Totals
- Total revenue
- $320,784,822
- Total expenses
- $248,527,191
- Contributions and grants received
- $253,577,837
- Grants paid
- $35,736,612
- Program service revenue
- $68,416,955
- Investment income
- -$7,386,506
- Other revenue
- $6,176,536
- Total assets, end of year
- $1,871,625,743
- Total liabilities, end of year
- $283,131,874
- Net assets or fund balances, end of year
- $1,588,493,869
- Program services expenses (Part IX)
- $152,925,134
- Management and general expenses
- $26,894,895
- Fundraising expenses
- $68,707,162
- Program service expenses (Part III)
- $152,925,134
Program services were 61.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$1,200,000
-
1f · All other contributions, gifts and grants
$252,377,837
-
1g · Noncash contributions included above
$38,160,845
-
2a · Program service revenue: TUITION AND FEES
total $52,399,420 · related or exempt $52,399,420
-
2b · Program service revenue: AUXILIARY
total $14,551,691 · related or exempt $14,495,867 · unrelated business $55,824
-
2c · Program service revenue: CONFERENCE CENTER
total $1,465,844 · related or exempt $45,894 · unrelated business $1,419,950
-
3 · Investment income
total $9,833,581 · unrelated business $2,202,754 · excluded $7,630,827
-
7b · Less cost or other basis and sales expenses
securities $17,220,087
-
7c · Gain or loss
securities -$17,220,087
-
7d · Net gain or loss
total -$17,220,087 · excluded -$17,220,087
-
9a · Gaming: gross income
$118,791
-
9b · Gaming: direct expenses
$42,707
-
9c · Net income from gaming
total $76,084 · excluded $76,084
-
10a · Gross sales of inventory
$1,944,930
-
10b · Cost of goods sold
$6,265,085
-
10c · Net income from sales of inventory
total -$4,320,155 · unrelated business $414,293 · excluded -$4,734,448
-
11a · Other revenue: SCP REBATE
total $2,506,492 · excluded $2,506,492
-
11b · Other revenue: HILLSDALE COLLEGE DAF
total $2,210,843 · related or exempt $2,210,843
-
11c · Other revenue: FOOD SERVICE BONUS/REB
total $766,703 · related or exempt $766,703
-
11d · All other revenue
total $4,936,569 · related or exempt $4,208,763 · unrelated business $727,806
-
11e · Other revenue, total
$10,420,607
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $629,628 · program services $629,628
-
2 · Grants to domestic individuals
total $34,377,709 · program services $34,377,709
-
3 · Grants to foreign organizations and individuals
total $729,275 · program services $729,275
-
5 · Compensation of officers, directors and key employees
total $3,121,307 · program services $523,974 · management and general $1,577,656 · fundraising $1,019,677
-
7 · Other salaries and wages
total $56,549,979 · program services $40,360,032 · management and general $7,794,342 · fundraising $8,395,605
-
8 · Pension plan contributions
total $4,520,690 · program services $3,124,954 · management and general $785,588 · fundraising $610,148
-
9 · Other employee benefits
total $7,971,242 · program services $6,196,718 · management and general $1,018,510 · fundraising $756,014
-
10 · Payroll taxes
total $3,871,968 · program services $2,675,532 · management and general $708,454 · fundraising $487,982
-
11b · Fees: legal
total $1,467,938 · program services $588,565 · management and general $805,570 · fundraising $73,803
-
11f · Fees: investment management
total $101,606 · management and general $101,606
-
11g · Fees: other
total $42,368,356 · program services $9,263,675 · management and general $1,787,750 · fundraising $31,316,931
-
12 · Advertising and promotion
total $8,640,514 · program services $707,344 · management and general $121,299 · fundraising $7,811,871
-
13 · Office expenses
total $30,481,277 · program services $21,201,827 · management and general $896,382 · fundraising $8,383,068
