2025-04-14T19:12:35+00:00 2024-05-31 440160260 Forvis Mazars LLP 1248 O Street Ste 1040 Lincoln NE 685081461 990 2023-06-01 420680389 Simpson College SIMP 5159616251 701 NORTH C STREET INDIANOLA IA 50125 JAY N BYERS PRESIDENT 2025-04-15 true Kristin Tynon P01063388 4024737600 2025-04-15 2023 2025-03-06 01:10:19Z JAY N BYERS 701 NORTH C STREET INDIANOLA IA 50125 93577092 false X WWW.SIMPSON.EDU X 1860 IA A RESIDENTIAL, COEDUCATION, UNDERGRADUATE LIBERAL ARTS COLLEGE. 43 42 1039 40 0 0 6850144 4830366 53538068 57334733 1518226 2571074 1689853 1961900 63596291 66698073 29818972 32279128 0 20909117 21718246 0 1551383 25313494 24667900 76041583 78665274 -12445292 -11967201 152836299 145451082 44058546 41918199 108777753 103532883 THROUGH INNOVATIVE LEARNING OPPORTUNITIES, INDIVIDUAL STUDENT ATTENTION, AND AN UNWAVERING COMMITMENT TO INCLUSIVE EDUCATIONAL ACCESS, SIMPSON COLLEGE CULTIVATES A DIVERSE COMMUNITY OF LEARNERS TO LEAD LIVES OF MEANING AND PURPOSE. false false 70065817 32279128 57334733 SIMPSON COLLEGE PROVIDES INSTRUCTION TO APPROXIMATELY 1,200 FULL AND PART-TIME UNDERGRADUATE STUDENTS, WITH MAJOR AREAS OF INSTRUCTION IN BUSINESS, ELEMENTARY EDUCATION, SCIENCES AND THE ARTS. 70065817 true true false true false false true false true true true false false true false true false true false true false false false true false false false true true true false false false false false false false false false false true false false false false true false false false true 1765 0 true 1039 true false false false false false false false false false false false false X 43 42 false false false false false false false true true false false true true true true true true true true false X BRET MILLS 5159611398 701 NORTH C ST INDIANOLA IA 50125 Deanna Strable-Soethout Treasurer 0.5 0.0 X X 0 0 0 Jay N Byers President 40.0 0.0 X X 165389 0 10528 Marsha Kelliher President Thru AUG 23 40.0 0.0 X X 329282 0 45109 Susan E Voss Secretary 0.5 0.0 X X 0 0 0 Terry W Handley Board Chair 0.5 0.0 X X 0 0 0 Barbara A Miller Trustee 0.5 0.0 X 0 0 0 Ben F Gaumer Trustee 0.5 0.0 X 0 0 0 Bishop Kennetha Bigham-Tsai Trustee 0.5 0.0 X 0 0 0 D Robert Downing Trustee 0.5 0.0 X 0 0 0 Denise M Griffey Trustee 0.5 0.0 X 0 0 0 Elizabeth Raymond Nigut Trustee 0.5 0.0 X 0 0 0 Garrett Piklapp Trustee 0.5 0.0 X 0 0 0 Hank Norem Trustee 0.5 0.0 X 0 0 0 Izaah JB Knox Trustee 0.5 0.0 X 0 0 0 James C Spooner Trustee 0.5 0.0 X 0 0 0 Jay T Marshall Trustee 0.5 0.0 X 0 0 0 Jessica Boltinghouse Trustee 0.5 0.0 X 0 0 0 Joe Sorenson Trustee 0.5 0.0 X 0 0 0 John R Norris Trustee 0.5 0.0 X 0 0 0 John T Lawlor Trustee 0.5 0.0 X 0 0 0 Juli M Willeman Trustee 0.5 0.0 X 0 0 0 Kamie Downing-Haynes Trustee 0.5 0.0 X 0 0 0 Kevin Halterman Trustee 0.5 0.0 X 0 0 0 Kirk J Tyler Trustee 0.5 0.0 X 0 0 0 Laura Howe Trustee 0.5 0.0 X 0 0 0 Manuel A Cornell Trustee 0.5 0.0 X 0 0 0 Maribeth Wright Trustee 0.5 0.0 X 0 0 0 Mark L Hill Trustee 0.5 0.0 X 0 0 0 Martha Davis-Goldstein Trustee 0.5 0.0 X 0 0 0 Nick Andersen Trustee 0.5 0.0 X 0 0 0 Nicole L Crain Trustee 0.5 0.0 X 0 0 0 Nile D Ramsbottom Trustee 0.5 0.0 X 0 0 0 Rick W Exline Trustee 0.5 0.0 X 0 0 0 Robert G Riley Trustee 0.5 0.0 X 0 0 0 Ron Carlson Trustee 0.5 0.0 X 0 0 0 Ronald L Keller Trustee 0.5 0.0 X 0 0 0 Sean M Kennedy Trustee 0.5 0.0 X 0 0 0 Steven C Fiterman Trustee 0.5 0.0 X 0 0 0 Steven G Johnson Trustee 0.5 0.0 X 0 0 0 Terrance J Lillis Trustee 0.5 0.0 