2024-04-17T09:13:53-07:00 2023-06-30 990 2022-07-01 420698196 NORTHWESTERN COLLEGE NORT 7127077121 101 7th Street SW Orange City IA 51041 Kent Wiersema V.P. for Finance and Operations 7127077121 2024-04-17 Kent Wiersema 999009999 1 1 11 0 AAL2 X 2022 2023-04-26 12:10:37Z Kent Wiersema 101 7th Street SW Orange City IA 51041 69682911 0 X www.nwciowa.edu X 1883 IA Institution of Higher Education providing postsecondary educational services, including both graduate and undergraduate programs. 27 20 1274 120 0 0 11543576 7236249 47121996 49932491 3689180 6408674 304501 282284 62659253 63859698 19763696 20852002 0 0 19680810 21411131 0 0 1123193 14991350 15960671 54435856 58223804 8223397 5635894 166025819 175397906 8342356 9306101 157683463 166091805 Northwestern College is a Christian academic community engaging students in courageous and faithful learning and living that empowers them to follow Christ and pursue God's redeeming work in the world. 0 0 46028845 20852002 54744250 Higher Education: Providing educational opportunities & service to 1666 students, consisting of 1138 on-campus and commuting students and 528 online students, at less than the aggregated costs of those services. Making grants to faculty members to further their education and to students to defray tuition & fees and room & board costs. 5377944 0 9115448 Higher Education: Providing sales & services of auxiliary enterprises (room & board) to 894 on-campus students. Providing textbooks & sundry supplies to 1666 students. Both are essential components of the primary purpose of providing educational service. 0 0 0 None 0 0 0 51406789 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 0 1 0 1 0 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 2601 0 1 1274 1 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 X 27 20 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Kent Wiersema 7127077121 101 7th St SW Orange City IA 51041 Gregory Christy President 40 0 X 314965 0 0 D Nathan Phinney VP of Academic Affairs 40 0 X 156385 0 0 Kent Wiersema VP of Finance and Operations 40 0 X 144064 0 0 Jay Wielenga Vice President for Advancement 40 0 X 124936 0 0 Kyle Van Den Bosch Highly Compensated Employee 40 0 X 111148 0 0 Micah Parker VP for Athletics 40 0 X 110119 0 0 Jill Van Otterloo PA Program Director 40 0 X 108805 0 0 Michael Andres Faculty Representative 40 0 X 60063 0 0 Brad De Jong - ex officio Legal Counsel 2 0 X 0 0 0 Anita Bomgaars Board Member 1 0 X 0 0 0 Rev Timothy Breen Board Member 2 0 X 0 0 0 Tricia Vermeer Board Member, Chairman 3 0 X X 0 0 0 Drew Vogel Board Member, Secretary 3 0 X X 0 0 0 Bob Bouwer Board Member 2 0 X 0 0 0 Julie Henrich Board Member 1 0 X 0 0 0 Gary Malenke Board Member 2 0 X 0 0 0 Wade Schut Board Member 1 0 X 0 0 0 Mike Hardeman Board Member 1 0 X 0 0 0 Wayne Van Heuvelen Board Member 1 0 X 0 0 0 Mark Van Holland Board Member 1 0 X 0 0 0 Bill Westrate Board Member, Vice Chairman 3 0 X X 0 0 0 Eddy Aleman Board Member 1 0 X 0 0 0 Dave Dunkelberger Board Member 1 0 X 0 0 0 Darren Kleis Board Member 1 0 X 0 0 0 Bryan Den Hartog Board Member 1 0 X 0 0 0 Matt Fryar Board Member 1 0 X 0 0 0 Sean Nathaniel Board Member 1 0 X 0 0 0 Chad Schuiteman Board Member 1 0 X 0 0 0 Kim TenHaken Board Member 1 0 X 0 0 0 Amy Van Es Board Member 1 0 X 0 0 0 Sherrie Barber Willson Board Member 2 0 X 0 0 0 Leah Dykstra Board Member 1 0 X 0 0 0 Wade Gort Board Member 1 0 X 0 0 0 Greg Jenness Board Member 1 0 X 0 0 0 Gerald Van Roekel Board Member 1 0 X 0 0 0 1130485 0 0 7 1 1 0 0 0 0 30373 0 888001 6317875 0 7236249 Tuition and Fees 611310 40722053 40722053 0 0 Sales and Services 611310 175758 175758 0 0 Auxiliary Expenses 611310 9034680 9034680 0 0 0 0 0 0 49932491 1651335 0 0 1651335 0 0 0 0 0 0 0 0 95193 0 4494 0 90699 0 90699 0 0 90699 10257452 0 5500113 0 4757339 0 4757339 0 0 4757339 24132 30373 20483 3649 0 3649 0 0 0 0 0 0 378891 298123 80768 80768 0 0 Accounts Payable Discount 900099 37252 37252 0 0 Camp Revenue 900099 49946 49946 0 0 Other Revenues 900099 19970 19970 0 0 0 0 0 0 107168 63859698 50120427 0 6503022 0 0 19312009 19312009 1539993 1539993 0 0 1224382 808883 415499 0 0 0 0 0 15511092 13002457 1784381 724254 818256 672197 