2024-03-02T09:35:07-06:00 2023-06-30 222027092 WITHUM SMITH BROWN PC 25 BRAINTREE HILL OFC PK SUITE 102 BRAINTREE MA 02184 990 2022-09-01 043403049 URBAN COLLEGE OF BOSTON URBA 6174497070 2 BOYLSTON STREET BOSTON MA 02116 JOHN MCCAFFERTY VP OF FINANCE 6174497070 2024-02-28 1 JOHN MCCAFFERTY 999009999 0 DAVID A DIIULIS P00303577 6174711120 2024-02-28 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOHN MCCAFFERTY 2 BOYLSTON STREET BOSTON MA 02116 6861677 0 X WWW.URBANCOLLEGE.EDU X 1998 MA PRIVATE TWO YEAR COLLEGE SERVING PRIMARILY LOWER INCOME INDIVIDUALS FROM THE GREATER BOSTON AREA. 11 10 94 0 0 0 4598811 5622574 1464692 1239103 0 0 0 0 6063503 6861677 78258 47348 0 0 2970276 2587994 0 0 0 2561141 1511797 5609675 4147139 453828 2714538 3219159 7472370 541337 2080010 2677822 5392360 PRIVATE TWO YEAR COLLEGE SERVING PRIMARILY LOWER INCOME INDIVIDUALS FROM THE GREATER BOSTON AREA. 0 0 2938391 47348 1239103 URBAN COLLEGE OF BOSTON (UCB) IS AN INDEPENDENT CO-EDUCATIONAL TWO YEAR HIGHER EDUCATION INSTITUTION LOCATED IN THE HEART OF DOWNTOWN BOSTON. UCB PROVIDES INNER-CITY RESIDENTS WHO MIGHT OTHERWISE NEVER GO TO COLLEGE WITH THE OPPORTUNITY TO ACHIEVE EDUCATION CREDENTIALS AND SKILLS TIED TO UPWARDLY MOBILE CAREERS. THE COLLEGE OFFERS ASSOCIATE DEGREES IN HUMAN SERVICE ADMINSTRATION, EDUCATION AND GENERAL STUDIES. 2938391 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 5 0 1 94 1 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 0 0 0 MA X JOHN MCCAFFERTY 6174497070 2 BOYLSTON STREET 2ND FLOOR BOSTON MA 02116 YVES SALOMON-FERNANDEZ CHAIR (9/1/22 THRU 4/1/23) 1.00 X X 0 0 0 JOAN BECKER VICE CHAIR 1.00 X X 0 0 0 KENNETH LEE TREASURER 1.00 X X 0 0 0 PETER EBB ESQ CHAIR (4/1/23 THRU 6/30/23) & SECRETARY 1.00 X X 0 0 0 BARBARA BRITTINGHAM CLERK 1.00 X 0 0 0 PAUL LEBLANC TRUSTEE 1.00 X 0 0 0 AMELIA MANNING TRUSTEE 1.00 X 0 0 0 MARK OUELLETTE TRUSTEE 1.00 X 0 0 0 SHARON SCOTT-CHANDLER ESQ TRUSTEE 1.00 X 0 0 0 YIMING SHUANG TRUSTEE 1.00 X 0 0 0 MEGAN STEVENS TRUSTEE 1.00 X 0 0 0 CLEA WINNEG DIR OF ACADEMIC AFFAIRS/PRESIDENT (6/22 THRU 6/23) 37.50 X X 206890 0 35610 CAITLIN CALLAHAN CHIEF ADVANCEMENT OFFICER 37.50 X 142436 0 33557 JOSE COLON-RIVAS DIRECTOR OF ECE ACADEMIC PROGRAM 37.50 X 120570 0 18473 JOHN MCCAFFERTY VICE PRESIDENT OF FINANCIAL SERVICES 37.50 X 105038 0 1058 MICHAEL TAYLOR FORMER PRESIDENT (RET. 6/22) 37.50 X 232894 0 17207 807828 0 105905 5 1 1 0 0 1883166 3739408 5622574 TUITION AND FEES 611310 1239103 1239103 1239103 6861677 1239103 0 0 47348 47348 192626 192626 2151448 1586407 565041 26938 9152 17786 216982 115001 101981 171930 56232 115698 53000 53000 3860 2961 899 193200 150816 42384 342300 273840 68460 121099 24224 96875 17107 13686 3421 215967 114462 101505 GRANT EXPENSE 319408 305582 13826 UTILITIES 52431 33031 19400 