2024-05-15T08:53:28-05:00 2023-06-30 366055558 GRANT THORNTON LLP 2001 MARKET STREET STE 700 PHILADELPHIA PA 19103 990 2022-07-01 340714629 BALDWIN WALLACE UNIVERSITY BALD 4408268102 275 EASTLAND ROAD BEREA OH 440172088 GREGORY CINGLE CHIEF FINANCIAL OFFICER 4408268102 2024-05-14 1 GREGORY CINGLE 999009999 1 ALYCIA SOLECKI P01272637 2155614200 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ROBERT C HELMER 275 EASTLAND ROAD BEREA OH 440172088 209080824 0 X WWW.BW.EDU X 1842 OH BALDWIN WALLACE UNIVERSITY PROVIDES UNDERGRADUATE HIGHER EDUCATION LEADING TO (SEE SCHEDULE O) THE BACHELOR DEGREE, AND GRADUATE EDUCATION AT THE MASTERS LEVEL IN SIX FIELDS. 40 39 2606 0 -84107 20288 19524936 12123633 112504486 114346319 6896664 13553826 7063023 6944536 145989109 146968314 56378939 54960926 0 0 66161650 70804117 0 0 2550537 34390864 37460427 156931453 163225470 -10942344 -16257156 365601869 365225940 48409380 58105978 317192489 307119962 X SEE SCHEDULE OBALDWIN WALLACE UNIVERSITY IS AN ACADEMIC COMMUNITY COMMITTED TO THE LIBERAL ARTS AND SCIENCES AS THE FOUNDATION FOR LIFELONG LEARNING. THE UNIVERSITY FULFILLS THIS MISSION THROUGH A RIGOROUS ACADEMIC PROGRAM THAT IS CHARACTERIZED BY EXCELLENCE IN TEACHING AND LEARNING. IT MAINTAINS A CHALLENGING, SUPPORTIVE ENVIRONMENT THAT ENHANCES STUDENTS' INTELLECTUAL AND SPIRITUAL GROWTH. BALDWIN WALLACE ASSISTS STUDENTS IN THEIR PREPARATION TO BECOME CONTRIBUTING, COMPASSIONATE CITIZENS OF AN INCREASINGLY GLOBAL SOCIETY AND ENCOURAGES THEIR PURSUIT OF PERSONAL AND PROFESSIONAL EXCELLENCE. 0 0 66518164 0 105808343 EDUCATION OF 2,636 FULL-TIME UNDERGRADUATE STUDENTS, 112 PART-TIME UNDERGRADUATES, AND 482 GRADUATE STUDENTS, PLUS CERTIFICATE PROGRAMS AND FACULTY SCHOLARLY RESEARCH. UNDERGRADUATE DEGREES OFFERED ARE THE BACHELOR OF ARTS, BACHELOR OF FINE ARTS, BACHELOR OF SCIENCE, BACHELOR OF SCIENCE IN EDUCATION, BACHELOR OF MUSIC, BACHELOR OF MUSIC EDUCATION, AND BACHELOR OF SCIENCE IN NURSING. THE GRADUATE PROGRAMS LEAD TO THE DEGREES OF MASTER OF ACCOUNTANCY, MASTER OF ARTS IN EDUCATION, MASTER OF BUSINESS ADMINISTRATION, MASTER OF MEDICAL SCIENCE (PHYSICIAN ASSISTANT), MASTER OF PUBLIC HEALTH, AND MASTER OF SCIENCE (SPEECH LANGUAGE PATHOLOGY AND EXERCISE PHYSIOLOGY). 54960926 54960926 0 MERIT SCHOLARSHIPS AND NEED-BASED FINANCIAL AID GRANTS TO STUDENTS ACTIVELY ENROLLED IN THE UNIVERSITY. 24173642 0 8537976 AUXILIARY SERVICES AND ACTIVITIES FOR STUDENTS, INCLUDING RESIDENCE HALLS HOUSING 1,327 FULL-TIME STUDENTS, DINING HALLS, BOOKSTORE, ATHLETICS, STUDENT UNION, RECREATION CENTER, AND HEALTH CENTER. 