GRAND VIEW UNIVERSITY: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- GRAND VIEW UNIVERSITY (EIN 42-0681049)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2023-11-06
- IRS object ID
- 202303109349301995
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-06T13:21:02-06:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 FIRST ST SE STE 800 | AddressLine1Txt |
| City | CEDAR RAPIDS | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 524011425 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420681049 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRAND VIEW UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GRAN | BusinessNameControlTxt |
| Phone | 5152632847 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 GRANDVIEW AVENUE | AddressLine1Txt |
| City | DES MOINES | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 50316 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RACHELLE KECK | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 5152632847 | PhoneNum |
| Signature | 2023-11-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | RACHELLE | PersonFirstNm |
| Person Last | KECK | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SHAWNA HULS | PreparerPersonNm |
| PTIN | P01315330 | PTIN |
| Phone | 3192985333 | PhoneNum |
| Preparation | 2023-11-03 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | RACHELLE KECK | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 GRANDVIEW AVENUE | AddressLine1Txt |
| City | DES MOINES | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 50316 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $76,069,852 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.GRANDVIEW.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1896 | FormationYr |
| Legal Domicile State | IA | LegalDomicileStateCd |
| Activity Or Mission | ENGAGES, EQUIPS AND EMPOWERS STUDENTS TO FULFILL THEIR INDIVIDUAL POTENTIAL AND SERVE SOCIETY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 24 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 23 | VotingMembersIndependentCnt |
| Total Employee | 914 | TotalEmployeeCnt |
| Total Volunteers | 300 | TotalVolunteersCnt |
| Total Gross UBI | $1,172 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $14,658,334 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,381,202 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $52,417,206 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $54,736,175 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,396,349 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,139,374 | CYInvestmentIncomeAmt |
| PY Other Revenue | $392,681 | PYOtherRevenueAmt |
| CY Other Revenue | $562,312 | CYOtherRevenueAmt |
| PY Total Revenue | $68,864,570 | PYTotalRevenueAmt |
| CY Total Revenue | $60,819,063 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $23,913,601 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $23,246,676 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $21,109,052 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $21,650,987 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $892,535 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $17,834,946 | PYOtherExpensesAmt |
| CY Other Expenses | $18,096,998 | CYOtherExpensesAmt |
| PY Total Expenses | $62,857,599 | PYTotalExpensesAmt |
| CY Total Expenses | $62,994,661 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $6,006,971 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$2,175,598 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $119,724,601 | TotalAssetsBOYAmt |
| Total Assets EOY | $115,845,159 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $46,690,827 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $43,902,852 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $73,033,774 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $71,942,307 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $15,768,009 | ExpenseAmt |
| Revenue | $45,195,146 | RevenueAmt |
| Desc | INSTRUCTION & ACADEMIC SUPPORT PROVIDED FOR APPROXIMATELY 1,900 FULL AND PART TIME STUDENTS, INCLUDING A GRADUATE AND WORKING ADULT POPULATION. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $23,246,676 | ExpenseAmt |
| Grant | $23,246,676 | GrantAmt |
| Desc | SCHOLARSHIPS AND GRANTS FUNDED BY FEDERAL, STATE, UNIVERSITY AND PRIVATE SOURCES WERE PROVIDED TO MORE THAN 1,600 STUDENTS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $8,974,205 | ExpenseAmt |
| Revenue | $849,723 | RevenueAmt |
| Desc | STUDENT SERVICES AVAILABLE TO STUDENTS INCLUDING ACADEMIC AND OTHER COUNSELING SERVICES, CAREER DEVELOPMENT, UNIVERSITY PASTOR, INTERCOLLEGIATE ATHLETICS AND OTHER SERVICES. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)
| ExpenseExpenseAmt | RevenueRevenueAmt | DescDesc |
|---|---|---|
| $6,318,109 | $8,691,306 | AUXILIARY SERVICES AVAILABLE TO STUDENTS INCLUDING ROOM AND BOARD. |
| $63,611 | MANAGEMENT FEES ON THE PROGRAM RELATED PORTION OF THE ENDOWMENT. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $6,381,720 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $8,691,306 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $54,370,610 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 2566 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 914 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 24 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 23 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JULIE BANTZ ASSOCIATE VP FOR FINAN | PersonNm |
| Phone | 5152632847 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 GRANDVIEW AVENUE | AddressLine1Txt |
| City | DES MOINES | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 50316 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (37 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|
