2022-04-22T09:20:12-07:00 2021-06-30 990 2020-07-01 420698196 NORTHWESTERN COLLEGE NORT 7127077121 101 7th Street SW Orange City IA 51041 Kent Wiersema V.P. for Finance and Operations 7127077121 2022-04-22 1 11 0 AAL2 2020 2022-09-23 18:48:47Z Kent Wiersema 101 7th Street SW Orange City IA 51041 69425429 0 X www.nwciowa.edu X 1883 IA Institution of Higher Education providing postsecondary educational services, including both graduate and undergraduate programs. 28 20 1201 120 0 0 6519219 9037817 40589609 44416452 4015084 7950526 253866 2186233 51377778 63591028 18220456 18920068 0 0 19151490 18858581 0 0 1477928 12821710 13081870 50193656 50860519 1184122 12730509 150007512 171626178 11012131 8656768 138995381 162969410 Northwestern College is a Christian academic community engaging students in courageous and faithful learning and living that empowers them to follow Christ and pursue God's redeeming work in the world. 0 0 40356396 18920068 77347608 Higher Education: Providing educational opportunities & service to 1546 students, consisting of 1037 residential students and 509 online students, at less than the aggregated costs of those services. Making grants to faculty members to further their education and to students to defray tuition & fees and room & board costs. 4780672 0 8484317 Higher Education: Providing sales & services of auxiliary enterprises (room & board) to 786 students. Providing textbooks & sundry supplies to 1546 students. Both are essential components of the primary purpose of providing educational service. 0 0 0 None 0 0 0 45137068 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 0 1 0 1 0 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 2410 0 1 1201 1 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 X 28 20 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Kent Wiersema 7127077121 101 7th St SW Orange City IA 51041 Gregory Christy President 40 1 X 250021 0 0 Christy Hanson PA Program Director 40 0 X 145700 0 0 D Nathan Phinney VP of Academic Affairs 40 0 X 142623 0 0 Kent Wiersema VP of Finance and Operations 40 0 X 138918 0 0 Jay Wielenga Vice President for Advancement 40 0 X 114394 0 0 Jennifer Feenstra Faculty Representative 40 0 X 64890 0 0 Brad De Jong - ex officio Legal Counsel 2.0 0 X 0 0 0 Anita Bomgaars Board Member, Treasurer 1 0 X 0 0 0 Rev Timothy Breen Board Member 1 0 X 0 0 0 Albert Okine Board Member 1 0 X 0 0 0 Carl Wynja Board Member,Chairman 3 0 X 0 0 0 Dr Steve Locker Board Member 1 0 X 0 0 0 Tricia Vermeer Board Member, Vice Chairman 3 0 X 0 0 0 Darla Arends Board Member 1 0 X 0 0 0 Dr Rick Melmer Board Member 1 0 X 0 0 0 Randy Oostra Board Member 1 0 X 0 0 0 Drew Vogel Board Member 3 0 X 0 0 0 Bob Bouwer Board Member 1 0 X 0 0 0 Catherine Bloom Board Member 1 0 X 0 0 0 Rev Travis Else Board Member 1 0 X 0 0 0 Julie Henrich Board Member 1 0 X 0 0 0 Gary Malenke Board Member 1 0 X 0 0 0 Wade Schut Board Member 1 0 X 0 0 0 Mike Hardeman Board Member 1 0 X 0 0 0 Rev Van Rathbun Board Member 1 0 X 0 0 0 Wayne Van Heuvelen Board Member 1 0 X 0 0 0 Mark Van Holland Board Member 1 0 X 0 0 0 Bill Westrate Board Member 1 0 X 0 0 0 Eddy Aleman Board Member 1 0 X 0 0 0 Sherrie Barber Willson Board Member 1 0 X 0 0 0 Lori Scott Board Member 1 0 X 0 0 0 Dave Dunkelberger Board Member 1 0 X 0 0 0 Josiah Dunlap Board Member 1 0 X 0 0 0 Darren Kleis Board Member 1 0 X 0 0 0 856546 0 0 5 0 1 0 0 0 0 38070 0 1233250 7766497 0 9037817 Tuition and Fees 611310 35773778 35773778 0 0 Sales and Service 611310 240072 240072 0 0 Auxiliary Expenses 611310 8402602 8402602 0 0 0 0 0 0 44416452 3435437 0 0 3435437 0 0 0 0 0 0 0 0 86389 0 8522 0 77867 0 77867 0 0 77867 10065763 0 5550674 0 4515089 0 4515089 0 0 4515089 32680 38070 23446 9234 0 9234 0 0 0 0 0 0 333474 251759 81715 81715 0 0 Account Payable Discount 900099 28275 28275 0 0 Payroll Protection Forgiveness 522291 1950000 1950000 0 0 Other Revenues 900099 39142 39142 0 0 0 0 0 0 2017417 63591028 46515584 0 8037627 0 0 17998000 17998000 922068 