2019-05-15T17:46:51-05:00 2018-06-30 810385940 ANDERSON ZURMUEHLEN & CO PC PO BOX 20435 BILLINGS MT 591040435 990 2017-07-01 810235407 ROCKY MOUNTAIN COLLEGE ROCK 4066571022 1511 POLY DRIVE BILLINGS MT 59102 MELODIE CHARETTE CHIEF FINANCIAL OFFICER 4066571022 2019-05-15 1 STEFENI S FREESE CPA P00124115 4062455136 2019-05-15 71.92.235.242 2019-05-15 14:46:47 MD P 73C55A8796615D8274CBD3C40D03DCE9DAAF8850 73C55A8796615D8274CBD3C40D03DCE9DAAF8850 2017 2019-02-21 02:37:17Z MELODIE CHARETTE 1511 POLY DRIVE BILLINGS MT 59102 49085595 0 X WWW.ROCKY.EDU X 1947 MT ROCKY MOUNTAIN COLLEGE EDUCATES FUTURE LEADERS THROUGH LIBERAL ARTS AND PROFESSIONAL PROGRAMS THAT CULTIVATE CRITICAL THINKING, CREATIVE EXPRESSION, ETHICAL DECISION MAKING, INFORMED CITIZENSHIP, AND PROFESSIONAL EXCELLENCE. 26 26 824 26 236598 -66651 5933672 5363064 31439913 32511468 1511876 1965290 327493 324990 39212954 40164812 13967225 15021672 0 0 14348866 14749135 69285 26386 780185 9888782 10654892 38274158 40452085 938796 -287273 68558114 69376924 15189931 15274295 53368183 54102629 X ROCKY MOUNTAIN COLLEGE EDUCATES FUTURE LEADERS THROUGH LIBERAL ARTS AND PROFESSIONAL PROGRAMS THAT CULTIVATE CRITICAL THINKING, CREATIVE EXPRESSION, ETHICAL DECISION MAKING, INFORMED CITIZENSHIP, AND PROFESSIONAL EXCELLENCE. 0 0 25450930 15021672 29025038 INSTRUCTION - HIGHER EDUCATION PROGRAM LEADING TO A BACCALAUREATE DEGREE OR MASTERS DEGREE IN PROFESSIONAL STUDIES OR LIBERAL ARTS. ROCKY MOUNTAIN COLLEGE SERVES 700 TO 1,000 STUDENTS PER SEMESTER. 5881019 STUDENT SERVICES - DEAN OF STUDENTS ADMINISTRATION, STUDENT ACTIVITIES, PUBLICATIONS, CAREER COUNSELING, FINANCIAL AID, REGISTRAR, ADMISSIONS, STUDENT RECORDS (REGISTRAR), ETC. 3422710 3502839 AUXILIARY SERVICES - STUDENT RESIDENCE HALLS, DINING, BOOKSTORE, SUMMER CAMPS, CONFERENCES, ATHLETICS. 1970470 ACADEMIC SUPPORT - ACADEMIC ADMINISTRATION, LIBRARIES, STUDENT ADVISING, ACADEMIC COMPUTING, ETC. 1970470 36725129 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 0 1 0 1 0 1 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 1 169 0 1 824 1 1 1 0 0 0 1 1 1 1 0 0 0 0 X 26 26 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X MELODIE CHARETTE 4066571022 1511 POLY DRIVE BILLINGS MT 59102 ROCKWOOD BROWN BOARD MEMBER 1.00 X 0 0 0 DAVID DIETRICH BOARD MEMBER 1.00 X 0 0 0 JOHN EISENHAUER BOARD MEMBER 1.00 X 0 0 0 JOHN FELTON BOARD MEMBER 1.00 X 0 0 0 REV GEORGE GOODRICH BOARD MEMBER 1.00 X 0 0 0 MIKE GULLEDGE BOARD MEMBER 1.00 X 0 0 0 KATIE HOLLAND BOARD MEMBER 1.00 X 0 0 0 DENA JOHNSON BOARD MEMBER 1.00 X 0 0 0 ROD KASTELITZ BOARD MEMBER 1.00 X 0 0 0 GREG