2024-04-04T11:52:16-05:00 2023-05-31 430765316 RUBINBROWN LLP 1200 MAIN STREET SUITE 1000 KANSAS CITY MO 64105 990 2022-06-01 431685651 GRACELAND COLLEGE CENTER FOR PROF DEV & LIFELONG LEARNING INC GRAC 9133623900 6900 SQUIBB RD MISSION KS 66202 ABBY SITZMANN CFO 9133623900 2024-04-03 1 ABBY SITZMANN 999009999 0 KIMBERLY A RYAN P00829977 8164721122 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ABBY SITZMANN 6900 SQUIBB RD MISSION KS 66202 21753460 0 X WWW.SKILLPATH.COM X 1994 MO LIFELONG PROFESSIONAL DEVELOPMENT AND CONTINUING EDUCATION FOR ADULTS 6 4 125 0 0 0 4233730 2027000 18110002 18265061 608 40974 1169206 812062 23513546 21145097 1000000 4008072 0 0 10402318 11069682 0 0 0 6544437 7114499 17946755 22192253 5566791 -1047156 19477394 16392483 8782594 6744839 10694800 9647644 LIFELONG PROFESSIONAL DEVELOPMENT AND CONTINUING EDUCATION FOR ADULTS 0 0 12630279 4008072 19111232 THE ORGANIZATION PRESENTED APPROXIMATELY 7,474 SEMINARS TO PARTICIPANTS FOR CONTINUING EDUCATION AND PROFESSIONAL AND PERSONAL DEVELOPMENT. 12630279 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 1 0 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 X 157 0 125 1 0 1 AS CA UK NZ 0 0 0 0 0 0 0 0 0 0 X 6 4 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X ABBY SITZMANN 9133623900 6900 SQUIBB ROAD MISSION KS 66202 PATRICIA DRAVES BOARD MEMBER 3.50 70.00 X 0 575239 75070 DAVID SIDDALL BOARD MEMBER 11.00 47.00 X 0 107835 13360 BOB ACKERLEY CHAIRMAN 10.00 2.00 X 0 0 0 SAM SMALLDON BOARD MEMBER 3.00 3.00 X 0 0 0 JOEL SHROCK BOARD MEMBER 2.00 70.00 X 0 72772 17261 RYAN WATSON BOARD MEMBER 2.00 2.00 X 0 0 0 MICHELE MARKEY CEO 50.00 X 374564 0 17809 KORTNEY CLARK VP - TRAINING OPERATIONS 50.00 X 231883 0 10458 ABBY SITZMANN CFO 50.00 X 224736 0 15252 KENNETH BALTZELL VP - INFORMATION TECHNOLOGY 50.00 X 200807 0 12231 JENNIFER BARRINGTON VP - DIGITAL MARKETING 50.00 X 179783 0 14044 PETER SIRNA VP - SALES 40.00 X 163479 0 14347 KATIE PARRISH VP - CONTENT 40.00 X 147283 0 7576 TERI BECKMAN DIRECTOR - ELEARNING SOLUTIONS 40.00 X 164788 0 4937 SHEENA SWEATMAN SALES MANAGER 40.00 X 179600 0 3844 STEPHANIE MOTSINGER LEARNING & DEVELOPMENT CONSULTANT 40.00 X 162329 0 2630 DIANA EDGECOMB CONTROLLER 40.00 X 151243 0 10820 VITO CENTONZE DIRECTOR - AS400 40.00 X 135257 0 13069 DANIEL SANTEE DIRECTOR - SOFTWARE DEVELOPMENT 40.00 X 131928 0 7299 2447680 755846 240007 13 0 1 0 LAURA L FALLBACH 9489 S ASPEN HILL WAY LONE TREE CO 80124 SALES 176391 RAYMOND PAUL SANTERINI 5394 BREEZE HILL PLACE TROY MI 48098 TRAINING 129915 MARIANNE ROESLER 6280 BRYNWOOD DRIVE ROCKFORD IL 61114 TRAINING 101210 3 2027000 2027000 PROFESSIONAL DEVELOPMENT AND CONT 611430 18265061 18265061 18265061 54984 54984 550219 543225 6994 6994 6994 10025 24035 -14010 -14010 -14010 838379 41103 797276 797276 MISCELLANEOUS REVENUE 611430 7792 7792 7792 21145097 19070129 0 47968 4008072 4008072 1784484 740827 1043657 6638784 2756085 3882699 142027 58962 83065 1878989 780060 1098929 625398 259633 365765 46668 46668 81400 81400 160149 73623 86526 936123 787415 148708 49276 49276 1206046 10186 1195860 238203 55983 182220 35983 14938 21045 2671596 2671596 33421 33421 695735 90384 605351 99991 99991 TEMPORARY LABOR 326183 326183 CREDIT CARD FEES 252388 252388 MISCELLANEOUS EXPENSES 186034 70127 