOrLosses |
| Other Expenditures | 2148192 | OtherExpenditures |
| End Of Year Balance | 63440430 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 47488121 | BeginningOfYearBalance |
| Contributions | 1062827 | Contributions |
| Investment Earnings Or Losses | 5416867 | InvestmentEarningsOrLosses |
| Other Expenditures | 2337542 | OtherExpenditures |
| End Of Year Balance | 51630273 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 59084921 | BeginningOfYearBalance |
| Contributions | 269907 | Contributions |
| Investment Earnings Or Losses | -9372947 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1561958 | GrantsOrScholarships |
| Other Expenditures | 931802 | OtherExpenditures |
| End Of Year Balance | 47488121 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.09110 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.63290 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.27600 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 265048 | OtherCostOrOtherBasis |
| Book Value | 265048 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 61398255 | OtherCostOrOtherBasis |
| Depreciation | 28849060 | Depreciation |
| Book Value | 32549195 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5514180 | OtherCostOrOtherBasis |
| Depreciation | 2045636 | Depreciation |
| Book Value | 3468544 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 16281896 | OtherCostOrOtherBasis |
| Depreciation | 15213509 | Depreciation |
| Book Value | 1068387 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 12636509 | OtherCostOrOtherBasis |
| Depreciation | 486127 | Depreciation |
| Book Value | 12150382 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 49501556 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| BONDS | 17009572 | F |
| REAL ESTATE | 1562551 | F |
| HEDGE FUNDS | 12220021 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 30792144 | TotalOfBookValueSecurities |
Other Assets OtherAssets (3 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| INTEREST HELD IN TRUST BY OTHERS | 8391855 |
| CASH AND SHORT TERM INVESTMENTS | 2936426 |
| LIFE INSURANCE | 26731 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 11355012 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| SPLIT INTEREST AGREEMENTS | $2,384,892 |
| REFUNDABLE ADVANCES FROM GOVT-PERKINS | $2,444,659 |
| CONDITIONAL ASSET RETIREMENT OBLIGATIONS | $1,539,031 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 6368582 | TotalOfAmounts |
| Total Revenue | 62738161 | TotalRevenue |
| Total Expenses | 59386384 | TotalExpenses |
| Excess Or Deficit For Year | 3351777 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 8444430 | NetUnrealizedGLOnInvestments |
| Other | -$669,088 | OtherAmount |
| Total Adjustments | 7775342 | TotalAdjustments |
| Excess Or Deficit Per FS | 11127119 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 50860233 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 8444430 | NetUnrealizedGainsInvestments |
| Other Revenues | -668287 | OtherRevenues |
| Revenue Not Rptd F990 | 7776143 | RevenueNotRptdF990 |
| Revenue Subtotal | 43084090 | RevenueSubtotal |
| Investment Expenses Not Included | 129588 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 19524483 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 19654071 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 62738161 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 39732977 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 39732977 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 129588 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 19523819 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 19653407 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 59386384 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE ORGANIZATION'S ENDOWMENT FUNDS ARE TO BE USED PRIMARILY FOR INSTRUCTION, SCHOLARSHIPS, AND ACADEMIC SUPPORT. