Totals
- Total revenue
- $55,435,506
- Total expenses
- $37,234,460
- Contributions and grants received
- $25,732,691
- Grants paid
- $13,120,934
- Program service revenue
- $25,255,180
- Investment income
- $1,607,838
- Other revenue
- $2,839,797
- Total assets, end of year
- $124,538,810
- Total liabilities, end of year
- $3,813,081
- Net assets or fund balances, end of year
- $120,725,729
- Program services expenses (Part IX)
- $32,579,750
- Management and general expenses
- $3,577,827
- Fundraising expenses
- $1,076,883
- Program service expenses (Part III)
- $32,579,750
Program services were 87.5% 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.
-
1e · Government grants (contributions)
$2,690,914
-
1f · All other contributions, gifts and grants
$23,041,777
-
1g · Noncash contributions included above
$287,702
-
2a · Program service revenue: TUITION AND FEES
total $19,062,870 · related or exempt $19,062,870
-
2b · Program service revenue: AUXILIARY ENTERPRISE REVENUE
total $6,192,310 · related or exempt $5,862,148 · unrelated business $330,162
-
3 · Investment income
total $1,489,682 · excluded $1,489,682
-
7a · Gross sales of assets other than inventory
securities $118,156
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $118,156
-
7d · Net gain or loss
total $118,156 · excluded $118,156
-
9a · Gaming: gross income
$50,310
-
9b · Gaming: direct expenses
$2,930
-
9c · Net income from gaming
total $47,380 · related or exempt $47,380
-
11a · Other revenue: OTHER INCOME
total $2,792,417 · related or exempt $2,792,417
-
11e · Other revenue, total
$2,792,417
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $13,120,934 · program services $13,120,934
-
5 · Compensation of officers, directors and key employees
total $1,094,386 · program services $510,145 · management and general $239,029 · fundraising $345,212
-
7 · Other salaries and wages
total $8,048,692 · program services $6,952,923 · management and general $837,911 · fundraising $257,858
-
8 · Pension plan contributions
total $255,824 · program services $220,319 · management and general $27,099 · fundraising $8,406
-
9 · Other employee benefits
total $1,700,583 · program services $1,298,576 · management and general $353,299 · fundraising $48,708
-
10 · Payroll taxes
total $563,004 · program services $479,687 · management and general $63,591 · fundraising $19,726
-
11f · Fees: investment management
total $236,287 · management and general $236,287
-
11g · Fees: other
total $104,404 · management and general $104,404
-
13 · Office expenses
total $2,253,742 · program services $2,105,456 · management and general $122,900 · fundraising $25,386
-
16 · Occupancy
total $1,212,014 · program services $1,096,625 · management and general $91,440 · fundraising $23,949
-
17 · Travel
total $715,368 · program services $673,000 · management and general $3,394 · fundraising $38,974
-
20 · Interest
total $52,979 · program services $32,326 · management and general $17,134 · fundraising $3,519
-
22 · Depreciation, depletion and amortization
total $2,585,776 · program services $2,301,666 · management and general $228,312 · fundraising $55,798
-
24a · Other expenses: CONTRACT SERVICES
total $3,187,976 · program services $2,224,505 · management and general $835,377 · fundraising $128,094
-
24b · Other expenses: MISCELLANEOUS
total $1,256,330 · program services $1,167,207 · management and general $62,418 · fundraising $26,705
-
24c · Other expenses: EQUIPMENT RENTAL AND MA
total $519,309 · program services $181,986 · management and general $284,927 · fundraising $52,396
-
24d · Other expenses: PRINTING & PUBLICATIONS
total $236,461 · program services $201,990 · management and general $8,535 · fundraising $25,936
-
24e · All other expenses
total $90,391 · program services $12,405 · management and general $61,770 · fundraising $16,216
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,081,854 · end of year $1,131,019
-
3 · Pledges and grants receivable
beginning of year $15,988,622 · end of year $22,313,147
-
4 · Accounts receivable
beginning of year $1,546,188 · end of year $2,372,074
-
7 · Other notes and loans receivable
beginning of year $29,021
-
8 · Inventories for sale or use
beginning of year $87,167 · end of year $80,227
-
10a · Land, buildings and equipment: cost or other basis
$87,779,710
-
10b · Land, buildings and equipment: accumulated depreciation
$52,935,472
-
10c · Land, buildings and equipment, net
beginning of year $32,962,057 · end of year $34,844,238
-
11 · Investments: publicly traded securities
beginning of year $46,003,100 · end of year $51,669,083
-
12 · Investments: other securities
beginning of year $1,258,032 · end of year $2,430,897
-
15 · Other assets
beginning of year $2,875,247 · end of year $9,698,125
-
17 · Accounts payable and accrued expenses
beginning of year $1,734,961 · end of year $2,535,905
-
19 · Deferred revenue
beginning of year $638,437 · end of year $410,454
-
23 · Secured mortgages and notes payable
beginning of year $726,766 · end of year $695,159
-
25 · Other liabilities
beginning of year $1,022,872 · end of year $171,563
-
27 · Net assets without donor restrictions
beginning of year $36,172,255 · end of year $37,364,526
-
28 · Net assets with donor restrictions
beginning of year $63,535,997 · end of year $83,361,203
Mission and programs · 2022
Mission
TO PREPARE AND INSPIRE STUDENTS FOR SUCCESS AND FOR THOUGHTFUL ENGAGEMENT IN THE WORLD.
