2020-07-08T21:14:10-05:00 2019-06-30 BKD LLP 1201 Walnut Suite 1700 Kansas City MO 641062246 990 2018-07-01 440562048 PARK UNIVERSITY % GREGG GIVENS PARK 8165846248 8700 NW RIVER PARK DRIVE PARKVILLE MO 64152 GREGG GIVENS CFO 8165846248 2020-05-15 true Michael J Engle P00482834 8162216300 2020-04-15 167.68.126.162 43372220201905000174 2020-07-08 P 7126603A62AC6A2A14C3BDE8438D16F665284B75 355CC2E4B6E27E32DAADC48E1CA8D97843AD7DA8 2018 2021-01-29 14:40:06Z GREGG GIVENS 8700 NW RIVER PARK DRIVE PARKVILLE MO 64152 112643071 false X WWW.PARK.EDU X 1879 MO PARK UNIVERSITY PROVIDES LEADERSHIP IN QUALITY AND INNOVATIVE EDUCATION FOR A DIVERSITY OF LEARNERS WHO WILL BECOME LEADERS IN THE GLOBAL COMMUNITY 20 20 2137 400 0 0 2082607 3148892 81551328 81783338 4497903 3369536 2494053 5409078 90625891 93710844 6772727 6662090 0 0 50220241 52626836 0 0 922857 29856617 29490799 86849585 88779725 3776306 4931119 169562751 174373476 37450494 36877167 132112257 137496309 PARK UNIVERSITY PROVIDES ACCESS TO A QUALITY HIGHER EDUCATION EXPERIENCE THAT PREPARES A DIVERSE COMMUNITY OF LEARNERS TO THINK CRITICALLY, COMMUNICATE EFFECTIVELY, DEMONSTRATE A GLOBAL PERSPECTIVE AND ENGAGE IN LIFELONG LEARNING AND SERVICE TO OTHERS. false false 61527441 6662090 78961693 PROVIDING HIGHER EDUCATION TO STUDENTS: THESE ARE EXPENSES CONNECTED WITH INSTRUCTION, ACADEMIC SUPPORT, AND STUDENT SERVICES, AND ALL OTHER CAMPUS RELATED FUNCTIONS. CURRENTLY PARK UNIVERSITY SERVES APPROXIMATELY 16,500 STUDENTS ANNUALLY IN THE PARKVILLE, MISSOURI AREA, IN THE GILBERT, ARIZONA AREA, IN THE KANSAS CITY AREA, AT REMOTE LOCATION CAMPUSES, AND ONLINE. 4612372 2821645 AUXILIARY: THESE ARE EXPENSES CONNECTED WITH STUDENT HOUSING, FOOD SERVICE, AND A FITNESS CENTER. 66139813 true true false true false false false true false true true false false true true false true false true false true false false false true false false false true true true false true false false false false false false false false false false false false true false false false false true 182 0 true 2137 true false false false false false true true false false false false false false X 20 20 false false false false false false false true true false true true true true true true true true true true false CA X GREGG GIVENS 8165846249 8700 NW RIVER PARK DRIVE PARKVILLE MO 64152 X ANN HANSBROUGH TRUSTEE 2.0 0.0 X 0 0 0 ANTHONY MELCHIORRI TRUSTEE 2.0 0.0 X 0 0 0 CYPRIENNE SIMCHOWITZ TRUSTEE 2.0 0.0 X 0 0 0 DANNY SAKATA TRUSTEE 2.0 0.0 X 0 0 0 DAVID WARM TRUSTEE 2.0 0.0 X 0 0 0 DENNIS FISHER TRUSTEE 2.0 0.0 X 0 0 0 ERIC WADE TRUSTEE 2.0 0.0 X 0 0 0 JACQUELINE SNYDER TRUSTEE/SECRETARY 2.0 0.0 X X 0 0 0 JAMES CORNELIUS TRUSTEE 2.0 0.0 X 0 0 0 JEANETTE PRENGER TRUSTEE/VICE CHAIR 2.0 0.0 X X 0 0 0 KRISTOPHER FLINT TRUSTEE 2.0 0.0 X 0 