2019-05-09T16:10:41-05:00 2018-06-30 430765316 RUBINBROWN LLP 1200 MAIN STREET SUITE 1000 KANSAS CITY MO 64105 990 2017-07-01 480543772 OTTAWA UNIVERSITY OTTA 7852482382 1001 S CEDAR OTTAWA KS 66067 J CLARK RIBORDY EXECUTIVE VICE PRESIDENT 7852482382 2019-05-01 1 KIMBERLY A RYAN P00829977 8164721122 12.216.16.122 2019-05-01 09:07:29 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 B7C670ECD1F075128E6EB269AC02CF33DAEB1094 2017 2019-02-21 02:37:17Z KEVIN EICHNER 1001 S CEDAR OTTAWA KS 66067 78867680 0 X WWW.OTTAWA.EDU X 1865 KS BUILDING ON ITS FOUNDATION AS A CHRIST-INSPIRED COMMUNITY OF GRACE AND OPEN INQUIRY, OTTAWA UNIVERSITY PREPARES PROFESSIONAL AND LIBERAL ARTS GRADUATES FOR LIFETIMES OF PERSONAL SIGNIFICANCE, VOCATIONAL FULFILLMENT, AND SERVICE TO GOD AND HUMANITY. 26 26 1016 150 38761 35942 6078945 10509256 40128749 57301007 792250 302584 622489 1163466 47622433 69276313 9957633 16333729 0 0 20749514 25331444 0 0 1356523 17624282 25523067 48331429 67188240 -708996 2088073 63575835 79885012 47243880 61357632 16331955 18527380 X SEE SCHEDULE OBUILDING ON ITS FOUNDATION AS A CHRIST-INSPIRED COMMUNITY OF GRACE AND OPEN INQUIRY, OTTAWA UNIVERSITY PREPARES PROFESSIONAL AND LIBERAL ARTS GRADUATES FOR LIFETIMES OF PERSONAL SIGNIFICANCE, VOCATIONAL FULFILLMENT, AND SERVICE TO GOD AND HUMANITY. 0 0 58150812 16333729 57301007 OTTAWA UNIVERSITY STRIVES TO PROVIDE THE HIGHEST QUALITY LIBERAL ARTS AND PROFESSIONAL EDUCATION IN A CARING, CHRIST-INSPIRED COMMUNITY OF GRACE INTEGRATING FAITH, LEARNING AND LIFE. 58150812 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 1 1 0 1 0 0 0 1 1 0 0 0 1 121 0 1 1016 1 1 1 0 0 0 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AZ KS X TOM CORLEY 7852482382 1001 S CEDAR OTTAWA KS 66067 DIANE SEXTON TRUSTEE 1.00 X 0 0 0 JEANNE STUART KRUG TRUSTEE 1.00 X 0 0 0 KRISTY CANNON STALLINGS TRUSTEE 1.00 X 0 0 0 MICHAEL HETRICK TRUSTEE, VICE CHAIR 1.00 X X 0 0 0 STEVE HASTY TRUSTEE 1.00 X 0 0 0 PAMELA WOODWARD TRUSTEE 1.00 X 0 0 0 EDWARD HOSKINS TRUSTEE 1.00 X 0 0 0 LUCKY DEFRIES TRUSTEE, CHAIR 1.00 X X 0 0 0 WAYNE DUDERSTADT TRUSTEE 1.00 X 0 0 0 KATHLEEN MADDEN TRUSTEE 1.00 X 0 0 0 DANNY TRENT TRUSTEE, SECRETARY 1.00 X X 0 0 0 DAVID GREENHAW TRUSTEE 1.00 X 0 0 0 WYNNDEE LEE TRUSTEE 1.00 X 0 0 0 HENRY HANK SCHERICH TRUSTEE 1.00 X 0 0 0 JOHN WILLIAMS TRUSTEE 1.00 X 0 0 0 JOE GREENHAW TRUSTEE, TREASURER 1.00 X X 0 0 0 JOHN COEN TRUSTEE 1.00 X 0 0 0 SUSAN NEFF TRUSTEE 1.00 X 