HOPE COLLEGE: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- HOPE COLLEGE (EIN 38-1381271)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-15
- IRS object ID
- 201241369349305304
- 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 L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-15T13:25:04-05:00 | 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 | PLANTE & MORAN PLLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 750 TRADE CENTRE WAY STE 300 | AddressLine1 |
| City | PORTAGE | City |
| State | MI | State |
| ZIP Code | 49002 | 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 | 381381271 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOPE COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | HOPE | NameControl |
| Phone | 6163957810 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 141 E 12TH STREET | AddressLine1 |
| City | HOLLAND | City |
| State | MI | State |
| ZIP Code | 49423 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | THOMAS BYLSMA | Name |
| Title | VICE PRESIDENT, CFO | Title |
| Phone | 6163957810 | Phone |
| Date Signed | 2012-05-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | VICKI L VANDENBERG CPA | Name |
| Phone | 2695674500 | 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 | THOMAS BYLSMA | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 141 E 12TH STREET | AddressLine1 |
| City | HOLLAND | City |
| State | MI | State |
| ZIP Code | 49423 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 199695686 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.HOPE.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1866 | YearFormation |
| State Legal Domicile | MI | StateLegalDomicile |
| Activity Or Mission Description | THE MISSION OF HOPE COLLEGE IS TO EDUCATE STUDENTS FOR LIVES OF LEADERSHIP AND SERVICE IN A GLOBAL SOCIETY THROUGH ACADEMIC AND CO-CURRICULAR PROGRAMS OF RECOGNIZED EXCELLENCE IN THE LIBERAL ARTS AND IN THE CONTEXT OF THE HISTORIC CHRISTIAN FAITH. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 33 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 30 | NbrIndependentVotingMembers |
| Total Nbr Employees | 3273 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 2184932 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -31171 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 39682491 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 17968215 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 86393431 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 109565178 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2772822 | InvestmentIncomePriorYear |
| Investment Income Current Year | 3445792 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 128848744 | TotalRevenuePriorYear |
| Total Revenue Current Year | 130979185 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 27110625 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 27644720 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 48432915 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 50958287 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 4053583 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 45036366 | OtherExpensePriorYear |
| Other Expenses Current Year | 43996001 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 120579906 | TotalExpensesPriorYear |
| Total Expenses Current Year | 122599008 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 8268838 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 8380177 | RevenuesLessExpensesCY |
| Total Assets BOY | 370634160 | TotalAssetsBOY |
| Total Assets EOY | 392694322 | TotalAssetsEOY |
| Total Liabilities BOY | 105676421 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 98681914 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 264957739 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 294012408 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE MISSION OF HOPE COLLEGE IS TO EDUCATE STUDENTS FOR LIVES OF LEADERSHIP AND SERVICE IN A GLOBAL SOCIETY THROUGH ACADEMIC AND CO-CURRICULAR PROGRAMS OF RECOGNIZED EXCELLENCE IN THE LIBERAL ARTS AND IN THE CONTEXT OF THE HISTORIC CHRISTIAN FAITH. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 106974199 | Expense |