-
14 · Information technology
total $7,313,523 · program services $953,184 · management and general $5,837,319 · fundraising $523,020
-
15 · Royalties
total $3,710 · management and general $3,710
-
16 · Occupancy
total $5,551,059 · program services $4,659,825 · management and general $844,860 · fundraising $46,374
-
17 · Travel
total $9,959,526 · program services $6,758,341 · management and general $749,583 · fundraising $2,451,602
-
19 · Conferences, conventions and meetings
total $9,831,201 · program services $3,290,663 · management and general $234,784 · fundraising $6,305,754
-
20 · Interest
total $436,730 · program services $436,730
-
22 · Depreciation, depletion and amortization
total $8,551,792 · program services $7,642,061 · management and general $909,731
-
24a · Other expenses: EQUIPMENT
total $3,460,219 · program services $3,460,219
-
24b · Other expenses: UBI TAX PAYMENTS
total $2,095,978 · management and general $2,095,978
-
24c · Other expenses: MEMBERSHIPS
total $288,374 · program services $185,096 · management and general $38,210 · fundraising $65,068
-
24d · Other expenses: GIFTS/AWARDS
total $145,686 · program services $105,787 · management and general $16,434 · fundraising $23,465
-
24e · All other expenses
total $6,057,904 · program services $5,053,995 · management and general $567,129 · fundraising $436,780
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,438,799 · end of year $5,001,271
-
2 · Savings and temporary cash investments
beginning of year $87,368,013 · end of year $121,146,440
-
3 · Pledges and grants receivable
beginning of year $130,975,562 · end of year $148,279,926
-
4 · Accounts receivable
beginning of year $3,623,553 · end of year $4,389,134
-
7 · Other notes and loans receivable
beginning of year $30,554,232 · end of year $31,052,035
-
8 · Inventories for sale or use
beginning of year $616,689 · end of year $1,092,290
-
9 · Prepaid expenses and deferred charges
beginning of year $5,236,966 · end of year $3,158,901
-
10a · Land, buildings and equipment: cost or other basis
$360,445,815
-
10b · Land, buildings and equipment: accumulated depreciation
$126,212,664
-
10c · Land, buildings and equipment, net
beginning of year $213,076,247 · end of year $234,233,151
-
11 · Investments: publicly traded securities
beginning of year $430,058,714 · end of year $390,791,089
-
12 · Investments: other securities
beginning of year $797,952,766 · end of year $915,798,986
-
15 · Other assets
beginning of year $17,454,585 · end of year $16,682,520
-
17 · Accounts payable and accrued expenses
beginning of year $29,369,618 · end of year $33,028,077
-
19 · Deferred revenue
beginning of year $1,354,150 · end of year $1,993,848
-
20 · Tax-exempt bond liabilities
beginning of year $6,332,540 · end of year $5,654,120
-
23 · Secured mortgages and notes payable
beginning of year $175,352,957 · end of year $185,886,261
-
25 · Other liabilities
beginning of year $53,712,182 · end of year $56,569,568
-
27 · Net assets without donor restrictions
beginning of year $208,181,902 · end of year $241,977,900
-
28 · Net assets with donor restrictions
beginning of year $1,245,052,777 · end of year $1,346,515,969
Mission and programs · 2022
Mission
SEE SCHEDULE O
Activities or mission (Part I)
HILLSDALE COLLEGE IS A PRIVATE LIBERAL ARTS COLLEGE WITH APPROXIMATELY 1,500 STUDENTS. FOUNDED IN 1844, THE COLLEGE REMAINS, IN THE WORDS OF ITS ARTICLES OF ASSOCIATION, "GRATEFUL TO GOD FOR THE INESTIMABLE BLESSINGS RESULTING FROM THE PREVALENCE OF CIVIL AND RELIGIOUS LIBERTY AND INTELLIGENT PIETY" IN OUR NATION, AND DEDICATED TO "THE DIFFUSION OF SOUND LEARNING" THAT IS "ESSENTIAL TO THE PERPETUITY OF THESE BLESSINGS."
