2019-02-25T11:06:20-06:00 2018-05-31 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2017-06-01 470376524 NEBRASKA WESLEYAN UNIVERSITY NEBR 4024652119 5000 SAINT PAUL AVENUE LINCOLN NE 685042794 FREDERIK OHLES PRESIDENT 4024652119 2019-02-18 1 KAREN GRIES P00078514 6123764500 67.137.57.251 2019-02-18 09:38:08 CS P 0F6CED516730F26F6D929EFCCC55701A57CAC9CA D58F7A891376973A2C688259087F0D91BA8942CB 2017 2019-02-21 02:37:17Z FREDERIK OHLES 5000 SAINT PAUL AVENUE LINCOLN NE 685042794 85927448 0 X WWW.NEBRWESLEYAN.EDU X 1887 NE NEBRASKA WESLEYAN UNIVERSITY IS AN ACADEMIC COMMUNITY DEDICATED TO INTELLECTUAL AND PERSONAL GROWTH WITHIN THE CONTEXT OF A LIBERAL ARTS EDUCATION AND IN AN ENVIRONMENT OF CHRISTIAN CONCERN. 32 29 1442 100 7118 -219 13515205 8878828 57086966 59395247 486420 640154 753998 758306 71842589 69672535 23533853 25190796 0 0 22638744 23743653 0 0 2216032 17310723 17355705 63483320 66290154 8359269 3382381 130287127 138426671 24951912 25317089 105335215 113109582 X NEBRASKA WESLEYAN UNIVERSITY IS AN ACADEMIC COMMUNITY DEDICATED TO INTELLECTUAL AND PERSONAL GROWTH WITHIN THE CONTEXT OF A LIBERAL ARTS EDUCATION AND IN AN ENVIRONMENT OF CHRISTIAN CONCERN. 0 0 46867475 25190796 59395247 INSTRUCTION - NEBRASKA WESLEYAN UNIVERSITY (NWU) IS A LIBERAL ARTS INSTITUTION DEDICATED TO ACADEMIC EXCELLENCE AND THE DEVELOPMENT OF THE INDIVIDUAL STUDENT. ALL ACADEMIC PROGRAMS CONSIST OF FACE-TO-FACE INSTRUCTION AND INTEGRATE THE LIBERAL ARTS PERSPECTIVE REGARDLESS OF MAJOR FIELD. EACH YEAR NWU SERVES APPROXIMATELY 1,500 TRADITIONAL AGE UNDERGRADUATES EARNING BACHELOR'S DEGREES ON A HIGHLY-RESIDENTIAL CAMPUS IN LINCOLN. IN ADDITION, APPROXIMATELY 600 ADULT NONTRADITIONAL PROGRAMS, INCLUDING AT A SITE IN OMAHA. NWU IS 8TH NATIONALLY IN ACADEMIC ALL-AMERICA AWARDS WITH 162. NWU HAS PRODUCED FOUR FULBRIGHT SCHOLARS A YEAR SIX TIMES SINCE 2000. NWU IS SECOND IN DIVISION III FOR NCAA POSTGRADUATE SCHOLARSHIPS, AND FIFTH FOR ALL U.S. SCHOOLS OF ALL SIZES. 8606617 0 0 NEBRASKA WESLEYAN UNIVERSITY'S LIVING-LEARNING ENVIRONMENT FOCUSES ON STUDENT SUCCESS THROUGH DEVELOPMENT OF THE WHOLE PERSON. STUDENT WELL-BEING AND PERSONAL GROWTH ARE SUPPORTED BY SERVICES IN CAREER GUIDANCE, HEALTH SERVICES INCLUDING COUNSELING, ORGANIZATIONAL INVOLVEMENT, AND MULTIPLE ENRICHMENT OPPORTUNITIES. ONE-THIRD OF STUDENTS PARTICIPATE IN INTERCOLLEGIATE ATHLETICS AS PART OF THEIR EDUCATIONAL EXPERIENCE. NWU IS A LONG-TIME MEMBER OF NCAA DIVISION III AND BEGAN COMPETITION IN THE IOWA INTERCOLLEGIATE ATHLETIC CONFERENCE (IIAC) IN 2017-18. IOWA INTERCOLLEGIATE ATHLETIC CONFERENCE (IIAC) CHANGED IT'S NAME TO AMERICAN RIVERS CONFERENCE. THE PRAIRIE WOLVES MEN'S BASKETBALL TEAM WON THE 2018 NCAA DIVISION III NATIONAL CHAMPIONSHIP. NWU'S HEAD MEN'S BASKETBALL COACH DALE WELLMAN RECEIVED THE BIGGEST HONOR A NCAA DIVISION III BASKETBALL COACH CAN RECEIVE AS HE WAS NAMED THE NATIONAL ASSOCIATION OF BASKETBALL COACHES (NABC) 2018 COACH OF THE YEAR FOR DIVISION III BASKETBALL. 