Totals
- Total revenue
- $101,468,125
- Total expenses
- $128,158,814
- Contributions and grants received
- $7,774,643
- Grants paid
- $56,305,187
- Program service revenue
- $86,422,053
- Investment income
- $6,138,864
- Other revenue
- $1,132,565
- Total assets, end of year
- $226,480,182
- Total liabilities, end of year
- $67,452,905
- Net assets or fund balances, end of year
- $159,027,277
- Program services expenses (Part IX)
- $114,001,160
- Management and general expenses
- $11,218,962
- Fundraising expenses
- $2,938,692
- Program service expenses (Part III)
- $114,001,160
Program services were 89.0% 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)
$1,209,689
-
1f · All other contributions, gifts and grants
$6,564,954
-
1g · Noncash contributions included above
$535,445
-
2a · Program service revenue: TUITION AND FEES
total $71,135,424 · related or exempt $71,135,424
-
2b · Program service revenue: RESIDENCE HALLS
total $7,878,560 · related or exempt $7,878,560
-
2c · Program service revenue: DINING SERVICES
total $6,618,258 · related or exempt $6,618,258
-
2d · Program service revenue: AUXILIARY REVENUE
total $789,811 · related or exempt $789,811
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $3,730,913 · unrelated business $76,981 · excluded $3,653,932
-
6a · Gross rents
real property $50,745
-
6c · Rental income or loss
real property $50,745 · personal property $0
-
6d · Net rental income or loss
total $50,745 · excluded $50,745
-
7a · Gross sales of assets other than inventory
securities $54,001,929 · other assets $1,319,253
-
7b · Less cost or other basis and sales expenses
securities $50,760,247 · other assets $2,152,984
-
7c · Gain or loss
securities $3,241,682 · other assets -$833,731
-
7d · Net gain or loss
total $2,407,951 · excluded $2,407,951
-
9a · Gaming: gross income
$47,831
-
9b · Gaming: direct expenses
$5,153
-
9c · Net income from gaming
total $42,678 · excluded $42,678
-
11a · Other revenue: OTHER
total $1,021,142 · excluded $1,021,142
-
11b · Other revenue: FARM INCOME
total $18,000 · excluded $18,000
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$1,039,142
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $56,305,187 · program services $56,305,187
-
5 · Compensation of officers, directors and key employees
total $1,175,033 · program services $783,355 · management and general $391,678
-
7 · Other salaries and wages
total $24,622,709 · program services $21,150,412 · management and general $1,917,557 · fundraising $1,554,740
-
8 · Pension plan contributions
total $1,336,114 · program services $1,122,888 · management and general $137,006 · fundraising $76,220
-
9 · Other employee benefits
total $5,287,665 · program services $4,443,823 · management and general $542,199 · fundraising $301,643
-
10 · Payroll taxes
total $1,770,375 · program services $1,487,846 · management and general $181,535 · fundraising $100,994
-
11b · Fees: legal
total $1,117,538 · management and general $1,117,538
-
11c · Fees: accounting
total $198,450 · management and general $198,450
-
11f · Fees: investment management
total $153,000 · management and general $153,000
-
11g · Fees: other
total $4,595,204 · program services $3,289,356 · management and general $1,065,601 · fundraising $240,247
-
12 · Advertising and promotion
total $80,101 · program services $10,072 · management and general $68,672 · fundraising $1,357
-
13 · Office expenses
total $3,259,433 · program services $3,006,893 · management and general $200,660 · fundraising $51,880
-
14 · Information technology
total $1,094,490 · program services $752,969 · management and general $206,243 · fundraising $135,278
-
16 · Occupancy
total $4,758,292 · program services $4,389,621 · management and general $292,934 · fundraising $75,737
-
17 · Travel
total $1,927,836 · program services $1,793,733 · management and general $86,923 · fundraising $47,180
-
19 · Conferences, conventions and meetings
