2022-04-27T16:22:38-05:00 2021-06-30 421029744 TDT CPAS AND ADVISORS PC 1245 JORDAN CREEK PKWY SUITE 100 WEST DES MOINES IA 502662300 990 2020-07-01 420680344 CENTRAL COLLEGE CENT 6416285161 812 UNIVERSITY ST PELLA IA 50219 THOMAS JOHNSON VP FINANCE & TREAS 6416285273 2022-04-23 true THOMAS JOHNSON 999009999 DAN MONTGOMERY CPA P02183410 5156575800 2022-04-27 2020 2022-09-23 18:48:47Z MARK PUTNAM - PRESIDENT 812 UNIVERSITY PELLA IA 50219 52471199 false X WWW.CENTRAL.EDU X 1853 IA CENTRAL COLLEGE IS A PRIVATE LIBERAL ARTS INSTITUTION DEDICATED TO THE FOUR YEAR UNDERGRADUATE EXPERIENCE 36 36 1382 6 224998 5264182 7405076 55292319 40759664 4742939 4182399 75170 66015 65374610 52413154 26485137 6206652 0 23613060 23180042 0 2946111 20831187 21005898 70929384 50392592 -5554774 2020562 182044293 195820230 79304643 73945740 102739650 121874490 X CENTRAL COLLEGE IS A RESIDENTIAL LIBERAL ARTS COLLEGE DEDICATED TO HELPING STUDENTS DISCOVER AND DEVELOP THEIR GREATEST POTENTIAL. GUIDED BY ITS ECUMENICAL CHRISTIAN TRADITION, THE COLLEGE COMMUNITY ENGAGES IN VIGOROUS, OPEN INQUIRY IN PURSUIT OF ACADEMIC EXCELLENCE. THE COLLEGE NURTURES THE DEVELOPMENT OF THE MIND, WHILE FOSTERING SPIRITUAL AND EMOTIONAL MATURITY AND PHYSICAL WELL-BEING. CENTRAL INTEGRATES CAREER PREPARATION WITH THE DEVELOPMENT OF VALUES ESSENTIAL TO RESPONSIBLE CITIZENSHIP, EMPOWERING GRADUATES FOR EFFECTIVE SERVICE IN LOCAL, NATIONAL, AND INTERNATIONAL COMMUNITIES. false false 22574835 6206652 19792678 PROVIDED EDUCATIONAL SERVICES RELATED TO CLASSROOM TEACHING, LABORATORY EXPERIENCES, AND PROGRAM SERVICE TO 1,120 STUDENTS, INCLUDING 1,015 RECEIVING INSTITUTIONAL FINANCIAL ASSISTANCE. 9200949 11302316 PROVIDED ROOM AND BOARD ON A RESIDENTIAL CAMPUS TO 1056 STUDENTS LIVING IN RESIDENTIAL UNITS AND 1045 STUDENTS WITH BOARD CONTRACTS. 8720908 404886 EXPENSES RELATED TO PROVIDING PERSONAL SERVICES AND ACTIVITIES FOR STUDENTS AT A RESIDENTIAL COLLEGE, INCLUDING COUNSELING, EXTRA-CURRICULAR ACTIVITIES, HEALTH CENTER, ADMISSIONS, AND STUDENT GOVERNMENT. 2216002 9259784 GOVERNMENT-SPONSORED TRIO PROGRAMS - EXPENSES OF FEDERAL GRANT PROGRAM 2216002 9259784 42712694 true true false false false false false true false true true true false false true true true false true true true false false false false false false false true true false false false false true false false false true false false false false false false false false true X 3054 0 true 1382 true true true true SP false false false true true false false false false false false false false X 36 36 false false false false false false false true true true false true true true true true true true true false X THOMAS JOHNSON 6416285276 812 UNIVERSITY PELLA IA 50219 MARK PUTNAM - PRESIDENT PRESIDENT 