Becker College, Faculty Federation Local 3359 in Worcester, Massachusetts (MA)

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Becker College, Faculty Federation Local 3359
Employer Identification Number (EIN)042108346
Name of OrganizationBecker College
Secondary NameFaculty Federation Local 3359
In Care of NameEnoh Ukpong
Address61 Sever Street, Worcester, MA 01609
ActivitiesPrivate school, School, college, trade school, etc.
SubsectionEducational Organization
Ruling Date04/1949
DeductibilityContributions are deductible
FoundationSchool
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2012
Assets$10,000,000 to $49,999,999
Income$50,000,000 to greater
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$40,242,815
Amount of Income$55,371,987
Form 990 Revenue Amount$41,891,453
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Community or Junior Colleges


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Amount of income in 2012: $55,371,987
Becker College, Faculty Federation Local 3359: 

 $55,371,987
Other organizations performing similar types of work: 

 $27,394,082

Assets in 2012: $40,242,815
This organization: 

 $40,242,815
Other organizations performing similar types of work: 

 $35,592,528

Expenses in 2007: $39,287,332
Becker College, Faculty Federation Local 3359: 

 $39,287,332
Other organizations performing similar types of work: 

 $20,126,182

Income to expenses ratio in 2007: 1.1
This organization: 

 1.1
Other organizations performing similar types of work: 

 1.1

Expenses allocated to program services in 2007: 70.9%
This organization: 

 70.9%
Other organizations performing similar types of work: 

 80.3%

Number of employees in 2007: 512
This organization: 

 512
Other organizations performing similar types of work: 

 425

Employees paid over $50,000 in 2007: 16.8%
This organization: 

 16.8%
Other organizations performing similar types of work: 

 14.0%

Grants share in income in 2007: 2.9%
This organization: 

 2.9%
Other organizations performing similar types of work: 

 10.1%

Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Expenses for 2007

Functional Expenses for 2007 ($)

