2022-04-26T14:11:42-05:00 2021-06-30 135565207 KPMG LLP 4200 WELLS FARGO CTR 90 S 7TH MINNEAPOLIS MN 55402 990 2020-07-01 470376525 HASTINGS COLLEGE HAST 4024632402 710 N TURNER AVE HASTINGS NE 689017696 STEPHANIE OURADA CFO 4024632402 2022-04-26 1 STEPHANIE OURADA 999009999 HOLLY K MOEN P01800653 6123055000 2022-04-25 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z GARY FREEMAN 710 N TURNER AVE HASTINGS NE 689017696 47414453 0 X WWW.HASTINGS.EDU X 1882 NE HASTINGS COLLEGE IS A PRIVATE, CO-EDUCATION, RESIDENTIAL, LIBERAL ARTS COLLEGE FOUNDED IN 1882. 20 20 666 40 0 0 5290998 8590656 34904240 36114876 2905864 2069044 348442 258427 43449544 47033003 19788874 20954028 0 0 13771504 12140346 0 0 1156366 16453812 14140324 50014190 47234698 -6564646 -201695 143485643 158855744 36004092 33150365 107481551 125705379 X HASTINGS COLLEGE IS A PRIVATE, CO-EDUCATION, RESIDENTIAL, LIBERAL ARTS COLLEGE FOUNDED IN 1882. 0 0 44772221 20954028 36361198 SEE SCHEDULE OFOUNDED IN 1882, HASTINGS COLLEGE IS A FOUR-YEAR, PRIVATE, LIBERAL ARTS COLLEGE IN HASTINGS, NEBRASKA. THE COLLEGE SITS ON 120 ACRES WITH MORE THAN 40 ACADEMIC, RESIDENTIAL, AND ATHLETIC BUILDINGS; ENROLLS NEARLY 1,000 STUDENTS FROM 39 STATES AND 20 FOREIGN COUNTRIES; AND IS FULLY ACCREDITED BY THE HIGHER LEARNING COMMISSION. HASTINGS COLLEGE STRIVES TO PROVIDE THE HIGHEST QUALITY LIBERAL ARTS EDUCATION FOR ITS STUDENTS WHILE SERVING AS AN IMPORTANT EDUCATIONAL AND CULTURAL CENTER FOR THE HASTINGS COMMUNITY AND SOUTH CENTRAL NEBRASKA. ITS MISSION IS AS FOLLOWS: "DRAWING INSPIRATION FROM OUR GREAT PLAINS HOME, OUR PRESBYTERIAN HERITAGE, AND OUR LIBERAL ARTS HISTORY, HASTINGS COLLEGE WILL GRADUATE CREATIVE, CURIOUS, AND CARING STUDENTS EQUIPPED THROUGH EXCEPTIONAL TEACHING AND DELIBERATE MENTORING TO THRIVE AS CITIZENS OF THEIR LOCAL AND GLOBAL COMMUNITIES."HASTINGS COLLEGE OFFERS MORE THAN 40 ACADEMIC MAJORS AND 14 PRE-PROFESSIONAL PROGRAMS AND BESTOWS BACHELOR OF ARTS, BACHELOR OF MUSIC, AND MASTER OF ARTS IN TEACHING DEGREES. THE TOP PRIMARY MAJORS OF FULL-TIME STUDENTS, THIS YEAR, ARE BUSINESS ADMINISTRATION, EXERCISE SCIENCE, PSYCHOLOGY, ELEMENTARY EDUCATION, AND BIOLOGY.WITH A STUDENT-TO-FACULTY RATIO OF 13-TO-1, HASTINGS COLLEGE OFFERS ITS STUDENTS PERSONALIZED CONTACT WITH DEDICATED PROFESSORS FROM SOME OF THE NATION'S TOP GRADUATE PROGRAMS, INCLUDING NOTRE DAME, YALE, AND CORNELL. MORE THAN 86 PERCENT OF FULL-TIME FACULTY HAVE A DOCTORATE OR OTHER TERMINAL DEGREE.IN 2019, THE COLLEGE TRANSITIONED TO A MODIFIED BLOCK SCHEDULE TO PROVIDE MORE INTENSIVE LEARNING INTERACTIONS BETWEEN STUDENTS AND FACULTY. EACH SEMESTER, STUDENTS TAKE TWO SEVEN-WEEK BLOCKS AND ONE TWO-WEEK BLOCK. IN A TWO-WEEK BLOCK, STUDENTS ENROLL IN ONE COURSE; IN A SEVEN-WEEK BLOCK, THEY ENROLL IN TWO COURSES. GRADUATION REQUIREMENTS INCLUDE COMPLETION OF 120 HOURS OF CREDITS.IN 2020, HASTINGS COLLEGE AND BRYAN COLLEGE OF