total $655,128 · program services $604,369 · management and general $40,331 · fundraising $10,428
-
20 · Interest
total $3,119,430 · program services $392,235 · management and general $2,674,333 · fundraising $52,862
-
22 · Depreciation, depletion and amortization
total $4,846,856 · program services $4,259,410 · management and general $587,446
-
23 · Insurance
total $1,312,923 · program services $20,468 · management and general $1,291,661 · fundraising $794
-
24a · Other expenses: Food
total $5,451,768 · program services $5,184,858 · management and general $49,083 · fundraising $217,827
-
24b · Other expenses: Bad Debt Expense
total $3,301,604 · program services $3,301,604
-
24c · Other expenses: Miscellaneous
total $1,789,678 · program services $1,702,061 · management and general $16,112 · fundraising $71,505
-
24e · All other expenses
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $0 · end of year $0
-
2 · Savings and temporary cash investments
beginning of year $5,934,577 · end of year $3,220,207
-
3 · Pledges and grants receivable
beginning of year $982,006 · end of year $0
-
4 · Accounts receivable
beginning of year $5,082,116 · end of year $3,359,322
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $1,273,010 · end of year $666,344
-
8 · Inventories for sale or use
beginning of year $1,250 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $1,410,160 · end of year $336,871
-
10a · Land, buildings and equipment: cost or other basis
$228,770,019
-
10b · Land, buildings and equipment: accumulated depreciation
$139,221,929
-
10c · Land, buildings and equipment, net
beginning of year $92,914,317 · end of year $89,548,090
-
11 · Investments: publicly traded securities
beginning of year $65,918,548 · end of year $48,833,417
-
12 · Investments: other securities
beginning of year $86,080,500 · end of year $78,110,331
-
13 · Investments: program-related
beginning of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $2,274,620 · end of year $2,405,600
-
17 · Accounts payable and accrued expenses
beginning of year $4,558,012 · end of year $4,933,779
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $312,775 · end of year $482,255
-
20 · Tax-exempt bond liabilities
beginning of year $58,029,313 · end of year $52,004,892
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $9,000,000 · end of year $8,650,000
-
25 · Other liabilities
beginning of year $1,585,478 · end of year $1,381,979
-
27 · Net assets without donor restrictions
beginning of year $17,737,300 · end of year $26,896,282
-
28 · Net assets with donor restrictions
beginning of year $170,648,226 · end of year $132,130,995
Mission and programs · 2024
Mission
ALBION COLLEGE IS AN UNDERGRADUATE, LIBERAL ARTS INSTITUTION COMMITTED TO ACADEMIC EXCELLENCE. WE ARE LEARNING-CENTERED AND RECOGNIZE THAT VALUABLE LEARNING TAKES PLACE IN AND OUTSIDE OF THE CLASSROOM, ON AND OFF THE CAMPUS.
-
INSTRUCTIONAL - ALBION COLLEGE IS A PRIVATE, SELECTIVE, COEDUCATIONAL, RESIDENTIAL INSTITUTION OF HIGHER EDUCATION AFFILIATED WITH THE UNITED METHODIST CHURCH, BUT NON-SECTARIAN IN PRACTICE. THE COLLEGE PRINCIPALLY OFFERS ACADEMIC COURSES AND PROGRAMS LEADING TO A BACHELORS DEGREE IN LIBERAL ARTS. APPROXIMATELY 1,322 STUDENTS ARE ENROLLED IN THE COLLEGE.
Expenses $103,956,543 · Grants $56,305,187 · Revenue $71,135,424
-
AUXILIARY - DINING SERVICES - ALBION COLLEGE IS A RESIDENTIAL INSTITUTION AND THE PRIMARY FUNCTION OF THE DINING AND HOSPITALITY SERVICES, MANAGED BY METZ MANAGEMENT COMPANY, IS TO PROVIDE FOOD FOR OUR STUDENTS, FACULTY, STAFF, AND GUESTS. WE STRIVE TO PROVIDE A WIDE SELECTION OF HIGH QUALITY PRODUCTS AND SERVICES THROUGH A VARIETY OF EXPERIENCES. THESE EXPERIENCES REFLECT OUR COMMITMENT TO BEING RESPONSIVE TO THE CHANGING NEEDS AND DESIRES OF OUR DIVERSE AUDIENCE. OPERATIONS INCLUDE AN ALL-YOU-CAN-EAT DINING HALL, QUICK-SERVE RESTAURANT, A COFFEE SHOP, LODGING, CATERING SERVICES, FACULTY/STAFF LUNCH BUFFET AND CONFERENCE AND EVENT SERVICES.