0 0 LYNN CRAGHEAD TRUSTEE/TREASURER 2.0 0.0 X 0 0 0 MICHAEL COLLINS TRUSTEE 2.0 0.0 X 0 0 0 RICHARD KELLER TRUSTEE 2.0 0.0 X 0 0 0 ROSEMARY PLAKAS TRUSTEE 2.0 0.0 X 0 0 0 SCOTT MCRUER TRUSTEE/CHAIR 2.0 0.0 X X 0 0 0 TROY TEAGUE TRUSTEE 2.0 0.0 X 0 0 0 VINCE CLARK TRUSTEE 2.0 0.0 X 0 0 0 WILLIAM PERRY TRUSTEE 2.0 0.0 X 0 0 0 Andrew Shoffner Trustee 2.0 0.0 X 0 0 0 DAVID WHITAKER CHIEF INFORMATION OFFICER 50.0 0.0 X 177820 0 29894 GREG GUNDERSON PRESIDENT 50.0 0.0 X 382422 0 47305 MICHELLE MYERS PROVOST 50.0 0.0 X 220095 0 25265 ROGER DUSING VP OF HUMAN RESOURCES 50.0 0.0 X 131838 0 8275 SHANE SMEED VICE PRESIDENT/COO 50.0 0.0 X 219446 0 25265 BRIAN BODE CFO 50.0 0.0 X 189740 0 7884 MARK M NOE PROFESSOR 50.0 0.0 X 124982 0 8968 BRAD KLEINDL DEAN SCHOOL OF BUSINESS 50.0 0.0 X 147364 0 23168 NATHAN MARTICKE ASSOCIATE VICE PRESIDENT OF AD 50.0 0.0 X 124088 0 24612 EMILY SALLEE ASSOCIATE PROVOST/ACADEMIC AF 50.0 0.0 X 150838 0 2833 TIM WESCOTT ASSOCIATE PROFESSOR 50.0 0.0 X 125814 0 12433 COURTNEY GODDARD FORMER GENERAL COUNSEL 0.0 0.0 X 176125 0 0 2170572 0 215902 35 true true false WALZ TETRICK ADVERTISING 2711 W ASH ST COLUMBIA MO 65205 ADVERTISING 1297337 MBS DIRECT LLC 4712 NW GATEWAY AVE RIVERSIDE MO 641509518 ONLINE BOOK PROVIDER 1093481 LOCKTON COMPANIES 444 W 47TH ST STE 900 KANSAS CITY MO 641121906 INSURANCE BROKER 1006735 AUTOMATED CONTROL SYSTEMS CORP 5251 W 116TH PL STE 200 LEAWOOD KS 662112011 HVAC CONTRACTOR 974999 SODEXO 9801 WASHINGTON BLVD GAITHERSBURG MD 20878 FOOD SERVICE 727848 40 230975 2917917 3148892 Tuition and Fees 611600 78961693 78961693 Auxiliary Enterprises 611710 2821645 2821645 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0 0 0 0 0 0 1194788 1647200 150152417 65628709 87178532 84523708 35876927 36180571 4650259 4654586 0 0 0 0 19516477 19545309 169562751 174373476 7466784 7846950 0 0 6459960 7674027 15529792 14670410 0 0 0 0 7030000 6175000 0 0 963958 510780 37450494 36877167 X 74109375 78703757 19979487 19517769 38023395 39274783 132112257 137496309 169562751 174373476 4931119 452527 406 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2597 0 2597 88777128 88779725 1000000 250000 true 1000000 1000000 1000000 1000000 4000000 6000000 814 843 2393 2597 6647 250000 250000 250000 250000 1000000 1500000 814 814 2279 2597 6504 X false 34887934 276632 1203371 1070214 35297723 33987025 195384 1283396 577871 34887934 31882526 196904 2364139 456544 33987025 33683297 336575 -1307282 830064 31882526 34633313 249599 -519628 679987 33683297 0.42020 0.30200 0.27780 true false 18131052 539717 18670769 82766451 32220412 50546039 5485451 884200 4601251 43229746 32524097 10705649 84523708 Funds Held in Trust 19318310 FUNDS HELD AT TIAA 226999 19545309 0 Refundable Student Loans 510780 510780 88266781 452527 703316 62184 