0 0 0 KATHLEEN GREENE TRUSTEE 1.00 X 0 0 0 DONNA PETROCCO TRUSTEE 1.00 X 0 0 0 ROBERT INNES TRUSTEE 1.00 X 0 0 0 MICHAEL RUCHENSKY TRUSTEE 1.00 X 0 0 0 BARRY PELTON TRUSTEE 1.00 X 0 0 0 ROBERT EVANS TRUSTEE 1.00 X 0 0 0 GREG BURGER TRUSTEE 1.00 X 0 0 0 JANET KINCAID TRUSTEE 1.00 X 0 0 0 KEVIN EICHNER PRESIDENT 40.00 X 484396 0 73936 TERREL HAINES EXECUTIVE VP AND PROVOST 40.00 X 230724 0 66841 J CLARK RIBORDY EXECUTIVE VICE PRESIDENT AND CFO 40.00 X 229464 0 75710 PAUL BEAN VP OF ADVANCEMENT 40.00 X 178526 0 27051 NANCY WINGERT SENIOR VP OF MARKETING 40.00 X 194228 0 22050 DENNIS TYNER VICE PRESIDENT AND PROVOST OUAZ 40.00 X 158550 0 72393 RICHARD JOHNSON COO OF ARIZONA CAMPUSES 40.00 X 144461 0 27688 DAVID BARNES DEAN OF STUDENT AFFAIRS 40.00 X 127789 0 35672 KEVIN STEELE OUAZ DIRECTOR OF ATHLETICS 40.00 X 117453 0 16947 NOELLE TESTA CONTROLLER/DIRECTOR OF FINANCE 40.00 X 108962 0 20289 BRANDON FOWLER APGS - ARIZONA CAMPUS EXECUTIVE 40.00 X 134078 0 31923 2108631 0 470500 12 0 1 0 BROWN MIDWEST COMMERCIAL CONSTRUCTION PO BOX 14004 LENEXA KS 66285 CONTRACTOR 746386 HOWELL MANAGEMENT SERVICES LLC 1107 EAST 340 SOUTH SMITHFIELD UT 84335 MANAGEMENT SERVICES 582183 JTM MKE LLC 28914 NETWORK PLACE CHICAGO IL 60673 LEASE RENTAL 411422 ANGEL TORRES 13371 N PRIMROSE ST EL MIRAGE AZ 85335 CONTRACTOR 106147 4 10509256 117000 10509256 TUITION & FEES 611600 50597463 50597463 AUXILIARY ENTERPRISES 611600 6703544 6703544 57301007 218617 218617 8452 8452 67251 32280 34971 34971 34971 9641354 1700 9559087 0 82267 1700 83967 83967 ALL OTHER MISC REVENUE 900099 1052245 3790 1048455 TRANSCRIPT FEES 611710 35069 35069 COMMISSIONS 541900 32729 32729 1120043 69276313 57301007 38761 1427289 16333729 16333729 1826320 486087 881028 459205 245918 171595 74323 18253699 16578023 1642554 33122 368276 296002 60587 11687 3195967 2907826 241952 46189 1441264 1251323 157049 32892 1316472 914218 402217 37 157065 140197 16868 80150 80150 18804 18804 5443724 4444874 489766 509084 1037256 950097 77200 9959 1512506 1026876 458304 27326 396591 251257 88518 56816 4223460 3506152 717308 2270357 1922583 311066 36708 266476 175367 60242 30867 2280357 1482232 798125 2729608 2313767 415841 376975 71244 205031 100700 MISCELLANEOUS 1585806 1414398 171408 EQUIP RENTAL & MAINTENA 894749 732111 162638 DUES & SUBSCRIPTIONS 390662 283516 105215 1931 EDUCATION EXPENSES 252374 225633 26741 289675 271705 17970 67188240 58150812 7680905 1356523 -81728 2308986 