2024-05-15T14:33:04-05:00 2023-06-30 381357951 PLANTE & MORAN PLLC 750 TRADE CENTRE WAY STE 300 PORTAGE MI 49002 990 2022-07-01 382025320 COLCHESTER PROPERTIES INC C/O ALBION COLLEGE COLC 5176290540 611 EAST PORTER STREET ALBION MI 49224 W SCOTT ROBERTS CONTROLLER 5176290289 2024-05-14 1 W SCOTT ROBERTS 999009999 1 AMY CIMINELLO P00796388 2695674500 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z W SCOTT ROBERTS 611 EAST PORTER STREET ALBION MI 49224 128607 0 X N/A X 1972 MI 501(C)(2) COLCHESTER PROPERTIES, INC. IS A REAL ESTATE HOLDING COMPANY FOR ALBION COLLEGE. ITS PURPOSE IS TO ACQUIRE PROPERTY ADJACENT TO ALBION COLLEGE PROPERTY FOR POSSIBLE FUTURE DEVELOPMENT AND EXPANSION OF THE COLLEGE. HELD PROPERTIES, IF POSSIBLE, ARE RENTED TO MEMBERS OF THE COMMUNITY, IF NOT SUITABLE THE STRUCTURES ARE RAZED AND HELD AS VACANT LAND. 3 0 0 0 0 0 0 0 50003 46017 53219 14769 0 0 103222 60786 0 0 0 0 0 0 0 0 0 150178 155907 150178 155907 -46956 -95121 535076 456358 1382965 1373876 -847889 -917518 X COLCHESTER PROPERTIES, INC. IS A REAL ESTATE HOLDING COMPANY FOR ALBION COLLEGE. ITS PURPOSE IS TO ACQUIRE PROPERTY ADJACENT TO ALBION COLLEGE PROPERTY FOR POSSIBLE FUTURE DEVELOPMENT AND EXPANSION OF THE COLLEGE. HELD PROPERTIES, IF POSSIBLE, ARE RENTED TO EMPLOYEES AND MEMBERS OF THE COMMUNITY, IF NOT SUITABLE THE STRUCTURES ARE RAZED AND HELD AS VACANT LAND. 0 0 HOLDING COMPANY FOR ALBION COLLEGE. PROPERTIES ARE RENTED WHERE POSSIBLE AND IF NOT SUITABLE BUILDINGS ARE RAZED AND LAND IS HELD FOR FUTURE DEVELOPMENT FOR THE COLLEGE. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 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 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X W SCOTT ROBERTS 5176290540 611 EAST PORTER STREET ALBION MI 49224 GARY R BLACK PRESIDENT - PART YEAR 1.00 45.00 X X 0 191785 26987 MARK S HOLBROOK TREASURER 1.00 45.00 X X 0 108237 25348 AMANDA EWERS SECRETARY 1.00 45.00 X X 0 75380 16818 DEAN SCHESKE PRESIDENT 1.00 45.00 X X 0 31750 0 0 407152 69153 0 0 1 0 0 RENTAL INCOME 531110 46017 46017 46017 82590 67821 14769 14769 14769 60786 46017 0 14769 45278 5369 1240 83257 10 18586 MISCELLANEOUS 2167 155907 1487533 1031175 535076 456358 535076 456358 1400 1400 675 675 1380890 1371801 1382965 1373876 X -847889 -917518 -847889 -917518 535076 456358 X -95121 25492 X X 0 1 X 1 0 293493 293493 1144786 981921 162865 49254 49254 0 456358 DUE TO ALBION COLLEGE 1371801 1371801 0 0 0 GARY R BLACK PRESIDENT - PART YEAR 0 191785 0 0 0 0 0 17948 0 9039 0 218772 0 0 PART I, LINE 3 THE PRESIDENT WAS COMPENSATED BY A RELATED ORGANIZATION, AND THEREFORE NONE OF THE LINE 3 BOXES HAVE BEEN CHECKED. THE RELATED ORGANIZATION USED THE FOLLOWING METHODOLOGIES TO ESTABLISH THE COMPENSATION OF THE PRESIDENT OF THE FILING ORGANIZATION: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B OFFICERS REVIEWED THE RETURN PRIOR TO SUBMITTING IT TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THROUGH THE COLLEGE, WE COMPLETE ANNUAL CONFLICT OF INTEREST DOCUMENTATION. THE CONFLICT OF INTEREST DOCUMENT IS APPROVED BY THE AUDIT AND COMPLIANCE SUBCOMMITTEE ANNUALLY. THE APPROVED DOCUMENT IS THEN DISTRIBUTED TO BOARD MEMBERS, FACULTY, AND STAFF, AND ALL DOCUMENTS ARE COLLECTED PRIOR TO FINAL RELEASE OF THE 990 TO THE IRS. MEMBERS OF THE BOARD, PRESIDENT'S ADMINISTRATIVE COMMITTEE, FACULTY, AND STAFF WHO HAVE A CONFLICT OF INTEREST IN ANY MATTER SHALL REFRAIN FROM PARTICIPATING IN THE CONSIDERATION OF THE PROPOSED TRANSACTION. THE PERSON OR PERSONS INVOLVED WILL NOT VOTE ON SUCH MATTERS. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: TRANSFER SUPPORT FROM RELATED PARTY 25,492. FORM 990, PART XII, LINE 2C: THE PROCESS FOR THE OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR. ALBION COLLEGE 611 EAST PORTER ALBION MI 49224 381359081 HIGHER EDUCATION MI 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1