2024-03-21T14:17:12-05:00 2023-06-30 310800053 CLARK SCHAEFER HACKETT & CO 14 EAST MAIN STREET SUITE 500 SPRINGFIELD OH 45502 990 2022-07-01 310840764 THE CHATFIELD EDGE CHAT 5138753344 20918 STATE ROUTE 251 ST MARTIN OH 45118 ROBERT P ELMORE PRESIDENT 5138753344 2024-03-21 1 ROBERT ELMORE 999009999 0 BRIDGET A BUSH P00234609 9373992000 2024-03-21 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X ROBERT P ELMORE 20918 STATE ROUTE 251 ST MARTIN OH 45118 5555553 0 X CHATFIELDEDGE.ORG X 1972 OH THE CHATFIELD EDGE EMPOWERS AND ACCOMPANIES STUDENTS AS THEY TRANSFORM THEIR LIVES THROUGH THE PURSUIT OF EDUCATION. OUR WORK IS ROOTED IN THE EDUCATIONAL LEGACY OF THE URSULINE SISTERS OF BROWN COUNTY, AND WE WELCOME PEOPLE OF ALL FAITHS OR NO FAITH BACKGROUNDS. 21 20 37 22 0 0 1811894 627831 1485423 435825 385960 822217 119292 50895 3802569 1936768 432254 100242 0 0 1716459 956204 0 0 282196 2504138 1584000 4652851 2640446 -850282 -703678 13777194 12231566 2415055 2243946 11362139 9987620 X THE CHATFIELD EDGE IS A NONPROFIT ORGANIZATION THAT OFFERS A UNIQUE APPROACH TO SUPPORTING FIRST-GENERATION AND NON-TRADITIONAL STUDENTS AS THEY GAIN SUCCESS IN LIFE THROUGH EDUCATION. BUILT UPON THE 177-YEAR-OLD EDUCATIONAL HISTORY OF THE URSULINES OF BROWN COUNTY AND THE LEGACY OF CHATFIELD COLLEGE, THE CHATFIELD EDGE COMBINES STUDENT SUPPORT SERVICES, SCHOLARSHIPS, AND MENTORING TO EMPOWER INDIVIDUALS TO ACHIEVE THEIR LIFE GOALS. SERVICES INCLUDE COLLEGE AND FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) APPLICATION SUPPORT, CAREER COUNSELING, MENTORING, AND SCHOLARSHIP ASSISTANCE. THE CHATFIELD EDGE IS ALSO A MEMBER OF THE GREATER CINCINNATI COLLEGIATE CONNECTION (GC3). 1 1 1394094 100242 435825 THE GOAL OF THE CHATFIELD EDGE IS TO PROVIDE SUPPORT TO FIRST-GENERATION AND NON-TRADITIONAL STUDENTS AS THEY GAIN SUCCESS IN LIFE THROUGH EDUCATION. THE CHATFIELD EDGE COMBINES STUDENT SUPPORT SERVICES, SCHOLARSHIPS, AND MENTORING TO EMPOWER INDIVIDUALS TO ACHIEVE THEIR LIFE GOALS. WE ENCOURAGE INDIVIDUALS TO REACH OUTSIDE OF THEMSELVES TO SERVE OTHERS BY PROVIDING SERVANT-LEADER GUIDANCE. 1394094 1 1 0 0 0 0 1 0 0 1 1 0 0 1 0 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 14 0 1 37 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X ROBERT P ELMORE 5138753344 20918 STATE ROUTE 251 ST MARTIN OH 451189705 ROBERT ELMORE PRESIDENT/CFO 40.00 X X 192074 0 20438 VICTORIA W PARLIN CHAIR 1.00 X X 0 0 0 MARY ELLEN BETZ VICE CHAIR 1.00 X X 0 0 0 STEPHEN J POHLMAN SECRETARY-TREASURER 1.00 X X 0 0 0 JILL HALLAHAN TRUSTEE 1.00 X 0 0 0 WILLIAM L