287379 9781094 4412842 2961073 820542 2164425 364391 387528 771739 666412 74848683 34741395 36362081 40107288 17627329 13437278 55000 5007485 2910215 3006110 46045 57333 63575835 79885012 2890409 4973293 1215573 4830894 16650000 16450000 23680732 32240552 2807166 2862893 47243880 61357632 X 2949960 5047827 263548 110229 13118447 13369324 16331955 18527380 63575835 79885012 2088073 107352 0 X X 0 1 X 1 1 1 X 60000 X 0 15313348 423920 444914 29678 16152504 14349512 268427 727653 32244 15313348 15214265 321043 -54991 1074955 55850 14349512 18056647 244673 481788 3506896 61947 15214265 18812470 213227 1375447 2256973 87524 18056647 0.29030 0.70970 0.00000 0 0 523573 523573 46289101 18134536 28154565 2868240 696124 2172116 20331292 14525222 5806070 4836477 1385513 3450964 40107288 OIL & GAS INTERESTS 45000 C LAND 180051 C CERTIFICATES OF DEPOSIT 4682017 C CSV OF LIFE INSURANCE 100417 C 5007485 REFUNDABLE GOVT LOAN PROGRAMS 2700000 PRESENT VALUE ANNUITIES PAYABLE 72674 ASSET RETIREMENT OBLIGATIONS 90219 2862893 53048236 107352 107352 52940884 16335429 16335429 69276313 50852811 0 50852811 16335429 16335429 67188240 PART III, LINE 4: THE COLLECTION IS PRIMARILY INDIAN ARTIFACTS WHICH HELP TO EXPLAIN THE BEGINNINGS OF THE UNIVERSITY, WHICH WAS ESTABLISHED BY INDIAN MISSIONARIES. PART V, LINE 4: THE ENDOWMENT FUNDS ASSIST IN FUNDING STUDENT EDUCATION THROUGH ENDOWED SCHOLARSHIPS. THERE ARE ALSO ENDOWED CHAIRS WHICH ASSIST IN FUNDING PROFESSORS WHO TEACH AND FURTHER THE EXEMPT PURPOSE OF THE UNIVERSITY. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 16,333,729. GAIN ON DISPOSITION OF OTHER ASSETS 1,700. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 16,333,729. GAIN ON DISPOSITION OF OTHER ASSETS 1,700. 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 CATALOG, STUDENT HANDBOOK, AND GENERAL DISTRIBUTION ADMISSION BROCHURES STATE THE UNIVERSITY'S NON-DISCRIMINATORY POLICY. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES AID VIA THE STUDENT FINANCIAL ASSISTANCE CLUSTER. 1 SCHOLARSHIPS/GRANTS 1437 16333729 SCHEDULE I, PART I, LINE 2 OTTAWA UNIVERSITY OFFERS ACADEMIC SCHOLARSHIPS AND AWARDS. ALL FUNDS ARE AWARDED ON THE BASIS OF ACADEMIC ACHIEVEMENT, SERVICE TO COMMUNITY, LEADERSHIP AND INVOLVEMENT IN SCHOOL ACTIVITIES. ALL SCHOLARSHIPS AND AWARDS ARE OFFERED FOR FOUR YEARS OF STUDY FOR FRESHMEN AND UNTIL THE COMPLETION OF DEGREE REQUIREMENTS FOR TRANSFER STUDENTS. ALL STUDENTS MUST MEET THE