145652732 1 1 0 0 0 1 0 1 0 1 1 1 0 1 1 1 0 1 1 0 1 0 0 0 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 1 384 0 1 2606 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 40 39 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 CO MD MA MI NH OH SC X BRENDA WENDT 4408268102 275 EASTLAND ROAD BEREA OH 44017 ROBERT C HELMER PRESIDENT 50.00 0.00 X X 447636 0 75894 WILLIAM M RENIFF V.P. FOR FINANCE & TREASURER 50.00 0.00 X X 191508 0 32452 LEE THOMAS CHAIR 5.00 0.00 X X 0 0 0 VINCENT K PETRELLA VICE CHAIR 5.00 0.00 X X 0 0 0 MICHELLE MOSCARINO SECRETARY 5.00 0.00 X X 0 0 0 GABRIELLE ARYEETEY TRUSTEE 2.00 0.00 X 0 0 0 STANLEY BALL TRUSTEE 2.00 0.00 X 0 0 0 DUANE BISHOP TRUSTEE 2.00 0.00 X 0 0 0 SUSAN BIXLER TRUSTEE 2.00 0.00 X 0 0 0 DONALD W BOGUS TRUSTEE 2.00 0.00 X 0 0 0 PAUL H CARLETON TRUSTEE 2.00 0.00 X 0 0 0 PAUL G CLARK TRUSTEE 2.00 0.00 X 0 0 0 PAMELA DUNN CONNOLLY TRUSTEE 2.00 0.00 X 0 0 0 ROBIN C COTTINGHAM TRUSTEE 2.00 0.00 X 0 0 0 TIM COWEN TRUSTEE 2.00 0.00 X 0 0 0 RYAN R CROSS TRUSTEE 2.00 0.00 X 0 0 0 JAMES MILLER DAVIDSON TRUSTEE 2.00 0.00 X 0 0 0 RICHARD DESICH TRUSTEE 2.00 0.00 X 0 0 0 AGNES P DOVER TRUSTEE 2.00 0.00 X 0 0 0 LUTUL D FARROW TRUSTEE 2.00 0.00 X 0 0 0 BANNETT GAINES TRUSTEE 2.00 0.00 X 0 0 0 DANIEL C HAGEN TRUSTEE 2.00 0.00 X 0 0 0 JOHN W HOYT TRUSTEE 2.00 0.00 X 0 0 0 DAVID JENKINS TRUSTEE 2.00 0.00 X 0 0 0 JOHN W KROPF TRUSTEE 2.00 0.00 X 0 0 0 DEBRA LYONS TRUSTEE 2.00 0.00 X 0 0 0 NORA MAHONEY TRUSTEE 2.00 0.00 X 0 0 0 DAVID F MARTIN TRUSTEE 2.00 0.00 X 0 0 0 WADE I MASSAD TRUSTEE 2.00 0.00 X 0 0 0 JOE MATUSZEWSKI TRUSTEE 2.00 0.00 X 0 0 0 JOHN MICKLITSCH TRUSTEE 2.00 0.00 X 0 0 0 EDWARD NAPOLEON JR TRUSTEE 2.00 0.00 X 0 0 0 PETER V NEFFENGER TRUSTEE 2.00 0.00 X 0 0 0 CHARLES E ROTUNO TRUSTEE 2.00 0.00 X 0 0 0 MALISSE SINITO TRUSTEE 2.00 0.00 X 0 0 0 BROOKE SIRAK TRUSTEE 2.00 0.00 X 0 0 0 KRIS SMEAGE TRUSTEE 2.00 0.00 X 0 0 0 MARK H SUMMERS TRUSTEE 2.00 0.00 X 0 0 0 WILLIAM B SUMMERS JR TRUSTEE 2.00 0.00 X 0 0 0 FLOYD A TROUTEN TRUSTEE 2.00 0.00 X 0 0 0 SUSAN L ZANETTI TRUSTEE 2.00 0.00 X 0 0 0 CHRISTOPHER M ZITO TRUSTEE 2.00 0.00 X 0 0 0 STEPHEN D STAHL PROVOST 50.00 0.00 X 196942 0 53663 TIMEKA RASHID V.P FOR STUDENT AFFAIRS 50.00 0.00 X 189072 0 42388 PATRICK J DUNLAVY V.P. FOR PHILANTHROPY (THRU 05/2022) 50.00 0.00 X 199450 0 11895 SCOTT SCHULZ V.P. FOR ENROLLMENT MNGMT 50.00 0.00 X 204271 0 12111 ELLEN ZEGARRA - ASST VPVP FOR PHILANTHROPY (AS OF 10/2022) 50.00 0.00 X 181887 0 33938 JARED PENNINGTON ASSOCIATE DEAN 45.00 