2024-05-03T10:33:07-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 8390 EAST CRESCENT PARKWAY SUITE 300 GREENWOOD VILLAGE CO 80111 990 2022-07-01 362166962 AUGUSTANA COLLEGE AUGU 3097947499 639 38TH STREET ROCK ISLAND IL 61201 KIRK ANDERSON VP FOR FINANCE AND ADMIN 3097947203 2024-04-01 1 KIRK ANDERSON XXX-XX-XXXX 0 SARAH HINTZ P00492291 3037795710 2024-04-30 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KIRK ANDERSON 639 38TH STREET ROCK ISLAND IL 61201 173842115 0 X WWW.AUGUSTANA.EDU X 1860 IL OFFER A CHALLENGING EDUCATION THAT DEVELOPS THE QUALITIES OF MIND, SPIRIT AND BODY FOR STUDENTS. 36 35 2222 250 427533 346744 20884029 14073874 127188633 131611596 8778115 8004914 -152368 244597 156698409 153934981 68431383 71220765 0 0 41986697 47092017 0 119307 1354193 35363760 32796746 145781840 151228835 10916569 2706146 397582997 398245287 60037683 45573900 337545314 352671387 X ROOTED IN THE LIBERAL ARTS & SCIENCES & LUTHERAN EXPRESSION OF THE CHRISTIAN FAITH, & IS COMMITTED TO OFFERING A CHALLENGING EDUCATION THAT DEVELOPS QUALITIES OF MIND, SPIRIT, & BODY NECESSARY FOR A REWARDING LIFE OF LEADERSHIP & SERVICE IN A DIVERSE & CHANGING WORLD. 0 0 99767807 71220765 110284085 HIGHER EDUCATION: INSTRUCTION - INCLUDES 73 ACADEMIC MAJORS, FOREIGN STUDY PROGRAMS, HONORS PROGRAMS, AND OTHER EDUCATIONAL RELATED DEPARTMENTS SERVICING APPROXIMATELY 2,500 TOTAL STUDENTS AND STAFFED BY APPROXIMATELY 300 FACULTY MEMBERS. 13779568 0 1902388 HIGHER EDUCATION: ACADEMIC SUPPORT - INCLUDES LIBRARY SUPPORT OF 160,000 TOTAL VOLUMES, AUDIOVISUAL MATERIALS AND EQUIPMENT, ART EXHIBITS, JAZZ, THEATER, BAND, CHOIR, INTERCOLLEGIATE ATHLETICS, AND RELATED ACTIVITIES SERVICING THE STUDENT AND THE COMMUNITY. 12523889 0 19379782 HIGHER EDUCATION: AUXILIARY ENTERPRISES - SERVES THE STUDENT COMMUNITY BY SELLING TEXTBOOKS AND OTHER INSTRUCTIONAL MATERIALS AND SUPPLIES, AND PROVIDES MEAL SERVICE AND HOUSING. 11212475 0 0 HIGHER EDUCATION: STUDENT SERVICES - SERVES THE STUDENT COMMUNITY BY PROVIDING REGISTRATION ASSISTANCE, COUNSELING, CAREER PLANNING, INTERNSHIPS, FINANCIAL ASSISTANCE, MULTICULTURAL PROGRAMMING, ORIENTATION AND ADVISING, INTRAMURAL SPORTS, AND OTHER RELATED PROGRAMS.HIGHER EDUCATION: PUBLIC SERVICES - INCLUDES A CENTER FOR COMMUNICATIVE DISORDERS, ART PROGRAMS, ALUMNI PROGRAMS, COMMUNITY SERVICE AND A NATIONAL PUBLIC RADIO STATION SERVING THE STUDENTS AND COMMUNITY.HIGHER EDUCATION: RESEARCH - SUPPORTS EXTENSIVE OPPORTUNITIES FOR STUDENTS AND FACULTY TO CONDUCT RESEARCH ON AND OFF CAMPUS. 