STATED CRITERIA TO MAINTAIN ELIGIBILITY. GRANTS EARNED BY THE STUDENT FROM EXTERNAL FUNDING SOURCES ARE FULLY CREDITED TO THE STUDENT'S ACCOUNT WITHOUT REDUCING ACADEMIC SCHOLARSHIPS AND AWARDS OFFERED BY OTTAWA UNIVERSITY. ACTIVITY AWARDS ARE OFFERED TO STUDENTS PARTICIPATING IN SPECIFIC ACTIVITIES BASED ON A COMPETITIVE REVIEW BY THE GRANTING DEPARTMENT. ACTIVITY AWARDS ARE AVAILABLE IN MUSIC, ART, THEATRE, FORENSICS, AND DEBATE. ATHLETIC AWARDS ARE OFFERED ON THE BASIS OF AN EVALUATION BY THE COACH OF EACH SPORT. OTTAWA UNIVERSITY OFFERS NEED BASED GRANTS TO STUDENTS WHO DEMONSTRATE AN EXCEPTIONAL LEVEL OF NEED AND THE POTENTIAL TO SUCCEED. OTTAWA UNIVERSITY IS COMMITTED TO BEING A RESIDENTIAL CAMPUS. FINANCIAL AID AWARDS ARE OFFERED TO ENCOURAGE STUDENTS TO LIVE ON-CAMPUS. OTTAWA UNIVERSITY IS ABLE TO HELP STUDENTS MEET A SIGNIFICANT PORTION OF THE DIRECT COST OF EDUCATION THROUGH A COMBINATION OF RESOURCES. STUDENTS ARE HIGHLY ENCOURAGED TO SUBMIT THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) TO DETERMINE ELIGIBILITY FOR ADDITIONAL GRANTS, WORK-STUDY PROGRAMS AND LOW-INTEREST LOANS. THE ADMINISTRATIVE SOFTWARE MONITORS FINANCIAL AID ON AN ONGOING BASIS FOR GRANTS, SCHOLARSHIPS AND OTHER AID THAT MAY BE PENDING, AWARDED, ETC. THIS INFORMATION IS THEN POSTED TO THE GENERAL LEDGER AS WELL FOR BALANCING/REPORTING PURPOSES. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 KEVIN EICHNER PRESIDENT 441804 0 30000 0 12592 0 24000 0 49936 0 558332 0 0 0 TERREL HAINES EXECUTIVE VP AND PROVOST 221724 0 0 0 9000 0 0 0 66841 0 297565 0 0 0 J CLARK RIBORDY EXECUTIVE VICE PRESIDENT AND CFO 219864 0 0 0 9600 0 0 0 75710 0 305174 0 0 0 PAUL BEAN VP OF ADVANCEMENT 154426 0 15000 0 9100 0 0 0 27051 0 205577 0 0 0 NANCY WINGERT SENIOR VP OF MARKETING 187028 0 0 0 7200 0 0 0 22050 0 216278 0 0 0 DENNIS TYNER VICE PRESIDENT AND PROVOST OUAZ 150630 0 0 0 7920 0 0 0 72393 0 230943 0 0 0 RICHARD JOHNSON COO OF ARIZONA CAMPUSES 136661 0 0 0 7800 0 0 0 27688 0 172149 0 0 0 DAVID BARNES DEAN OF STUDENT AFFAIRS 121789 0 0 0 6000 0 0 0 35672 0 163461 0 0 0 BRANDON FOWLER APGS - ARIZONA CAMPUS EXECUTIVE 134078 0 0 0 0 0 0 0 31923 0 166001 0 0 0 PART I, LINE 1A OTTAWA UNIVERSITY PROVIDED KEVIN EICHNER, THE PRESIDENT OF THE ORGANIZATION, HOUSING. THE FAIR MARKET VALUE OF THE HOUSING WAS NOT INCLUDED IN HIS W-2 AS TAXABLE COMPENSATION BECAUSE IT QUALIFIED AS A NON TAXABLE BENEFIT. OTTAWA UNIVERSITY PROVIDED KEVIN