2026-05-08T14:12:01-05:00 2025-06-30 135565207 KPMG LLP 3555 FARNAM STREET SUITE 700 OMAHA NE 68131 990 2024-07-01 470376525 HASTINGS COLLEGE HAST 4024632402 710 N TURNER AVE HASTINGS NE 689017696 STEPHANIE OURADA CFO 4024632402 2026-05-04 1 1 SOPHIE R KING P02233384 4023481450 2026-05-04 2024 2025-03-06 01:10:19Z STEPHANIE OURADA 710 N TURNER AVE HASTINGS NE 689017696 58355687 0 X WWW.HASTINGS.EDU X 1882 NE HASTINGS COLLEGE IS A PRIVATE, CO-EDUCATION, RESIDENTIAL, LIBERAL ARTS COLLEGE FOUNDED IN 1882. 23 23 566 23 0 0 22770556 11793655 41798911 40374813 2771723 4131647 1526921 1892394 68868111 58192509 23570678 23544348 0 0 13946434 13695795 0 0 823148 19603419 19474730 57120531 56714873 11747580 1477636 167088563 169850273 29211752 25611023 137876811 144239250 X HASTINGS COLLEGE IS A PRIVATE, CO-EDUCATION, RESIDENTIAL, LIBERAL ARTS COLLEGE FOUNDED IN 1882. 0 0 53981377 23544348 42241270 SEE SCHEDULE OFOUNDED IN 1882, HASTINGS COLLEGE IS A FOUR-YEAR, PRIVATE, LIBERAL ARTS COLLEGE IN HASTINGS, NEBRASKA. THE COLLEGE SITS ON 120 ACRES WITH MORE THAN 40 ACADEMIC, RESIDENTIAL, AND ATHLETIC BUILDINGS; ENROLLS 871 STUDENTS FROM 34 STATES AND 21 FOREIGN COUNTRIES; AND IS FULLY ACCREDITED BY THE HIGHER LEARNING COMMISSION. HASTINGS COLLEGE OPERATES ON A MODIFIED BLOCK SCHEDULE TO PROVIDE MORE INTENSIVE LEARNING INTERACTIONS BETWEEN STUDENTS AND FACULTY. GRADUATION REQUIREMENTS INCLUDE COMPLETION OF 120 HOURS OF CREDITS.HASTINGS COLLEGE STRIVES TO PROVIDE THE HIGHEST QUALITY LIBERAL ARTS EDUCATION FOR ITS STUDENTS WHILE SERVING AS AN IMPORTANT EDUCATIONAL AND CULTURAL CENTER FOR THE HASTINGS COMMUNITY AND SOUTH CENTRAL NEBRASKA. ITS MISSION IS AS FOLLOWS: "FORMED THROUGH EXCEPTIONAL TEACHING, DELIBERATE MENTORING, WELCOMING AND PARTICIPATORY COMMUNITY, HASTINGS COLLEGE SENDS FORTH CREATIVE, CURIOUS, CARING STUDENTS WHO THRIVE AS CITIZENS AND LEADERS OF THEIR LOCAL AND GLOBAL COMMUNITIES."HASTINGS COLLEGE OFFERS MORE THAN 40 ACADEMIC MAJORS AND 14 PRE-PROFESSIONAL PROGRAMS AND BESTOWS BACHELOR OF ARTS, BACHELOR OF MUSIC, AND MASTER OF ARTS IN TEACHING DEGREES. THE TOP MAJORS OF FULL-TIME STUDENTS ARE BUSINESS ADMINISTRATION, EXERCISE SCIENCE, BIOLOGY, ELEMENTARY EDUCATION, AND WILDLIFE BIOLOGY. WITH A STUDENT-TO-FACULTY RATIO OF 14-TO-1, THE COLLEGE OFFERS ITS STUDENTS PERSONALIZED CONTACT WITH DEDICATED PROFESSORS FROM SOME OF THE NATION'S TOP GRADUATE PROGRAMS. NINETY PERCENT OF FULL-TIME FACULTY HAVE A DOCTORATE OR OTHER TERMINAL DEGREE.IN RECENT