2012-05-14T07:42:44-05:00 2011-06-30 PLANTE & MORAN PLLC 2601 CAMBRIDGE CT SUITE 500 AUBURN HILLS MI 48326 990 2010-07-01 381550064 COLLEGE FOR CREATIVE STUDIES COLL 3136647440 201 E KIRBY DETROIT MI 48202 ANNE D BECK 3136647440 2012-05-01 1 LYNNE M HUISMANN 2483757100 2010 2016-02-24 21:20:13Z RICHARD L ROGERS 201 E KIRBY DETROIT MI 48202 65229440 0 X WWW.COLLEGEFORCREATIVESTUDIES.EDU X 1906 MI THE COLLEGE FOR CREATIVE STUDIES IS A PRIVATE COLLEGE OFFERING A BACHELOR OF FINE ARTS DEGREE IN 12 DIFFERENT MAJORS AND MASTER OF FINE ARTS DEGREES IN TWO MAJORS. CCS IS AN ACCREDITED INSTITUTIONAL MEMBER OF THE NATIONAL ASSOCIATION OF SCHOOLS OF ART AND DESIGN AND IS ACCREDITED BY THE HIGHER LEARNING COMMISSION OF THE NORTH CENTRAL ASSOCIATION. THE COLLEGE ENROLLED 1,300 STUDENTS IN DEGREE SEEKING PROGRAMS. THE COLLEGE ALSO OFFERS NON-CREDIT COURSES IN THE VISUAL ARTS THROUGH ITS CONTINUING EDUCATION PROGRAMS AND ANNUALLY PROVIDES OVER 3,000 DETROIT YOUTH WITH ART AND DESIGN EDUCATION THROUGH PARTNERSHIP PROGRAMS. 39 39 837 117 540724 -5835 16792361 11767111 37859672 37953685 1481485 1814765 8950521 4391131 65084039 55926692 14206405 14495294 0 0 19235654 18606399 93686 200244 995605 21833939 21362424 55369684 54664361 9714355 1262331 203549673 205256628 44394855 41038914 159154818 164217714 X THE COLLEGE FOR CREATIVE STUDIES NURTURES THE CREATIVITY THAT IS VITAL TO THE ENRICHMENT OF MODERN CULTURE. THE COLLEGE EDUCATES VISUAL ARTISTS AND DESIGNERS, KNOWLEDGEABLE IN VARIED FIELDS, WHO WILL BE LEADERS IN CREATIVE PROFESSIONS THAT SHAPE SOCIETY AND ADVANCE ECONOMIC GROWTH. THE COLLEGE FOSTERS STUDENTS' RESOLVE TO PURSUE EXCELLENCE, ACT ETHICALLY, EMBRACE THEIR RESPONSIBILITIES AS CITIZENS OF DIVERSE LOCAL AND GLOBAL COMMUNITIES, AND LEARN THROUGHOUT THEIR LIVES. THE COLLEGE ENGAGES IN COMMUNITY SERVICE BY OFFERING OPPORTUNITIES FOR ARTISTIC DEVELOPMENT AND OPENING CAREER PATHWAYS TO TALENTED INDIVIDUALS OF ALL AGES. 0 0 37261235 14495294 39436366 COLLEGE LEVEL ENVIRONMENT IN ART AND DESIGN. AVERAGE ENROLLMENT WAS 1,302 IN DEGREE SEEKING PROGRAMS AND 400 IN CONTINUING EDUCATION. 1485 972078 DEVELOPING AND REHABILITATING THE ARGONAUT BUILDING AND COLLEGE PARKING STRUCTURE. THIS DEVELOPMENT WILL HOUSE ART AND DESIGN EDUCATION AS WELL AS PROVIDE ADDITIONAL STUDENT HOUSING. 37262720 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 0 1 1 0 1 0 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 174 0 1 837 1 1 1 1 CJ BD 0 0 0 1 1 1 14 0 0 0 X 39 39 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ANNE D BECK 3136647473 201 E KIRBY DETROIT MI 48202 LYNN F ALANDT 0.30 X X 0 0 0 ROBERT H BLUESTEIN 0.30 X 0 0 0 THOMAS C BUHL 0.30 X 0 0 0 DARRELL BURKS 0.30 X 0 0 0 FRANK CAMPANALE 0.30 X 0 0 0 THOMAS CELANI 0.30 X 0 0 0 LOIS P COHN 0.30 X 0 0 0 VAN E CONWAY 0.30 X 0 0 0 GARY L COWGER 0.30 X 0 0 0 KEITH E CRAIN 0.30 X X 0 0 0 