0.00 X 164742 0 50094 COLLEEN VISCONTI PROFESSOR 45.00 0.00 X 179342 0 25740 CHRISTIAN NASH PROFESSOR 45.00 0.00 X 148529 0 47594 SUSAN KUZNIK DEAN 45.00 0.00 X 140671 0 52642 VICTORIA BUSSERT PROFESSOR 45.00 0.00 X 150687 0 24330 2394737 0 462741 95 0 1 0 ALBERT M HIGLEY COMPANY 3636 EUCLID AVENUE CLEVELAND OH 44115 CONSTRUCTION 6734173 NORTH SHORE MECHANICAL 55 LOU GROZA BLVD BEREA OH 44017 HVAC 1066225 DELL MARKETING LP ONE DELL WAY ROUND ROCK TX 78682 IT CONSULTANT 255558 TIMELY CARE 1315 S ADAMS STREET FORT WORTH TX 76104 COUNSELING SOFTWARE SUPPORT 94184 ELLUCIAN COMPANY LP 2003 EDMUND HALLEY DRIVE RESTON VA 20191 IT CONSULTANT 44402 10 1868422 10255211 324696 12123633 TUITION AND FEES 616000 103795652 103795652 STUDENT RESIDENCE HALLS 611710 8503762 8503762 SPONSORED PROG & RES 616000 1952543 1952543 CONCERT & THEATRE TICKET 711110 60148 60148 ATHLETIC TICKETS 711210 34214 34214 114346319 587069 -105550 692619 101598 25321 76277 76277 76277 68592665 2644064 58269972 0 10322693 2644064 12966757 12966757 9762941 3817217 5945724 21443 5924281 LAUNDRY VENDING 812300 115336 115336 FACILITIES USE 900099 43025 43025 STUDENT/EMPLOYEE PARKING 812930 30600 30600 733574 733574 922535 146968314 114346319 -84107 20582469 54960926 54960926 1862068 249674 1340594 271800 51668267 47232476 3346710 1089081 2200015 1850058 285146 64811 11687294 9899874 1456393 331027 3386473 2776103 497331 113039 174717 174717 150000 150000 224959 224959 955076 534007 415069 6000 852797 852797 1355431 1098191 178844 78396 2246670 1245927 960041 40702 12764 12764 9747628 9288515 367290 91823 1648602 1464077 91390 93135 258372 231770 21460 5142 2013875 2013875 11210569 10718753 393453 98363 849195 205406 643789 OTHER EXPENSES 3508802 2498199 993037 17566 STUD LIFE & ALUMNI EVEN 996110 408809 352372 234929 MEMBERSHIPS 801100 523443 262934 14723 OFF-CAMPUS TUITION 453760 453760 163225470 145652732 15022201 2550537 1399754 508636 3674026 12009067 5190774 3592544 3212612 3890974 1663121 1791279 1340618 1167102 319737503 163188485 165998380 156549018 135059972 129193561 25902631 25153065 2148418 10892670 20011563 20478024 365601869 365225940 7322798 7003314 2217288 1746780 7785000 16560000 21651027 26096947 9433267 6698937 48409380 58105978 X 112565124 99828603 204627365 207291359 317192489 307119962 365601869 365225940 X -16257156 4825074 1359555 X 0 1 X 1 1 1 X 12860414 23360018 24496090 19524936 12123633 92365091 12860414 23360018 24496090 19524936 12123633 92365091 12084902 80280189 7898020 2047907 640543 1144287 794217 12524974 20487 