| RACHELLE KECK | ||||||||
| TRUSTEE & PRESIDENT (EFF JULY 2022) | 40.00 | Yes (X) | Yes (X) | $176,005 | $0 | $20,302 | ||
| CHRISTIAN M MURRAY | ||||||||
| TRUSTEE & CHAIR (EFF JULY 2022) | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ANITA NORIAN | ||||||||
| TRUSTEE & VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MIKE MCCOY | ||||||||
| TRUSTEE & SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| DAVID STARK | ||||||||
| TRUSTEE & TREASURER (EFF JULY 2022) | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| CHRIS LITTLEFIELD | ||||||||
| CHAIR (THRU JULY 2022) & TRUSTEE | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MARY BONTRAGER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KAREN J BRODIE | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| NOLA F CARTMILL | ||||||||
| TRUSTEE (THRU MAY 2023) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DON COFFIN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RO CROSBIE | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| THE REV AMY CURRENT | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| STEVE DEVENNEY | ||||||||
| TRUSTEE (EFF OCT 2022) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ROSALIND FOX | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| GEORGIA VAN GUNDY | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BRETT E HARMAN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JASON C HENDERSON | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LI ZHAU MANDELBAUM | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MIKE MOORE | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| GARY E PALMER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KURT E RASMUSSEN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| WENDY SRNIC | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| TOM TRIPLETT | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PAT WOOD | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JOLEEN WORKMAN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CARL MOSES | ||||||||
| VP ACADEMIC AFFAIRS & PROVOST | 40.00 | Yes (X) | $181,429 | $0 | $27,534 | |||
| CHRISTOPHER LEE | ||||||||
| VP ADMIN/FINANCE | 40.00 | Yes (X) | $181,934 | $0 | $21,863 | |||
| WILLIAM H BURMA | ||||||||
| VP ADVANCEMENT (THRU FEB 2023) | 40.00 | Yes (X) | $167,644 | $0 | $22,957 | |||
| TIM WHEELDON | ||||||||
| VP INFORMATION SYSTEMS/CIO | 40.00 | Yes (X) | $116,129 | $0 | $68,603 | |||
| DEBBIE BARGER | ||||||||
| VP ENROLLMENT MGMT | 40.00 | Yes (X) | $152,676 | $0 | $26,778 | |||
| KENDALL DILLON | ||||||||
| VP MARKETING & COMMUNICATION | 40.00 | Yes (X) | $110,959 | $0 | $30,759 | |||
| STEPHEN SPORER | ||||||||
| VP ADVANCEMENT (EFF JAN 2023) | 40.00 | Yes (X) | $90,586 | $0 | $13,094 | |||
| PATRICIA WILLIAMS | ||||||||
| VICE PROVOST FOR GRAD & PRO STUDIES | 40.00 | $127,469 | $0 | $70,378 | Yes (X) | |||
| LYNN BURKS | ||||||||
| EXECUTIVE DIRECTOR OF JACOBSON INSTITUTE | 40.00 | $170,824 | $0 | $12,391 | Yes (X) | |||
| JULIE A BANTZ | ||||||||
| CONTROLLER | 40.00 | $113,620 | $0 | $26,040 | Yes (X) | |||
| PAUL RIDER | ||||||||
| DEAN OF COLLEGE OF SOCIAL | 40.00 | $122,419 | $0 | $15,275 | Yes (X) | |||
| KENT L HENNING | ||||||||
| FORMER TRUSTEE & PRESIDENT | 40.00 | $241,719 | $0 | $25,145 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,953,413 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $381,119 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 12 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ARAMARK HIGHER EDUCATION | |||||
| 2300 WARENVILLE ROAD | DOWNERS GROVE | IL | 60515 | FOOD SERVICE | $1,979,273 |
| FBG SERVICE | |||||
| 407 S 27TH AVE | OMAHA | NE | 68131 | CUSTODIAL | $518,023 |
| BAKER GROUP | |||||
| 1600 SE CORPORATE WOODS DRIVE | ANKENY | IA | 50021 | ELECTRICAL | $386,307 |
| ARROW STAGE LINES | |||||
| 4220 S 52ND ST | OMAHA | NE | 68117 | TRANSPORTATION | $324,437 |
| PER MAR SECURITY SERVICES | |||||
| PO BOX 1101 | DAVENPORT | IA | 52805 | SECURITY | $310,300 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $46,025 | FundraisingAmt |
| Government Grants | $1,904,759 | GovernmentGrantsAmt |
| All Other Contributions | $2,430,418 | AllOtherContributionsAmt |
| Noncash Contributions | $118,772 | NoncashContributionsAmt |
| Total Contributions | $4,381,202 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION & FEES | 611600 | $45,195,146 | $45,195,146 |
| DORM & DINING HALL | 611710 | $8,691,306 | $8,691,306 |
| FINANCIAL AID FEES | 611710 | $18,676 | $18,676 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $831,047 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $831,047 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $54,736,175 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $557,419 | TotalRevenueColumnAmt |
| Exclusion | $557,419 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $386,863 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $80,447 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $306,416 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $306,416 | TotalRevenueColumnAmt |
| Exclusion | $306,416 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $15,209,063 | SecuritiesAmt |
| Other | $38,900 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $14,639,088 | SecuritiesAmt |
| Other | $26,920 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $569,975 | SecuritiesAmt |
| Other | $11,980 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $581,955 | TotalRevenueColumnAmt |
| Exclusion | $581,955 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $32,480 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $46,025 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $25,090 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,390 | TotalRevenueColumnAmt |