91399 54660 2761571 2228575 428333 104663 1095830 904389 166588 24853 0 0 0 0 25010 4307 20703 0 198266 17851 145024 35391 0 0 0 0 0 0 269773 0 269773 0 0 0 0 0 724138 221903 468749 33486 550594 413493 127154 9947 552488 531521 20967 0 0 0 0 0 997377 378017 619360 0 1200898 1055259 92084 53555 0 0 0 0 323614 301108 17903 4603 63170 817 62353 0 0 0 0 0 3941042 3941042 0 0 627496 314870 312626 0 Activities and Events 753404 662425 38577 52402 Outside Instruction 559662 556668 2994 0 Library Acquisitions 246010 246010 0 0 Food Service 2744913 2744913 0 0 2182816 1548082 609355 25379 58223804 51406789 5693822 1123193 6891371 11211934 7474814 2264939 4660998 5856905 153317 838623 0 0 0 0 1118860 868462 141892 229555 99378 323668 139938686 59972716 83547755 79965970 61108373 71214733 554595 187830 0 0 0 0 274466 2435287 166025819 175397906 3038013 3702973 859455 691745 1165794 1152704 1575000 1400000 0 0 0 0 0 0 0 0 1704094 2358679 8342356 9306101 X 90212112 90084435 67471351 76007370 157683463 166091805 166025819 175397906 X 5635894 2574854 0 0 0 197594 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1 0 0 0 1 0 0 0 0 0 Schedule C, Part II-B, Line 1 On a limited number of occasions, the president of the College may contact the legislators or their staff to discuss matters of interest to the College or may visit them for a brief meeting as an incidental part of an unrelated business trip. Students are encouraged to write letters to legislators with concerns regarding financial aid or higher education. 0 0 X X 0 63190062 478459 8267783 2145483 0 0 69790821 75165165 470234 -10816132 1629205 0 0 63190062 56297439 3261160 17198474 1591908 0 0 75165165 56662773 998356 1179222 1542912 1000000 0 56297439 53739229 2607989 2239908 1430050 494303 0 56662773 0.1141 0.3841 0.5018 0 0 4239079 7703258 11942337 0 106184313 45096892 61087421 0 0 0 0 0 20754395 13966393 6788002 0 1057641 909431 148210 79965970 0 Advance Payments 7379 Miscellaneous Liabilities 434478 Annuity Payment Liability 1074602 Lease Obligations - Financing 85456 Student Deposits 756764 2358679 45610900 2574854 0 0 -20852002 -18277148 63888048 269773 -298123 -28350 63859698 37202558 0 0 0 298123 298123 36904435 269773 21049596 21319369 58223804 Schedule D, Part III, Line 1 Collection items consist of art objects that are held for educational purposes. Each of the items is cataloged, preserved, cared for, and kept unencumbered. Activities verifying their existence and assessing their condition are performed on a regular basis. Collection items acquired either through purchases or donation are not capitalized. Purchases of collection items are recorded as decreases in net assets with out donor restrictions if purchased with unrestricted assets and as decreases in net assets with donor restrictions if purchased with donor restricted assets. Contributions of collection items are not recognized in the Statement of Activities. If collection items are sold, the proceeds from the sale are used to purchase additional collection items. Schedule D, Part III, Line 4 The collection's holdings are composed primarily of etchings, engravings, lithographs and woodcuts. It also contains a few paintings and sculptures. The collection includes some seventy-five original works to be exhibited on campus to allow the campus community and visitors a chance to be exposed to original works of art on campus. This is one of the better ways to study the fine arts. Schedule D, Part V, Line 4 Endowment funds are used to fund specific scholarships and grants to students and faculty along with funding specific building maintenance. Schedule D, Part XI, Line 2d Student Scholarships - $20,852,002 Schedule D, Part XI, Line 4b Cost of Goods Sold - $298,123 Schedule D, Part XII, Line 2d Cost of Goods Sold - $298,123 Schedule D, Part XII, Line 4b Student Scholarships - $20,852,002; Computer Equipment Capitalized - $137,208; Books - $16,443; and Other Equipment Capitalized - $43,943 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Northwestern College publicizes its nondiscriminatory policy in local radio ads and in local employment ads in newspapers. The policy is also on Northwestern College's website, in the student handbook, faculty and staff handbook, college catalog as well as in admissions pamphlets and applications. Northwestern College also publicizes its Vision for Diversity on its website. Schedule E, Part I, Line 6 Northwestern College receives Title IV funds for both undergraduate and graduate programs. Northwestern College has received Federal Health Care appropriation funds, Iowa Curriculum Grant and Iowa Teacher Quality Enhancement Grants. Northwestern College students also receive state funds through the Iowa Tuition Grant. 