2024-05-14T19:13:39-05:00 2023-06-30 910189318 MOSS ADAMS LLP 3121 W MARCH LN STE 200 STOCKTON CA 952192367 990 2022-07-01 823028605 CLAREMONT INVESTMENT MANAGEMENT COMPANY CLAR 9096218230 500 EAST 9TH STREET CLAREMONT CA 91711 ERIN WATKINS CFO 9096218230 2024-05-13 1 ERIN WATKINS 999009999 1 TRACY S PAGLIA P00366884 2099556100 2024-05-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ERIN WATKINS 500 EAST 9TH STREET CLAREMONT CA 91711 5354565 0 X N/A X 2017 CA TO MANAGE AND INVEST THE ENDOWMENT AND OTHER FUNDS OF THE SUPPORTED ORGANIZATIONS. 12 12 0 12 0 0 0 0 5574100 5354565 0 0 0 0 5574100 5354565 0 0 0 0 0 0 0 0 0 5574100 5354565 5574100 5354565 0 0 1000 1000 0 0 1000 1000 TO MANAGE, SUPERVISE, OVERSEE AND INVEST ENDOWMENT AND OTHER FUNDS OF THE SUPPORTED ORGANIZATIONS. 0 0 5354565 0 5354565 MANAGEMENT OF INVESTMENT ENDOWMENT AND OTHER FUNDS OF SUPPORTED ORGANIZATIONS. 5354565 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X ERIN WATKINS 9096218230 500 EAST 9TH STREET CLAREMONT CA 91711 JAMES FLOYD PRESIDENT AND CEO 40.00 2.00 X 0 753750 84608 ANDREW DORANTES FORMER VICE PRESIDENT 0.00 50.00 X 0 410137 92852 MICHAEL DENNY VICE PRESIDENT AND DEPUTY CIO 40.00 2.00 X 0 382500 72306 MATTHEW BIBBENS SECRETARY 1.00 41.00 X 0 350087 71296 ERIN WATKINS CFO 1.00 41.00 X 0 286000 45711 ABBOTT BROWN CO-CHAIR 1.00 1.00 X X 0 0 0 MICHAEL LARSON CO-CHAIR 1.00 1.00 X X 0 0 0 TINA DANIELS VICE-CHAIR 1.00 1.00 X 0 0 0 PETER K BARKER DIRECTOR 1.00 1.00 X 0 0 0 ROBERT A DAY DIRECTOR 1.00 1.00 X 0 0 0 MATTHEW FERRI DIRECTOR 1.00 2.00 X 0 0 0 SHAMIT GROVER DIRECTOR 1.00 2.00 X 0 0 0 MAR HERSHENSON DIRECTOR 1.00 0.00 X 0 0 0 JAMES B MCELWEE DIRECTOR 1.00 1.00 X 0 0 0 HARRY T MCMAHON DIRECTOR 1.00 2.00 X 0 0 0 G JEFFREY RECORDS JR DIRECTOR 1.00 1.00 X 0 0 0 CHRISTOPHER V WALKER DIRECTOR 1.00 1.00 X 0 0 0 0 2182474 366773 0 1 1 0 CLAREMONT MCKENNA COLLEGE 500 E NINTH STREET CLAREMONT CA 91711 EXPENSE REIMBURSEMENT 5354565 1 MANAGEMENT FEE INCOME 541610 5354565 5354565 5354565 5354565 5354565 0 0 5354565 5354565 5354565 5354565 0 0 1000 1000 1000 1000 0 0 X 1000 1000 1000 1000 1000 1000 0 0 X 0 1 X 1 0 X X 2 CLAREMONT MCKENNA COLLEGE 951664101 2 1 0 0 HARVEY MUDD COLLEGE 951911219 2 0 0 0 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 PART IV, SECTION A, LINE 1: PER THE ARTICLES OF INCORPORATION, CLAREMONT INVESTMENT MANAGEMENT COMPANY IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF CLAREMONT MCKENNA COLLEGE AND THOSE MEMBERS OF THE CLAREMONT COLLEGES THAT ARE DESCRIBED IN SECTION 509(A)(1) OR 509(A)(2) OF THE CODE AND THAT MAY BE APPROVED BY THE BOARD OF DIRECTORS AND CLAREMONT MCKENNA