1218027 87048754 6662090 6662090 93710844 82883135 703316 62184 765500 82117635 6662090 6662090 88779725 SCHEDULE D, PART III, LINE 4 PARK UNIVERSITY RECEIVED DONATED ARTWORK WHICH IT KEEPS ON DISPLAY THROUGHOUT THE CAMPUS. SCHEDULE D, PART V, LINE 4 THE INTENDED USE FOR THE ENDOWMENT FUNDS IS TO PROVIDE FUNDS FOR OPERATIONS, SCHOLARSHIPS, AND ACADEMIC PROGRAMS. SCHEDULE D, PART X, LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. SCHEDULE D, PART XI, LINE 2D FUNDRAISING EVENTS EXPENSES $ 62,184 SCHEDULE D, PART XI, LINE 4B GRANTS & OTHER ASSISTANCE TO INDIVIDUALS IN THE US $6,662,090 SCHEDULE D, PART XII, LINE 2D FUNDRAISING EVENTS EXPENSES $ 62,184 SCHEDULE D, PART XII, LINE 4B GRANTS & OTHER ASSISTANCE TO INDIVIDUALS IN THE US $6,662,090 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 6A PARK UNIVERSITY RECEIVED THE FOLLOWING TYPES OF US DEPARTMENT OF EDUCATION FUNDS/MONIES: FEDERAL PELL GRANTS, FEDERAL PERKINS LOAN, FEDERAL WORK STUDY GRANTS, FEDERAL TEACH GRANTS, STUDENT LOANS, AND SEOG GRANTS. SCHEDULE E, PART I, LINE 6A PARK UNIVERSITY RECEIVED THE FOLLOWING TYPES OF US DEPARTMENT OF EDUCATION FUNDS/MONIES: FEDERAL PELL GRANTS, FEDERAL PERKINS LOAN, FEDERAL WORK STUDY GRANTS, FEDERAL TEACH GRANTS, STUDENT LOANS, AND SEOG GRANTS. Central America and the Caribbean 0 0 Investments 1580339 0 0 0 0 1580339 1580339 true false true false false false SCHEDULE F, PART I, LINE 3, COLUMN (F) THE ACCOUNTING METHOD USED FOR REPORTING EXPENDITURES IN THE REGION IS THE ACCRUAL METHOD. NIGHT OF THE HE 204605 195570 9035 4310 14885 13601 GOLF SCRAMBLE 51605 35405 16200 25205 1722 2462 0 256210 230975 25235 29515 16607 16063 62185 -36950 true SCHOLARSHIPS AND GRANTS 543 4839786 ATHLETIC SCHOLARSHIPS 302 1822304 SCHEDULE I, PART I, LINE 2 IN AS MUCH AS ALL GRANTS ARE FOR NON-CASH ASSISTANCE FOR STUDENT RECIPIENTS' TUITION, ROOM, BOARD OR BOOKS, WHEN SUCH REMISSION OCCURS, IT IS A DIRECT REDUCTION OF THE STUDENTS FEES TO THE UNIVERSITY. SINCE NO GRANT FUNDS ARE IN DIRECT CONTROL OF THE RECIPIENT, THE RECIPIENT IS NOT IN A POSITION TO DIVERT THE GRANT FROM ITS INTENDED USE. FOR ATHLETIC SCHOLARSHIPS, THE ATHLETIC DIRECTOR AND DIRECTOR OF STUDENT FINANCIAL SERVICES, TO ENSURE COMPLIANCE WITH NAIA RULES, MUST MONITOR SCHOLARSHIP EXPENDITURES FOR EACH STUDENT AND PROGRAM. X X true true X X X X X true false false false false false false false false DAVID WHITAKER CHIEF INFORMATION OFFICER 167392 0 10068 0 360 0 899 0 28995 0 207714 0 GREG GUNDERSON PRESIDENT 281870 0 100000 0 552 0 18500 0 28805 0 429727 0 MICHELLE MYERS PROVOST 190400 0 28960 0 735 0 0 0 25265 0 245360 0 SHANE SMEED VICE PRESIDENT/COO 202625 0 16631 0 190 0 0 0 25265 0 244711 0 BRIAN BODE CFO 179167 0 9061 0 1512 0 0 0 7884 0 197624 0 COURTNEY GODDARD FORMER GENERAL COUNSEL 