HEALTH SCIENCES IN LINCOLN, NEB., ANNOUNCED A UNIQUE LEADERSHIP ARRANGEMENT WHEREBY DR. RICH LLOYD JOINED HASTINGS COLLEGE AS EXECUTIVE PRESIDENT WHILE REMAINING PRESIDENT OF BRYAN COLLEGE, WHERE HE HAS SERVED SINCE 2016. HASTINGS COLLEGE'S SHARED PRESIDENTIAL LEADERSHIP ANNOUNCEMENT COINCIDED WITH PLANS FOR A HEALTH CARE EDUCATION AND WORKFORCE DEVELOPMENT PARTNERSHIP COMMENCING IN FALL 2022 WITH A BACHELOR OF SCIENCE IN NURSING PROGRAM IN HASTINGS, A SECOND INSTRUCTIONAL SITE FOR BRYAN COLLEGE OF HEALTH SCIENCES' CURRENT BSN PROGRAM IN LINCOLN. STUDENTS WILL LIVE IN HASTINGS COLLEGE RESIDENCE HALLS AND TAKE SCIENCE AND GENERAL EDUCATION COURSES ON CAMPUS. IN THE SECOND THROUGH FOURTH YEARS, THEY WILL COMPLETE NURSING COURSES AND CLINICALS WITH BRYAN FACULTY IN EDUCATIONAL FACILITIES AT A NEW MARY LANNING HEALTHCARE MEDICAL OFFICE BUILDING. IN 2021, A FACULTY, STAFF, AND STUDENT TASK FORCE DEVELOPED HASTINGS COLLEGE'S FIRST-EVER DIVERSITY STRATEGIC PLAN FOCUSED ON CREATING A MORE DIVERSE, EQUITABLE, AND INCLUSIVE CAMPUS COMMUNITY. IN 2021, HASTINGS COLLEGE, THE UNIVERSITY OF NEBRASKA AT OMAHA, AND THE UNIVERSITY OF NEBRASKA MEDICAL CENTER ANNOUNCED AN ACADEMIC PARTNERSHIP THAT PROVIDES ADDITIONAL EDUCATIONAL OPPORTUNITIES AT UNO AND UNMC FOR HASTINGS STUDENTS WHO CAN REGISTER FOR REMOTE AND ONLINE UPPER DIVISION COURSES AT UNO AND SOME AREAS OF UNMC WHILE CONTINUING THEIR PROGRAMS AT HASTINGS.HASTINGS COLLEGE IS DEEPLY ENTRENCHED IN THE LOCAL COMMUNITY AND HIGHLY REGARDED FOR ITS EDUCATIONAL AND CULTURAL PROGRAMS, MANY OF WHICH ARE FREE AND OPEN TO THE PUBLIC. THESE INCLUDE GUEST LECTURES AND SYMPOSIA, CONCERTS AND RECITALS, ART EXHIBITS, AND THEATER PRODUCTIONS. STUDENTS, FACULTY, AND STAFF ARE ACTIVE IN THE COMMUNITY AS CIVIC LEADERS AND VOLUNTEERS. IN RECOGNITION OF STUDENTS' COMMUNITY SERVICE, HASTINGS COLLEGE IN 2019 BEGAN OFFERING A SERVICE LEARNING CERTIFICATE FOR STUDENTS WISHING TO ALIGN THEIR SERVICE WORK WITH ACADEMIC REFLECTION AND INTELLECTUAL INQUIRY. 44772221 1 1 0 0 0 0 1 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 59 0 1 666 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 20 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X STEPHANIE OURADA 4024617300 710 N TURNER AVE HASTINGS NE 689017621 ROGER DOERR BOARD CHAIR 3.00 1.00 X X 0 0 0 RICH KOOPMANN BOARD SECRETARY 1.00 0.00 X X 0 0 0 JOHN DEBOER BOARD VICE CHAIR 1.00 0.00 X X 0 0 0 CARMEN MAURER TRUSTEE 1.00 0.00 X 0 0 0 CALVIN JOHNSON TRUSTEE THRU OCTOBER 2020 1.00 0.00 X 0 0 0 GLEN MOSS TRUSTEE 1.00 1.00 X 0 0 0 BRUCE GULLIVER TRUSTEE 1.00 0.00 X 0 0 0 HAROLD DITTMER TRUSTEE 1.00 1.00 X 0 0 0 JESSICA MEESKE TRUSTEE 1.00 0.00 X 0 0 0 JUSTIN OSBORNE TRUSTEE 1.00 0.00 X 0 0 0 KIM DINSDALE TRUSTEE 1.00 3.00 X 0 0 0 GREG ALLEN-PICKETT TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL MOODY TRUSTEE 1.00 0.00 X 0 0 0 ANN MARTIN TRUSTEE 1.00 0.00 X 0 0 0 VINCE