| Exclusion | $7,390 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $726,578 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $479,244 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $247,334 | TotalRevenueColumnAmt |
| Exclusion | $247,334 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CAMPUS SERV - EXTERNAL SERVICES | Desc |
| Business | 812900 | BusinessCd |
| Total Revenue Column | $1,172 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $1,172 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,172 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $60,819,063 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $54,736,175 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $1,172 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,700,514 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,246,676 | TotalAmt |
| Program Services | $23,246,676 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,544,896 | TotalAmt |
| Program Services | $301,736 | ProgramServicesAmt |
| Management And General | $864,077 | ManagementAndGeneralAmt |
| Fundraising | $379,083 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,674,254 | TotalAmt |
| Program Services | $13,268,430 | ProgramServicesAmt |
| Management And General | $2,179,357 | ManagementAndGeneralAmt |
| Fundraising | $226,467 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $958,106 | TotalAmt |
| Program Services | $755,070 | ProgramServicesAmt |
| Management And General | $173,659 | ManagementAndGeneralAmt |
| Fundraising | $29,377 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,239,774 | TotalAmt |
| Program Services | $1,693,908 | ProgramServicesAmt |
| Management And General | $475,724 | ManagementAndGeneralAmt |
| Fundraising | $70,142 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,233,957 | TotalAmt |
| Program Services | $972,464 | ProgramServicesAmt |
| Management And General | $223,658 | ManagementAndGeneralAmt |
| Fundraising | $37,835 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $143,980 | TotalAmt |
| Management And General | $143,980 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,145 | TotalAmt |
| Management And General | $74,145 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $172,446 | TotalAmt |
| Program Services | $63,611 | ProgramServicesAmt |
| Management And General | $108,835 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,225,951 | TotalAmt |
| Program Services | $1,288,173 | ProgramServicesAmt |
| Management And General | $930,272 | ManagementAndGeneralAmt |
| Fundraising | $7,506 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $361,465 | TotalAmt |
| Program Services | $11,332 | ProgramServicesAmt |
| Management And General | $346,234 | ManagementAndGeneralAmt |
| Fundraising | $3,899 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $569,425 | TotalAmt |
| Program Services | $313,391 | ProgramServicesAmt |
| Management And General | $230,783 | ManagementAndGeneralAmt |
| Fundraising | $25,251 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,539,918 | TotalAmt |
| Program Services | $4,420,174 | ProgramServicesAmt |
| Management And General | $110,193 | ManagementAndGeneralAmt |
| Fundraising | $9,551 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,386,069 | TotalAmt |
| Program Services | $1,283,247 | ProgramServicesAmt |
| Management And General | $81,998 | ManagementAndGeneralAmt |
| Fundraising | $20,824 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $448,076 | TotalAmt |
| Program Services | $290,785 | ProgramServicesAmt |
| Management And General | $147,943 | ManagementAndGeneralAmt |
| Fundraising | $9,348 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,500,860 | TotalAmt |
| Program Services | $1,463,702 | ProgramServicesAmt |
| Management And General | $34,734 | ManagementAndGeneralAmt |
| Fundraising | $2,424 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,465,336 | TotalAmt |
| Program Services | $3,311,384 | ProgramServicesAmt |
| Management And General | $141,679 | ManagementAndGeneralAmt |
| Fundraising | $12,273 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $472,063 | TotalAmt |
| Program Services | $20,300 | ProgramServicesAmt |
| Management And General | $451,763 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| EQUIPMENT RENTAL & MAIN | $948,978 | $403,981 | $544,997 |
| MINOR EQUIPMENT | $355,323 | $348,444 | $6,879 |
| BAD DEBT EXPENSE | $187,732 | $187,732 | |
| PERSONNEL RECRUITING | $141,338 | $27,875 | $113,463 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,103,893 | TotalAmt |
| Program Services | $885,927 | ProgramServicesAmt |
| Management And General | $159,411 | ManagementAndGeneralAmt |
| Fundraising | $58,555 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $62,994,661 | TotalAmt |
| Program Services | $54,370,610 | ProgramServicesAmt |
| Management And General | $7,731,516 | ManagementAndGeneralAmt |
| Fundraising | $892,535 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,426,220 | BOYAmt |
| EOY | $1,864,797 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,278,623 | BOYAmt |
| EOY | $505,245 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $508,568 | BOYAmt |
| EOY | $605,052 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $760,489 | BOYAmt |
| EOY | $489,019 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $251,046 | BOYAmt |
| EOY | $278,313 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $715,947 | BOYAmt |
| EOY | $652,805 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $133,184,544 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $58,344,268 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,871,803 | BOYAmt |
| EOY | $74,840,276 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,239,138 | BOYAmt |
