2019-02-27T14:05:10-06:00 2018-06-30 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2017-07-01 250965212 ALLEGHENY COLLEGE ALLE 8143324789 520 NORTH MAIN STREET MEADVILLE PA 16335 EILEEN E PETULA EXECUTIVE VP AND COO 8143324789 2019-02-21 1 EUGENE J LOGAN P00227231 4122613644 208.79.164.82 2019-02-21 16:27:01 ES P F035D39E46E6E5FD45C8EE06DFC95B60785D4203 2F809E41636C648B3B69A00E7F169955362743DB 2017 2019-02-21 02:37:17Z JAMES H MULLEN JR 520 NORTH MAIN STREET MEADVILLE PA 16335 161364641 0 X WWW.ALLEGHENY.EDU X 1817 PA FOUR YEAR INSTITUTION OF HIGHER EDUCATION. 41 35 2022 59 86125 0 13982163 16412288 103636494 101242126 3143749 17409356 138238 51371 120900644 135115141 47116556 49379893 0 0 43916142 48532681 0 0 3281001 34410104 35484852 125442802 133397426 -4542158 1717715 364168065 385272210 70176945 84356530 293991120 300915680 X ALLEGHENY'S UNDERGRADUATE RESIDENTIAL EDUCATION PREPARES YOUNG ADULTS FOR SUCCESSFUL, MEANINGFUL LIVES BY PROMOTING STUDENTS' INTELLECTUAL, MORAL AND SOCIAL DEVELOPMENT, AND ENCOURAGING PERSONAL AND CIVIC RESPONSIBILITY. ALLEGHENY'S FACULTY AND STAFF COMBINE HIGH ACADEMIC STANDARDS AND A COMMITMENT TO THE EXCHANGE OF KNOWLEDGE WITH A SUPPORTIVE APPROACH TO LEARNING. GRADUATES ARE EQUIPPED TO THINK CRITICALLY AND CREATIVELY, WRITE CLEARLY, SPEAK PERSUASIVELY, AND MEET CHALLENGES IN A DIVERSE INTERCONNECTED WORLD. 0 0 111174742 49379893 79868867 INSTRUCTION AND SCHOLARSHIP: PROVIDED LIBERAL ARTS, PRIVATE FOUR YEAR HIGHER EDUCATION TO STUDENTS AND SUPPORTED THAT EFFORT WITH LIBRARY AND MEDIA RESOURCES AND REMEDIAL AND SPECIAL INTEREST CLASSES.ASSISTED STUDENTS TO ATTAIN THEIR DEGREE BY HELPING TO FINANCE THE COST FROM GIFTS, GRANTS, ENDOWMENT INCOME, AND COLLEGE RESOURCES. 8892302 21373259 AUXILIARY ENTERPRISES: PROVIDED HOUSING AND DINING SERVICES AND FACILITIES TO STUDENTS AS A RESIDENTIAL INSTITUTION. 120067044 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 1 0 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 1 1 1 0 0 0 0 1 0 0 0 1 2878 0 1 2022 1 1 1 0 0 0 0 1 1 1 1 0 0 0 X 41 35 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA AK MS NH NJ VA X LINDA WETSELL CFO & TREASURER 8143324790 520 NORTH MAIN STREET MEADVILLE PA 16335 CHRISTIAN L ALLISON TRUSTEE 15.00 X 15500 0 0 YVONNE LA TRELLE HOBBS ALLEN TRUSTEE (ENTERED 10/17) 2.00 X 0 0 0 KEVIN BAIRD TRUSTEE 2.00 X 0 0 0 EDWARD JOSEPH BORKOWSKI TRUSTEE 2.00 X 0 0 0 WILLOW BROST TRUSTEE 2.00 X 0 0 0 WILLIAM H BROWN TRUSTEE (ENTERED 10/17) 2.00 X 0 0 0 CURT CRAMER TRUSTEE 2.00 X 0 0 0 JENNIFER DAURORA TRUSTEE 2.00 X 0 0 0 LT GENERAL JON DAVIS TRUSTEE (ENTERED 10/17) 2.00 X 0 0 0 GARY M ELLIOTT TRUSTEE 2.00 X 0 0 0 KIM TILLOTSON FLEMING TRUSTEE 2.00 X 0 