51589 -12784 16714 0 76006 104966071 613332290 0.76480 0.67640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 500 65000 239457 1 1 X X X ART INSTRUCTION 0 163274965 2796841 13454491 3243652 8491451 167791194 185684102 2567838 -15761747 3177952 6037276 163274965 152459959 2852061 39246818 2904704 5970032 185684102 154306179 1876687 5416544 2794730 6344721 152459959 152280124 1541945 9696989 2639574 6573305 154306179 0.02000 0.98000 0 0 18764965 18764965 268271437 147995499 120275938 32701101 15192986 17508115 156549018 ALTERNATIVE FUNDS 25153065 F 25153065 BENEFICIAL INTERESTS IN PERPETUAL TRUSTS 18137846 OPERATING LEASES 2340178 20478024 ANNUITY OBLIGATIONS 2456117 LEASE OBLIGATIONS 2340178 ASSET IMPAIRMENT ESTIMATES 1045096 FUNDS HELD FOR STUDENT GROUPS 641293 US GOV. ADVANCES FOR PERKINS LOANS 216253 6698937 X PART III, LINE 1A: FINANCIAL STATEMENT FOOTNOTE: CONTRIBUTIONS OF ASSETS OTHER THAN CASH ARE RECORDED AT THEIR ESTIMATED FAIR VALUE AT THE DATE OF GIFT, EXCEPT THAT CONTRIBUTIONS OF WORKS OF ART, HISTORICAL TREASURES, AND SIMILAR ASSETS HELD AS PART OF COLLECTIONS ARE NOT RECOGNIZED OR CAPITALIZED. ALLOWANCE IS MADE FOR DOUBTFUL COLLECTION OF CONTRIBUTIONS RECEIVABLE BASED UPON MANAGEMENT'S JUDGMENT AND ANALYSIS OF THE CREDITWORTHINESS OF THE DONORS PAST COLLECTION EXPERIENCE AND OTHER RELEVANT FACTORS. PART III, LINE 4: DESCRIPTION OF ORGANIZATION'S COLLECTIONS THE UNIVERSITY'S ART COLLECTION CONSISTS OF PAINTINGS, DRAWINGS, SCULPTURES, LITHOGRAPHS, ENGRAVINGS, AND WOODCUTS. THE UNIVERSITY HAS AN ART DEPARTMENT THAT USES THESE MATERIALS IN INSTRUCTION AND SCHOLARLY RESEARCH. PART V, LINE 4: INTENDED USES OF ENDOWMENT FUNDS THE CONSISTENT USES OF THE UNIVERSITY'S ENDOWMENT ARE TO PROVIDE FUNDS FOR FACULTY SALARIES, THE PURCHASE OF LIBRARY BOOKS AND OTHER MEDIA, FINANCIAL AID GRANTS TO ENROLLED STUDENTS, AND GENERAL SUPPORT. PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE THE UNIVERSITY USES A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN. TAX PROVISIONS ARE EVALUATED FOR RECOGNITION, DERECOGNITION, AND MEASUREMENT USING CONSISTENT CRITERIA ABOUT THE UNCERTAINTY IN INCOME TAX ASSETS AND LIABILITIES. BASED ON UNIVERSITY'S EVALUATION, NO PROVISION FOR UNCERTAIN TAX POSITIONS IS REQUIRED AS OF JUNE 30, 2023 AND 2022. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 SEE SUPPLEMENTAL PAGE SCHEDULE E, PART I, LINE 3 PUBLICATION OF RACIALLY NONDISCRIMINATORY POLICY BALDWIN WALLACE UNIVERSITY DRAWS STUDENTS NATIONWIDE AND WORLDWIDE, BUT A SIGNIFICANT NUMBER COME FROM NORTHEAST OHIO. THEREFORE, THE UNIVERSITY ADVERTISES IN THIS AREA AND INCLUDES THE REV. PROC. 75-50 OR SIMILAR WORDING IN ALL ADVERTISEMENTS. FURTHERMORE, THE UNIVERSITY PLACES THE 4.03 NOTICE ANNUALLY IN THE PLAIN DEALER. SCHEDULE E, PART I, LINE 6A GOVERNMENT ASSISTANCE BALDWIN WALLACE UNIVERSITY RECEIVES FEDERAL AND STATE GOVERNMENT GRANTS FOR SPECIFIC PURPOSES AND PROJECTS. THESE INCLUDE SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, COLLEGE WORK STUDY, OTHER STUDENT FINANCIAL AID FUNDS, UPWARD BOUND, RESEARCH, AND OTHER SPECIFIC INSTRUCTION PROGRAMS. 1 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENT 6683997 0 0 0 0 0 0 6683997 0 6683997 1 0 1 1 0 0 PART I, LINE 3: ACCOUNTING METHOD USED FOR INVESTMENTS IS FAIR MARKET VALUE AT END OF REPORTING YEAR PART III ACCOUNTING METHOD: 1 FINANCIAL AID GRANTS AND MERIT SCHOLARSHIPS TO ENROLLED STUDENTS 2872 54960926 SCHEDULE I, PART I, LINE 2 PROCEDURE FOR MONITORING USE OF GRANT FUNDS INSIDE U.S. BALDWIN WALLACE UNIVERSITY AWARDS SCHOLARSHIPS AND MAKES NEED-BASED FINANCIAL AID GRANTS ONLY TO ITS OWN ENROLLED STUDENTS. THE AWARDS CONSTITUTE PART OF THE COST OF ATTENDING. ADDITIONAL NEED-BASED AID USUALLY CONSISTS OF FEDERAL DIRECT STUDENT LOANS AND COLLEGE WORK STUDY FOR JOBS ON CAMPUS. THE STUDENT FINANCIAL AID OFFICE MAKES NEED-BASED GRANTS ON THE BASIS OF DEMONSTRATED FINANCIAL NEED USING NATIONALLY ACCEPTED FORMS AND METHODS. THE SAME OFFICE AWARDS MERIT SCHOLARSHIPS USING BALDWIN WALLACE CRITERIA. THE UNIVERSITY DISBURSES THE GRANTS AS CREDITS TO STUDENT RECEIVABLE ACCOUNTS, OFFSETTING AMOUNTS BILLED FOR TUITION AND OTHER FEES. X X 1 1 X X X 1 0 0 0 0 0 0 0 0 ROBERT C HELMER PRESIDENT 440436 0 0 0 7200 0 25313 0 50581 0 523530 0 0 0 STEPHEN D STAHL PROVOST 196942 0 0 0 0 0 12227 0 41436 0 250605 0 0 0 TIMEKA RASHID V.P FOR STUDENT AFFAIRS 189072 0 0 0 0 0 11082 0 31306 0 231460 0 0 0 WILLIAM M RENIFF V.P. FOR FINANCE & TREASURER 191508 0 0 0 0 0 11351 0 21101 0 223960 0 0 0 SCOTT SCHULZ V.P. FOR ENROLLMENT MNGMT 204271 0 0 0 0 0 11995 0 116 0 216382 0 0 0 ELLEN ZEGARRA - ASST VPVP FOR PHILANTHROPY (AS OF 10/2022) 181887 0 0 0 0 0 9386 0 24552 0 215825 0 0 0 JARED PENNINGTON ASSOCIATE DEAN 164742 0 0 0 0 0 7875 0 42219 0 214836 0 0 0 PATRICK J DUNLAVY V.P. FOR PHILANTHROPY (THRU 05/2022) 115157 0 0 0 84293 0 11895 0 0 0 211345 0 0 0 COLLEEN VISCONTI PROFESSOR 179342 0 0 0 0 0 7166 0 18574 0 205082 0 0 0 CHRISTIAN NASH PROFESSOR 148529 0 0 0 0 0 5375 0 42219 0 196123 0 0 0 SUSAN KUZNIK DEAN 140671 0 0 0 0 0 7022 0 45620 0 193313 0 0 0 VICTORIA