DRAKE UNIVERSITY: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- DRAKE UNIVERSITY (EIN 42-0680460)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2019-02-06
- IRS object ID
- 201920379349300432
- Schema version
- 2017v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-02-06T13:50:31-06:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 FIRST ST SE SUITE 800 | AddressLine1Txt |
| City | CEDAR RAPIDS | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 52401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420680460 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DRAKE UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DRAK | BusinessNameControlTxt |
| Phone | 5152713112 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2507 UNIVERSITY AVE | AddressLine1Txt |
| City | DES MOINES | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 50311 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TERESA KREJCI | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 5152713112 | PhoneNum |
| Signature | 2019-02-01 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CARLEY UMSTEAD | PreparerPersonNm |
| PTIN | P00982177 | PTIN |
| Phone | 3192985333 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 108.171.131.186 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-02-01 | IPDt |
| IP Tm | 10:46:51 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | D60D947A54053FF5DEA0CE90B489EB9643D1C695 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | F4FD3183032799C85F536FFDB832C73EA3E44CD9 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | EARL F MARTIN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2507 UNIVERSITY AVE | AddressLine1Txt |
| City | DES MOINES | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 50311 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $418,881,749 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.DRAKE.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1881 | FormationYr |
| Legal Domicile State | IA | LegalDomicileStateCd |
| Activity Or Mission | SEE SCHEDULE O | ActivityOrMissionDesc |
| Voting Members Governing Body | 36 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 35 | VotingMembersIndependentCnt |
| Total Employee | 3496 | TotalEmployeeCnt |
| Total Volunteers | 4594 | TotalVolunteersCnt |
| Total Gross UBI | $369,522 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $110,614 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $32,917,533 | PYContributionsGrantsAmt |
| CY Contributions Grants | $30,393,499 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $171,058,260 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $173,339,036 | CYProgramServiceRevenueAmt |
| PY Investment Income | $6,319,569 | PYInvestmentIncomeAmt |
| CY Investment Income | $26,522,484 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,685,405 | PYOtherRevenueAmt |
| CY Other Revenue | $654,135 | CYOtherRevenueAmt |
| PY Total Revenue | $212,980,767 | PYTotalRevenueAmt |
| CY Total Revenue | $230,909,154 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $60,517,336 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $63,036,604 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $91,645,893 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $95,429,316 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,530,483 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $51,123,573 | PYOtherExpensesAmt |
| CY Other Expenses | $54,108,773 | CYOtherExpensesAmt |
| PY Total Expenses | $203,286,802 | PYTotalExpensesAmt |
| CY Total Expenses | $212,574,693 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $9,693,965 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $18,334,461 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $485,043,518 | TotalAssetsBOYAmt |
| Total Assets EOY | $500,363,401 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $115,368,339 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $121,454,856 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $369,675,179 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $378,908,545 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $198,473,715 | ExpenseAmt |
| Grant | $63,036,604 | GrantAmt |
| Revenue | $156,034,710 | RevenueAmt |
| Desc | DRAKE UNIVERSITY IS A NATIONAL COEDUCATIONAL, INDEPENDENT AND PRIVATE UNIVERSITY WITH OVER 5,000 STUDENTS. DRAKE IS ACCREDITED BY THE HIGHERLEARNING COMMISSION OF THE NORTH CENTRAL ASSOCIATION OF SCHOOLS AND COLLEGES. | Desc |
| Total Program Service Expenses | $198,473,715 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 9627 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 3496 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | CA | ForeignCountryCd |
| Foreign Country | CJ | ForeignCountryCd |
| Foreign Country | GK | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | Yes (1) | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 2 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 36 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 35 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TERESA KREJCI | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5152713112 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2507 UNIVERSITY AVENUE | AddressLine1Txt |