115907 LICENSES AND MEMBERSHIP 95303 95303 22192253 12630279 9561974 0 5222401 2392946 1135216 1262371 175513 161104 552751 580313 18481776 8539904 9525805 9941872 911283 749262 1954425 1304615 19477394 16392483 2884557 2328674 3254350 3285128 643687 1131037 2000000 0 8782594 6744839 X 10694800 9647644 10694800 9647644 19477394 16392483 -1047156 0 X 0 1 X 1 0 X 1182593 4233730 2027000 7443323 61079136 41249071 21606042 19278884 19111232 162324365 61079136 41249071 22788635 23512614 21138232 169767688 0 0 0 169767688 555975 631405 646625 618680 605203 3057888 555975 631405 646625 618680 605203 3057888 61635111 41880476 23435260 24131294 21743435 172825576 0.98230 0.98660 0.01770 0.01340 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2658229 2658229 6494626 3538088 2956538 4815342 2725760 2089582 1755159 1463898 291261 2758420 812158 1946262 9941872 EMPLOYEE RETENTION CREDIT RECEIVABLE 1304615 1304615 21743435 598338 598338 21145097 0 21145097 22790591 598338 598338 22192253 0 22192253 PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 543,225. COST OF GOODS SOLD 41,103. LOSS ON DISPOSAL OF EQUIPMENT 14,010. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 543,225. COST OF GOODS SOLD 41,103. LOSS ON DISPOSAL OF EQUIPMENT 14,010. NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES LIFELONG PROFESSIONAL DEVELOPMENT FOR ADULTS 3222 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES LIFELONG PROFESSIONAL DEVELOPMENT FOR ADULTS 5861 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES LIFELONG PROFESSIONAL DEVELOPMENT FOR ADULTS 5131 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 INVESTMENTS 170286 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 INVESTMENTS 93008 0 0 0 0 0 0 277508 0 277508 0 0 0 0 0 0 PART III ACCOUNTING METHOD: 0 GRACELAND UNIVERSITY 1 UNIVERSITY PLACE LAMONI IA 50140 420707114 4008072 0 GRANTS MADE TO GRACELAND UNIVERSITY, LAMONI, IOWA, A FULLY ACCREDITED 501(C)(3) EDUCATIONAL INSTITUTION. FUNDS ARE USED TO FURTHER THE EDUCATIONAL MISSION OF THE UNIVERSITY. RELATIONSHIP BETWEEN THE ENTITIES MAKES IT POSSIBLE TO ASSURE THAT FUNDS ARE USED IN FURTHERANCE OF THE MISSIONS. 1 X 0 0 0 1 0 1 0 0 0 PATRICIA DRAVES BOARD MEMBER 0 344796 0 0 0 230443 0 19137 0 55933 0 650309 0 0 MICHELE MARKEY CEO 315950 0 48750 0 9864 0 8993 0 8816 0 392373 0 0 0 KORTNEY CLARK VP - TRAINING OPERATIONS 180888 0 27750 0 23245 0 4827 0 5631 0 242341 0 0 0 ABBY SITZMANN CFO 192887 0 30000 0 1849 0 6041 0 9211 0 239988 0 0 0 KENNETH BALTZELL VP - INFORMATION TECHNOLOGY 170625 0 27000 0 3182 0 4360 0 7871 0 213038 0 0 0 JENNIFER BARRINGTON VP - DIGITAL MARKETING 153787 0 24000 0 1996 0 4833 0 9211 0 193827 0 0 0 SHEENA SWEATMAN SALES MANAGER 115272 0 63892 0 436 0 0 0 3844 0 183444 0 0 0 PETER SIRNA VP - SALES 160307 0 0 0 3172 0 5136 0 9211 0 177826 0 0 0 TERI BECKMAN DIRECTOR - ELEARNING SOLUTIONS 153345 0 10000 0 1443 0 1093 0 3844 0 169725 0 0 0 STEPHANIE MOTSINGER LEARNING & DEVELOPMENT CONSULTANT 74095 0 87958 0 276 0 1300 0 1330 0 164959 0 0 0 DIANA EDGECOMB CONTROLLER 135154 0 14313 0 1776 0 4346 0 6474 0 162063 0 0 0 KATIE PARRISH VP - CONTENT 127772 0 18750 0 761 0 3732 0 3844 0 154859 0 0 0 PART I, LINE 3 THE CEO'S PAY IS SET ANNUALLY BY THE BOARD BASED ON A RECOMMENDATION OF THE COMPENSATION