2024-05-14T17:55:46-04:00 2023-06-30 882802798 FORGE FINANCIAL & MANAGEMENT CONSULTING 1245 JORDAN CREEK PKWY STE 100 WEST DES MOINES IA 502662343 990 2022-07-01 421315493 MAHARISHI INTERNATIONAL UNIVERSITY MAHA 6414727000 1000 N 4TH ST FAIRFIELD IA 52557 MR MICHAEL SPIVAK TREASURER 6414701377 2024-05-14 true MICHAEL SPIVAK 999009999 false ROSS VANLAAR CPA P01532250 5156203050 2024-05-14 2022 2023-04-26 12:10:37Z DR JOHN HAGELIN 1000 NORTH 4TH STREET FAIRFIELD IA 52557 62607782 false X WWW.MIU.EDU X 1988 IA EDUCATION USED TO DEVELOP EVERY STUDENT'S CREATIVE POTENTIAL THROUGH MAHARISHI'S CONSCIOUSNESS-BASED EDUCATION, THEREBY RAISING EVERY NATION TO INVINCIBILITY AND CREATING PEACE AND PROSPERITY FOR OUR WORLD FAMILY. 33 27 1276 457 11486035 10998587 50461934 50118690 300606 184010 1105783 1293505 63354358 62594792 5067423 4525263 0 25982718 29116535 0 634041 22963689 25591146 54013830 59232944 9340528 3361848 86101513 94352815 28171605 33678019 57929908 60674796 EDUCATION USED TO DEVELOP EVERY STUDENT'S CREATIVE POTENTIAL THROUGH MAHARISHI'S CONSCIOUSNESS-BASED EDUCATION, THEREBY RAISING EVERY NATION TO INVINCIBILITY AND CREATING PEACE AND PROSPERITY FOR OUR WORLD FAMILY. false false 36642486 2886477 47658690 PROVIDES ACCREDITED POST SECONDARY EDUCATION TO APPROXIMATELY 2,693 STUDENTS INCLUDING BACHELOR'S DEGREES, MASTER'S DEGREES AND PHD'S IN ARTS, SCIENCES, BUSINESS AND HUMANITIES. 4645614 1171065 2460000 PROVIDES GRADE SCHOOL, GRADES 1 - 12, TO APPROXIMATELY 148 STUDENTS WHERE IT IDENTIFIES ESSENTIAL CONCEPTS AND SKILLS IN LITERACY, MATHEMATICS, SCIENCE, SOCIAL STUDIES, AND 21ST CENTURY SKILLS. ENHANCES STUDENT ENGAGEMENT BY EMPHASIZING INTEREST, ROBUST AND RELEVANT LEARNING EXPERIENCES. TAKES LEARNING TO A DEEPER LEVEL BY MOVING STUDENTS BEYOND SUPERFICIAL KNOWLEDGE TO DEEP CONCEPTUAL AND PROCEDURAL KNOWLEDGE. PROVIDES DIRECTION FOR TEACHERS REGARDING EFFECTIVE INSTRUCTION AND ASSESSMENT. 41288100 true true false false false false false false false true true true false false true true false true true false false false false false true false false true true false true false false false false false false false false false true false false false false true true true true false false true 314 0 true 1276 true false false false false false false false false false false false false X 33 27 true true false false false false false true true false false true true true true true true true true true true X MICHAEL SPIVAK 6414727000 1000 N 4TH ST FAIRFIELD