| City | DES MOINES | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 50311 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (46 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| EMILY ABBAS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOE AIELLO | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JONATHAN AZU | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DOUGLAS BRUCE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SUZIE BURT | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHNNIE CARSON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD S CUSAC | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DON DECKER | |||||||
| TRUSTEE (UNTIL 4/2018) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PAUL DOUCETTE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM M DRURY JR | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK ERNST | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PEGGY FISHER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID GOLDER | |||||||
| TRUSTEE & BOARD CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| CAIN HAYES | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ALEJANDRO HERNANDEZ | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ANNE HILTON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DANIEL E JACOBI | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GREG JOHANSEN | |||||||
| TRUSTEE & BOARD VICE CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| WILLIAM CLARE KNAPP II | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CATHRYN LACY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JUSTICE DOUGLAS S LANG | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PAUL W LEAVITT | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CYNTHIA LESHER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PATRICK MEYER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID MILES | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SUKU RADIA | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PAUL SCHICKLER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BRENT SLAY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM E SMITH | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RUDOLPH D TREBELS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BENJAMIN ULLEM | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| IKE VANDEN EYKEL | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JIM WALLACE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LINDSAY WHORTON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ANDREW WRIGHT | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LARRY ZIMPLEMAN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| EARL F MARTIN III | |||||||
| PRESIDENT | 40.00 | Yes (X) | $437,548 | $0 | $176,437 | Yes (X) | |
| HELEN TERESA KREJCI | |||||||
| CHIEF FINANCIAL OFFICER & TREASURER | 40.00 | $155,447 | $0 | $24,452 | Yes (X) | ||
| SUE MATTISON | |||||||
| PROVOST | 40.00 | $207,715 | $0 | $29,315 | Yes (X) | ||
| JOHN SMITH | |||||||
| VICE PRESIDENT & SECRETARY | 40.00 | $200,466 | $0 | $28,483 | Yes (X) | ||
| VENESSA KUHLMANN-MACRO | |||||||
| CHIEF ADMINISTRATION OFFICER | 40.00 | $159,922 | $0 | $25,292 | Yes (X) | ||
| NIKO MEDVED | |||||||
| HEAD COACH - MEN'S BASKETBALL | 40.00 | $336,752 | $0 | $46,579 | Yes (X) | ||
| ALLAN VESTAL | |||||||
| PROFESSOR OF LAW | 40.00 | $259,509 | $0 | $32,489 | Yes (X) | ||
| JERRY ANDERSON | |||||||
| DEAN - LAW SCHOOL | 40.00 | $238,122 | $0 | $31,943 | Yes (X) | ||
| C KENNETH MEYER | |||||||
| PROFESSOR OF PUBLIC ADMINISTRATION | 40.00 | $203,070 | $0 | $64,054 | Yes (X) | ||
| SANDRA H CLUBB | |||||||
| ATHLETIC DIRECTOR (UNTIL 08/17) | 40.00 | $224,948 | $0 | $21,349 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,423,499 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $480,393 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 135 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| THE WEITZ COMPANY LLC | |||||
| 5901 THORNTON AVE | DES MOINES | IA | 50321 | CONSTRUCTION PROJECTS | $9,438,153 |
| SODEXO INC AND AFFILIATES | |||||
| 2875 UNIVERSITY AVE | DES MOINES | IA | 50311 | FOOD SERVICE | $6,587,469 |
| DES MOINES PUBLIC SCHOOLS | |||||
| 1800 GRAND AVE | DES MOINES | IA | 50309 | HEAD START PROGRAM | $1,921,976 |
| CONFERENCE TECHNOLOGIES INC | |||||
| 11653 ADIE RD | MARYLAND HEIGHTS | MO | 63043 | AUDIO AND AV SYSTEM PROJECTS | $1,118,050 |
| PIGOTT | |||||
| PO BOX 8465 | DES MOINES | IA | 50301 | FURNITURE PROJECT | $1,055,908 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 88 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $322,564 | FundraisingAmt |
| Government Grants | $13,281,124 | GovernmentGrantsAmt |
| All Other Contributions | $16,789,811 | AllOtherContributionsAmt |
| Noncash Contributions | $3,650,024 | NoncashContributionsAmt |
| Total Contributions | $30,393,499 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| STUDENT TUITION & FEES | 611710 | $150,321,623 | $150,321,623 | |
| CONTRACT MEALS - FOOD | 722100 | $8,306,053 | $8,306,053 | |
| CONTRACT INCOME - RES | 721310 | $7,881,823 | $7,881,823 | |
| SPORTS INCOME | 711210 | $5,244,323 | $5,244,323 | |
| PARKING FEES | 812930 | $468,764 | $468,764 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,116,450 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $284,025 | UnrelatedBusinessRevenueAmt |
| Exclusion | $832,425 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $173,339,036 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,682,111 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $24,069 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,658,042 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,073 | TotalRevenueColumnAmt |