YEARS, HASTINGS COLLEGE HAS DEVELOPED IMPORTANT WORKFORCE PARTNERSHIPS, ENHANCED ITS CAMPUS FACILITIES, AND SECURED SIGNIFICANT SUPPORT FROM TRUSTEES, ALUMNI, AND FOUNDATIONS. IN 2023, HASTINGS COLLEGE, BRYAN COLLEGE OF HEALTH SCIENCES, AND MARY LANNING HEALTHCARE OPENED THE LINDA AND TIM DAUGHERTY EDUCATIONAL CENTER FOR HEALTH PROFESSIONS AT MARY LANNING'S NEW MEDICAL OFFICE BUILDING. THE 15,000-SQUARE-FOOT CENTER, WHICH CONTAINS CLASSROOMS, SKILLS LABORATORY, AND SIMULATION CENTER, SERVES STUDENTS ENROLLED IN THE BACHELOR OF SCIENCE IN NURSING PROGRAM WHO TAKE SCIENCE AND GENERAL EDUCATION COURSES AT HASTINGS COLLEGE AND LIVE IN CAMPUS RESIDENCE HALLS. THIS WORKFORCE CATALYST ADDRESSES THIS REGION'S CRITICAL NEED FOR MORE REGISTERED NURSES WHILE INCREASING HASTINGS COLLEGE'S NET TUITION REVENUE AND STUDENT HOUSING OCCUPANCY.IN PARTNERSHIP WITH THE SUZANNE AND WALTER SCOTT FOUNDATION AND SCOTT RESIDENTIAL MANAGEMENT (SRM), HASTINGS COLLEGE IS IMPROVING ITS RESIDENTIAL INFRASTRUCTURE BY UPGRADING FURNISHINGS AND COMMON SPACES IN CAMPUS APARTMENTS AND RESIDENCE HALLS AND RENOVATING THE HAZELRIGG STUDENT UNION. THE PARTNERS ARE ALSO CONSTRUCTING A 322-BED, 136,000-SQUARE-FOOT RESIDENCE HALL NAMED "THE 1882" IN HONOR OF THE COLLEGE'S FOUNDING YEAR. THE FOUR-STORY, U-SHAPED BUILDING, SCHEDULED TO OPEN IN FALL 2026, WILL FEATURE FOUR- AND TWO-BEDROOM UNITS AND STUDIO-STYLE ROOMS, AS WELL AS WORKOUT SPACE, CENTER COURTYARD, AND AMENITIES OPEN TO ALL STUDENTS. ANOTHER MAJOR CONSTRUCTION PROJECT THIS PAST YEAR WAS THE REFURBISHING OF THE JACK OSBORNE TRACK COMPLEX INCLUDING A RESURFACED, EIGHT-LANE TRACK AND BLEACHERS SEATING 500.IN 2024, THE COLLEGE ANNOUNCED THE CREATION OF THE DOERR CENTER FOR CIVIC ENGAGEMENT, WHICH WILL INCLUDE TARGETED INITIATIVES PERTAINING TO CITIZENSHIP AND ACTIVE ENGAGEMENT ACROSS THE CURRICULUM.THE CENTER WAS FUNDED BY ROGER AND KAREN DOERR OF HASTINGS, NEBRASKA.IN COORDINATION WITH CENTRAL COMMUNITY COLLEGE, HASTINGS COLLEGE IS OFFERING TWO NEW MAJORS PREPARING EDUCATION GRADUATES TO TEACH CAREER-READY COURSES IN NEBRASKA'S HIGH SCHOOLS. AGRICULTURAL EDUCATION GRADUATES WILL TEACH COURSES IN AGRICULTURE, FOOD, AND NATURAL RESOURCES. SKILLED AND TECHNICAL SCIENCES MAJORS WILL TEACH IN ARCHITECTURE AND CONSTRUCTION; ENERGY AND ENGINEERING; MANUFACTURING; AND TRANSPORTATION, DISTRIBUTION, AND LOGISTICS. THE DEPARTMENT OF EDUCATION HAS DESIGNATED "CAREER AND TECHNICAL EDUCATION" A TEACHER SHORTAGE AREA IN NEBRASKA. ANOTHER NEW ACADEMIC