-
STUDENT INSTRUCTION HILLSDALE COLLEGE MAINTAINS ITS DEFENSE OF THE CLASSICAL LIBERAL ARTS CURRICULUM, CONVINCED THAT IT IS THE BEST PREPARATION FOR MEETING THE CHALLENGES OF MODERN LIFE AND THAT IT OFFERS TO ALL PEOPLE OF ALL BACKGROUNDS NOT ONLY AN IMPORTANT BODY OF KNOWLEDGE, BUT ALSO TIMELESS TRUTHS ABOUT THE HUMAN CONDITION. THE LIBERAL ARTS ARE DEDICATED TO STIMULATING STUDENTS' INTELLECTUAL CURIOSITY, TO ENCOURAGING THE CRITICAL, WELL-DISCIPLINED MIND, AND TO FOSTERING PERSONAL GROWTH THROUGH ACADEMIC CHALLENGE. AS SUCH, THE COLLEGE MAINTAINS A RIGOROUS CORE CURRICULUM OF 50 ACADEMIC CREDITS, INCLUDING REQUIRED COURSES IN WESTERN AND AMERICAN HISTORY, THE GREAT BOOKS, THE U.S. CONSTITUTION, LOGIC AND RHETORIC, PHILOSOPHY, THEOLOGY, MATHEMATICS, THE ARTS AND SCIENCES, AND MORE. IN ADDITION TO THE CORE CURRICULUM, STUDENTS CHOOSE FROM 30 MAJORS AND SEVEN INTERDISCIPLINARY MAJORS. SEVEN MINORS-ONLY PROGRAMS AND NINE PRE-PROFESSIONAL PROGRAMS ARE ALSO OFFERED. THE FOUR-YEAR UNDERGRADUATE COURSE OF STUDY CULMINATES IN A BACHELOR OF ARTS OR BACHELOR OF SCIENCE DEGREE. HILLSDALE COLLEGE IS CONSISTENTLY RANKED HIGH ON LISTS OF THE BEST LIBERAL ARTS COLLEGES IN THE NATION BY SUCH PUBLICATIONS AS U.S. NEWS & WORLD REPORT, THE PRINCETON REVIEW, FORBES, AND KIPLINGER'S PERSONAL FINANCE. IN ADDITION TO ITS UNDERGRADUATE PROGRAM OF INSTRUCTION, THE COLLEGE OPERATES THE VAN ANDEL GRADUATE SCHOOL OF STATESMANSHIP ON CAMPUS, OFFERING MASTER'S AND DOCTORAL DEGREES IN POLITICS; THE STEVE & AMY VAN ANDEL GRADUATE SCHOOL OF GOVERNMENT IN WASHINGTON, D.C., OFFERING A MASTER OF ARTS DEGREE IN GOVERNMENT; AND THE DIANA DAVIS SPENCE GRADUATE SCHOOL OF CLASSICAL EDUCATION OFFERING A MASTERS OF ARTS DEGREE IN CLASSICAL EDUCATION. THE COLLEGE IS COMMITTED TO THE EXCELLENCE OF ITS STUDENTS IN BOTH INTELLECT AND CHARACTER. THIS COMMITMENT IS REFLECTED IN THE STUDENT HONOR CODE, WHICH READS, "A HILLSDALE COLLEGE STUDENT IS HONORABLE IN CONDUCT, HONEST IN WORD AND DEED, DUTIFUL IN STUDY AND SERVICE, AND RESPECTFUL OF THE RIGHTS OF OTHERS. THROUGH EDUCATION THE STUDENT RISES TO SELF-GOVERNMENT." HILLSDALE BOASTS A STUDENT-FACULTY RATIO OF 9 TO 1. IT HAS 157 FULL-TIME FACULTY, 90 PERCENT OF WHOM HOLD THE HIGHEST DEGREE IN THEIR DISCIPLINES.