922068 0 0 995185 683685 311500 0 0 0 0 0 14149408 11757993 1435460 955955 746595 613328 83395 49872 1959331 1613540 191443 154348 1008062 828123 112600 67339 0 0 0 0 17770 297 17473 0 158254 24729 111210 22315 0 0 0 0 0 0 263113 0 263113 0 0 0 0 0 584885 473268 32695 78922 762261 533677 185765 42819 351337 317686 18459 15192 0 0 0 0 1000628 383258 617370 0 517109 482102 10166 24841 0 0 0 0 271481 257674 11407 2400 73746 0 73746 0 0 0 0 0 3528104 3528104 0 0 470744 242887 227857 0 Activities 208972 176960 20274 11738 Outside Instruction 354707 354707 0 0 Library Acquisitions 254123 254123 0 0 Food Service 2509803 2509803 0 0 1754833 1181056 521590 52187 50860519 45137068 4245523 1477928 2372776 7085237 3759488 3663136 2057445 2352190 234895 348291 0 0 0 0 1616893 1358179 122673 132253 83011 206116 134363892 53537524 79474508 80826368 55867918 71940332 700921 663117 0 0 0 0 3716984 3050959 150007512 171626178 3533232 3403503 1267140 1093956 724660 859022 1925000 1750000 0 0 0 0 0 0 1950000 0 1612099 1550287 11012131 8656768 X 82938861 87417037 56056520 75552373 138995381 162969410 150007512 171626178 X 12730509 11052677 0 0 0 190843 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1 0 0 0 1 0 0 0 0 0 Schedule C, Part II-B, Line 1 On a limited number of occasions, the president of the College may contact the legislators or their staff to discuss matters of interest to the College or may visit them for a brief meeting as an incidental part of an unrelated business trip. Students are encouraged to write letters to legislators with concerns regarding financial aid or higher education. 0 0 X X 0 56297439 3261160 17198474 1591908 0 0 75165165 56662773 998356 1179222 1542912 1000000 0 56297439 53739229 2607989 2239908 1430050 494303 0 56662773 49413216 927049 4670938 1271974 0 0 53739229 44166107 375413 6194718 1323022 0 0 49413216 0.1124 0.3427 0.5449 0 0 3460182 7359915 10820097 0 103638693 40089385 63549308 0 0 0 0 0 18778764 12473294 6305470 0 1126338 974845 151493 80826368 0 Advance Payments 34147 Miscellaneous Liabilities 500344 Annuity Payable 663117 Student Deposits 352679 1550287 55712283 11052677 0 0 -18920068 -7867391 63579674 263113 -251759 11354 63591028 31738254 0 0 0 251759 251759 31486495 263113 19110911 19374024 50860519 Schedule D, Part III, Line 1 Collection items consist of art objects that are held for educational purposes. Each of the items is cataloged, preserved, and cared for, and kept unencumbered. Activities verifying their existence and assessing their condition are performed on a regular basis. Collection items acquired either through purchases or donation are not capitalized. Purchases of collection items are recorded as decreases in net assets without donor restrictions. If purchased with unrestricted assets and as decreases in net assets with donor restrictions if purchased with donor-restricted assets. Contributions of collection items are not recognized in the Statement of Activities. If collection items are sold, the proceeds from the sale are used to purchase additional collection items. Schedule D, Part III, Line 4 The collection's holdings are composed primarily of etchings, engravings, lithographs and woodcuts. It also contains a few paintings and sculptures. The collection includes some seventy-five original works to be exhibited on campus to allow the campus, community and visitors a chance to be exposed to original works of art on campus. This is one of the better ways to study the fine arts. Schedule D, Part V, Line 4 Endowment funds are used to fund specific scholarships and grants to students and faculty along with funding specific building maintenance. Schedule D, Part XI, Line 2d Student Scholarships - $18,920,068 Schedule D, Part XI, Line 4b Cost of Goods Sold - $251,759 Schedule D, Part XII, Line 2d Cost of Goods Sold - $251,759 Schedule D, Part XII, Line 4b Student Scholarships - $18,920,068; Computer Equipment Capitalized - $98,097; Books - $24,585 and Other Equipment Capitalized -$68,161 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Northwestern College publicizes its nondiscriminatory policy in local radio ads and in local employment ads in newspapers. The policy is also on Northwestern College's website, in the student handbook, faculty and staff handbook, college catalog as well as in admissions pamphlets and applications. Northwestern College also publicizes its Vision for Diversity on its website. Schedule E, Part I, Line 6 Northwestern College receives Title IV funds for both undergraduate and graduate programs. Northwestern College has received Federal Health Care appropriation funds, Iowa Curriculum Grant and Iowa Teacher Quality Enhancement Grants. Northwestern College students also receive state funds, through the Iowa Tuition Grant. 1 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Cross Cultural Experience 38962 Europe (including Iceland and Greenland) 0 0 Program Services Cross Cultural Experience 69780 0 0 108742 Various Grants and Scholarships South America 8 216925 Applied to Student Account 0 Various Grants and Scholarships Middle East and North Africa 2 46575 Applied to Student Account 0 Various Grants and Scholarships North America (including Canada and Mexico, but not the United States) 3 71130 Applied to Student Account 0 Various Grants and Scholarships Europe (including Iceland and Greenland) 9 226426 Applied to Student Account 0 Various Grants and Scholarships Central America and the Caribbean 3 87025 Applied to Student Account 0 Various Grants and Scholarships East Asia and the Pacific 6 113345 Applied to Student Account 0 Various Grants and Scholarships Sub-Saharan Africa 2 51900 Applied to Student Account 0 0 0 0 0 0 0 Schedule F, Part I, Line 2 International students may be awarded grants and scholarships to come to study. Grants and scholarships are awarded by the financial aid office and are monitored and applied to the student account in the business office. Funds are audited annually by independent auditors. Red Raider Golf Classic 70750 38070 32680 0 3686 15160 3091 0 1509 0 0 70750 38070 32680 0 3686 15160 3091 0 1509 23446 9234 1 Academic Grants 978 10819417 0 Activity Awards 910 4403274 Diversity Grants 35 270864 Endowed Grants 231 575633 Federal Grants 253 185029 Gift Sponsored Grants 93 200406 Institutional Grants 1168 2435161 Faculty Research Grant 10 30284 Schedule I, Part I, Line 2 Students qualify for federal, state and institutional scholarships, grants and loans based on their individual FAFSA application. Merit awards are based on levels of achievement academically, musically or artistically. Entitlement grants are given for students with a family connection to the College, denominational affiliation and travel grants for students traveling a long distance from campus. International students may be awarded grants and scholarships to come to study. Grants are awarded by the financial aid office following federal, state and institutional guidelines, which are also monitored and applied in the business office. Funds are audited annually by independent auditors. X X 1 1 X X X X 0 0 0 0 0 0 0 1 0 Gregory Christy President 240000 0 25000 0 2226 0 14400 0 20178 0 301804 0 0 0 Christy Hanson PA Program Director 150000 0 0 0 700 0 9000 0 54 0 159754 0 0 0 D Nathan Phinney VP of Academic Affairs 155000 0 0 0 210 0 9300 0 9378 0 173888 0 0 0 Jay Wielenga Vice President for Advancement 118740 0 0 0 166 0 7124 0 4001 0 130031 0 0 0 Kent Wiersema VP of Finance and Operations 142935 0 0 0 4398 0 8576 0 9378 0 165287 0 0 0 Jennifer Feenstra Faculty Representative 64000 0 0 0 5043 0 3840 0 3829 0 76712 0 0 0 Schedule J, Part I, Line 1a Northwestern College provides a house for the president and pays a golf membership. Schedule J, Part I, Line 3 In addition to the methods indicated on line 3, Northwestern College uses various market surveys for colleges and universities, along with local or regional data that is relevant. See Schedule O for more detailed explanation, Form 