MATT CULLEN 0.30 X 0 0 0 GRETCHEN DAVIDSON 0.30 X 0 0 0 LINDA DRESNER 0.30 X 0 0 0 IRMA B ELDER 0.30 X 0 0 0 JAMES FARLEY 0.30 X 0 0 0 DAVID T FISCHER 0.30 X 0 0 0 ALFRED J FISHER III 0.30 X 0 0 0 RAPLH GILLES 0.30 X 0 0 0 NANCY GROSFELD 0.30 X 0 0 0 SHEILA HAMP 0.30 X 0 0 0 DAVID M HEMPSTEAD 0.30 X 0 0 0 DANIALLE KARMANOS 0.30 X 0 0 0 MARGARET LAROU 0.30 X 0 0 0 ALPHONSE S LUCARELLI 0.30 X X 0 0 0 JAMES M NICHOLSON 0.30 X 0 0 0 THOMAS D OGDEN 0.30 X 0 0 0 WILLIAM U PARFET 0.30 X 0 0 0 SANDRA PIERCE 0.30 X 0 0 0 STEPHEN POLK 0.30 X 0 0 0 WALTRAUD E PRETCHER 0.30 X 0 0 0 JAMES E PRESS 0.30 X 0 0 0 JOHN RAKOLTA JR 0.30 X 0 0 0 SYDNEY L ROSS 0.30 X 0 0 0 ANTHONY L SOAVE 0.30 X 0 0 0 ELEANOR F SULLIVAN 0.30 X 0 0 0 A ALFRED TAUBMAN 0.30 X 0 0 0 MAUREEN P VALADE 0.30 X 0 0 0 JAMES H VANDENBEGHE 0.30 X X 0 0 0 EDWARD T WELBURN 0.30 X 0 0 0 RICHARD L ROGERS 40.00 X 356104 0 29337 ANNE D BECK 40.00 X 202328 0 21818 IMRE MOLNAR 40.00 X 197286 0 22997 NINA HOLDEN 40.00 X 160220 0 19904 JULIE HINGELBERG 40.00 X 128196 0 16247 LARRY ERIKSON 40.00 X 196423 0 22083 JOANNE HEALY 40.00 X 149050 0 17739 GREGORY FRASER 40.00 X 127550 0 17731 ROBERT SCHMIEDER 40.00 X 117234 0 16870 MARIA LUISA ROSSI 40.00 X 115994 0 7443 1750385 0 192169 18 0 1 0 ARGONAUT BUILDING MASTER TENANT LLC 201 E KIRBY DETROIT MI 48202 SPACE RENTAL/PROPERTY MANAGEMENT 4975405 ROK CONSTRUCTION SERVICES LLC 1783 BRISTOL DRIVE MILFORD MI 48380 CONSTRUCTION SERVICES 3243922 SODEXO INC & AFFILIATES 485 MILWAUKEE DETROIT MI 48202 FOOD SERVICES 874192 GUARDSMARK LLC PO BOX 11407 BIRMINGHAM AL 352463000 SECURITY SERVICES 837980 GREAT AMERICAN PLAN ADMINSTRATORS PO BOX 645038 CINCINNATI OH 452645038 RETIREMENT PLAN SERVICES 531566 25 724845 3550006 7492260 237184 11767111 TUITION 611600 36455998 36455998 COURSE/LAB FEES 611600 1157848 1157848 REGISTRATION FEES 611600 294590 294590 APPLICATION FEES 611600 31699 31699 MATERIAL FEES 611600 13550 13550 37953685 1363439 1363439 1463 1463 1720571 237890 1482681 1482681 1482681 8538871 8089008 449863 449863 449863 355564 724845 442126 -86562 -86562 743267 533724 209543 209543 DEVELOPER FEE 531390 972078 972078 TRANSFERS/REIMBURSEMEN 900099 248968 248968 MATERIAL SALES 900099 108940 108940 1455483 540724 914759 2785469 55926692 40408444 540724 3210413 13833980 13833980 661314 661314 1169420 222887 761089 185444 14238685 8763192 5118897 356596 734768 364883 337285 32600 1353800 495138 804093 54569 1109726 655286 415301 39139 84238 2209 82029 197660 197660 4118 4118 200244 200244 396108 396108 1780401 1557938 193971 28492 1119021 168055 945540 5426 1759135 815392 885333 58410 498513 147305 351208 7521428 6017336 1504092 286853 135347 131808 19698 44020 13539 30474 7 1851602 1851602 3999598 3199678 799920 339751 339751 CATERING/ENTERTAINMENT 597648 84643 503857 9148 BAD DEBT EXPENSE 307715 307715 DUES/MEMBERSHIPS 143115 66889 70730 