Baker College is located in Flint, MI. The organization was established in 1985. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 08/2016, Baker College employed 189 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Baker College is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE QUALITY HIGHER EDUCATION AND TRAINING WHICH ENABLES GRADUATES TO BE SUCCESSFUL THROUGHOUT CHALLENGING AND REWARDING CAREERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LARGEST PRIVATE COLLEGE IN MICHIGAN, BAKER COLLEGE IS ACCREDITED BY THE HIGHER LEARNING COMMISSION AND IS A MEMBER OF THE NORTH CENTRAL ASSOCIATION OF COLLEGES AND SCHOOLS. IT IS A NON-PROFIT HIGHER EDUCATION INSTITUTION, SERVING STUDENTS AT LOCATIONS THROUGHOUT MICHIGAN AND ONLINE WORLDWIDE. BAKER OF PORT HURON PROVIDES CERTIFICATE, ASSOCIATE, AND BACHELOR DEGREES IN VARIOUS SERVICE AND TECHNICAL FIELDS. FOR THE 2015-16 FISCAL YEAR, BAKER OF PORT HURON HAD A TOTAL OF 646 STUDENTS WITH A TOTAL OF 17,686 CREDIT HOURS. $639,669 WAS AWARDED IN SCHOLARSHIPS TO 397 STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Board Of Regents, Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed President | OfficerTrustee | 8 | $0 |
Name Not Listed Board Of Regents | Trustee | 1 | $0 |
Name Not Listed Board Of Regents | Trustee | 1 | $0 |
Name Not Listed Board Of Regents (partial) | Trustee | 1 | $0 |
Name Not Listed Board Of Regents | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $311,149 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $311,149 |
Total Program Service Revenue | $4,636,880 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$2,226 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,978,817 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $250 |
Grants and other assistance to domestic individuals. | $639,669 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,464,066 |
Pension plan accruals and contributions | $89,929 |
Other employee benefits | $221,310 |
Payroll taxes | $174,861 |
Fees for services: Management | $0 |
Fees for services: Legal | $9,580 |
Fees for services: Accounting | $15,761 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $188,411 |
Advertising and promotion | $131,608 |
Office expenses | $472,010 |
Information technology | $148,531 |
Royalties | $0 |
Occupancy | $274,099 |
Travel | $29,445 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $27,395 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,064,510 |
Insurance | $39,515 |
All other expenses | $29,293 |
Total functional expenses | $6,242,112 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $21,231 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $15,711,075 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $15,732,306 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $5,630,480 |
Total liabilities | $5,630,480 |
Unrestricted restricted net Assets | $10,101,826 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | $10,101,826 |