COOK TRUSTEE 1.00 0.00 X 0 0 0 RICHARD LOUTZENHEISER TRUSTEE 1.00 0.00 X 0 0 0 MARCY LUTH TRUSTEE 1.00 1.00 X 0 0 0 ROBERT UNGER TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM BARRETT TRUSTEE 1.00 1.00 X 0 0 0 PAUL KRIEGER TRUSTEE 1.00 0.00 X 0 0 0 SCOTT DEBOER TRUSTEE 1.00 0.00 X 0 0 0 GARY FREEMAN EXECUTIVE DIRECTOR 10.00 30.00 X 206356 0 33953 SUSAN MEESKE VP OF ENROLLMENT 40.00 0.00 X 133166 0 33201 BARBARA SUNDERMAN VP OF ACADEMIC AFFAIRS 40.00 0.00 X 131816 0 14926 STEPHANIE OURADA VP - FINANCE / CFO 39.00 1.00 X 130926 0 5215 HILLARY WATTER FACULTY PROFESSOR THRU AUGUST 2020 40.00 0.00 X 133461 0 8576 SABINA PAVLOVSKA-HILAIEL ADJUNCT PROFESSOR THRU DECEMBER 2020 40.00 0.00 X 116614 0 2430 TRAVIS FEEZELL PRESIDENT THRU MAY 2020 0.00 0.00 X 130097 0 18175 982436 0 116476 9 1 1 0 NATIONAL MANAGEMENT RESOURCES CORP PO BOX 1224 LAGRANGE GA 30241 CUSTODIAL/MAINT 1571426 FRESH IDEAS FOOD SERVICE MANAGEMENT 3220 VANDIVER DR COLUMBIA MO 65202 FOOD SERVICE 1121534 RUTT'S HEATING & AIR CONDITIONING 1001 WEST 1ST STREET HASTINGS NE 68901 HVAC MAINTENANCE 159199 MARY LANNING HEALTHCARE - LIVE ATTN TRACEY KARR HASTINGS NE 68901 ATHLETIC TRAINER 156098 MARATHON PRESS 1500 SQUARE TURN BLVD NORFOLK NE 68701 PRINTING/POSTAGE 119695 6 2341531 6249125 310078 8590656 TUITION AND FEES 611310 30213759 30213759 SALES AND SERVICES OF 611310 5901117 5901117 36114876 2096715 2096715 54634 42529 12105 12105 12105 311250 338921 -27671 -27671 -27671 OTHER REVENUE 900099 246322 246322 246322 47033003 36361198 0 2081149 20954028 20954028 732361 131816 394189 206356 9782855 8894732 319508 568615 275616 231188 21734 22694 671215 608364 35867 26984 678299 580757 48357 49185 30067 21908 8159 73164 73164 244150 233464 10686 303623 285396 100 18127 1705193 1620434 5482 79277 187189 181171 6000 18 1420470 1396166 722 23582 529567 492905 3503 33159 88303 84923 3221 159 724416 724416 3114538 3114538 546943 546943 CONTRACT SERVICES 3293123 2872474 321649 99000 CONTRACT FOOD SERVICE 1046172 1046172 DUES AND SUBS 234530 155945 52365 26220 ADJ OF ACTUAL LIAB 219212 219212 379664 375269 1405 2990 47234698 44772221 1306111 1156366 0 0 1611233 3475982 0 325000 84699 516649 0 0 0 0 0 0 393466 389860 0 0 97582918 43527134 56066510 54055784 83916545 98561949 0 0 0 0 0 0 1413900 1530520 143485643 158855744 2343841 3250773 0 0 107535 294193 6163224 0 0 0 0 0 23155045 25225406 0 0 4234447 4379993 36004092 33150365 X 33743333 38389435 73738218 87315944 107481551 125705379 143485643 158855744 -201695 18425523 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 1 1 0 1 98322617 2393549 19847781 7489015 113074932 101297743 936354 527534 4439014 98322617 100284262 2469683 4111313 5567515 101297743 98159961 942446 5221820 4039965 100284262 86835363 9259657 6110743 4045802 98159961 0.27340 0.54316 0.18344 0 0 4903977 2088964 6992941 68869800 28731331 40138469 5613748 2753830 2859918 15365884 