0 0 0 0 176125 0 0 0 0 0 176125 0 BRAD KLEINDL DEAN SCHOOL OF BUSINESS 145926 0 800 0 638 0 0 0 23168 0 170532 0 EMILY SALLEE ASSOCIATE PROVOST/ACADEMIC AF 142572 0 8151 0 115 0 0 0 2833 0 153671 0 SCHEDULE J, PART I, LINE 1A PARK UNIVERSITY PROVIDED ON CAMPUS HOUSING TO THE PRESIDENT. THE FAIR MARKET VALUE QUALIFIED AS NONTAXABLE UNDER CODE SECTION 119 AND IS NOT INCLUDED ON FORM W-2. THE PRESIDENT WAS PROVIDED PERSONAL SERVICES IN THE FORM OF HOUSEKEEPING OF THE PRESIDENT'S ON CAMPUS RESIDENCE. THE RESIDENCE WAS USED AS A LESS FORMAL MEETING VENUE FOR THE PRESIDENT TO INTERACT WITH DONORS, TRUSTEES, VISITING DIGNITARIES, PROFESSORS, ETC. THE FAIR MARKET VALUE WAS NOT TAXABLE INCOME BECAUSE COSTS OF HOUSEKEEPING ASSOCIATED WITH SIGNIFICANT PUBLIC USE OF THE RESIDENCE WAS CONSIDERED AN APPROPRIATE BUSINESS EXPENSE. SCHEDULE J, PART I, LINE 4A COURTNEY GODDARD $ 163,125 A SEE PART VI 260797833 701533AV3 2016-12-08 9995000 SEE PART VI false false false B SEE PART VI 431282533 701533AV3 2016-12-08 6836206 SEE PART VI false false false A 0 0 9995000 0 0 0 192025 0 0 0 9802975 0 2008 true false true true B 1705000 0 6836206 0 0 0 133876 0 0 0 6702330 0 2008 true false true true A false false false false 0.00000 0.00000 0.00000 false false false true B false false false false 0.00000 0.00000 0.00000 false false false true A false true false 0 false 0 false true B false true false 0 false 0 false true A true B true PART I, COLUMN (A), LINE A 12/01/2017 PART I, COLUMN (A), LINE B REPORT COMPUTED AS OF 12/01/2017 PART I, COLUMN (F), LINE A FINAL BALANCE OF COSTS OF ISSUANCE ($0.12) MOVED TO DEBT SERVICE FUND AND PART I, COLUMN (F), LINE B REFUND A PORTION OF THE SERIES 2007 BONDS (ISSUED 9/13/2007) PART II, COLUMN A, LINE 12 FINAL BALANCE OF COSTS OF ISSUANCE ($0.12) MOVED TO DEBT SERVICE FUND AND USED FOR INTEREST PAYMENT ON 08/01/2017. PART II, COLUMN B, LINE 12 FINAL BALANCE OF COSTS OF ISSUANCE ($2,455) MOVED TO DEBT SERVICE FUND AND USED FOR INTEREST PAYMENT ON 08/01/2017. PART IV, COLUMN A, LINE 2C REPORT COMPUTED AS OF 12/01/2017 PART IV, COLUMN B, LINE 2C REPORT COMPUTED AS OF 12/01/2017 FORM 990, PART VI, SECTION B, LINE 11B THE INFORMATION FOR THE FORM 990 IS GATHERED AND PREPARED BY THE UNIVERSITY CONTROLLER AND THEN SENT TO AN INDEPENDENT CPA FIRM FOR PREPARATION OF THE FORM 990. A DRAFT OF THE FORM 990 IS THEN REVIEWED BY THE UNIVERSITY CONTROLLER & CHIEF FINANCIAL OFFICER WITH THE INDEPENDENT CPA FIRM. UPON RESOLUTION OF ANY COMMENTS OR CONCERNS, THE FORM 990 IS PLACED ON THE UNIVERSITY'S SECURE, CONFIDENTIAL, ELECTRONIC BOARD PORTAL FOR REVIEW AND COMMENT BY ALL MEMBERS OF THE AUDIT COMMITTEE. UPON CONSENSUS, THE FORM 990 IS APPROVED FOR FILING WITH THE IRS AND ALL BOARD TRUSTEES ARE NOTIFIED THAT THE FORM 990 HAS BEEN POSTED FOR