11212475 0 0 137283739 1 1 0 1 0 0 1 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 2780 0 1 2222 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 36 35 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CT DC FL GA HI IL IN LA MA MD ME MI MN MO NC NH NY OR SC VA WA WI X KIRK ANDERSON 3097947203 639 38TH STREET ROCK ISLAND IL 61201 ANDREA TALENTINO PRESIDENT 55.00 X X 191326 0 91525 JOHN MURABITO CHAIR OF THE BOARD 3.00 X X 0 0 0 WILEY ADAMS VP OF BOARD 1.00 X X 0 0 0 CHRISTOPHER COULTER TRUSTEE 1.00 X 0 0 0 STACIE FIDLAR TRUSTEE 1.00 X 0 0 0 MICHAEL GAPEN TRUSTEE 1.00 X 0 0 0 EDNA GARRETT TRUSTEE 1.00 X 0 0 0 MURRY GERBER TRUSTEE 1.00 X 0 0 0 RICHARD GODFREY TRUSTEE 1.00 X 0 0 0 DAN GOTTSCHLING TRUSTEE 1.00 X 0 0 0 ANN HASSELMO DIE TRUSTEE 1.00 X 0 0 0 DIANE GUSTAFSON HILL TRUSTEE 1.00 X 0 0 0 DOUGLAS HULTQUIST TRUSTEE 1.00 X 0 0 0 NATALIE KESSLER TRUSTEE 1.00 X 0 0 0 CHARLES KIM TRUSTEE 1.00 X 0 0 0 CHRISTINA KLEIN TRUSTEE 1.00 X 0 0 0 MILLICENT KNIGHT TRUSTEE 1.00 X 0 0 0 ERIC LINDBERG TRUSTEE 1.00 X 0 0 0 BARBARA LUNDBLAD TRUSTEE 1.00 X 0 0 0 ALLYSON MARTINEZ TRUSTEE 1.00 X 0 0 0 ROBERT MITCHUM TRUSTEE 1.00 X 0 0 0 SHELBY OLSON TRUSTEE 1.00 X 0 0 0 CAMERON ONUMAH TRUSTEE 1.00 X 0 0 0 GAIL RICHARD TRUSTEE 1.00 X 0 0 0 MARK SARAN TRUSTEE 1.00 X 0 0 0 LEE SELANDER TRUSTEE 1.00 X 0 0 0 CHRIS SEYFARTH TRUSTEE 1.00 X 0 0 0 SANDRA SHOCKLEY TRUSTEE 1.00 X 0 0 0 PETER SIMSHAUSER TRUSTEE 1.00 X 0 0 0 MICHAEL STUREK TRUSTEE 1.00 X 0 0 0 SUNDER SUBBAROYAN TRUSTEE 1.00 X 0 0 0 KELLY TIEVES TRUSTEE 1.00 X 0 0 0 CHERYL TRUE TRUSTEE 1.00 X 0 0 0 THOMAS WEIGAND TRUSTEE 1.00 X 0 0 0 AARON WETZEL TRUSTEE 1.00 X 0 0 0 MARK WILHELM TRUSTEE 1.00 X 0 0 0 KENT BARNDS EXEC. VP ENROLL., COMM., ADVANCE. 55.00 X 310378 0 30139 KIRK ANDERSON VP OF FINANCE AND ADMINISTRATION 55.00 X 243038 0 20599 SHERI CURRAN GENERAL COUNSEL AND SECRETARY 55.00 X 210783 0 12243 WENDY HILTON-MORROW PROVOST AND DEAN OF THE COLLEGE 55.00 X 208701 0 12143 WESLEY BROOKS DEAN AND VP STUDENT SERVICES 55.00 X 173547 0 21474 MONICA SMITH VP OF DIVERSITY, EQUITY & INCLUSION 40.00 X 165861 0 18273 CHRISTOPHER VAUGHAN ASST VP CHIEF INFORMATION OFFICER 40.00 X 132751 0 64563 JOHN DELANEY PROFESSOR 40.00 X 132250 0 15542 JON HURTY PROFESSOR 40.00 X 128475 0 12879 MELINDA ZUMDOME DIRECTOR OF HUMAN RESOURCES 40.00 X 125875 0 4000 PETER KIVISTO PROFESSOR 40.00 X 123331 0 18158 STEVE BAHLS FORMER PRESIDENT 40.00 X 449034 0 35922 2595350 0 357460 27 1 1 0 BUSH CONSTRUCTION COMPANY 5401 VICTORIA AVE DAVENPORT IA 52807 CONSTRUCTION 4720575 PERFORMANCE FOOD GROUP 8001 TPC RD ROCK ISLAND IL 61201 FOOD SERVICE DISTRIBUTOR 1412093 HODGE CONSTRUCTION COMPANY INC 767 52ND AVE STE 201 MOLINE IL 61265 CONSTRUCTION 1273516 EAB GLOBAL INC 2445 M ST NW WASHINGTON DC DC 20037 MARKETING CONSULTANT 960256 NORTHWEST MECHANICAL INC 5885 TREMONT AVE DAVENPORT IA 52807 HVAC SERVICES 547124 49 1127459 12946415 635575 14073874 TUITION & FEES 611710 110284085 110284085 AUXILIARY SERVICES 611710 19379782 19379782 ED DEPT SERVICES 611710 1902388 1902388 PEPSICO AND OTHER INCO 713940 28243 28243 CATERING 722320 17098 17098 131611596 4194518 382192 3812326 244597 0 244597 244597 244597 23717530 19907134 3810396 3810396 3810396 153934981 131566255 427533 7867319 71220765 71220765 1920392 630258 1236067 54067 250984 250984 34884583 