Income-Producing Activities for 2007

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$12,791,658$18,095,162$17,470,115$19,740,203$24,320,134$30,186,697$38,329,298$41,891,453
Contributions, gifts, grants, and similar amounts received$885,954$364,024$740,112$609,435$1,162,251$812,166$2,904,263$1,222,653
Contributions to donor advised funds$0$0
Direct public support$604,474$336,574$701,871$327,955$880,771$530,686$2,610,002$1,222,653
Indirect public support$0$0$0$0$0$0$0$0
Government contributions (grants)$281,480$27,450$38,241$281,480$281,480$281,480$294,261$0
Program service revenue including government fees and contracts$11,250,528$16,043,111$16,458,593$18,664,371$22,772,393$29,173,624$35,061,646$40,288,677
Membership dues and assessments$0$0$0$0$0$0$0$0
Interest on savings and temporary cash investments$60,749$0$0$0$0$0$0$0
Dividends and interest from securities$144,736$75,125$51,592$76,908$72,649$170,092$307,601$368,070
Net rental income or (loss)$246,495$104,494$57,518$26,859$23,859$28,772$15,158$12,082
Gross rents$246,495$104,494$57,518$26,859$23,859$28,772$15,158$12,082
Less: rental expenses$0$0$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$0$1,508,408$162,300$362,630$288,982$2,043$40,630$-29
Gross amount from sales of assets other than inventory$0$4,882,462$2,044,913$2,256,625$309,750$2,043$40,630$0
Less: cost or other basis and sales expenses$0$3,374,054$1,882,613$1,893,995$20,768$0$0$29
Net income or (loss) from special events and activities$0$0$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0$0$0
Other revenue$203,196$0$0$0$0$0$0$0
Total expenses$15,213,779$18,727,723$18,576,647$21,597,205$23,809,412$29,106,680$35,953,661$39,287,332
Program services$10,329,983$11,824,740$12,739,141$15,596,117$17,180,482$20,469,204$25,966,573$27,860,251
Management and general$4,883,796$6,902,983$5,837,506$6,001,088$6,628,930$8,637,476$9,987,088$11,427,081
Fundraising$0$0$0$0$0$0$0$0
Payments to affiliates$0$0$0$0$0$0$0$0
Net assets or fund balances at end of year$13,341,844$11,467,695$10,325,194$8,449,046$8,972,000$10,056,004$12,399,012$14,662,472
Excess or (deficit) for the year$-2,422,121$-632,561$-1,106,532$-1,857,002$510,722$1,080,017$2,375,637$2,604,121
Net assets or fund balances at beginning of year$16,192,938$13,341,844$11,467,695$10,325,194$8,449,046$8,972,000$10,056,004$12,399,012
Other changes in net assets or fund balances$-428,973$-1,241,588$-35,969$-19,146$12,232$3,987$-32,629$-340,661
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$39,287,332$27,860,251$11,427,081$0
Grants paid from donor advised funds$0
Other grants and allocations$8,358,331
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$678,531$0$678,531$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$12,836,628$10,269,870$2,566,758$0
Pension plan contributions not included above$857,451$624,014$233,437$0
Employee benefits not included above$1,148,937$754,748$394,189$0
Payroll taxes$1,414,390$975,151$439,239$0
Professional fundraising fees$0$0$0$0
Accounting fees$44,000$0$44,000$0
Legal fees$90,788$0$90,788$0
Supplies$1,359,145$765,630$593,515$0
Telephone$73,960$73,960$0$0
Postage and shipping$136,912$17,658$119,254$0
Occupancy$0$0$0$0
Equipment rental and maintenance$303,605$182,336$121,269$0
Printing and publications$574,161$172,036$402,125$0
Travel$473,587$330,463$143,124$0
Conferences, conventions, and meetings$0$0$0$0
Interest$453,058$0$453,058$0
Depreciation, depletion, etc.$1,202,816$885,662$317,154$0
Other expenses not covered above$9,281,032$4,450,392$4,830,640$0
Balance Sheets
20002001200220032004200520062007
Total assets$25,126,760$21,748,522$20,893,609$20,026,183$19,971,482$21,287,816$28,304,668$30,828,846
Cash - non-interest-bearing$35,926$454,082$688,704$622,670$648,623$448,072$1,467,111$2,051,647
Savings and temporary cash investments$965,518$152,335$168,225$1,580,071$1,280,048$1,347,385$216,684$254,094
Accounts receivable less allowance for doubtful accounts$639,540$872,865$946,168$504,422$728,446$816,065$1,560,128$1,232,915
Pledges receivable less allowance for doubtful accounts$241,249$192,679$580,779$415,059$309,406$44,479$1,940,557$1,408,005
Grants receivable$0$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$560,140$148,230$148,230$42,740$53,293$53,293$53,293$52,796
Inventories for sale or use$13,594$14,018$12,693$11,663$13,077$19,775$16,831$24,394
Prepaid expenses and deferred charges$557,089$416,734$172,900$182,762$126,735$178,286$218,664$282,805
Investments - publicly-traded securities$0$0
Investments - other securities$3,769,876$0$0$0$0$0$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0$0
Investments - other$0$1,765,115$1,020,266$363,436$371,437$394,343$525,696$1,200,978
Land, buildings, and equipment less accumulated depreciation$18,343,828$17,664,354$16,918,044$16,085,296$16,220,727$17,766,357$18,098,516$21,977,512
Other assets, including program-related investments$0$68,110$237,600$218,064$219,690$219,761$4,207,188$2,343,700
Total liabilities$11,784,916$10,280,827$10,568,415$11,577,137$10,999,482$11,231,812$15,905,656$16,166,374
Accounts payable and accrued expenses$1,808,018$927,485$1,616,746$2,843,232$2,475,005$2,798,977$3,341,293$3,262,729
Grants payable$0$0$0$0$0$0$0$0
Deferred revenue$0$0$0$0$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0$0