MCDONALD BOARD MEMBER 1.00 X 0 0 0 REV BARBARA MINER BOARD MEMBER 1.00 X 0 0 0 JACK MOWELL BOARD MEMBER 1.00 X 0 0 0 RANDY SCOTT BOARD MEMBER 1.00 X 0 0 0 BARB SKELTON BOARD MEMBER 1.00 X 0 0 0 RALPH SPENCE BOARD MEMBER 1.00 X 0 0 0 REV MARC STEWART BOARD MEMBER 1.00 X 0 0 0 RODNEY SVEE BOARD MEMBER 1.00 X 0 0 0 PETE TAYLOR BOARD MEMBER 1.00 X 0 0 0 JIM WINCHELL BOARD MEMBER 1.00 X 0 0 0 REV DAVID BURT BOARD MEMBER 1.00 X 0 0 0 CHRIS DORR BOARD MEMBER 1.00 X 0 0 0 WALLACE STADTFELD BOARD MEMBER 1.00 X 0 0 0 MARY UNDERRINER BOARD MEMBER 1.00 X 0 0 0 MIKE WALKER CHAIR 1.00 X X 0 0 0 LYLE KNIGHT CHAIR ELECT 1.00 X X 0 0 0 CHUCK TOOLEY SECRETARY 1.00 X X 0 0 0 STEPHEN CRISMAN VICE PRESIDENT OF INSTITUTIONAL ADVANCEMENT 40.00 X 13120 0 6952 TYLER WILTGEN VICE PRESIDENT OF ADVANCEMENT 40.00 X 98291 0 30005 MELODIE CHARETTE CHIEF FINANCIAL OFFICER 40.00 X 125133 0 31188 BRAD NASON VICE PRESIDENT/DEAN FOR STUDENT LIFE 40.00 X 112924 0 25240 STEPHEN GERMIC PROVOST/ACADEMIC VICE PRESIDENT 40.00 X 108119 0 29151 ROBERT WILMOUTH PRESIDENT 40.00 X 93572 0 33158 DANIEL HARGROVE PROFESSOR, AVIATION 40.00 X 106737 0 12012 STEPHANIE SCHMITZ DIRECTOR, EDUCATIONAL LEADERSHIP 40.00 X 140440 0 36090 ANTHONY PILTZ PROFESSOR, ACCOUNTING 40.00 X 118910 0 23636 HEATHER HEGGEM DIRECTOR, PHYSICIAN ASSISTANT 40.00 X 111368 0 12482 1028614 0 239914 7 0 1 0 DICK ANDERSON CONSTRUCTION INC PO BOX 31511 BILLINGS MT 591071511 CONSTRUCTION SERVICES 6798054 SODEXO INC & AFFILIATES 1511 POLY DRIVE BILLINGS MT 59102 FOOD SERVICES 1366439 INTERMOUNTAIN EQUESTRIAN CENTER 7256 HWY 3 BILLINGS MT 59106 EQUESTRIAN BOARDING 276254 CAMPUS MANAGEMENT CORP 1219 CANVASBACK COURT FORT COLLINS CO 805258836 SAS (SOFTWARE AS A SERVICE) 188270 ALPHAGRAPHICS PO BOX 81691 BILLINGS MT 591081691 PRINTING SERVICES 154810 5 474050 2422095 2466919 281890 5363064 TUITION AND FEES 611600 29003095 29003095 RESIDENCE HALLS 721000 1740749 1740749 CAFETERIA/DINING 722514 1230446 1230446 COMMUNITY SERVICES 900099 138248 138248 ATHLETICS 900099 132158 132158 266772 266772 32511468 984101 984101 4576 4576 65965 36888 29077 29077 29077 9715286 17840 8750506 1431 964780 16409 981189 16409 964780 100805 474050 107610 -6805 -6805 85892 24348 61544 61544 CAMPS 721310 143718 143718 HEALTH CLUB 713940 89880 89880 ADVERTISING 900099 2500 2500 500 500 236598 40164812 32527877 236598 2037273 15021672 15021672 604669 256438 250116 98115 11208412 10218967 623224 366221 426333 376050 36456 13827 1706753 1016207 642514 48032 802968 736189 33568 33211 15166 7960 7206 48200 48200 26386 26386 241165 241165 1513879 1165884 302464 45531 204382 