2019-10-28T08:37:45-05:00 2019-06-30 450250958 EIDE BAILLY LLP 1730 BURNT BOAT LOOP STE100 BISMARCK ND 585030886 990 2018-07-01 450231180 University of Jamestown UNIV 7012523467 6088 College Lane Jamestown ND 58405 Tena Lawrence Executive Vice President 7012523467 2019-10-07 1 Deb Nelson CPA P01264758 7012551091 2019-10-07 216.147.181.45 2019-10-07 11:25:07 CD P 38C0D8FF55FA272924E83028D6B9FABEF20E0653 6C5C7615629003FE5131C2A9D9561EECA5C1EDDC 2018 2019-02-21 02:37:17Z Jamestown College Tena Lawrence 6088 College Lane Jamestown ND 58405 45645326 0 X www.uj.edu X 1883 ND Education 31 27 944 60 5129 8317 4026284 3216597 26841863 27743242 2134320 3443339 134304 117571 33136771 34520749 10498295 10899743 0 0 13029452 13294427 0 0 1081398 10994452 11790028 34522199 35984198 -1385428 -1463449 102688813 102639298 24639170 27517175 78049643 75122123 X University of Jamestown is a community dedicated to the development of wholeness in our students. We adhere to a curriculum of academic excellence which balances the ideals of the liberal arts tradition and sound professional preparation. Our Christian tradition encourages an atmosphere of self-discipline, responsibility and concern for continuing growth of the individual. 0 0 8170918 22465680 University of Jamestown is a residential, independent, four-year, coeducational, Liberal Arts College related to the Presbyterian Church (U.S.A.). The college was chartered in 1884. The first classes began in September 1886. Throughout its more than 100-year history, Jamestown College has consistently stood for academic excellence and Christian principles in all that it does. The College offers Bachelor of Arts and Bachelor of Science degrees in 43 major areas of study, as well as 34 minors and 12 pre-professional and certification programs. The University expanded its offerings and began a doctoral program in 2013 and masters programs in 2015. University of Jamestown has been a continuous accredited member of the North Central Association since 1920.Post-Secondary Education: Instruction - Academic programs with approximately 1100 FTE students enrolled. Bachelor of Arts, Bachelor of Science, masters and doctoral degrees are awarded by the Institution. 10899743 10899743 Post-Secondary Education: Student Aid - Institutional scholarships and work programs offered to students. Aid is awarded both based upon need and scholastic achievement. 10942057 100547 Post-Secondary Education: General Administrative Support - Physical plant, general institution and administrative support. 2660102 5177015 Post-Secondary Education: Auxiliary Enterprises - Student housing, food services, and bookstore. Post-Secondary Education: Student Services - Counseling, financial aid, registrar, recruiting and academic assistance. Post-Secondary Education: Other Sponsored Programs - Athletics, choir, band. Post-Secondary Education: Library - Provide educational support via books, publications, periodicals, multimedia, and through other means to academic departments and students. 2660102 5177015 32672820 1 1 0 1 0 0 0 0 1 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 1 0 0 0 1 1515 0 1 944 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 31 27 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Tonya McIlonie Sletto 7012523467 6088 College Lane Jamestown ND 58405 James Unruh Chairman 3.00 0.10 X X 0 0 0 Steven Bietz 1st Vice Chair 2.00 0.10 X X 0 0 0 Jo-Ida Hansen 2nd Vice Chair 2.00 0.10 X X 0 0 0 Kelly Krein Trustee 1.00 0.10 X 0 0 0 James Harty Jr Trustee 1.00 0.10 X 0 0 0 Alan Berg Trustee 1.00 0.10 X 0 0 0 Ruth Denault Trustee 1.00 0.10 X 0 0 0 Kari Ness Trustee 1.00 0.10 X 0 0 0 Bart Holaday Trustee 1.00 0.10 X 0 0 0 Jim Johnson Trustee 1.00 0.10 X 0 0 0 Larry Langemo Trustee 1.00 0.10 X 0 0 0 Tessa