IA 52557 X DR JOHN HAGELIN PRESIDENT 30.00 X X 121876 0 10800 DR KEITH WALLACE TRUSTEE 0.50 0.50 X 31200 0 20400 DR BEVAN MORRIS PRES-CHAIR E 0.50 30.00 X 0 24000 3600 DR CAROLYN KING TRUSTEE 0.50 X 5400 0 8400 MR JEFFREY ABRAMSON TRUSTEE/CHAI 0.50 X X 0 0 0 DR ROGERS BADGETT TRUSTEE 0.50 X 0 0 0 DR BRUCE CURRIVAN TRUSTEE 0.50 X 0 0 0 MR JIM DAVIS TRUSTEE 0.50 X 0 0 0 MRS DIANE DAVIS TRUSTEE 0.50 X 0 0 0 DR MARTIN DAVY TRUSTEE 0.50 X 0 0 0 DR SUSAN DILLBECK TRUSTEE 0.50 X 0 0 0 MR MICHAEL DIMICK TRUSTEE 0.50 X 0 0 0 DR BARBARA DREIER TRUSTEE 0.50 X 0 0 0 MR TOM FACTOR TRUSTEE 0.50 X 0 0 0 MRS JOSEPHINE B FAUERSO TRUSTEE 0.50 0.50 X 0 0 0 CAPT SCOTT GOULD TRUSTEE 0.50 X 0 0 0 MR MICHAEL HEINRICH TRUSTEE 0.50 X 0 0 0 MR BLAKE FOGEL RESIGNED 63022 TRUSTEE 0.50 X 0 0 0 MR DOUG GREENFIELD TRUSTEE 0.50 X 0 0 0 MRS TOBY LIEB TRUSTEE 0.50 X 0 0 0 MR ED MALLOY TRUSTEE 0.50 X 0 0 0 MR TED MCLAUGHLIN TRUSTEE 0.50 X 0 0 0 DR NEIL PATERSON TRUSTEE 0.50 X 0 0 0 MR ERIC SCHWARTZ TRUSTEE 0.50 X 0 0 0 MR RAM SHRIVASTAVA TRUSTEE 0.50 X 0 0 0 DR TOM STANLEY TRUSTEE/VICE 0.50 X X 0 0 0 MRS LAURA WEGE TRUSTEE 0.50 X 0 0 0 DR MAUREEN WYNNE TRUSTEE 0.50 0.50 X 0 0 0 MS RENA BOONE TRUSTEE 0.50 X 0 0 0 DR LORENZA GARGHETTI TRUSTEE 0.50 X 0 0 0 DR NAKISHA HOBBS TRUSTEE 0.50 X 0 0 0 DR KWESI ORGLE TRUSTEE 0.50 X 0 0 0 DR ANDY ZHONG TRUSTEE 0.50 X 0 0 0 DR SCOTT HERRIOTT PROVOST 30.00 X X 51624 0 1200 DR NAT GOLDHABER TRUSTEE EMER 0.50 X 0 0 0 DR PAUL GELDERLOOS TRUSTEE EMER 0.50 X 0 0 0 DR MICHAEL DILLBECK TRUSTEE EMER 0.50 X 0 0 0 DR RAVI PATEL TRUSTEE EMER 0.50 X 0 0 0 MR BOB DANIELS TRUSTEE EMER 0.50 X 0 0 0 DR VERNON KATZ TRUSTEE EMER 0.50 X 0 0 0 DR FRED GRATZON TRUSTEE EMER 0.50 X 0 0 0 MS JONI KIMBERLIN TRUSTEE EMER 0.50 X 0 0 0 DR VINCENT ARGIRO TRUSTEE EMER 0.50 X 0 0 0 DR RAMANI AYER TRUSTEE EMER 0.50 X 0 0 0 DR RASHI GLAZER TRUSTEE EMER 0.50 X 0 0 0 DR CHRISTOPHER HARTNETT TRUSTEE EMER 0.50 X 0 0 0 MR DAVID LYNCH TRUSTEE EMER 0.50 X 0 0 0 DR STEVE RUBIN TRUSTEE EMER 0.50 X 0 0 0 DR JANE SCHMIDT-WILK FACULTY TRUS 0.50 X 0 0 0 MR AMINE KOUIDER RESIGNED 63022 FACULTY TRUS 0.00 X 0 0 0 MR MICHAEL SPIVAK TREASURER 30.00 1.00 X 35568 0 18660 MRS SUSAN TRACY SECRETARY 30.00 X 0 0 0 MR TOM BROOKS VP OF OPERAT 30.00 0.50 X 34884 0 19020 MR DAVID TODT CHIEF ADMIN 30.00 0.50 X 41169 0 20040 DR CRAIG PEARSON ASSISTANT TO 30.00 X 34884 0 20400 DR ROD EASON VP-ENROLLMEN 30.00 X 45939 0 5200 402544 24000 127720 1 false false false ARAMARK CORPORATION 27310 NETWORK PLACE CHICAGO