0 0 ROGER GURNER TRUSTEE 2.00 X 0 0 0 TERRENCE L HARTFORD TRUSTEE 2.00 X 0 0 0 JUDITH THOMAS HORGAN TRUSTEE (ENTERED 10/17) 2.00 X 0 0 0 DUSTY E KIRK TRUSTEE (ENTERED 10/17) 2.00 X 0 0 0 JOHN KUTZ TRUSTEE (ENTERED 2/18) 2.00 X 0 0 0 STEVEN D LEVINSKY TRUSTEE 2.00 X 0 0 0 ROBERT A MARCHMAN TRUSTEE 2.00 X 0 0 0 ROBERT ERNEST MCGARITY TRUSTEE 2.00 X 0 0 0 BISHOP CYNTHIA MOORE-KOIKIO TRUSTEE 2.00 X 0 0 0 ISABELLE MOSS TRUSTEE (EXITED 10/17) 2.00 X 0 0 0 CHRISTINE NELSON TRUSTEE 2.00 X 0 0 0 JEROME V NELSON TRUSTEE 2.00 X 0 0 0 JOHN HERBERT NILES JR TRUSTEE (EXITED 10/17) 2.00 X 0 0 0 MARTIN PFINSGRAFF TRUSTEE 2.00 X 0 0 0 TIMOTHY L REEVES TRUSTEE 2.00 X 0 0 0 YVONNE REED SEON PHD TRUSTEE 2.00 X 0 0 0 JULIE G SKATTUM TRUSTEE (ENTERED 10/17) 2.00 X 0 0 0 ROBERT L SMITH JR TRUSTEE (ENTERED 10/17) 2.00 X 0 0 0 JAMES H SPALDING TRUSTEE 2.00 X 0 0 0 SUE STEVEN TRUSTEE 2.00 X 0 0 0 ARTHUR STEWART TRUSTEE 2.00 X 0 0 0 HAYES C STOVER TRUSTEE 2.00 X 0 0 0 JOHN SUTPHEN TRUSTEE 2.00 X 0 0 0 EDDIE TAYLOR JR TRUSTEE (ENTERED 10/17) 2.00 X 0 0 0 BRUCE THOMPSON TRUSTEE 2.00 X 0 0 0 KAREN UBELHART TRUSTEE 2.00 X 0 0 0 JAMES WIBLE TRUSTEE 2.00 X 0 0 0 NANCY YOVETICH TRUSTEE 2.00 X 0 0 0 DOUG ZIEGLER TRUSTEE (EXITED 10/17) 2.00 X 0 0 0 MARK R CAMPBELL CHAIR 2.00 X X 0 0 0 MARY J FEELEY VICE CHAIR 2.00 X X 0 0 0 ANTONIO DIAS SECRETARY 2.00 X X 0 0 0 JAMES H MULLEN JR PRESIDENT 50.00 X X 340996 0 116182 RONALD COLE PROVOST & DEAN OF THE COLLEGE 50.00 X 192349 0 87021 EILEEN PETULA EXECUTIVE VP & COO 50.00 X 196458 0 99459 LINDA WETSELL CFO/TREASURER 50.00 X 142314 0 35483 KIMBERLY FERGUSON DEAN OF STUDENTS 50.00 X 176676 0 25164 MARJORIE S KLEIN VP FOR DEVELOPMENT & ALUMNI AFFAIRS 50.00 X 187646 0 37069 CORNELL B LESANE II VP FOR ENROLLMENT 50.00 X 162454 0 81896 RICHARD A HOLMGREN VP FOR INFO. SVCS & ASSESSMENT 50.00 X 145570 0 91248 DOUGLAS C SMITH - SENIOR PHILANTHR. ADVISOR FOR THE CAMPAIGN 50.00 X 165934 0 38883 JAMES C BULMAN PROFESSOR 40.00 X 177113 0 16531 BRUCE J SMITH PROFESSOR 40.00 X 149492 0 17983 SUSAN SALTON VP FOR COLLEGE RELATIONS 50.00 X 119770 0 30021 LINDA DEMERITT FORMER PROVOST 10.00 X 169080 0 29996 2341352 0 706936 37 1 1 0 PARKHURST DINING SERVICES P O BOX 644091 PITTSBURGH PA 152644091 FOOD SERVICE 5511156 ST MORITZ BUILDING SERVICES 120 DELTA DRIVE GREENSBURG PA 156015118 CLEANING SERVICE 2214149 ROYAL & COMPANY 1920 EAST PARHAM ROAD RICHMOND VA 232282206 STUDENT MARKETING PROGRAM 502061 ART SCIENCE GROUP LLC 300 E LOMBARD ST SUITE 610 BALTIMORE MD 21202 CONSULTING 335892 ELLUCIAN LP 4375 FAIR LAKES COURT FAIRFAX VA 22033 SOFTWARE MAINTENANCE 293379 51 15375 1739693 14657220 3865921 16412288 TUITION AND FEES 611710 79868867 79868867 AUXILIARY REVENUE 