PROGRAM IS ENVIRONMENTAL STUDIES, AN INTERDISCIPLINARY MAJOR HOUSED IN THE PSYCHOLOGY AND SOCIOLOGY DEPARTMENT. HASTINGS COLLEGE IS DEEPLY ENTRENCHED IN THE LOCAL COMMUNITY AND HIGHLY REGARDED FOR ITS EDUCATIONAL AND CULTURAL PROGRAMS, MANY OF WHICH ARE FREE AND OPEN TO THE PUBLIC. THESE INCLUDE GUEST LECTURES AND SYMPOSIA, CONCERTS AND RECITALS, ART EXHIBITS, AND THEATER PRODUCTIONS. STUDENTS, FACULTY, AND STAFF ARE ACTIVE IN THE COMMUNITY AS CIVIC LEADERS AND VOLUNTEERS. IN RECOGNITION OF STUDENTS' COMMUNITY SERVICE, HASTINGS COLLEGE OFFERS A SERVICE LEARNING CERTIFICATE FOR STUDENTS WISHING TO ALIGN THEIR SERVICE WORK WITH ACADEMIC REFLECTION AND INTELLECTUAL INQUIRY. 53981377 1 1 0 0 0 0 1 1 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 1423 0 1 566 1 0 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X STEPHANIE OURADA 4024617300 710 N TURNER AVE HASTINGS NE 689017621 ANN MARTIN BOARD CHAIR 1.00 2.00 X X 0 0 0 VINCE COOK BOARD SECRETARY 1.00 0.00 X X 0 0 0 JOHN DEBOER BOARD VICE CHAIR 1.00 0.00 X X 0 0 0 GLEN MOSS TRUSTEE 1.00 2.00 X 0 0 0 HAROLD DITTMER TRUSTEE 1.00 2.00 X 0 0 0 JESSICA MEESKE TRUSTEE 1.00 0.00 X 0 0 0 JUSTIN OSBORNE TRUSTEE 1.00 0.00 X 0 0 0 KIM DINSDALE TRUSTEE 1.00 2.00 X 0 0 0 GREG ALLEN-PICKETT TRUSTEE 1.00 0.00 X 0 0 0 RICHARD LOUTZENHEISER TRUSTEE 1.00 0.00 X 0 0 0 MARCY LUTH TRUSTEE 1.00 2.00 X 0 0 0 WILLIAM BARRETT TRUSTEE 1.00 2.00 X 0 0 0 PAUL KRIEGER TRUSTEE 1.00 0.00 X 0 0 0 GARY FREEMAN TRUSTEE 1.00 2.00 X 0 0 0 CARMEN MAURER TRUSTEE 1.00 0.00 X 0 0 0 ROB ANDREWS TRUSTEE 1.00 0.00 X 0 0 0 JENNIFER ERICKSON BAAK TRUSTEE 1.00 0.00 X 0 0 0 JILL FARRELL TRUSTEE 1.00 0.00 X 0 0 0 JILLIAN FICKENSCHER TRUSTEE 1.00 0.00 X 0 0 0 ATL MARTINEZ TRUSTEE 1.00 0.00 X 0 0 0 DANETTE ANDLEY TRUSTEE 1.00 0.00 X 0 0 0 JEREMY ANRENSDORF TRUSTEE 1.00 0.00 X 0 0 0 JOHN HEWITT TRUSTEE 1.00 0.00 X 0 0 0 CATHY PEETZ TRUSTEE (END 1/2025) 1.00 0.00 X 0 0 0 ALEX EISELE TRUSTEE (END 10/2024) 1.00 0.00 X 0 0 0 STEPHANIE OURADA CHIEF FINANCIAL OFFICER 40.00 0.00 X 171706 0 8583 RICHARD LLOYD EXECUTIVE PRESIDENT 32.00 8.00 X 0 0 0 KITTIE GRACE ASSOC DEAN/ACADEMIC AFFAIRS 0.00 0.00 X 108027 0 4948 CHRISTOPHER CLEMENTS ATHLETIC DIRECTOR 40.00 0.00 X 110132 0 17479 PATRICIA KINGSLEY CHIEF INFORMATION OFFICER 40.00 0.00 X 104129 0 16065 CHELSEA LEMAR FOUNDATION EXECUTIVE DIRECTOR 0.00 40.00 X 122244 0 16761 MATTHEW FRANZEN HEAD COACH - FOOTBALL 1.00 0.00 X 100256 0 15258 LYNN FEEKEN CONTROLLER 32.00 0.00 X 101017 0 26908 JOHN