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TIN: 41-0693962
Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
Attach to Form 990.
Go to
www.irs.gov/Form990
for instructions and the latest information.
OMB No. 1545-0047
20
20
Open to Public Inspection
Name of the organization
MACALESTER COLLEGE
Employer identification number
41-0693962
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
First-class or charter travel
Housing allowance or residence for personal use
Travel for companions
Payments for business use of personal residence
Tax idemnification and gross-up payments
Health or social club dues or initiation fees
Discretionary spending account
Personal services (e.g., maid, chauffeur, chef)
b
If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain
.....
1b
Yes
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a?
....
2
Yes
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
Compensation committee
Written employment contract
Independent compensation consultant
Compensation survey or study
Form 990 of other organizations
Approval by the board or compensation committee
4
During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment?
.............
4a
No
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan?
.........
4b
No
c
Participate in, or receive payment from, an equity-based compensation arrangement?
.........
4c
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization?
....................
5a
No
b
Any related organization?
.......................
5b
No
If "Yes," on line 5a or 5b, describe in Part III.
6
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization?
..................
6a
No
b
Any related organization?
......................
6b
No
If "Yes," on line 6a or 6b, describe in Part III.
7
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III
............
7
No
8
Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III
..........................
8
No
9
If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)?
.........................
9
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2020
Schedule J (Form 990) 2020
Page
2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees.
Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note.
The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A)
Name and Title
(B)
Breakdown of W-2 and/or 1099-MISC compensation
(C)
Retirement and other deferred compensation
(D)
Nontaxable
benefits
(E)
Total of columns
(B)(i)-(D)
(F)
Compensation in column (B) reported as deferred on prior Form 990
(i)
Base
compensation
(ii)
Bonus & incentive
compensation
(iii)
Other
reportable compensation
1
BRIAN ROSENBERG
PRESIDENT
(i)
(ii)
563,209
-------------
0
0
-------------
0
68,810
-------------
0
28,500
-------------
0
41,125
-------------
0
701,644
-------------
0
0
-------------
0
2
SUZANNE M RIVERA
PRESIDENT
(i)
(ii)
313,252
-------------
0
0
-------------
0
22,705
-------------
0
4,333
-------------
0
48,036
-------------
0
388,326
-------------
0
0
-------------
0
3
GARY MARTIN
CHIEF INVESTMENT OFFICER
(i)
(ii)
347,344
-------------
0
0
-------------
0
2,431
-------------
0
21,103
-------------
0
12,492
-------------
0
383,370
-------------
0
0
-------------
0
4
DAVID WHEATON
VP OF ADMIN AND FINANCE
(i)
(ii)
286,405
-------------
0
0
-------------
0
3,774
-------------
0
16,299
-------------
0
17,607
-------------
0
324,085
-------------
0
0
-------------
0
5
DAVID A BROWN
VP FOR ADVANCEMENT
(i)
(ii)
255,582
-------------
0
0
-------------
0
10,149
-------------
0
15,597
-------------
0
16,264
-------------
0
297,592