| Grants | 26214687 | Grants |
| Revenue | 102134925 | Revenue |
| Description | THE ORGANIZATION PROVIDED COMPREHENSIVE LITERACY & SCIENCE COURSES OF STUDY TO OVER 3,000 FULL TIME EQUIVALENT STUDENTS IN THE FALL OF 2010 AND SPRING OF 2011. IT WAS ALSO INVOLVED IN ADMINISTRATIVE, AUXILLARY OPERATIONS & STUDENT SERVICES TO SUPPORT THE CAMPUS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 5835530 | Expense |
| Grants | 1430033 | Grants |
| Revenue | 5245321 | Revenue |
| Description | THE ORGANIZATION IS INVOLVED IN RESEARCH TO MAINTAIN ONE OF THE TOP CHEMISTRY & BIOLOGY DEPTS IN THE COUNTRY, UTILIZE RESEARCH AS A TEACHING TOOL IN THE CLASSROOM & TO FACILITATE LEARNING. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 112809729 | 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 | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | 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 | 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 | 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 | 1 | 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 | 276 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 3273 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | 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 | 33 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 30 | 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 | 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 |
| States Where Copy Of Return Is Filed | MI | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THOMAS BYLSMA VICE-PRESIDENT CFO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6163957810 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | HOPE COLLEGE 141 E 12TH ST | AddressLine1 |
| City | HOLLAND | City |
| State | MI | State |
| ZIP Code | 49423 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (46 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 | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| MARY BAUMAN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MICHELLE BOMBE | ||||||||
| TRUSTEE/PROFESSOR | 40.00 | X | 67346 | 0 | 19075 | |||
| JOEL BOUWENS | ||||||||
| CHAIRPERSON | 1.00 | X | 0 | 0 | 0 | X | ||
| TIMOTHY BROWN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| JAMES BULTMAN | ||||||||
| PRESIDENT | 40.00 | X | 279108 | 0 | 69243 | X | ||
| ANTHONY CASTILLO | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| SANDRA CHURCH | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| TOM CLAUS | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| KENNITH ELZINGA | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| TED ETHERIDGE | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| RON HARTGERINK | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| TAYLOR HOLBROOK | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| BRIAN KOOP | ||||||||
| VICE CHAIR | 1.00 | X | 0 | 0 | 0 | X | ||
| DAVID LOWRY | ||||||||
| SECRETARY | 1.00 | X | 0 | 0 | 0 | X | ||
| PAUL MUSHERURE | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| STEPHEN NORDEN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| RICHARD POSTMA | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| A PAUL SCHAAP | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| PETER SEMEYN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| DAVID VAN ANDEL | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| SUZANNE CHERI DEVOS VANDER WEIDE | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| EMILIE WIERDA | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| LESLIE WONG | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| GEORGE ZUIDEMA | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| WILLIAM BOERSMA | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| JAMES JURRIES | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| CAROL SYTSMA | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| DANIEL GORDON | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| DEAN OVERMAN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| DOUGLAS RUCH | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| JOANNE STEWART | ||||||||