30741568 3312874 830141 1656610 1488557 122541 45512 5871614 2709290 3162936 -612 2507834 2126234 321146 60454 17667 17667 98136 98136 119307 119307 4029030 2584460 1411962 32608 2428344 2151744 205395 71205 5856351 5282573 570867 2911 4743971 4102639 551752 89580 1556873 1543751 13122 7479105 6853008 626097 DINING SERVICES 2398393 2398393 AUGIE CHOICE 842509 842509 BOOKSTORE 379581 379581 STUDY AWAY 164173 164173 2802613 2064236 689357 49020 151228835 137283739 12590903 1354193 26362168 7424233 7084944 4784093 9541133 4703680 522993 541980 571537 665886 182318 222860 1051004 756973 299733427 146664178 147691861 153069249 141459518 170275371 53351183 49719652 1372505 1054064 8391833 5027246 397582997 398245287 5672935 5460242 43633104 33187061 3000000 0 7731644 6926597 60037683 45573900 X 211002553 225489410 126542761 127181977 337545314 352671387 397582997 398245287 X 2706146 12041669 378258 X X 0 1 X 1 1 1 X 12488356 20452798 17136173 20884029 14073874 85035230 12488356 20452798 17136173 20884029 14073874 85035230 22165494 62869736 4867761 4332085 3025602 3587288 4056923 19869659 254596 1058929 275932 417593 346744 2353794 863131 412664 430117 -483032 1222880 108481563 637563569 0.57950 0.56540 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 0 0 0 0 0 0 1 1641 1641 0 PART II-B, LINE 1: THE PRESIDENT SPENT ONE DAY TRAVELING TO THE STATE CAPITAL, SPRINGFIELD, TO ADVOCATE ON BEHALF OF HIGHER EDUCATION IN ILLINOIS. X 2 0.00 2 0 1 0 X X X 0 198918275 6775043 28023149 11536718 10892579 0 211287170 219304192 1970516 -14313181 4749594 3293658 0 198918275 169431514 12341969 47409162 5168193 4710260 0 219304192 180078608 1548448 -767176 5345053 6083313 0 169431514 175148027 6083311 6830570 3567003 4416297 0 180078608 0.43637 0.41778 0.14585 0 0 5729462 5729462 236321529 113644758 122676771 15076375 8476540 6599835 30460364 24542880 5917484 12145697 12145697 153069249 ALTERNATE INVESTMENTS: HEDGE FUNDS 27474850 F ALTERNATE INVESTMENTS: PRIVATE EQUITY 22072302 F US TREASURIES 172500 F 49719652 ASSET RETIREMENT OBLIGATION 2690035 STUDENT DEPOSITS 890792 ANNUITIES PAYABLE 2016530 US GOVERNMENT PAYABLE 1329240 6926597 X 95298070 12041669 21525 -70700105 -58636911 153934981 0 153934981 80171997 21525 -71078363 -71056838 151228835 0 151228835 PART II, LINE 9: OLD MAIN IS A HISTORIC BUILDING ON THE CAMPUS OF AUGUSTANA COLLEGE AND IS LISTED ON THE NATIONAL REGISTER OF HISTORIC PLACES. THE BUILDING UNDERWENT A $13 MILLION RENOVATION IN 2010 WHICH SHOWS UP ON THE STATEMENT OF FINANCIAL POSITION AS A FIXED ASSET. OLD MAIN IS CURRENTLY USED AS AN ACADEMIC BUILDING. HOUSE ON THE HILL (WEYERHAEUSER HOUSE) WAS DONATED TO THE COLLEGE IN 1954 AND IS LISTED ON THE NATIONAL REGISTER OF HISTORIC PLACES. HOUSE ON THE HILL IS USED AS A RESIDENCE FOR STUDENTS AND FOR SPECIAL EVENTS. HOUSE ON THE HILL SHOWS ON THE STATEMENT OF FINANCIAL POSITION AS A FIXED ASSET. PART III, LINE 1A: THE COLLECTIONS WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE COLLEGE'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR WHICH THE ITEMS ARE ACQUIRED OR AS TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. PART V, LINE 4: THE ENDOWMENT'S PRIMARY PURPOSE IS TO PROVIDE SUPPORT TO BOTH AUGUSTANA COLLEGE'S GENERAL OPERATING BUDGET, TO STUDENT SCHOLARSHIPS AND AWARDS, AND TO SUPPORT FACULTY CHAIRS AND PROFESSORSHIPS. PART X, LINE 2: TAX POSITIONS ARE NOT OFFSET OR AGGREGATED WITH OTHER POSITIONS. TAX POSITIONS THAT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50% LIKELY TO BE REALIZED ON SETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. THE PORTION OF THE BENEFITS ASSOCIATED WITH TAX POSITIONS TAKEN THAT EXCEEDS THE AMOUNT MEASURED AS DESCRIBED ABOVE WOULD BE REFLECTED AS A LIABILITY FOR UNCERTAIN TAX BENEFITS IN THE ACCOMPANYING STATEMENTS OF FINANCIAL POSITION ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. AS OF JUNE 30, 2023 AND 2022, THERE WERE NO UNCERTAIN TAX POSITIONS IDENTIFIED. THE COLLEGE DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. FORMS 990 AND 990-T FILED BY THE COLLEGE ARE SUBJECT TO EXAMINATION BY THE IRS UP TO THREE YEARS FROM THE EXTENDED DUE DATE OF EACH RETURN. MANAGEMENT BELIEVES THE FORMS 990 AND 990-T HAVE BEEN FILED APPROPRIATELY. THE COLLEGE WOULD RECOGNIZE INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX POSITIONS IN INTEREST AND INCOME TAX EXPENSE, RESPECTIVELY. THE COLLEGE HAS NO AMOUNTS ACCRUED FOR INTEREST OR PENALTIES AS OF JUNE 30, 2023 AND 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: ANNUITIES PAYABLE PRESENT VALUE ADJUSTMENT 242,619. CHANGE IN VALUE OF TRUSTS RECEIVABLES 135,639. SCHOLARSHIPS -71,220,765. OTHER NON-OPERATING ACTIVITY REPORTED WITH EXPENSES 142,402. PART XII, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS -71,220,765. OTHER NON-OPERATING ACTIVITY REPORTED WITH EXPENSES 142,402. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ALL MAJOR PUBLICATIONS DEALING WITH STUDENT ADMISSIONS, PROGRAMS AND SCHOLARSHIPS, INCLUDE OUR RACIALLY NONDISCRIMINATION POLICY AS TO THE STUDENTS. FURTHER, ALL WRITTEN ADVERTISING GIVEN TO PROSPECTIVE STUDENTS CONTAINS OUR POLICY STATEMENT. BECAUSE WE CUSTOMARILY DRAW ABOUT 90% OF OUR STUDENTS FROM OUTSIDE THE GENERAL COMMUNITY, WE DO NOT HAVE TO PUBLICIZE OUR NONDISCRIMINATORY POLICY TO THE GENERAL COMMUNITY. IN ORDER TO DEMONSTRATE THAT WE ARE FOLLOWING OUR POLICY, WE POINT TO OUR CURRENT FIRST YEAR ENROLLMENT OF RACIALLY MINORITY STUDENTS AT ABOUT 29.5%. WE FEEL THIS IS A MEANINGFUL NUMBER TO QUALIFY FOR THE PUBLIC NOTICE EXCEPTION PROVIDED BY SECTION 4.03(2)(B) OF REV. PROC. 75-50. SCHEDULE E, PART I, LINE 6 AUGUSTANA PARTICIPATES IN THE FEDERAL STUDENT AID PROGRAM ADMINISTERED THROUGH THE US DEPARTMENT OF EDUCATION. AUGUSTANA STUDENTS RECEIVE FUNDING FROM CAMPUS BASED PROGRAMS (SEOG AND FEDERAL WORK STUDY) AS WELL AS FEDERAL PELL GRANTS AND FEDERAL STUDENT LOANS. IN ADDITION, AUGUSTANA STUDENTS RECEIVE FUNDING VIA THE ILLINOIS MONETARY ASSISTANCE PROGRAM (MAP) GRANT. THE COLLEGE ALSO RECEIVED OTHER GRANTS THROUGH FEDERAL AND STATE PROGRAMS, SUCH AS THE DEPARTMENT OF EDUCATION AND NATIONAL SCIENCE FOUNDATION. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 29725775 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES OFF CAMPUS PROGRAMS/STUDY AWAY 36626 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES OFF CAMPUS PROGRAMS/STUDY AWAY 62065 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES OFF CAMPUS PROGRAMS/STUDY AWAY 533359 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES OFF CAMPUS PROGRAMS/STUDY AWAY 37763 NORTH AMERICA 0 0 PROGRAM SERVICES OFF CAMPUS PROGRAMS/STUDY AWAY 46130 SOUTH AMERICA 0 0 PROGRAM SERVICES OFF CAMPUS PROGRAMS/STUDY AWAY 104543 0 0 0 0 0 0 30546261 0 30546261 1 0 1 0 1 0 PART I, LINE 3: ACCRUAL BASIS. PART III ACCOUNTING METHOD: X X X X X X X 1 EAB GLOBAL 2445 M ST NW WASHINGTON DC DC 20037 CAMPAIGN MARKETING SERVICES 0 0 119307 0 119307 AK CO DC FL IL KY MA NV NH SC WA 1 HONORS SCHOLARSHIP 1501 34730332 0 N/A N/A AUGUSTANA GRANT 1420 5906102 0 N/A N/A TUITION EXCHANGE 37 1656341 0 N/A N/A PRESIDENTIAL SCHOLARSHIP 440 11708076 0 N/A N/A MERIT BASED SCHOLARSHIP 858 1688789 0 N/A N/A ALUMNI SCHOLARSHIP 128 123300 0 N/A N/A MINORITY SCHOLARSHIP 150 216512 0 N/A N/A OTHER SCHOLARSHIPS 2899 8691180 0 N/A N/A YELLOW RIBBON SCHOLARSHIP 1 4553 0 N/A N/A SEOG 504 280273 0 N/A N/A ANNUAL SCHOLARSHIP 204 501396 0 N/A N/A ENDOWED SCHOLARSHIP 987 4186358 0 N/A N/A STUDENT LANGUAGE REWARDS 12 29250 0 N/A N/A BOARD GRANT SCHOLARSHIPS 1189 1400064 0 N/A N/A CSD MASTERS SCHOLARSHIPS 48 98239 0 N/A N/A PART I, LINE 2: THE INSTITUTION AWARDS BOTH NEED BASED AND MERIT BASED FUNDS AND ARE DISTRIBUTED IN A FAIR AND EQUITABLE BASIS. FUNDS ARE AWARDED BASED ON THE INSTITUTION'S PACKAGING POLICIES AND AWARDING CRITERIA. STUDENT MUST COMPLETE THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) ON A YEARLY BASIS TO APPLY FOR NEED BASED INSTITUTIONAL ASSISTANCE. THE FAFSA RESULTS ARE USED TO DETERMINE ELIGIBILITY FOR NEED BASED AWARDS BASED ON THE ESTABLISHED INSTITUTION'S PACKAGING POLICIES. SPECIAL CIRCUMSTANCES MAY BE CONSIDERED WHEN AWARDING NEED BASED FUNDS AND ARE CONSIDERED ON AN INDIVIDUAL BASIS. STUDENT RECORDS/FILES ARE KEPT FOR 4 YEARS FROM THE DATE OF LAST ENROLLMENT. FILES WILL INCLUDE FAFSA AND ALL SUPPORTING DOCUMENTATION FOR DETERMINING ELIGIBILITY. THE COLLEGE MAINTAINS CONTROL OF THESE FUNDS BY APPLYING THEM DIRECTLY TO A STUDENT'S BILLING INSTEAD OF AWARDING THEM DIRECTLY TO THE STUDENT. X 1 1 X X X 0 0 0 0 0 0 0 0 0 STEVE BAHLS FORMER PRESIDENT 299034 0 150000 0 0 0 27778 0 8144 0 484956 0 0 0 KENT BARNDS EXEC. VP ENROLL., COMM., ADVANCE. 