IL 606731273 FACILITY MGMT 3364374 ALADDIN FOOD MANAGEMENT SERVICE 16567 COLLECTION CENER DRIVE CHICAGO IL 60693 FOOD SERVICE 3061965 PROSPER COMPANIES 903 W BROADWAY FAIRFIELD IA 52556 CONSTRUCTION 617202 TOP NOTCH CLEANING PO BOX 1493 FAIRFIELD IA 52556 CONSTRUCT/HOUSE 550000 JORGE ALVA DIAZ 226 N DAVIS ST OTTUMWA IA 52501 GROUNDS/CONSTRU 537119 15 763926 10234661 10998587 TUITION AND FEES 611600 41187420 41187420 ROOM AND BOARD 721310 7333408 7333408 AUXILIARY ENTERPRISES 611710 1597862 1597862 50118690 197000 197000 395213 395213 395213 395213 12990 -12990 -12990 -12990 104586 104586 104586 457 457 457 OTHER REVENUE 511190 793249 793249 793249 62594792 50898949 457 696799 467721 467721 4057542 4057542 526664 393988 132676 21088858 16316091 4364343 408424 6104432 4466641 1637791 1396581 1036895 328442 31244 31570 31570 92970 92970 5793670 4558979 1146071 88620 2757521 17138 2740383 70676 24616 46060 6130 1058 4914 158 5566693 3925118 1641575 272070 175546 89194 7330 828164 593056 235108 2560231 1869202 691029 1222727 343566 879161 BAD DEBTS 2719447 2719447 SUPPLIES 2367828 1755454 560169 52205 BOOKS 781371 781371 PUBLIC SERVICE 504118 504118 15960 15960 59232944 41288100 17310803 634041 1413167 4558922 225717 210717 18694595 24852976 1157572 962404 179429 284856 423007 489066 111518235 65960958 44417452 45557277 18026320 14260400 1564254 3176197 86101513 94352815 4583022 4094738 487629 530726 7359326 7060631 13722478 20332396 2019150 1659528 28171605 33678019 X 51490908 52951796 6439000 7723000 57929908 60674796 86101513 94352815 X 3361848 270040 -887000 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11628000 52000 780000 1232000 11228000 11507000 60000 188000 127000 11628000 10041000 937000 859000 330000 11507000 7745000 2196000 601000 501000 10041000 7806000 3000 386000 450000 7745000 0.77000 0.23000 false false 7037753 7037753 74359550 40167854 34191696 5225046 3619554 1605492 19324954 16716778 2608176 5570932 5456772 114160 45557277 LIMITED PARTNERSHIP INTERESTS 3688739 F CASH AND CASH EQUIVALENTS 3577408 F REAL ESTATE 2109000 F RESTRICTED CASH 2038717 F EQUITY SECURITIES 1868485 F SOLAR PROJECT 750000 F ANNUITIES 211051 F ART 17000 F 14260400 REFUNDABLE DEPOSITS 653202 ASSETS HELD FOR ANOTHER ORG 587000 ADVANCE FROM FED GOVERNMENT - ST LOA 419326 1659528 X SCHEDULE D, PAGE 2, PART V, LINE 4 SCHOLARSHIPS AND OTHER DESIGNATIONS CONSISTENT WITH THE EXEMPT PURPOSE OF THE UNIVERSITY. SCHEDULE D, PAGE 3, PART X THE UNIVERSITY HAS EVALUATED