| TRUSTEE | 40.00 | X | 77382 | 0 | 8468 | |||
| JILL VER STEEG | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| JEFFREY CLARK | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| BETH SNYDER | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| WILLIAM VANDERBILT | ||||||||
| VP FOR ADMISSIONS | 40.00 | 134000 | 0 | 25412 | X | |||
| THOMAS BYLSMA | ||||||||
| CFO | 40.00 | 154120 | 0 | 45459 | X | |||
| SCOTT WOLTERINK | ||||||||
| VP FOR ADVANCEMENT | 40.00 | 138000 | 0 | 25849 | X | |||
| RICHARD FROST | ||||||||
| VP FOR STUDENT DEVELOPMENT | 40.00 | 120613 | 0 | 65848 | X | |||
| RICHARD RAY | ||||||||
| PROVOST | 40.00 | 125000 | 0 | 50588 | X | |||
| GREG MAYBURY | ||||||||
| DIR. OF OP. AND TECH | 40.00 | 127931 | 0 | 49989 | X | |||
| JOHN LUNN | ||||||||
| FACULTY | 40.00 | 114098 | 0 | 23088 | X | |||
| TODD STEEN | ||||||||
| FACULTY | 40.00 | 113436 | 0 | 22714 | X | |||
| GERALD RADEMAKER | ||||||||
| DIRECTOR PHYS PLT | 40.00 | 0 | 0 | 0 | X | |||
| CARL HEIDEMAN | ||||||||
| DIR OF PROCESS & INNOVATIO | 40.00 | 113603 | 0 | 23261 | X | |||
| MOSES LEE | ||||||||
| DEAN OF NATURAL SCIENCES | 40.00 | 139125 | 0 | 69202 | X | |||
| JAMES BOELKINS | ||||||||
| PROVOST | 40.00 | 86461 | 0 | 13957 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1703762 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 498196 | TotalOtherCompensation |
| Number Individuals GT100 K | 20 | 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 |
|---|---|---|---|---|---|
| BLUE CROSS-BLUE SHIELD MICHIGAN | |||||
| 86 MONROE CENTER NW | GRAND RAPIDS | MI | 49503 | HEALTH INSURANCE ADMINISTRATION | 440210 |
| ELZINGA & VOLKERS | |||||
| 86 E 6TH STREET | HOLLAND | MI | 49423 | CONSTRUCTION | 299688 |
| CREATIVE DINING SERVICE | |||||
| ONE ROYAL PARK DRIVE SUITE 3 | ZEELAND | MI | 49464 | FOOD SERVICE MANAGEMENT | 247500 |
| BERT REIMINK PLUMBING | |||||
| PO BOX 1106 | HOLLAND | MI | 49422 | PLUMBING | 238366 |
| EAST MUSKEGON ROOFING | |||||
| 1665 HOLTON ROAD | MUSKEGON | MI | 49445 | ROOFING | 235298 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 9 | NumberOfContractorsGT100K |
| Government Grants | 6819707 | GovernmentGrants |
| All Other Contributions | 11148508 | AllOtherContributions |
| Noncash Contributions | 918621 | NoncashContributions |
| Total Contributions | 17968215 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| TUITION & FEES | 611600 | 79683695 | 79683695 | |
| AUXILIARY ENTERPRISES | 611600 | 20112174 | 20112174 | |
| OTHER PROGRAM INCOME | 900099 | 4630049 | 4630049 | |
| BOOKSTORE INCOME | 611600 | 2679089 | 2679089 | |
| HAWORTH CONFERENCE CTR | 721000 | 1465674 | 1465674 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 994497 | TotalRevenueColumn |
| Related Or Exempt Function Income | 275239 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 719258 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 109565178 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1747744 | TotalRevenueColumn |
| Exclusion | $1,747,744 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 70414549 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 68716501 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1698048 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1698048 | TotalRevenueColumn |
| Exclusion | $1,698,048 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 130979185 | TotalRevenueColumn |
| Related Or Exempt Function Income | 107380246 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 2184932 | UnrelatedBusinessRevenue |
| Exclusion | $3,445,792 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27644720 | Total |
| Program Services | 27644720 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1231651 | Total |