THEIR INFORMATION ON THE UNIVERSITY'S SECURE, CONFIDENTIAL, ELECTRONIC BOARD PORTAL. THE BOARD PORTAL IS THE CHANNEL UTILIZED BY THE UNIVERSITY TO PROVIDE MANAGEMENT AND GOVERNANCE INFORMATION TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES (BOARD) OF PARK UNIVERSITY HAS ADOPTED AND REGULARLY MONITORS THE IMPLEMENTATION, PERIODIC REVIEW, AND UPDATING, OF THE PARK UNIVERSITY CONFLICT OF INTEREST POLICY (POLICY). AT LEAST ONCE EACH YEAR, EACH INTERESTED PERSON (AS DEFINED IN THE POLICY), UNIVERSITY OFFICERS, UNIVERSITY TRUSTEES, AND KEY EMPLOYEES OF THE UNIVERSITY ARE REQUIRED TO FILE A PARK UNIVERSITY CONFLICT OF INTEREST DISCLOSURE STATEMENT (DISCLOSURE STATEMENT). IN ADDITION, INTERESTED PERSONS ARE REQUIRED TO FILE UPDATED DISCLOSURE STATEMENTS AT ANYTIME POTENTIAL OR ACTUAL CONFLICTS OF INTEREST ARISE. WHEN NEW TRUSTEES ARE ELECTED TO THE BOARD AND WHEN EMPLOYEES BECOME INTERESTED PERSONS, EACH IS REQUIRED TO FILE A DISCLOSURE STATEMENT. ATTORNEYS IN THE OFFICE OF GENERAL COUNSEL COLLECT AND REVIEW THE NATURE OF THE CONFLICTS AND RELATED INFORMATION REPORTED ON THE DISCLOSURE STATEMENTS. THE BOARD OF TRUSTEES HAS DELEGATED TO THE AUDIT COMMITTEE THE AUTHORITY TO TAKE ACTIONS DESCRIBED BELOW. THE AUDIT COMMITTEE INITIATES AN INQUIRY INTO WHETHER A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON WHO IS THE SUBJECT OF AN AUDIT COMMITTEE CONFLICTS INQUIRY MAY PRESENT INFORMATION RELEVANT TO THE EXISTENCE OF A CONFLICT OF INTEREST. HOWEVER, THE INTERESTED PERSON MAY NOT PARTICIPATE IN THE DELIBERATIONS OF THE AUDIT COMMITTEE, AND EVEN IF THE INTERESTED PERSON IS A MEMBER OF THE AUDIT COMMITTEE, THE INTEREST PERSON MAY NOT PARTICIPATE IN THE DELIBERATIONS OF THE AUDIT COMMITTEE THAT ARE RELATED TO THE CONFLICT INQUIRY, AND MAY NOT VOTE ON ANY ISSUE RELATED TO THE CONFLICT INQUIRY, INCLUDING THE EXISTENCE OF A CONFLICT OF INTEREST OR ANY ACTIONS TO BE TAKEN BY THE AUDIT COMMITTEE, THE EXECUTIVE COMMITTEE OR THE BOARD AS A RESULT OF THE EXISTENCE OF A CONFLICT OF INTEREST. THE CHAIR OF THE AUDIT COMMITTEE KEEPS THE BOARD CHAIR, THE EXECUTIVE COMMITTEE, THE TRUSTEESHIP COMMITTEE, THE BOARD OF TRUSTEES AND THE VICE-PRESIDENT AND GENERAL COUNSEL APPRISED OF THE STATUS OF CONFLICT-RELATED INQUIRIES AND OTHER CONFLICT-RELATED MATTERS THAT ARE WITHIN THE PURVIEW OF THE AUDIT COMMITTEE. THE AUDIT COMMITTEE CHAIR, BOARD CHAIR, AND OTHER TRUSTEES REGULARLY SEEK LEGAL COUNSEL FROM THE VICE PRESIDENT AND GENERAL COUNSEL'S OFFICE REGARDING CONFLICTS RELATED ISSUES. NO TRUSTEE (MEMBER OF THE BOARD OF TRUSTEES OR THE EXECUTIVE COMMITTEE) WHO HAS A CONFLICT OF INTEREST MAY PARTICIPATE IN DELIBERATIONS OR ANY DECISION MAKING RELATED TO THAT CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD EXECUTIVE COMMITTEE FUNCTIONS AS THE UNIVERSITY'S