MONTAGUE TRUSTEE 1.00 X 0 0 0 JONATHAN THORNBERRY TRUSTEE 1.00 X 0 0 0 TOMMIE L LEWIS JR TRUSTEE 1.00 X 0 0 0 DAMIAN HOSKINS TRUSTEE 1.00 X 0 0 0 BRADLEY EAST TRUSTEE 1.00 X 0 0 0 KAREN M RISTAU TRUSTEE 1.00 X 0 0 0 MARK S SCHLACHTER TRUSTEE 1.00 X 0 0 0 ANNE CASTLEBERRY TRUSTEE 1.00 X 0 0 0 ERIKA M PETERMAN TRUSTEE 1.00 X 0 0 0 DENISHA PORTER TRUSTEE 1.00 X 0 0 0 KITTY STRAUSS ROSENTHAL TRUSTEE 1.00 X 0 0 0 GERRY SCHUMACHER TRUSTEE 1.00 X 0 0 0 KEITH P SPILLER TRUSTEE 1.00 X 0 0 0 MARVIN SMITH TRUSTEE 1.00 X 0 0 0 SR PATRICIA HOMAN TRUSTEE 1.00 X 0 0 0 MAUREEN KILEY TRUSTEE 1.00 X 0 0 0 KATIE WITTICH TRUSTEE 1.00 X 0 0 0 ROBERT J KNUEVEN TRUSTEE (TERM 03/30/23) 1.00 X 0 0 0 192074 0 20438 1 0 1 0 0 432505 195326 627831 TUITION AND FEES 611710 435825 435825 435825 71227 71227 3768196 599159 3595843 20522 172353 578637 750990 750990 32640 2420 30220 30220 OTHER INCOME 900099 20675 20675 20675 1936768 435825 0 873112 100242 100242 212512 108739 90560 13213 617081 315750 262963 38368 65762 33649 28024 4089 60849 31136 25930 3783 33165 13741 4615 14809 157025 65057 21850 70118 42072 32955 3827 5290 3591 1250 788 1553 140394 71442 53237 15715 136529 69475 51771 15283 586568 298484 222425 65659 GENERAL 209275 42214 161818 5243 REPAIRS AND MAINTENANCE 80345 40884 30467 8994 STUDENT SERVICES 74981 74728 195 58 BAD DEBT EXPENSE 66024 66024 54031 28324 5686 20021 2640446 1394094 964156 282196 37389 510748 174530 34697 162459 157346 207140 324605 57807 6031 9830721 5022707 8432702 4808014 4705167 4149674 0 2240451 13777194 12231566 140720 249999 50098 2224237 1993947 2415055 2243946 X 7144677 6262505 4217462 3725115 11362139 9987620 13777194 12231566 X -703678 117300 -788141 X X 0 1 X 1 1 1 X 2409001 1989821 2283101 1811894 627831 9121648 2409001 1989821 2283101 1811894 627831 9121648 1651 9119997 93415 76690 52367 56842 71227 350541 145133 61047 186153 109292 50895 552520 10024709 0.90980 0.92660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 2 42.22 0 0 0 1 0 40.00 0 4649419 70968 294623 925000 4090010 5977936 57605 -554327 831795 4649419 5065652 59885 1062592 210193 5977936 4965156 52814 247392 199710 5065652 4693248 180501 279660 188253 4965156 0.12770 0.87230 0.00000 1 0 44100 503000 547100 6215446 2977350 3238096 976702 881972 94730 2091473 1163385 928088 4808014 ASSETS HELD FOR SALE 2240451 2240451 X 1377609 117300 -97822 19478 1358131 578637 578637 1936768 2542624 2420 2420 2540204 100242 100242 2640446 PART II, LINE 9: THE CONSERVATION EASEMENTS ARE NOT RECORDED ON THE BOOKS OF THE CHATFIELD EDGE. PART V, LINE 4: ENDOWMENT FUNDS ARE