| Exclusion | $13,073 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,046,576 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $483,120 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $563,456 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $563,456 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $38,346 | UnrelatedBusinessRevenueAmt |
| Exclusion | $525,110 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $211,181,947 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $187,146,965 | SecuritiesAmt |
| Other | $194,609 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $24,034,982 | SecuritiesAmt |
| Other | -$194,609 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,840,373 | TotalRevenueColumnAmt |
| Exclusion | $23,840,373 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $191,172 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $322,564 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $147,901 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $43,271 | TotalRevenueColumnAmt |
| Exclusion | $43,271 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| OTHER INCOME | 611710 | $11,253 | $11,253 | |
| ALUMNI FEES | 611710 | $10,390 | $10,390 | |
| PROGRAM SALES | 511120 | $9,870 | $9,870 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,822 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $2,822 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $34,335 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $230,909,154 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $156,034,710 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $369,522 | UnrelatedBusinessRevenueAmt |
| Exclusion | $44,111,423 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,036,604 | TotalAmt |
| Program Services | $63,036,604 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,380,075 | TotalAmt |
| Program Services | $239,834 | ProgramServicesAmt |
| Management And General | $906,227 | ManagementAndGeneralAmt |
| Fundraising | $234,014 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,867,984 | TotalAmt |
| Program Services | $65,755,557 | ProgramServicesAmt |
| Management And General | $3,396,267 | ManagementAndGeneralAmt |
| Fundraising | $1,716,160 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,732,182 | TotalAmt |
| Program Services | $4,304,414 | ProgramServicesAmt |
| Management And General | $288,461 | ManagementAndGeneralAmt |
| Fundraising | $139,307 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,399,015 | TotalAmt |
| Program Services | $12,200,136 | ProgramServicesAmt |
| Management And General | $837,452 | ManagementAndGeneralAmt |
| Fundraising | $361,427 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,050,060 | TotalAmt |
| Program Services | $4,608,480 | ProgramServicesAmt |
| Management And General | $310,818 | ManagementAndGeneralAmt |
| Fundraising | $130,762 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $482,395 | TotalAmt |
| Program Services | $482,395 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $225,599 | TotalAmt |
| Management And General | $225,599 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $457,789 | TotalAmt |
| Management And General | $457,789 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,537,324 | TotalAmt |
| Program Services | $6,537,324 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $701,439 | TotalAmt |
| Program Services | $668,966 | ProgramServicesAmt |
| Management And General | $375 | ManagementAndGeneralAmt |
| Fundraising | $32,098 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $779,226 | TotalAmt |
| Program Services | $640,228 | ProgramServicesAmt |
| Management And General | $22,583 | ManagementAndGeneralAmt |
| Fundraising | $116,415 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,619,938 | TotalAmt |
| Program Services | $4,431,829 | ProgramServicesAmt |
| Management And General | $103,089 | ManagementAndGeneralAmt |
| Fundraising | $85,020 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,419,676 | TotalAmt |
| Program Services | $2,419,676 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,617,659 | TotalAmt |
| Program Services | $8,617,659 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,509,730 | TotalAmt |
| Program Services | $1,466,690 | ProgramServicesAmt |
| Management And General | $29,696 | ManagementAndGeneralAmt |
| Fundraising | $13,344 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| CONTRACTS & LEASES | $11,976,606 | $11,239,167 | $320,258 | $417,181 |
| DUES & SUBSCRIPTIONS | $3,015,988 | $2,981,334 | $24,160 | $10,494 |
| SUPPLIES | $2,303,788 | $1,706,873 | $589,191 | $7,724 |
| INCOME TAX | $46,463 | $46,463 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,415,153 | TotalAmt |
| Program Services | $7,136,549 | ProgramServicesAmt |
| Management And General | $3,012,067 | ManagementAndGeneralAmt |
| Fundraising | $266,537 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $212,574,693 | TotalAmt |
| Program Services | $198,473,715 | ProgramServicesAmt |
| Management And General | $10,570,495 | ManagementAndGeneralAmt |
| Fundraising | $3,530,483 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,875,281 | BOYAmt |