AUTHORIZED BODY WITH REGARDS TO THE COMPENSATION OF THE UNIVERSITY PRESIDENT (WHO IS THE CEO AND TOP MANAGMEENT OFFICIAL OF THE UNIVERSITY), AND THE COMPENSATION OF UNIVERSITY OFFICERS. THE EXECUTIVE COMMITTEE HAS A COMPENSATION ADVISORY SUBCOMMITTEE THAT FOCUSES ON THESE MATTERS, ASSISTS THE EXECUTIVE COMMITTEE, AND MAKES RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE, BUT MAKES NO DECISIONS REGARDING EXECUTIVE COMPENSATION MATTERS. NO TRUSTEE (MEMBER OF THE BOARD OF TRUSTEES OR THE EXECUTIVE COMMITTEE) WHO HAS A CONFLICT OF INTEREST WITH RESPECT TO A COMPENSATION ARRANGEMENT MAY PARTICIPATE IN COMPENSATION DELIBERATIONS OR IN ANY DECISION MAKING OF THE EXECUTIVE COMMITTEE THAT ARE RELATED TO A CONFLICT OF INTEREST OF THE TRUSTEE. THE EXECUTIVE COMMITTEE AND THE PRESIDENT, WITH ASSISTANCE FROM THE CHIEF FINANCIAL OFFICER AND THE VICE PRESIDENT AND GENERAL COUNSEL OBTAIN COMPARABLE COMPENSATION INFORMATION FROM A VARIETY OF SOURCES, INCLUDING THE MOST CURRENT ADMINISTRATIVE COMPENSATION SURVEY PRODUCED BY THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA SURVEY) AND THE JOINT COMPENSATION AND BENEFITS PROVISION OF LEGAL SERVICES SURVEY REPORT (NACUA SURVEY) PERIODICALLY COMPILED BY THE NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY ATTORNEYS. THE EXECUTIVE COMMITTEE ALSO CONSIDERS COMPENSATION DATA THAT MAY BE AVAILABLE FROM OTHER SOURCES SUCH AS THE CHRONICLE OF HIGHER EDUCATION. THE EXECUTIVE COMMITTEE USES THAT DATA IN ITS PERIODIC COMPENSATION DELIBERATIONS. THE CUPA SURVEY INCLUDES DATA REGARDING COMPENSATION OF PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE NACUA SURVEY INCLUDES DATA REGARDING COMPENSATION OF ATTORNEYS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED UNIVERSITIES. THE PRESIDENT OF THE UNIVERSITY MAKES RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE REGARDING THE COMPENSATION OF VICE PRESIDENTS OF THE UNIVERSITY AND MAY PARTICIPATE IN DELIBERATIONS RELATED TO COMPENSATION OF UNIVERSITY EMPLOYEES WHOSE COMPENSATION IS CONSIDERED BY THE BOARD CHAIR, THE EXECUTIVE COMMITTEE AND/OR THE BOARD OF TRUSTEES. DELIBERATIONS OF THE EXECUTIVE COMMITTEE REGARDING EXECUTIVE COMPENSATION ARE CONTEMPORANEOUSLY DOCUMENTED AND RECORDS REGARDING EXECUTIVE COMPENSATIONS ARRANGEEMTNS ARE MAINTAINED. FORM 990, PART VI, SECTION B, LINE 15B COMPENSATION REVIEW WAS PERFORMED BY THE HUMAN RESOURCE DIRECTOR BY OBTAINING COMPARATIVE COMPENSATION BY LIKE INSTITUTIONS IN 2016 AND WAS REVIEWED BY THE PRESIDENT OF THE UNIVERSITY. SEE SCHEDULE O, PART VI LINE 15A FOR COMPENSATION PROCESS FOR OTHER OFFICERS. PARK VISTA LLC 8700 NW RIVER PARK DRIVE PARKVILLE MO 64152 440562048 LEASING MO PARK UNIV PARK VENTURES LLC 8700 NW RIVER PARK DRIVE PARKVILLE MO 64152 440562048 INVESTING MO 300000 PARK UNIV