Totals
- Total revenue
- $10,185,646
- Total expenses
- $11,498,737
- Contributions and grants received
- $762,313
- Grants paid
- $0
- Program service revenue
- $8,708,722
- Investment income
- $714,611
- Other revenue
- $0
- Total assets, end of year
- $35,078,948
- Total liabilities, end of year
- $7,272,350
- Net assets or fund balances, end of year
- $27,806,598
- Program services expenses (Part IX)
- $9,253,045
- Management and general expenses
- $2,086,010
- Fundraising expenses
- $159,682
- Program service expenses (Part III)
- $9,253,045
Program services were 80.5% 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)
$268,662
-
1f · All other contributions, gifts and grants
$493,651
-
2a · Program service revenue: ASSESSMENTS TO ASSOCIATED INSTITU
total $8,261,349 · related or exempt $8,261,349
-
2b · Program service revenue: OTHER REVENUE
total $447,373 · related or exempt $343,232 · unrelated business $104,141
-
3 · Investment income
total $714,611 · excluded $714,611
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $680,499 · management and general $680,499
-
7 · Other salaries and wages
total $2,432,045 · program services $1,588,352 · management and general $722,090 · fundraising $121,603
-
8 · Pension plan contributions
total $216,123 · program services $131,956 · management and general $72,007 · fundraising $12,160
-
9 · Other employee benefits
total $340,098 · program services $210,300 · management and general $120,070 · fundraising $9,728
-
10 · Payroll taxes
total $231,088 · program services $123,412 · management and general $93,084 · fundraising $14,592
-
11b · Fees: legal
total $12,976 · program services $12,886 · management and general $90
-
11c · Fees: accounting
total $30,777 · program services $536 · management and general $30,241
-
11f · Fees: investment management
total $49,128 · management and general $49,128
-
11g · Fees: other
total $436,325 · program services $424,339 · management and general $11,986
-
12 · Advertising and promotion
total $27,739 · program services $23,814 · management and general $3,925
-
13 · Office expenses
total $488,206 · program services $427,606 · management and general $60,600
-
14 · Information technology
total $638,627 · program services $555,011 · management and general $83,616
-
16 · Occupancy
total $397,141 · program services $361,983 · management and general $35,158
-
17 · Travel
total $341,313 · program services $322,097 · management and general $19,216
-
19 · Conferences, conventions and meetings
total $116,259 · program services $94,751 · management and general $21,508
-
20 · Interest
total $185,325 · program services $185,325
-
22 · Depreciation, depletion and amortization
total $583,032 · program services $576,493 · management and general $6,539
-
23 · Insurance
total $83,440 · program services $26,233 · management and general $57,207
-
24a · Other expenses: JOINT APPTS & STIPENDS
total $3,031,677 · program services $3,031,677
-
24b · Other expenses: PVTA
total $740,345 · program services $740,345
-
24c · Other expenses: PROGRAM EXPENSES
total $394,277 · program services $394,277
-
24d · Other expenses: MEMBERSHIPS & SUBSCRIPT
total $24,416 · program services $13,163 · management and general $9,654 · fundraising $1,599
-
24e · All other expenses
total $17,881 · program services $8,489 · management and general $9,392
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,566,929 · end of year $1,839,618
-
2 · Savings and temporary cash investments
beginning of year $3,388,638 · end of year $3,026,300
-
3 · Pledges and grants receivable
beginning of year $42,605 · end of year $43,483
-
4 · Accounts receivable
beginning of year $406,629 · end of year $139,212
-
10a · Land, buildings and equipment: cost or other basis
$16,687,194
-
10b · Land, buildings and equipment: accumulated depreciation
$8,539,038
-
10c · Land, buildings and equipment, net
beginning of year $8,720,165 · end of year $8,148,156
-
11 · Investments: publicly traded securities
beginning of year $20,068,776 · end of year $21,882,179
-
12 · Investments: other securities
beginning of year $297
-
17 · Accounts payable and accrued expenses
beginning of year $2,156,075 · end of year $2,011,000
-
19 · Deferred revenue
beginning of year $926,469 · end of year $716,948
-
20 · Tax-exempt bond liabilities
beginning of year $5,015,832 · end of year $4,544,402
-
27 · Net assets without donor restrictions
beginning of year $6,608,668 · end of year $6,656,679
-
28 · Net assets with donor restrictions
beginning of year $20,486,995 · end of year $21,149,919
Mission and programs · 2024
Mission
TO PROMOTE THE BROAD EDUCATIONAL AND CULTURAL OBJECTIVES OF THE AFFILIATED INSTITUTIONS OF AMHERST, SMITH, HAMPSHIRE AND MOUNT HOLYOKE COLLEGES AND UNIVERSITY OF MASSACHUSETTS AMHERST BY ENCOURAGING COOPERATION, PROMOTING OPPORTUNITIES FOR JOINT EDUCATION AND ADMINISTRATION.
Activities or mission (Part I)
EDUCATIONAL CONSORTIUM TO SUSTAIN AND ENRICH THE EXCELLENCE OF ITS MEMBERS-AMHERST, HAMPSHIRE, MOUNT HOLYOKE, AND SMITH COLLEGES AND THE UNIVERSITY OF MASSACHUSETTS AMHERST-THROUGH ACADEMIC AND ADMINISTRATIVE COLLABORATION. THE CONSORTIUM FACILITATES INTELLECTUAL COMMUNITIES AND BROAD CURRICULAR AND CO-CURRICULAR OFFERINGS, AFFORDING LEARNING, RESEARCH, PERFORMANCE, AND SOCIAL OPPORTUNITIES THAT COMPLEMENT THE DISTINCTIVE QUALITIES OF EACH INSTITUTION.