12041973 3323911 740545 740545 54055784 US GOVT STUDENT LOANS 558368 ANNUITIES PAYABLE 1826985 ASSET RETIREMENT OBLIGATION 1386738 CUSTODIAL FUNDS 607902 4379993 X PART II, LINE 9: CONSERVATION EASEMENTS THIS RELATES TO A HISTORIC CLASSROOM THAT IS CURRENTLY BEING USED AND BEING REPORTED ON THE BALANCE SHEET. CURRENTLY THERE ARE NO PRESERVATION OR RESTORATION ACTIVITIES RELATED TO THE CLASSROOM. PART V, LINE 4: ENDOWMENT FUNDS ARE ALL USED FOR THE COLLEGE'S EXEMPT PURPOSE, INCLUDING SCHOLARSHIPS TO STUDENTS, SALARIES FOR ENDOWED DEPARTMENT CHAIRS, MAINTENANCE OF CLASSROOM BUILDINGS, THE LIBRARY AND EQUIPMENT. IN PRIOR YEARS, ONLY PERMANENTLY RESTRICTED ENDOWMENT FUNDS WERE REPORTED IN SCHEDULE D, PART V. IN THE CURRENT YEAR, THE COLLEGE'S ENTIRE ENDOWMENT NET ASSETS WERE REPORTED, INCLUDING BOARD DESIGNATED AND TERM ENDOWMENT FUNDS. THIS IS WHY THE PRIOR YEAR (COLUMN B) END OF YEAR BALANCE DOES NOT AGREE TO THE CURRENT YEAR (COLUMN A) BEGINNING OF YEAR BALANCE. PART X, LINE 2: FIN 48 FOOTNOTE THE COLLEGE'S OPERATIONS ARE TAX EXEMPT UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE, AND ACCORDINGLY, THE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES. THE COLLEGE ACCOUNTS FOR UNCERTAINTIES IN ACCOUNTING FOR INCOME TAX ASSETS AND LIABILITIES USING THE GUIDANCE INCLUDED IN FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, INCOME TAXES. THE COLLEGE RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. DURING THE YEARS ENDED JUNE 30, 2021 AND 2020, THE COLLEGE DID NOT RECORD ANY AMOUNTS RELATED TO UNCERTAIN TAX POSITIONS OR ANY ACCRUED INTEREST AND PENALTIES. 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 NONDISCRIMINATORY POLICY IS MADE KNOWN THROUGH VARIOUS HASTINGS COLLEGE PUBLICATIONS READ PRIMARILY BY STUDENTS AND OTHER COLLEGE PERSONNEL. THE POLICY IS NOTED IN THE ADMISSIONS CATALOG AND THE COLLEGE HAS USED THE HASTINGS DAILY TRIBUNE, WHICH IS THE LOCAL DAILY NEWSPAPER. THE COLLEGE ATTEMPTS THROUGH OTHER NEWS MEDIA TO MAKE THIS KNOWN, BUT THE ONES LISTED ABOVE ARE THE MOST COMMONLY USED. SCHEDULE E, PART I, LINE 6 GOVERNMENT GRANTS INCLUDE STATE AND FEDERAL GRANTS AWARDED TO STUDENTS WITH FINANCIAL NEED INCLUDING THE COLLEGE WORK-STUDY PROGRAM. THESE GRANT DOLLARS ARE AWARDED DIRECTLY TO QUALIFYING STUDENTS. IN ADDITION, HASTINGS COLLEGE RECEIVED FUNDING FROM THE HIGHER EDUCATION EMERGENCY RELIEF FUND (HEERF), WHICH A PORTION OF THE GRANT FUNDING WAS AWARDED DIRECTLY TO STUDENTS AS AID. 1 0 0 SCHOLARSHIPS 1003 20954028 FMV CASH N/A PART I, LINE 2: MONITORING USE OF FUNDS THE ONLY GRANTS MADE ARE TO THE STUDENTS OF HASTINGS COLLEGE IN THE FORM OF SCHOLARSHIPS TO ASSIST IN PAYING FOR EDUCATION. GRANTS WERE AS FOLLOWS: INSTITUTIONAL AID $15,039,977 STATE AID $288,696 PRIVATE SCHOLARSHIPS $5,094,755 HEERF FUNDING $530,600 TOTAL $20,954,428 X X 0 1 X X 1 0 0 0 0 0 0 0 0 GARY FREEMAN EXECUTIVE DIRECTOR 155436 0 50000 0 920 0 6794 0 27159 0 240309 0 0 0 SUSAN MEESKE VP OF ENROLLMENT 133166 0 0 0 0 0 6042 0 27159 0 166367 0 0 0 TRAVIS FEEZELL PRESIDENT THRU MAY 2020 105579 0 0 0 24518 0 6752 0 11423 0 148272 0 0 0 PART I, LINE 1B SOCIAL CLUB MEMBERSHIP HASTINGS COLLEGE PAYS FOR THE PRESIDENT'S SOCIAL MEMBERSHIP AT THE LOCAL COUNTRY CLUB. THE SOCIAL FEE IS MINIMAL AND ONLY BUSINESS RELATED EXPENSES ARE REIMBURSABLE. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE AS A CONDITION OF HIS EMPLOYMENT, THE COLLEGE'S PRESIDENT WAS PROVIDED HOUSING CONTIGUOUS TO CAMPUS. THE PRESIDENT HOSTS COLLEGE EVENTS AT THE RESIDENCE. THE HOUSING IS FURNISHED FOR THE CONVENIENCE OF THE COLLEGE AND IS THEREFORE NOT INCLUDED IN HIS TAXABLE COMPENSATION. THE RESIDENCE IS OWNED AND MAINTAINED BY THE COLLEGE. CLEANING, MAINTENANCE, AND GROUNDS KEEPING SERVICES ARE PROVIDED BY THE COLLEGE FOR PUBLIC AREAS OF THE RESIDENCE ONLY. PART I, LINE 4A HILARY WATTER $84,876 SABINA PAVLOVSKA-HILAIEL $53,504 X 1185 314219 FMV X OTHER 7 1615 0 0 1 1 PART I, LINE 32B: THIRD PARTIES A BROKER IS USED TO SELL GIFTS OF STOCK AND REAL ESTATE. PART-I LINE-(B) COLUMN B, LINE 9 REPRESENTS THE NUMBER OF SHARES CONTRIBUTED. COLUMN B, LINE 25 REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 2 SUSAN MEESKE AND JESSICA MEESKE - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF 990 BY GOVERNING BODY THE BOARD OF TRUSTEES NAMED A THREE PERSON SUBCOMMITTEE TO REVIEW THE FORM 990 WITH THE VP FOR FINANCE AND ADMINISTRATION IN DETAIL PRIOR TO THE APRIL BOARD OF TRUSTEE MEETING. A SUMMARY OF THIS REVIEW, ALONG WITH HIGHLIGHTS OF THE INFORMATION AND THE FORM 990 WILL BE PROVIDED AND DISCUSSED WITH THE FULL BOARD OF TRUSTEES AT THE APRIL 2022 MEETING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY HASTINGS COLLEGE ASKS FOR ANNUAL DISCLOSURE AND CROSS REFERENCES THE DISCLOSURE WITH KNOWN ACTIVITY. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION FOR KEY EMPLOYEES, INCLUDING THE COLLEGE PRESIDENT, HASTINGS COLLEGE UTILIZES PEER INSTITUTION'S SALARY DATA FROM GUIDESTAR FOR COMPARABILITY PURPOSES. COMPENSATION IS RECOMMENDED BY THE EXECUTIVE COMMITTEE OF THE BOARD AND IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES. DELIBERATION AND DECISION IS DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 AND GOVERNING DOCUMENTS THE FORM 990 IS AVAILABLE IN THE OFFICE OF THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION. THE FORM IS ALSO AVAILABLE ON GUIDESTAR WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 STATEMENTS MADE AVAILABLE TO THE PUBLIC HASTINGS COLLEGE DOES NOT MAKE THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. HASTINGS COLLEGE FOUNDATION 710 N TURNER AVE HASTINGS NE 68901 510247972 FOUNDATION NE 501(C)(3) 12-TYPE 1 HASTINGS COL 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 HASTINGS COLLEGE FOUNDATION N 774971 BOOK HASTINGS COLLEGE FOUNDATION O 381395 BOOK