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | IN JUNE 2006, THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED INTERPRETATION NUMBER 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (INCLUDED IN FASB ASC-740-10-INCOME TAXES - OVERALL). ASC 740-10 PRESCRIBES A THRESHOLD OF MORE-LIKELY-THAN-NOT FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX REURN. ASC 740-10 ALSO PROVIDES RELATED GUIDANCE ON MEASUREMENT CLASSIFICATION, INTEREST AND PENALTIES AND DISCLOSURE. AS PROVIDED IN FASB STAFF POSITION FIN 48-3, EFFECTIVE DATE OF FASB INTERPRETATION NO. 48 FOR CERTAIN NON-PUBLIC ENTERPRISES, HOOD COLLEGE HAS IMPLEMENTED ASC 740-10 FOR THE YEAR ENDED JUNE 30, 2010. THIS IMPLEMENTATION HAD NO IMPACT ON THE COLLEGE'S STATEMENT OF FINANCIAL POSITION OR STATEMENT OF ACTIVITIES, AS THERE WERE NO UNRECOGNIZED TAX BENEFITS OR LIABILTIES THAT NEEDED TO BE RECORDED. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF SIA -308,576. CHANGE IN VALUE OF INTEREST RATE SWAP AGREEMENTS -360,511. ROUNDING -1. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF SIA -308,576. CHANGE IN VALUE OF SWAP AGREEMENTS -360,511. CONSOLIDATING ENTRY 800. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID, SCHOLARSHIPS 19,524,483. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID, SCHOLARSHIPS 19,524,483. CONSOLIDATED ENTITIES EXPENSE -664. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | THE NON-DISCRIMINATION POLICY IS PLACED ON ALL PUBLICATIONS & PRINTED MATERIALS. SPECIFICALLY THE POLICY APPEARS ON THE APPLICATION MATERIALS, LETTERS TO POTENTIAL STUDENTS AND ON THE ORGANIZATION'S WEBSITE. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | HOOD COLLEGE RECEIVES THE FOLLOWING FEDERAL ASSISTANCE: DIRECT STUDENT FINANCIAL AID FROM THE U.S. DEPARTMENT OF EDUCATION, AND U.S. DEPARTMENT OF EDUCATION PASS-THRU FUNDING FROM THE STATE OF MARYLAND. IN ADDITION, HOOD COLLEGE RECEIVED GRANT AWARDS FROM THE NATIONAL SCIENCE FOUNDATION, THE U.S. DEPARTMENT OF AGRICULTURE, U.S. DEPARTMENT OF COMMERCE, U.S. DEPARTMENT OF DEFENSE, AND THE U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES NATIONAL INSTITUTE OF HEALTH. |
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 | HOOD COLLEGE PROVIDES SCHOLARSHIP TO STUDENTS ATTENDING THE COLLEGE | TypeOfGrant |
| Number Of Recipients | 1325 | NumberOfRecipients |
| Amount Of Cash Grant | 22087076 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
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: ALL HOOD COLLEGE GRANTS, COLLEGE WORK-STUDY AWARDS, PERKINS LOANS AND MOST STAFFORD LOANS ARE BASED ON FINANCIAL NEED. HOOD SCHOLARSHIPS ARE BASED ON ACADEMIC ACHIEVEMENT AS EVALUATED THROUGH THE STUDENT'S HIGH SCHOOL RECORD AND SAT SCORES. MANY SCHOLARSHIP RECIPIENTS' TOTAL FINANCIAL AID PACKAGES ALSO INTEGRATE NEED BASED AWARDS. ALL GRANTS AND AWARDS REQUIRE REPORTING OF FUND USAGE. | 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 |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (5 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RONALD VOLPE | |||||||||||||
| 266520 | 0 | 0 | 0 | 0 | 0 | 108149 | 0 | 115646 | 0 | 490315 | 0 | 0 | 0 |
| CHARLES MANN | |||||||||||||
| 158427 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50697 | 0 | 209124 | 0 | 0 | 0 |
| KATHLEEN C BANDS | |||||||||||||
| 114090 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 36509 | 0 | 150599 | 0 | 0 | 0 |
| NANCY GILLECE | |||||||||||||
| 131345 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42030 | 0 | 173375 | 0 | 0 | 0 |
| OLIVIA WHITE | |||||||||||||
| 116903 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37409 | 0 | 154312 | 0 | 0 | 0 |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COUNTY COMMISSIONERS OF FREDERICK COUNTY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 526000943 | IssuerEIN |
| Date Issued | 2010-07-28 | DateIssued |
| Issue Price | 15800295 | IssuePrice |
| Description Of Purpose | BUILDINGS AND STRUCTURES, LAND IMPORVEMENTS | 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 | 8487748 | TotalProceeds |
| Issuance Costs From Proceeds | 219300 | IssuanceCostsFromProceeds |