| EOY | $24,817,498 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,037,162 | BOYAmt |
| EOY | $9,001,414 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $308,679 | BOYAmt |
| EOY | $204,541 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,326,926 | BOYAmt |
| EOY | $2,586,199 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $119,724,601 | BOYAmt |
| EOY | $115,845,159 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,628,159 | BOYAmt |
| EOY | $6,323,266 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,571,867 | BOYAmt |
| EOY | $1,153,589 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,672,811 | BOYAmt |
| EOY | $35,674,313 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $817,990 | BOYAmt |
| EOY | $751,684 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,690,827 | BOYAmt |
| EOY | $43,902,852 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,203,167 | BOYAmt |
| EOY | $39,739,036 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,830,607 | BOYAmt |
| EOY | $32,203,271 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,033,774 | BOYAmt |
| EOY | $71,942,307 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $119,724,601 | BOYAmt |
| EOY | $115,845,159 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$2,175,598 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $923,775 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $160,356 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,934,108 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,184,282 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,094,646 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $14,660,535 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,381,202 | CurrentTaxYearAmt |
| Total | $31,254,773 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,934,108 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,184,282 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,094,646 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $14,660,535 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,381,202 | CurrentTaxYearAmt |
| Total | $31,254,773 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $2,405,481 | SubstantialContributorsTotAmt |
| Public Support Total170 | $28,849,292 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,278,856 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $996,249 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $732,316 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $850,958 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $943,052 | CurrentTaxYearAmt |
| Total | $4,801,431 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $36,056,204 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $268,632,137 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.80010 | PublicSupportCY170Pct |
| Public Support PY170 | 0.77180 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $32,823,406 | BeginningYearBalanceAmt |
| Contributions | $1,130,512 | ContributionsAmt |
| Investment Earnings Or Losses | $1,781,056 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $479,511 | GrantsOrScholarshipsAmt |
| Other Expenditures | $866,188 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $34,389,275 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $32,974,469 | BeginningYearBalanceAmt |
| Contributions | $3,231,916 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,258,991 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $470,807 | GrantsOrScholarshipsAmt |
| Other Expenditures | $653,181 | OtherExpendituresAmt |
| End Year Balance | $32,823,406 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $26,337,877 | BeginningYearBalanceAmt |
| Contributions | $330,205 | ContributionsAmt |
| Investment Earnings Or Losses | $7,321,399 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $441,003 | GrantsOrScholarshipsAmt |
| Other Expenditures | $574,009 | OtherExpendituresAmt |
| End Year Balance | $32,974,469 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $25,778,187 | BeginningYearBalanceAmt |
| Contributions | $636,850 | ContributionsAmt |
| Investment Earnings Or Losses | $844,959 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $486,211 | GrantsOrScholarshipsAmt |
| Other Expenditures | $435,908 | OtherExpendituresAmt |
| End Year Balance | $26,337,877 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $25,024,673 | BeginningYearBalanceAmt |
| Contributions | $808,776 | ContributionsAmt |
| Investment Earnings Or Losses | $907,880 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $468,310 | GrantsOrScholarshipsAmt |
| Other Expenditures | $494,832 | OtherExpendituresAmt |
| End Year Balance | $25,778,187 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.11360 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.55880 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.32760 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,519,017 | OtherCostOrOtherBasisAmt |
| Book Value | $10,519,017 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $94,727,521 | OtherCostOrOtherBasisAmt |
| Depreciation | $38,826,871 | DepreciationAmt |
| Book Value | $55,900,650 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $23,485,955 | OtherCostOrOtherBasisAmt |
| Depreciation | $19,145,594 | DepreciationAmt |
| Book Value | $4,340,361 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,452,051 | OtherCostOrOtherBasisAmt |
| Depreciation | $371,803 | DepreciationAmt |
| Book Value | $4,080,248 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $74,840,276 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (7 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| HPMILLENNIUM INTL LTD | $2,968,003 | F |
