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← COTTEY COLLEGE

Form 990 for tax year 2022

Filed by COTTEY COLLEGE.

Totals

Total revenue
$22,559,157
Total expenses
$25,182,881
Contributions and grants received
$10,584,516
Grants paid
$7,441,897
Program services expenses (Part IX)
$18,113,836
Management and general expenses
$6,542,353
Fundraising expenses
$526,692
Program service expenses (Part III)
$18,113,836

Program services were 71.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • KATHRYN BAYNE

    CHAIR

    Total calculated
    $0
    Hours/week
    3
  • GEORGANN DOUGLAS

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    3
  • TAMARA KENWORTHY

    SECRETARY

    Total calculated
    $0
    Hours/week
    3
  • LYDIA BANGERT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3
  • PENNY BESSMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3
  • JAMES BICKEL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3
  • JOAN BRADDOCK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3
  • ARIEL DELANEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3
  • CHERYL DENSLOW

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3
  • JACK EWING

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3
  • PAMELA NAPIER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3
  • PATRICIA BROLIN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3
  • CATHY MOSS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3
  • STEFANIE NILES

    PRESIDENT

    Total calculated
    $274,349
    From this org
    $250,900
    From related orgs
    $0
    Other
    $23,449
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $250,900
    Bonus
    $0
    Other
    $0
    Deferred
    $14,700
    Nontaxable benefits
    $8,749
    Filer's total
    $274,349
  • KIMBERLY MARSHALL

    VP ADMIN/FINANCE (END 7/5/23)

    Total calculated
    $124,428
    From this org
    $112,414
    From related orgs
    $0
    Other
    $12,014
    Hours/week
    40
  • LANDON ADAMS

    VP STUDENT LIFE

    Total calculated
    $153,176
    From this org
    $135,928
    From related orgs
    $0
    Other
    $17,248
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $135,928
    Bonus
    $0
    Other
    $0
    Deferred
    $8,248
    Nontaxable benefits
    $9,000
    Filer's total
    $153,176

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Travel for companions
  • 1a · Housing allowance or residence for personal use
  • 1a · Personal services (maid, chauffeur, chef)
  • 1b · Written policy on the line-1a expenses
  • 3 · Independent compensation consultant
  • 3 · Approval by the board or compensation committee

Answered no

  • 2 · Substantiation required before reimbursing expenses
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
AS A CONDITION OF EMPLOYMENT, THE PRESIDENT IS REQUIRED TO LIVE IN HOUSING SUPPLIED BY THE COLLEGE. IN ADDITION, TRAVEL FOR HER COMPANION IS PROVIDED WHEN THEY ARE REPRESENTING THE INSTITUTION AT PUBLIC FUNCTIONS ACROSS THE COUNTRY. THESE BENEFITS ARE PART OF THEIR CONTRACT AND ARE NOT TAXABLE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2024
IRS schema version
2022v5.0
Source object
202441369349315344

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