4947024 0 0 ACADEMIC SUPPORT - NEBRASKA WESLEYAN UNIVERSITY INSTRUCTIONAL PROGRAMS ARE STRENGTHENED BY THE UNIVERSITY LIBRARY, INSTRUCTIONAL TECHNOLOGY AND COMPUTER SERVICES, GLOBAL ENGAGEMENT OFFICE, VARIOUS UNIVERSITY FORUM AND LECTURE SERIES AS WELL AS THE SUPPORT OF PROFESSIONAL DEVELOPMENT FOR FACULTY. 60421116 1 1 0 1 0 0 0 0 1 1 1 1 0 1 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 1 0 0 0 1 4978 0 1442 1 1 1 0 0 0 0 0 0 0 0 0 X 32 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X TRISHA GADE-JONES 4024652111 5000 SAINT PAUL AVENUE LINCOLN NE 68504 E SUSAN GOURLEY CHAIR 5.00 0.00 X X 0 0 0 HON JOHN M GERRARD VICE CHAIR 5.00 0.00 X X 0 0 0 L BRADLEY HURRELL TREASURER 5.00 0.00 X X 0 0 0 JUDITH R MAURER SECRETARY 5.00 0.00 X X 0 0 0 JULIE M ANDERSON GOVERNOR 5.00 0.00 X 0 0 0 STEVEN BRUGMAN GOVERNOR 5.00 0.00 X 0 0 0 KEVIN E COOK GOVERNOR 5.00 0.00 X 0 0 0 D TODD DUNCAN GOVERNOR 5.00 0.00 X 0 0 0 DAPHNE HALL GOVERNOR 5.00 0.00 X 0 0 0 DAVID G HANSEN GOVERNOR 5.00 0.00 X 0 0 0 MATT HARRIS GOVERNOR 5.00 0.00 X 0 0 0 B KEITH HEUERMANN GOVERNOR 5.00 0.00 X 0 0 0 GORDON MAC HULL GOVERNOR 5.00 0.00 X 0 0 0 MARY SANDERS JONES GOVERNOR 5.00 0.00 X 0 0 0 EVAN MARSHALL STUDENT GOVERNER 5.00 0.00 X 3471 0 0 BEVERLY MAURER GOVERNOR 5.00 0.00 X 0 0 0 LAWRENCE MOHR GOVERNOR 12.00 0.00 X 0 0 0 STEPHANIE HOWLAND-MOLINE GOVERNOR 5.00 0.00 X 0 0 0 KIM S MOORE GOVERNOR 5.00 0.00 X 0 0 0 ANGIE MUHLEISEN GOVERNOR 5.00 0.00 X 0 0 0 LINDY MULLIN GOVERNOR 5.00 0.00 X 0 0 0 SUSAN KEISLER-MUNRO GOVERNOR 5.00 0.00 X 0 0 0 DIANE NELSON GOVERNOR 5.00 0.00 X 0 0 0 FREDERIK OHLES GOVERNOR 5.00 0.00 X 0 0 0 RACHEL POKORA FACULTY GOVERNOR 5.00 0.00 X 65238 0 15091 LARRY L RUTH GOVERNOR 5.00 0.00 X 0 0 0 BISHOP RUBEN SAENZ GOVERNOR 5.00 0.00 X 0 0 0 L G SEARCEY GOVERNOR 5.00 0.00 X 0 0 0 MARK A SCHULZE GOVERNOR 5.00 0.00 X 0 0 0 JEFF SCHUMACHER GOVERNOR 5.00 0.00 X 0 0 0 RILEY SHENK STUDENT GOVERNER 5.00 0.00 X 78 0 0 SHERYL SNYDER GOVERNOR 5.00 0.00 X 0 0 0 SUZANNE SUGHROUE GOVERNOR 5.00 0.00 X 0 0 0 CORI VOKOUN GOVERNOR 5.00 0.00 X 0 0 0 MARK WALZ GOVERNOR 5.00 0.00 X 0 0 0 F THOMAS WARING GOVERNOR 5.00 0.00 X 0 0 0 BILL WHITE GOVERNOR 5.00 0.00 X 0 0 0 MEGHAN WINCHELL FACULTY GOVERNOR 40.00 0.00 X 54732 0 24349 FREDERIK OHLES PRESIDENT 55.00 0.00 X