SCHNEIDER FACULTY PROFESSOR 1.00 0.00 X 104277 0 9885 ANNETTE VARGAS VP- STUDENT ACCESS/ENROLLMENT 40.00 0.00 X 127964 0 6396 1049752 0 122283 9 1 1 0 NATIONAL MANAGEMENT RESOURCES CORP 113 CORPORATE PARK EAST DRIVE LAGRANGE GA 30241 CUSTODIAL / MAINTENANCE CONTRACTOR 1925954 MAMMOTH SPORTS CONSTRUCTION LLC 601 E WYANDOTTE ST MERIDEN KS 66512 CONSTRUCTION WORK ON TRACK 831685 GLASS EDGE OF CENTRAL NEBRASKA 323 E HWY 30 SHELTON NE 68876 CUSTODIAL / MAINTENANCE CONTRACTOR 622016 BSN SPORTS INC 14460 VARSITY BRANDS WAY FARMERS BRANCH TX 75244 SPORTS EQUIPMENT 366394 RUTT'S HEATING AND AIR 1001 W 1ST ST HASTINGS NE 68901 CUSTODIAL / MAINTENANCE CONTRACTOR 330081 18 600250 11193405 755581 11793655 TUITION AND FEES 611310 32611276 32611276 SALES & SVCS OF AUX EN 611310 7763537 7763537 40374813 4267961 4267961 48479 22542 25937 25937 25937 4322 140636 -136314 -136314 -136314 OTHER REVENUE 900099 1866457 1866457 1866457 58192509 42241270 0 4157584 23544348 23544348 1049752 422692 504816 122244 10074962 9113094 560501 401367 490813 411356 52875 26582 1343747 1176559 108573 58615 736521 623162 75614 37745 117484 92590 23467 1427 133407 133407 359301 359301 219709 218904 805 2463723 2414000 6807 42916 2062955 2061972 983 1406391 1279770 38260 88361 159454 142285 9450 7719 1097991 1097991 2993421 2993421 1316980 1316980 CONTRACT SERVICES 4663568 4322986 320063 20519 BOOKS AND COMPUTER 739582 723148 14397 2037 CONTRACT FOOD SERVICE 705501 705501 DUES AND SUBS 223577 155341 62710 5526 811686 805976 -592 6302 56714873 53981377 1910348 823148 0 0 5800212 7647310 609810 855000 175106 110766 0 0 0 0 0 0 1242756 1044978 0 0 110967837 49729580 58589946 61238257 96947478 96179686 0 0 0 0 0 0 3723255 2774276 167088563 169850273 2240603 2675231 0 0 253072 126904 0 0 0 0 0 0 23727913 19806142 0 0 2990164 3002746 29211752 25611023 X 39954964 45841427 97921847 98397823 137876811 144239250 167088563 169850273 1477636 4884803 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 1 1 0 1 X X 0 105785122 1641135 8398734 9245982 106579009 103044668 976647 7960656 6196849 105785122 101507493 1272406 7028489 6763720 103044668 113074932 3946549 -8961507 6552481 101507493 98322617 2393549 19847781 7489015 113074932 0.23390 0.61160 0.15450 0 0 8051411 2883740 10935151 76501341 34202276 42299065 7329396 3268797 4060599 15610170 12258507 3351663 591779 591779 61238257 CUSTODIAL FUNDS 203125 ANNUITIES PAYABLE 1242359 ASSET RETIREMENT OBLIGATION 1557262 3002746 X PART II, LINE 9: CONSERVATION