611710 21373259 21373259 101242126 2713823 86125 2627698 73891 68731 5160 5160 5160 40584578 25889045 14695533 14695533 14695533 22065 15375 19141 2924 2924 315870 272583 43287 43287 135115141 101242126 86125 17374602 75000 75000 47893602 47893602 1411291 1411291 1734962 1734962 208063 208063 35076840 31553933 1577176 1945731 2007762 1663862 184611 159289 6998123 6270344 292535 435244 2506931 2164518 207501 134912 7891647 7832566 9497 49584 107496 927 106569 102242 5000 97242 2315158 2315158 413718 209186 204532 4642051 4154175 330209 157667 1329630 925349 404281 3448497 2360075 1084826 3596 2130627 1819073 79168 232386 554560 289859 102109 162592 2022333 2022333 6272655 5781268 491387 586914 216565 370349 LIBRARY BOOKS 566732 566732 3100592 2851386 249206 133397426 120067044 10049381 3281001 833798 344619 11408552 17239437 5511744 5452179 497185 396283 5867140 5673852 853880 758979 241204198 132485871 113961669 108718327 161681786 174518612 55825318 64232646 7726993 7937276 364168065 385272210 13032985 19736502 94763 94763 48604289 56843592 67165 86578 8377743 7595095 70176945 84356530 X 99711543 90276342 87955264 97294322 106324313 113345016 293991120 300915680 364168065 385272210 X 1717715 5621279 -414434 X X 0 1 X 1 1 1 X 8411682 10311304 17595841 11878707 12819022 61016556 8411682 10311304 17595841 11878707 12819022 61016556 5535731 55480825 2257178 3525697 2423158 2540273 2787714 13534020 74550576 511534032 0.74420 0.68650 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: CASH AMOUNT: 2500000. DESCRIPTION: CASH AMOUNT: 593266. DESCRIPTION: CASH AMOUNT: 500000. 1820102 X X X X 0 207561328 8264485 18988558 10826356 223988015 185549860 5879020 24745375 8612927 207561328 183378811 12564974 -1695777 3093396 5604752 185549860 185766670 5588403 512307 4805137 3683432 183378811 164309138 11848013 28535017 4286645 14408429 230424 185766670 0.16020 0.46420 0.37560 0 0 15190493 15190493 180698497 94650106 86048391 351294 351294 0 22126696 21244979 881717 22837218 16239492 6597726 108718327 VENTURE CAPITAL/PRIVATE EQUITY 14824248 F PRIVATE REAL ESTATE 15900938 F HEDGE FUNDS 31743634 F EQUITY-METHOD INVESTMENT 1763826 F 64232646 STUDENTS DEPOSITS 1610808 TRUSTS HELD FOR OTHERS 428299 ADVANCES FOR STUDENT LOANS 5555988 7595095 X 89062390 5621279 360455 5981734 83080656 2315158 49719327 52034485 135115141 82137830 360455 360455 81777375 2315158 49304893 51620051 133397426 PART III, LINE 4: CONTRIBUTED WORKS OF ART, HISTORICAL TREASURES, AND LITERATURE ARE USED BY THE STUDENTS AND FACULTY FOR EDUCATION PURPOSES. PART X, LINE 2: THE COLLEGE FOLLOWS THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) GUIDANCE FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH PROVIDES CRITERIA FOR THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THIS GUIDANCE REQUIRES THAT AN UNCERTAIN TAX POSITION SHOULD BE RECOGNIZED ONLY IF IT IS "MORE LIKELY THAN NOT" THAT THE POSITION IS SUSTAINABLE BASED ON ITS TECHNICAL MERITS. RECOGNIZABLE TAX POSITIONS SHOULD THEN BE MEASURED TO DETERMINE THE AMOUNT OF BENEFIT RECOGNIZED IN THE FINANCIAL STATEMENTS. THE COLLEGE FILES U.S. FEDERAL, STATE AND LOCAL INFORMATION RETURNS, AND NO RETURNS ARE CURRENTLY UNDER EXAMINATION. THE STATUTE OF LIMITATIONS ON THE COLLEGE'S U.S. FEDERAL TAX RETURNS REMAINS OPEN FOR THE YEARS ENDED JUNE 30, 2015 THROUGH THE PRESENT. THE COLLEGE CONTINUES TO EVALUATE ITS TAX POSITIONS PURSUANT TO THE PRINCIPLES OF FASB GUIDANCE AND HAS DETERMINED THAT THERE IS NO MATERIAL IMPACT ON THE COLLEGE'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 19,141. COST OF SALES 272,583. RENTAL EXPENSES 68,731. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 49,304,893. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 1,074,023. CHANGE IN VALUE OF SWAP AGREEMENT -860,989. SWAP TERMINATION FEE 201,400. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 19,141. COST OF SALES 272,583. RENTAL EXPENSES 68,731. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 49,304,893. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE COLLEGE PUBLISHES ITS NONDISCRIMINATION POLICY IN LOCAL AND REGIONAL NEWPAPERS. IN ADDITION, THE POLICY IS INCLUDED IN THE COLLEGE CATALOGS AND RECRUITING MATERIALS. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES GRANTS UNDER VARIOUS STATE AND FEDERAL PROGRAMS. 1 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAMS; 1 STUDENTS PARTICIPATING 5800 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAMS; 4 STUDENT PARTICIPANTS 10070 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAMS; 5 STUDENT PARTICIPANTS 27991 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAMS; 5 STUDENTS PARTICIPATING 66500 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAMS; 30 STUDENT PARTICIPANTS 267298 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAMS; 4 STUDENT PARTICIPANT 14405 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 16276187 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES EXPERIENTIAL LEARNING TRIPS 58278 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES EXPERIENTIAL LEARNING TRIPS 142932 RUSSIA AND NEIGHBORING STATES 0 0 PROGRAM SERVICES EXPERIMENTAL LEARNING TRIPS 42738 SOUTH ASIA 0 0 PROGRAM SERVICES EXPERIENTIAL LEARNING TRIPS 67065 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES SCHOLARSHIP 76947 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES SCHOLARSHIP 451372 