| Program Services | 1153089 | ProgramServices |
| Management And General | 40912 | ManagementAndGeneral |
| Fundraising | 37650 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39430868 | Total |
| Program Services | 35544877 | ProgramServices |
| Management And General | 2062766 | ManagementAndGeneral |
| Fundraising | 1823225 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3394240 | Total |
| Program Services | 3025475 | ProgramServices |
| Management And General | 196535 | ManagementAndGeneral |
| Fundraising | 172230 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4142088 | Total |
| Program Services | 3516071 | ProgramServices |
| Management And General | 365928 | ManagementAndGeneral |
| Fundraising | 260089 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2759440 | Total |
| Program Services | 2498042 | ProgramServices |
| Management And General | 133699 | ManagementAndGeneral |
| Fundraising | 127699 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 82390 | Total |
| Program Services | 43361 | ProgramServices |
| Management And General | 39029 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 97450 | Total |
| Management And General | 97450 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 658422 | Total |
| Management And General | 658422 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1747156 | Total |
| Program Services | 1509563 | ProgramServices |
| Management And General | 122461 | ManagementAndGeneral |
| Fundraising | 115132 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 993184 | Total |
| Program Services | 573199 | ProgramServices |
| Fundraising | 419985 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4076938 | Total |
| Program Services | 3678772 | ProgramServices |
| Management And General | 116172 | ManagementAndGeneral |
| Fundraising | 281994 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 990278 | Total |
| Program Services | 955472 | ProgramServices |
| Management And General | 24273 | ManagementAndGeneral |
| Fundraising | 10533 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3997199 | Total |
| Program Services | 3851191 | ProgramServices |
| Management And General | 76035 | ManagementAndGeneral |
| Fundraising | 69973 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3192383 | Total |
| Program Services | 2880170 | ProgramServices |
| Management And General | 39876 | ManagementAndGeneral |
| Fundraising | 272337 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 576235 | Total |
| Program Services | 332671 | ProgramServices |
| Management And General | 239557 | ManagementAndGeneral |
| Fundraising | 4007 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2116820 | Total |
| Program Services | 1890320 | ProgramServices |
| Management And General | 192207 | ManagementAndGeneral |
| Fundraising | 34293 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6722003 | Total |
| Program Services | 6002749 | ProgramServices |
| Management And General | 610358 | ManagementAndGeneral |
| Fundraising | 108896 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 985450 | Total |
| Program Services | 831917 | ProgramServices |
| Management And General | 148920 | ManagementAndGeneral |
| Fundraising | 4613 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| FOOD SERVICE & LAUNDRY | 6809208 | 6693779 | 34832 | 80597 |
| TUITION WAIVERS | 2634228 | 2350932 | 149383 | 133913 |
| INVENTORY PURCHASES | 1883949 | 1764968 | 61960 | 57021 |
| OTHER MAINTENANCE & REP | 1643966 | 1601899 | 21907 | 20160 |
| BOOKS AND PERIODICALS | 973860 | 970125 | 1852 | 1883 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3814882 | Total |
| Program Services | 3496367 | ProgramServices |
| Management And General | 301162 | ManagementAndGeneral |
| Fundraising | 17353 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 122599008 | Total |
| Program Services | 112809729 | ProgramServices |
| Management And General | 5735696 | ManagementAndGeneral |
| Fundraising | 4053583 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20734385 | BOY |