BUSSERT PROFESSOR 150687 0 0 0 0 0 7087 0 17243 0 175017 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE THE PRESIDENT AND HIS WIFE LIVE IN A UNIVERSITY HOUSE LOCATED ON CAMPUS. THEY USE THE HOUSE FOR UNIVERSITY MEETINGS, RECEPTIONS, AND OTHER RELATED FUNCTIONS. UNIVERSITY CUSTODIANS CLEAN THE FIRST FLOOR COMMON ROOMS BUT NOT THE FAMILY PRIVATE ROOMS. THE UNIVERSITY REQUIRES THREE RESIDENCE LIFE DIRECTORS TO LIVE IN UNIVERSITY-OWNED HOUSING ON OR NEAR THE CAMPUS AS A CONDITION OF EMPLOYMENT. HEALTH OR SOCIAL CLUB DUES THE PRESIDENT HAS A MEMBERSHIP TO THE UNION CLUB OF CLEVELAND THAT IS USED PRINCIPALLY FOR BUSINESS PURPOSES. THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION REVIEWS ALL UNION CLUB INVOICES FOR BUSINESS PURPOSE. PART I, LINE 4B: FORMER V.P. FOR PHILANTHROPY & ALUMNI, PATRICK J. DUNLAVY, SEPARATED FROM THE ORGANIZATION IN MAY OF 2022. HE RECIEVED SEVERANCE PAYMENT IN CALENDAR YEAR 2022. THIS AMOUNT IS REPORTED ON SCHEDULE J, PART II, COLUMN, B(III). A BALDWIN WALLACE UNIVERSITY 340714629 67756A7A4 2012-11-29 16025000 RENOVATION AND REFUNDING 1 0 1 B BALDWIN WALLACE UNIVERSITY 340714629 67756D000 2022-11-16 9900700 RENOVATION 1 0 1 A 16853660 11164863 152238 5536469 2013 0 1 1 1 B 9900700 237250 485638 9177812 0 0 0 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 1 B 0 0 1 0 0 0 0 0 1 A 0 B 0 X 9 324696 FMV 0 1 0 PART I, LINE 32B: SCHEDULE M, PART I, COLUMN (B) NUMBER OF CONTRIBUTIONS THE ORGANZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN COLUMN (B). FORM 990, PART VI, SECTION A, LINE 1A DELEGATION OF AUTHORITY THE EXECUTIVE COMMITTEE ACTS FOR THE BOARD WHEN THE BOARD IS NOT IN SESSION IN ALL MATTERS EXCEPT ELECTION OF BOARD OFFICERS AND APPOINTMENT OF THE PRESIDENT OF THE UNIVERSITY. IT CONSISTS OF THE OFFICERS OF THE BOARD, COMMITTEE CHAIRS, THE PRESIDENT OF THE UNIVERSITY, AND MAY INCLUDE AT LARGE MEMBERS. FORM 990, PART VI, SECTION A, LINE 2 FAMILY RELATIONSHIPS TRUSTEES MARK H. SUMMERS AND WILLIAM B. SUMMERS, JR. HAVE A FAMILIAL RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11B REVIEW PROCESS THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION PERFORMS AN INITIAL, DETAILED REVIEW OF THE FORM 990 DRAFT. HE THEN SENDS A COPY TO EACH BOARD MEMBER FOR REVIEW AND COMMENT. THIS IS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT ALL MEMBERS OF THE BOARD OF TRUSTEES MUST SUBMIT ANNUALLY A WRITTEN AND SIGNED STATEMENT DISCLOSING ANY SITUATION WHICH MAY BE, OR MAY BE CONSIDERED TO BE, A CONFLICT OF INTEREST AS DEFINED IN THE CONFLICT OF INTEREST