1 Europe (including Iceland and Greenland) 0 0 Program Services Cross Cultural Experience 257308 Central America and the Caribbean 0 0 Program Services Cross Cultural Experience 31942 East Asia and the Pacific 0 0 Program Services Cross Cultural Experience 38844 South Asia 0 0 Program Services Cross Cultural Experience 6517 Russia and the newly independent States 0 0 Program Services Cross Cultural Experience 5652 Middle East and North Africa 0 0 Program Services Cross Cultural Experience 17000 Sub-Saharan Africa 0 0 Program Services Cross Cultural Experience 4360 0 0 361623 Various Grants and Scholarships Europe (including Iceland and Greenland) 17 457865 Applied to Student Bill 0 Various Grants and Scholarships Central America and the Caribbean 2 67077 Applied to Student Bill 0 Various Grants and Scholarships Middle East and North Africa 1 31525 Applied to Student Bill 0 Various Grants and Scholarships Russia and the newly independent States 2 30965 Applied to Student Bill 0 Various Grants and Scholarships South America 6 150368 Applied to Student Bill 0 Various Grants and Scholarships North America (including Canada and Mexico, but not the United States) 1 27800 Applied to Student Bill 0 Various Grants and Scholarships Sub-Saharan Africa 2 64875 Applied to Student Bill 0 Various Grants and Scholarships East Asia and the Pacific 10 262918 Applied to Student Bill 0 Various Grants and Scholarships South Asia 3 84977 Applied to Student Bill 0 0 0 0 0 0 0 Schedule F, Part I, Line 2 International students may be awarded grants and scholarships to come to study. Grants and scholarships are awarded by the financial aid office and are monitored and applied to the student account in the business office. Funds are audited annually by independent auditors. Red Raider Golf Classic 54505 30373 24132 0 8834 9676 1595 0 378 0 0 54505 30373 24132 0 8834 9676 1595 0 378 20483 3649 1 Academic Grants 1084 11693921 Activity Awards 961 4711195 Diversity Grants 43 335689 Federally Funded Grants 240 221696 Gift Sponsored Grants 113 238057 Endowed Grants 280 775732 Institutional Grants 1351 2840937 Faculty Research Grants 11 34775 Schedule I, Part I, Line 2 Students qualify for federal, state and institutional scholarships, grants and loans based on their individual FAFSA application. Merit awards are based on levels of achievement academically, musically or artistically. Entitlement grants are given for students with a family connection to the College, denominational affiliation and travel grants for students traveling a long distance from campus, international students may be awarded grants and scholarships to come to study. Grants are awarded by the financial aid office following federal, state and institutional guidelines, which are also monitored and applied in the business office. Funds are audited annually by independent auditors. X X 1 1 X X X X 0 0 0 0 0 0 0 1 0 Gregory Christy President 280000 0 50000 0 2678 0 16800 0 21975 0 371453 0 0 D Nathan Phinney VP of Academic Affairs 159833 0 0 0 7710 0 9590 0 11617 0 188750 0 0 0 Kent Wiersema VP of Finance and Operations 153767 0 0 0 210 0 9226 0 11175 0 174378 0 0 0 Jay Wielenga Vice President for Advancement 129367 0 0 0 155 0 7762 0 4808 0 142092 0 0 0 Jill Van Otterloo PA Program Director 114625 0 0 0 6000 0 6878 0 11407 0 138910 0 0 0 Micah Parker VP for Athletics 118279 0 0 0 267 0 7097 0 11549 0 137192 0 0 0 Michael Andres Faculty Representative 72693 0 0 0 1000 0 4362 0 11407 0 89462 0 0 0 Kyle Van Den Bosch Highly Compensated Employee 56671 0 0 0 63645 0 3400 0 11407 0 135123 0 Schedule J, Part I, Line 1a Northwestern College provides a