40.00 X 267719 0 47480 MARY STREY VP ACADEMICS 40.00 X 194086 0 41908 THOMAS JOHNSON VP FINANCE & 40.00 X 189571 0 40242 CAROL WILLIAMSON VP ENROLLMEN 40.00 X 150510 0 42134 SUNNY EIGHMY VP DEVELOPME 40.00 X 137898 0 25212 ROBERT FRANKS FACULTY 40.00 X 114571 0 11280 JEFF SANGER CONTROLLER 40.00 X 66300 0 6608 BERNADETTE ALLEN VICE-CHAIR 0.50 X X 0 0 0 JASON ANDRINGA TRUSTEE 0.50 X 0 0 0 KRISTI BALK TRUSTEE 0.50 X 0 0 0 ROGER BROWN TRUSTEE 0.50 X 0 0 0 DAN DE COOK TRUSTEE 0.50 X 0 0 0 PETER CARTWRIGHT TRUSTEE 0.50 X 0 0 0 TEJ DHAWAN CHAIR 0.50 X X 0 0 0 MARK ELLINGSON TRUSTEE 0.50 X 0 0 0 SHAYLA FROM TRUSTEE 0.50 X 0 0 0 JULIE FISHER SECRETARY 0.50 X X 0 0 0 TIM HEREEMA TRUSTEE 0.50 X 0 0 0 CHRISTINE IEUTER TRUSTEE 0.50 X 0 0 0 JAMES CHIP GRIFFITH III TRUSTEE 0.50 X 0 0 0 JAMES ISRAEL TRUSTEE 0.50 X 0 0 0 THOMAS KOOS TRUSTEE 0.50 X 0 0 0 J LANIER LITTLE TRUSTEE 0.50 X 0 0 0 MICHAEL MAIN TRUSTEE 0.50 X 0 0 0 SOPHIE MATHONNET-VANDERWELL TRUSTEE 0.50 X 0 0 0 CHARLES MORRIS TRUSTEE 0.50 X 0 0 0 JEFF OLIVER TRUSTEE 0.50 X 0 0 0 STEVE PERKINS TRUSTEE 0.50 X 0 0 0 BARBARA PETTITT TRUSTEE 0.50 X 0 0 0 WILLIAM BILL RANKIN TRUSTEE 0.50 X 0 0 0 JANA RIECKER TRUSTEE 0.50 X 0 0 0 RICK RYAN TRUSTEE 0.50 X 0 0 0 KATHY SIKKEMA TRUSTEE 0.50 X 0 0 0 STEVE SIKKINK TRUSTEE 0.50 X 0 0 0 DONNA SMITH TRUSTEE 0.50 X 0 0 0 HARRY SMITH TRUSTEE 0.50 X 0 0 0 DEANNA VER STEEG VICE CHAIR 0.50 X X 0 0 0 CLAY THOMPSON VICE-CHAIR 0.50 X X 0 0 0 MARK VANDERLINDEN TRUSTEE 0.50 X 0 0 0 JUDITH VOGEL TRUSTEE 0.50 X 0 0 0 MIKE VAN VOORST TRUSTEE 0.50 X 0 0 0 MARKAY WINSTON TRUSTEE 0.50 X 0 0 0 MARY WORSTELL TRUSTEE 0.50 X 0 0 0 1120655 214864 6 false true false WEITZ 5901 THORNTON AVE DES MOINES IA 50321 CONTRACTOR 3518816 CONFERENCE TECHNOLOGIES 11653 ADIE RD MARYLAND HEIGHTS MO 63043 CONTRACTOR 375760 LMC INSURANCE & RISK MANAGEMENT 4200 UNIVERSITY STE 200 WEST DES MOINES IA 50266 INSURANCE 319190 JOHNSON CONTROLS INC 62578 COLLECTIONS CENTER CHICAGO IL 62578 CONTRACTOR 310150 UNITED WISCONSIN INS 15200 W SMALL RD NEW BERLIN WI 537517937 INSURANCE 308890 5 X 7405076 2998832 7405076 TUITION 611600 19792678 19792678 AUXILIARY 611600 11077318 11077318 GOVT GRANTS 611600 9259784 9259784 EDUCATIONAL 611600 404886 404886 AUXILIARY 722320 224998 224998 40759664 4182399 4182399 124060 58045 66015 66015 66015 52413154 40534666 224998 4248414 6206652 6206652 1674727 851706 653771 169250 16827924 14374744 1111215 1341965 1407506 1134341 159228 113937 1943709 1608606 175523 159580 1326176 1104949 115185 106042 474335 281246 193089 189044 189044 54286 54286 706673 11910 694763 2272138 1576651 437482 258005 1053048 276142 776906 854130 845632 5910 2588 441462 391526 34977 14959 84240 47306 6282 30652 1741751 1736517 4153 1081 3818895 3728829 67931 