POLICY. IF THEY HAVE NOTHING TO REPORT, THEY MUST CHECK A PRINTED STATEMENT TO THAT EFFECT. THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION REVIEWS THE CONFLICT OF INTEREST STATEMENTS. IF A CONFLICT IS IDENTIFIED, THE INTERESTED PARTY IS PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION THE COMPENSATION AND EXECUTIVE COMMITTEES OF THE BOARD OF TRUSTEES REVIEW AND APPROVE THE COMPENSATION FOR ALL OFFICERS ANNUALLY. THE COMPENSATION COMMITTEE MEETS FIRST WITH THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION, WHO PROVIDES IT WITH COMPARABILITY DATA AND ANSWERS QUESTIONS. THE COMPENSATION COMMITTEE THEN MEETS WITH THE PRESIDENT OF THE UNIVERSITY (THE UNIVERSITY'S TOP MANAGEMENT OFFICIAL), TO DISCUSS HIS PERFORMANCE, RECEIVE THE PRESIDENT'S VIEWS OF THE PERFORMANCE, AND TO REVIEW RECOMMENDATIONS OF APPROPRIATE COMPENSATION LEVELS FOR THE OFFICERS OF THE UNIVERSITY OTHER THAN HIMSELF. THE COMPENSATION COMMITTEE THEN CONTINUES IN EXECUTIVE SESSION TO SET THE COMPENSATION FOR THE PRESIDENT AND TO APPROVE (WITH ADJUSTMENT IF CONSIDERED APPROPRIATE) THE RECOMMENDATIONS OF THE PRESIDENT REGARDING THE COMPENSATION OF THE FOLLOWING OFFICERS OF THE UNIVERSITY: PROVOST, VP FOR STUDENT AFFAIRS, VP FOR FINANCE AND ADMINISTRATION, VP FOR ENROLLMENT MANAGEMENT, AND THE VP FOR PHILANTHROPY AND ALUMNI ENGAGEMENT. THE COMPENSATION COMMITTEE THEN REPORTS ITS CONCLUSIONS AND THE BASIS THEREFORE, TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, WHICH HAS FINAL APPROVAL AUTHORITY WITH RESPECT TO COMPENSATION DETERMINATION. THE COMMITTEES LAST MET ON COMPENSATION MATTERS IN 2023. FORM 990, PART VI, SECTION C, LINE 19 HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC BALDWIN WALLACE UNIVERSITY MAKES ITS FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC ON ITS OWN WEBSITE. THE UNIVERSITY PROVIDES A PAPER COPY OF ITS BYLAWS TO ANYONE WHO ASKS. FORM 990, PART XI, LINE 9: JOINT VENTURE NET INCOME 27,758. INVESTMENT IN JOINT VENTURE 1,331,797. NC HOUSING LLC 275 EASTLAND ROAD BEREA OH 44017 871802630 REAL ESTATE OH NC HOUSING MANAGING MEMBER LLC RELATED 0 1 0.90000 NC HOUSING MASTER TENANT LLC 275 EASTLAND ROAD BEREA OH 44017 883206424 REAL ESTATE OH NC HOUSING MANAGING MEMBER LLC RELATED 0 1 0.01000 CHARITABLE REMAINDER TRUST (11) INVESTMENTS OH T 0 NC HOUSING MANAGING MEMBER LLC 275 EASTLAND ROAD BEREA OH 44017 883214167 REAL ESTATE OH BALDWIN WALLACE UNIVERSITY C 27758 7405591 1.00000 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NC HOUSING MANAGING MEMBER LLC B 7375056 COST