Expenses $73,801,150 · Revenue $52,399,420
-
STUDENT SCHOLARSHIPS AND GRANTS HILLSDALE COLLEGE HAS BEEN COMMITTED TO INDEPENDENCE SINCE ITS FOUNDING IN 1844. WHEN A 1984 U.S. SUPREME COURT RULING THREATENED HILLSDALE WITH THE ENTIRE RANGE OF FEDERAL REGULATIONS BECAUSE SOME OF ITS STUDENTS RECEIVED FEDERAL FINANCIAL AID, THE COLLEGE RESOLVED THAT NOT A SINGLE HILLSDALE STUDENT WOULD ACCEPT EVEN ONE CENT OF FEDERAL GRANTS, LOANS, OR SCHOLARSHIPS. INSTEAD, HILLSDALE ESTABLISHED THE PRIVATELY FUNDED STUDENT INDEPENDENCE SCHOLARSHIP AND LOAN FUND IN PLACE OF TAXPAYER-FUNDED AID FOR DESERVING STUDENTS WHO SEEK THE KIND OF CLASSICAL LIBERAL ARTS EDUCATION OFFERED AT HILLSDALE. SINCE THE STUDENT INDEPENDENCE SCHOLARSHIP AND LOAN FUND WAS ESTABLISHED IN 1985, HILLSDALE HAS REPLACED FEDERAL AND STATE GRANTS AND LOANS WITH OVER $143 MILLION IN PRIVATE AWARDS. THE ANNUAL COST OF REPLACING GOVERNMENT AID WAS OVER $6.5 MILLION IN THE 2022-2023 ACADEMIC YEAR; THIS TOTAL ASSISTED 488 STUDENTS. IN ADDITION, THE COLLEGE AWARDED APPROXIMATELY $30 MILLION IN PRIVATE SCHOLARSHIPS THAT YEAR ON THE BASIS OF FINANCIAL NEED, ACADEMIC MERIT, CAMPUS LEADERSHIP, ATHLETIC AND MUSIC PARTICIPATION, AND OTHER QUALIFICATIONS. APPROXIMATELY 98 PERCENT OF HILLSDALE STUDENTS QUALIFY FOR AND RECEIVE SOME FORM OF INSTITUTIONAL AID.
Expenses $35,106,984 · Grants $35,106,984
-
STUDENT SERVICES HILLSDALE'S STUDENT SERVICES INCLUDE THE ADMISSIONS OFFICE, CAREER SERVICES, ACADEMIC SERVICES, STUDENT AFFAIRS, AND HEALTH AND WELLNESS SERVICES. THE ADMISSIONS OFFICE RECEIVES AN INCREASING NUMBER AND HIGHER CALIBER OF APPLICATIONS EACH YEAR, LEADING TO A SELECTIVE ACCEPTANCE RATE OF 20 PERCENT FOR THE MOST RECENT ACADEMIC YEAR. THE OFFICE EMPHASIZES A HOLISTIC APPROACH TO APPLICATION REVIEWS AND CONDUCTS PERSONAL INTERVIEWS WITH MOST APPLICANTS. THE CAREER SERVICES OFFICE HELPS STUDENTS DEVELOP THEIR STRENGTHS AND INTRODUCES THEM TO OPPORTUNITIES THROUGH MENTORING, NETWORK-BUILDING, JOB FAIRS, AND OTHER PROGRAMS. THE COLLEGE HAS A 98 PERCENT FIVE-YEAR GRADUATE PLACEMENT AVERAGE. A SURVEY OF THE 2022 GRADUATING CLASS SHOWED THAT 73 PERCENT WERE EMPLOYED, 25 PERCENT IN CONTINUING EDUCATION AND GRADUATE PROGRAMS, AND 2 PERCENT IN MILITARY AND VOLUNTEER SERVICE. HILLSDALE'S STUDENT AFFAIRS DEPARTMENT OVERSEES A NUMBER OF STUDENT INTEREST GROUPS, ACADEMIC HONORARIES, VOLUNTEER ORGANIZATIONS, AND THE COLLEGE'S FOUR FRATERNITIES AND THREE SORORITIES. HEALTH AND WELLNESS SERVICES PROVIDES MEDICAL AND MENTAL HEALTH SERVICES TO STUDENTS, FACULTY, AND STAFF.
Expenses $17,604,799
-
THESE ADDITIONAL PROGRAM SERVICE EXPENSES INCLUDE, BUT ARE NOT LIMITED TO, AUXILIARY SERVICES (BOOKSTORE, RESIDENTIAL, DINING) AND PLAN AND MAINTENANCE OF CAMPUS GROUNDS AND BUILDINGS.