990, Part VI, Section B, Line 15. Schedule J, Part I, Line 7 Based upon the president's compensation package, a bonus was paid during the year. A City of Orange City 426005071 2010-11-15 3500000 Student Housing 0 0 0 A 1750000 0 3500000 0 0 0 0 0 0 3500000 0 0 2011 0 0 1 1 A 0 0 0 0 0 0 0 1 0 1 A 0 0 0 0 0 0 0 0 1 A 1 Gregory Christy President 10800 Housing President's Home Not Required Not Required 65500 Academic Scholarships Student Financial Aid Not Required Not Required 16450 Institutional Grants Student Financial Aid Not Required Not Required 25750 Activity Awards Student Financial Aid Not Required Not Required 5800 Endowed Scholarships Student Financial Aid X 1457 Invoice X 27 489155 Stock Quotes X Grain 2 13958 Elevator Price X Travel 8 3821 Invoice X Furniture 4 15733 Invoice X Clothing 2 224 Invoice X Equipment 2 2400 Invoice X Landscaping 1 10000 Invoice 27 0 1 0 Form 990, Part VI, Section A, Line 2 Drew Vogel (Board Member) serves as a board member of Iowa State Bank. Drew Vogel (Board Member) has a business relationship with the bank where Carl Wynja (Board Chairman) is president. Carl Wynja (Chairman) has banking relationships with various Vogel companies that Drew Vogel (Board Member) has a interest in. The college purchases paint products in the amount between $8,000 and $25,000, in the normal course of business, from the local paint store owned by Vogel Paint which Drew Vogel has ownership in. Brad DeJong (Legal Counsel) provides legal services to Northwestern College in excess of $10,000. Kent Wiersema (Key Employee) wife Amy works at the college in the admission office. Lori Scott, (Board Member), spouse David Scott, is co-owner of Tetrad Property Group, which received 2 payments of approximately $25,000.00 for development consulting fees for the new Welcome Center. Form 990, Part VI, Section B, Line 11b The Form 990 is prepared by the Accountant, reviewed by the Comptroller, Vice President for Finance and Operations and the President. The form is then made available to the Financial Committee. Once the Finance Committee approves the Form 990, it is made available to the Board of Trustees for their review prior to submission of the Form 990 to the IRS. Form 990, Part VI, Section B, Line 12c Detailed conflict of interest questionnaires are provided annually to the trustees, officers and key employees. The questionnaires are then reviewed by the Finance Committee of the Board for any possible conflicts. The procedure requires specific areas to be addressed at a minimum, the specific concerns to be addressed individually and acted upon. Minutes are required of the Finance Committee for any and all actions with regard to any conflict of interest proceedings. Form 990, Part VI, Section B, Line 15 The Director of Human Resources does market surveys, uses data for college and universities from CUPA, CCCU, IAICU, and uses local or regional data that is relevant. The Director of Human Resources prepares a summary showing current salary, prior salary, market survey data, current pay range and market comparisons to current pay and pay range. The summary is reviewed by the Executive Committee, which functions as the compensation committee of the Board of Trustees. Based on the above data the Executive committee establishes reasonable compensation for officers, trustees and highly compensated employees. Form 990, Part VI, Section C, Line 17 None Form 990, Part VI, Section C, Line 19 The governing documents and bylaws are available on the Iowa Secretary of State website. The conflict of interest policy is in the trustee handbook along with the faculty and staff handbooks and are available upon request. The financial statements are made available to the community through a published and annual report and the Form 990 is made available on the web at Guide Star website as well as upon request. Form 990, Part XI, Line 9 Computer Equipment Capitalized of $98,097; Books Capitalized of $24,585; plus Other Funds Capitalized of $68,161