COMMITTEE (COMPOSED OF INDEPENDENT MEMBERS OF THE GOVERNING BOARD). PART I, LINE 5 CERTAIN OFFICERS AND CERTAIN KEY EMPLOYEES PARTICIPATE IN AN INCENTIVE PLAN THAT IS BASED ON MULTIPLE METRICS INCLUDING THE MANAGEMENT OF CONTROLLABLE EXPENSES RELATIVE TO REVENUE. THERE IS A CAP ON THE INCENTIVE AMOUNT AS WELL AS A THRESHOLD PERFORMANCE STANDARD THAT MUST BE MET BEFORE ANY INCENTIVE IS EARNED. CERTAIN EMPLOYEES PARTICIPATE IN AN INCENTIVE/COMMISSION PLAN THAT IS BASED ON THE ACHIEVEMENT OF GOALS RELATED TO THE SALES OF GROUP TRAINING. PART I, LINE 6 CERTAIN OFFICERS AND CERTAIN KEY EMPLOYEES PARTICIPATE IN AN INCENTIVE PLAN THAT IS BASED ON MULTIPLE METRICS INCLUDING THE MANAGEMENT OF CONTROLLABLE EXPENSES RELATIVE TO REVENUE. THERE IS A CAP ON THE INCENTIVE AMOUNT AS WELL AS A THRESHOLD PERFORMANCE STANDARD THAT MUST BE MET BEFORE ANY INCENTIVE IS EARNED. CERTAIN EMPLOYEES PARTICIPATE IN AN INCENTIVE/COMMISSION PLAN THAT IS BASED ON THE ACHIEVEMENT OF GOALS RELATED TO THE SALES OF GROUP TRAINING. FORM 990, PART VI, SECTION A, LINE 6 CORPORATION HAS ONE SOLE MEMBER - GRACELAND UNIVERSITY, LAMONI, IOWA, A 501(C)(3) CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A GRACELAND UNIVERSITY OF LAMONI, IOWA, A 501(C)(3) CORPORATION, IS THE SOLE MEMBER. THE BOARD OF TRUSTEES OF THE UNIVERSITY SELECTS THE BOARD MEMBERS OF THE CENTER. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTING FIRM, REVIEWED INTERNALLY, AND THEN MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF DIRECTERS WHO ARE THEN ASKED TO REVIEW THE FORM 990. THE DIRECTORS MAY SUBMIT QUESTIONS ABOUT THE INFORMATION IN THE 990 TO THE CFO OR THE CEO. ANY QUESTIONS RECEIVED ARE APPROPRIATELY RESPONDED TO PRIOR TO THE FINALIZATION AND TIMELY FILING OF THE FORM 990 WITH THE IRS. ON AN AS NEEDED BASIS, THE CFO MAY CONSULT WITH THE ORGANIZATION'S ACCOUNTING FIRM AND/OR OUTSIDE LEGAL COUNSEL WHEN ADVICE OR COUNSEL IS NEEDED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS APPROVE ANY CHANGES TO THE CONFLICT OF INTEREST POLICY. A COPY IS GIVEN TO THE DIRECTORS AND THEY ARE ASKED AT THAT TIME TO PROVIDE A WRITTEN DISCLOSURE AS TO WHETHER THEY OR ANY OF THEIR FAMILY MEMBERS HAVE ENGAGED IN ANY ACTIVITIES THAT ARE OR MAY APPEAR TO BE A CONFLICT OF INTEREST WITH REGARD TO THEIR SERVICE AS A DIRECTOR. ANY REPORTED CONFLICTS OR POTENTIAL CONFLICTS ARE REVIEWED BY THE BOARD TO DETERMINE WHAT ACTION WILL BE TAKEN. THE ORGANIZATION IS ALSO SMALL ENOUGH TO KNOW WHO THEIR VENDORS ARE AND ARE ABLE TO DETERMINE IF THERE APPEARS TO BE ANY CONFLICTS OF INTEREST WITH A GIVEN VENDOR. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEWS AND ESTABLISHES THE TOTAL COMPENSATION FOR THE OFFICERS. THE BOARD UTILIZES ADVICE FROM AN INDEPENDENT THIRD PARTY COMPENSATION CONSULTING FIRM AS NEEDED. FORM 990, PART VI, SECTION C, LINE 19 ALL SUCH DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. DOCUMENTS ARE PROVIDED EITHER IN AN ELECTRONIC FORMAT OR IN HARD COPY DEPENDING ON THE PREFERENCE OF THE REQUESTING PARTY. THE 990 IS ALSO AVAILABLE THROUGH INDEPENDEDNT WEBSITES SUCH AS GUIDESTAR.ORG. GRACELAND UNIVERSITY 1 UNIVERSITY DRIVE LAMONI IA 50140 420707114 ACCREDITED UNIVERSITY IA 501(C)(3) LINE 2 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 GRACELAND UNIVERSITY B 4008072 CASH