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES SCHOLARSHIP 38066 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES SCHOLARSHIP 83297 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES SCHOLARSHIP 27810 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES SCHOLARSHIP 30722 0 0 0 0 0 0 16726529 960949 17687478 SCHOLARSHIP NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 1 27810 DIRECT TRANSFER TO STUDENT`S ACCOUNT 0 N/A N/A SCHOLARSHIP MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 4 38066 DIRECT TRANSFER TO STUDENT`S ACCOUNT 0 N/A N/A SCHOLARSHIP SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 5 83297 DIRECT TRANSFER TO STUDENT`S ACCOUNT 0 N/A N/A SCHOLARSHIP EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 5 76947 DIRECT TRANSFER TO STUDENT`S ACCOUNT 0 N/A N/A SCHOLARSHIP EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 30 451372 DIRECT TRANSFER TO STUDENT`S ACCOUNT 0 N/A N/A SCHOLARSHIP SUB-SAHARAN AFRICA 4 30722 DIRECT TRANSFER TO STUDENT`S ACCOUNT 0 N/A N/A 1 0 0 0 1 0 PART I, LINE 2: THE COLLEGE DOES NOT ISSUE GRANTS OUTSIDE THE U.S., BUT IT DOES INCUR EXPENSES FOR STUDENTS STUDYING ABROARD. STUDENTS PAY THEIR REGULAR ALLEGHENY COLLEGE TUITION, AND THE COLLEGE IN TURN PAYS THEIR TUITION TO THE FOREIGN INSTITUTION THAT THEY WILL BE ATTENDING. THOSE EXPENSES ARE TRACKED IN THE STUDY ABROAD OFFICE AND IN THE GENERAL LEDGER. THE COLLEGE FOLLOWS FEDERAL, STATE, AND INSTITUTIONAL GUIDELINES FOR DETERMINING ELIGIBILITY FOR SCHOLARSHIPS, PRIZES, AND OTHER GRANTS AND AWARDS. THE COLLEGE MAINTAINS RECORDS SHOWING RECIPIENT ELIGIBILITY, HOW FUNDS MAY BE USED, AND ANY RELATED PARTY DISCLOSURES. GRANTS AWARDED BY THE OFFICE OF FINANCIAL AID ARE CREDITED DIRECTLY TO THE STUDENT ACCOUNTS. OTHER GRANTS ARE MONITORED IN VARIOUS WAYS, INCLUDING REIMBURSING ACTUAL SUBSTANTIATED EXPENSES, REQUIRING WRITTEN REPORTS AND/OR VISITING SITES OF ACTIVITIES FUNDED BY COLLEGE GRANTS. ATHLETIC GOLF OUTING 37440 15375 22065 18881 260 37440 15375 22065 18881 260 19141 2924 1 CITY OF MEADVILLE 894 DIAMOND PARK MEADVILLE PA 16335 256000867 GOVERNMENT 75000 N/A N/A FINANCIAL SUPPORT 1 0 ALLEGHENY AID 1202 11067519 0 N/A N/A ENDOWED AID 434 3240208 0 N/A N/A FEDERAL GRANTS 282 764222 0 N/A N/A MERIT SCHOLARSHIPS 1035 30082617 0 N/A N/A PELL GRANTS 630 2739038 0 N/A N/A PART I, LINE 2: THE COLLEGE FOLLOWS FEDERAL, STATE AND INSTITUTIONAL GUIDELINES FOR DETERMINING ELIGBILITY FOR SCHOLARSHIPS, PRIZES AND OTHER GRANTS AND AWARDS. THE COLLEGE MAINTAINS RECORDS SHOWING RECIPIENT ELIGIBILITY, HOW FUNDS MAY BE USED, AND ANY RELATED PARTY DISCLOSURES. GRANTS AWARDED BY THE OFFICE OF FINANCIAL AID ARE CREDITED DIRECTLY TO THE STUDENTS ACCOUNTS. OTHER