Expenses $26,412,201 · Grants $629,628 · Revenue $21,728,070
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Larry P ArnnLARRY P ARNN
PRESIDENT
- Total calculated
- $1,135,881
- From this org
- $1,067,751
- From related orgs
- $0
- Other
- $68,130
- Hours/week
- 40 + 10 related
Schedule J breakdown matched by us
- Base
- $529,660
- Bonus
- $533,949
- Other
- $4,142
- Deferred
- $26,547
- Nontaxable benefits
- $41,583
- Filer's total
- $1,135,881
-
Patrick L SajakPATRICK L SAJAK
CHAIRMAN OF THE BOARD
- Total calculated
- $0
- Hours/week
- 4.5
-
Stephen A Van AndelSTEPHEN A VAN ANDEL
VICE CHAIRMAN OF THE BOARD
- Total calculated
- $0
- Hours/week
- 4.5
-
William J BrodbeckWILLIAM J BRODBECK
TRUSTEE, CHAIRMAN EMERITUS
- Total calculated
- $0
- Hours/week
- 1
-
Bruce C SanbornBRUCE C SANBORN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Charles S McIntyre IIICHARLES S MCINTYRE III
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Chris ChocolaCHRIS CHOCOLA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Christopher F BachelderCHRISTOPHER F BACHELDER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Cleves R DelpCLEVES R DELP
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Daniel S PetersDANIEL S PETERS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
David A DurellDAVID A DURELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
David R HoughDAVID R HOUGH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Donna R EctonDONNA R ECTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Gregory C SchulerGREGORY C SCHULER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
James J MeeksJAMES J MEEKS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey H CoorsJEFFREY H COORS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jessica A FaubertJESSICA A FAUBERT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kurt D GrindstaffKURT D GRINDSTAFF
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mark L JohnsonMARK L JOHNSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Nena C MossNENA C MOSS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Nersi H NazariNERSI H NAZARI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
R Mark Hamlin JrR MARK HAMLIN JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Richard E HunterRICHARD E HUNTER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ronald C NolanRONALD C NOLAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ronald D RobsonRONALD D ROBSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
S Gunnar KlarrS GUNNAR KLARR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Thomas N Jordan JrTHOMAS N JORDAN JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Thomas C ShaferTHOMAS C SHAFER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Tobias W BuckTOBIAS W BUCK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Wayne R NelsonWAYNE R NELSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
William A Nolan IIIWILLIAM A NOLAN III
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Alice H HanleyALICE H HANLEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
William L FraimWILLIAM L FRAIM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Fred M ButlerFRED M BUTLER
TRUSTEE - PART YEAR
- Total calculated
- $0
- Hours/week
- 1
-
Kay A OrrKAY A ORR
TRUSTEE - PART YEAR
- Total calculated
- $0
- Hours/week
- 1
-
Ronald E TrzcinskiRONALD E TRZCINSKI
TRUSTEE - PART YEAR
- Total calculated
- $0
- Hours/week
- 1
-
Richard P PeweRICHARD P PEWE
VP OF ADMIN. AFFAIRS & SECRETARY
- Total calculated
- $326,572
- From this org
- $270,090
- From related orgs
- $0
- Other
- $56,482
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $266,421
- Bonus
- $3,000
- Other
- $669
- Deferred
- $27,872
- Nontaxable benefits
- $28,610
- Filer's total
- $326,572
-
Patrick H FlanneryPATRICK H FLANNERY
VP FOR FINANCE & TREASURER
- Total calculated
- $263,784
- From this org
- $217,122
- From related orgs
- $0
- Other
- $46,662
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $197,453
- Bonus
- $19,000
- Other
- $669
- Deferred
- $19,005
- Nontaxable benefits
- $27,657
- Filer's total
- $263,784
-
John CerviniJOHN CERVINI
VP FOR INST. ADVANCEMENT
- Total calculated
- $580,669
- From this org
- $519,675
- From related orgs
- $0
- Other
- $60,994