ITS TAX POSITIONS AND BELIEVES THERE ARE NO UNCERTAIN TAX POSITIONS. THE UNIVERSITY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 THE UNIVERSITY COMMUNICATES WITH STUDENTS DURING RECRUITMENT AND ADMISSION PROCESS AND ALSO PUBLISH ON WEBSITE AND CATALOG. SCHEDULE E, LINE 6 RECEIPT OF GOVERNMENT GRANTS AND AWARDS INCLUDING NATIONAL SCIENCE FOUNDATION, NATIONAL INSTITUTE OF HEALTH, US DEPT OF EDUCATION, SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT, COLLEGE WORK STUDY, PELL GRANT, PERKINS LOANS, FAMILY EDUCATIONAL LOAN PROGRAM SPRING FUNDRAIS 84417 84417 BIKE FEST 20169 20169 104586 104586 104586 true MAHARISHI GLOBAL ADMIN NATURAL LAW 1770 BRAHMANANDA SARASWATI DRIVE MAHARISHI VEDIC CITY IA 52556 952485909 501C3 22820 RESEARCH IN CONSCIOU MAHARISHI PURUSHA PROGRAM 1901 GUILD DRIVE FAIRFIELD IA 52556 561824160 501C3 135000 RESEARCH IN CONSCIOU MAHARISHI FOUNDATION PO BOX 670 FAIRFIELD IA 52556 043196447 501C3 164551 CONSC.-BASED EDUCATI JEFFERSON COUNTY FARMERS AND NEIGHBORS INC PO BOX 811 FAIRFIELD IA 52556 141926280 501C3 8400 COMMUNITY EDUCATION BRAHMANANDA SARASWATI FOUNDATION PO BOX 2316 FAIRFIELD IA 52556 262986750 501C3 120950 CONSC. BASED EDUCATI PATHFINDERS RC&D AREA INC 304 S MAPLE ST FAIRFIELD IA 52556 421127993 501C3 15000 CONSC. BASED EDUCATI 6 INSTITUTIONAL AID SCHOLAR 827 4057542 SCHEDULE I, PAGE 1, PART I, LINE 2 ALL GRANT RECIPIENTS ARE REQUIRED TO SATISFACTORILY FILL OUT A PRE-GRANT REQUEST APPLICATION CONFIRMING THE INTENDED USE OF THE FUNDS FOR CHARITABLE PURPOSES CONSISTENT WITH THE UNIVERSITY'S MISSION. THE GRANTEE ALSO ACKNOWLEDGES IN WRITING THEREIN THE REQUIREMENT THAT ALL FUNDS BE USED FOR SUCH PURPOSES, PERIODIC REPORTING ON EXPENDITURES, AND THAT FUNDS WILL NEED TO BE RETURNED TO GRANTOR IF NOT USED OR TO BE USED IN FURTHERANCE OF THE CHARITABLE PURPOSE. THESE PROVISIONS OF THE APPLICATION COINCIDE WITH THE PRIVATE FOUNDATION EXPENDITURE RESPONSIBILITY REQUIREMENTS OF IRS REGULATIONS. GRANTS TO INDIVIDUALS ARE ALL SCHOLARSHIPS MONITORED AS FOLLOWS: "FINANCIAL NEED" IS THE BASIS FOR ASSIGNING MOST INSTITUTIONAL SCHOLARSHIP, BASED ON ANALYSIS OF FAMILY FINANCES FOR TUITION AFFORDABILITY. SOME INSTITUTIONAL SCHOLARSHIP IS BASED ON INTERN WORK EXCHANGE SOME INSTITUTIONAL SCHOLARSHIP IS BASED ON MERIT ASSIGNED FOR DIFFERENT PURPOSES FOR DIFFERENT SCHOLARSHIPS, FOR INSTANCE, A DONOR MAY SPECIFY SOME CRITERIA FOR SOME SPECIFIC DONATED SCHOLARSHIP. A MAHARISHI VEDIC CITY IOWA 421523132 2015-05-28 9050000 SEE PART