| EOY | $27,678,729 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,788,651 | BOYAmt |
| EOY | $9,638,532 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,707,707 | BOYAmt |
| EOY | $13,651,225 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,522,316 | BOYAmt |
| EOY | $3,524,139 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,522,174 | BOYAmt |
| EOY | $15,411,163 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,746 | BOYAmt |
| EOY | $63,387 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,128,902 | BOYAmt |
| EOY | $2,180,417 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $362,451,232 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $144,454,568 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $212,687,261 | BOYAmt |
| EOY | $217,996,664 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $121,558,748 | BOYAmt |
| EOY | $110,130,092 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $75,069,763 | BOYAmt |
| EOY | $100,089,053 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $125,969 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $485,043,518 | BOYAmt |
| EOY | $500,363,401 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,234,690 | BOYAmt |
| EOY | $25,814,968 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,060,639 | BOYAmt |
| EOY | $12,821,090 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,285,442 | BOYAmt |
| EOY | $9,826,189 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,026,186 | BOYAmt |
| EOY | $65,704,792 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,761,382 | BOYAmt |
| EOY | $7,287,817 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,368,339 | BOYAmt |
| EOY | $121,454,856 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $188,166,206 | BOYAmt |
| EOY | $193,171,832 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,271,789 | BOYAmt |
| EOY | $41,443,274 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $139,237,184 | BOYAmt |
| EOY | $144,293,439 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $369,675,179 | BOYAmt |
| EOY | $378,908,545 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $485,043,518 | BOYAmt |
| EOY | $500,363,401 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $18,334,461 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$13,057,627 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $3,956,532 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $29,446,312 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $40,047,707 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $33,291,830 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $32,917,533 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $30,393,499 | CurrentTaxYearAmt |
| Total | $166,096,881 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $29,446,312 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $40,047,707 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $33,291,830 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $32,917,533 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $30,393,499 | CurrentTaxYearAmt |
| Total | $166,096,881 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $3,223,378 | SubstantialContributorsTotAmt |
| Public Support Total170 | $162,873,503 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,123,709 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,960,852 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,048,789 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,982,633 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,741,760 | CurrentTaxYearAmt |
| Total | $20,857,743 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $53,815 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $43,245 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $95,014 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $192,074 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $187,146,698 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $842,318,905 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.87030 | PublicSupportCY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
Collection Used Other Purposes CollectionUsedOtherPurposesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Other Purposes | Yes (X) | CollectionUsedOtherPurposesInd |
| Other Purposes | EDUCATION | OtherPurposesDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $210,592,820 | BeginningYearBalanceAmt |
| Contributions | $5,178,528 | ContributionsAmt |
| Investment Earnings Or Losses | $14,138,813 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $4,174,603 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,769,718 | OtherExpendituresAmt |
| Administrative Expenses | $471,508 | AdministrativeExpensesAmt |
| End Year Balance | $219,494,332 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $192,173,283 | BeginningYearBalanceAmt |
| Contributions | $7,781,719 | ContributionsAmt |
| Investment Earnings Or Losses | $20,234,785 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,823,883 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,610,757 | OtherExpendituresAmt |
| Administrative Expenses | $162,327 | AdministrativeExpensesAmt |
| End Year Balance | $210,592,820 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $196,490,294 | BeginningYearBalanceAmt |
| Contributions | $8,346,657 | ContributionsAmt |