COLLEGE FROM TIME TO TIME. PART IV, SECTION B, LINE 2: PER SECTION 4 OF THE BYLAWS, CLAREMONT MCKENNA COLLEGE SHALL BE ENTITLED TO APPOINT ALL THE DIRECTORS OF THE CORPORATION. CLAREMONT MCKENNA COLLEGE, IN ITS SOLE DISCRETION, MAY CONSIDER NOMINATIONS FOR CANDIDATES TO SERVE ON THE BOARD OF DIRECTORS PROVIDED BY ONE OR MORE OTHER SUPPORTED ORGANIZATIONS OF THE CORPORATION. THEREFORE, HARVEY MUDD COLLEGE HAS THE POWER TO NOMINATE CANDIDATES TO SERVE ON THE BOARD OF DIRECTORS, BUT THE APPOINTMENT MUST BE APPROVED BY CLAREMONT MCKENNA COLLEGE. 0 X PART X, LINE 2: THE COLLEGE HAD NO UNRECOGNIZED TAX BENEFITS AND/OR OBLIGATIONS OR UNCERTAIN TAX POSITIONS AT JUNE 30, 2023 AND 2022. 0 0 0 0 0 0 0 0 0 JAMES FLOYD PRESIDENT AND CEO 0 600000 0 153500 0 250 0 54160 0 30448 0 838358 0 0 ANDREW DORANTES FORMER VICE PRESIDENT 0 410137 0 0 0 0 0 36600 0 56252 0 502989 0 0 MICHAEL DENNY VICE PRESIDENT AND DEPUTY CIO 0 307500 0 75000 0 0 0 54160 0 18146 0 454806 0 0 MATTHEW BIBBENS SECRETARY 0 326587 0 23500 0 0 0 54160 0 17136 0 421383 0 0 ERIN WATKINS CFO 0 257500 0 28500 0 0 0 28457 0 17254 0 331711 0 0 PART I, LINE 3 A RELATED ORGANIZATION SET THE COMPENSATION OF THE TOP FINANCIAL OFFICIAL USING ONE OR MORE METHODS DESCRIBED ON SCHEDULE J, PART I, LINE 3. FORM 990, PART VI, SECTION A, LINE 3 CLAREMONT MCKENNA COLLEGE PROVIDES MANAGEMENT SERVICES TO CLAREMONT INVESTMENT MANAGEMENT COMPANY. THE OFFICERS OF CLAREMONT INVESTMENT MANAGEMENT COMPANY ARE PAID AND EMPLOYED BY CLAREMONT MCKENNA COLLEGE. THE COMPENSATION PAID TO THE OFFICERS FOR SERVICES PROVIDED TO THE FILING AND RELATED ORGANIZATIONS IS LISTED ON FORM 990, PART VII, SECTION A. FORM 990, PART VI, SECTION A, LINE 7A CLAREMONT MCKENNA COLLEGE SHALL BE ENTITLED TO APPOINT ALL THE DIRECTORS OF THE CORPORATION. CLAREMONT MCKENNA COLLEGE, IN ITS SOLE DISCRETION, MAY CONSIDER NOMINATIONS FOR CANDIDATES TO SERVE ON THE BOARD OF DIRECTORS PROVIDED BY ONE OR MORE OTHER SUPPORTED ORGANIZATIONS OF THE CORPORATION. THEREFORE, HARVEY MUDD COLLEGE HAS THE POWER TO NOMINATE CANDIDATES TO SERVE ON THE BOARD OF DIRECTORS, BUT THE APPOINTMENT MUST BE APPROVED BY CLAREMONT MCKENNA COLLEGE. FORM 990, PART VI, SECTION B, LINE 11B CIMC UTILIZES A PROCESS FOR REVIEW OF IRS FORM 990 THAT INVOLVES MULTIPLE LAYERS OF MANAGEMENT, AS WELL AS GOVERNING BOARD MEMBERS. CIMC HAS ENGAGED AN OUTSIDE ACCOUNTING FIRM TO PREPARE THE 990 USING INFORMATION PROVIDED BY MANAGEMENT AND THE CLAREMONT COLLEGES SERVICES' OFFICE OF FINANCIAL SERVICES. ONCE A DRAFT HAS BEEN PREPARED, IT IS REVIEWED BY INDIVIDUALS IN THE OFFICE OF FINANCIAL SERVICES AND MEMBERS OF MANAGEMENT OF CIMC. ONCE