Expenses $6,574,013 · Revenue $6,618,258
-
AUXILIARY - RESIDENCE HALLS - ALBION COLLEGE IS A COLLEGE COMMUNITY INSTITUTION THAT EMPHASIZES COMMUNITY AND INCLUSION THROUGH EDUCATION IN AND OUT OF THE CLASSROOM. ALBION COLLEGE STRIVES TO PROVIDE OUR STUDENTS WITH QUALITY HOUSING THAT ENHANCES A STUDENT'S LEARNING EXPERIENCE.
Expenses $1,322,392 · Revenue $7,878,560
-
VARIOUS OTHER PROGRAM SERVICES RELATING TO THE ORGANIZATION'S MISSION. (KELLOGG CTR, CONF SERVICES, EQUESTRIAN CTR, W&G ROOM RENTAL)
Expenses $2,148,212 · Revenue $789,811
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Wayne Webster
College President, Trustee
- Total calculated
- $494,050
- From this org
- $428,401
- From related orgs
- $0
- Other
- $65,649
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $428,401
- Bonus
- $0
- Other
- $0
- Deferred
- $46,000
- Nontaxable benefits
- $19,649
- Filer's total
- $494,050
-
Allison Maki
Trustee
- Total calculated
- $0
- Hours/week
- 3.5
-
Austin Baidas
Chair, Governance Recruiting Committee
- Total calculated
- $0
- Hours/week
- 3.5
-
Brad Coulter
Trustee
- Total calculated
- $0
- Hours/week
- 3.5
-
Brian McPheely
Co-Chair, People and Talent Committee
- Total calculated
- $0
- Hours/week
- 3.5
-
David Bard
Trustee
- Total calculated
- $0
- Hours/week
- 3.5
-
Jessica Thomas
Chair, Audit Committee
- Total calculated
- $0
- Hours/week
- 3.5
-
Joey Miller
Board Chair
- Total calculated
- $0
- Hours/week
- 3.5
-
Josh Green
Trustee
- Total calculated
- $0
- Hours/week
- 3.5
-
Justin Huttenlocher
Trustee
- Total calculated
- $0
- Hours/week
- 3.5
-
Karen Pifer
Trustee
- Total calculated
- $0
- Hours/week
- 3.5
-
Keith James
Trustee
- Total calculated
- $0
- Hours/week
- 3.5
-
Keith Roberts
Chair, Finance Committee
- Total calculated
- $0
- Hours/week
- 3.5
-
Larry Schook
Trustee
- Total calculated
- $0
- Hours/week
- 3.5
-
Mae Ola Dunklin
Chair, MIssion and Student Succcess Committee
- Total calculated
- $0
- Hours/week
- 3.5
-
Michael Williams
Trustee
- Total calculated
- $0
- Hours/week
- 3.5
-
Paul Huth
Trustee
- Total calculated
- $0
- Hours/week
- 3.5
-
Rodney Mitchell
Trustee
- Total calculated
- $0
- Hours/week
- 3.5
-
Tim Wyman
Chair, Investment Committee
- Total calculated
- $0
- Hours/week
- 3.5
-
Amy L Routhier
VP of Institutional Advancement
- Total calculated
- $203,562
- From this org
- $178,823
- From related orgs
- $0
- Other
- $24,739
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $178,823
- Bonus
- $0
- Other
- $0
- Deferred
- $24,000
- Nontaxable benefits
- $739
- Filer's total
- $203,562
-
Dan Valles
VP of Finance & Administration (START 10/24)
- Total calculated
- $46,392
- From this org
- $43,537
- From related orgs
- $0
- Other
- $2,855
- Hours/week
- 40
-
Leroy Wright
VP of Student Development
- Total calculated
- $230,774
- From this org
- $198,851
- From related orgs
- $0
- Other
- $31,923
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $198,851
- Bonus
- $0
- Other
- $0
- Deferred
- $24,000
- Nontaxable benefits
- $7,923
- Filer's total
- $230,774
-
Melissa K Anderson
VP of Marketing & Communication
- Total calculated
- $248,945
- From this org
- $201,735
- From related orgs
- $0
- Other
- $47,210
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $201,735
- Bonus
- $0
- Other
- $0
- Deferred
- $38,600
- Nontaxable benefits
- $8,610
- Filer's total
- $248,945
-
Michael F Fox LEFT 1024
VP of Finance
- Total calculated
- $199,238
- From this org
- $163,235
- From related orgs
- $0
- Other
- $36,003