-------------
0
0
-------------
0
6
KARINE MOE
PROVOST/DEAN OF FACULTY
(i)
(ii)
244,887
-------------
0
0
-------------
0
1,055
-------------
0
15,046
-------------
0
16,339
-------------
0
277,327
-------------
0
0
-------------
0
7
DONNA LEE
VP FOR STUDENT AFFAIRS
(i)
(ii)
184,452
-------------
0
0
-------------
0
721
-------------
0
11,205
-------------
0
44,298
-------------
0
240,676
-------------
0
0
-------------
0
8
DERRICK GRIFFEN
DIR OF ALT INVESTMENTS
(i)
(ii)
208,385
-------------
0
0
-------------
0
205
-------------
0
12,872
-------------
0
16,221
-------------
0
237,683
-------------
0
0
-------------
0
9
JEFFREY ALLEN
VP FOR ADMISS. & FIN. AID
(i)
(ii)
202,209
-------------
0
0
-------------
0
186
-------------
0
12,115
-------------
0
6,975
-------------
0
221,485
-------------
0
0
-------------
0
10
JENNIFER HAAS
AVP FOR IT SERVICES
(i)
(ii)
176,392
-------------
0
0
-------------
0
247
-------------
0
10,868
-------------
0
18,409
-------------
0
205,916
-------------
0
0
-------------
0
11
DIANE MICHELFELDER
PROFESSOR
(i)
(ii)
180,581
-------------
0
0
-------------
0
2,088
-------------
0
10,896
-------------
0
12,289
-------------
0
205,854
-------------
0
0
-------------
0
12
PAUL OVERVOORDE
VICE PROVOST/SPEC. ASST. TO PRESIDEN
(i)
(ii)
166,964
-------------
0
0
-------------
0
337
-------------
0
10,030
-------------
0
16,106
-------------
0
193,437
-------------
0
0
-------------
0
13
STEPHANIE WALTERS
MEDICAL DOCTOR
(i)
(ii)
162,850
-------------
0
0
-------------
0
210
-------------
0
9,010
-------------
0
15,584
-------------
0
187,654
-------------
0
0
-------------
0
Schedule J (Form 990) 2020
Schedule J (Form 990) 2020
Page
3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.
Return Reference
Explanation
PART I, LINE 1A
TRAVEL FOR COMPANIONS: THE COLLEGE ONLY PAYS THE TRAVEL EXPENSES OF THE PRESIDENT'S SPOUSE IF THE PURPOSE OF THEIR TRIP IS RELATED TO COLLEGE BUSINESS. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: THE COLLEGE'S PRESIDENT AND THE COLLEGE'S VICE PRESIDENT FOR STUDENT AFFAIRS ARE PROVIDED WITH HOUSES AS CONDITIONS OF EMPLOYMENT. THE HOUSES ARE USED FOR BOTH BUSINESS AND PERSONAL PURPOSES. HOUSEKEEPING SERVICES ARE ALSO PROVIDED. PERSONAL SERVICES: THE COLLEGE PAYS FOR THE PRESIDENT'S TAX PREPARATION AND ESTATE PLANNING. PERSONAL SERVICES ARE TREATED AS TAXABLE COMPENSATION. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: ELIGIBLE COLLEGE EMPLOYEES RECEIVE AN ANNUAL RETIREMENT PLAN CONTRIBUTION FROM THE COLLEGE EQUAL TO 10% OF ELIGIBLE SALARY, SUBJECT TO IRS ANNUAL LIMITS. BECAUSE THE RETIREMENT CONTRIBUTION FOR THE PRESIDENT HITS THE IRS LIMIT, THE COLLEGE SUPPLEMENTS THE PRESIDENT'S ANNUAL COMPENSATION WITH AN AMOUNT THAT BRINGS THE RETIREMENT PLAN CONTRIBUTION TO THE LEVEL OF OTHER PARTICIPANTS IN THE PLAN. THE COLLEGE OFFSETS THE INCOME TAX BURDEN OF THIS ADDITIONAL COMPENSATION BY GROSSING UP THE WAGES FOR THE YEAR. THIS ADDITIONAL COMPENSATION IS REPORTED ON THE EMPLOYEE'S W-2. THE COLLEGE SUPPLEMENTS THE LIFE INSURANCE OFFERED THROUGH ITS BENEFIT PLANS WITH AN ADDITIONAL POLICY FOR THE PRESIDENT OF THE COLLEGE. THE PRESIDENT PAYS THE ANNUAL PREMIUM FOR THE POLICY AND IS REIMBURSED BY THE COLLEGE. UNDER IRS RULES, THIS PAYMENT MUST BE REPORTED AS TAXABLE COMPENSATION TO THE EMPLOYEE. THE COLLEGE OFFSETS THE INCOME TAX BURDEN OF THIS COMPENSATION BY GROSSING UP THE WAGES FOR THE YEAR. THE ADDITIONAL COMPENSATION IS REPORTED ON THE EMPLOYEE'S W-2.
Schedule J (Form 990) 2020
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