2022-04-14T06:14:49-05:00 2021-05-31 363990892 Capin Crouse LLP 55 Shuman Blvd Suite 300 Naperville IL 60563 990 2020-06-01 362515868 Judson University A Baptist Institution JUDS 8476282500 1151 N State Street Elgin IL 60123 Sarah Taylor VP of Business Affairs 8476282500 2022-04-14 1 Sarah Taylor 999009999 Ted R Batson Jr P00721951 5055022746 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Dr Gene C Crume 1151 N State Street Elgin IL 60123 35585336 0 X www.judsonu.edu X 1963 IL Four year private, Christian liberal arts university 21 21 666 300 0 0 4147702 7330195 28810509 27098482 160569 98201 0 0 33118780 34526878 12831956 12266604 0 0 10269494 10627552 0 0 431271 10923353 10926817 34024803 33820973 -906023 705905 46621732 48931483 15287051 15144363 31334681 33787120 X Judson is an evangelical Christian university that represents the Church at work in higher education, equipping students to be fully developed, responsible persons who glorify God by the quality of their relationships, work, and citizenship in the community, nation, and the world. Through a broadly based education in the liberal arts, sciences, and professions, the university enables its students to acquire ideas and concepts that sharpen their insights, develop skills appropriate to their career goals, and develop the skills and commitment for lifelong learning. The Judson community experience challenges graduates to be decisive leaders and active participants in church and society, articulate proponents of Biblical Christianity, persuasive advocates for the sovereignty of God over all life, and effective ambassadors for Christ. 0 0 25635057 12266604 20854925 Liberal Arts Instruction - Provided instruction and related services to 1,174 students consisting of 672 students in the traditional liberal arts program, 14 in the post-bachelor of arts program, 148 in the masters' programs, 69 in the doctorate programs. 2481406 3830830 Housing and food service - Provided housing and related services to approximately 67% of the above traditional students. 1062614 2412727 Adult Continuing Education - Provided instruction and related services to 271 students. 29179077 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1639 0 1 666 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X Sarah Taylor 8476282500 1151 N State Street Elgin IL 60123 Dr Darryl Jenkins Chair 1.00 X X 0 0 0 Mr Bruce Strom Vice Chair 1.00 X X 0 0 0 Mrs Cynthia Hoag Secretary 1.00 X X 0 0 0 Mr Dennis Demoss Treasurer 1.00 X X 0 0 0 Mrs Linda Colson Trustee - Immediate Past Chair 1.00 X 0 0 0 Mrs Laura Gutting Trustee 1.00 X 0 0 0 Mr Ben Glunz Trustee 1.00 X 0 0 0 Mr Harold Booze Trustee 1.00 X 0 0 0 Mr Shawn Flynn Trustee 1.00 X 0 0 0 Rev Dr Randy Gauger Trustee 1.00 X 0 0 0 Dr Adam Mackintosh Trustee 1.00 X 0 0 0 Dr Brett Smith Trustee 1.00 X 0 0 0 Mr Kevin Smith Trustee 1.00 X 0 0 0 Mrs Fran Street Trustee 1.00 X 0 0 0 Mrs Sharon Koh Trustee 1.00 X 0 0 0 Mr Abi Raices Trustee 1.00 X 0 0 0 Mr Chuck Moore Trustee 1.00 X 0 0 0 Mrs Connie Rogers Trustee 1.00 X 0 0 0 Mrs Charlotte Canning Trustee 1.00 X 0 0 0 Mrs Tracy Evans-Land Trustee 1.00 X 0 0 0 Bishop Dr Michael Love Trustee 1.00 X 0 0 0 Dr Larry Drake Trustee (part year) 1.00 X 0 0 0 Mr Brett Lundstrom Trustee (part year) 1.00 X 0 0 0 Dr Rob McCleland Trustee (part year) 1.00 X 0 0 0 Dr Gene Crume President 40.00 X 205936 0 22373 Dr Gillian Stewart - Wells Provost 40.00 X 170294 0 0 Dr Nikki Fenneren Executive Vice President 40.00 X 109254 0 35544 Sarah Taylor VP of Business Affairs 40.00 X 96753 0 8540 582237 0 66457 3 0 1 0 Fresh Ideas Food Service 1000 W Nifong Bvld Columbia MO 65203 Food Service 1345468 National Management Resources PO Box 1224 LaGrange GA 30241 Plant Maintenance 956561 TIAA-CREF 8907 Timbers Pointe Dr Tinley Park IL 60477 Retirement Trustee 246252 Collegiate Enterprise Solutions 3 Centennial Drive Peabody MA 01960 Outsourcing services 133000 AESU Travel 3922 Hickory Ave Baltimore MD 21211 Travel services 113459 9 2843695 4486500 42446 7330195 Liberal Arts Instr. 900099 20398435 20398435 Housing/Food Services 900099 3830830 3830830 Adult Continuing Edu. 900099 2412727 2412727 456490 456490 27098482 101628 101628 1055031 1055031 3427 0 -3427 -3427 -3427 34526878 27098482 0 98201 47081 47081 12219523 12219523 676039 171941 482398 21700 8614275 7728259 886016 678034 576329 101705 659204 560324 98880 58158 51940 6218 87336 87336 56128 56128 945510 928864 16646 631282 221711 409571 184734 119244 65490 268272 40143 228129 2475361 1511702 963659 297673 280548 17125 9803 9803 541078 528005 13073 1782768 1747113 35655 562994 68049 494945 Food service 1346667 1340920 5747 R&M equipment 290516 278895 11621 Recruitment 104596 104596 1283941 644087 639854 33820973 29179077 4210625 431271 877580 1748911 618869 780894 262643 1818161 1362922 968299 19943 28020 41595 33832 72118170 37078860 36652235 35039310 3762371 5120107 2147005 2667236 876569 726713 46621732 48931483 2474453 3128718 977185 1551190 5314497 4661511 9543717 680396 1179009 920738 15287051 15144363 X 18736619 17481774 12598062 16305346 31334681 33787120 46621732 48931483 705905 1746534 0 X 0 1 X 1 1 1 X 2188849 2119548 1597305 4147702 7330195 17383599 2188849 2119548 1597305 4147702 7330195 17383599 1364632 16018967 182572 176312 181108 160569 101628 802189 25485 19288 44773 18230561 147265361 0.87870 0.82650 X Schedule A, Part II, Line 10, Explanation of Other Income: Special Events - 2016 Amount: $ 11,440. Miscellaneous Income - 2016 Amount: $ 14,045. 