| EOY | 25427120 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38487754 | BOY |
| EOY | 39624803 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10495745 | BOY |
| EOY | 16697457 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 734372 | BOY |
| EOY | 759372 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 916871 | BOY |
| EOY | 859231 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 234383508 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 83425224 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 154052122 | BOY |
| EOY | 150958284 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 69749060 | BOY |
| EOY | 63338866 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 74429447 | BOY |
| EOY | 94020040 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1034404 | BOY |
| EOY | 1009149 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 370634160 | BOY |
| EOY | 392694322 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2608972 | BOY |
| EOY | 1871065 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1001718 | BOY |
| EOY | 975508 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 66875000 | BOY |
| EOY | 62440000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35190731 | BOY |
| EOY | 33395341 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 105676421 | BOY |
| EOY | 98681914 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 115884813 | BOY |
| EOY | 124400006 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37614775 | BOY |
| EOY | 55089434 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 111458151 | BOY |
| EOY | 114522968 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 264957739 | BOY |
| EOY | 294012408 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 370634160 | BOY |
| EOY | 392694322 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 8380177 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 20674492 | 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 Separate | X | FinancialStatementSeparate |
| 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 | 147340680 | BeginningOfYearBalance |
| Contributions | 2892355 | Contributions |
| Investment Earnings Or Losses | 22269678 | InvestmentEarningsOrLosses |
| Other Expenditures | 6236784 | OtherExpenditures |
| End Of Year Balance | 166265929 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 136409372 | BeginningOfYearBalance |
| Contributions | 7210456 | Contributions |
| Investment Earnings Or Losses | 9924183 | InvestmentEarningsOrLosses |
| Other Expenditures | 6203331 | OtherExpenditures |
| End Of Year Balance | 147340680 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 169328092 | BeginningOfYearBalance |
| Contributions | 6115889 | Contributions |
| Investment Earnings Or Losses | -32575797 | InvestmentEarningsOrLosses |
| Other Expenditures | 6458812 | OtherExpenditures |
| End Of Year Balance | 136409372 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.17900 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.68050 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.14050 | TermEndowmentEOYBalance |
| 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 | 19354732 | OtherCostOrOtherBasis |
| Book Value | 19354732 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 189030842 | OtherCostOrOtherBasis |
| Depreciation | 65764809 | Depreciation |
| Book Value | 123266033 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 23998229 | OtherCostOrOtherBasis |
| Depreciation | 17660415 | Depreciation |
| Book Value | 6337814 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1999705 | OtherCostOrOtherBasis |
| Book Value | 1999705 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 150958284 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| LIMITED PARTNERSHIPS AND HEDGE FUNDS | 83972198 | F |
| MORTGAGES, LAND CONTRACTS & OTHER | 10047842 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 94020040 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (6 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ANNUITIES PAYABLE & TRUSTS | $9,023,166 |
