2021-04-20T11:51:00-05:00 2020-06-30 560574444 CHERRY BEKAERT LLP 3800 GLENWOOD AVE SUITE 200 RALEIGH NC 27612 990 2019-07-01 560530242 MEREDITH COLLEGE MERE 9197608516 3800 HILLSBOROUGH STREET RALEIGH NC 27607 TAMMI JACKSON VP FOR BUSINESS & FINANCE 9197608516 2021-03-05 1 AMANDA ADAMS P00748038 9197821040 2019 2022-09-23 18:48:47Z DR JO ALLEN 3800 HILLSBOROUGH STREET RALEIGH NC 27607 127577606 0 X WWW.MEREDITH.EDU X 1891 NC FOUNDED IN 1891, MEREDITH IS ONE OF THE LARGEST WOMEN'S COLLEGES IN THE SOUTHEAST. MEREDITH OFFERS COMPREHENSIVE LIBERAL ARTS AND PROFESSIONAL STUDIES FOR UNDERGRADUATE WOMEN. AT THE GRADUATE LEVEL, MEREDITH OFFERS CO-EDUCATIONAL M.B.A., M.A.T., M.ED., AND M.S. IN NUTRITION, M.A. IN PSYCHOLOGY, AND M.A. IN CRIMINAL JUSTICE PROGRAMS. POST-BACCALAUREATE CERTIFICATE PROGRAMS INCLUDE DIGITAL COMMUNICATIONS, DIETETICS, PARALEGAL, AND PRE-HEALTH. 34 34 1298 350 -54379 -71503 7881754 16909203 73332216 71204540 4954699 4927313 20460 20267 86189129 93061323 27420080 29903159 0 0 31599466 33366244 0 0 1726479 26158738 22919011 85178284 86188414 1010845 6872909 196924752 201286177 66096848 66371201 130827904 134914976 MEREDITH COLLEGE, GROUNDED IN THE LIBERAL ARTS AND COMMITTED TO PROFESSIONAL PREPARATION, EDUCATES AND INSPIRES STUDENTS TO LIVE WITH INTEGRITY AND PROVIDE LEADERSHIP FOR THE NEEDS, OPPORTUNITIES AND CHALLENGES OF SOCIETY. 0 0 62608979 28228644 61979120 MEREDITH COLLEGE CHALLENGES STUDENTS TO DISCOVER WHAT MAKES THEM STRONG, BUILD ON THOSE STRENGTHS, AND PREPARE TO MAKE A POSITIVE IMPACT ON THE WORLD. WITH MORE THAN 90 UNDERGRADUATE ACADEMIC PROGRAMS, CLOSE TO 30 GRADUATE AND CERTIFICATE PROGRAMS, AND STRONGPOINTS, A POWERFUL STRENGTHS-FOCUSED PERSONAL COACHING INITIATIVE, IT'S NO WONDER U.S. NEWS, THE PRINCETON REVIEW, AND FORBES.COM HAVE ALL NAMED MEREDITH A "BEST COLLEGE." 9840601 1674515 9225420 AUXILIARY ENTERPRISES: THE COLLEGE PROVIDES A NUMBER OF SERVICES THAT SUPPORT LEARNING, BUILD COMMUNITY AND ENHANCE THE OVERALL QUALITY OF STUDENT LIFE. THESE INCLUDE, BUT ARE NOT LIMITED TO, RESIDENTIAL HOUSING, APARTMENTS, DINING, BOOKSTORE AND MAIL SERVICES. 72449580 1 1 0 0 0 0 0 0 1 1 1 1 0 0 1 1 1 0 1 1 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 2649 0 1 1298 1 1 1 1 IT 0 0 0 1 1 0 0 0 0 0 0 X 34 34 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X TAMMI JACKSON 9197608516 3800 HILLSBOROUGH ST RALEIGH NC 27607 CAROLYN LEITH CHAIR 1.00 X X 0 0 0 YVETTE M BROWN VICE CHAIR 1.00 X X 0 0 0 LESLIE LANDIS HAYES IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 CHRISTIE BISHOP BARBEE MEMBER 1.00 X 0 0 0 ELIZABETH TRIPLETT BEAM MEMBER 