X 262287 0 80570 JUDITH MUYSKENS PROVOST 55.00 0.00 X 89561 0 11546 JOHN GREVING VICE PRESIDENT FOR UNI ADV 55.00 0.00 X 159785 0 27300 WILLIAM MOTZER VICE PRESIDENT FOR ENROLL 55.00 0.00 X 166589 0 32060 TRISHA GADE-JONES VICE PRESIDENT FOR FINANCE 55.00 0.00 X 134483 0 33457 TYRE MCDOWELL VICE PRESIDENT FOR CAMPUS COMMUNITY 40.00 0.00 X 86104 0 29913 EDUARDO BOUSSON VP & UNIVERSITY MINISTER 40.00 0.00 X 59129 0 5740 PAT PETTIT FACULTY 40.00 0.00 X 102691 0 7385 1184148 0 267411 5 0 1 0 SAMPSON CONSTURCTION CO INC 3730 S 14TH LINCOLN NE 68502 CONSTRUCTION 13507603 SODEXO INC & AFFILIATES 4880 PAYSPHERE CIRCLE CHICAGO IL 60674 CAMPUS FOOD SVC 1666734 KINGERY CONSTURCTION COMPANY 201 N 64TH ST LINCOLN NE 68503 CONSTRUCTION 1022866 THE CLARK ENERSEN PARTNERS 1010 LINCOLN MALL LINCOLN NE 68508 CONSULTING 645542 WEATHERCRAFT COMPANY OF LINCOLN 5410 NW 44TH ST LINCOLN NE 68524 CONSTRUCTION 536310 19 1137811 7741017 726533 8878828 TUITION AND FEES 611310 52479898 52479898 AUXILIARY ENTERPRISES 611710 6915349 6915349 59395247 187396 187396 345050 310421 34629 34629 34629 16397250 15944492 452758 452758 452758 MISCELLANEOUS REVENUE 900099 716559 716559 ATHLETIC FACILITY RENTAL 713940 6553 6553 DAY PASSES 713940 565 565 723677 69672535 59395247 7118 1391342 25190796 25190796 1144261 592529 551732 17152066 15451493 1120486 580087 952883 874395 54759 23729 3260588 2583426 439774 237388 1233855 1057533 103962 72360 51896 51896 42117 42117 3500 3500 116147 116147 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55816535 909664 4204793 2088481 200236 58642275 50901954 1124567 5989624 2064953 134657 55816535 55710739 496843 -3151834 2004436 149358 50901954 55786293 1528200 364414 1876013 92155 55710739 50856462 1990868 4634705 1232007 375990 87745 55786293 0.09490 0.68280 0.22230 1 0 3416067 3416067 64820152 37414099 27406053 658551 323481 335070 15874759 13655931 2218828 16861078 16861078 50237096 HEDGE FUND 5627538 F CHARITABLE LIFE INSURANCE POLICIES 1302241 F 6929779 ASSETS HELD BY BOND TRUSTEE 1631591 BENEF INTEREST IN PERPETUAL TRUSTS 4485585 CHARITABLE REMAINDER TRUSTS HELD BY OTHERS 2452780 CHARITABLE REMAINDER TRUSTS 110679 8680635 CHARITABLE GIFT ANNUITIES 1023093 CHARITABLE REMAINDER TRUST OBLIGATIONS 43963 1067056 X 44481739 0 44481739 25190796 25190796 69672535 41099358 0 41099358 25190796 25190796 66290154 PART III, LINE 4: ART IS DISPLAYED IN CURRENT BUILDING ON THE WAY UP TO THE PRESIDENT'S OFFICE. THEY ARE IN AN ACADEMIC BUILDING WITH SIGNIFICANT STUDENT/FACULTY FOOT TRAFIC. THEY ARE NOT CONSIDERED TO BE ON DISPLAY AS AN ART PIECE. PART IV, LINE 2B: THE UNIVERSITY HOLDS AND