VI 1. REFUNDING BONDS ISSUED ON 11/3/2006 ORIGINALLY ISSUED TO REFUND PRIOR BONDS AND TO FI false false false A 1989369 9050000 44144 3050856 5950000 2015 true false true true A false false true false false false false true A false true false false false false false false false A true PURPOSE OF ISSUE DESCRIPTION MAHARISHI VEDIC CITY, IOWA SEE PART VI 1. REFUNDING BONDS ISSUED ON 11/3/2006 ORIGINALLY ISSUED TO REFUND PRIOR BONDS AND TO FINANCE CONSTRUCTION OF NEW FACILITIES ON CAMPUS. 2. REFINANCING A LOAN TO FINANCE RENOVATIONS SUCH AS ROOFS, DOORS, WINDOWS, SIDING, CARPETING, HVAC, AND VARIOUS OTHER IMPROVEMENTS. 3. FINANCE RENOVATIONS AND ROOF REPAIRS TO VARIOUS CLASSROOMS, OFFICE, AND RESIDENTIAL BUILDINGS, AND THE PURCHASE OF EQUIPMENT. ED MALLOY AND DOUG GREENFIELD TRUSTEES 138767 BUILDING RENT false SCHEDULE L, PART V ED MALLOY AND DOUG GREENFIELD PROVIDE BUILDING RENT TO THE ORGANIZATION THROUGH THEIR BUSINESS, NYA L.L.C. FORM 990, PAGE 6, PART VI, LINE 2 DR MICHAEL DILLBECK DR SUSAN DILLBECK TRUSTEE EMER TRUSTEE HUSBAND AND WIFE JIM DAVIS DIANE DAVIS TRUSTEE TRUSTEE HUSBAND AND WIFE ED MALLOY DOUG GREENFIELD TRUSTEE TRUSTEE OWN BUILDING RENTED TO ORG SCOTT HERRIOTT VICKI HERRIOTT TRUSTEE FACULTY DEAN HUSBAND AND WIFE FORM 990, PAGE 6, PART VI, LINE 3 MANAGEMENT OF FOOD SERVICE AND FACILITIES OPERATIONS IS DELEGATED TO MANAGEMENT COMPANIES. FORM 990, PAGE 6, PART VI, LINE 11B IN ADDITION TO REVIEW BY THE TREASURER AND CONTROLLER, A COPY OF FORM 990 WAS PROVIDED TO EACH TRUSTEE. FORM 990, PAGE 6, PART VI, LINE 12C ANNUALLY A CONFLICT OF INTEREST QUESTIONNAIRE IS PROVIDED TO TRUSTEES AND REVIEWED UNDER THE WRITTEN CONFLICTS POLICY BY THE INSTITUTION'S GENERAL COUNSEL AND CONFLICTS REVIEW COMMITTEE IF AN APPARENT CONFLICT IS FOUND AND ACTION IS RECOMMENDED. UPON HIRE, FACULTY AND ADMINISTRATORS ARE ADVISED OF CONFLICTS POLICY AND UPON DISCLOSURE OF CONFLICTS THE COMMITTEE REVIEWS SUCH CONFLICTS FOR APPROPRIATE ACTION. FORM 990, PAGE 6, PART VI, LINE 15A COMPARABLE SALARIES FOR CEO AND OFFICERS AND KEY EMPLOYEES ARE RESEARCHED BY THE UNIVERSITY. THEY ARE CURRENTLY FOUND TO BE AT LEVELS BELOW THE 10TH PERCENTILE OR BETWEEN 25% AND 50% OF THE MEDIAN WAGE NATIONALLY FOR ADMINISTRATIVE (CEO) OR KEY ADMINISTRATIVE OR FACULTY POSITIONS. THIS DATA WAS DETERMINED FROM THE FEDERAL INTEGRATED POSTSECONDARY EDUCATION DATA SYSTEM (IPEDS) AND BUREAU OF LABOR STATISTICS OCCUPATIONAL EMPLOYMENT STATISTICS REPORT. SHOULD SUCH WAGES APPROACH 90% OF THOSE