1.00 X 0 0 0 NANCY WILLIAMS CHEEK MEMBER 1.00 X 0 0 0 ADRIENNE COLE MEMBER 1.00 X 0 0 0 JO COOPER MEMBER 1.00 X 0 0 0 ROBERT W EAVES JR MEMBER 1.00 X 0 0 0 SAM E EWELL JR MEMBER 1.00 X 0 0 0 ELLA FRANTZ MEMBER 1.00 X 0 0 0 BETSY PORTER FRITSCHEL MEMBER 1.00 X 0 0 0 JENA MUNTZ GALLAGHER MEMBER 1.00 X 0 0 0 JAMES GAYNOR MEMBER 1.00 X 0 0 0 SHEPARD HALSCH MEMBER 1.00 X 0 0 0 ALMA AMMONS HOFFMANN MEMBER 1.00 X 0 0 0 H ALEXANDER HOLMES MEMBER 1.00 X 0 0 0 ANN BATSON JAMES MEMBER 1.00 X 0 0 0 PHILLIP J KIRK JR MEMBER 1.00 X 0 0 0 JENN MANN MEMBER 1.00 X 0 0 0 CAROL LANCASTER MILANO MEMBER 1.00 X 0 0 0 LORIANN MESSINA MOSCATO MEMBER 1.00 X 0 0 0 SARAH PARKER MEMBER 1.00 X 0 0 0 LISA ROBIE POOLE MEMBER 1.00 X 0 0 0 GWEN REYNOLDS MEMBER 1.00 X 0 0 0 CHRIS ROLFE MEMBER 1.00 X 0 0 0 CHARLES ROYAL MEMBER 1.00 X 0 0 0 NANCY PENTECOST SISKA MEMBER 1.00 X 0 0 0 CLAIRE SLAUGHTER MEMBER 1.00 X 0 0 0 SILDA WALL SPITZER MEMBER 1.00 X 0 0 0 DONNA WILSON THAGARD MEMBER 1.00 X 0 0 0 RICHARD URQUHART MEMBER 1.00 X 0 0 0 DAVID L WARREN MEMBER 1.00 X 0 0 0 HEATHER CLARK WARREN MEMBER 1.00 X 0 0 0 JO ALLEN PRESIDENT 40.00 X 367113 0 67575 N JEAN JACKSON VP COLLEGE PROGRAMS 40.00 X 187735 0 25288 CRAIG BARFIELD VP FOR BUSINESS AND FINANCE 40.00 X 183707 0 54325 MATTHEW POSLUSNY SENIOR VP & PROVOST 40.00 X 186438 0 26539 CHARLES BARTON VP INSTITUTIONAL ADVANCEMENT 40.00 X 191331 0 25747 KRISTIE OGILVIE DEAN 40.00 X 185941 0 20066 ELIZABETH WOLFINGER DEAN 40.00 X 157266 0 23069 JEFFREY HOWLETT CIO 40.00 X 150844 0 52925 NATHAN WOOLARD ASSISTANT PROFESSOR 40.00 X 140208 0 20836 BING YU PROFESSOR 40.00 X 133792 0 26135 1884375 0 342505 30 0 1 0 ARAMARK CORPORATION 27310 NETWORK PLACE CHICAGO IL 606731273 DINING AND FACILITIES MGMT. 3264206 MINDPOWER INC 337 GEORGIA AVE SE ATLANTA GA 30312 ADVERTISING 648844 PINNACLE BUSINESS SOLUTIONS 192 RICHMOND HILL AVE STE 18 STAMFORD CT 06902 IT SERVICES 542110 DAVID FLETCHER DBA CAROLINA EARTHSCAPES 1841 NORTH NC 119 MEBANE NC 27302 FACILITIES CONTRACTOR 360518 WOMBLE BOND DICKSON 555 FAYETTEVILLE ST STE 1100 RALEIGH NC 27601 LEGAL 328198 14 38429 2861039 14009735 638751 16909203 TUITION AND FEES 900099 61979120 61979120 HOUSING, DINING & OTHER 900099 8547948 8547948 WORKSHOPS & OTHER FEES 900099 677472 677472 71204540 1321284 -54379 1375663 38092610 34486581 3606029 3606029 3606029 49969 38429 29702 20267 20267 93061323 71204540 -54379 5001959 29903159 29903159 1315797 426000 672720 217077 24933576 19097249 4940240 896087 1305713 977625 266712 61376 3731966 2784420 775694 171852 2079192 1556384 424607 98201 174685 174685 197421 197421 851643 665157 186486 329327 