Mortgages and other notes payable$9,173,275$8,844,332$8,495,680$8,177,000$7,900,000$7,640,000$11,685,000$12,266,941
Other liabilities$803,623$509,010$455,989$556,905$624,477$792,835$879,363$636,704
Total liabilities and net assets/fund balances$25,126,760$21,748,522$20,893,609$20,026,183$19,971,482$21,287,816$28,304,668$30,828,846
Total net assets or fund balances$13,341,844$11,467,695$10,325,194$8,449,046$8,972,000$10,056,004$12,399,012$14,662,472
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$12,791,658$18,095,162$17,470,115$19,740,203$24,320,134$30,186,697$38,329,298$41,891,453
Total revenue, gains, and other support per audited financial statements$12,362,685$14,792,822$15,620,449$16,997,167$20,572,812$24,674,248$30,211,879$33,192,461
Other expenses$-428,973$-1,241,588$-35,969$-19,146$12,232$3,987$-32,629$-340,661
Net unrealized gains on investments$-428,973$-1,241,588$-35,969$-19,146$12,232$3,987$-32,629$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$-340,661
Other revenue$0$2,060,752$1,813,697$2,723,890$3,759,554$5,516,436$8,084,790$8,358,331
Investment expenses$0$0$0$0$0$0$0$0
Other$0$2,060,752$1,813,697$2,723,890$3,759,554$5,516,436$8,084,790$8,358,331
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$15,213,779$18,727,723$18,576,647$21,597,205$23,809,412$29,106,680$35,953,661$39,287,332
Total expenses and losses per audited financial statements$15,213,779$16,666,971$16,762,950$18,873,315$20,049,858$23,590,244$27,868,871$30,929,001
Other revenue$0$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Other expenses$0$2,060,752$1,813,697$2,723,890$3,759,554$5,516,436$8,084,790$8,358,331
Investment expenses$0$0$0$0$0$0$0$0
Other$0$2,060,752$1,813,697$2,723,890$3,759,554$5,516,436$8,084,790$8,358,331
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$254,960$23,896$0
40$195,192$18,632$0
40$168,990$16,861$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings25
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 2006512
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$380,123$40,288,677
Program service revenue
Program service revenue 1000000$000$0$34,421,826
Program service revenue 2000000$000$0$5,469,202
Program service revenue 3000000$000$0$214,101
Program service revenue 4000000$000$0$183,548
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$368,070$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$0Real property rental income that does not depend on the income or profits derived by the person leasing the property and is excluded by section 512(b)(3)$12,082$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$-29$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$151,366$13,751$0
$100,600$9,406$0
$97,494$9,749$0
$95,567$9,057$0
$91,701$8,135$0
Total number of other employees paid over $50,00078
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isSchool
Support Schedule
19992000200120022003200420052006
Total$0$0$0$0$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0$0$0$0$0
Membership fees received$0$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$0$0$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Young Harris CollegePO BOX 68, Young Harris, GA 30582-0068GA1942-04$131,091,454
2Board Of Trustees Of Essex County College303 University Ave, Newark, NJ 07102-1719NJ1968-08$125,511,181
3Muskingum College, Muskingum Valley Symphonic Winds191 Hillcrest Dr, New Concord, OH 43762OH1936-05$93,000,185
4Ranken Technical College4431 Finney Ave, Saint Louis, MO 63113-2811MO1935-02$79,670,550
5Santa Fe College3000 Nw 83rd St F40, Gainesville, FL 32606-6210FL1970-04$77,357,330
6North Greenville UniversityPO BOX 1892, Tigerville, SC 29688-1892SC1946-07$69,779,245
7Dean College99 Main St, Franklin, MA 02038-1941MA1946-09$68,025,754
8Cottey College1000 W Austin Blvd, Nevada, MO 64772-2763MO1959-06$62,370,969
9Becker College, Faculty Federation Local 335961 Sever Street, Worcester, MA 01609MA1949-04$55,371,987
10Northwest University5520 108 Ave Ne Davis Admn Bld, Kirkland, WA 98033WA1964-08$41,858,606
11Baker Of Muskegon1050 W Bristol Rd, Flint, MI 48507-5516MI1988-10$35,000,106
12Martin Methodist College433 W Madison St, Pulaski, TN 38478-2716TN1946-12$34,989,707
13Bethany Lutheran College & Seminary Inc700 Luther Dr, Mankato, MN 56001-6192MN1966-03$34,522,021
14Mitchell College437 Pequot Ave, New London, CT 06320-4452CT1946-09$32,522,259
15Watkins Institute2298 Rosa L Parks Blvd, Nashville, TN 37228-1306TN1945-08$7,218,774
16St Josephs Hospital School Of Nursing Inc801 W Girard Ave, Philadelphia, PA 19122-4212PA2007-01$494,567
17Tacoma Bible College106 S 28th St, Tacoma, WA 98402-1099WA2007-03$357,953
18Associated Talmud Torahs Of Chicago2828 W Pratt Blvd, Chicago, IL 60645-4314IL1942-04$0
19Ida Crown Jewish Academy Inc2828 W Pratt Blvd, Chicago, IL 60645-4314IL1958-10$0
20Peacewords Foundation Inc19 Centre St, Danvers, MA 01923-1406MA2006-10$0
Number of organizations performing similar types of work
California2
Connecticut1
Florida2
Georgia1
Illinois4
Kentucky1
Massachusetts3
Michigan2
Minnesota3
Missouri2
North Carolina3
New Jersey1
New York3
Ohio1
Oklahoma1
Pennsylvania1
South Carolina2
Tennessee2
Texas2
Washington2
Total39

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