22135 OPERATIONAL MAINTENANCE 3415645 3313719 70882 31044 TRIO 2216002 2216002 FOOD 1585581 1585581 OFF CAMPUS PROGRAMS 239820 239820 1858848 1180815 677923 110 50392592 42712694 4733787 2946111 978923 3684533 3310908 432122 2812985 2421060 892639 633238 3124695 2505165 287775 287549 282947 335544 185340456 92543428 91343930 92797028 41814856 46127371 36827046 46229031 367589 367589 182044293 195820230 3933628 5595037 1292658 535651 66443819 64738244 7634538 3076808 79304643 73945740 X 39322009 43208912 63417641 78665578 102739650 121874490 182044293 195820230 X 2020562 17114278 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 367589 X X X X false 79516457 3460659 20769085 1571352 2428648 99746202 79746593 1313919 1955945 1828233 1671767 79516457 81011252 1363649 5371692 3326869 4673131 79746593 76453480 1012032 7045740 1549466 1950534 81011252 71347418 858114 7772472 1527935 1996589 76453480 0.31000 0.54000 0.15000 false false 7059946 7059946 149933194 67963492 81969702 25364005 24579936 784069 2983311 2983311 92797028 PRIVATE EQUITY 20786017 F HEDGE FUNDS 8823683 F REAL ESTATE 6278677 F REAL ASSETS 4507269 F COMMINGLED FUNDS 2607811 F CF PRIVATE EQUITY 2415732 F CF REAL ASSETS 739674 F PELLA CINEMA 70000 F OTHER REAL ASSETS 168 F 46229031 ANNUITIES PAYABLE 2310319 US GOVT REFUNDABLE 766489 3076808 X 63378825 17114278 58045 17172323 46206502 6206652 6206652 52413154 44243985 58045 58045 44185940 6206652 6206652 50392592 SCHEDULE D, PAGE 2, PART III, LINE 4 PAINTINGS AND INDIAN JEWELRY COLLECTION USED IN ACADEMIC CLASSSES, PUBLIC DISPLAY ON CAMPUS AND LOANED TO OTHER NON-PROFIT ORGANIZATIONS WITH NO FEE SCHEDULE D, PAGE 2, PART V, LINE 4 INTENDED USE OF THE ENDOWMENT FUNDS IS TO FUND EDUCATIONAL SCHOLARSHIPS AND AWARDS FOR CENTRAL COLLEGE STUDENTS, FACULTY, AND SUPPORT FOR ENDOWED CHAIRS, AND ADDITIONAL SPECIAL PROJECTS FOR FACULTY MEMBERS AND THE MUSIC DEPARTMENT. SCHEDULE D, PAGE 3, PART X THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)3 OF THE INTERNAL REVENUE CODE. THE COLLEGE IS ALSO EXEMPT FROM STATE INCOME TAX. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. THE COLLEGE FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING CERTAIN UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE COLLEGE FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2021 AND 2020. THE COLLEGE'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE TAX RETURN FOR FISCAL YEAR 2017 AND THEREAFTER ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHROITIES. SCHEDULE D, PAGE 4, PART XI, LINE 2D RENTAL EXPENSES 58,045 SCHEDULE D, PAGE 4, PART XI, LINE 4B FINANCIAL AID 6,206,652 SCHEDULE D, PAGE 4, PART XII, LINE 2D RENTAL EXPENSES 58,045 SCHEDULE D, PAGE 4, PART XII, LINE 4B FINANCIAL AID 