X 0 0 0 Thomas J Keating Trustee 0.5 0.0 X 0 0 0 Tim Bonney Trustee 0.5 0.0 X 0 0 0 Trent Murphy Trustee 0.5 0.0 X 0 0 0 Virginia Lauridsen Trustee 0.5 0.0 X 0 0 0 BRET MILLS VP OF FINANCE/BUSINESS ADMINISTRATION, CFO 40.0 0.0 X 6664 0 1366 Deanna McCormick VP- Business and Finance 40.0 0.0 X 155690 0 9425 John Woell Academic Dean 40.0 0.0 X 173601 0 27511 Randolph Fehr Interim VP - Business and Finance 40.0 0.0 X 105000 0 0 Jared Bienenmann Vice President - College Advancement 40.0 0.0 X 153927 0 28097 Heidi B Levine VP - Planning and Student Development 40.0 0.0 X 124716 0 18764 Keyah Levy VP - Diversity, Equity & Inclusion 40.0 0.0 X 116387 0 14925 Leigh D Mlodzik VP - Enrollment 40.0 0.0 X 138059 0 24776 Roger Degerman VP - Marketing & Strategic Communications 40.0 0.0 X 134227 0 21142 Tracie Pavon Asst VP - Enrollment & Financial Aid 40.0 0.0 X 146317 0 15189 1749259 0 216832 13 false true false Story Construction Co 2810 Wakefield Circle Ames IA 50010 Construction 7579959 Jones Lang LaSalle Americas Inc 200 E Randolph Dr Chicago IL 60601 Campus Services 4089041 Sodexo Inc & Affiliates 4880 Paysphere Circle Chicago IL 60674 Food Service 3234193 Air-Con Mechanical Corporation 1415 SE Pleasant View Dr Des Moines IA 50320 Construction 1858162 Downing Construction Inc 509 E Scenic Valley Ave Indianola IA 50125 Construction 605613 37 15480 904264 3910622 607628 4830366 TUITION & FEES 611600 47747058 47747058 RESIDENCE HALLS 611710 4872146 4872146 FOOD SERVICES 722320 4308573 4308573 CONFERENCE REVENUE 721000 406956 406956 0 0 0 0 57334733 1703639 1703639 0 0 27728494 0 26396647 464412 1331847 -464412 867435 867435 37820 15480 17960 19860 19860 MISCELLANEOUS REVENUE 900099 1942040 1942040 0 0 0 0 1942040 66698073 57334733 0 4532974 32279128 32279128 1109645 207434 661551 240660 15484636 13196327 1751797 536512 528219 442216 66510 19493 3444851 2836400 466823 141628 1150895 933502 164889 52504 1206362 1115078 91284 0 113468 0 113468 0 171100 0 171100 0 0 0 0 0 0 0 85334 0 85334 0 3207485 2913599 293886 0 562673 315186 247487 0 1987932 1851336 88355 48241 827048 242118 584930 0 0 0 0 0 7459287 6793625 626479 39183 1852698 1509075 44290 299333 0 0 0 0 0 0 0 0 1443292 1294570 132043 16679 2984108 2722359 233277 28472 162839 67462 95377 0 BAD DEBT EXPENSE 403654 403654 0 0 ATHLETICS 332049 332049 0 0 MEMBERSHIP AND DUES 275723 66435 209288 0 STAFF BENEFITS/RECRUITING 192802 0 192802 0 1400046 544264 727104 128678 78665274 70065817 7048074 1551383 2607022 1183448 4650468 6292890 152462 317111 1038329 1210353 0 0 0 0 75547 79095 1349251 1405500 121991152 59059088 56881575 62932064 54944448 43495664 30719277 28329962 0 417920 204995 152836299 145451082 5959013 4371629 1247881 478995 31965000 31740000 0 0 4081289 4382787 805363 944788 44058546 41918199 X 18903150 13110014 89874603 90422869 108777753 103532883 152836299 145451082 -11967201 6722331 0 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false true 1444 false false false 1444 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY A percentage of annual dues paid by Simpson college is attributable to Lobbying. 