2025-05-15T12:44:11+00:00 2024-06-30 440160260 Forvis Mazars LLP 111 E Wayne Street Suite 600 Fort Wayne IN 46802 990 2023-07-01 381359081 ALBION COLLEGE ALBI 5176290289 611 EAST PORTER STREET ALBION MI 49224 W SCOTT ROBERTS Controller 5176290289 2025-05-15 true Lauren Denton P01571860 2604604000 2025-05-15 2023 2025-03-06 01:10:19Z WAYNE WEBSTER 611 EAST PORTER STREET ALBION MI 49224 130674284 false X WWW.ALBION.EDU X 1835 MI 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. 21 20 1289 26 171833 165578 6221497 6963620 93973079 88377035 3317018 5055366 343778 207810 103855372 100603831 59500943 56853611 0 34155755 33500811 0 0 2747916 30752583 31617655 124409281 121972077 -20553909 -21368246 273211461 261871104 75980637 73485578 197230824 188385526 X 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. false false 98917098 56853611 72651313 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 1,354 STUDENTS ARE ENROLLED IN THE COLLEGE. 6255328 0 6718566 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. 1258287 0 8225869 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. 2044074 0 781287 VARIOUS OTHER PROGRAM SERVICES RELATING TO THE ORGANIZATION'S MISSION. (KELLOGG CTR, CONF SERVICES, EQUESTRIAN CTR, W&G ROOM RENTAL) 2044074 781287 108474787 true true false false false false true false true true true false false true false false true true false false false false false false false false false true true true false false false false false false false false false false true true false false true true true false false false true 1875 0 1289 true true true false false false false true true false false false false false false X 21 20 true false false false false false false true true false false true true true true true true true true true true X W SCOTT ROBERTS 5176290289 611 EAST PORTER STREET ALBION MI 49224 Dr Wayne Webster President 40.0 0.0 X X 187836 0 32660 Joanne E Edwards Miller Chair 3.9 0.0 X X 0 0 0 Allison M Maki Board of Trustees Member 3.1 0.0 X 0 0 0 Arthur Fremont Gray Board of Trustees Member 3.1 0.0 X 0 0 0 Austin G Baidas Board of Trustees Member 3.1 0.0 X 0 0 0 Brian G McPheely Chair of Student Development 3.9 0.0 X 0 0 0 David A Bard Board of Trustees Member 3.1 0.0 X 0 0 0 Eleanor Debo Board of Trustees Member 3.1 0.0 X 0 0 0 Jeffrey Alan Ott Executive Committee 3.9 0.0 X 0 0 0 Jeffrey J Youle Board of Trustees Member 3.1 0.0 X 0 0 0 Jessica Marie Thomas Board of Trustees Member 3.1 0.0 X 0 0 0 Joseph S Green Board of Trustees Member 3.1 0.0 X 0 0 0 Justin W Huttenlocher Board of Trustees Member 3.1 0.0 X 0 0 0 Karen R Pifer Board of Trustees Member 3.1 0.0 X 0 0 0 Keith James Board of Trustees Member 3.1 0.0 X 0 0 0 Lawrence Schook Chair of Academic Affairs 3.9 0.0 X 0 0 0 Mae Ola Dunklin Chair of Infrastructure 3.9 0.0 X 0 0 0 Michael E Williams Board of Trustees Member 3.1 0.0 X 0 0 0 Paul H Huth Board of Trustees Member 3.1 0.0 X 0 0 0 Steven F Sheckell Board of Trustees Member 3.1 0.0 X 0 0 0 Timothy W Wyman Board of Trustees Member 3.1 0.0 X 0 0 0 Amanda Dubiel VP of Enrollment 40.0 0.0 X 168706 0 28300 DR Mathew Johnson LEFT 0923 Prior President (Severance Pay) 0.0 0.0 X 344615 0 6783 Joseph Calvaruso LEFT 1031 Interim President 40.0 0.0 X 206493 0 31671 Leroy Wright VP of Student Development 40.0 0.0 X 279972 0 31478 Marc Newman VP of Institutional Advancement 40.0 0.0 X 265159 0 44515 Taran McZee VP of Belonging & Culture 40.0 0.0 X 141230 0 36606 Amy Routhier Assistant VP of Advancement 40.0 0.0 X 123718 0 40764 Connie O'Brien Asst. Professor, Econ & Management 40.0 0.0 X 119886 0 22550 Lisa Lewis Interim Provost 40.0 0.0 X 162397 0 27313 