EICHNER, THE PRESIDENT OF THE ORGANIZATION, MEMBERSHIP TO THE COUNTRY CLUB. THE COUNTRY CLUB DUES BENEFIT WAS INCLUDED IN HIS W-2 AS TAXABLE COMPENSATION. A KANSAS INDEPENDENT COLLEGE FINANCE AUTHORITY 481233911 48526HYA8 2015-06-29 16650000 SEE PART VI 0 0 0 A 200000 16657031 6684782 9972249 2017 1 0 1 1 A 0 1 1 1 0 0.00000 0.00250 0.00250 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 SCHEDULE K, PART I, LINE A, COLUMN (F) ACQUIRE, CONSTRUCT, FURNISH AND EQUIP EDUCATIONAL FACILITIES AND REFUND THE INSTITUTION'S SERIES 2008A BONDS. THE SERIES 2008A BONDS WERE ISSUED ON 3/18/2008. SCHEDULE K, PART II, COLUMN A, LINE 3 AMOUNT IS NOT EQUAL TO ISSUE PRICE DUE TO INVESTMENT EARNINGS EARNED DURING THE PROJECT PERIOD. SCHEDULE K, PART II, COLUMN A, LINE 11 THIS AMOUNT CONSISTS OF $9,971,953.65 OF BOND PROCEEDS USED TO REDEEM THE 2008A BONDS AND $294.77 OF BOND PROCEEDS REMAINING IN THE PROJECT FUND AFTER COMPLETION OF THE PROJECT AND ALLOCATED TO INTEREST ON THE BONDS. SCHEDULE K, PART III, COLUMN A THE BONDS WERE ISSUED TO (1) FINANCE NEW CAPITAL PROJECTS FOR THE UNIVERSITY, AND (2) REFUND THE UNIVERSITY'S SERIES 2008 BONDS, WHICH BONDS REFINANCED IN PART PROJECTS ORIGINALLY FINANCED PRIOR TO JANUARY 1, 2003. PART III HAS BEEN COMPLETED FOR THE UNIVERSITY'S CAPITAL PROJECTS ORIGINALLY FINANCED AFTER JANUARY 1, 2003. PART III, COLUMN A, LINE 5 THIS AMOUNT REPRESENTS THE MAX AMOUNT OF POTENTIAL PRIVATE BUSINESS USE THAT MAY HAVE RESULTED FROM UNRELATED TRADE OR BUSINESS ACTIVITY AND DOES NOT TAKE INTO ACCOUNT ANY EQUITY IN THE PROJECT. PART IV, COLUMN A, LINE 2C ARBITRAGE COMPUTATION DATED AS OF JUNE 30, 2017. WYNNDEE LEE A TERM TRUSTEE OF OTTAWA UNIVERSITY 15000 SCHOLARSHIP FOR DAUGHTER EDUCATION DAVID TYNER THE SON OF DENNIS TYNER, AN EMPLOYEE OF OTTAWA UNIVERSITY 48448 EMPLOYEE COMPENSATION 0 BARRY PELTON A TRUSTEE OF OTTAWA UNIVERSITY 100000 OTTAWA UNIVERSITY HAS AN OPERATING LEASE WITH BARRY PELTON TO LEASE APARTMENTS WHICH HE HAS PLEDGED TO DONATE TO THE UNIVERSITY AFTER THE LEASE ENDS. THE UNIVERSITY ALSO HIRES PELTON PAINTING FOR MAINTENANCE WORK ON CAMPUS. 0 PATTY TYNER THE WIFE OF DENNIS TYNER, AN EMPLOYEE OF OTTAWA UNIVERSITY 19569 EMPLOYEE COMPENSATION 0 KANDI TYNER THE DAUGHTER OF DENNIS TYNER, AN EMPLOYEE OF OTTAWA UNIVERSITY 5861 EMPLOYEE COMPENSATION 0 HENRY HANK SCHERICH A TRUSTEE OF OTTAWA UNIVERSITY 62814 HENRY IS THE OWNER OF MEASUREMENT, INC., WHICH LEASES SPACE AT THE UNIVERSITY'S BROOKFIELD WISCONSIN CAMPUS. THIS LEASE IS AT THIRD PARTY RATES. 