-
EDUCATION - PROVIDE HIGHER EDUCATION TO STUDENTS.
Expenses $32,579,750 · Grants $13,120,934 · Revenue $27,764,815
As filed on the 2022 return.
Listed in Part VII
-
Mr Chris A WoodMR CHRIS A WOOD
PRESIDENT
- Total calculated
- $276,144
- From this org
- $225,911
- From related orgs
- $0
- Other
- $50,233
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $225,911
- Bonus
- $0
- Other
- $0
- Deferred
- $26,380
- Nontaxable benefits
- $23,853
- Filer's total
- $276,144
-
Mr David E CutlipMR DAVID E CUTLIP
BOARD VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Mr Mark S BarberMR MARK S BARBER
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Mr Reginald Owens SrMR REGINALD OWENS SR
BOARD SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Ms Barbara A PorterMS BARBARA A PORTER
BOARD TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Dr Bijan J GoodarziDR BIJAN J GOODARZI
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr John OchsendorfDR JOHN OCHSENDORF
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Robert G SmithDR ROBERT G SMITH
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mr Adam J OuelletteMR ADAM J OUELLETTE
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mr Barry A GreeneMR BARRY A GREENE
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mr David H MorrisonMR DAVID H MORRISON
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mr Henry M MooreMR HENRY M MOORE
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mr James BialekMR JAMES BIALEK
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mr Leonard J Timms JrMR LEONARD J TIMMS JR
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mr Nathaniel BonnellMR NATHANIEL BONNELL
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mr Paul S StirrupMR PAUL S STIRRUP
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mr Robert E DouglasMR ROBERT E DOUGLAS
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mr William N JohnstonMR WILLIAM N JOHNSTON
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mr William W NuttallMR WILLIAM W NUTTALL
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ms Jennifer GiovannittiMS JENNIFER GIOVANNITTI
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ms Joyce B AllenMS JOYCE B ALLEN
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ms June B MylesMS JUNE B MYLES
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ms Melanie DempseyMS MELANIE DEMPSEY
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ms Nancy Evans-BennettMS NANCY EVANS-BENNETT
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Rev Edward J ThompsonREV EDWARD J THOMPSON
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Rosemary M ThomasROSEMARY M THOMAS
EXECUTIVE VICE PRESIDENT
- Total calculated
- $162,391
- From this org
- $148,084
- From related orgs
- $0
- Other
- $14,307
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $148,084
- Bonus
- $0
- Other
- $0
- Deferred
- $3,763
- Nontaxable benefits
- $10,544
- Filer's total
- $162,391
-
Robert J PhillipsROBERT J PHILLIPS
PROVOST AND VP FOR ACADEMIC AFFAIRS
- Total calculated
- $149,235
- From this org
- $120,164
- From related orgs
- $0
- Other
- $29,071
- Hours/week
- 37.5
-
Scott D GoodardSCOTT D GOODARD
VP FOR INSTITUTIONAL ADVANCEMENT
- Total calculated
- $123,075
- From this org
- $106,106
- From related orgs
- $0
- Other
- $16,969
- Hours/week
- 37.5
-
Robert O HardmanROBERT O HARDMAN
VP FOR BUSINESS & ADMINISTRATION
- Total calculated
- $106,739
- From this org
- $92,870
- From related orgs
- $0
- Other
- $13,869
- Hours/week
- 37.5
-
Patrick M SnivelyPATRICK M SNIVELY
ATHLETIC DIRECTOR
- Total calculated
- $91,248
- From this org
- $77,704
- From related orgs
- $0
- Other
- $13,544
- Hours/week
- 37.5
-
Jamie R JossJAMIE R JOSS
ATHLETIC DIRECTOR
- Total calculated
- $82,677
- From this org
- $67,630
- From related orgs
- $0
- Other
- $15,047
- Hours/week
- 37.5
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 · Housing allowance or residence for personal use
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 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
- THE COLLEGE PROVIDES THE PRESIDENT WITH HOUSING AND A VEHICLE.
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.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 24 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421169349301347
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.