MANAGES FUNDS FOR THE PERKINS LOAN PROGRAM ON BEHALF OF THE US DEPARTMENT OF EDUCATION. IN ADDITION, THE UNIVERSITY MAINTAINS ACCOUNTS ON BEHALF OF STUDENT ORGANIZATIONS AND OTHER GROUPS AND INDIVIDUALS WITHIN THE UNIVERSITY COMMUNITY. ALL OF THESE FUNDS ARE CONSIDERED TO BE AGENCY FUNDS (FUNDS HELD FOR OTHERS) FOR FINANCIAL REPORTING PURPOSES BECAUSE THE UNIVERSITY DOES NOT EXERCISE CONTROL OVER HOW THE FUNDS ARE USED. PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 60 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF GOVERNORS TO FUNCTION AS ENDOWMENT. THE UNIVERSITY'S POLICY IS TO APPROPRIATE A SPENDING DISTRIBUTION EACH YEAR IN ACCORDANCE WITH A WRITTEN INVESTMENT POLICY FOR MANAGEMENT OF THE ENDOWMENT. THE ANNUAL APPROPRIATION IS ALLOCATED TO VARIOUS PURPOSES DEPENDING ON THE RESTRICTIONS OR DESIGNATIONS OF THE FUNDS MAKING UP THE ENDOWMENT. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE UNIVERSITY'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE UNIVERSITY UTILIZES THE PROVISIONS OF FASB ASC 7 40-10, ACCOUNTING FOR UNCERTAIN TAX POSITIONS. THE UNIVERSITY CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. THE UNIVERSITY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 25,190,796. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 25,190,796. 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 NONDISCRIMINATORY POLICY IS ON THE UNIVERSITY'S WEBSITE. SCHEDULE E, PART I, LINE 6 UNIVERSITY PARTICIPATES IN FEDERAL AND STATE STUDENT FINANCIAL AID PROGRAMS AND RECEIVED OTHER FEDERALLY FUNDED GRANTS AS A SUBRECIPIENT FROM VARIOUS STATE PASS-THROUGH AGENCIES. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS N/A 5629298 0 0 0 0 0 0 5629298 0 5629298 1 0 0 0 0 0 1 SCHOLARSHIP ASSISTANCE TO STUDENTS 1709 25190796 0 N/A N/A PART I, LINE 2: ALL SCHOLARSHIP AND GRANTS ARE AWARDED TO STUDENTS BASED ON CRITERIA AS SET BY THE STUDENT FINANCIAL AID POLICIES. THESE SCHOLARSHIPS AND GRANTS ARE POSTED DIRECTLY TO THE STUDENT'S ACCOUNT TO BE APPLIED AGAINST CHARGES FOR TUITION, FEES, ROOM, AND BOARD. X X X X X 0 1 X X X 0 1 0 0 0 0 0 0 0 FREDERIK OHLES PRESIDENT 223234 0 0 0 39053 0 56772 0 23798 0 342857 0 0 0 JOHN GREVING VICE PRESIDENT FOR UNI ADV 159665 0 0 0 120 0 11684 0 15616 0 187085 0 0 0 WILLIAM MOTZER VICE PRESIDENT FOR ENROLL 166469 0 0 0 120 0 17982 0 14078 0 198649 0 0 0 TRISHA GADE-JONES VICE PRESIDENT FOR FINANCE 134363 0 0 0 120 0 10091 0 23366 0 167940 0 0 0 PART I, LINE 1A TAX INDEMNIFICATION AND GROSS UP PAYMENTS - COMPENSATION FOR THE DEVELOPMENT OFFICER WAS GROSSED UP FOR THE PERSONAL USE OF A CORPORATE VEHICLE. THE AMOUNT IS INCLUDED IN THE