MISCELLANEOUS 18874 13023 5851 BAD DEBT 2621 2621 4147139 2938391 1208748 0 1167311 4962017 662951 1911853 351021 238691 206535 43833 32156 96162 1464225 3219159 7472370 332239 301937 5380 174640 203718 1603433 541337 2080010 X 2552928 5213572 124894 178788 2677822 5392360 3219159 7472370 2714538 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 238691 206535 32156 32156 SECURITY DEPOSIT 64703 ROU - OPERATING 1399522 1464225 LEASE LIABILITY - OPERATING 1603433 1603433 X 6814329 0 6814329 47348 47348 6861677 4099791 0 4099791 47348 47348 4147139 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE AN ENTITY TO ASSESS THE PROBABILITY THAT A TAX POSITION HAS A "MORE LIKELY THAN NOT" (MLTN) SUSTAINABILITY AFTER REVIEW BY TAX AUTHORITIES. IF A TAX POSITION IS DEEMED NOT TO MEET THIS THRESHOLD, ANY UNRECOGNIZED TAX BENEFITS AND COSTS ARE ESTIMATED AND RECOGNIZED. TAX RETURNS ARE ROUTINELY OPEN FOR REVIEW BY THE TAX AUTHORITIES FOR THREE YEARS FROM THEIR DUE DATE. IN CERTAIN CIRCUMSTANCES THE STATUTE OF LIMITATIONS MAY REMAIN OPEN INDEFINITELY. AS A NOT-FOR-PROFIT ENTITY EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, URBAN COLLEGE OF BOSTON MAY, HOWEVER, BE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 47,348. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 47,348. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 URBAN COLLEGE'S HARASSMENT/DISCRIMINATION POLICY IS AVAILABLE ON THE UCB WEBSITE (UNDER STUDENT SERVICES AND LINKED FROM CONSUMER DISCLOSURES). IT IS ALSO INCLUDED IN THE COURSE CATALOG AND STUDENT HANDBOOK, BOTH OF WHICH ARE ALSO AVAILABLE ON OUR WEBSITE. 1 SCHOLARSHIPS AND INSTITUTIONAL AID 271 47348 PART I, LINE 2: THE COLLEGE'S ADMINISTRATIVE STAFF OVERSEE THAT THE PROVISIONS OF THE GRANTS ARE MET IN ACCORDANCE WITH THE GUIDELINES OR AGREEMENT SET FORTH, WHETHER THAT IS USE OF DONOR, GOVERNMENT OR INSTITUTIONAL SOURCES. X X 0 0 0 0 0 0 0 0 0 MICHAEL TAYLOR FORMER PRESIDENT (RET. 6/22) 186095 0 20000 0 26799 0 16812 0 395 0 250101 0 0 0 CLEA WINNEG DIR OF ACADEMIC AFFAIRS/PRESIDENT (6 186890 0 20000 0 0 0 12532 0 23078 0 242500 0 0 0 CAITLIN CALLAHAN CHIEF ADVANCEMENT OFFICER 122436 0 20000 0 0 0 11631 0 21926 0 175993 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE COLLEGE'S FORM 990 WAS REVIEWED BY THE TRUSTEE AUDIT COMMITTEE AND WAS SUBSEQUENTLY PROVIDED ELECTRONICALLY TO THE ENTIRE BOARD OF TRUSTEES. THE FORM 990 WAS FILED WITH THE INTERNAL REVENUE SERVICE FOLLOWING SUCH REVIEW. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE OVERSIGHT PROCESS FOR REVIEW OF THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR. IMPACTORG INC 2500 NORTH RIVER ROAD MANCHESTER NH 03106 882441320 EDUCATION NH 501(C)(3) LINE 12B, II SNHU 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 IMPACTORG INC C 3000000 CASH