| CARLYLE ENERGY LENDING | $130,064 | F |
| CARLYLE PE ACCESS BLKR 15 | $121,083 | F |
| OAKTREE SPECIAL SIT FUND II | $1,119,393 | F |
| CIM INTRASTRUCTURE | $1,631,024 | F |
| GOLDMAN VINTAGE VIII | $1,919,325 | F |
| FORESITE CAPITAL FUND V | $1,112,522 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $9,001,414 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| STUDENT DEPOSITS | $630,563 |
| US GOVT GRANTS REFUNDABLE | $121,121 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $751,684 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $39,043,763 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $923,775 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $720,047 | OtherRevenueAmt |
| Revenue Not Reported | $1,643,822 | RevenueNotReportedAmt |
| Revenue Subtotal | $37,399,941 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $172,446 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $23,246,676 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $23,419,122 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $60,819,063 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $40,135,230 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $559,691 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $559,691 | ExpensesNotReportedAmt |
| Expenses Subtotal | $39,575,539 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $172,446 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $23,246,676 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $23,419,122 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $62,994,661 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | GRAND VIEW UNIVERSITY'S ENDOWMENT FUNDS ARE PRIMARILY FOCUSED ON SCHOLARSHIPS AVAILABLE TO STUDENTS. IT ALSO INCLUDES SUPPORT FOR A FEW SPECIFIC DEPARTMENTS/AREAS, INCLUDING COMMUNICATIONS, ART, DANISH ARCHIVES, AS WELL AS GENERAL OPERATIONS. |
| PART X, LINE 2: | THE UNIVERSITY IS RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES ON ANY NET INCOME FROM UNRELATED BUSINESS ACTIVITIES. THE UNIVERSITY FILES A FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) ANNUALLY AND UNRELATED BUSINESS INCOME (UBI) IS REPORTED ON FORM 990-T, AS APPROPRIATE. MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS, WHICH INCLUDE SUCH MATTERS AS THE TAX-EXEMPT STATUS OF THE ENTITY AND VARIOUS POSITIONS RELATIVE TO POTENTIAL SOURCES OF UBI. AS OF JUNE 30, 2023 AND 2022, THERE WERE NO UNCERTAIN TAX BENEFITS IDENTIFIED AND RECORDED AS A LIABILITY. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF INTEREST RATE SWAP 232,408. RENTAL EXPENSES SHOWN AS REVENUE VERSUS EXPENSE 80,447. COST OF GOODS SOLD NETTED WITH REVENUE 479,244. CHANGE IN FAIR VALUE OF DEBT SERVICE RESERVE FUND -72,052. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS & FELLOWSHIPS RECLASSIFIED AS EXPENSE 23,246,676. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES NETTED WITH REVENUE 80,447. COST OF GOODS SOLD NETTED WITH REVENUE 479,244. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS & FELLOWSHIPS RECLASSIFIED AS EXPENSE 23,246,676. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | 0 | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE UNIVERSITY IS NOT REQUIRED TO PUBLICIZE THE RACIALLY NONDICRIMINATORY POLICY THROUGH NEWSPAPER OR BROADCAST MEDIA DURING REGISTRATION BECAUSE PARAGRAPH 4.02(2)(B) OF REV. PROC. 75-50 APPLIES. GRAND VIEW UNIVERSITY PUBLISHES ITS NONDISCRIMINATION POLICY ON BOTH THE INTERNAL AND EXTERNAL WEBSITES, AS WELL AS THE UNIVERSITY CATALOG, FINANCIAL AID HANDBOOK AND ON THE EMPLOYMENT APPLICATION WEBSITE. SEE POLICY BELOW. DATA AVAILABLE UPON REQUEST. |
| SCHEDULE E, PART I, LINE 6 | GRAND VIEW UNIVERSITY RECEIVES BOTH FEDERAL AND STATE GRANTS |
| NONDISCRIMINATION POLICY | APPLICANTS FOR ADMISSION AND EMPLOYMENT, STUDENTS, EMPLOYEES & SOURCES OF REFERRAL OF APPLICATIONS FOR ADMISSION & EMPLOYMENT ARE HEREBY NOTIFIED THAT GRAND VIEW UNIVERSITY DOES NOT UNLAWFULLY DISCRIMINATE ON THE BASIS OF AGE, RACE, RELIGION, CREED, COLOR, SEX, SEXUAL ORIENTATION, NATIONAL ORIGIN, ANCESTRY OR DISABILITY IN ADMISSION OR ACCESS TO, OR TREATMENT OR EMPLOYMENT IN, ITS PROGRAMS & ACTIVITIES, SERVICES OR PRACTICES. ANY PERSON HAVING INQUIRIES CONCERNING THE UNIVERSITY'S COMPLIANCE WITH THE REGULATIONS IMPLEMENTING TITLE VI, TITLE IX & SECTION 504 OF THE REHABILITATION ACT OF 1973 & THE AMERICANS WITH DISABILITY ACT IS DIRECTED TO CONTACT THE VICE PRESIDENT FOR ADMINISTRATION & FINANCE, 515-263-2821, WHO HAS BEEN DESIGNATED AS THE EQUAL EMPLOYMENT OPPORTUNITY & AFFIRMATIVE ACTION OFFICER. ANY PERSON ALSO MAY CONTACT THE DEPARTMENT OF EDUCATION REGARDING THE UNIVERSITY'S COMPLIANCE WITH REGULATIONS IMPLEMENTING TITLE VI, TITLE IX, SECTION 504 OF THE REHABILITATION ACT OF 1973 & THE AMERICANS WITH DISABILITY ACT. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | Specific Services ProvidedSpecificServicesProvidedTxt |
|---|---|---|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTMENTS | $6,996,314 | |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | PROGRM SERVICES | $95,700 | STUDENT STUDY ABROAD PROGRAM |
| EAST ASIA AND THE PACIFIC | 0 | 0 | PROGRM SERVICES | $30,250 | STUDENT STUDY ABROAD PROGRAM |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $7,122,264 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $7,122,264 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III ACCOUNTING METHOD: | FormAndLineReferenceDesc |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | VIKING CLASSIC GOLF OUTING | Event1Nm |
| Gross Receipts Event1 | $27,900 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $20,320 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $7,580 | GrossRevenueEvent1Amt |
| Cash Prizes Event1 | $0 | CashPrizesEvent1Amt |