-
PROVIDES COOPERATIVE PROGRAMS SUCH AS STUDENT INTERCHANGE, LIBRARY DEPOSITORY AND OPEN BORROWING AGREEMENTS, JOINT CURRICULAR PROGRAMS, AND JOINT ADMINISTRATIVE PROGRAMS FOR THE FIVE MEMBER INSTITUTIONS (30,000 STUDENTS & FACULTY).
Expenses $5,851,634 · Revenue $5,942,368
-
OPERATION OF FIBER OPTIC NETWORK TO CONNECT THE FIVE CAMPUSES WITH HIGH-SPEED BROADBAND INTERNET ACCESS (30,000 STUDENTS & FACULTY SERVED).
Expenses $335,902 · Revenue $114,676
-
JOINT FACULTY APPOINTMENTS AND DEVELOPMENT (30,000 STUDENTS & FACULTY SERVED).
Expenses $2,325,164 · Revenue $1,905,333
-
STUDENT SERVICES PROGRAMS: THE OPERATION OF A FARE-FREE BUS & VAN SYSTEM RUN BY PVTA (990 PART IX LINE 24B) THAT CARRIES OVER 1,000,000 PASSENGERS ANNUALLY. THIS PRIMARILY BENEFITS STUDENTS AND FACULTY OF MEMBER INSTITUTIONS (1,000,000 RIDERS)
Expenses $740,345 · Revenue $746,345
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Michael ElliotMICHAEL ELLIOT
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Danielle Ren HolleyDANIELLE REN HOLLEY
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Sarah Willie-LebretonSARAH WILLIE-LEBRETON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Javier ReyesJAVIER REYES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Edward WingebachEDWARD WINGEBACH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sarah PfatteicherSARAH PFATTEICHER
EXECUTIVE DIRECTOR/CLERK
- Total calculated
- $374,197
- From this org
- $324,607
- From related orgs
- $0
- Other
- $49,590
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $324,607
- Bonus
- $0
- Other
- $0
- Deferred
- $32,448
- Nontaxable benefits
- $17,142
- Filer's total
- $374,197
-
Yvette MorneauYVETTE MORNEAU
TREASURER
- Total calculated
- $183,081
- From this org
- $154,294
- From related orgs
- $0
- Other
- $28,787
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $154,294
- Bonus
- $0
- Other
- $0
- Deferred
- $15,432
- Nontaxable benefits
- $13,355
- Filer's total
- $183,081
-
Lashonda PettifordLASHONDA PETTIFORD
ASSISTANT TREASURER
- Total calculated
- $141,145
- From this org
- $120,732
- From related orgs
- $0
- Other
- $20,413
- Hours/week
- 40
-
Ruth RaulukRUTH RAULUK
DIRECTOR OF RISK MANAGMENT
- Total calculated
- $163,875
- From this org
- $136,009
- From related orgs
- $0
- Other
- $27,866
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $136,009
- Bonus
- $0
- Other
- $0
- Deferred
- $13,385
- Nontaxable benefits
- $14,481
- Filer's total
- $163,875
-
Raymond RennardRAYMOND RENNARD
DIRECTOR OF ACADEMIC PROGRAMS
- Total calculated
- $143,430
- From this org
- $126,525
- From related orgs
- $0
- Other
- $16,905
- Hours/week
- 40
-
Thomas BrennanTHOMAS BRENNAN
DIRECTOR OF INFORMATION TECHNOLOGY
- Total calculated
- $156,998
- From this org
- $123,197
- From related orgs
- $0
- Other
- $33,801
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $123,197
- Bonus
- $0
- Other
- $0
- Deferred
- $12,971
- Nontaxable benefits
- $20,830
- Filer's total
- $156,998
-
Ina ClarkINA CLARK
DIR. OF DEV. & SPONSORED PROGRAMS
- Total calculated
- $129,790
- From this org
- $108,544
- From related orgs
- $0
- Other
- $21,246
- Hours/week
- 40
-
Anne PrescottANNE PRESCOTT
DIRECTOR, FCC FOR EAST ASIAN STUDIES
- Total calculated
- $126,094
- From this org
- $105,979
- From related orgs
- $0
- Other
- $20,115
- Hours/week
- 40
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
- 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)
- PART I, LINE 3
- THE BOARD OF DIRECTORS ANNUALLY EVALUATES THE EXECUTIVE DIRECTOR'S PERFORMANCE AND DETERMINES AN APPROPRIATE COMPENSATION. THE PRIMARY SOURCE TO COMPARE DATA IS THE CHRONICLE OF HIGHER EDUCATION COMPENSATION INFORMATION FOR SENIOR ADMINISTRATORS AND THE SALARY SURVEY OF LEADING CONSORTIA.
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.
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.
-
FIVE COLLEGE NET LLC
FIBER OPTIC NETWORK · MA · income $114,676 · assets $786,378
Directly controlled by FIVE COLLEGES INCORPORATED
-
COLLEGIATE CATALYST FUND LLC
SPONSORED CAPTIVE INSURANCE COMPANY · VT · income $23,231 · assets $191,504
Directly controlled by FIVE COLLEGES INCORPORATED
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 29 April 2026
- IRS schema version
- 2024v5.5
- Source object
- 202621209349301102
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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