5496 CAMPUS EVENTS 104539 3723 100816 BOND ISSUANCE 23702 23702 303259 53986 248937 336 54664361 37262720 16406036 995605 9473 10590 25466913 11781735 10666327 10791148 16965282 16732475 2343689 2344539 194855 250982 832000 802057 108085281 42487919 62794319 65597362 31247731 39096272 48270155 55948294 4758929 1901174 203549673 205256628 6683802 6858831 493254 800758 25668409 25707942 11332151 7365280 217239 306103 44394855 41038914 X 117726515 124114537 37954757 36546272 3473546 3556905 159154818 164217714 203549673 205256628 X 1262331 3800565 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 4118 0 0 4118 0 3473546 83359 239302 103633 135669 3556905 3342601 130945 224008 96552 127456 3473546 3301021 41580 169987 73353 96634 3342601 0.95000 0.05000 0.00000 0 0 3284310 3284310 77143485 23433280 53710205 26005700 18659992 7345708 1651786 394647 1257139 65597362 ALTERNATIVE INVESTMENTS 21187038 F INVESTMENT IN CCS ARGONAUT HOLDINGS, INC. 34761256 C 55948294 DEPOSITS 143752 DUE TO AGENCY (STUDENT ORGANIZATIONS) 162351 306103 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT EARNINGS ARE USED TO PROVIDE SCHOLARSHIPS TO STUDENTS, AND LECTURE SERIES TO STUDENTS, FACULTY AND COMMUNITY. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE INTERNAL REVENUE SERVICE HAS RULED THAT CCS IS A TAX-EXEMPT INSTITUTION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AS AN EDUCATIONAL INSTITUTION DESCRIBED IN SECTION 170(B)(1)(A)(II) OF THE CODE. ACCORDINGLY, NO PROVISION FOR TAXES HAS BEEN MADE IN THE CONSOLIDATED FINANCIAL STATEMENTS FOR CCS. THE ORGANIZATION FILES FEDERAL TAX RETURNS IN U.S. FEDERAL AND STATE OF MICHIGAN JURISDICTIONS. INCOME TAX FILINGS REMAIN OPEN FOR POTENTIAL EXAMINATIONS FOR THE LAST THREE YEARS. THE ORGANIZATION'S UNRECOGNIZED TAX BENEFITS WERE NOT DEEMED SIGNIFICANT. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE, AND LOCAL TAXES OR NON-US INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS ENDED JUNE 30, 2008 AND EARLIER. THERE WERE NO PENALITIES OR INTEREST RECOGNIZED DURING THE YEARS OR ACCRUED AT YEAR END. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 A NONDISCRIMINATORY POLICY IS PUBLICIZED ON OUR WEBSITE, IN ALL OF OUR MAILINGS TO POTENTIAL STUDENTS, ON BROCHURES, ADMISSIONS MATERIALS AND FINANCIAL AID BROCHURES. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 FINANCIAL CONTRIBUTIONS ARE RECEIVED FROM THE US DEPARTMENT OF EDUCATION AND THE STATE OF MICHIGAN. 