THE COMMENTS ARE ANSWERED AND ANY ISSUES RESOLVED, THE 990 IS PROVIDED TO ALL VOTING MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY SIGN AND SUBMIT TO THE CFO A STATEMENT DISCLOSING ALL MATERIAL FINANCIAL INTERESTS OF THE INDIVIDUAL OR IMMEDIATE FAMILY MEMBERS IN ANY OUTSIDE ENTITY IN WHICH THE ORGANIZATION HAS OR IS CONSIDERING A TRANSACTION OR OTHER BUSINESS RELATIONSHIP. THE CFO CREATES A SUMMARY REPORT OF THESE AND ANY OTHER KNOWN CONFLICT OF INTEREST DISCLOSURES FOR REVIEW BY THE AUDIT COMMITTEE. ALL TRANSACTIONS IN WHICH THE AUDIT COMMITTEE HAS DETERMINED THAT A CONFLICT EXISTS ARE APPROVED OR RATIFIED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 CORPORATE OFFICER AND KEY EMPLOYEE COMPENSATION DETERMINATION IS PERFORMED ON AN ANNUAL BASIS BY A RELATED ORGANIZATION AND INCLUDES THE FOLLOWING ELEMENTS: 1) USE OF DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS, 2) REVIEW OF COMPARABLE COMPENSATION DATA AND APPROVAL OF COMPENSATION ARRANGEMENTS BY A COMPENSATION SUBCOMMITTEE OF THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS, AND 3) CONTEMPORANEOUS DOCUMENTATION WITH RESPECT TO DELIBERATIONS AND DECISIONS REGARDING COMPENSATION ARRANGEMENTS. DATA AS TO COMPARABLE COMPENSATION IS DERIVED FROM ONE OR MORE OF THE FOLLOWING SOURCES: A) INFORMATION COMPILED FROM IRS FORM 990 REPORTS, B) OTHER REGIONAL OR NATIONAL COMPENSATION SURVEYS, INCLUDING AN ANNUAL COMPENSATION SURVEY PUBLISHED BY THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES, AND C) EXTERNAL CONSULTANT SURVEYS AND/OR DATABASES, INCLUDING PREVAILING MARKET COMPENSATION FOR SIMILAR ADMINISTRATIVE POSITIONS IN THE GREATER LOS ANGELES AREA. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. CLAREMONT MCKENNA COLLEGE 500 E 9TH STREET CLAREMONT CA 91711 951664101 EDUCATION CA 501(C)(3) LINE 2 N/A 0 HARVEY MUDD COLLEGE 301 PLATT BLVD CLAREMONT CA 91711 951911219 EDUCATION CA 501(C)(3) LINE 2 N/A 0 CLAREMONT MCKENNA COLLEGE FOUNDATION 500 E 9TH STREET CLAREMONT CA 91711 330735781 SUPPORTING ORGANIZATION CA 501(C)(3) 12A, TYPE 1 CLAREMONT MCKENNA COLLEGE 0 CHILDREN'S EDUCATION CENTER OF CLAREMONT 500 E 9TH STREET CLAREMONT CA 91711 954508952 PRESCHOOL AND ELEMENTARY SCHOOL CA 501(C)(3) LINE 2 CLAREMONT MCKENNA COLLEGE 0 CLAREMONT INVESTMENT FUND 500 E 9TH STREET CLAREMONT CA 91711 823049880 SUPPORTING ORGANIZATION CA 501(C)(3) 12A, TYPE 1 CLAREMONT MCKENNA COLLEGE 0 CLAREMONT MCKENNA COLLEGE ALUMNI ASSOCIATION 400 NORTH CLAREMONT BOULEVARD CLAREMONT CA 91711 956092792 SUPPORTING ORGANIZATION CA 501(C)(3) PF CLAREMONT MCKENNA COLLEGE 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 0 0