GRANTS ARE MONITORED IN VARIOUS WAYS, INCLUDING REIMBURSING ACTUAL SUBSTANTIATED EXPENSES, REQUIRING WRITTEN REPORTS AND /OR VISITING SITES OF ACTIVITIES FUNDED BY COLLEGE GRANTS. THE COLLEGE'S FINANCIAL AID OFFICE MAINTAINS ELIGIBILITY REQUIREMENTS AND MONITORS GRANTING OF AWARDS TO STUDENTS AND FOLLOWS U.S. FEDERAL AID REGULATIONS AND ALL STATES' REGULATIONS FOR GRANTS TO ITS STUDENTS. X X X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 JAMES H MULLEN JR PRESIDENT 321145 0 15000 0 4851 0 24750 0 91432 0 457178 0 0 0 RONALD COLE PROVOST & DEAN OF THE COLLEGE 191797 0 0 0 552 0 18180 0 68841 0 279370 0 0 0 EILEEN PETULA EXECUTIVE VP & COO 195906 0 0 0 552 0 18180 0 81279 0 295917 0 0 0 LINDA WETSELL CFO/TREASURER 141401 0 0 0 913 0 13646 0 21837 0 177797 0 0 0 KIMBERLY FERGUSON DEAN OF STUDENTS 176358 0 0 0 318 0 13635 0 11529 0 201840 0 0 0 MARJORIE S KLEIN VP FOR DEVELOPMENT & ALUMNI AFFAIRS 187094 0 0 0 552 0 17612 0 19457 0 224715 0 0 0 CORNELL B LESANE II VP FOR ENROLLMENT 162224 0 0 0 230 0 13160 0 68736 0 244350 0 0 0 RICHARD A HOLMGREN VP FOR INFO. SVCS & ASSESSMENT 144618 0 0 0 952 0 14116 0 77132 0 236818 0 0 0 DOUGLAS C SMITH - SENIOR PHILANTHR. ADVISOR FOR THE CAMPAIGN 162886 0 0 0 3048 0 15617 0 23266 0 204817 0 0 0 JAMES C BULMAN PROFESSOR 172169 0 0 0 4944 0 15477 0 1054 0 193644 0 0 0 BRUCE J SMITH PROFESSOR 145150 0 0 0 4342 0 13608 0 4375 0 167475 0 0 0 LINDA DEMERITT FORMER PROVOST 167496 0 0 0 1584 0 16200 0 13796 0 199076 0 0 0 PART I, LINE 7 JAMES H. MULLEN JR. RECEIVED A BONUS. PART II NON-TAXABLE BENEFITS REPORTED ON SCHEDULE J MAY INCLUDE LIFE INSURANCE, LONG-TERM DISABILITY, EMPLOYER-PROVIDED MEDICAL INSURANCE, SECTION 125 BENEFITS, HOUSING AND TUITION. TUITION ASSISTANCE PROGRAMS (UP TO 100%) ARE A STANDARD BENEFIT PROVIDED BY HIGHER EDUCATION EMPLOYERS TO ELIGIBLE EMPLOYEES AND THEIR FAMILY MEMBERS. SECTION 117(D) OF THE INTERNAL REVENUE CODE SPECIFICALLY PROVIDES THAT GROSS INCOME DOES NOT INCLUDE QUALIFIED TUITION BENEFITS. THE VALUE OF THE QUALIFIED TUITION REDUCTION INCLUDED IN NONTAXABLE BENEFITS DEPENDS UPON THE NUMBER OF ELIGIBLE FAMILY MEMBERS RECEIVING THE TUITION BENEFITS DURING THE REPORTING YEAR. A CRAWFORD CO INDUSTRIAL DEVELOPMENT AUTHORITY 237115736 2016-07-13 14410185 REFUND 2006 BONDS 0 0 0 B CRAWFORD CO INDUSTRIAL DEVELOPMENT AUTHORITY 237115736 2018-06-01 35862413 REFUND 09/10 BONDS/CAP PROJECT 0 0 0 A 14410185 273780 1027428 12814275 294702 2016 1 0 1 1 B 35862413 415346 25447067 10000000 2018 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 1 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 ENROLLED STUDENT FAMILY OF BOARD 24000 TRUSTEE SCHOLARSHIP FINANCIAL AID ENROLLED STUDENT FAMILY