Skip to main content

Nonprofit · EIN 04-6134696

FIVE COLLEGES INCORPORATED

Tax-exempt · AMHERST, MA 01002

Financials

$10M$10.3M2022$9.9M$11.4M2023$10.2M$11.5M2024
Revenue Expenses · by fiscal year end
Financials of FIVE COLLEGES INCORPORATED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$10,185,646$11,498,737-$1,313,091$35,078,948$7,272,350$27,806,598
June 30, 2024990$9,924,964$11,422,557-$1,497,593$35,194,039$8,098,376$27,095,663
June 30, 2023990$10,026,013$10,327,953-$301,940$35,196,036$8,534,584$26,661,452
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$762,313
of which government grants
$268,662
Program service revenue
$8,708,722
Investment income
$714,611
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$680,499
Other salaries and wages
$2,432,045
Salaries, compensation and benefits (total)
$3,899,853
Professional fundraising fees
$0
Legal fees
$12,976
Accounting fees
$30,777
Occupancy
$397,141
Travel
$341,313
Depreciation
$583,032
Program services (functional)
$9,253,045
Management and general (functional)
$2,086,010
Fundraising (functional)
$159,682

Balance sheet and other

Total assets, start of year
$35,194,039
Total assets, end of year
$35,078,948
Total liabilities, end of year
$7,272,350
Net assets, end of year
$27,806,598
Land, buildings and equipment
$8,148,156
Publicly traded securities
$21,882,179
Net assets without donor restrictions
$6,656,679
Net assets with donor restrictions
$21,149,919
Gross unrelated business income
$104,141
Gross receipts
$10,185,646
Employees
111
Volunteers
20
Year formed
1965
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
SARAH PFATTEICHEREXECUTIVE DIRECTOR/CLERK
Officer
40$324,607$49,590
YVETTE MORNEAUTREASURER
Officer
40$154,294$28,787
RUTH RAULUKDIRECTOR OF RISK MANAGMENT
Highest-paid employee
40$136,009$27,866
THOMAS BRENNANDIRECTOR OF INFORMATION TECHNOLOGY
Highest-paid employee
40$123,197$33,801
RAYMOND RENNARDDIRECTOR OF ACADEMIC PROGRAMS
Highest-paid employee
40$126,525$16,905
LASHONDA PETTIFORDASSISTANT TREASURER
Officer
40$120,732$20,413
INA CLARKDIR. OF DEV. & SPONSORED PROGRAMS
Highest-paid employee
40$108,544$21,246
ANNE PRESCOTTDIRECTOR, FCC FOR EAST ASIAN STUDIES
Highest-paid employee
40$105,979$20,115
MICHAEL ELLIOTPRESIDENT
Trustee or director, Officer
2$0$0
DANIELLE REN HOLLEYVICE PRESIDENT
Trustee or director, Officer
2$0$0
SARAH WILLIE-LEBRETONBOARD MEMBER
Trustee or director
1$0$0
JAVIER REYESBOARD MEMBER
Trustee or director
1$0$0
EDWARD WINGEBACHBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensationOther / benefits
SARAH PFATTEICHEREXECUTIVE DIRECTOR/CLERK
Officer
40$298,083$47,875
YVETTE MORNEAUTREASURER
Officer
40$143,739$15,342
RUTH RAULUKDIRECTOR OF RISK MANAGMENT
Highest-paid employee
40$123,823$30,479
RAYMOND RENNARDDIRECTOR OF ACADEMIC PROGRAMS
Highest-paid employee
40$115,308$16,470
LASHONDA PETTIFORDASSISTANT TREASURER
Officer
40$110,457$19,897
MICHAEL ELLIOTVICE PRESIDENT
Trustee or director, Officer
2$0$0
EDWARD WINGEBACHPRESIDENT
Trustee or director, Officer
2$0$0
JAVIER REYESBOARD MEMBER
Trustee or director
1$0$0
DANIELLE REN HOLLEYBOARD MEMBER
Trustee or director
1$0$0
SARAH WILLIE-LEBRETONBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
SARAH PFATTEICHEREXECUTIVE DIRECTOR/CLERK
Officer
40$274,215$42,414
YVETTE MORNEAUTREASURER
Officer
40$133,040$14,510
RUTH RAULUKDIRECTOR OF RISK MANAGMENT
Highest-paid employee
40$118,719$27,960
MARIA TOYOFUKUDIR. OF IT AND ENTERPRISE INITIATIVE
Highest-paid employee
40$112,040$13,613
RAYMOND RENNARDDIRECTOR OF ACADEMIC PROGRAMS
Highest-paid employee
40$108,603$13,460
LASHONDA PETTIFORDASSISTANT TREASURER
Officer
40$102,251$13,004
EDWARD WINGEBACHPRESIDENT
Trustee or director, Officer
2$0$0
KUMBLE SUBBASWAMYVICE PRESIDENT
Trustee or director, Officer
1$0$0
MICHAEL ELLIOTBOARD MEMBER
Trustee or director
1$0$0
KATHLEEN MCCARTNEYBOARD MEMBER
Trustee or director
1$0$0
BEVERLY DANIEL TATUMBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
97 SPRING ST, AMHERST, MA 01002-2324
In care of
% GAIL PORTER
Principal officer (990 for 2024)
YVETTE MORNEAU, 97 SPRING STREET, AMHERST, MA 01002
Signed the 990
YVETTE MORNEAU, TREASURER
Phone
(413) 542-4000
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