REPORTED MEDIAN WAGE FIGURES, AN INDEPENDENT REVIEW, COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION WOULD BE OBTAINED. FORM 990, PAGE 6, PART VI, LINE 15B COMPARABLE SALARIES FOR CEO AND OFFICERS AND KEY EMPLOYEES ARE RESEARCHED BY THE UNIVERSITY. THEY ARE CURRENTLY FOUND TO BE AT LEVELS BELOW THE 10TH PERCENTILE OR BETWEEN 25% AND 50% OF THE MEDIAN WAGE NATIONALLY FOR ADMINISTRATIVE (CEO) OR KEY ADMINISTRATIVE OR FACULTY POSITIONS. THIS DATA WAS DETERMINED FROM THE FEDERAL INTEGRATED POSTSECONDARY EDUCATION DATA SYSTEM (IPEDS) AND BUREAU OF LABOR STATISTICS OCCUPATIONAL EMPLOYMENT STATISTICS REPORT. SHOULD SUCH WAGES APPROACH 90% OF THOSE REPORTED MEDIAN WAGE FIGURES, AN INDEPENDENT REVIEW, COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION WOULD BE OBTAINED. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII TRUSTEE EMERITUS: THE FOLLOWING TRUSTEES DO NOT HAVE VOTING RIGHTS. DR. NAT GOLDHABER, DR. PAUL GELDERLOOS, DR. MICHAEL DILLBECK, DR. RAVI PATEL, MR. BOB DANIELS, DR. VERNON KATZ, DR. FRED GRATZON, AND MS. JONI KIMBERLIN. FORM 990, PART XI, LINE 9 IMPAIRMENT LOSS -887,000 FOR THE YEAR ENDED JUNE 30, 2023, MANAGEMENT IDENTIFIED THAT THE CARRYING VALUE OF A LONG-LIVED ASSET(HELD AS PROPERTY AND EQUIPMENT) EXCEEDED THE FAIR VALUE. MANAGEMENT DETERMINED THE FAIR VALUE BASED ON THE SALE OF THE ASSET SUBSEQUENT TO YEAR-END, AND EVALUATED CHANGES IN MARKET CONDITIONS DATING BACK TO JUNE 30, 2023, NOTING THAT THE CARRYING VALUE AT JUNE 30, 2023 OF THE LAND AND BUILDING OF 5,037,000 EXCEEDED THE FAIR VALUE (4,150,000) BY 887,000. THE IMPAIRMENT LOSS IS RECORDED IN OTHER INCOME (EXPENSE) ON THE STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS FOR THE YEAR ENDED JUNE 30, 2023. MAHARISHI INTERNATIONAL UNI RE LLC REAL ESTATE CORPORATION 1000 NORTH 4TH ST FAIRFIELD IA 52557 812247449 REALESTATE IA 2515868 1130521 MUM MAHARISHI INTERNATIONAL UNIV FOUND TREASURERS OFFICE FAIRFIELD IA 52557 391896290 SUP ORG IA 501C3 12A MAHARISHI UNIVERSITY OF MANAGEMENT true PLEASANT PLAIN INVESTMENT LTD 2000 NORTH COURT 20D FAIRFIELD IA 52556 421326047 RENTS IA MAHARISHI UNIVERSITY OF MANAGEMENT EXCLUDED 395213 3104311 false false PLEASANT PLAIN MOBILE HOME CORP 2000 N COURT 20D FAIRFIELD IA 52556 421269423 RENTS IA MAHARISHI UNIVERSITY OF MANAGEMENT C CORP false false false false false false false false false false false false false true false false false false false false PLEASANT PLAIN INVESTMENT LTD M 250000 CASH MIU FOUNDATION M 164551 CASH