OF BOARD 20000 TRUSTEE SCHOLARSHIP FINANCIAL AID OSWALD COMPANIES EDDIE TAYLOR, JR. - EMPLOYEE/OWNER, OSWALD COMPANIES 262165 INSURANCE BROKER 0 N SMITH SPOUSE OF TRUSTEE 47527 EMPLOYMENT 0 ALLEN & GERRISTEN T. REEVES - PRINCIPAL OF ALLEN & GERRISTEN 90882 CONSULTANT 0 X 51 3290921 FMV X 1 575000 FMV 1 0 1 0 PART I, COLUMN (B): PART I, COLUMN (B) REPRESENTS NUMBER OF CONTRIBUTIONS FOR THE YEAR ENDED JUNE 30, 2018. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES AUDIT COMMITTEE IS CHARGED BY THE FULL BOARD WITH THE RESPONSIBILITY OF REVIEWING THE FORM 990 AND CALLING IN OUTSIDE EXPERTS TO ANSWER ANY QUESTIONS OF THE BOARD IN ORDER TO COME TO FULL UNDERSTANDING OF WHAT IS BEING REPORTED. THIS REVIEW IS HELD JUST PRIOR TO THE SUBMISSION OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE COLLEGE REGULARLY AND CONSISTENTLY MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY THROUGH COMPLETION OF AN ANNUAL DISCLOSURE STATEMENT, WHICH IS COMPLETED BY ALL TRUSTEES. IF A CONFLICT IS DETERMINED TO BE PRESENT, THEN MANAGEMENT AND BOARD LEADERSHIP ADDRESS IT WITH THE APPROPRIATE INDIVIDUAL(S). NO CONFLICTS OR POTENTIALLY CONFLICTING BUSINESS OR FAMILY RELATIONSHIPS WERE NOTED FOR THE FISCAL YEAR. AS A PART OF NEW TRUSTEE ORIENTATION, BOARD MEMBERS ARE INFORMED THAT THE BOARD OF TRUSTEES HAS AUTHORITY ONLY AS A CORPORATE BODY. NO INDIVIDUAL TRUSTEE HAS AUTHORITY OVER ANY ASPECT OF COLLEGE OPERATIONS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES COMPENSATION COMMITTEE REVIEWS ANNUALLY THE PRESIDENT'S WORK ACCOMPLISHMENTS FOR THE PAST YEAR AND COMBINES THAT INFORMATION WITH A COMPARISON OF COMPENSATION OF PRESIDENTS OF SIMILAR COLLEGES TO SET THE PRESIDENT'S ANNUAL SALARY INCREASE. DOCUMENTATION IS KEPT ON FILE CONCERNING THESE DELIBERATIONS AND MEASUREMENTS. THE SAME BOARD OF TRUSTEES COMPENSATION COMMITTEE ALSO REVIEWS AND APPROVES THE PRESIDENT'S RECOMMENDATION FOR SALARY INCREASES FOR TOP MANAGEMENT AND FOR THE CRITERIA USED FOR THOSE RECOMMENDATIONS; DOCUMENTATION IS ALSO KEPT ON FILE CONCERNING THIS REVIEW AND APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE ON THE COLLEGE'S WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -1,074,023. CHANGE IN VALUE OF SWAP AGREEMENT 860,989. SWAP TERMINATION FEE -201,400. FORM 990, PART XII, QUESTION 2C, OVERSIGHT OF FINANCIAL STATEMENT AUDIT: THE SCHOOL'S FINANCIAL STATEMENTS ARE AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. THE COLLEGE HAS A COMMITTEE THAT ASSUMES THE RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND ITS SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR. CHARITABLE TRUSTS (12) INVESTMENTS PA N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0