EASEMENTS THIS RELATES TO A HISTORIC CLASSROOM THAT IS CURRENTLY BEING USED AND BEING REPORTED ON THE BALANCE SHEET. CURRENTLY THERE ARE NO PRESERVATION OR RESTORATION ACTIVITIES RELATED TO THE CLASSROOM. PART III, LINE 4: HASTINGS COLLEGE HAS AN ART COLLECTION THAT IS KEPT IN THE DINSDALE ART BUILDING WHICH IS USED TO SUPPORT THE LIBERAL ARTS EDUCATION AT THE COLLEGE. PART V, LINE 4: ENDOWMENT FUNDS ARE ALL USED FOR THE COLLEGE'S EXEMPT PURPOSE, INCLUDING SCHOLARSHIPS TO STUDENTS, SALARIES FOR ENDOWED DEPARTMENT CHAIRS, MAINTENANCE OF CLASSROOM BUILDINGS, THE LIBRARY AND EQUIPMENT. PART X, LINE 2: THE COLLEGE'S OPERATIONS ARE TAX EXEMPT UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE, AND ACCORDINGLY, THE FINANCIAL STATMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES. THE COLLEGE ACCOUNTS FOR UNCERTAINTIES IN ACCOUNTING FOR INCOME TAX ASSETS AND LIABILITIES USING THE GUIDANCE INCLUDED IN FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, INCOME TAXES. THE COLLEGE RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. DURING THE YEARS ENDED JUNE 30, 2025 AND 2024, THE COLLEGE DID NOT RECORD ANY AMOUNTS RELATED TO UNCERTAIN TAX POSITIONS OR ANY ACCRUED INTEREST AND PENALTIES. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE NONDISCRIMINATORY POLICY IS MADE KNOWN THROUGH VARIOUS HASTINGS COLLEGE PUBLICATIONS READ PRIMARILY BY STUDENTS AND OTHER COLLEGE PERSONNEL. THE POLICY IS NOTED IN THE ADMISSIONS CATALOG AND THE COLLEGE HAS USED THE HASTINGS DAILY TRIBUNE, WHICH IS THE LOCAL DAILY NEWSPAPER. THE COLLEGE ATTEMPTS THROUGH OTHER NEWS MEDIA TO MAKE THIS KNOWN, BUT THE ONES LISTED ABOVE ARE THE MOST COMMONLY USED. SCHEDULE E, PART I, LINE 6 GOVERNMENT GRANTS INCLUDE STATE AND FEDERAL GRANTS AWARDED TO STUDENTS WITH FINANCIAL NEED INCLUDING THE COLLEGE WORK-STUDY PROGRAM. THESE GRANT DOLLARS ARE AWARDED DIRECTLY TO QUALIFYING STUDENTS. 1 0 0 SCHOLARSHIPS 922 23172043 FMV CASH N/A PART I, LINE 2: MONITORING USE OF FUNDS THE ONLY GRANTS MADE ARE TO THE STUDENTS OF HASTINGS COLLEGE IN THE FORM OF SCHOLARSHIPS TO ASSIST IN PAYING FOR EDUCATION. GRANTS WERE AS FOLLOWS: INSTITUTIONAL AID $ 17,722,485 STATE AID $ 457,147 PRIVATE SCHOLARSHIPS $ 4,667,738 SCOTT SCHOLARS $ 324,673 TOTAL $ 23,172,043 X X 0 1 X X 0 0 0 0 0 0 0 0 0 STEPHANIE OURADA CHIEF FINANCIAL OFFICER 171652 0 54 0 0 0 8583 0 0 0 180289 0 0 0 ANNETTE VARGAS VP- STUDENT ACCESS/ENROLLMENT 127910 0 54 0 0 0 6396 0 0 0 134360 0 0 0 LYNN FEEKEN CONTROLLER 100963 0 