243432 85895 2068870 1773619 295251 349236 240387 55307 53542 2127091 2009059 118032 4700951 4412193 288758 408275 408275 EXPENDITURES OF RESTRIC 4064355 4064355 FOOD AND FOOD SERVICE 1691690 1691690 EQUIPMENT 1341016 552322 788694 SUPPLIES 1254436 928254 326182 3360015 1367707 1849859 142449 86188414 72449580 12012355 1726479 13726931 20266865 5528423 3936119 1203531 2733037 47520 39065 177980 5653 149569295 88231342 63084699 61337953 77644789 73652843 34346076 38350816 269235 101985 895568 861841 196924752 201286177 3340227 4426152 557914 490152 47152676 45617789 467453 125699 3025000 2925000 11553578 12786409 66096848 66371201 X 23060209 21501069 107767695 113413907 130827904 134914976 196924752 201286177 X 6872909 -1468821 -1317016 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 115701677 3751027 3029648 2529584 4851157 115101611 113533181 4631425 3562062 2647131 3377860 115701677 104762705 5034435 7762488 2290322 1736125 113533181 94303471 2846969 11478429 2224032 1642132 104762705 96523500 4294862 -2734015 2228528 1552348 94303471 0.16590 0.69620 0.13790 0 0 616272 351485 967757 132685136 74691835 57993301 15575329 13539507 2035822 341073 341073 61337953 FUND OF FUNDS 31624358 F PRIVATE EQUITY 3524750 F PRIVATE REAL ESTATE FUNDS 205969 F REIT 2995739 F 38350816 STUDENT DEPOSITS 153775 ACCRUED POSTRETIREMENT BENEFIT OBLIGATIONS 10404630 DUE TO DONORS OF TRUSTS 291420 ASSET RETIREMENT OBLIGATION 1936584 12786409 X 63196139 -1468821 -28198942 -29667763 92863902 197421 197421 93061323 59109067 1346718 1346718 57762349 197421 28228644 28426065 86188414 PART IV, LINE 2B: THE COLLEGE HOLDS FUNDS IN A CUSTODIAL CAPACITY FOR STUDENT ORGANIZATIONS. PART V, LINE 4: THE COLLEGE'S ENDOWMENT CONSISTS OF APPROXIMATELY 543 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. PART X, LINE 2: THE COLLEGE'S POLICY IS TO RECORD A LIABILITY FOR UNRECOGNIZED TAX BENEFITS, AND ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT A TAX POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF JUNE 30, 2020 AND 2019 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED NET OF REVENUE 29,702. INSTITUTIONAL GRANTS SHOWN NET OF TUITION ON FINANCIALS -28,228,644. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED NET OF REVENUE 29,702. CHANGE IN POSTRETIREMENT BENEFIT OBLIGATIONS 1,317,016. PART XII, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL GRANTS SHOWN NET OF TUITION ON FINANCIALS 28,228,644. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 MEREDITH'S FULL NONDISCRIMINATION POLICY IS PRINTED IN COLLEGE PUBLICATIONS SUCH AS THE UNDERGRADUATE CATALOGUE WHICH IS DISTRIBUTED IN PRINT FORM AND ON THE COLLEGE'S WEBSITE. IN ADDITION, IT IS ALSO PUBLISHED IN UNDERGRADUATE AND GRADUATE RECRUITMENT MATERIALS. SCHEDULE E, PART I, LINE 6 IN FURTHERANCE OF ITS EDUCATIONAL MISSIONS, MEREDITH COLLEGE RECEIVES FUNDS IN SUPPORT OF ITS STUDENTS. EUROPE 0 1 PROGRAM SERVICES STUDY ABROAD/ALUMNI TRAVEL 284585 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES STUDY ABROAD 5905 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 24994860 0 1 0 0 0 1 25285350 0 25285350 1 0 1 1 0 0 PART I, LINE 3: EXPENDITURES ARE ACCOUNTED FOR ON THE ACCRUAL BASIS OF ACCOUNTING. PART III ACCOUNTING METHOD: PART IV, LINE 3 ALTHOUGH THE COLLEGE HAD AN OWNERSHIP IN CERTAIN FOREIGN CORPORATIONS (INVESTMENTS) DURING THE TAX YEAR, THE INVESTMENT AMOUNT WAS NOT HIGH ENOUGH TO RENDER THE FILING OF FORM 5471. PART IV, LINE 4 MEREDITH COLLEGE IS AN INVESTOR IN ONE OR MORE PASSIVE FOREIGN INVESTMENT COMPANIES ("PFICS"). THEY RECEIVED NO TAXABLE DISTRIBUTIONS FROM ANY OF THE FUNDS DURING FISCAL YEAR 2020. FORM 8621 IS NOT REQUIRED DUE TO IRS GUIDANCE SET FORTH IN REG. SEC. 1.1291-1(E). PART IV, LINE 5 ALTHOUGH THE COLLEGE HAD AN OWNERSHIP IN CERTAIN FOREIGN PARTNERSHIPS (INVESTMENTS) DURING THE TAX YEAR, THE INVESTMENT AMOUNT WAS NOT HIGH ENOUGH TO RENDER THE FILING OF FORM 8865. AUTISM GALA 88398 38429 49969 22299 745 6658 88398 38429 49969 22299 745 6658 29702 20267 1 INSTITUTIONAL GRANTS, FINANCIAL AID & SCHOLARSHIPS 1542 28228644 TUITION RATES FINANCIAL AID AND SCHOLARSHIPS CARES EMERGENCY GRANTS 704 1674515 PART I, LINE 2: MEREDITH COLLEGE FINANCIAL ASSISTANCE OFFICE HAS SYSTEMS AND INTERNAL PROCEDURES IN PLACE THAT ENSURES THE PROPER DETERMINATION, DISBURSEMENT AND MONITORING OF GRANTS AND SCHOLARSHIPS. THESE SYSTEMS AND PROCEDURES COMPLY WITH THE FEDERAL STUDENT TITLE IV AID REGULATIONS, NORTH CAROLINA STATE EDUCATION ASSISTANCE AUTHORITY RULES, AND INSTITUTIONAL POLICIES. FOR CARES EMERGENCY GRANT AWARDS, FOR ELIGIBLE STUDENTS, THE INDIVIDUAL GRANT AMOUNT RELATED TO THE DISRUPTION BECAUSE OF CORONAVIRUS AND WAS CALCULATED USING AN ALLOCATION BASED ON RATES FOR HOUSING AND/OR FOOD, PLUS CONSIDERATIONS FOR OTHER CARES ACT PRIORITIES (I.E., TECHNOLOGY, COURSE MATERIALS, HEALTH CARE, CHILD CARE), APPLIED OVER THE PERIOD OF TIME REMAINING IN THE SEMESTER AFTER THE CHANGE TO ONLINE INSTRUCTION. X X 1 1 X X X 0 0 0 0 0 0 0 1 0 JO ALLEN PRESIDENT 338945 0 25000 0 3168 0 58000 0 9575 0 434688 0 0 0 N JEAN JACKSON VP COLLEGE PROGRAMS 181639 0 0 0 6096 0 18600 0 6688 0 213023 0 0 0 CRAIG BARFIELD VP FOR BUSINESS AND FINANCE 183707 0 0 0 0 0 53179 0 1146 0 238032 0 0 0 MATTHEW