2011-02-07T20:12:40-07:00 2010-06-30 990 2009-07-01 880121831 SIERRA NEVADA COLLEGE SIER 7758817426 999 Tahoe Blvd Incline Village NV 89451 Wanda Hill 7758817540 2011-02-11 2009 2016-02-24 21:20:13Z X Sierra Nevada College 999 Tahoe Blvd Incline Village NV 89451 19779077 0 X www.sierranevada.edu X 1969 NV Sierra Nevada College's mission is to combine the liberal arts and professional preparedness through an interdisciplinary curriculum. 9 8 457 0 0 0 7169443 3994414 12294190 13704592 152870 118772 -358967 39769 19257536 17857547 4202602 5489806 0 0 7207557 7739400 0 648045 7193766 6021866 18603925 19251072 653611 -1393525 49050763 49802048 27006710 29014221 22044053 20787827 Sierra Nevada College's mission is to combine the liberal arts and professional preparedness through an interdisciplinary curriculum which emphasizes entrepreneurial thinking and environmental, social, economic, and educational sustainability to produce graduates who will be scholars of and contributors to a sustainable world. 0 0 13053473 5489806 17857547 Sierra Nevada College is a fully accredited institution of higher learning. During fiscal year 2010, higher educational services were provided to approximately 1,000 students. 0 0 0 13053473 1 1 0 0 0 0 0 0 1 1 1 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 0 0 1 116 0 1 457 1 0 0 0 0 0 1 1 0 0 0 9 8 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 1 0 X Lynda Odell 7758817426 999 Tahoe blvd Incline Village NV 89451 Barry Munitz Ph D 4 X 0 0 0 Joel Kurtzman 4 X 0 0 0 Atam Lalchandani 4 X 0 0 0 Richard Merkin MD 4 X 0 0 0 Wayne Prim 4 X 0 0 0 Ted Sanders 4 X 0 0 0 Roger Wittenberg 4 X 0 0 0 Elaine Wynn 4 X 0 0 0 Richard Rubsamen 4 X 0 0 0 Robert Maxson Ph D 40 X 553846 0 0 Lynn Gillette Ph D 40 X 199867 0 0 Daniel Rushin 40 X 107884 0 0 Kristine Young 40 X 61551 0 0 Daniel O'Bryan Ph D 40 X 117597 0 0 Shannon Beets 40 X 112997 0 0 Madylon Meiling Ph D 40 X 119838 0 0 Richard Normington 40 X 114906 0 0 Laird Blackwell 40 X 98361 0 0 Bary Pollack 40 X 88944 0 0 David Webb 40 X 83354 0 0 Julie Foster 40 X 85662 0 0 1744807 0 0 7 0 1 0 Sodexo Inc PO Box 360170 Pittsburgh PA 152516170 Facilities Management 893009 Sodexo Food Service Dept 43283 Los Angeles CA 900883283 Food Services 822222 Hometown Health Premium Billing 830 Harvard Way Reno NV 89502 Health Care Insurance 589015 UC Davis Regents PO Box 989062 West Sacramento CA 957989062 Property Lease (Bond Int) 553794 Guggenheim Corp Funding 135 E 57th St 6th Fl New York NY 10022 Loan Interest 310072 13 0 0 767264 138599 47923 3040628 59680 3994414 Tuition, Fees and Board 611310 13704592 13704592 0 0 0 0 0 0 13704592 116640 0 0 116640 0 0 0 0 0 0 0 0 837238 0 429628 0 407610 0 407610 0 0 407610 79872 0 77740 0 2132 0 2132 0 0 2132 37890 767261 20119 17771 17771 0 0 0 0 0 0 0 0 474074 1394043 -919969 -919969 0 0 Falcon Capital Settlement 900099 450000 0 0 450000 Student A/R adjustments 611310 9991 9991 0 0 Mgt Fees (TCES) 611310 7765 0 0 7765 66601 0 0 66601 534357 17857547 12812385 0 1050748 0 5489806 5489806 0 0 0 0 1303107 457874 845233 0 0 0 0 0 4924383 4250012 281979 392392 109627 87381 17448 4798 915821 440043 438570 37208 486462 389966 65770 30726 0 0 0 0 146062 0 146062 0 84034 30 84004 0 0 0 0 0 0 0 0 0 0 0 1274829 327711 946824 294 158204 93520 64524 160 651124 456741 184215 10168 173552 172828 724 0 0 0 0 0 420427 55966 364386 75 182870 163139 19462 269 0 0 0 0 20798 16666 4132 0 628470 12783 615687 0 0 0 0 0 1201944 89653 1112291 0 0 0 0 0 Bad Debt 443318 0 287443 155875 Student Recruiting 189051 183639 5412 0 Special Events 96715 45942 34693 16080 350468 319773 30695 0 19251072 13053473 5549554 648045 439625 676715 701834 733149 712064 3043410 696042 780061 0 0 0 0 0 0 91903 155555 1387788 969017 42829934 9449807 34528153 33380127 2152288 2163886 0 0 0 0 0 8341066 7900128 49050763 49802048 1741864 1774117 0 0 553072 941151 11100000 10660000 0 0 180900 5180900 0 2500000 0 0 13430874 7958053 27006710 29014221 X 17110843 13403780 1510336 3957632 3422874 3426415 22044053 20787827 49050763 49802048 X 0 1 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3448301 3541 328102 193639 0 0 3586305 3947751 13541 -311355 201636 0 0 3448301 0 0.9555 0.0445 0 0 2820618 0 2820618 34904532 0 5698148 29206384 0 0 0 0 4832646 0 3738562 1094084 272138 0 13097 259041 33380127 0 0 0 Minimum Lease Payments 7900128 7900128 0 UCD Advanced Rents 7900128 Capital Leases 57925 7958053 17857547 19251072 -1393525 214710 0 0 0 0 214710 -1178815 14426242 214710 0 0 -5489806 -5275096 19701338 0 -1843791 -1843791 17857547 15605057 0 0 0 1843791 1843791 13761266 0 5489806 5489806 19251072 SchD_P05_S00_L04 Schedule D, Part V, Line 4 The intended uses of organization endowment funds are: Entrepreneurship, Visiting Scholars, Student Aid, Environmental Studies, Tahoe Forum. SchD_P10_S00_L00 Schedule D, Part X The detail for Other Liabilities are: UCD Advanced Rents of $7,900,128 and Capital Leases of $57,925. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Tuition Discount of $5,489,806 is subtracted from revenue on the Audited Financial Statement. This amount is shown as an expense on Part IX of the Form 990. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Part VIII of the Form 990 includes expenses shown on line 6b of $429,628, 8b of $20,119, and 10b of $1,394,043 which reduce Form 990 total revenue by $1,843,790. SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Part VIII of the Form 990 includes expenses shown on line 6b of $429,628, 8b of $20,119, and 10b of $1,394,043 which reduce Form 990 total expences by $1,843,790. SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Tuition Discount of $5,489,806 is subtracted from revenue on the Audited Financial Statement. This amount is shown as an expense on Part IX of the Form 990. 1 1 1 Statement of nondiscrimination and community ethics is found in the Student Handbook at www.sierranevada.edu/current student/Student Handbook. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 U.S. Department of Education Title IV Financial Student Aid 1 Holiday Gala 400394 362504 37890 0 0 12000 1518 0 6601 Spring Fundraiser 442650 442650 0 0 0 0 0 0 0 0 843044 805154 37890 0 0 12000 1518 0 6601 20119 17771 1 Scholarships 415 5489806 0 Tuition and Fee Rates Tuition and fees reduction SchI_P01_S00_L02 Schedule I, Part I, Line 2 Sierra Nevada College awards scholarships to students based on a matrix of requirements includes financial need, academic performance, and donor specifications. X X 1 1 X X 0 0 0 0 0 0 0 0 0 Robert Maxson Ph D 395918 0 157928 0 0 0 0 0 15162 0 569008 0 Lynn Gillette Ph D 199867 0 0 0 0 0 8683 0 14748 0 223298 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a SNC Provided the President a housing allowance and maid service. Washoe County Nevada 886000138 940833AB2 2005-04-27 11200000 Construction of Leed Platinum Science Building 0 0 11138963 0 0 0 211263 0 9721532 2007 0 0 1 1 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 Hall-Fairweather Foundation Teacher Education Program X 100000 100500 0 1 1 Robert Goff Teacher Education Program X 10000 10050 0 1 1 Peter Kovacs Teacher Education Program X 20000 20100 0 1 1 Wayne Prim Teacher Education Program X 50000 50250 0 1 1 Wayne Prim Foundation Operational Expenses X 5000000 5000000 0 1 1 5180900 Cardean Learning Group LLC See Schedule O 105675 IT Support Services 0 X 3 71869 Hi / Lo Avarage X Donated Items 11 7811 Price Sold at Auction 1 0 0 0 F990_P06_S0A_L08b Form 990, Part VI, Section A, Line 8b The Organization only documents the meetings held by the Governing Body. F990_P06_S0B_L11 Form 990, Part VI, Section B, Line 11 SNC's Form 990 was prepared by the Controller. The Form 990 is reviewed by the President and CFO. Once appoved the Form 990 is efiled with the IRS. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The College President's compensation in 2008 and Executive VP, Provost's compensation in 2008 was determined and approved by the Board of Trustees based on experience and market. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The College makes its Governing Documents and Financial Statements available to the public upon request. SchL_P04_S00_L00 Schedule L, Part IV Richard Rubsamen was President of Cardean Learning Group LLC and Trustee for Sierra Nevada College. July 1 2010 Mr. Rubsamen became President of SNC. SchR_P02_S00_L00 Schedule R, Part II To receive gifts and make grants for the support of Sierra Nevada College. Sierra Nevada College Foundation 999 Tahoe Blvd Incline Village NV 89451 261389575 See Schedule O NV 501 (c) (3) Type 1 N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 Sierra Nevada College Foundation c 137300