- Hours/week
- 40 + 10 related
Schedule J breakdown matched by us
- Base
- $424,581
- Bonus
- $90,000
- Other
- $5,094
- Deferred
- $30,500
- Nontaxable benefits
- $30,494
- Filer's total
- $580,669
-
Christopher Van OrmanCHRISTOPHER VAN ORMAN
PROVOST
- Total calculated
- $344,237
- From this org
- $300,702
- From related orgs
- $0
- Other
- $43,535
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $290,331
- Bonus
- $3,000
- Other
- $7,371
- Deferred
- $29,033
- Nontaxable benefits
- $14,502
- Filer's total
- $344,237
-
Robert NortonROBERT NORTON
VP & GENERAL COUNSEL
- Total calculated
- $411,703
- From this org
- $350,087
- From related orgs
- $0
- Other
- $61,616
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $277,405
- Bonus
- $67,220
- Other
- $5,462
- Deferred
- $30,501
- Nontaxable benefits
- $31,115
- Filer's total
- $411,703
-
Bill GrayBILL GRAY
VP OF MARKETING
- Total calculated
- $326,623
- From this org
- $275,869
- From related orgs
- $0
- Other
- $50,754
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $207,994
- Bonus
- $64,416
- Other
- $3,459
- Deferred
- $22,038
- Nontaxable benefits
- $28,716
- Filer's total
- $326,623
-
Matthew SpaldingMATTHEW SPALDING
VP FOR DC OPS & DEAN
- Total calculated
- $329,686
- From this org
- $303,516
- From related orgs
- $0
- Other
- $26,170
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $299,745
- Bonus
- $3,000
- Other
- $771
- Deferred
- $30,500
- Nontaxable benefits
- -$4,330
- Filer's total
- $329,686
-
Doug BanburyDOUG BANBURY
VP FOR ADMISSIONS/BUS DEVELOPMENT
- Total calculated
- $304,517
- From this org
- $250,333
- From related orgs
- $0
- Other
- $54,184
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $246,562
- Bonus
- $3,000
- Other
- $771
- Deferred
- $25,876
- Nontaxable benefits
- $28,308
- Filer's total
- $304,517
-
Matt SchlientzMATT SCHLIENTZ
AVP OF PROGRAMS
- Total calculated
- $303,903
- From this org
- $252,245
- From related orgs
- $0
- Other
- $51,658
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $225,714
- Bonus
- $23,000
- Other
- $3,531
- Deferred
- $23,461
- Nontaxable benefits
- $28,197
- Filer's total
- $303,903
-
Judy DukeJUDY DUKE
AVP OVER MAJOR GIFTS
- Total calculated
- $307,697
- From this org
- $264,885
- From related orgs
- $0
- Other
- $42,812
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $209,812
- Bonus
- $42,000
- Other
- $13,073
- Deferred
- $24,045
- Nontaxable benefits
- $18,767
- Filer's total
- $307,697
-
Mary EwersMARY EWERS
SR DEVELOPMENT OFFICER
- Total calculated
- $285,342
- From this org
- $249,686
- From related orgs
- $0
- Other
- $35,656
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $175,422
- Bonus
- $62,000
- Other
- $12,264
- Deferred
- $18,022
- Nontaxable benefits
- $17,634
- Filer's total
- $285,342
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, and on a Form 990-PF Part VIII's — 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 · First-class or charter travel
- 1a · Travel for companions
- 1a · Discretionary spending account
- 1a · Housing allowance or residence for personal use
- 1a · Payments for business use of a personal residence
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 5a · Pay contingent on this organization's revenues
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- BY THE NATURE OF THE POSITION, THE CEO IS REQUIRED TO FULFILL SEVERAL OBLIGATIONS/COMMITMENTS WHICH MAY RESULT IN TRAVELING FIRST-CLASS AND/OR CHARTER TO ACCOMMODATE REQUIRED APPOINTMENTS. FURTHER, HIS SPOUSE MAY ACCOMPANY HIM AS DICTATED BY HER REQUIRED PRESENCE FOR AN EVENT. THE CEO HAS AVAILABLE TO HIM A DISCRETIONARY FUND (BUDGETED EACH YEAR) FOR ASSISTING INDIVIDUALS AND/OR PROJECTS IN NEED OF SUPPORT. FURTHER, THE CEO IS REQUIRED TO RESIDE IN COLLEGE-OWNED HOUSING FOR THE PURPOSE OF BEING A PRESENCE ON CAMPUS AND FOR ENTERTAINMENT PURPOSES. AS THE RESULT OF LIVING IN A COLLEGE-OWNED RESIDENCE, THE COLLEGE PROVIDES, AS WITH ALL CAMPUS BUILDINGS, LIGHT HOUSEKEEPING. THE POSITION OF CEO ALSO REQUIRES MEMBERSHIP IN CERTAIN SOCIAL/ACADEMIC ORGANIZATIONS AND THEREFORE THE COLLEGE PROVIDES THE DUES/FEES ASSOCIATED WITH THAT MEMBERSHIP. FROM TIME TO TIME THE COLLEGE UTILIZES THE COLLEGE PRESIDENT'S PERSONAL RESIDENCE FOR COLLEGE EVENTS AND HOUSING OF COLLEGE GUESTS.