| Non Cash Prizes Event1 | $0 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $4,715 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $0 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $0 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $99 | OtherDirectExpensesEvent1Amt |
| Event2 | WRESTLING GOLF OUTING | Event2Nm |
| Gross Receipts Event2 | $30,430 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $22,055 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $8,375 | GrossRevenueEvent2Amt |
| Cash Prizes Event2 | $0 | CashPrizesEvent2Amt |
| Non Cash Prizes Event2 | $0 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $6,272 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $0 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $0 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $316 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $20,175 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $3,650 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $16,525 | GrossRevenueOtherEventsAmt |
| Cash Prizes Other Events | $0 | CashPrizesOtherEventsAmt |
| Non Cash Prizes Other Events | $0 | NonCashPrizesOtherEventsAmt |
| Rent Fclty Costs Other Events | $11,147 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $0 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $0 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $2,541 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $78,505 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $46,025 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $32,480 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $22,134 | RentFcltyCostsTotalEventsAmt |
| Oth Direct Expnss Total Events | $2,956 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $25,090 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $7,390 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (16 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|
| MERIT/INSTITUTIONAL NEED BASED | 1328 | $15,324,155 | BOOK |
| ELL PROJECT EMPOWER GRANTS (GR) | 52 | $210,683 | BOOK |
| MEN'S ATHLETIC SCHOLARSHIP | 463 | $3,925,900 | BOOK |
| WOMEN'S ATHLETIC SCHOLARSHIP | 333 | $1,944,332 | BOOK |
| CO-ED ATHLETIC SCHOLARSHIPS | 15 | $60,306 | BOOK |
| MEN'S ATHLETIC SCHOLARSHIP (GR) | 27 | $147,391 | BOOK |
| ACTIVITY SCHOLARSHIPS | 84 | $347,766 | BOOK |
| GOVERNMENT GRANTS | 447 | $124,858 | BOOK |
| GOVERNMENT GRANTS - CARES ACT (GR) | 3 | $8,892 | BOOK |
| FUNDED SCHOLARSHIPS (RESTR) | 55 | $102,694 | BOOK |
| GV ENDOWED SS (UG) | 149 | $453,111 | BOOK |
| GV ENDOWED SS (GR) | 17 | $26,400 | BOOK |
| TUITION WAIVER/NON-EMPLOYEE (UG) | 11 | $98,042 | BOOK |
| TUITION WAIVER/NON-EMPLOYEE (GR) | 75 | $73,270 | BOOK |
| GOVERNMENT GRANTS - CARES ACT (UG) | 93 | $335,361 | BOOK |
| WOMEN'S ATHLETIC SCHOLARSHIP (GR) | 9 | $63,515 | BOOK |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | INITIAL ACADEMIC AID FOR NEW FIRST YEAR STUDENTS IS DETERMINED BY HIGH SCHOOL GPA AND FOR TRANSFER STUDENTS IS DETERMINED BY THE CUMULATIVE TRANSFER GPA. INITITAL DETERMINATION IS MADE FOR FIRST YEAR STUDENTS WHEN THE STUDENT IS ADMITTED AND THEN VERIFIED AGAIN WHEN THE OFFICIAL HIGH SCHOOL TRANSCRIPT IS RECEIVED. RENEWAL OF ACADEMIC AID IS DETERMINED AT THE END OF THE ACADEMIC YEAR BY REVIEWING GRAND VIEW GPA AND SEMESTERS OF RECEIVED AID. AS A FOLLOW-UP FOR THOSE AWARDED PRIOR TO THE SPRING GRADES, A REPORT IS REVIEWED TO DETERMINE IF THE GPA CRITERIA WAS MET AT THE END OF THE TERM. GRAND VIEW IS A MEMBER OF THE NATIONAL ASSOCIATION OF INTERCOLLEGIATE ATHLETICS AND OFFERS ATHLETIC SCHOLARSHIPS IN BASEBALL, BASKETBALL, BOWLING, CROSS COUNTRY, FOOTBALL, GOLF, SOCCER, TENNIS, TRACK AND FIELD, VOLLEYBALL, AND WRESTLING FOR MEN AND BASKETBALL, BOWLING, COMPETITIVE DANCE, CROSS COUNTRY, GOLF, SOCCER, SOFTBALL, TENNIS, TRACK AND FIELD, VOLLEYBALL, AND WRESTLING FOR WOMEN, AS WELL AS CHEER, E-SPORTS, AND SHOOTING SPORTS FOR CO-EDUCATIONAL SPORTS PROGRAMS. SCHOLARSHIPS ARE BASED ON ABILITY AS EVALUATED BY THE COACHES AND ACCEPTED TO THE UNIVERSITY. COACHES ARE ALLOTTED AN INSTITUTIONAL AID AVERAGE ACROSS THEIR ROSTER THAT THE NEED TO BE AT OR BELOW IN A GIVEN YEAR. APPEALS FOR ADDITIONAL DOLLARS ARE MONITORED BY THE VICE PRESIDENT FOR ATHLETICS AND VICE PRESIDENT FOR ENROLLMENT MANAGEMENT. AVERAGES ARE MONITORED BY COACHES, THE VICE PRESIDENT FOR ATHLETICS AND THE VICE PRESIDENT FOR ENROLLMENT MANAGEMENT. ELIGIBILITY REQUIREMENTS ARE REVIEWED BY THE ATHLETIC SUCCESS COORDINATOR AND THE VICE PRESIDENT FOR ATHLETICS. ART, MUSIC & THEATER AWARDS ARE AWARDED TO FULL TIME DAY STUDENTS WHO DEMONSTRATE TALENT. TO QUALIFY, STUDENTS MUST VISIT CAMPUS, MEET WITH THE CHAIR OF THE DEPARTMENT, APPLY AND BE ACCEPTED TO GRAND VIEW. RENEWAL IS BASED ON GPA OR GOOD STANDING. EACH DEPARTMENT HAS A BUDGET TO USE TO RECRUIT AND RETAIN STUDENTS. REQUESTS FOR INITIAL AWARDS ARE SUBMITTED TO THE VICE PRESIDENT OF ENROLLMENT MANAGEMENT AND ONCE APPROVED ARE FORWARDED TO THE FINANCIAL AID DIRECTOR. ROSTERS OF THOSE TO RENEW ARE SENT TO THE CHAIR TO EVALUATE BASED ON GPA, ACADEMIC STANDING AND PARTICIPATION. BUDGETS ARE MONITORED BY FINANCIAL AID. AN ALERT WILL BE GIVEN IF AN AWARD IS ENTERED OVER THE BUDGETED AMOUNT. ANNUAL AND ENDOWED AID IS AWARDED TO STUDENTS BASED ON DONOR QUALIFICATIONS. ADVANCEMENT, BUSINESS OFFICE, AND FINANCIAL AID SIGN OFF AND RECEIVE COPIES OF NEW FUNDS CREATED. THE FINCIAL AID ADVISOR WORKS WITH THE BUSINESS OFFICE AND ADVANCEMENT IN JANUARY TO DETERMINE WHICH FUNDS AND THE DOLLAR AMOUNT TO BE AWARDED IN THE FOLLOWING YEAR. NOTIFICATIONS GO TO DEPARTMENTS OF FACULTY PICKS. FINANCIAL AID PICKS ARE DETERMINED BY RUNNING A REPORT TO GET STUDENTS WHO MEET DONOR REQUIREMENTS. MOST OF THESE AWARDS REQUIRE A SCHOLARSHIP ACCEPTANCE AND THANK YOU TO THE DONOR. DISBURSEMENT RULES WILL NOT ALLOW THE FUND TO BE DISBURSED UNTIL THIS DOCUMENTATION IS RECEIVED. PACKAGING PROCEDURES ARE DEVELOPED EACH YEAR AND UTILIZED TO DETERMINE A STUDENT'S TOTAL FINANCIAL AID PACKAGE. IN THIS WAY, AID IS GIVEN IN A FAIR AND EQUITABLE MANNER. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KENT L HENNING | ||||||||||||||