Gould Trustee 1.00 0.10 X 0 0 0 C Alan Lindberg Trustee 1.00 0.10 X 0 0 0 David Muhs Trustee 1.00 0.10 X 0 0 0 Robert Piatz Trustee 1.00 0.10 X 0 0 0 Elmer Schindel Trustee 1.00 0.10 X 0 0 0 Jasper Schneider Trustee 1.00 0.10 X 0 0 0 H George Schuler Trustee 1.00 0.10 X 0 0 0 Jill Sisk Trustee 1.00 0.10 X 0 0 0 Todd Steinwand Trustee 1.00 0.10 X 0 0 0 Paul Sukut Trustee 1.00 0.10 X 0 0 0 William Bernhagen Trustee 1.00 0.10 X 0 0 0 Virgil Miedema Trustee 1.00 0.10 X 0 0 0 Richard Hall Trustee 1.00 0.10 X 0 0 0 Peggy Foss Trustee 1.00 0.10 X 0 0 0 Chrystal Veazey-Watson Trustee 1.00 0.10 X 0 0 0 Clark Wold Trustee 1.00 0.10 X 0 0 0 Jeff Young Trustee 1.00 0.10 X 0 0 0 Mark Wolf Trustee 1.00 0.10 X 0 0 0 MaryBeth Hegstad Ex Officio Trustee 1.00 0.10 X 0 0 0 Polly Peterson President 40.00 0.10 X X 225658 0 21450 Tena Lawrence-Senior VP of PR Mkting (July-May)/Exec. VP (June) 40.00 0.00 X 100605 0 10337 Greg Ross V.P. - Finance (July-May) 40.00 0.00 X 116385 0 4000 Paul Olson Provost 40.00 0.00 X 127660 0 11690 Dr Sara Voorhees Program Director 40.00 0.00 X 100870 0 10351 671178 0 57828 5 0 1 0 Sodexo 6014 College Lane Jamestown ND 58405 Food service provider 1967525 Hillerud Construction 311 1st Ave S Jamestown ND 58401 General Contracting 1072942 Jenzabar PO Box 55018 Boston MA 02205 Software Maintenance 281692 MFAC 1600 Division Rd West Warwick RI 02893 Contracting 160034 Two Rivers Printing 1214 10th St SE Jamestown ND 58401 Printing and mailing 128760 6 118168 3098429 176519 3216597 Tuition & Fees 611600 22465680 22465680 Auxillary Income 611710 5177015 5177015 Federal Aid Reimb 611600 28320 28320 Student Loan Interest 611600 1035 1035 71192 66063 5129 27743242 916759 916759 143466 143466 13526126 15573 11015119 0 2511007 15573 2526580 2526580 83563 118168 109458 -25895 -25895 34520749 27738113 5129 3560910 10899743 10899743 488216 141841 204534 141841 10348205 9438508 449727 459970 387306 362150 13346 11810 1374982 1245343 71066 58573 695718 622900 39081 33737 226048 226048 98112 98112 1309 1309 155092 155092 8293 8293 409278 206047 203231 1427770 1307365 21789 98616 72724 72724 1590528 1590528 434230 382302 8131 43797 36158 36158 825337 38736 786601 2350379 2336435 6972 6972 Contract Food Services 1675901 1675901 Athletics/Music Program 937242 937242 Repair & Maintenance 873328 869548 1638 2142 Auxiliary Cost of Goods 190379 190379 477920 346835 110376 20709 35984198 32672820 2229980 1081398 22903 20799 1906208 2336346 1039843 498742 269940 431638 278532 269012 45329 34461 97456603 40031520 57422052 57425083 500 500 40440708 40542857 992671 821890 270127 257970 102688813 102639298 1993900 1680895 853179 828757 877667 1039103 15773388 14693383 204880 349921 4002395 8116248 933761 808868 24639170 27517175 X 13815222 36816611 32303677 5132862 31930744 33172650 78049643 75122123 102688813 102639298 X -1463449 -1430400 -33671 X 0 1 X 1 1 1 X 1309 1309 32672820 32674129 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 6810 1309 8119 250000 250000 250000 250000 1000000 1500000 0 1 X 38686539 1215439 2031682 2439879 385685 155092 38953004 37102825 1439983 2854325 2213888 303638 193068 38686539 34534182 1195363 3704489 1823936 282804 224469 37102825 34954434 1602863 297782 1820400 267137 233360 34534182 35940393 581080 921304 1813161 428881 246301 34954434 0.14040 0.84040 0.01920 1 0 1705416 2509248 4214664 79945440 28850432 51095008 7202757 6342914 859843 6093742 4838174 1255568 57425083 Held in Trust 40542857 F 40542857 Annuities Payable 808868 808868 X 32949925 -1430400 -166319 -1596719 34546644 -25895 -25895 34520749 35855001 25895 25895 35829106 155092 155092 35984198 Part IV, Line 2b: University of Jamestown chartered clubs, student academic associations, and approved faculty and staff associations have