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $163,235
- Bonus
- $0
- Other
- $0
- Deferred
- $30,800
- Nontaxable benefits
- $5,203
- Filer's total
- $199,238
-
Taran L McZee
VP of Belonging & Culture
- Total calculated
- $149,872
- From this org
- $131,881
- From related orgs
- $0
- Other
- $17,991
- Hours/week
- 40
-
Amanda M Dubiel
VP of Enrollment
- Total calculated
- $200,066
- From this org
- $168,800
- From related orgs
- $0
- Other
- $31,266
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $168,800
- Bonus
- $0
- Other
- $0
- Deferred
- $22,800
- Nontaxable benefits
- $8,466
- Filer's total
- $200,066
-
Connie L O'Brien
Assoc. Professor of Econ & Mgmt
- Total calculated
- $156,491
- From this org
- $118,236
- From related orgs
- $0
- Other
- $38,255
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $118,236
- Bonus
- $0
- Other
- $0
- Deferred
- $30,000
- Nontaxable benefits
- $8,255
- Filer's total
- $156,491
-
Heather Hayes Betz
Assc Provost & Professor of Kenesiology
- Total calculated
- $136,472
- From this org
- $110,248
- From related orgs
- $0
- Other
- $26,224
- Hours/week
- 40
-
Lisa B Lewis
Provost
- Total calculated
- $217,201
- From this org
- $190,164
- From related orgs
- $0
- Other
- $27,037
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $190,164
- Bonus
- $0
- Other
- $0
- Deferred
- $26,250
- Nontaxable benefits
- $787
- Filer's total
- $217,201
-
Vicki L Baker
Director of AC3, Econ & Mgmt Professor
- Total calculated
- $176,457
- From this org
- $153,109
- From related orgs
- $0
- Other
- $23,348
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $153,109
- Bonus
- $0
- Other
- $0
- Deferred
- $15,600
- Nontaxable benefits
- $7,748
- Filer's total
- $176,457
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
- 1a · Personal services (maid, chauffeur, chef)
- 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
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)
- Schedule J, Part I, Line 1a Housing allowance or residence for personal use
- THE PRESIDENT IS REQUIRED TO LIVE ON CAMPUS AS A CONDITION OF EMPLOYMENT. THIS IS NOT TREATED AS A TAXABLE BENEFIT.
- Schedule J, Part I, Line 1a Personal services
- THE PRESIDENT RECEIVES HOUSEKEEPING SERVICES BECAUSE OF SCHOOL RELATED FUNCTIONS CONDUCTED IN THE RESIDENCE. THIS IS NOT TREATED AS A TAXABLE BENEFIT.
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.
-
501(c)(2) · Real Estate Holding · MI · controlled entity
Directly controlled by Albion 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.
-
Briton Investments LLC
Real Estate Holding · MI · income $0 · assets $489,168
Directly controlled by Albion College
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
DOWNTOWN ALBION HOTEL
Related · Hotel · MI · 90% owned · share of income -$597,385 · share of assets $6,395,609
Directly controlled by Albion College
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
Briton Acres INC
C Corporation · Real Estate Holding · MI · 100% owned · share of income $0 · share of assets $0 · controlled entity
Directly controlled by Albion College
-
WG Construction Services LLC
C Corporation · Construction · MI · 100% owned · share of income -$162,017 · share of assets $153,074 · controlled entity
Directly controlled by Albion College
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 11 May 2026
- IRS schema version
- 2024v5.1
- Source object
- 202611319349301811
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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