| ACCUMULATED POST-RETIREMENT BENEFITS | $9,625,972 |
| REFUNDABLE FEDERAL PERKINS LOAN ADVANCES | $6,256,381 |
| STUDENTS' AND OTHER DEPOSITS | $1,249,521 |
| ACCRUED LIABILITIES | $4,978,695 |
| INTERST RATE SWAP | $2,261,606 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 33395341 | TotalOfAmounts |
| Total Revenue | 130979185 | TotalRevenue |
| Total Expenses | 122599008 | TotalExpenses |
| Excess Or Deficit For Year | 8380177 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 20093005 | NetUnrealizedGLOnInvestments |
| Other | $581,487 | OtherAmount |
| Total Adjustments | 20674492 | TotalAdjustments |
| Excess Or Deficit Per FS | 29054669 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 123350535 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 20093005 | NetUnrealizedGainsInvestments |
| Other Revenues | 581487 | OtherRevenues |
| Revenue Not Rptd F990 | 20674492 | RevenueNotRptdF990 |
| Revenue Subtotal | 102676043 | RevenueSubtotal |
| Investment Expenses Not Included | 658422 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 27644720 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 28303142 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 130979185 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 94295866 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 94295866 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 658422 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 27644720 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 28303142 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 122599008 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | CHANGE IN SPLIT VALUE INTEREST AGREEMENTS 581,487. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | CHANGES IN VALUE OF SPLIT INTEREST AGREEMENT 581,487. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INSTITUTIONAL SCHOLARSHIPS & FELLOWSHIPS 27,644,720. |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | INSTITUTIONAL SCHOLARSHIPS & FELLOWSHIPS 27,644,720. |
| THE COLLEGE IS A NOT-FOR-PROFIT CORPORATION AND HAS BEEN RECOGNIZED AS TAX-EXEMPT PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE COLLEGE, AND HAS CONCLUDED THAT AS OF JUNE 30, 2011, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE COLLEGE IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO JUNE 30, 2008. |
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 | RACIALLY NONDISCRIMINATORY POLICY STATEMENT IS INCLUDED ON VARIOUS PUBLICITY & POLICY STATEMENTS, INCLUDING OUR WEBSITE & TELEVISION ADS, AS WELL AS OUR CATALOG & STUDENT HANDBOOK, WHICH IS AVAILABLE UPON REQUEST. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | HOPE COLLEGE RECEIVES GRANTS AND FINANCIAL AID FROM VARIOUS FEDERAL AND STATE AGENCIES THAT ARE USED IN THE FURTHERANCE OF THE COLLEGE'S EXEMPT PURPOSE OF PROVIDING QUALITY EDUCATION. |
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 | SCHOLARSHIP - TUITION/BOOKS | TypeOfGrant |
| Number Of Recipients | 2685 | NumberOfRecipients |
| Amount Of Cash Grant | 27644720 | AmountOfCashGrant |
| Method Of Valuation | N/A | MethodOfValuation |
| Description Of Non Cash Assistance | N/A | 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: HOPE SCHOLARSHIP/GRANT FUNDS ARE DISBURSED TO THE RECIPIENT UPON PROOF OF ELIGILIBITY (I.E. FINANCIAL NEED OR ACADEMIC MERIT) AND UPON PROOF OF EXPENSE INCURRED. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 0 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 0 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 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 (8 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 BULTMAN | |||||||||||||
| 279108 | 0 | 0 | 0 | 0 | 0 | 25725 | 0 | 43518 | 0 | 348351 | 0 | 0 | 0 |
| WILLIAM VANDERBILT | |||||||||||||
| 134000 | 0 | 0 | 0 | 0 | 0 | 14070 | 0 | 11342 | 0 | 159412 | 0 | 0 | 0 |
| THOMAS BYLSMA | |||||||||||||
| 154120 | 0 | 0 | 0 | 0 | 0 | 16170 | 0 | 29289 | 0 | 199579 | 0 | 0 | 0 |