established agency accounts. Part V, Line 4: Endowment Funds are to be invested according to the Board approved Investment Policy Statement. Distributions from the fund are also made according the Investment Policy Statement and used for the purposes set by the donors, including items such as scholarships, facility maintenance and programs. Part X, Line 2: The University is organized as a North Dakota nonprofit corporation and has been recognized by the IRS as exempt from federal income tax under IRC Section 501(a) as an organization described in IRC Section 501(c)(3), qualifies for the charitable contribution deduction, and has been determined not to be a private foundation. The University is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. In addition, the University is subject to income tax on net income that is derived from business activities that are unrelated to its exempt purpose. The University files an Exempt Organization Business Tax Return (Form 990-T) with the IRS to report its unrelated business taxable income. Part XI, Line 2d - Other Adjustments: Unrecognized Actuarial Losses -122,873. Increase in Cash Surrender Value -1,491. Trustee Fees -155,092. Change in Value of Split Interest Agreements 113,137. Part XI, Line 4b - Other Adjustments: Special Events -25,895. Part XII, Line 2d - Other Adjustments: Special Events 25,895. Part XII, Line 4b - Other Adjustments: Trustee Fees 155,092. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 University of Jamestown employs direct mail in the solicitation for students. Written communications used in the solicitation process include a statement of the University of Jamestown nondiscriminatory policy. Further, written communications used in the application process include the statement of our nondiscriminatory policy. Schedule E, Part I, Line 6 University of Jamestown receives federal funding. The major program was the Student Financial Aid cluster consisting of: Federal Pell Grant Program, Federal Work Study Program, FSEOG Program, Perkins Loan Program, Federal Direct Student Loan Program, and Parents Loans for Undergraduate Students Loan Program. Sub-Saharan Africa - Angola 0 4 Program Service Instructional 35714 Central America and the Caribbean 0 1 Program Service Instructional 19060 North America 0 1 Program Service Instructional 7353 0 6 0 0 0 6 62127 0 62127 0 0 0 0 0 0 Part I, line 3: The accrual method of accounting is used to account for expenditures. Substantiation is required for payments of all expenses. Dine & Bid 151436 114643 36793 4030 10487 27232 25608 Jimmie Scramble 50295 3525 46770 42101 201731 118168 83563 4030 10487 27232 67709 109458 -25895 1 Merit Scholarships 685 3907095 Athletic Scholarships 559 3718975 Tuition Waivers 35 416325 Fine Art Scholarships 74 197930 Other Scholarships 761 2659418 Part I, Line 2: Scholarships are awarded to students based upon criteria such as need, area of study, grade point average, among others, as established by scholarship documents and donor restrictions. Scholarships are applied to the students' accounts to help cover the costs of tuition, room, and board. X 1 1 X X X 0 0 0 0 0 0 0 0 0 Polly Peterson President 225658 0 0 0 0 0 11283 0 10215 0 247156 0 0 0 Part I, Line 1a The President receives a housing allowance which is properly reported as taxable income on the W-2. A City of Jamestown 456002099 2007-07-10 2040000 Addition to Larson Center 0 0 0 B City of Medina 456002770 2014-08-15 6500000 Student Housing Renovation & Retirement of Debt Issued 7/24/2008 0 0 0 C City of Jamestown 456002099 2015-07-23 1820000 Purchase building to house Fargo programs of study 0 0 0 D Stutsman County North Dakota 456002244 2016-11-14 8000000 Construction of Sports Arena 0 0 0 A 695000 2040000 30500 2009500 2008 0 0 1 1 B 1147253 6500000 37680 5973494 488826 2014 1 0 1 1 C 641031 1820000 23420 1796580 2015 0 0 1 1 D 1183333 8000000 25000 7975000 2017 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 1 1 Wells Fargo Bank 20.000000000000 0 0 0 0 1 B 0 0 0 0 1 0 0 0 1 C 0 0 1 0 0 0 0 0 1 D 0 0 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 Schedule K, Part II, Line 1: The amounts on line 1 represent the amount of principal reduction of the underlying note payable to the financial institution rather than actual retirement of bonds in the issue. 