0 WAYNE DUDERSTADT A TERM TRUSTEE OF OTTAWA UNIVERSITY WAYNE IS SENIOR VICE PRESIDENT OF KANSAS STATE BANK. OTTAWA UNIVERSITY HAS A MORTGAGE LOAN WITH KANSAS STATE BANK. 0 X 1 117000 APPRAISAL 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE 990. OTTAWA UNIVERSITY'S AUDIT COMMITTEE, OFFICERS, AND DIRECTOR OF FISCAL OPERATIONS/CONTROLLER REVIEW THE 990. A COMPLETE COPY OF THE 990 IS THEN DISTRIBUTED TO ALL VOTING MEMBERS OF THE BOARD BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS MONITORED ON AN ANNUAL BASIS. ALL OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES MUST REVIEW THE CONFLICT OF INTEREST POLICY AND SIGN IT ANNUALLY. CURRENTLY, THE HUMAN RESOURCES DEPARTMENT MANAGES THE POLICY AND ANY CONFLICTS THAT MAY ARISE. IT IS THE DUTY OF THE AUDIT COMMITTEE TO DETERMINE IF THERE IS A CONFLICT OF INTEREST. IF THE COMMITTEE DETERMINES A CONFLICT EXISTS, THE BOARD MEMBERS INVOLVED IN THE CONFLICT WILL DISMISS THEMSELVES FROM MEETINGS AND/OR ABSTAIN FROM VOTING DURING DISCUSSIONS OF ISSUES THAT RELATE TO THESE SPECIFIC MEMBERS. FORM 990, PART VI, SECTION B, LINE 15A THE MANAGEMENT REVIEW COMMITTEE OF OTTAWA UNIVERSITY, WHICH INCLUDES THE CHAIRMAN OF THE BOARD, PERFORMS A REVIEW OF THE CHIEF EXECUTIVE OFFICER'S (CHANCELLOR) COMPENSATION ANNUALLY UTILIZING RESOURCES DEEMED NECESSARY INCLUDING COMPARABLE MARKET RESEARCH DATA AND PERFORMANCE METRICS. THE COMPENSATION REVIEW AND APPROVAL PROCESS IS DOCUMENTED IN THE COMMITTEE MINUTES. THE CHANCELLOR OF THE UNIVERSITY AND THE HUMAN RESOURCES DIRECTOR USE COMPARABLE DATA TO REVIEW COMPENSATION FOR ALL OTHER OFFICERS OF THE ORGANIZATION AS WELL AS KEY EMPLOYEES WHEN THE INDIVIDUALS ARE HIRED AND ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 2C: PROCESS HAS NOT CHANGED FROM PRIOR YEAR. OTTAWA INVESTMENT MANAGEMENT SERVICES 1001 S CEDAR 20 OTTAWA KS 66067 480543772 INVESTMENT KS 0 0 OTTAWA UNIV STOUT TW M&T INVESTMENT GROUP PO BOX 1377 BUFFALO NY 14240 TRUST NY OTTAWA U T 1020189 0.80000 0 HENDERSON & SARAH MARTIN TRUST US BANK 900 MASSACHUSETTS STREET LAWRENCE KS 66044 486235096 TRUST KS OTTAWA U T 410056 1.00000 0 BELVIN SCHOL BAPTIST FDN OF OK 3800 N MAY AVE OKLAHOMA CITY OK 73112 730623038 TRUST OK OTTAWA U T 25685 1.00000 0 CHARITABLE REMAINDER ANNUITY TRUST (1) PO BOX 851 VALLEY FORGE PA 19482 CRAT PA OTTAWA U T 346117 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0