6,206,652 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 CENTRAL COLLEGE ADMITS STUDENTS ON THE BASIS OF ACADEMIC QUALIFICATIONS WITHOUT REGARD TO ETHNICITY, RACE, NATURAL ORIGIN, ANCESTORY, COLOR, SOCI0ECONOMIC CLASS, CREED, RELIGION, PHILOSOPHICAL BELIEF, MARITAL STATUS, DISABILITY, PHYSICAL APPEARANCE, SEX, AGE, SEXUAL ORIENTATION, OR GENDER EXPRESSION. SCHEDULE E, LINE 6 CENTRAL COLLEGE RECEIVES TITLE IV FINANCIAL AID FOR STUDENTS FROM THE DEPARTMENT OF EDUCATION: PELL GRANT, SEOG, WORK STUDY FUNDS, TEACHER EDUCATION GRANTS/LOANS, AND DIRECT LOANS. true EUROPE & UK 4 6 PROGRAM SERVICES EDUCATIONAL 662516 NORTH AMERICA 1 7 PROGRAM SERVICES EDUCATIONAL 144163 5 13 5 13 806679 806679 false false false false false false SCHEDULE F, PAGE 1, PART I, LINE 2 CENTRAL COLLEGE EMPLOYEES REVIEW COMPLIANCE FOR ALL EXPENDITURES MADE OUTSIDE THE UNITED STATES. SCHEDULE F, PAGE 1, PART I, LINE 3 EUROPE & UK 662,516 0 NORTH AMERICA 144,163 0 SCHEDULE F, PAGE 5, PART V CENTRAL COLLEGE BEGAN THE PROCESS OF CLOSING ALL FOREIGN PROGRAMS IN FISCAL YEAR 2021. THE COLLEGE ANTICIPATES THAT ALL FOREIGN OFFICES WILL BE CLOSED BY THE COMPLETION OF THE FISCAL YEAR 2022. THE COLLEGE ALSO DOES NOT ANTICIPATE RE-OPENING ANY FOREIGN OFFICES. THE INTERNATIONAL COMPONENT OF ACADEMIC PROGRAMMING WILL BE MAINTAINED THROUGH PARTNERS WHO FACILITATE THE INTERNATIONAL EXPERIENCE. true INSTITUTIONAL AID 1015 4635300 ENDOWED SCHOLARSHIPS 756 1571352 SCHEDULE I, PAGE 1, PART I, LINE 2 CENTRAL COLLEGE EMPLOYEES REVIEW COMPLIANCE FOR ALL FEDERAL, STATE, AND PRIVATE GRANTS RECEIVED. IN ADDITION, CENTRAL COLLEGE PARTICIPATES IN AN A-133 AUDIT ON AN ANNUAL BASIS FROM OUR EXTERNAL AUDIT FIRM. SCHEDULE I, PAGE 4, PART IV PART III, LINE 1 - INSTITUTIONAL AID THE CENTRAL COLLEGE BOARD OF TURSTEES APPROVED A REDUCTION OF TUITION FEES FOR THE 20-21 FISCAL YEAR. THE COLLEGE LOWERED ITS TUITION PRICE FROM 38,600 IN FISCAL YEAR 2020 TO 18,600 IN FISCAL YEAR 2021. AS A RESULT, THE COLLEGE HAD A SIGNIFICANT REDUCTION IN INSTITUTIONAL AID FOR FISCAL YEAR 2021. X X X true true false false false false false false false false false MARK PUTNAM - PRESIDENT PRESIDENT 263129 4590 27540 19940 315199 MARY STREY VP ACADEMICS 193456 630 20790 21118 235994 THOMAS JOHNSON VP FINANCE & TREAS 169441 20130 20138 20104 229813 CAROL WILLIAMSON VP ENROLLMENT 149982 528 15760 26374 192644 SUNNY EIGHMY VP DEVELOPMENT 137407 491 14200 11012 163110 SCHEDULE J, PART III CENTRAL COLLEGE OWNED PROPERTY IS PROVIDED TO THE PRESIDENT. THE PROPERTY IS USED FOR MANY COLLEGE FUNCTIONS, MEALS, AND RECEPTIONS INVOLVING FACULTY, STAFF, STUDENTS, DONORS, AND THE GENERAL PUBLIC THROUGHOUT THE YEAR. THERE IS NO PRIVATE RESIDENCE FOR THE FAMILY AS PART OF A CONTRACTUAL AGREEMENT. THE