| Investment Earnings Or Losses | -$3,494,442 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,586,944 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,395,796 | OtherExpendituresAmt |
| Administrative Expenses | $186,486 | AdministrativeExpensesAmt |
| End Year Balance | $192,173,283 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $186,283,378 | BeginningYearBalanceAmt |
| Contributions | $12,618,946 | ContributionsAmt |
| Investment Earnings Or Losses | $6,283,522 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,416,009 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,109,183 | OtherExpendituresAmt |
| Administrative Expenses | $170,360 | AdministrativeExpensesAmt |
| End Year Balance | $196,490,294 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $169,021,448 | BeginningYearBalanceAmt |
| Contributions | $2,003,514 | ContributionsAmt |
| Investment Earnings Or Losses | $23,420,674 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,054,300 | GrantsOrScholarshipsAmt |
| Other Expenditures | $4,928,308 | OtherExpendituresAmt |
| Administrative Expenses | $179,650 | AdministrativeExpensesAmt |
| End Year Balance | $186,283,378 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.26510 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.64150 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.09340 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $8,393,618 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $24,528,736 | OtherCostOrOtherBasisAmt |
| Book Value | $32,922,354 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $248,422,071 | OtherCostOrOtherBasisAmt |
| Depreciation | $99,097,056 | DepreciationAmt |
| Book Value | $149,325,015 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $71,358,787 | OtherCostOrOtherBasisAmt |
| Depreciation | $45,357,512 | DepreciationAmt |
| Book Value | $26,001,275 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,748,020 | OtherCostOrOtherBasisAmt |
| Book Value | $9,748,020 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $217,996,664 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| CASH SURRENDER VALUE - LIFE INSURANCE | $4,126,497 | F |
| FUNDS HELD IN TRUST BY OTHERS | $10,907,412 | F |
| PRIVATE EQUITY FUNDS | $72,325,438 | F |
| PRIVATE COMMINGLED BOND FUNDS | $12,729,706 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $100,089,053 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| ANNUITIES PAYABLE | $1,237,603 |
| INTEREST RATE SWAP AGREEMENT LIABILITY | $3,988,985 |
| REAL ESTATE DEPOSITS | $74,913 |
| AGENCY FUND | $261,504 |
| FIN 47 LIABILITY | $1,724,812 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $7,287,817 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $158,919,356 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$13,057,627 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $3,956,533 | OtherRevenueAmt |
| Revenue Not Reported | -$9,101,094 | RevenueNotReportedAmt |
| Revenue Subtotal | $168,020,450 | RevenueSubtotalAmt |
| Other Revenues Not Included | $62,888,703 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $62,888,703 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $230,909,153 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $149,685,990 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $147,901 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $147,901 | ExpensesNotReportedAmt |
| Expenses Subtotal | $149,538,089 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $63,036,604 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $63,036,604 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $212,574,693 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 1A: | WORKS OF ART - THE UNIVERSITY MAINTAINS SEVERAL COLLECTIONS, WHICH ARE NOT REPORTED FOR FINANCIAL STATEMENT PURPOSES. THESE COLLECTIONS INCLUDE WORKS OF ART, NATURAL HISTORY (ARTIFACTS) AND OTHER SIMILAR OBJECTS. COLLECTIONS ARE HELD FOR PUBLIC EXHIBITION, EDUCATION AND RESEARCH IN FURTHERANCE OF THE UNIVERSITY'S GOAL TO PROVIDE PUBLIC SERVICE. VARIOUS UNIVERSITY DEPARTMENTS HAVE THE RESPONSIBILITY TO CONTROL, PRESERVE AND PROTECT THESE COLLECTIONS. |
| PART III, LINE 4: | COLLECTIONS ARE HELD FOR PUBLIC EXHIBITION, EDUCATION AND RESEARCH IN FURTHERANCE OF THE UNIVERSITY'S GOAL TO PROVIDE PUBLIC SERVICE. |
| PART V, LINE 4: | THE UNIVERSITY'S ENDOWMENT CONSISTS OF DONOR GIFTS PLUS OTHER BOARD DESIGNATED FUNDS WHICH ARE DEEMED TO BE HELD AND INVESTED IN PERPETUITY. THE BOARD OF TRUSTEES APPROVES A SPENDING POLICY ANNUALLY FOR THE ENDOWMENT. ENDOWMENT EARNINGS ARE SPENT ON SCHOLARSHIPS AND AWARDS, GENERAL EDUCATION SUPPORT AND LIBRARIES, GENERAL UNIVERSITY OPERATIONS, AND FACULTY CHAIRS AND PROFESSORSHIPS IN ACCORDANCE WITH DONOR STIPULATIONS AND BOARD RESTRICTIONS. |