| SCOTT WOLTERINK | |||||||||||||
| 138000 | 0 | 0 | 0 | 0 | 0 | 14490 | 0 | 11359 | 0 | 163849 | 0 | 0 | 0 |
| RICHARD FROST | |||||||||||||
| 120613 | 0 | 0 | 0 | 0 | 0 | 12127 | 0 | 53721 | 0 | 186461 | 0 | 0 | 0 |
| RICHARD RAY | |||||||||||||
| 125000 | 0 | 0 | 0 | 0 | 0 | 13125 | 0 | 37463 | 0 | 175588 | 0 | 0 | 0 |
| GREG MAYBURY | |||||||||||||
| 127931 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 49989 | 0 | 177920 | 0 | 0 | 0 |
| MOSES LEE | |||||||||||||
| 139125 | 0 | 0 | 0 | 0 | 0 | 14608 | 0 | 54594 | 0 | 208327 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| PART I, LINE 1A | THE PRESIDENT IS REQUIRED TO LIVE ON CAMPUS AS PART OF HIS EMPLOYMENT WITH THE COLLEGE. INCLUDED IN NONTAXABLE BENEFITS IS THE FAIR MARKET VALUE OF THE HOUSE VALUED AT $24,750. A DONOR PROVIDES AN ANNUAL GIFT FOR THE PRESIDENT AND VICE PRESIDENTS TO BELONG TO A LOCAL COUNTRY CLUB AS A WAY TO PROMOTE THE COLLEGE. THIS INCLUDES 2 MEMBERSHIPS VALUED AT $7,820 EACH AND ARE INCLUDED IN NONTAXABLE BENEFITS. |
| PART I, LINE 1B | THERE IS NOT A "POLICY" THAT THE PRESIDENT LIVE ON CAMPUS IT IS PART OF HIS EMPLOYMENT. THERE IS ALSO NOT A "POLICY" FOR THE COUNTRY CLUB MEMBERSHIP IT IS SIMPLY A DONOR DESIGNATED GIFT. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| MICHIGAN HIGHER EDUCATION FACILITIES AUTHORITY | |||||||
| 521285150 | 594519D23 | 2004-07-28 | 25000000 | CONSTRUCTION OF DEVOS FIELDHOUSE AND MARTHA MILLER CENTER | 0 | 0 | 0 |
| MICHIGAN FINANCE AUTHORITY | |||||||
| 800596186 | NONEAVAIL | 2010-12-17 | 10200000 | REFINANCE MHEFA SERIES 1999 BONDS | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Amount RetiredAmountRetired | Total ProceedsTotalProceeds | Capitalized InterestCapitalizedInterest | Refunding EscrowRefundingEscrow | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 6575000 | 26112952 | 781245 | 9578455 | 218550 | 135996 | 15398706 | 2006 | 1 | 0 | 1 | 1 |
| 10200000 | 10200000 | 1 | 0 | 0 | 1 |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 1 |
| 0 | 0 | 0 | 0 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| 1 | 1 | 0 | 0 | 0 | 0 |
| 0 | 1 | 0 | 0 | 0 | 1 |
Form990 Schedule K Part V Form990ScheduleKPartV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| SCHEDULE K, PART 1, COLUMN A AND B - F: | PART I.A.(F). THE PURPOSE OF THE BONDS ISSUED ON JULY 28, 2004 IS (A) TO CURRENTLY REFUND (I) A PORTION OF THE MICHIGAN HIGHER EDUCATION FACILITIES AUTHORITY ("MHEFA") LIMITED OBLIGATION REVENUE AND REVENUE REFUNDING BONDS, SERIES 1994 (HOPE COLLEGE PROJECT), DATED JUNE 16, 1994, AND (II) THE MHEFA LIMITED OBLIGATION REVENUE BONDS (HOPE COLLEGE PROJECT), SERIES 1996B, DATED JUNE 4, 1996, (B) TO PAY THE COSTS OF CONSTRUCTING, EQUIPPING AND FURNISHING THE DEVOS FIELD HOUSE AND THE MARTHA MILLER CENTER FOR GLOBAL COMMUNICATIONS, AND RENOVATING GRAVES HALL, LUBBERS HALL AND THE DOW CENTER, (C) TO PAY CAPITALIZED INTEREST ON THE NEW MONEY PORTION OF THE BONDS, AND (D) TO PAY THE COSTS OF ISSUING AND SECURING THE BONDS. PART I.B.(F). THE PUROSES OF THE BONDS ISSUED ON DECEMBER 17, 2010 IS TO CURRENTLY REFUND THE MHEFA LIMITED OBLIGATION REVENUE REFUNDING BONDS (HOPE COLLEGE PROJECT), SERIES 1999, DATED MARCH 24, 1999. |
| SCHEDULE K, PART II, LINE 3: | TOTAL PROCEEDS INCLUDES INVESTMENT PROCEEDS OF $1,112,952 FOR COLUMN A. |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MICHELLE BOMBE | NamePerson |
| Purpose Of Loan | PURCHASE OF COMPUTER | PurposeOfLoan |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $2,430 | OriginalPrincipalAmount |
| Balance Due | 810 | BalanceDue |
| Default | 0 | Default |
| Approved By Board | 0 | ApprovedByBoard |
| Written Agreement | 1 | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 810 | TotalBalanceDue |
Form990 Schedule L Part IV Form990ScheduleLPartIV (5 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| RT LONDON | |||
| MR. RICHARD POSTMA IS A BOARD MEMBER OF HOPE COLLEGE AND OWNER | 100465 | MR. RICHARD POSTMA IS AN OWNER OF RT LONDON USED FOR RESIDENCE HALL FURNISHINGS WHICH WERE COMPETITIVELY BID. | 0 |