PRESIDENT IS REQUIRED TO LIVE ON THE PROPERTY AND HOST EVENTS LISTED ABOVE. SOCIAL CLUB DUES ARE PAID BY THE COLLEGE AND ARE USED FOR BUSINESS PURPOSES ONLY. THE PRESIDENT MEETS MONTHLY WITH THE DES MOINES AREA PARTNERSHIP ORGANIZATION AND DONORS IN THE AREA. TRAVEL FOR COMPANIONS: THE PRSIDENT'S WIFE TRAVELS ON BONA FIDE BUSINESS TRIPS ONLY FOR REQUIRED CONFERENCES AND MEETINGS WITH DONORS. DEPENDENT WAIVER 10550 NONCASH TUITION WAIVER X 21 2781832 X 1 217000 false true true SCHEDULE M, PAGE 1, PART I, LINE 32B CENTRAL COLLEGE USES US BANCORP TO PROCESS AND SELL DONATED SECURITIES. DONORS TRANSFER SECURITIES TO CENTRAL'S BROKERAGE ACCOUNT. SECURITIES ARE THEN SOLD IMMEDIATELY PER BOARD POLICY AND FUNDS ARE DEPOSITED INTO THE COLLEGE'S CHECKING ACCOUNT AT US BANK. FORM 990 - ORGANIZATION'S MISSION CENTRAL COLLEGE IS A RESIDENTIAL LIBERAL ARTS COLLEGE DEDICATED TO HELPING STUDENTS DISCOVER AND DEVELOP THEIR GREATEST POTENTIAL. GUIDED BY ITS ECUMENICAL CHRISTIAN TRADITION, THE COLLEGE COMMUNITY ENGAGES IN VIGOROUS, OPEN INQUIRY IN PURSUIT OF ACADEMIC EXCELLENCE. THE COLLEGE NURTURES THE DEVELOPMENT OF THE MIND, WHILE FOSTERING SPIRITUAL AND EMOTIONAL MATURITY AND PHYSICAL WELL-BEING. CENTRAL INTEGRATES CAREER PREPARATION WITH THE DEVELOPMENT OF VALUES ESSENTIAL TO RESPONSIBLE CITIZENSHIP, EMPOWERING GRADUATES FOR EFFECTIVE SERVICE IN LOCAL, NATIONAL, AND INTERNATIONAL COMMUNITIES. FORM 990, PAGE 2, PART III, LINE 4D GOVERNMENT-SPONSORED TRIO PROGRAMS - EXPENSES OF FEDERAL GRANT PROGRAM FORM 990, PART V, LINE 4B SPAIN, AUSTRIA, MEXICO, GREAT BRITAIN (UK) FORM 990, PAGE 6, PART VI, LINE 9 CHARLES MORRIS 812 UNIVERSITY PELLA, IA 50219 FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE GOVERNANCE BOARD OF THE COLLEGE BEFORE FILING. FORM 990, PAGE 6, PART VI, LINE 12C CONFLICT OF INTEREST DOCUMENT IS COMPLETED EACH YEAR AND MONITORED BY THE TREASURER'S OFFICE. FORM 990, PAGE 6, PART VI, LINE 15A PRESIDENT'S SALARY IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES COMPENSATION COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 15B SALARIES OF KEY EMPLOYEES AND OFFICERS ARE APPROVED BY DIRECT REPORTS. ALL SALARIES ARE MONITORED BY THE BUSINESS OFFICE MONTHLY. FORM 990, PAGE 6, PART VI, LINE 19 AVAILABLE UPON REQUEST FORM 990, PART VIII PROGRAM SERVICE REVENUE THE COLLEGE BOARD OF TRUSTESS APPROVED A REDUCTION IN TUITION PRICE FROM 38,600 IN FISCAL YEAR 2020 TO 18,600 IN FISCAL YEAR 2021. THIS RESULTED IN A SIGNIFICANT REDUCTION IN THE TOTAL PROGRAM SERVICE REVENUE REPORTED. THIS REDUCTION WAS OFFSET BY A SIGNIFICANT DECREASE IN THE INSTITUTIONAL AID AWARDED BY THE COLLEGE. FORM 990, PART XI, LINE 9 RENTAL EXPENSES 58,045 FINANCIAL AID -6,206,652 RENTAL EXPENSES -58,045 FINANCIAL AID 6,206,652