| PART X, LINE 2: | GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE UNIVERSITY AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE UNIVERSITY HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE UNIVERSITY, AND HAS CONCLUDED THAT AS OF JUNE 30, 2018 AND 2017, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE UNIVERSITY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -25,738. CHANGE IN VALUE OF INTEREST RATE SWAP AGREEMENTS 1,412,008. POST-RETIREMENT BENEFIT PLAN RELATED CHANGES 2,570,263. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS 63,036,604. FUNDRAISING EVENT EXPENSES -147,901. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EVENT EXPENSES 147,901. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS 63,036,604. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | 0 | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | DRAKE UNIVERSITY DOES NOT UNLAWFULLY DISCRIMINATE ON THE BASIS OF SEX, COLOR, RELIGION, NATIONAL OR ETHNIC ORIGINS, AGE, SEXUAL ORIENTATION, DISABILITY OR VETERAN DISABILITY STATUS IN ADMINISTRATION OF ITS POLICIES ENCOMPASSING THE ENTIRE UNIVERSITY. DRAKE RESERVES THE RIGHT TO TAKE AFFIRMATIVE ACTION IN CONNECTION WITH THIS POLICY. DRAKE UNIVERSITY IS NOT REQUIRED TO PUBLICIZE ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH NEWSPAPER OR BROADCAST MEDIA DURING REGISTRATION BECAUSE PARAGRAPH 4.03(2)(B) OF REV. PROC. 75-50 APPLIES. THE NONDISCRIMINATORY POLICY IS INCLUDED ON THE UNIVERSITY WEBSITE AND ON THE HOMEPAGE THROUGH THE POLICY LIBRARY AND NONDISCRIMINATION & ACCESSIBILITY LINKS. |
| SCHEDULE E, PART I, LINE 6 | DRAKE RECEIVES TITLE IV FINANCIAL AID FOR STUDENTS FROM THE DEPARTMENT OF EDUCATION PELL GRANT PROGRAM, SEOG, WORK STUDY PROGRAM, PERKINS LOAN PROGRAM AND DIRECT LOAN PROGRAM. DRAKE RECEIVES STATE-FUNDED STUDENT ASSISTANCE FROM IOWA TUITION GRANT AND ALL IOWA OPPORTUNITY SCHOLARSHIP PROGRAMS. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (10 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | PROGRAM SERVICES | LAW SCHOOL SUMMER PROGRAM FOR EDUCATIONAL CREDIT. SHORT-TERM INSTRUCTIONAL TRIPS FOR EDUCATIONAL CREDIT. | $261,444 |
| SOUTH AMERICA | 0 | 0 | PROGRAM SERVICES | SHORT-TERM INSTRUCTIONAL TRIPS FOR EDUCATIONAL CREDIT. | $37,306 |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | PROGRAM SERVICES | SHORT-TERM INSTRUCTIONAL TRIPS FOR EDUCATIONAL CREDIT. | $120,580 |
| NORTH AMERICA | 0 | 0 | PROGRAM SERVICES | SHORT-TERM INSTRUCTIONAL TRIPS FOR EDUCATIONAL CREDIT. | $60,135 |
| SUB-SAHARAN AFRICA | 0 | 1 | PROGRAM SERVICES | SHORT-TERM INSTRUCTIONAL TRIPS FOR EDUCATIONAL CREDIT. | $158,642 |
| SOUTH ASIA | 0 | 0 | PROGRAM SERVICES | SHORT-TERM INSTRUCTIONAL TRIPS FOR EDUCATIONAL CREDIT. | $73,772 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | PROGRAM SERVICES | SHORT-TERM INSTRUCTIONAL TRIPS FOR EDUCATIONAL CREDIT. | $548,897 |
| MIDDLE EAST AND NORTH AFRICA | 0 | 0 | PROGRAM SERVICES | SHORT-TERM INSTRUCTIONAL TRIPS FOR EDUCATIONAL CREDIT. | $72,420 |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTMENTS | $31,498,000 | |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | INVESTMENTS | $699,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 1 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 1 | TotalEmployeeCnt |
| Subtotal Spent | $1,333,196 | SubtotalSpentAmt |
| Continuation Spent | $32,197,000 | ContinuationSpentAmt |
| Total Spent | $33,530,196 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE FOREIGN EXPENDITURES ARE ACCOUNTED FOR ON AN ACCRUAL METHOD, WHICH IS THE SAME METHOD THAT IS USED ON THE UNIVERSITY'S FINANCIAL STATEMENTS. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | RAY CENTER FUNDRAISING DINNER | Event1Nm |
| Gross Receipts Event1 | $405,314 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $322,564 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $82,750 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $54,335 | NonCashPrizesEvent1Amt |
| Food And Beverage Event1 | $43,419 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $26,324 | OtherDirectExpensesEvent1Amt |
| Event2 | RAISE THE PURSE LUNCH | Event2Nm |
| Gross Receipts Event2 | $55,422 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $55,422 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $3,520 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $6,866 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $53,000 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $53,000 | GrossRevenueOtherEventsAmt |
| Non Cash Prizes Other Events | $12,225 | NonCashPrizesOtherEventsAmt |
| Food And Beverage Other Events | $221 | FoodAndBeverageOtherEventsAmt |
| Oth Direct Expnss Other Events | $991 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $513,736 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $322,564 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $191,172 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $66,560 | NonCashPrizesTotalEventsAmt |
| Food And Beverage Total Events | $47,160 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $34,181 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $147,901 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $43,271 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| DRAKE UNIVERSITY AWARDED STUDENT AID | 3312 | $59,453,181 |
| RESTRICTED/ENDOWED SCHOLARSHIPS | 831 | $3,583,423 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | DRAKE UNIVERSITY HAS EMPLOYEES DEDICATED TO POST-AWARD REVIEW AND COMPLIANCE FOR ALL FEDERAL, STATE, AND PRIVATE GRANTS RECEIVED. IN ADDITION, DRAKE RECEIVES AN A-133 AUDIT ON AN ANNUAL BASIS FROM THE EXTERNAL AUDIT FIRM. OUR FY18 A-133 AUDIT EXPRESSED AN UNQUALIFIED OPINION WITH NO FINDINGS, NO SIGNIFICANT DEFICIENCIES IN INTERNAL CONTROL, AND NO INSTANCES OF MATERIAL NONCOMPLIANCE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EARL F MARTIN III | ||||||||||||||
| PRESIDENT | $358,582 | $0 | $66,096 | $0 | $12,870 | $0 | $76,680 | $0 | $99,757 | $0 | $613,985 | $0 | $0 | $0 |
| HELEN TERESA KREJCI | ||||||||||||||
| CHIEF FINANCIAL OFFICER & TREASURER | $146,528 | $0 | $7,500 | $0 | $1,419 | $0 | $12,186 | $0 | $12,266 | $0 | $179,899 | $0 | $0 | $0 |