house for the president and pays a golf membership. Schedule J, Part I, Line 3 In addition to the methods indicated on line 3, Northwestern College uses various market surveys for colleges and universities, along with local or regional data that is relevant. See Schedule O for more detailed explanation, Form 990, Part VI, Section B, Line 15. Schedule J, Part I, Line 7 Based upon the president's compensation package, a bonus was paid during the year. A City of Orange City 426005071 2010-11-15 3500000 Student Housing 0 0 0 A 2100000 0 3500000 0 0 0 0 0 0 3500000 0 0 2011 0 0 1 1 A 0 0 0 0 0 0 0 1 0 1 A 0 0 0 0 0 0 0 0 1 A 1 Gregory Christy President 10800 Housing President's Home Not Required Not Required 72100 Academic Scholarships Student Financial Aid Not Required Not Required 54150 Institutional Grants Student Financial Aid Not Required Not Required 22750 Activity Awards Student Financial Aid Not Required Not Required 7000 Endowed Scholarships Student Financial Aid X 1548 Invoice X 17 110539 Stock Quotes X 1 938204 Appraisal X Grain 4 36658 Elevator Price X Excavating Work 2 4500 Invoice X Food Service Equipment 1 74453 Invoice X Travel 1 955 Invoice X Meals 2 511 Invoice 17 0 1 0 Form 990, Part VI, Section A, Line 2 Drew Vogel (Board Secretary) serves as a board member of Iowa State Bank, with which the college holds bank accounts. Drew Vogel (Board Secretary) is a stockholder of Diamond Vogel Paint, which furnishes paint and painting supplies to the college in the value range of $10,000-20,000 in the normal course of business. Amy Van Es (Board Member)-father Dale Den Herder, owns a majority interest in AmBank Company. Within that ownership are several trusts, whereby Amy is one of the beneficiaries of two of those trusts. The College had $35,132,634 invested with American Investment and Trust, a company of AmBank. Kent Wiersema (Key Employee)-wife Amy works at the college in the admissions office with a compensation of approximately $45,000. Michael Andres (Board Member) is the faculty representative. Form 990, Part VI, Section B, Line 11b The Form 990 is prepared by the Senior Accountant, reviewed by the Comptroller, Vice President for Finance and Operations and the President. The form is then made available to the Finance Committee. Once the Finance Committee approves the Form 990, it is made available to the Board of Trustees for their review prior to submission of the Form 990 to the IRS. Form 990, Part VI, Section B, Line 12c Detailed conflict of interest questionnaires are provided annually to the trustees, officers and key employees. The questionnaires are then reviewed by the Finance Committee of the Board for any possible conflicts. The procedure requires specific areas to be addressed at a minimum, the specific concerns to be addressed individually and acted upon. Minutes are required of the Finance Committee for any and all actions with regard to any conflict of interest proceedings. Form 990, Part VI, Section B, Line 15 The Associate Director of Human Resources does market surveys, uses data for college and universities from CUPA, CCCU, IAICU and uses local or regional data that is relevant. The Associate Director of Human Resources prepares a summary showing current salary, prior salary, market survey data, current pay range and market comparisons to current pay and pay range. The summary is reviewed by the Executive Committee, which functions as the compensation committee of the Board of Trustees. Based on the above data the Executive Committee establishes reasonable compensation for officers, trustees and highly compensated employees. Form 990, Part VI, Section C, Line 19 The governing documents and bylaws are available on the Iowa Secretary of State website. The conflict of interest policy is in the trustee handbook along with the faculty and staff handbooks and are available upon request. The financial statements are made available to the community through a published and annual report and the Form 990 is made available on the web at Guide Star website as well as upon request. Form 990, Part XI, Line 9 Computer Equipment Capitalized - $137,208; Books - $16,443; Other Equipment Capitalized - $43,943