2017 Amount: $ 19,288. Schedule A, Part II: The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and qualifies to use the first listed special rule for Schedule B reporting. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 156376 X X X 0 0 0 10464689 1211048 1615785 895107 12396415 10942907 278120 -16138 740200 10464689 11652279 116055 99078 924505 10942907 11681954 133133 668263 831071 11652279 11248050 300268 1085102 951466 11681954 0.05564 0.94436 0 0 1016490 1016490 61702395 28969572 32732823 7395316 6138409 1256907 2003969 1970879 33090 35039310 Cash surrender value of life insurance 265954 C Real estate 5580 C Corporate bonds 1903809 C Foreign bonds 241823 C Government bonds 250070 C 2667236 Refundable loan program 766064 Refundable deposits 75683 Annuities payable 78991 920738 X Part III, Line 4: Judson University houses collections of art from many sources such as donors, members of staff and faculty, and original work by family members of past officers. Some artwork provides a historical reference to our founders and enhances our unique campus culture. The artwork on display provides examples of different media and applications of art that serve to further the educational experience of our students and helps to initiate an understanding of the relationship of art and design to man's creative faith-life as a creature "bearing God's image and as a community member. Part V, Line 4: The University's endowment consists of approximately 186 individual funds established primarily for scholarship purposes. Part X, Line 2: The effects of a tax position taken or expected to be taken are recognized in the consolidated financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the consolidated statements of activities. As of May 31, 2021 and 2020, the University had no uncertain tax positions that qualify for recognition or disclosure in the consolidated financial statements. The University files information tax returns in the U.S. and Illinois. The University is generally no longer subject to U.S. federal and state income tax examinations by tax authorities for years before 2017. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The organization currently enrolls students of racial minority groups in meaningful numbers consistent with the publicity exception found in Rev. Proc. 75-50 section 4.03(2)(b). Schedule E, Part I, Line 6 The University received the following types of government financial assistance: Pell Grant, S E O G, Federal Work Study, Ford Loan Program, and MAP Grants. The University also received financial assistance from the Higher Education Emergency Relief Funds (HEERF) and the Paycheck Protection Program as part of the CARES Act. 1 World Leaders Forum 1151 N State Street Elgin IL 60123 473666460 501(c)(3) 36990 General support Del Camino Connection PO Box 450 Wheaton IL 60187 571205133 501(c)(3) 7500 General support 2 0 Scholarships 720 11563981 HEERF Grants 375 655542 Part I, Line 2: Funds are given and monitored by the mission trip teams that are sent to work with Del Camino each year. The funds are specifically used for the work done during the mission trips. The University's Admissions team monitors the use of funds. World Leaders Forum is an affiliated organization and shares information regarding finances, operations, etc. to support use of the grant funds. Grants and aid given to students are tracked in the accounting system in a temporarily restricted fund or reimbursed according to a qualified reimbursement policy. An audit of funds granted is conducted when deemed necessary. Grants and aid are applied directly to student accounts. X 1 1 X X X 0 0 0 0 0 0 0 0 0 Dr Gene Crume President 205678 0 0 0 258 0 0 0 22839 0 228775 0 0 0 Dr Gillian Stewart - Wells Provost 170233 0 0 0 61 0 0 0 467 0 170761 0 0 0 Part I, Line 1a As a condition of employment, and as a convenience to the University, the Executive Vice President was provided with housing. The home is provided as a non-taxable benefit under IRC Section 119. A City of Elgin Kane and Cook Counties IL 366005862 2014-05-08 7295000 Refund 2006 bond/change trustees 0 0 0 A 2205000 7295000 7295000 2007 1 0 1 1 A 0 0 1 1 0 0.00100 0.00100 0 0 1 A 0 1 0 0 1 0 0 0 1 A 1 X 4 42446 Selling Price 0 0 1 0 Form 990, Part VI, Section A, line 1 The Executive Committee is composed of the Chair, Vice Chair, Secretary, Treasurer, the Chairs of the standing committees, and two at-large trustees. The Executive Committee has full authority of the board except that the Committee may not hire or remove the President nor make changes to Bylaws or the Board Policy Manual. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent CPA firm and submitted for detail review to the VP of Business Affairs and the Business Affairs Committee prior to filing. It was also provided to the entire board of trustees prior to filing with the IRS. Form 990, Part VI, Section B, line 12c Officers, trustees, and key employees of Judson University are required to complete a conflict of interest/related party questionnaire each year. The VP of Business Affairs reviews the signed statements and the President reviews the VP of Business Affairs' statement. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15 The Board reviews the compensation for the President and other officers on an annual basis. Comparable data is used and the process is documented in the board minutes. Form 990, Part VI, Section C, line 19 The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.