| PRINTERY AND MULTI PACKAGING SOLUTI | |||
| MR. TED ETHERIDGE IS A BOARD MEMBER OF HOPE COLLEGE AND CO-OWNER | 138381 | MR. TED ETHERIDGE IS A CO-OWNER OF THE PRINTERY AND MULTI PACKAGING SOLUTIONS WHICH ARE BOTH VENDORS OF THE COLLEGE. ALL PURCHASES WERE COMPETITIVELY BID. | 0 |
| CROWN MOTORS | |||
| MS. EMILIE WIERDA IS A BOARD MEMBER OF HOPE COLLEGE AND OWNER | 144849 | MS. EMILIE WIERDA IS AN OWNER OF CROWN MOTORS USED FOR COMPANY AUTOMOBILES AND SERVICE SUPPLIES FOR VEHICLES. ALL PURCHASES WERE COMPETITIVELY BID. | 0 |
| CREATIVE DINING SERVICES | |||
| MR. THOMAS BYLSMA IS AN OFFICER OF HOPE COLLEGE AND A BOARD MEMBER | 7711216 | MR. THOMAS BYLSMA IS A BOARD MEMBER OF CREATIVE DINING SERVICES. ALL PURCHASES WERE COMPETITIVELY BID. | 0 |
| CREATIVE DINING SERVICES | |||
| MR. RICHARD FROST IS AN OFFICER OF HOPE COLLEGE AND A BOARD MEMBER | 7711216 | MR. RICHARD FROST IS A BOARD MEMBER OF CREATIVE DINING SERVICES. ALL PURCHASES WERE COMPETITIVELY BID. | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 69 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 843621 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | NYSE - FMV | MethodOfDeterminingRevenues |
Real Estate Commercial RealEstateCommercial
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 30000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | PIANO | Description |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 45000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | MEMBERS OF THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES ARE PROVIDED WITH A REASONABLE OPPORTUNITY TO REVIEW AND COMMENT TO EXECUTIVE LEADERSHIP ON THE FORM 990 OF HOPE COLLEGE BEFORE ITS FILED WITH THE INTERNAL REVENUE SERVICE. FURTHER, THE EXECUTIVE LEADERSHIP OF HOPE COLLEGE PROVIDES THE MINUTES OF THE AUDIT COMMITTEE FORM 990 REVIEW TO THE BOARD OF TRUSTEES SHOWING AN OVERVIEW OF THE HIGHLIGHTS AT THE NEXT REGULARLY SCHEDULED BOARD MEETING FOLLOWING THE FILING OF THE FORM 990. | |
| MEMBERS OF THE BOARD OF TRUSTEES PREPARE AND SIGN CONFLICT STATEMENTS ANNUALLY. THESE STATEMENTS ARE REVIEWED AT THE OCTOBER BOARD OF TRUSTEE MEETING TO ENSURE COMPLIANCE WITH THE CONFLICT POLICY. MEMBERS OF THE COMMITTEE WITH A PERSONAL INVOLVEMENT IN A PARTICULAR DECISION WILL EXCUSE THEMSELVES FROM DISCUSSION LEADING TO A DECISION AND FROM THE DECISION ITSELF, AND THIS DISCLOSURE AND ABSENCE WILL BE NOTED IN THE MINUTES OF THE MEETING. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE BOARD OF TRUSTEES (BOT) APPROVES A RECOMMENDED COMPENSATION INCREASE BROUGHT TO THE BOT FROM THE CFO. THE COMPENSATION INCREASE IS HIGHLY CORRELATED TO THE TUITION INCREASE APPROVED FOR THE FOLLOWING ACADEMIC YEAR. THE RATES RECOMMENDED ARE DETERMINED BY LOOKING AT THE FOLLOWING FACTORS: COST OF LIVING (CPI), CUPA (COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION) SURVEYS, AND THE LAKESHORE HUMAN RESOURCES MANAGEMENT ASSOCIATION SURVEYS - WHICH IS A CHAPTER OF THE SOCIETY OF HUMAN RESOURCES MANAGEMENT (SHRM). SINCE WE ARE NOT A "UNION" SCHOOL WE DO NOT HAVE DELIBERATION BUT IF DISCUSSION DOES OCCUR DURING THE BOT APPROVAL PROCESS, IT WOULD BE DOCUMENTED IN THE BOT MINUTES FOR THAT SPECIFIC MEETING. THE CEO'S (PRESIDENT'S) COMPENSATION IS BASED UPON A RECOMMENDATION FROM THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES AND IS THEN APPROVED BY THE FULL BOARD OF TRUSTEES. COMPARISON DATA IS USED ALONG WITH EVALUATION OF PERFORMANCE IN THEIR DECISION. | FORM 990, PART VI, SECTION B, LINE 15 | |
| THE ORGANIZATION MAKES FORM 990 AVAILABLE UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 18 | |
| THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 20,093,005. CHANGE IN SPLIT VALUE INTEREST AGREEMENTS 581,487. TOTAL TO FORM 990, PART XI, LINE 5: 20,674,492. | FORM 990, PART XI, LINE 5: |
| THE OVERSIGHT PROCESS FOR THE AUDIT HAS NOT CHANGED SINCE LAST YEAR. | FORM 990, PART XII, LINE 2C |
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