INTENDED TO BE USED FOR SCHOLARSHIPS OR PROGRAM SERVICES SUPPORT. PART X, LINE 2: THE CHATFIELD EDGE IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. CHATFIELD IS SUBJECT TO TAXATION ON ANY UNRELATED BUSINESS INCOME. CHATFIELD'S REPORTING RETURNS ARE SUBJECT TO AUDIT BY FEDERAL AND STATE TAXING AUTHORITIES. NO INCOME TAX PROVISION HAS BEEN INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS AS CHATFIELD HAS DETERMINED IT DOES NOT HAVE UNRELATED BUSINESS INCOME SUBJECT TO TAXATION OR ANY UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: GOVERNMENT AWARDS NETTED WITH TUITION AND FEES -100,242. FUNDRAISING EXPENSE 2,420. PART XI, LINE 4B - OTHER ADJUSTMENTS: CASUALTY GAIN 578,637. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 2,420. PART XII, LINE 4B - OTHER ADJUSTMENTS: GOVERNMENT AWARDS NETTED WITH TUITION AND FEES 100,242. SCHOLARSHIP BRUNCH 32640 32640 2420 32640 32640 2420 2420 30220 1 ELIGIBLE STUDENTS/PELL, FSEOG, STATE 25 97989 PART I, LINE 2: THE BUSINESS OFFICE MAINTAINS RECORDS TO SUBSTANTIATE THE AMOUNTS OF ASSISTANCE DISBURSED, INCLUDING ELIGIBILITY CRITERIA. X X 0 0 0 0 0 0 0 0 0 ROBERT ELMORE PRESIDENT/CFO 192074 0 0 0 0 0 9500 0 10938 0 212512 0 0 0 FORM 990, PART III, LINE 2 IN JANUARY 2023, CHATFIELD COLLEGE TRANSITIONED TO FOCUS ON STUDENT SUPPORT FOR POST-SECONDARY LEARNERS, CALLED THE CHATFIELD EDGE. WHILE WE WILL NO LONGER TEACH CLASSES OR CONFER DEGREES, WE WILL CONTINUE OUR MISSION OF EMPOWERING STUDENTS BY PROVIDING THE RESOURCES AND SUPPORT THEY NEED TO REACH THEIR EDUCATIONAL GOALS. THE CHATFIELD EDGE OFFERS SOME OF THE SERVICES WE HAVE PROVIDED THROUGHOUT OUR 51-YEAR HISTORY, SUCH AS COLLEGE AND FAFSA APPLICATION ASSISTANCE, CAREER COUNSELING, MENTORING, AND SCHOLARSHIP ASSISTANCE. WE ENVISION A WORLD IN WHICH FIRST GENERATION AND UNDERSERVED STUDENTS ARE EQUIPPED WITH RESOURCES TO REACH THEIR EDUCATION AND LIFE GOALS, INCREASING THEIR EMPLOYABILITY, ALLOWING THEM TO THRIVE AND DEEPENING THEIR IMPACT IN THEIR COMMUNITIES. WE ACHIEVE OUR MISSION THROUGH FOUR PILLARS. EDUCATION ENDEAVORS, CHATFIELD SCHOLARS, FUTURE NOW AND SERVANT LEADERS. EDUCATION ENDEAVORS LEAD STUDENTS THROUGH THE PROCESS OF FINDING AND APPLYING FOR THEIR COLLEGE, UNIVERSITY OR TRADE CERTIFICATION PROGRAM OF CHOICE. OUR TRAINED PROGRAM DIRECTOR'S EXTENSIVE KNOWLEDGE IN HIGHER EDUCATION PROVIDES THE STRUCTURE MANY UNDERREPRESENTED STUDENTS NEED TO BE SUCCESSFUL. THIS SUPPORT IS MADE AVAILABLE THROUGH DEGREE COMPLETION. WE STAY CONNECTED WITH OUR STUDENTS AND FOLLOW THROUGH ON THEIR NEEDS, SO THEY ARE MORE THAN