EMPLOYEE'S TAXABLE INCOME. HEALTH OR SOCIAL CLUB DUES - THE PRESIDENT OF THE UNIVERSITY UTILIZES THE MEMBERSHIP FOR BUSINESS PURPOSES. NOT INCLUDED IN THE PRESIDENT'S TAXABLE INCOME SINCE THE USE IS BUSINESS RELATED. PERSONAL SERVICES - THE PRESIDENT IS PROVIDED WITH CLEANING SERVICES AND CATERING FOR UNIVERSITY RELATED EVENTS. THE BUSINESS PORTION IS NOT TAXABLE WITH ANY PERSONAL PORTION BEING INCLUDED IN THE PRESIDENT'S TAXABLE INCOME. REIMBURSEMENTS/PAYMENTS ARE NOT ALLOWED FOR ITEMS LISTED EXCEPT FOR THE PRESIDENT. THE SPECIFIC ITEMS CHECKED ARE ADDRESSED IN THE PRESIDENT'S CONTRACT. PART I, LINE 1B THE UNIVERSITY DOES NOT HAVE WRITTEN POLICIES REGARDING THE PAYMENT OR REIMBURSEMENT OR PROVISION OF ALL THE EXPENSES REPORTED IN LINE 1A. RATHER, THE DESCRIPTION OF BENEFITS PROVIDED AND THE PROCEDURES REGARDING THE EXPENSES ARE INCLUDED IN THE EMPLOYEE'S CONTRACT. PART I, LINE 4B FREDERIK OHLES, $20,000. THE UNIVERSITY ENTERED INTO 457(F) DEFERRED COMPENSATION PLAN WITH THE PRESIDENT OF THE UNIVERSITY. THE UNIVERSITY CREDITED $20,000 TO THE ACCOUNT DURING FISCAL YEAR 2018. ALL AMOUNTS CREDITED TO THE ACCOUNT, INCLUDING INVESTMENT EARNINGS, WILL BE VESTED AND DISTRIBUTED TO HIM ON OR BEFORE AUGUST 15, 2019, PROVIDED HE IS EMPLOYED BY THE UNIVERSITY THROUGH JUNE 30, 2019. A THE CITY OF LINCOLN NEBRASKA 476006256 534271AR2 2012-01-26 19740708 CONSTRUCT, EQUIP, AND IMPROVE FACILITIES & REFUND PRIOR BOND ISSUE 8/1/2002 0 0 0 A 4765000 19745062 1399025 260241 2750159 15335637 2012 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 1 0 0 0 0 0 0 1 A 1 PART II, LINE 3 - THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN (E) DUE TO INVESTEMENT EARNINGS / MARKET VALUE FLUCTUATIONS. CORI VOKOUN PART OWNER OF SAMPSON CONSTRUCTION 13507603 INDEPENDENT CONTRACTOR 0 JEFF SCHUMACHER BOARD MEMBER AND FAMILY MEMBER OWNS STOCK IN ELECTRIC CONTRACTING COMPANY 258428 INDEPENDENT CONTRACTOR 0 JEFF SCHUMACHER BOARD MEMBER OF BLUE CROSS BLUE SHEILD 2838416 INDEPENDENT CONTRACTOR 0 X 4 63474 APPRAISAL X 18 656509 AVERAGE HI/LOW MKT PRICE X GOLF 6 6550 ESTIMATED VALUE 0 0 1 1 PART I, COLUMN (B): THE FIGURES REPORTED IN SCHEDULE M, PART I, COLUMN B REPRESENT THE NUMBER OF CONTRIBUTORS. PART I, LINE 32B: REAL ESTATE AGENTS ARE USED TO SELL GIFTS OF REAL ESTATE. GIFTS OF PUBLICLY TRADED STOCK ARE TRANSFERRED TO A UNIVERSITY BROKERAGE ACCOUNT AND GENERALLY SOLD SHORTLY AFTER THE DONATION. FORM 990, PART VI, SECTION A, LINE 1 EXECUTIVE COMMITTEE CONSISTS OF BOARD OFFICERS (CHAIR, VICE CHAIR, SECRETARY, TREASURER) PRESIDENT OF THE UNIVERSITY, BISHOP OF THE UNITED METHODIST CHURCH HAVING SUPERVISION IN