| FORMER TRUSTEE & PRESIDENT | $170,666 | $0 | $49,000 | $0 | $22,053 | $0 | $13,458 | $0 | $11,687 | $0 | $266,864 | $0 | $0 | $0 |
| CARL MOSES | ||||||||||||||
| VP ACADEMIC AFFAIRS & PROVOST | $179,356 | $0 | $0 | $0 | $2,073 | $0 | $12,999 | $0 | $14,535 | $0 | $208,963 | $0 | $0 | $0 |
| CHRISTOPHER LEE | ||||||||||||||
| VP ADMIN/FINANCE | $181,307 | $0 | $0 | $0 | $627 | $0 | $12,852 | $0 | $9,011 | $0 | $203,797 | $0 | $0 | $0 |
| PATRICIA WILLIAMS | ||||||||||||||
| VICE PROVOST FOR GRAD & PRO STUDIES | $127,163 | $0 | $0 | $0 | $306 | $0 | $9,401 | $0 | $60,977 | $0 | $197,847 | $0 | $0 | $0 |
| RACHELLE KECK | ||||||||||||||
| TRUSTEE & PRESIDENT (EFF JULY 2022) | $146,855 | $0 | $0 | $0 | $29,150 | $0 | $11,977 | $0 | $8,325 | $0 | $196,307 | $0 | $0 | $0 |
| WILLIAM H BURMA | ||||||||||||||
| VP ADVANCEMENT (THRU FEB 2023) | $161,301 | $0 | $0 | $0 | $6,343 | $0 | $11,594 | $0 | $11,363 | $0 | $190,601 | $0 | $0 | $0 |
| TIM WHEELDON | ||||||||||||||
| VP INFORMATION SYSTEMS/CIO | $115,756 | $0 | $0 | $0 | $373 | $0 | $8,566 | $0 | $60,037 | $0 | $184,732 | $0 | $0 | $0 |
| LYNN BURKS | ||||||||||||||
| EXECUTIVE DIRECTOR OF JACOBSON INSTI | $165,000 | $0 | $5,000 | $0 | $824 | $0 | $11,900 | $0 | $491 | $0 | $183,215 | $0 | $0 | $0 |
| DEBBIE BARGER | ||||||||||||||
| VP ENROLLMENT MGMT | $151,582 | $0 | $0 | $0 | $1,094 | $0 | $11,139 | $0 | $15,639 | $0 | $179,454 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THE FORMER PRESIDENT WAS ELIGIBLE FOR A VARIABLE PAY OPPORTUNITY TO BE AWARDED ANNUALLY AT THE DIRECTION OF THE BOARD OF TRUSTEES. FOR CALENDAR 2021, THE FORMER PRESIDENT EARNED AN AMOUNT REPRESENTING 96% OF THE AMOUNT ELIGIBLE, HOWEVER THIS BONUS WAS NOT PAID UNTIL CALENDAR YEAR 2022. FOR CALENDAR 2022, THE FORMER PRESIDENT EARNED AN AMOUNT REPRESENTING 100% OF THE AMOUNT ELIGIBLE, WHICH WAS ALSO PAID PRIOR TO HIS RETIREMENT IN CALENDAR YEAR 2022. $15,600 HOUSING ALLOWANCE PAID TO THE FORMER PRESIDENT WAS INCLUDED AS TAXABLE INCOME ON HIS W-2. $16,000 HOUSING ALLOWANCE AND $5,100 CAR ALLOWANCE PAID TO THE CURRENT PRESIDENT WAS INCLUDED AS TAXABLE INCOME ON HER W-2. THE UNIVERSITY PAYS DUES FOR THE PRESIDENT FOR BUSINESS USE ONLY. |
| SCHEDULE J - SUPPLEMENTAL INFORMATION | NONTAXABLE BENEFITS PRIMARILY INCLUDE HEALTH INSURANCE BENEFITS. THOSE INDIVIDUALS WITH SIGNIFICANTLY LARGER NONTAXABLE BENEFITS REPORTED ALSO INCLUDE TUITION WAIVER AND EXCHANGE BENEFITS OF THE EMPLOYEE AND IMMEDIATE FAMILY. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| IOWA HIGHER EDUCATION LOAN AUTHORITY | ||||||||
| A | 421235696 | 462460K54 | 2016-10-01 | $13,375,000 | REFUNDING OF 2010 BONDS | 0 | 0 | 0 |
| CITY OF BONDURANT | ||||||||
| B | 426004287 | 2022-09-30 | $4,155,000 | REFUNDING OF 2012B BONDS | 0 | 0 | 0 | |
| IOWA HIGHER EDUCATION LOAN AUTHORITY | ||||||||
| C | 421235696 | 2022-09-30 | $4,939,000 | REFUNDING OF 2014A BONDS | 0 | 0 | 0 | |
| IOWA HIGHER EDUCATION LOAN AUTHORITY | ||||||||
| D | 421235696 | 4624603H7 | 2015-02-25 | $20,614,511 | REFUNDING OF 2006 BONDS | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | In Reserve FundInReserveFundAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Other Spent ProceedsOtherSpentProceedsAmt |
|---|---|---|---|---|---|---|---|---|---|---|
| A | $3,695,000 | $13,375,000 | 2011 | Yes (1) | 0 | Yes (1) | Yes (1) | |||
| B | $4,155,000 | 2014 | Yes (1) | 0 | Yes (1) | Yes (1) | ||||
| C | $137,000 | $4,939,000 | 2016 | Yes (1) | 0 | Yes (1) | Yes (1) | |||
| D | $3,210,000 | $20,614,511 | 2015 | Yes (1) | 0 | Yes (1) | Yes (1) | $1,952,680 | $412,290 | $18,169,208 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| D | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BANKERS TRUST CO | ||||||||||||
| A | 0 | Yes (1) | Yes (1) | 0 | Yes (1) | Yes (1) | 9.250000000000 | 0 | 0 | 0 | 0 | Yes (1) |
| (no name) | ||||||||||||
| B | 0 | Yes (1) | Yes (1) | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) | |||
| (no name) | ||||||||||||
| C | 0 | Yes (1) | Yes (1) | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) | |||
| (no name) | ||||||||||||
| D | 0 | Yes (1) | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) | Yes (1) | |||
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $112,511 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | AVE FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (6 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | INSTRUCTIONAL FACULTY | 1 | $3,358 | STATED COST |
| Yes (X) | REFRIGERATOR FOR CAMPUS FOOD PANTRY | 1 | $1,298 | STATED COST |
| Yes (X) | THEATER SCRIPTS | 1 | $800 | ESTIMATED FV |
| Yes (X) | THEATER EQUIPMENT | 3 | $305 | STATED COST |
| Yes (X) | AUCTION ITEMS | 2 | $300 | ESTIMATED FV |
| Yes (X) | FOOD FOR EVENT | 1 | $200 | STATED COST |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | REPORTING THE NUMBER OF CONTRIBUTIONS |
