Champlain College Inc

Organization Overview

Champlain College Inc is located in Burlington, VT. The organization was established in 1968. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Champlain College Inc employed 1,620 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Champlain College Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Champlain College Inc generated $119.7m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $124.1m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CHAMPLAIN COLLEGE EDUCATES ADAPTABLE THINKERS, DARING CHANGE-MAKERS, AND INCLUSIVE INNOVATORS WHO SHAPE PROFESSIONS AND INSPIRE COMMUNITIES.

Describe the Organization's Program Activity:

UNDERGRADUATE PROGRAM- THE COLLEGE HAS FIVE UNDERGRADUATE CAMPUS DIVISIONS, INCLUDING BUSINESS, COMMUNICATION & CREATIVE MEDIA, EDUCATION & HUMAN STUDIES, INFORMATION TECHNOLOGY & SCIENCES, AND CORE. WITHIN THE UNDERGRADUATE CAMPUS DIVISIONS, THE COLLEGE HAS TEN CENTERS OF EXPERIENCE INCLUDING THE CENTER FOR INNOVATION AND ENTREPRENEURSHIP, THE CENTER FOR FINANCIAL LITERACY, THE LEAHY CENTER, THE EMERGENT MEDIA CENTER, THE CENTER FOR PUBLISHING, THE CENTER FOR SERVICE AND SUSTAINABILITY, MAKERSPACE, THE CENTER FOR MEDIATION AND DIALOGUE, THE DAVID L. COOPERRIDER CENTER FOR APPRECIATIVE INQUIRY AND THE WOMEN'S AND GENDER CENTER. EACH CENTER CONNECTS CHAMPLAIN TO THE GREATER BURLINGTON COMMUNITY AND THE WORLD THROUGH ITS SPECIFIC SKILL SET AND EXPERTISE, TURNING THEORY INTO PRACTICE. THE CENTERS ENTRUST STUDENTS WITH RESPONSIBILITY, ENGAGE THEM IN AMBITIOUS GOALS AND EMPOWER THEM WITH LEADERSHIP QUALITIES, SUCH AS CREATIVITY, CONFIDENCE, INSIGHT AND INTEGRITY. THE COLLEGE CURRENTLY HAS ABOUT 1,800 TRADITIONAL UNDERGRADUATE STUDENTS ENROLLED IN EDUCATIONAL PROGRAMS WHICH LEAD TO ASSOCIATE AND BACHELOR DEGREES.


AUXILIARY ENTERPRISES- RESIDENTIAL LIFE AT CHAMPLAIN COLLEGE INCLUDES 20 TRADITIONAL RESIDENCE HALLS AND 9 APARTMENT STYLE HOUSING COMPLEXES, EACH WITH DISTINCTIVE ARCHITECTURAL FEATURES. EACH RESIDENCE HAS A COMMUNITY-ORIENTED ATMOSPHERE. THIS SETTING HELPS CREATE MUCH CLOSER AND LONGER-LASTING RELATIONSHIPS, SOMETHING THAT DIFFERENTIATES CHAMPLAIN. AT CHAMPLAIN, YOU'LL FIND VICTORIAN-ERA MANSIONS WITH CURVED STAIRCASES, CAREFULLY RESTORED WOODWORK AND EXPANSIVE WINDOWS LOOKING OUT OVER LAKE CHAMPLAIN AND THE ADIRONDACK MOUNTAINS. THE COLLEGE HAS ADDED 275 BEDS ON MAIN CAMPUS SINCE 2013 AND ADDED 314 BEDS IN AN ATTRACTIVE DOWNTOWN LOCATION. CHAMPLAIN BELIEVES THAT PROVIDING HOUSING ENABLES THE COLLEGE TO PROVIDE STUDENTS WITH A MORE WELL-ROUNDED EDUCATIONAL EXPERIENCE. THE COLLEGE OPERATES A CONFERENCE AND EVENT CENTER WHICH OFFERS A VENUE FOR SPECIAL EVENTS, MEETINGS AND CONFERENCES. ADDITIONALLY, THE COLLEGE'S BOOK STORE AND FOOD SERVICE IS OFFERED FOR THE STUDENTS (PRIMARILY FOR THE RESIDENTIAL CAMPUS COMMUNITY). AS A RESULT OF THE CORONOVIRUS DISEASE OF 2019 (COVID-19), THE COLLEGE ASSUMED A MODIFIED REOPENING OF CAMPUS FOR THE 2020-2021 ACADEMIC YEAR. THE COLLEGE'S COVID-19 MITIGATION PLANS WERE EXTENSIVE AND COMPREHENSIVE TO COMPLY WITH STATE AND FEDERAL GUIDANCE ON SOCIAL DISTANCING MEASURES. THE COLLEGE'S DECISIONS INCLUDED SIGNIFICANT REDUCTION OF RESIDENCE IN ROOMS TO PRIMARILY SINGLE OCCUPANCY, REDUCED DINING CAPACITY AND NO EVENTS CENTER OR CONFERENCE ACTIVITIES.