| SUE MATTISON | ||||||||||||||
| PROVOST | $204,201 | $0 | $0 | $0 | $3,514 | $0 | $16,800 | $0 | $12,515 | $0 | $237,030 | $0 | $0 | $0 |
| JOHN SMITH | ||||||||||||||
| VICE PRESIDENT & SECRETARY | $194,331 | $0 | $0 | $0 | $6,135 | $0 | $16,010 | $0 | $12,473 | $0 | $228,949 | $0 | $0 | $0 |
| VENESSA KUHLMANN-MACRO | ||||||||||||||
| CHIEF ADMINISTRATION OFFICER | $154,065 | $0 | $5,000 | $0 | $857 | $0 | $12,909 | $0 | $12,383 | $0 | $185,214 | $0 | $0 | $0 |
| NIKO MEDVED | ||||||||||||||
| HEAD COACH - MEN'S BASKETBALL | $320,498 | $0 | $5,300 | $0 | $10,954 | $0 | $21,600 | $0 | $24,979 | $0 | $383,331 | $0 | $0 | $0 |
| ALLAN VESTAL | ||||||||||||||
| PROFESSOR OF LAW | $255,927 | $0 | $0 | $0 | $3,582 | $0 | $20,116 | $0 | $12,373 | $0 | $291,998 | $0 | $0 | $0 |
| JERRY ANDERSON | ||||||||||||||
| DEAN - LAW SCHOOL | $235,421 | $0 | $0 | $0 | $2,701 | $0 | $19,298 | $0 | $12,645 | $0 | $270,065 | $0 | $0 | $0 |
| C KENNETH MEYER | ||||||||||||||
| PROFESSOR OF PUBLIC ADMINISTRATION | $201,785 | $0 | $0 | $0 | $1,285 | $0 | $11,655 | $0 | $52,399 | $0 | $267,124 | $0 | $0 | $0 |
| SANDRA H CLUBB | ||||||||||||||
| ATHLETIC DIRECTOR (UNTIL 08/17) | $145,591 | $0 | $25,000 | $0 | $54,357 | $0 | $11,995 | $0 | $9,354 | $0 | $246,297 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | A UNIVERSITY-OWNED RESIDENCE IS PROVIDED TO THE PRESIDENT. THIS IS A CONDITION OF EMPLOYMENT AND IS FOR THE CONVENIENCE OF THE EMPLOYER. THE RESIDENCE IS USED FOR MANY UNIVERSITY FUNCTIONS, MEALS, AND RECEPTIONS INVOLVING FACULTY, STAFF, STUDENTS, DONORS, AND THE GENERAL PUBLIC THROUGHOUT THE YEAR. A SOCIAL CLUB MEMBERSHIP IS PROVIDED TO THE PRESIDENT, HEAD MEN'S BASKETBALL COACH AND ATHLETIC DIRECTOR FOR UNIVERSITY BUSINESS. ANY EXPENSES INCURRED THAT ARE NOT RELATED TO UNIVERSITY BUSINESS ARE PAID FOR PERSONALLY BY THE INDIVIDUALS. THE HEAD MEN'S BASKETBALL COACH OCCASIONALLY TRAVELS BY CHARTER WITH THE MEN'S BASKETBALL TEAM TO SCHEDULED EVENTS AND WITH STAFF ON RECRUITING TRIPS. THE UNIVERSITY DOES NOT PROVIDE FIRST CLASS TRAVEL. TRAVEL FOR COMPANIONS IS PROVIDED IF IT IS NECESSARY FOR BUSINESS PURPOSES. |
| PART I, LINES 4A-B | (4A) SANDRA CLUBB RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $49,980 UPON DISCONTINUING EMPLOYMENT WITH THE UNIVERSITY. (4B) THE ORGANIZATION MAINTAINS A NON-QUALIFIED DEFERRED COMPENSATION PLAN UNDER SECTION 457(F) OF THE INTERNAL REVENUE CODE. THE PLAN PROVIDES FOR THE ORGANIZATION TO MAKE CONTRIBUTIONS FOR ELIGIBLE EMPLOYEES. CONTRIBUTIONS DURING THE YEAR TOTALED $55,080 FOR EARL F. MARTIN, PRESIDENT. THERE WERE NO DISTRIBUTIONS FROM THE PLAN DURING THE YEAR. |
| PART I, LINE 7 | TERESA KREJCI AND VENESSA KUHLMAN-MACRO RECEIVED DISCRETIONARY NONFIXED BONUS PAYMENTS DETERMINED BY THE PRESIDENT. ALL OTHER REPORTED BONUS PAYMENTS ARE SPECIFIED IN RESPECTIVE INDIVIDUAL'S EMPLOYMENT CONTRACT AND ARE BASED ON SPECIFIC CRITERIA. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| IOWA HIGHER EDUCATION LOAN AUTHORITY | ||||||||
| A | 421235696 | 4624604F0 | 2016-04-28 | $33,422,431 | CONSTRUCT FACILITY & REFUND ISSUE (4/5/07) | 0 | 0 | 0 |
| IOWA HIGHER EDUCATION LOAN AUTHORITY | ||||||||
| B | 421235696 | 2017-01-18 | $15,200,000 | CONSTRUCT, RENOVATE & EQUIP FACILITY | 0 | 0 | 0 | |
| IOWA HIGHER EDUCATION LOAN AUTHORITY | ||||||||
| C | 421235696 | 2017-02-07 | $29,695,000 | REFUND PRIOR ISSUE (4/30/08) | 0 | 0 | 0 | |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Capitalized InterestCapitalizedInterestAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | UnspentUnspentAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $3,325,000 | $33,478,225 | $4,649 | $411,264 | $22,003,556 | $11,058,756 | 0 | Yes (1) | Yes (1) | Yes (1) | |
| B | $2,300,000 | $15,208,211 | $116,500 | $14,367,015 | 0 | 0 | 0 | Yes (1) | $724,696 | ||
| C | $4,515,000 | $29,695,000 | $170,000 | $29,525,000 | Yes (1) | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | Yes (1) | 0 | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | Yes (1) | Yes (1) | Yes (1) | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE K, PART IV, ARBITRAGE, LINE 2C | (A) ISSUER NAME: IOWA HIGHER EDUCATION LOAN AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 04/01/2018 (A) ISSUER NAME: IOWA HIGHER EDUCATION LOAN AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 08/07/2017 |
| PART II, LINE 3 | THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN (E) DUE TO INVESTMENT EARNINGS. |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 175 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,810,383 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | STOCK EXCHANGE | MethodOfDeterminingRevenuesTxt |
Real Estate Other RealEstateOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $728,750 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | PROGRAM EQUIPMENT & RESOURCES | 266 | $96,191 | ITEMS < 5,000 EACH |
| Yes (X) | PROGRAM EQUIPMENT & RESOURCES | 2 | $14,700 | ACTUAL COST |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 1 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | ORGANIZATION IS REPORTING NUMBER OF CONTRIBUTIONS. |