POSLUSNY SENIOR VP & PROVOST 184374 0 0 0 2064 0 20188 0 6351 0 212977 0 0 0 CHARLES BARTON VP INSTITUTIONAL ADVANCEMENT 181058 0 5000 0 5273 0 24801 0 946 0 217078 0 0 0 KRISTIE OGILVIE DEAN 185461 0 0 0 480 0 9901 0 10165 0 206007 0 0 0 ELIZABETH WOLFINGER DEAN 155517 0 0 0 1749 0 22176 0 893 0 180335 0 0 0 JEFFREY HOWLETT CIO 150416 0 0 0 428 0 45614 0 7311 0 203769 0 0 0 NATHAN WOOLARD ASSISTANT PROFESSOR 139506 0 500 0 202 0 13390 0 7446 0 161044 0 0 0 BING YU PROFESSOR 132461 0 0 0 1331 0 18457 0 7678 0 159927 0 0 0 PART I, LINE 1A THE PRESIDENT IS PROVIDED WITH A RESIDENCE FOR PERSONAL USE AS WELL AS HOUSEKEEPING SERVICES FOR THE CONVENIENCE OF THE COLLEGE SO THAT THE PRESIDENT CAN PERFORM ESSENTIAL SCHOOL BUSINESS AND ACTIVITIES AT THE HOME. THIS RESIDENCE IS PROVIDED FOR THE CONVENIENCE OF THE COLLEGE IN HAVING THE FUNCTIONS OF THE OFFICE OF THE PRESIDENT EFFICIENTLY DISCHARGED AND AS A CONDITION OF EMPLOYMENT AS PRESIDENT OF THE COLLEGE. FOR THE BENEFIT AND CONVENIENCE OF THE COLLEGE, THE PRESIDENT'S RESIDENCE SHALL BE AVAILABLE, AND SHALL BE USED, FOR COLLEGE-RELATED BUSINESS AND ENTERTAINMENT ON A REGULAR AND CONTINUING BASIS. THE APPROXIMATE RENTAL VALUE OF THE HOME IS $3,500 PER MONTH. THESE ARE TREATED AS NONTAXABLE BENEFITS. PART I, LINE 7 BONUSES FOR THE PRESIDENT ARE AWARDED AND APPROVED BY THE BOARD OF TRUSTEES. BONUSES FOR FACULTY AND STAFF ARE AWARDED BY THE EMPLOYEE'S SUPERVISOR. THE BONUS MUST BE APPROVED BY THE SUPERVISOR, VP, AND DIRECTOR OF HR. A NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY 561592154 65818PLG2 2016-09-29 8826029 SEE PART VI 0 0 0 B NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY 561592154 65818PMH9 2018-03-29 40960158 SEE PART VI 0 0 0 A 530000 8926117 176521 8749596 2009 0 1 1 1 B 2325000 41026605 596792 40429813 2009 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 0 1 0 0 0 0 0 1 A 1 B 1 FORM 990, SCHEDULE K, PART I, LINE A, COLUMN (F): TO ADVANCE REFUND $7,800,000 IN AGGREGATE PRINCIPAL AMOUNT OF OUTSTANDING 2008A BONDS INITIALLY ISSUED ON APRIL 3, 2008 AND PAY RELATED ISSUANCE COSTS. FORM 990, SCHEDULE K, PART I, LINE B, COLUMN (F): TO CURRENTLY REFUND OUTSTANDING 2008A AND 2008B BONDS INITIALLY ISSUED ON APRIL 3, 2008 AND PAY RELATED ISSUANCE COSTS. FORM 990, SCHEDULE K, PART II, COLUMNS A & B, LINE 3: THE DIFFERENCE BETWEEN THE AMOUNTS ON LINE 3 AND THE ISSUE PRICES LISTED IN PART I, COLUMN E, IS DUE TO INVESTMENT EARNINGS ON BOND PROCEEDS PENDING DISBURSEMENT. FORM 990, SCHEDULE K, PART II, COLUMN A, LINE 11: $8,744,938 WAS APPLIED TO REDEEM OUTSTANDING 2008A BONDS. $4,658 WAS USED TO PAY INTEREST ON 2016 BONDS. FORM 990, SCHEDULE K, PART II, COLUMN B, LINE 11: $90,386 WAS USED TO PAY DEBT SERVICE ON 2018 BONDS. $40,339,427 WAS APPLIED TO REDEEM OUTSTANDING 2008A AND 2008B BONDS. X 8 151029 FMV X 1 487722 FMV 1 0 1 1 PART I, LINE 32B: FOR GIFTS OF REAL ESTATE TO THE COLLEGE, AN AGENT IS SELECTED BY THE COLLEGE TO SELL THE PROPERTY. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES IS MADE UP OF 8 TO 10 MEMBERS. THE PURPOSE OF THE COMMITTEE IS TO SERVE AT THE PLEASURE OF THE BOARD AND HAVE AUTHORITY TO ACT FOR THE BOARD ON ALL MATTERS EXCEPT AS OTHERWISE PROVIDED BY LAW AND EXCEPT FOR THE FOLLOWING, WHICH SHALL BE RESERVED FOR THE BOARD: PRESIDENTIAL SELECTION AND TERMINATION, TRUSTEE AND BOARD OFFICER ELECTION, CHANGES IN INSTITUTIONAL MISSION AND PURPOSE, INCURRING CORPORATE INDEBTEDNESS, SALE OF COLLEGE ASSETS, ADOPTION OF ANNUAL BUDGET, AND CONFERRAL OF DEGREES OR TENURE. FORM 990, PART VI, SECTION B, LINE 11B THE BUSINESS AND FINANCE COMMITTEE WILL REVIEW AND APPROVE THE 990. FOR PRIVACY PURPOSES, THE FULL BOARD ONLY RECEIVES A PUBLIC DISCLOSURE COPY OF THE 990 FOR THEIR REVIEW PRIOR TO FILING WITH THE IRS. HOWEVER, THE FORM 990 IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD AFFAIRS COMMITTEE MONITORS THE TRUSTEES' CONFLICT OF INTEREST POLICY INCLUDING DISTRIBUTING, COLLECTING, AND REVIEWING CONFLICT OF INTEREST FORMS ANNUALLY. IN ADDITION, THE CHAIR OF THE INVESTMENT COMMITTEE REVIEWS CONFLICT OF INTEREST FORMS FOR THE MEMBERS OF THAT COMMITTEE FOR ANY POTENTIAL CONFLICT SPECIFICALLY RELATED TO THEIR ROLE ON THAT COMMITTEE. IN THE EVENT OF A CONFLICT, THE INDIVIDUAL INVOLVED WOULD RECUSE THEMSELVES FROM ANY VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, AN INDEPENDENT BODY. THE COMMITTEE RELIES UPON DATA FROM COMPARABLE COLLEGES OBTAINED BY NCICU AND FROM FORMS 990 OF SIMILARLY SITUATED COLLEGES AND UNIVERSITIES. IN ADDITION, THE COMMITTEE ALSO CONSIDERS THE RESULTS OF THE PRESIDENT'S ANNUAL PERFORMANCE EVALUATION. THE DECISION IS DOCUMENTED IN THE MINUTES OF THE COMMITTEE. THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS INDEPENDENTLY REVIEWED ON EVERY SALARY LEVEL. THE COLLEGE REVIEWS SALARY DATA FROM VARIOUS SOURCES, SUCH AS CUPA. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY AND THE GOVERNING DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN POSTRETIREMENT BENEFIT OBLIGATIONS -1,317,016. COOPERATING RALEIGH COLLEGES PO BOX 120 RALEIGH NC 27607 237158371 SUPPORT MEMBER INSTITUTIONS NC 501(C)(3) LINE 12A, I N/A 0 CHARITABLE REMAINDER TRUST (4) INVESTMENT NC N/A T 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0