| Capital Expenditures | 8487748 | CapitalExpenditures |
| Year Of Subst Completion | 2011 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 0 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 1 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Form990 Schedule K Part V Form990ScheduleKPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART II - PROCEEDS | Identifier |
| Explanation | ISSUE PRICE OF ENTIRE ISSUE OF $15,800,295 WILL BE FULLY DRAWN-DOWN BY THE BORROWER, HOOD COLLEGE, BY MARCH 31, 2012 | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | A COPY OF THE 990 WILL BE PRESENTED TO THE BOARD OF DIRECTORS OR A DESIGNATED REPRESENTATIVE OF THE BOARD OF DIRECTORS TO REVIEW BEFORE FILING. | |
| THE POLICY OF HOOD COLLEGE IS THAT EACH MEMBER OF THE BOARD SHALL EXECUTE AND SUBMIT ON AN ANNUAL BASIS DURING HER/HIS TERM OF SERVICE A DISCLOSURE OF INTEREST STATEMENT. THE CHAIRPERSON OF THE BOARD, IN CONJUNCTION WITH THE MANAGEMENT OF THE COLLEGE, MONITORS THE SUBMISSION OF THESE FORMS ON AN ANNUAL BASIS. | FORM 990, PART VI, SECTION B, LINE 12C | |
| PER THE BYLAWS, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES HAS THE AUTHORITY TO SET THE PRESIDENT'S SALARY. DECISIONS REGARDING THE PRESIDENT'S SALARY ARE DOCUMENTED CONTEMPORANEOUSLY IN THE MINUTES OF THE EXECUTIVE COMMITTEE AND BOARD OF TRUSTEES. COMPARABILITY DATA IS USED TO AID IN THE DETERMINATION OF HIRING SALARIES AS WELL AS ON-GOING ADJUSTMENTS. SALARY REVIEWS AND ADJUSTMENTS FOR ALL EMPLOYEES, EXCLUDING THE PRESIDENT, ARE PERFORMED PERIODICALLY BY SUPERVISORS. RECOMMENDATIONS ARE REVIEWED BY THE DIRECTOR OF HUMAN RESOURCES, THE BUDGET DIRECTOR, AND THE DIVISIONAL VICE PRESIDENT. SALARY ADJUSTMENTS ARE APPROVED BY THE VICE PRESIDENT OF FINANCE OR THE PRESIDENT. THE LAST SUCH SALARY REVIEW TOOK PLACE IN OCTOBER OF 2011. | FORM 990, PART VI, SECTION B, LINE 15 | |
| HOOD COLLEGE MAINTAINS A COPY OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, A COPY OF THE 990 IS AVAILABLE FOR REVIEW ON THE WEBSITE GUIDESTAR.ORG. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 8,444,430. CHANGE IN VALUE OF SIA -308,576. CHANGE IN VALUE OF INTEREST RATE SWAP AGREEMENTS -360,511. CONSOLIDATING ENTRIES, NET -1. TOTAL TO FORM 990, PART XI, LINE 5: 7,775,342. | FORM 990, PART XI, LINE 5: |
| THE ORGANIZATION'S PROCESS FOR SELECTING INDEPENDENT AUDITORS AND FOR AUDIT OVERSIGHT HAVE NOT CHANGED FROM THE PRIOR YEAR. | FORM 990, PART XII, LINE 2C: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOOD COLLEGE FOUNDATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 ROSEMONT STREET | AddressLine1 |
| City | FREDERICK | City |
| State | MD | State |
| ZIP Code | 21701 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521961144 | EIN |
| Primary Activities | SUPPORT OF HOOD COLLEGE | PrimaryActivities |
| Legal Domicile State | MD | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | LINE 11A, I | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOOD COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | 1 | ControlledOrg |
Form990 Schedule R Part III Form990ScheduleRPartIII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Predominant Income TypePredominantIncomeType | Share Of Total IncomeShareOfTotalIncome | Disproportionate AllocationsDisproportionateAllocations | General Or Managing PartnerGeneralOrManagingPartner | Percentage OwnershipPercentageOwnership |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HOOD COLLEGE LP | ||||||||||||
| 401 ROSEMONT AVENUE | FREDERICK | MD | 21701 | 521969014 | INVESTING | MD | HOOD COLLEGE | INVESTMENT | -465 | 0 | 1 | 0.99000 |
| FREDERICK AIRPORT PARK ASSOCIATES LP | ||||||||||||
| 7600 COLSHIRE DRIVE SUITE 150 | MCLEAN | VA | 22102 | 541795144 | REAL ESTATE | VA | INVESTMENT | 0 | 0 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 1 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| HOOD COLLEGE FOUNDATION | ||
| D | 4160955 | ACTUAL CASH |
| HOOD COLLEGE FOUNDATION | ||
| E | 4160955 | ACTUAL CASH |