LINCOLN NE AREA, CHAIRS OF THE STANDING COMMITTEES, AND TWO AT-LARGE MEMBERS. EXECUTIVE COMMITTEE HAS AUTHORITY TO ACT ON BEHALF OF THE BOARD ON ALL MATTERS EXCEPT FOR THE FOLLOWING: PRESIDENTIAL SELECTION/TERMINATION; SELECTION OF MEMBERS/OFFICERS OF THE BOARD; AMENDMENTS TO THE ARTICLES OF INCORPORATION AND BYLAWS; REVISION OF THE STATEMENT OF MISSION OF THE UNIVERSITY; AUTHORIZATION OF CORPORATE INDEBTEDNESS; APPROVAL OF THE ANNUAL BUDGET. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE UNIVERSITY'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. A DRAFT OF THE RETURN IS REVIEWED BY THE APPROPRIATE UNIVERSITY ADMINISTRATORS. IN ADDITION, A COPY IS MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF GOVERNORS TO REVIEW AND COMMENT TO THE EXECUTIVE COMMITTEE. IN ADDITION, A DETAILED REVIEW IS CONDUCTED BY THE EXECUTIVE COMMITTEE WHEN THE REVIEW IS COMPLETE. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF GOVERNORS ARE GIVEN AN ANNUAL CONFLICT OF INTEREST STATEMENT TO COMPLETE AND SIGN. THE UNIVERSITY'S CONFLICT OF INTEREST POLICY IS PRINTED ON THE BACK OF THE FORM. THE PRESIDENT'S OFFICE COLLECTS THE FORMS AND RETAINS THEM ON FILE. THE BOARD'S COMPLETED CONFLICT OF INTEREST FORMS ARE DISCLOSED TO ALL BOARD MEMBERS. INDIVIDUAL MEMBERS OF GOVERNANCE WITH A CONFLICT OF INTEREST MAY NOT VOTE ON ANY ISSUE IN WHICH THEY HAVE A CONFLICT OF INTEREST. THE ADMINISTRATIVE COUNCIL MEMBERS ALSO COMPLETE A CONFLICT OF INTEREST FORM ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF GOVERNORS USES INDEPENDENT SURVEY INFORMATION COMPARING COMPENSATION AMONG LIKE INSTITUTIONS TO SET THE COMPENSATION OF THE PRESIDENT AND DOCUMENTS THE DELIBERATIONS AND CONCLUSIONS OF THIS PROCESS. ALL COMPENSATION IS DOCUMENTED IN A CONTRACTUAL ARRANGEMENT. THIS PROCESS LAST OCCURRED IN SPRING 2018. THE PRESIDENT USES INDEPENDENT SURVEY INFORMATION COMPARING COMPENSATION AMONG LIKE INSTITUTIONS TO SET THE COMPENSATION OF THE OFFICERS AND KEY EMPLOYEES AND DOCUMENTS THE DELIBERATIONS AND CONCLUSIONS OF THIS PROCESS. THE EXECUTIVE COMMITTEE OF THE BOARD OF GOVERNORS APPROVES THE COMPENSATION OF THE OFFICERS AND KEY EMPLOYEES AND DOCUMENTS THE CONCLUSIONS. THIS PROCESS LAST OCCURRED IN FALL 2017. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 200,249. NET CHANGE IN BENEFICIAL INTEREST IN PERPETUAL TRUSTS 66,391. NET ENDOWMENT EARNINGS (LOSSES) BEFORE APPROPRIATION 1,670,266. CHANGE IN NET ASSET DUE TO ADUIT ADJUSTMENT -1,061. CHARITABLE REMAINDER TRUSTS (11) 5000 SAINT PAUL AVE LINCOLN NE 68504 CHARITABLE NE NEBRASKA WESLEYAN UNIVERSITY T 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0