Nicolle Zellner Professor, Physics 40.0 0.0 X 131635 0 9045 Vicki Baker Professor, Econ & Management 40.0 0.0 X 152602 0 21060 Gary Black Chief Financial Officer 40.0 0.0 X 245474 0 3769 2529723 0 336514 28 true true false HES Intermediate Holdings 9232 S Northshore Dr STE 202 Knoxville TN 37922 Custodial Services 1277361 WG Construction Services 101 S Monre Street Albion MI 49224 Construction Services 601344 Warner Norcross & Judd LLP 111 Lyon Street NW Grand Rapids MI 49503 Legal Services 416281 Barbour Heating and Air LLC 118 E Ash Street Albion MI 49224 HVAC Services 254310 Shepards Care Services LLC 310 Austin Avenue Albion MI 49224 Assisted Living Services 230556 10 837763 6125857 418649 6963620 TUITION AND FEES 611600 72651313 72651313 RESIDENCE HALLS 611600 8225869 8225869 DINING SERVICES 611600 6718566 6718566 AUXILIARY REVENUE 900099 781287 781287 0 0 0 0 88377035 3647414 171833 3475581 15635 15635 0 15635 15635 31390638 87767 28996673 1073780 2393965 -986013 1407952 1407952 OTHER 900099 137275 137275 FARM INCOME 900099 54900 54900 0 0 0 0 192175 100603831 88377035 171833 5091343 56853611 56853611 1357901 905267 452634 0 24056458 20453292 2153367 1449799 1451280 1219675 148815 82790 4880496 4101633 500448 278415 1754676 1474653 179925 100098 1021806 1021806 255939 255939 132028 132028 4155271 2974441 963584 217246 73888 9291 63345 1252 2784590 2568841 171427 44322 997185 686027 187907 123251 3684755 3399261 226844 58650 1926546 1792533 86865 47148 616127 568390 37930 9807 2862396 359916 2453974 48506 4874939 4284089 590850 1074648 16752 1057246 650 FOOD 5370253 5107334 48349 214570 MISCELLANEOUS 1787284 1699781 16091 71412 0 0 0 0 121972077 108474787 10749374 2747916 6143665 5934577 8749146 982006 5114193 5082116 0 0 0 0 1419093 1273010 1250 1250 970760 1410160 227289389 134375072 95460497 92914317 52256668 65918548 97637648 86080500 0 5458541 2274620 273211461 261871104 7242526 4558012 550784 312775 57446396 58029313 0 0 9000000 9000000 1740931 1585478 75980637 73485578 X 29810252 17737300 167420572 170648226 197230824 188385526 273211461 261871104 X -21368246 7844130 2322353 2356465 X X false true X true true true X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0.0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 161833451 1248432 10147906 6125857 24870733 2035462 140197737 176126977 642498 1959113 5224209 13891239 -2220311 161833451 199245697 3697775 -3017813 5143191 18944972 -289481 176126977 162423187 -124757 47026102 5106495 5078790 -106450 199245697 173856393 5568341 -2447969 0 16455065 -1901487 162423187 0.0077 0.3406 0.6517 true false 3957360 3957360 130030709 85236976 44793733 58488689 20674869 37813820 34812631 28463227 6349404 92914317 GLOBAL MULTI-ASSET EQUITY 51845945 F PARTNERSHIPS 30962482 C REAL ESTATE 3272073 C 86080500 REFUNDABLE STUDENT LOANS 458978 ANNUITIES AND THEIR SPLIT-INTEREST OBLIGATIONS 1126500 1585478 Schedule D, Part III, Line 1a THE COLLEGE DOES NOT RECOGNIZE OR CAPITALIZE THE COLLECTIONS OF RARE BOOKS, ORIGINAL PAINTINGS, VALUABLE PRINTS, AND OTHER ORIGINAL WORKS OF ART THAT HAVE BEEN RECEIVED AS DONATIONS OVER THE YEARS. COLLECTIONS ARE HELD FOR PUBLIC EXHIBITION, ARE PROTECTED, CARED FOR, AND PRESERVED AND ARE SUBJECT TO POLICY THAT REQUIRES PROCEEDS FROM SALE OF ITEMS TO ACQUIRE OTHER ITEMS FOR THE COLLECTIONS. Schedule D, Part XI, Line 2 ASC 740 ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part III, Line 4 Collections of art - description of collections ART COLLECTION - A MISSION OF THE DEPARTMENT IS TO EXPOSE OUR STUDENTS AND THE COMMUNITY TO FINE ARTS OF THE PAST AND PRESENT. TO THIS END, WE TEACH CLASSES AND CREATE