| PART I, LINE 32B: | STOCK CONTRIBUTIONS ARE RECEIVED THROUGH OUR ENDOWMENT INVESTMENT MANAGER AND SOLD UPON RECEIPT. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 2, PART III, LINE 1 - ORGANIZATION'S MISSION STATEMENT | GRAND VIEW UNIVERSITY ENGAGES, EQUIPS, AND EMPOWERS STUDENTS TO FULFILL THEIR INDIVIDUAL POTENTIAL AND SERVE SOCIETY. COMMITTED TO THE DEVELOPMENT OF THE WHOLE PERSON - MIND, BODY AND SPIRIT - AND TO PREPARING STUDENTS FOR SUCCESSFUL CAREERS AND RESPONSIBLE CITIZENSHIP BOTH IN THEIR COMMUNITIES AND IN A DIVERSE AND CHANGING WORLD, GRAND VIEW OFFERS A LIBERAL ARTS EDUCATION THAT: *CHALLENGES STUDENTS TO INQUIRE WITH A DISCIPLINED AND CRITICAL MIND, COMMUNICATE EFFECTIVELY, AND DISPLAY AN AWARENESS OF THE GLOBAL ISSUES THAT AFFECT US ALL. *CREATES A COMMUNITY OF LEARNERS WHERE DIFFERING PERSPECTIVES ARE WELCOME, WHERE FRIENDLY INTERACTION IS THE NORM, AND WHERE INTELLECTUAL AND PERSONAL INTEGRITY IS EXPECTED AND MODELED. *OFFERS A SUPPORTIVE ENVIRONMENT WHERE STUDENTS CAN ENGAGE IN COMMUNITY WITH OTHERS, DISCERN LIFE PURPOSE, AND GROW IN LEADERSHIP. *AFFIRMS CHRISTIAN FAITH AND ETHICS AS A VISION FOR LIFE, A VISION THAT ENHANCES OUR RESPECT FOR THE DIVERSITY AND DIGNITY OF ALL PEOPLE, FOR RELATING TO OTHERS, AND FOR THE PURSUIT OF LIFELONG LEARNING. INFORMED BY ITS DANISH LUTHERAN HERITAGE, GRAND VIEW IS A SCHOOL FOR LIFE. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE SYNODICAL COUNCIL OF THE SOUTHEASTERN IOWA SYNOD OF THE EVANGELICAL LUTHERAN CHURCH IN AMERICA RATIFIES AND APPROVES BOARD MEMBERS NOMINATED AND ELECTED BY THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 11B | GRAND VIEW'S BOARD OF TRUSTEES DELEGATES THE DETAILED REVIEW OF THE FINANCIAL STATEMENTS AND FORM 990 TO THE AUDIT COMMITTEE. IF NECESSARY, CORRECTIONS ARE MADE FOLLOWING THAT REVIEW. ONCE FINALIZED, THE FORM 990 IN ITS ENTIRETY IS MADE AVAILABLE TO THE FULL BOARD OF TRUSTEES FOR REVIEW FOR THE OCTOBER BOARD MEETING AND PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICT OF INTEREST QUESTIONNAIRES ARE DISTRIBUTED AND COLLECTED EACH ACADEMIC YEAR FROM THE OFFICERS, TRUSTEES AND KEY EMPLOYEES. ANY POTENTIAL CONFLICTS ARE DISCLOSED, REVIEWED BY THE VICE PRESIDENT FOR ADMINISTRATION AND FINANCE OR DESIGNEE AND REPORTED TO THE AUDIT COMMITTEE OF THE BOARD. WHEN NECESSARY, INDIVIDUALS WILL ABSTAIN FROM ANY DISCUSSION OR VOTE THAT PERTAINS TO THESE PREVIOUSLY DISCLOSED OR NEWLY DEVELOPED CONFLICTS OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES DETERMINES THE COMPENSATION FOR GRAND VIEW'S PRESIDENT AND APPROVES THE COMPENSATION FOR OTHER OFFICERS THROUGH A PROCESS WHICH INCLUDES REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. THE COMPENSATION COMMITTEE (MADE UP OF FIVE BOARD OF TRUSTEES MEMBERS THAT ARE ALL INDEPENDENT MEMBERS) MEETS EACH YEAR AND REVIEWS THE FOLLOWING, AMONG OTHER DATA: COMPARATIVE SALARY DATA FOR ALL OFFICER POSITIONS, THE COMPENSATION HISTORY OF THE PRESIDENT, COMPARISONS OF THE PRESIDENT'S COMPENSATION TO THE FACULTY AND STAFF INCREASES, PRESIDENT'S SELF-EVALUATION AND EVALUATION OF OTHER OFFICERS, AND THE EMPLOYMENT AGREEMENT WITH THE PRESIDENT. UPON DELIBERATION AND BASED ON THE COMPENSATION PHILOSOPHY ADOPTED BY THE BOARD OF TRUSTEES, THE COMPENSATION COMMITTEE RECOMMENDS THE COMPENSATION OF THE PRESIDENT TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THE COMPENSATION COMMITTEE ALSO APPROVES THE COMPENSATION OF OTHER UNIVERSITY OFFICERS BASED ON RECOMMENDATIONS BY THE PRESIDENT. THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE RECOMMENDATIONS OF THE COMPENSATION COMMITTEE. A SUMMARY REPORT IS PROVIDED ANNUALLY TO THE FULL BOARD OF TRUSTEES REGARDING THE COMPENSATION PHILOSOPHY, THE EVALUATION OF THE PRESIDENT'S PERFORMANCE AND THE COMPENSATION PACKAGE OF THE PRESIDENT AND OTHER UNIVERSITY OFFICERS. THE DELIBERATION AND DECISIONS OF ALL COMMITTEES AND THE BOARD OF TRUSTEES ARE DOCUMENTED IN MINUTES TAKEN FOR ALL MEETINGS. DATA FROM THE IOWA ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES IS USED ANNUALLY FOR COMPARATIVE SALARY DATA ON ALL OFFICER POSITIONS. IN PREPARATIONS FOR THE COMPENSATION ADJUSTMENTS EFFECTIVE IN JANUARY 2019, AN INDEPENDENT COMPENSATION AND BENEFITS CONSULTANT WAS HIRED IN FALL 2018 TO ASSIST THE COMPENSATION COMMITTEE IN ITS DUTIES BY PROVIDING A DETAILED COMPENSATION COMPARABILITY STUDY. THE STUDY UTILIZED DATA BASED UPON INDUSTRY SURVEYS AND IRS FORM 990 DATA FOR COMPARABLE ORGANIZATIONS. SPECIFIC DATA SOURCES INCLUDED THE BUREAU OF LABOR STATISTICS, THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION (CUPA) ADMINISTRATORS SURVEY AND YAFFE & COMPANY 2017-18 EXECUTIVE COMPENSATION REPORT FOR INDEPENDENT COLLEGES & UNIVERSITIES. IN FALL 2013, A SIMILAR COMPENSATION COMPARABILITY STUDY WAS CONDUCTED BY A DIFFERENT INDEPENDENT CONSULTANT. THE BOARD OF TRUSTEES FOR GRAND VIEW UNIVERSITY CONSIDERS A REBUTTABLE PRESUMPTION OF REASONABLENESS TO HAVE BEEN FORMED AND IS NOT AWARE OF ANY EXCESS BENEFIT TRANSACTIONS. PURSUANT TO IRS REGULATIONS, THE UNIVERSITY'S EXECUTIVE COMPENSATION TRANSACTIONS ARE PRESUMED TO BE REASONABLE AS ALL OF THE FOLLOWING CONDITIONS HAVE BEEN MET: 1) THE COMPENSATION ARRANGEMENT WAS APPROVED IN ADVANCE BY THE COMPENSATION COMMITTEE CONSISTING OF ALL INDEPENDENT MEMBERS, 2) THE COMPENSATION COMMITTEE OBTAINED AND RELIED UPON APPROPRIATE COMPARABILITY DATA PRIOR TO MAKING DECISIONS, AND 3) THE COMPENSATION COMMITTEE ADEQUATELY DOCUMENTED THE BASIS FOR ITS DECISION AT THE TIME THE DECISION WAS MADE. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST IN THE OFFICE OF THE CONTROLLER AT GRAND VIEW UNIVERSITY, LOCATED AT 1200 GRANDVIEW AVE, DES MOINES, IA 50316. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF INTEREST RATE SWAP 232,408. CHANGE IN VALUE OF DEBT SERVICE RESERVE FUND -72,052. |
| FORM 990, PAGE 12, PART XII, LINE 2C | THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUTHEASTERN IOWA SYNOD OF THE ELCA | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2635 NORTHGATE DRIVE | AddressLine1Txt |
| City | IOWA CITY | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 52244 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363514254 | EIN |
| Primary Activities | RELIGIOUS | PrimaryActivitiesTxt |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 1 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
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