4 Scholarships Family Member of Trustee 28728 Scholarship Education - Financial Assistance X 8 176519 Hi-Lo Avg MV-Gift DT 0 0 1 1 Part I, Line 32b: Brokers are engaged to sell securities. Form 990, Part VI, Section A, line 1 Committees Acting on Behalf of Board: From time to time the Board of Trustees will authorize subcommittees of the board to act on their behalf. These committees are always composed of members of the governing body. The authority varies as granted by the board. Form 990, Part VI, Section A, line 2 Family Relationship: James Harty, Jr. (Trustee) and Robert Piatz (Trustee) have a family relationship Form 990, Part VI, Section B, line 11b Form 990 Review: A copy of the full Form 990 will be distributed to the full board for their review and comment prior to filing with the IRS. The full board has also delegated authority to review and approve the Form 990 to the Audit and Finance Committee, which is comprised of current board members. A final version of the full Form 990 is submitted to this committee for review and approval before filing with the IRS. Form 990, Part VI, Section B, line 12c It is the policy of University of Jamestown that no Trustee or committee member, or their family members, should derive any personal profit or gain, directly of indirectly, by reason of his or her association with University of Jamestown. Each shall disclose to the Board any personal interest which he or she, or any family member may have in any matter pending before the Board or Board Committee. Any Trustee who is uncertain about a possible conflict of interest in any matter may request the Executive Committee for an advance determination whether a conflict of interest exists. Disclosure statements shall be submitted annually to the Chair of the Board of Trustees, who with the President shall be responsible for the administration of the policy. A Trustee, Board Committee member or officer who has declared or been found to have a conflict of interest in any proposed action or matter shall refrain from participating in consideration except to provide information as requested by a Trustee. He or she shall not vote on the matter and, if so requested by the Chair or any Trustee, shall not be present at the time of discussion and/or vote. Form 990, Part VI, Section B, line 15 Compensation Process: Annually, the Independent Personnel Committee reviews compensation and submits recommended changes to the full Board for approval. The committee uses various peer and industry surveys for comparability data, including College and University Professionals Association Human Resources information. The recommended changes and approval are documented in the board meeting minutes. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy, and financial statements are available to the public upon request. Form 990, Part XI, line 9: (Increase) Decrease in CSV -1,491. Actuarial Gain (Loss) on Annuity Obligations -122,873. Change in Swap Liability -22,444. Change in Value of Split Interest Agreements 113,137. Jamestown College Foundation 6082 College Lane Jamestown ND 58405 363447067 Fundraising ND 501(c)(3) Line 12a, I University of Jamestown 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0