240378 0 70000 0 0 0 15143 0 14996 0 340517 0 0 0 ANDREA TALENTINO PRESIDENT 191326 0 0 0 0 0 20450 0 71075 0 282851 0 0 0 KIRK ANDERSON VP OF FINANCE AND ADMINISTRATION 208038 0 35000 0 0 0 12671 0 7928 0 263637 0 0 0 SHERI CURRAN GENERAL COUNSEL AND SECRETARY 185783 0 25000 0 0 0 11125 0 1118 0 223026 0 0 0 WENDY HILTON-MORROW PROVOST AND DEAN OF THE COLLEGE 183701 0 25000 0 0 0 11125 0 1018 0 220844 0 0 0 CHRISTOPHER VAUGHAN ASST VP CHIEF INFORMATION OFFICER 132751 0 0 0 0 0 8164 0 56399 0 197314 0 0 0 WESLEY BROOKS DEAN AND VP STUDENT SERVICES 148547 0 25000 0 0 0 9503 0 11971 0 195021 0 0 0 MONICA SMITH VP OF DIVERSITY, EQUITY & INCLUSION 145861 0 20000 0 0 0 9047 0 9226 0 184134 0 0 0 PART I, LINE 1A AS PART OF THE PRESIDENT'S CONTRACT THEY ARE REQUIRED TO RESIDE IN THE COLLEGE OWNED RESIDENCE AT THE COLLEGE'S EXPENSE, INCLUDING BUT NOT LIMITED TO, GROUNDS KEEPING, GENERAL MAINTENANCE AND ALL UTILITIES. THE PRESIDENT'S RESIDENCE IS AVAILABLE FOR COLLEGE RELATED BUSINESS AND ENTERTAINMENT ON A REGULAR AND CONTINUING BASIS. THESE BENEFITS ARE NOT CONSIDERED TAXABLE. A ILLINOIS EDUCATIONAL FACILITY AUTORITY 521297563 4520014E7 2003-02-13 7090000 CONSTRUCTION AND RENOVATION OF ATHLETIC FACILITIES, 2003B ISSUE 0 0 0 B QUAD CITIES REGIONAL DEVELOPMENT AUTHORITY 363580390 74731RAB7 2005-10-21 15000000 CONSTRUCT NEW RES HALLS AND RENOVATIONS 0 0 0 C ILLINOIS FINANCE AUTHORITY 861091967 000000000 2007-06-28 5000000 CONSTRUCT NEW APARTMENTS AND RENOVATE RES HALLS 0 0 0 A 3400000 7090000 49007 40993 7000000 2004 0 0 1 1 B 2300000 15000000 300000 57081 14642919 2008 0 0 1 1 C 5000000 100000 4900000 2010 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 1 0 0 0 1 B 0 0 0 1 1 0 0 0 1 C 0 0 1 0 0 0 0 0 1 A 1 B 1 C 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: ILLINOIS EDUCATIONAL FACILITY AUTORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 10/01/2007 ISSUER NAME: QUAD CITIES REGIONAL DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 01/07/2010 X 13 635575 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): COLUMN B IS NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1A THE CHAIRPERSON OF THE BOARD, THE VICE-CHAIRPERSON OF THE BOARD, THE CHAIRPERSONS OF EACH STANDING COMMITTEE, AND THE PRESIDENT OF THE COLLEGE SHALL CONSTITUTE THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE THE AUTHORITY OF THE BOARD, ACTING ON ITS BEHALF IN THE INTERIM BETWEEN STATED MEETINGS OF THE BOARD TO THE EXTENT PERMITTED BY LAW, EXCEPT THAT THE EXECUTIVE COMMITTEE SHALL NOT HAVE AUTHORITY TO AMEND THE CONSTITUTION OF THE COLLEGE, AMEND THE BYLAWS OF THE CORPORATION, ADOPT A PLAN OF MERGER OR CONSOLIDATION, OR COMMIT FOR SALE, LEASE, EXCHANGE OR OTHER DISPOSITION ALL OR A SUBSTANTIAL PORTION OF ALL THE PROPERTY AND ASSETS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO THE FULL BOARD OF TRUSTEES FOR REVIEW AND COMMENT VIA A SECURE WEBSITE PRIOR TO FILING; THE AUDIT AND RISK COMMITTEE OF THE BOARD FORMALLY APPROVES THE FORM 990 BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE COLLEGE HAS A CONFLICT OF INTEREST POLICY INCLUDED WITHIN ITS CODE OF CONDUCT WHICH IS DISTRIBUTED TO ALL EMPLOYEES VIA A PRINTED AND ELECTRONIC HANDBOOK. THE CODE REQUIRES THAT CONFLICTS BE DISCLOSED TO AN EMPLOYEE'S SUPERVISOR, THE GENERAL COUNSEL, OR THE COLLEGE PRESIDENT. THIS POLICY COVERS ALL EMPLOYEES AS WELL AS COLLEGE VISITORS, INCLUDING CONSULTANTS. TO AVOID A CONFLICT, EMPLOYEES ARE PROHIBITED FROM ACCEPTING A POSITION WITH ANOTHER EMPLOYER WITHOUT SUPERVISORY APPROVAL. ANY EMPLOYEE WISHING TO PERFORM CONSULTING SERVICES MUST OBTAIN PRIOR APPROVAL FROM THE PRESIDENT OF THE COLLEGE. FINALLY, GIFTS ARE STRICTLY LIMITED AND MUST BE DISCLOSED TO THE PRESIDENT'S OFFICE IF VALUED OVER $100. ADDITIONALLY, THE COLLEGE HAS A "SELF-STANDING" CONFLICT OF INTEREST POLICY WHICH IS REFERENCED IN THE CODE OF CONDUCT AND ALSO INCLUDED IN THE HANDBOOK. COMPLIANCE WITH THIS POLICY IS AFFIRMED IN WRITING EACH YEAR BY EACH INDIVIDUAL MEMBER OF THE BOARD OF TRUSTEES. THESE RESPONSES ARE REVIEWED BY THE GENERAL COUNSEL AND THE COLLEGE PRESIDENT; ANY POTENTIAL CONFLICTS WOULD ALSO BE REVIEWED BY THE AUDIT COMMITTEE AND EXECUTIVE COMMITTEE. ULTIMATELY, THE AUDIT COMMITTEE WOULD DETERMINE THE EXISTENCE OF A CONFLICT AND THE APPROPRIATE REMEDY, AND REPORT THESE TO THE BOARD. THE CONFLICT OF INTEREST POLICY PRECLUDES ANY INDIVIDUAL IN A CONFLICT OF INTEREST SITUATION FROM VOTING ON ANY PROPOSED TRANSACTION WHICH RELATES TO THE CONFLICT. REMEDIES BEYOND ABSTENTION FROM VOTING WOULD BE DETERMINED ON A CASE BY CASE BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE COLLEGE PRESIDENT AND THE COMPENSATION COMMITTEE, COMPRISED OF INDEPENDENT BOARD MEMBERS, REVIEWS COMPENSATION OF TOP MANAGEMENT POSITIONS AT THE COLLEGE AT LEAST ON AN ANNUAL BASIS. THE COMPENSATION COMMITTEE REVIEWS THE COMPENSATION OF THE PRESIDENT OF THE COLLEGE IN THE ABSENCE OF THE PRESIDENT, ALSO ON AT LEAST AN ANNUAL BASIS. MINUTES ARE TAKEN DURING THESE MEETINGS. THE COMPENSATION COMMITTEE LAST MET IN JUNE 2022 FOR THIS REPORTING PERIOD. A VARIETY OF BENCHMARKING DATA IS REVIEWED BY THIS COMMITTEE IN DETERMINING APPROPRIATE COMPENSATION, INCLUDING BUT NOT LIMITED TO COMPARABILITY DATA MADE AVAILABLE BY CUPA, ELCA, AND THE CHRONICLE OF HIGHER EDUCATION. THE COMPENSATION COMMITTEE HAS BEEN CHARGED BY THE BOARD WITH THE RESPONSIBILITY OF EXERCISING THE "AUTHORITY OF THE BOARD" WITH RESPECT TO TERMS AND CONDITIONS OF EMPLOYMENT OF THE PRESIDENT AND OF OTHER SENIOR ADMINISTRATIVE EMPLOYEES OF THE COLLEGE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS OPEN TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: ANNUITIES PAYABLE PRESENT VALUE ADJUSTMENT 242,619. CHANGE IN VALUE OF TRUST RECEIVABLES 135,639. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. CHARITABLE REMAINDER ANNUITY TRUST (11) 639 38TH STREET ROCK ISLAND IL 61201 INVESTMENTS IL N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0