121640 X false 81930607 723390 9487851 4719658 163153 85334 87173703 95427154 727546 -1898867 2391012 9934214 81930607 105332071 1051350 -6320171 2466179 2082243 87674 95427154 83186018 562808 25410997 2058771 1666558 102423 105332071 83808538 765451 2393441 2042737 1638675 100000 83186018 0.051 0.679 0.27 true false 0 2029854 2029854 0 110301559 50383891 59917668 0 0 0 0 0 9634082 8675197 958885 0 25657 0 25657 62932064 ALTERNATIVE INVESTMENTS 13019671 F INVESTMENTS - OTHER SECURITIES 15310291 F 28329962 Asset Retirement Obligation 507706 DEPOSITS 184868 ANNUITY AND LIFE INCOME LIABILITIES 98775 Operating Lease Liability 153439 944788 41520354 6722331 464412 7186743 34333611 85334 32279128 32364462 66698073 46765224 464412 464412 46300812 85334 32279128 32364462 78665274 Schedule D, Part X, Line 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part III, Line 4 Collections of art - description of collections SIMPSON COLLEGE MAINTAINS VARIOUS ARTWORKS UTILIZED PRIMARILY FOR THE PRESERVATION OF THE HERITAGE OF THE COLLEGE AND GENERAL PUBLIC OBSERVATION. Schedule D, Part V, Line 4 Intended uses of endowment funds THE SIMPSON COLLEGE ENDOWMENT IS INTENDED TO SUPPORT THE STUDENTS OF THE COLLEGE VIA SCHOLARSHIPS AND LOAN FUNDS AS WELL AS OPERATIONS AND FACILITIES Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Cost of Fixed Asset Disposals - 464412 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Scholarships - 32279128 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Cost of Fixed Asset Disposals - 464412 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Scholarships - 32279128 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY Via lectures, programs and events on campus Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT SIMPSON COLLEGE RECEIVES STUDENT FINANCIAL AID UNDER TITLE IV, AS WELL AS OTHER ASSISTANCE FROM THE FEDERAL GOVERNMENT AND FROM THE STATE OF IOWA IN THE FORM OF PASS-THROUGH AID TO QUALIFYING STUDENTS. Central America and the Caribbean 0 0 Program Services Students traveling for academic studies 24607 Europe (Including Iceland and Greenland) 0 0 Program Services students traveling or academic studies 347447 South Asia 0 0 Program Services students traveling for academic studies 15894 0 0 0 0 0 0 387948 0 387948 false false false false false false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; SOUTH ASIA-Accrual Online Auction 21300 10980 10320 0 0 0 500 0 1000 Storm Golf Outing 12000 4500 7500 1500 0 4000 1200 0 1260 1 20000 0 20000 8500 0 0 0 0 0 53300 15480 37820 10000 0 4000 1700 0 2260 17960 19860 true SCHOLARSHIPS 1058 31823665 TUITION REMISSION 11 455463 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. SCHOLARSHIPS ARE AWARDED TO STUDENTS THROUGH THE FINANCIAL AID OFFICE AND ARE BASED ON STATED CRITERIA. X true true X X X X false false false false false false false false false Jay N Byers President 165389 0 0 0 0 0 0 0 10528 0 175917 0 0 0 Marsha Kelliher President Thru AUG 23 186136 0 75000 0 68146 0 12500 0 32609 0 374391 0 0 0 John Woell Academic Dean 173601 0 0 0 0 0 8415 0 19096 0 201112 0 0 0 Deanna McCormick VP- Business and Finance 152791 0 2899 0 0 0 4335 0 5090 0 165115 0 0 0 Jared Bienenmann Vice President - College Advancement 149727 0 0 0 4200 0 8000 0 20097 0 182024 0 0 0 Leigh D Mlodzik VP - Enrollment 138059 0 0 0 0 0 7293 0 17483 0 162835 0 0 0 Tracie Pavon Asst VP - Enrollment & Financial Aid 106317 0 40000 0 0 0 5436 0 9753 0 161506 0 0 0 Roger Degerman VP - Marketing & Strategic Communications 134227 0 0 0 0 0 6463 0 14679 0 155369 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use Former Key Employee President Kelliher was provided campus housing until the