GRADUATE AND CHAMPLAIN COLLEGE ONLINE (CCO)- THE MISSION OF CHAMPLAIN'S GRADUATE STUDIES IS TO PROVIDE CURRENT AND ASPIRING PROFESSIONALS WITH INNOVATIVE PROGRAMS THAT EMBRACE REFLECTIVE LEARNING, EXPAND PROFESSIONAL EXPERTISE, INSPIRE CREATIVE AND CRITICAL THINKING, AND INFUSE THE JOY OF LIFELONG LEARNING. STUDENTS CAN ENROLL IN ONE OF THE FOLLOWING GRADUATE PROGRAMS, OFFERING MASTER DEGREES IN BUSINESS ADMINISTRATION, DIGITAL FORENSIC SCIENCE, INFORMATION SECURITY OPERATIONS, HEALTHCARE MANAGEMENT, EXECUTIVE LEADERSHIP, HUMAN RELATIONS & ORGANIZATION DEVELOPMENT AND EARLY CHILDHOOD EDUCATION. CHAMPLAIN COLLEGE ONLINE (CCO) OFFERS ADULT ONLINE ASSOCIATE, BACHELOR'S, AND MASTERS DEGREE PROGRAMS IN FIELDS WITH HIGH EMPLOYMENT GROWTH. CCO PROGRAMS ARE TAILORED TO THE NEEDS OF AN ADULT STUDENT POPULATION; THEY TAKE INTO ACCOUNT THE VALUE OF PRIOR EDUCATION AND PROFESSIONAL EXPERIENCES. CCO ALSO HOUSES THE COLLEGE'S TRUED PROGRAM. TRUED IS A BOLD REIMAGING OF WORKFORCE DEVELOPMENT THAT CREATES OPPORTUNITIES FOR ADULTS TO FURTHER THEIR EDUCATION IN CHAMPLAIN COLLEGE'S AWARD-WINNING ONLINE ACADEMIC PROGRAMS AND BRINGS TALENT MANAGEMENT AND FORWARD-THINKING WORKFORCE DEVELOPMENT SOLUTIONS TO EMPLOYERS. THROUGH STRATEGIC ALLIANCES WITH LEADING ORGANIZATIONS IN GOVERNMENT AND INDUSTRY, CHAMPLAIN COLLEGE ONLINE DELIVERS AN AFFORDABLE, ACCESSIBLE AND IMMEDIATELY APPLICABLE HIGHER EDUCATION TO HELP EMPLOYEES GAIN THE SKILLS AND KNOWLEDGE NEEDED TO ENHANCE THEIR CAREERS AND ACHIEVE THEIR ORGANIZATION'S BUSINESS OBJECTIVES.


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Board, Officers & Key Employees

Name (title)Compensation
Laurie Quinn
Interim President
$443,348
Benjamin Akande
President
$268,007
Lisa Bunders
Vice President
$231,597
Shelley Navari
Vice President
$202,097
Scott Baker
Dean
$189,627
Angela Batista
Vice President
$189,296

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sodexo
Food Service
$2,314,136
Google Llc
Advertising
$886,104
Clinical Research Sequencing Platfo
Covid-19 Testing
$1,042,500
Cbmvt Llc
Custodial
$680,458
Unbridled Connect Llc
Consultant
$1,381,405
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $7,110,655
All other contributions, gifts, grants, and similar amounts not included above$2,217,349
Noncash contributions included in lines 1a–1f $382,135
Total Revenue from Contributions, Gifts, Grants & Similar$9,328,004
Total Program Service Revenue$106,619,486
Investment income $2,004,230
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $222,749
Net Gain/Loss on Asset Sales $558,070
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $119,718,125

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Champlain College Inc has recieved totaling $1,350.

Awarding OrganizationAmount
William Searls Scholarship Foundation

Damariscotta, ME

PURPOSE: SCHOLARSHIP

$850
Kilkea Foundation Inc

New York, NY

PURPOSE: TUITION

$500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$23,894,478
Earnings$6,528,189
Net Contributions$415,116
Other Expense$670,929
Grants$481,716
Ending Balance$29,685,138

Peer Organizations

Organization NameAssets
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Boston, MA
$384,612,408
Ithaca College
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$365,679,639
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$407,702,412
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$515,515,442
Touro University
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$321,976,604
Williams College
Williamstown, MA
$397,351,793
Emerson College
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$275,696,398
Colgate University Treasurers Office
Hamilton, NY
$378,114,548
Trustees Of The College Of The Holy Cross
Worcester, MA
$265,241,305
Babson College
Babson Park, MA
$304,101,925
Merrimack College
North Andover, MA
$259,690,431
Skidmore College
Saratoga Springs, NY
$268,742,242

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