54 0 0 0 5561 0 21347 0 127925 0 0 0 JOHN SCHNEIDER FACULTY PROFESSOR 57709 0 46568 0 0 0 2872 0 7013 0 114162 0 0 0 PART I, LINE 1B SOCIAL CLUB MEMBERSHIP HASTINGS COLLEGE PAYS FOR THE PRESIDENT'S AND EXECUTIVE DIRECTOR OF THE FOUNDATION'S SOCIAL MEMBERSHIP AT THE LOCAL COUNTRY CLUB. THE SOCIAL FEE IS MINIMAL AND ONLY BUSINESS RELATED EXPENSES ARE REIMBURSABLE. AS PART OF HASTINGS COLLEGE'S EXECUTIVE PRESIDENT LEASE AGREEMENT, HASTINGS COLLEGE PAYS BRYAN MEDICAL CENTER A MONTHLY PASS THROUGH TO DR. RICH LLOYD FOR HIS LIVING ALLOWANCE / TRAVEL COSTS. X 38 727574 FMV X OTHER 20 28007 0 0 1 1 PART I, LINE 32B: THIRD PARTIES A BROKER IS USED TO SELL GIFTS OF STOCK AND REAL ESTATE. HASTINGS COLLEGE FOUNDATION, A RELATED ORGANIZATION, ALSO SOLICITS NONCASH CONTRIBUTIONS ON BEHALF OF THE COLLEGE. PART-I LINE-(B) COLUMN B, LINE 9 REPRESENTS THE NUMBER OF CONTRIBUTIONS. COLUMN B, LINE 25 REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF 990 BY GOVERNING BODY THE BOARD OF TRUSTEES NAMED A THREE PERSON SUBCOMMITTEE TO REVIEW THE FORM 990 WITH THE VP FOR FINANCE AND ADMINISTRATION IN DETAIL PRIOR TO THE APRIL BOARD OF TRUSTEE MEETING. A SUMMARY OF THIS REVIEW, ALONG WITH HIGHLIGHTS OF THE INFORMATION AND THE FORM 990 WILL BE PROVIDED AND DISCUSSED WITH THE FULL BOARD OF TRUSTEES AT THE APRIL 2026 MEETING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY HASTINGS COLLEGE ASKS FOR ANNUAL DISCLOSURE AND CROSS REFERENCES THE DISCLOSURE WITH KNOWN ACTIVITY. FORM 990, PART VI, SECTION B, LINE 15 FOR KEY EMPLOYEES, INCLUDING THE COLLEGE PRESIDENT, HASTINGS COLLEGE UTILIZES PEER INSTITUTION'S SALARY DATA FROM GUIDESTAR FOR COMPARABILITY PURPOSES. COMPENSATION IS RECOMMENDED BY THE EXECUTIVE COMMITTEE OF THE BOARD AND IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES. DELIBERATION AND DECISION IS DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 AND GOVERNING DOCUMENTS THE FORM 990 IS AVAILABLE IN THE OFFICE OF THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION. THE FORM IS ALSO AVAILABLE ON GUIDESTAR WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 STATEMENTS MADE AVAILABLE TO THE PUBLIC HASTINGS COLLEGE DOES NOT MAKE THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. HASTINGS COLLEGE FOUNDATION 710 N TURNER AVE HASTINGS NE 68901 510247972 FOUNDATION NE 501(C)(3) 12-TYPE 1 HASTINGS COL 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 HASTINGS COLLEGE FOUNDATION N 237588 BOOK HASTINGS COLLEGE FOUNDATION O 646553 BOOK