PREPARED TO ENTER THEIR CHOSEN CAREER PATH AND JOIN THEIR PREFERRED WORKFORCE. CHATFIELD SCHOLARS REPRESENTS THE DOZENS OF SCHOLARSHIPS THAT ARE AVAILABLE TO BRIDGE THE GAP OF FUNDING THAT MANY LOAN PROGRAMS AND OTHER FUNDING MECHANISMS FOR HIGHER EDUCATION LACK. AND IN TODAY'S ENVIRONMENT OF RAPIDLY RISING PRICES, THIS BENEFIT IS NEEDED MORE THAN EVER. WE SERVE THE UNDER-RESOURCED AND OFTEN REPRESENT THE FUNDER OF LAST RESORT. FUTURE NOW PAIRS OUR FUTURE SCHOLARS WITH KNOWLEDGEABLE MENTORS TO WALK BESIDE THEM DURING THEIR EDUCATION EXPERIENCE. OUR MENTORS ARE SUCCESSFUL PROFESSIONALS WHO CAN PROVIDE THE SUPPORT AND INSIGHT NEEDED TO HELP OUR SCHOLARS SUCCEED, THRIVE, AND EVEN GO BEYOND WHAT THEY THEMSELVES IMAGINE. THE SERVANT LEADERSHIP PILLAR IS BUILT OUT THROUGH COMMUNITY SERVICE OPPORTUNITIES. FOR INNER AND OUTER HEALTH AND GROWTH, OUR CAMPUS REPRESENTS A HUB FOR SERVANT LEADERS AND SCHOLARS TO USE OUR RESOURCES TO CHART THEIR OWN SERVANT LEADERSHIP PATHWAYS. FORM 990, PART III, LINE 3 CHATFIELD COLLEGE HAS MADE THE STRATEGIC DECISION TO TRANSITION FROM AN INSTITUTION OF HIGHER EDUCATION TO A FOCUS ON SUPPORTING EDUCATIONAL ATTAINMENT FOR STUDENTS PURSUING POST-SECONDARY EDUCATION, BEGINNING JANUARY 01, 2023. THEREFORE, FALL 2022 WAS THE FINAL SEMESTER FOR ACADEMIC CLASSES AT OUR INSTITUTION. WHILE OUR MISSION REMAINS, THIS IS A SIGNIFICANT SHIFT IN HOW WE FULFILL OUR MISSION. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED AND APPROVED BY THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS COMPLETED ANNUALLY. POTENTIAL CONFLICTS OF INTEREST ARE DISCUSSED AT A MEETING OF THE BOARD AND ANY INDIVIDUAL WITH A CONFLICT OF INTEREST MUST DISCLOSE AND EXCUSE THEMSELVES FROM ANY VOTE INVOLVING THE MATTER IN QUESTION. IF AT ANY TIME AN INTERESTED PERSON DISCLOSES OR IT IS DISCOVERED TO HAVE A POTENTIAL OR ACTUAL CONFLICT, THE MATTER IS HANDLED IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 PROVIDED UPON REQUEST. FORM 990, PART XI, LINE 9: IMPAIRMENT LOSS -675,141. PURCHASE OF NON-CONTROLLING INTEREST IN SUBSIDIARY -113,000. FORM 990, PART XXII, LINE 2C: THE PROCESS HAS NOT CHANGED. CHATFIELD FM PROPERTY LLC 20918 STATE ROUTE 251 ST MARTIN OH 45118 471061694 TO INVEST IN 1544 CENTRAL PARKWAY, LLC, WHICH WILL DEVELOP AND OWN PROPERTY OH 809890 1372442 THE CHATFIELD EDGE 1544 CENTRAL PARKWAY LLC 20918 STATE ROUTE 251 ST MARTIN OH 45118 364787505 OWNERSHIP, REHABILITATION AND RENTAL OF HISTORIC STRUCTURE OH CHATFIELD FM PROPERTY LLC INVESTMENT -809890 2242206 0 1 0.01000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0