end of her employment with the College. A IOWA HIGHER EDUCATION LOAN AUTHORITY 421235696 4624607S9 2020-11-25 32439068 IOWA HIGHER EDUCATION LOAN AUTHORITY false false false A 699068 32439068 2645086 387656 10121 648779 6664634 21507821 876573 2024 true false false true A false false false false 0.0 false false true A false false false false false false false false true A true X 16 607628 Market value 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - Number of contributions Form 990, Part VI, Line 6 Section A, Line 1 BETWEEN MEETINGS OF THE BOARD, THE EXECUTIVE COMMITTEE SHALL HAVE GENERAL SUPERVISION OF THE ADMINISTRATION AND PROPERTY OF THE COLLEGE, EXCEPT THAT, UNLESS SPECIFICALLY EMPOWERED BY THE BOARD TO DO SO, IT MAY NOT TAKE ANY ACTION INCONSISTENT WITH A PRIOR ACT OF THE BOARD, AWARD DEGREES, ALTER BYLAWS, LOCATE PERMANENT BUILDINGS ON TAX-EXEMPT PROPERTY HELD FOR COLLEGE PURPOSES, REMOVE OR APPOINT THE PRESIDENT OF THE COLLEGE, OR TAKE ANY ACTION WHICH HAS BEEN RESERVED BY THE BOARD. MINUTES OF EACH MEETING ARE PRESENTED TO THE BOARD AT THE FULL BOARD OF TRUSTEES MEETING FOR COMMENT AND SUCH ACTION AS IS APPROPRIATE. Form 990, Part VI, Line 11b Review of form 990 by governing body THE AUDIT AND COMPLIANCE COMMITTEE WILL REVIEW A DRAFT OF THE RETURN PRIOR TO FILING AND THE FINAL RETURN WILL BE MADE AVAILABLE TO ALL TRUSTEES PRIOR TO FILING. Form 990, Part VI, Line 12c Conflict of interest policy BOARD MEMBERS ARE REQUIRED TO DISCLOSE CONFLICTS FOR ANY ACTION ITEM INVOLVING A POTENTIAL CONFLICT OF INTEREST, WHETHER PRESENT AT A BOARD OR COMMITTEE MEETING OR ABSENT. THE CONFLICT WILL BE NOTED IN THE MEETING MINUTES. THE BOARD MEMBER MAY NOT PARTICIPATE IN OR BE ALLOWED TO HEAR THE BOARD OR COMMITTEE DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS OR ANSWER QUESTIONS. THE BOARD MEMBER SHALL NOT ATTEMPT TO EXERT INFLUENCE WITH RESPECT TO THE MATTER. THE BOARD MEMBER SHALL NOT BE COUNTED TOWARD THE QUORUM OF THE MEETING, WILL NOT BE ALLOWED TO VOTE ON THE MATTER AND SHALL NOT BE PRESENT DURING THE VOTE UNLESS IT IS BY SECRET BALLOT. ALL THESE CONSIDERATIONS WILL BE REFLECTED IN THE MEETING MINUTES. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE EXECUTIVE COMPENSATION COMMITTE OF THE BOARD OF TRUSTEES, CONSISTING OF THE TREASURER, SECRETARY, AND CHAIRPERSON OF THE BOARD, IS CHARGED WITH REVIEWING AND APPROVING THE COMPENSATION OF THE PRESIDENT. THIS WAS LAST DONE IN CALENDAR YEAR 2023 WHEN THE BOARD HIRED JAY BYERS AS PRESIDENT OF SIMPSON COLLEGE. THE COMMITTEE USES COMPARABILITY DATA SUCH AS A SURVEY ISSUED TO SEVERAL PRIVATE COLLEGES REGARDING TOTAL COMPENSATION FOR A PRESIDENT CONDUCTED BY AN INDEPENDENT COMPENSATION CONSULTANT AND SALARY DATA FOR PRIVATE COLLEGE ADMINISTRATOR POSITIONS PROVIDED BY A STATE ASSOCIATION OF INDEPENDENT PRIVATE COLLEGES. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE PRESIDENT ESTABLISHES SALARIES FOR ALL OTHER KEY EMPLOYEES BASED ON COMPARABLE MARKET DATA AND OTHER FACTORS. THIS WAS LAST DONE IN CALENDAR YEAR 2023. Form 990, Part VI, Line 19 Required documents available to the public UPON WRITTEN REQUEST TO THE PRESIDENT OR VICE PRESIDENT FOR BUSINESS FINANCE, THE COLLEGE WILL MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. CHARITABLE REMAINDER TRUST (1) TRUST NY NA false false false true false false false false false false false false false false false false false false false false