TO PROMOTE THE BROAD EDUCATIONAL AND CULTURAL OBJECTIVES OF THE AFFILIATED INSTITUTIONS OF AMHERST, SMITH, HAMPSHIRE AND MOUNT HOLYOKE COLLEGES AND UNIVERSITY OF MASSACHUSETTS AMHERST BY ENCOURAGING COOPERATION, PROMOTING OPPORTUNITIES FOR JOINT EDUCATION AND ADMINISTRATION.

990 for the year ended June 30, 2025

Program accomplishments

  • PROVIDES COOPERATIVE PROGRAMS SUCH AS STUDENT INTERCHANGE, LIBRARY DEPOSITORY AND OPEN BORROWING AGREEMENTS, JOINT CURRICULAR PROGRAMS, AND JOINT ADMINISTRATIVE PROGRAMS FOR THE FIVE MEMBER INSTITUTIONS (30,000 STUDENTS & FACULTY).
    Expenses $5,851,634 · revenue $5,942,368
  • OPERATION OF FIBER OPTIC NETWORK TO CONNECT THE FIVE CAMPUSES WITH HIGH-SPEED BROADBAND INTERNET ACCESS (30,000 STUDENTS & FACULTY SERVED).
    Expenses $335,902 · revenue $114,676
  • JOINT FACULTY APPOINTMENTS AND DEVELOPMENT (30,000 STUDENTS & FACULTY SERVED).
    Expenses $2,325,164 · revenue $1,905,333
  • STUDENT SERVICES PROGRAMS: THE OPERATION OF A FARE-FREE BUS & VAN SYSTEM RUN BY PVTA (990 PART IX LINE 24B) THAT CARRIES OVER 1,000,000 PASSENGERS ANNUALLY. THIS PRIMARILY BENEFITS STUDENTS AND FACULTY OF MEMBER INSTITUTIONS (1,000,000 RIDERS)
    Expenses $740,345 · revenue $746,345

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
04-6134696
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1966
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B120)
Assets (IRS master file)
$35,078,948
Income (IRS master file)
$10,185,646

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$10,185,646$11,498,737$35,078,948IRS
990-TJune 2025–––IRS
990June 2024$9,924,964$11,422,557$35,194,039IRS
990-TJune 2024–––IRS
990June 2023$10,026,013$10,327,953$35,196,036XML
990-TJune 2023–––IRS
990June 2022$10,361,692$9,934,528$34,378,872IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-6134696).

Questions about FIVE COLLEGES INCORPORATED

What is the EIN of FIVE COLLEGES INCORPORATED?
The employer identification number (EIN) of FIVE COLLEGES INCORPORATED is 04-6134696.
Is FIVE COLLEGES INCORPORATED tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1966.
Are donations to FIVE COLLEGES INCORPORATED tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FIVE COLLEGES INCORPORATED file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FIVE COLLEGES INCORPORATED due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FIVE COLLEGES INCORPORATED last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of FIVE COLLEGES INCORPORATED?
The 990 for the year ended June 30, 2025 names YVETTE MORNEAU.
Who are the officers and directors of FIVE COLLEGES INCORPORATED?
The 990 for the year ended June 30, 2025 lists 13 people; 8 received compensation from the organization, the highest $324,607 (SARAH PFATTEICHER, EXECUTIVE DIRECTOR/CLERK).
How much revenue does FIVE COLLEGES INCORPORATED have?
On its 990 for the year ended June 30, 2025 it reported revenue of $10,185,646, expenses of $11,498,737 and total assets of $35,078,948 at year end.

Other nonprofits in AMHERST

All nonprofits in AMHERST · Massachusetts · Education