EXHIBITIONS, DRAWING UPON OUR COLLECTION AND OF OUR CONTEMPORARIES. OUR TWO GALLERIES ARE THE VENUE FOR TWELVE EXHIBITIONS PER ACADEMIC YEAR WHICH ARE OPEN TO THE COLLEGE AND THE GENERAL PUBLIC. LIBRARY COLLECTION - THE LIBRARY COLLECTIONS HAVE THEIR ROOTS IN THE HISTORY OF ALBION COLLEGE. THEY FORM A VALUABLE ACADEMIC RESOURCE THAT SUPPORT OUR CENTRAL LIBERAL ARTS MISSION. THE COLLECTIONS ARE OPEN TO STUDENTS FOR STUDY AND RESEARCH AND PROVIDE A UNIQUE EXPERIENCE IN UNDERSTANDING LITERATURE, HISTORY AND THE HISTORY OF SCIENCE AND NATURAL HISTORY. Schedule D, Part V, Line 4 Intended uses of endowment funds ENDOWMENTS SUPPORT THE EDUCATIONAL PURPOSES OF THE COLLEGE. true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY ALL PAMPHLETS, BROCHURES AND RECRUITING MATERIALS CONTAIN THE FOLLOWING LANGUAGE, "ALBION COLLEGE IS COMMITTED TO A POLICY OF EQUAL OPPORTUNITY AND NON-DISCRIMINATION ON THE BASIS OF SEXUAL ORIENTATION AND OF RACE, COLOR, NATIONAL ORIGIN, RELIGION, SEX, AGE OR DISABILITY, AS PROTECTED BY LAW, IN ALL EDUCATIONAL PROGRAMS AND ACTIVITIES, ADMISSION OF STUDENTS AND CONDITIONS OF EMPLOYMENT." THE COLLEGE PROMOTES A COMMUNITY OF BELONGING. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT TITLE IV AID FROM THE FEDERAL DEPARTMENT OF EDUCATION (SEOG, PELL, PERKINS LOANS, AND DIRECT LENDING LOANS) AND MICHIGAN GIFT AND MICHIGAN PROMISE FROM THE STATE OF MICHIGAN. true Scholarships 1349 56853611 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. GRANTS ARE PROCURED BY FACULTY WITH THE ASSISTANCE OF THE COLLEGE'S GRANT MANAGER. MONITORING IS DONE BY GRANTEE, GRANT MANAGER AND SENIOR ACCOUNTANT FOR COMPLIANCE. ACTIVITY IS AUDITED AND REPORTED ANNUALLY IN THE COLLEGE'S FINANCIAL STATEMENTS. X X true true X X X X X true false false false false false false false false Dr Wayne Webster President 187836 0 0 0 0 0 21605 0 11055 0 220496 0 0 0 Gary Black Chief Financial Officer 245474 0 0 0 0 0 0 0 3769 0 249243 0 0 0 Amanda Dubiel VP of Enrollment 168706 0 0 0 0 0 19255 0 9045 0 197006 0 0 0 Marc Newman VP of Institutional Advancement 265159 0 0 0 0 0 22405 0 22110 0 309674 0 0 0 Leroy Wright VP of Student Development 279972 0 0 0 0 0 22433 0 9045 0 311450 0 0 0 Joseph Calvaruso LEFT 1031 Interim President 206493 0 0 0 0 0 0 0 31671 0 238164 0 0 0 DR Mathew Johnson LEFT 0923 Prior President (Severance Pay) 344615 0 0 0 0 0 0 0 6783 0 351398 0 0 0 Taran McZee VP of Belonging & Culture 141230 0 0 0 0 0 14692 0 21914 0 177836 0 0 0 Vicki Baker Professor, Econ & Management 152602 0 0 0 0 0 12015 0 9045 0 173662 0 0 0 Lisa Lewis Interim Provost 162397 0 0 0 0 0 18268 0 9045 0 189710 0 0 0 Amy Routhier Assistant VP of Advancement 123718 0 0 0 0 0 15305 0 25459 0 164482 0 0 0 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. Schedule J, Part I, Line 4a Severance or change-of-control payment The prior president, Dr. Mathew Johnson, received a severance payment. A MICHIGAN FINANCE AUTHORITY LIMITED OBLIGATION REVENUE AND REVENUE REFUNDING 800596186 594476HL4 2022-01-12 57001616 REFINANCE PRIOR BOND & FINANCE CAPITAL FACILITIES false false false A 8106616 57001616 657810 2024 true false true true A false false false false 0.0 false false false A false true false false false true false false false false false A false X 11 408649 Market value X Horses 2 10000 Other - APPRAISAL false true true Schedule M, Part I COLUMN (B) THE ORGANIZATION REPORTS THE NUMBER OF CONTRIBUTIONS RECEIVED NOT THE NUMBER OF ITEMS. Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions THE ORGANIZATION SEEKS PROFESSIONAL ASSISTANCE, AS NEEDED, TO SELL NON-CASH CONTRIBUTIONS. Schedule M, Part I, Line 33 Noncash contribution amounts not reported THE ORGANIZATION DOES NOT REPORT REVENUES OR CORRESPONDING EXPENSE FOR COLLECTIONS OF ART OR BOOKS. Form 990, Part III, Line 4d Description of other program services (Expenses $ 2,044,074 including grants of $ 0)(Revenue $ 781,287) VARIOUS OTHER PROGRAM SERVICES RELATING TO THE ORGANIZATION'S MISSION. (KELLOGG CTR, CONF SERVICES, EQUESTRIAN CTR, W&G ROOM RENTAL) Form 990, Part VI, Line 11b Review of form 990 by governing body MEMBERS OF THE BUSINESS OFFICE PROCESS AND FORWARD THE 990 PREPARATION INFORMATION TO AN INDEPENDENT CPA FIRM FOR PREPARATION AND THE DRAFT FORM 990 IS SENT TO ALL MEMBERS OF THE BOARD OF TRUSTEES AND ALL COLLEGE OFFICERS. THE FORM 990 REVIEW COMMITTEE, COMPRISED OF THE AUDIT AND COMPLIANCE COMMITTEE AND OTHER BOARD MEMBERS AS APPROPRIATE, CONDUCT A RIGOROUS REVIEW OF THE FORM 990. OTHER BOARD MEMBERS MAY SUBMIT REVIEW STATEMENTS TO THE FORM 990 REVIEW COMMITTEE. THIS COMMITTEE REPORTS CHANGES AND CLARIFICATIONS TO THE BUSINESS OFFICE AS NECESSARY. PRIOR TO SUBMISSION OF THE FORM 990 TO THE IRS, ALL MEMBERS OF THE BOARD OF TRUSTEES AND ALL COLLEGE OFFICERS RECEIVE A COPY OF THE FINAL VERSION OF THE FORM 990. Form 990, Part VI, Line 12c Conflict of interest policy 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, Line 15a Process to establish compensation of top management official COMPENSATION FOR THE PRESIDENT IS REVIEWED ANNUALLY. COMPENSATION DETERMINATION PROCESS INCLUDED 1) REVIEW OF GROUP COMPENSATION, 2) ADVISEMENT FROM INDEPENDENT SEARCH CONSULTANT, 3) DISCUSSIONS OF PRESIDENTIAL SEARCH SUB-COMMITTEE OF THE BOARD OF DIRECTORS. THE PRESIDENT'S COMPENSATION WAS LAST REVIEWED IN FISCAL YEAR ENDED 2024. Form 990, Part VI, Line 15b Process to establish compensation of other employees OTHER OFFICERS AND KEY EMPLOYEES' COMPENSATION IS REVIEWED AT HIRING DATE. COMPENSATION DETERMINATION PROCESS INCLUDED 1) REVIEW OF PEER GROUP COMPENSATION, 2) ADVISEMENT FROM INDEPENDENT SEARCH CONSULTANTS, AND 3) CONSULTATION WITH PRESIDENTS OF OTHER HIGHER EDUCATION INSTITUTIONS. Form 990, Part VI, Line 19 Required documents available to the public REQUESTS ARE FORWARDED TO THE ALBION COLLEGE BUSINESS OFFICE WHERE A PAPER COPY IS PROVIDED TO THE REQUESTEE WITHIN A FEW DAYS. Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN VALUE OF REMAINDER TRUSTS - 79711; PENSION-RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST - 921622; CHANGE IN VALUE OF ANNUNITIES - 727764; AMORTIZATION OF BOND PREMIUM - 402116; Transfer from Affiliate - 225252; Form 990, Part XII, Line 3b ALBION COLLEGE HAS UNDERGONE THE SINGLE AUDIT AND FINANCIAL STATEMENT AUDIT REQUIREMENTS FOR FISCAL YEAR ENDED JUNE 30, 2024. REPORTS ARE ANTICIPATED TO BE COMPLETED AND ISSUED BY JUNE 30, 2025. Form 990, Part XII, Line 2c Change of oversight process or selection process THE OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. Briton Investments LLC 611 East Porter Street Albion MI 49224 271782807 Real Estate Holding MI 0 489168 Albion College Colchester Properties Inc 611 E Porter St Albion MI 49224 382025320 Real Estate Holding MI 501(c)(2) Albion College true DOWNTOWN ALBION HOTEL 200 S SUPERIOR STREET Albion MI 49224 472316965 Hotel MI Albion College Related -634863 6670113 false false 0.53 Briton Acres INC 611 East Porter Street Albion MI 49224 381361836 Real Estate Holding MI Albion College C Corporation 0 0 1 true WG Construction Services LLC 101 S Monroe Albion MI 49224 862086670 Construction MI Albion College C Corporation -228511 423597 1 true false false true false false false false false false false false false false false false false false false false