1 CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 13457193 0 0 0 0 0 0 13457193 0 13457193 GRANTS AND SCHOLARSHIPS CENTRAL AMERICA AND THE CARIBBEAN 1 3500 APPLIED AGAINST STUDENT'S TUITION ACCOUNT GRANTS AND SCHOLARSHIPS EAST ASIA AND THE PACIFIC 72 511374 APPLIED AGAINST STUDENT'S TUITION ACCOUNT GRANTS AND SCHOLARSHIPS EUROPE 1 6000 APPLIED AGAINST STUDENT'S TUITION ACCOUNT GRANTS AND SCHOLARSHIPS SOUTH ASIA 3 22000 APPLIED AGAINST STUDENT'S TUITION ACCOUNT GRANTS AND SCHOLARSHIPS NORTH AMERICA 12 98440 APPLIED AGAINST STUDENT'S TUITION ACCOUNT GRANTS AND SCHOLARSHIPS SOUTH AMERICA 1 10000 APPLIED AGAINST STUDENT'S TUITION ACCOUNT GRANTS AND SCHOLARSHIPS SUB SAHARAN AFRICA 1 10000 APPLIED AGAINST STUDENT'S TUITION ACCOUNT 0 0 1 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: FUNDS ARE NOT USED OUTSIDE OF THE UNITED STATES RATHER THEY ARE USED BY INTERNATIONAL STUDENTS WHILE ATTENDING SCHOOL IN THE UNITED STATES. AMOUNTS ARE APPLIED DIRECTLY TO STUDENT'S TUITION ACCOUNTS. X X X X X X X 1 COMMUNITY COUNSELNG SERVICES 155 NORTH WACKER CHIACAGO IL 60606 CONSULTING SERVICES/IDENTIFY POTENTIAL DONORS 0 0 180000 0 THE BRETON GROUP 2504 ARDMORE ST GRAND RAPIDS MI 48506 CONSULTING SERVICES/IDENTIFY POTENTIAL DONORS 0 0 15244 0 JR TURNBULL COMMUNICATIONS LLC 6510 TOWN CENTER DRIVE CLARKSTON MI 48346 CONSULTING SERVICES/IDENTIFY POTENTIAL DONORS 0 0 5000 0 200244 MI DETROIT INTERNATIONAL WINE AUCTION 927408 603767 323641 374439 STUDENT EXHIBITION 153001 121078 31923 67687 1080409 724845 355564 442126 442126 -86562 EXPLANATION OF FUNDRAISING PAYMENTS SCHEDULE G, PART I, LINE 2B, COLUMN (V) PROFESSIONAL FUNDRAISING SERVICES CONSISTED OF CONSULTING SERVICES TO IDENTIFY POTENTIAL DONORS. THE ORGANIZATIONS DID NOT ACTUALLY RAISE FUNDS FOR THE COLLEGE. 1 INSTITUTIONAL AID SCHOLARSHIPS FOR FINANCIAL ASSISTANCE 1119 8438926 0 INSTITUTIONAL GRANTS FOR FINANCIAL ASSISTANCE 1037 5395054 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: FINANCIAL AID INFORMATION IS PUBLISHED IN THE COLLEGE FOR CREATIVE STUDIES ADMISSIONS MATERIAL, WHICH IS GIVEN TO EACH STUDENT CANDIDATE, AS WELL AS ON THE CCS WEBSITE, WWW.COLLEGEFORCREATIVESTUDIES.EDU. ELIGIBILITY FOR NEED-BASED FINANCIAL AID IS DETERMINED BY AN ANALYSIS OF FAMILY RESOURCES FOR THE MOST RECENT CALENDAR YEAR TO ASSESS A FAMILY'S ABILITY TO CONTRIBUTE TO COLLEGE COSTS. ADJUSTMENTS TO AN APPLICATION CAN BE MADE BECAUSE OF A MAJOR CHANGE IN CIRCUMSTANCE, SUCH AS DEATH, DIVORCE, OR LOSS OF EMPLOYMENT/BENEFITS. TO RECEIVE FEDERAL OR STATE FINANCIAL AID FROM CCS, STUDENTS MUST DEMONSTRATE FINANCIAL NEED, BE ACCEPTED FOR ENROLLMENT IN A DEGREE-SEEKING PROGRAM, BE ENROLLED AT THE COLLEGE, MAINTAIN A SATISFACTORY ACADEMIC PROGRESS, AND BE A U.S. CITIZEN OR PERMANENT RESIDENT. IN ADDITION, A STUDENT MUST BE REGISTERED WITH SELECTIVE SERVICE (OR BE EXEMPT) AND CANNOT OWE A REFUND ON PREVIOUS TITLE IV FUNDS RECEIVED OR BE IN DEFAULT ON ANY STUDENT LOAN. ALL STUDENTS MUST COMPLETE THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) TO BE CONSIDERED FOR NEED-BASED AID. THIS FORM IS AVAILABLE ON-LINE AT FAFSA.ED.GOV OR HIGH SCHOOL GUIDANCE OFFICES, OR ANY COLLEGE FINANCIAL AID OFFICE. THE RECOMMENDED FILING DEADLINE FOR HIGH SCHOOL SENIORS RESIDING IN THE STATE OF MICHIGAN WHO ARE CONSIDERING STATE AID IS MARCH 1ST. TRANSFER AND CONTINUING STUDENTS SHOULD SUBMIT THEIR APPLICATION BY MARCH 1ST AS WELL. THE FINANCIAL AID CYCLE FAVORS THOSE STUDENTS WHO FILE IN A TIMELY FASHION AND COMPLETE THE REQUIRED DOCUMENTATION EARLY. CCS' TITLE IV CODE IS 006771. GRANT/SCHOLARSHIP AMOUNTS ARE APPLIED DIRECTLY TO STUDENT'S TUITION ACCOUNTS. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 RICHARD L ROGERS 344422 0 0 0 11682 0 20400 0 8937 0 385441 0 0 0 ANNE D BECK 200754 0 0 0 1574 0 12300 0 9518 0 224146 0 0 0 IMRE MOLNAR 195733 0 0 0 1553 0 12060 0 10937 0 220283 0 0 0 NINA HOLDEN 159900 0 0 0 320 0 9990 0 9914 0 180124 0 0 0 LARRY ERIKSON 195595 0 0 0 828 0 12011 0 10072 0 218506 0 0 0 JOANNE HEALY 148595 0 0 0 455 0 9180 0 8559 0 166789 0 0 0 PART I, LINE 1A THE PRESIDENT RECEIVES HEALTH OR SOCIAL CLUB DUES. THE HEALTH OR SOCIAL CLUB DUES WERE INCLUDED IN TAXABLE COMPENSATION. MICHIGAN HIGHER EDUCATION FACILITIES AUTHORITY 521285150 594519R44 2008-07-24 25971854 TO FINANCE THE ACQUISITION AND CONSTRUCTION OF EDUCATIONAL FACILITIES. 0 0 0 25971854 1021377 1224578 10349713 519437 12856749 2011 0 1 1 1 0 0 0 0 1 0.01800 0.01800 1 1 0 0 0 0 0 X 12 23140 DONOR STATED VALUE X 3552 COMPARABLE COSTS X 4 275536 MARKET QUOTATIONS X 4 1710 COMPARABLE COSTS X 28 111581 COMPARABLE COSTS X CLASSROOM SUPPLIES 9 8598 RETAIL COST X TICKETS 1 13500 RETAIL COST 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE 990 WILL BE REVIEWED BY THE CFO AND THE CHAIR OF THE FINANCE AND AUDIT COMMITTEE BEFORE THE 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE COLLECTED ANNUALLY FROM BOARD MEMBERS. DURING THE YEAR IF A CONFLICT ARISES, A BOARD MEMBER EXCUSES HIMSELF/HERSELF FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE REVIEWS AND DECIDES ANNUAL SALARY INCREASES OF THE PRESIDENT, AND OTHER OFFICERS USING COMPARABILITY SURVEYS SUCH AS AICAD AND MI COLLEGE PRESIDENTS. THERE WERE SALARY INCREASES IN 2011. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 4,723,242. GAIN/LOSS ON SUBSIDIARY AND SYNDICATION COSTS -922,677. TOTAL TO FORM 990, PART XI, LINE 5: 3,800,565. CCS COMMUNITY DEVELOPER LLC 201 E KIRBY DETROIT MI 48202 262730307 CONSTRUCTION DEVELOPMENT MANAGER MI 970568 15744201 COLLEGE FOR CREATIVE STUDIES ARGONAUT CAMPUS DEVELOPER LLC 201 E KIRBY DETROIT MI 48202 261097667 OWN AND REHABILITATE THE ARGONAUT BUILDING MI N/A CCS ARGONAUT HOLDINGS INC 201 E KIRBY DETROIT MI 48202 262958259 MANAGE ARGONAUT PROJECT HOLDING COMPANY MI COLLEGE FOR CREATIVE STUDIES C -3372002 34245371 1.00000 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 ARGONAUT CAMPUS DEVELOPER LLC C 972078 AMOUNT PAID ARGONAUT CAMPUS DEVELOPER LLC D 34465479 LOAN BALANCE AS OF 6/30/11 ARGONAUT CAMPUS DEVELOPER LLC K 29096 AMOUNT PAID ARGONAUT CAMPUS DEVELOPER LLC R 456662 AMOUNT REIMBURSED CCS ARGONAUT HOLDINGS INC R 132000 AMOUNT PAID