| PART I, LINE 32B: | DRAKE UNIVERSITY HIRED A FARM REAL ESTATE SERVICES FIRM TO BROKER THE SALE OF TWO FARMS THAT WERE DONATED TO THE UNIVERSITY. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART I, LINE 1 | DRAKE'S MISSION IS TO PROVIDE AN EXCEPTIONAL LEARNING ENVIRONMENT THAT PREPARES STUDENTS FOR MEANINGFUL PERSONAL LIVES, PROFESSIONAL ACCOMPLISHMENTS, AND RESPONSIBLE GLOBAL CITIZENSHIP. THE DRAKE EXPERIENCE IS DISTINGUISHED BY COLLABORATIVE LEARNING AMONG STUDENTS, FACULTY, AND STAFF AND BY THE INTEGRATION OF THE LIBERAL ARTS AND SCIENCES WITH PROFESSIONAL PREPARATION. |
| FORM 990, PART III, LINE 1 | DRAKE'S MISSION IS TO PROVIDE AN EXCEPTIONAL LEARNING ENVIRONMENT THAT PREPARES STUDENTS FOR MEANINGFUL PERSONAL LIVES, PROFESSIONAL ACCOMPLISHMENTS, AND RESPONSIBLE GLOBAL CITIZENSHIP. THE DRAKE EXPERIENCE IS DISTINGUISHED BY COLLABORATIVE LEARNING AMONG STUDENTS, FACULTY, AND STAFF AND BY THE INTEGRATION OF THE LIBERAL ARTS AND SCIENCES WITH PROFESSIONAL PREPARATION. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE BOARD AUDIT COMMITTEE IS CHARGED WITH REVIEW OF THE FORM 990 ON BEHALF OF THE ENTIRE BOARD OF TRUSTEES. UPON COMPLETION OF THE CURRENT YEAR'S RETURN, BUSINESS & FINANCE STAFF, ALONG WITH DRAKE'S EXTERNAL TAX FIRM REVIEWED THE COMPLETED FORM 990 WITH THE AUDIT COMMITTEE. A COPY OF THE COMPLETE FORM 990 WAS MADE AVAILABLE TO EACH MEMBER OF THE BOARD OF TRUSTEES VIA THE BOARD PORTAL PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | A CONFLICT OF INTEREST FORM IS ANNUALLY COMPLETED BY EACH DRAKE UNIVERSITY TRUSTEE, OFFICER, AND KEY ADMINISTRATOR. THE FORM IS COLLECTED BY THE PRESIDENT'S OFFICE WHICH ENSURES ALL REQUESTED FORMS ARE RECEIVED. THE RESULTS ARE SENT TO THE OFFICE OF THE CHIEF FINANCIAL OFFICER FOR FURTHER REVIEW AND MONITORING AS NEEDED. INFORMATION REPORTED ON THE FORMS IS ALSO PROVIDED TO THE AUDIT COMMITTEE ANNUALLY FOR REVIEW, ASSESSMENT, AND MONITORING AS NEEDED. |
| FORM 990, PART VI, SECTION B, LINE 15 | DRAKE UNIVERSITY PARTICIPATES ANNUALLY IN THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA-HR) SALARY SURVEYS. THE ADMINISTRATIVE SALARY SURVEY REPORTS BASE SALARY INFORMATION FOR SENIOR LEVEL ADMINISTRATIVE POSITIONS. A PEER GROUP OF INSTITUTIONS THAT ARE SIMILAR TO AND COMPETE WITH DRAKE UNIVERSITY WAS ESTABLISHED FOR PURPOSES OF COMPENSATION ANALYSIS. FACTORS INCLUDED IN DETERMINING THE DRAKE UNIVERSITY PEER GROUP INCLUDE: ACADEMIC PROGRAMS, ENROLLMENT, BUDGET SIZE, STUDENT DEMOGRAPHICS AND ACADEMIC QUALITY. A COPY OF THE DRAKE PEER GROUP IS ATTACHED AS APPENDIX A. THE CUPA-HR SALARY SURVEY TOOL ALLOWS DRAKE TO COMPARE BASE SALARIES AGAINST THOSE REPORTED BY PEER INSTITUTIONS, THEREBY PROVIDING HIGHLY RELIABLE COMPARABLE SALARY INFORMATION. DRAKE UNIVERSITY ALSO PARTICIPATES IN SECONDARY SURVEY SOURCES. DRAKE PARTICIPATES PERIODICALLY IN A SURVEY OF SENIOR POSITIONS CONDUCTED BY AN INDEPENDENT CONSULTING COMPANY, YAFFE AND COMPANY (YAFFE SURVEY). THIS SURVEY DOES NOT TARGET DRAKE'S PEER GROUP, BUT PROVIDES KEY INFORMATION ABOUT OTHER CONTRACT TERMS BEYOND BASE SALARY, SUCH AS INCENTIVE AND DEFERRED COMPENSATION. IT ALSO PROVIDES DATA WITH RESPECT TO BENEFITS SUCH AS CAR ALLOWANCES, MEMBERSHIPS AND HOUSING ALLOWANCES. ANNUALLY THE DIRECTOR, HR AND THE CHIEF ADMINISTRATION OFFICE DEVELOP A COMMUNICATION TO THE BOARD OF TRUSTEES COMPENSATION COMMITTEE DOCUMENTING AN ANALYSIS OF BASE SALARY COMPENSATION FOR THE PRESIDENT AND NON-FACULTY MEMBERS OF THE PRESIDENT'S COUNCIL (COUNCIL). THIS COMMUNICATION IS INTENDED FOR THE DRAKE UNIVERSITY COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES ("THE COMMITTEE"), AN INDEPENDENT BODY COMPRISED OF NON-DRAKE UNIVERSITY EMPLOYEES. EXTENSIVE AND COMPLETE COMPARABILITY DATA EXISTS TO MEET THE REQUIREMENTS OF THE REBUTTABLE PRESUMPTION STANDARD OF REASONABLENESS FOR EXECUTIVE COMPENSATION AS SET FORTH BY THE TREASURY DEPARTMENT'S REGULATIONS IMPLEMENTING INTERNAL REVENUE CODE SECTION 4958. IN ADDITION, IN 2018 DRAKE UNDERTOOK AN ANALYSIS OF PRESIDENTIAL COMPENSATION FOR THE PURPOSES OF ENSURING AN ADDITIONAL THIRD-PARTY REVIEW OF COMPENSATION PRACTICES. THE SCOPE OF THAT STUDY INCLUDED BENCHMARKING ALL COMPONENTS OF THE PRESIDENT'S COMPENSATION INCLUDING BASE SALARY, BONUS AND INCENTIVE COMPENSATION, OTHER COMPENSATION AND NONTAXABLE BENEFITS, RETIREMENT AND DEFERRED COMPENSATION AND TOTAL RENUMERATION. THE ANALYSIS USED DATA GATHERED FROM IRS FORM 990 FOR PEER INSTITUTIONS AS WELL AS BASE SALARY INFORMATION FROM REPUTABLE, PUBLISHED SURVEY DATA. THE COMMITTEE MAINTAINS MINUTES OF ITS MEETING PERTAINING TO SALARY DECISIONS AND COMPLETES CONTEMPORANEOUS SUBSTANTIATION OF ITS DELIBERATION AND DECISION. |
| FORM 990, PART VI, SECTION C, LINE 18 | THE ORGANIZATION'S FORM 1023, FORM 990 AND FORM 990-T ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S AUDIT REPORT IS AVAILABLE ON THE UNIVERSITY'S WEBSITE. THE BYLAWS OF THE ORGANIZATION ARE ALSO AVAILABLE ON THE UNIVERSITY'S WEBSITE. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE PUBLIC. |
| FORM 990, PART VII, SECTION A, LINE 1A, COLUMN (B), AVERAGE HOURS PER WEEK: | HOURS LISTED FOR EACH INDIVIDUAL ARE REPORTED ON A CALENDAR YEAR BASIS. HOURS REPORTED FOR EMPLOYEES REPRESENT RECORDED PAYROLL HOURS. ACTUAL HOURS WORKED MAY EXCEED THE HOURS REPORTED. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -25,738. CHANGE IN VALUE OF INTEREST RATE SWAP AGREEMENTS 1,412,008. POST-RETIREMENT BENEFIT PLAN RELATED CHANGES 2,570,262. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS FOR AUDIT OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR |
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