- PART I, LINE 3
- THE PRUDENTIAL COMMITTEE (EXECUTIVE COMMITTEE) OF THE BOARD OF TRUSTEES APPROVES THE CEO'S ANNUAL SALARY. THE TREASURER'S OFFICE SECURES SALARY INFORMATION SUPPLIED BY THE CHRONICLE OF HIGHER EDUCATION, IRS FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION CONSULTANTS, AND WRITTEN CONTRACT. THIS INFORMATION IS THEN PROVIDED TO THE PRUDENTIAL COMMITTEE FOR THEIR REVIEW AND EVALUATION.
- PART I, LINE 5
- DEPENDING ON THE LEVELS OF GIFT REVENUE, BONUSES WERE PAID.
- PART I, LINE 7
- THE PRESIDENT'S BONUS IS DETERMINED BASED ON THE BOARD OF DIRECTOR'S DISCRETION.
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
-
TEMPLETON GRANT
-
$132,772
TEMPLETON GRANT
-
$129,375
TEMPLETON GRANT
-
$109,845
TEMPLETON GRANT
-
$86,463
TEMPLETON GRANT
-
EXCELLENCE IN TEACHING AWARD
-
$11,971
TEMPLETON GRANT
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.
-
HILLSDALE COLLEGE INDEPENDENCE FOUNDATION
501(C)(3) · SUPPORTING ORGANIZATION TO HILLSDALE COLLEGE · MI · controlled entity
Directly controlled by HILLSDALE COLLEGE
-
LEE STILLMAN-ROLAND R WITTE SCHOLARSHIP FOUNDATION
501(C)(3) · SUPPORTING ORGANIZATION TO HILLSDALE COLLEGE · MI · controlled entity
Directly controlled by HILLSDALE COLLEGE
-
THE JACK E & GRETA W STALSBY CHARITABLE FOUNDATION TRUST
501(C)(3) · PROVIDE SCHOLARSHIPS TO SUPPORT HILLSDALE COLLEGE · MI · controlled entity
Directly controlled by HILLSDALE COLLEGE INDEPENDENCE FOUNDATION
-
DOROTHY D AND JOSEPH A MOLLER FOUNDATION
501(C)(3) · PROVIDE SCHOLARSHIPS TO SUPPORT HILLSDALE COLLEGE · MI · controlled entity
Directly controlled by HILLSDALE COLLEGE INDEPENDENCE FOUNDATION
-
501(C)(3) · SUPPORTING ORGANIZATION TO HILLSDALE COLLEGE · MI · controlled entity
Directly controlled by HILLSDALE COLLEGE
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
SAGINAW RIVER HOLDINGS
REAL ESTATE HOLDING · MI · income $0 · assets $13
Directly controlled by HILLSDALE COLLEGE
-
842 2ND AVENUE LLC
REAL ESTATE INVESTMENT · NY · income $42,750 · assets $1,960,180
Directly controlled by HILLSDALE COLLEGE
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441359349310364
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