194453 6990 2939 2426981 2329212 25761 72008 394612 182799 196238 15575 1217182 1085443 130033 1706 1437489 1337744 58916 40829 50855 42456 7499 900 322586 165869 156717 1821615 1821615 428825 168924 259901 MEMBERSHIP FEES 271518 214018 51031 6469 OTHER EXPENSES 170661 142413 19812 8436 BAD DEBT EXPENSE 89776 89776 INDIRECT COSTS ALLOCATI 0 240816 -240816 40452085 36725129 2946771 780185 1971435 2170515 591349 322447 347482 224049 750722 713322 415067 475943 59160793 30685162 24192128 28475631 31477790 31473513 8812141 5521504 68558114 69376924 3278389 2419917 85400 10129141 11040112 1697001 1814266 15189931 15274295 X 11462440 15063779 13701219 10865734 28204524 28173116 53368183 54102629 68558114 69376924 X -287273 1029806 -8087 X X 0 1 X 1 1 1 X 12001 387051 X 0 29722840 152468 2330447 920885 485230 251531 30548109 26460611 1952948 2644439 741770 375225 218163 29722840 26149773 134156 1717440 947746 412500 180512 26460611 26250383 341503 1123365 925450 368830 271198 26149773 23097695 252835 3628723 435695 113900 179275 26250383 0.04900 0.78510 0.16590 0 0 288000 110978 398978 436780 42678846 19463998 23651628 3688981 1311312 2377669 11570157 9909852 1660305 189536 197515 387051 28475631 FUNDS HELD IN TRUST 5521504 5521504 STUDENT DEPOSITS 727644 ANNUITY LIABILITIES 283148 FEDERAL PERKINS STUDENT LOAN PROGRAM 803474 1814266 26068446 1021719 168846 1190565 24877881 265259 15021672 15286931 40164812 25334000 168846 168846 25165154 265259 15021672 15286931 40452085 PART III, LINE 4: THE COLLEGE'S COLLECTIONS OF ART ARE HELD FOR PUBLIC EXHIBITIONS AND EDUCATION. PART V, LINE 4: APPROXIMATELY TWO THIRDS OF THE VALUE OF THE ENDOWMENT FUNDS IS COMMITTED TO SUPPORT SCHOLARSHIPS. THE REMAINING ENDOWMENT FUNDS, INCLUDING THE MODEST BOARD-DESIGNATED FUNDS, SUPPORT THE GENERAL OPERATIONS OF THE COLLEGE. SOME OF THE INCOME FROM THESE LATTER ENDOWMENT IS RESTRICTED FOR THINGS SUCH AS BUILDING AND GROUNDS MAINTENANCE, LIBRARY RESOURCES, SPECIFIC ACADEMIC PROGRAMS AND ACADEMIC CHAIRS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RAFFLE PRIZES RENTAL EXPENSES SPECIAL EVENT EXPENSES PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS PART XII, LINE 2D - OTHER ADJUSTMENTS: RAFFLE PRIZES RENTAL EXPENSES SPECIAL EVENT EXPENSES PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS SCHEDULE D PART XI LINE 2D SPECIAL EVENT EXPENSES AND RAFFLE PRIZES WERE INCLUDED WITH EXPENSES IN THE AUDITED FINANCIAL STATEMENTS. SPECIAL EVENT EXPENSES AND RAFFLE PRIZES ARE REPORTED NET OF FUNDRAISING REVENUE ON THE FORM 990. RENTAL EXPENSES WERE INCLUDED WITH EXPENSES IN THE AUDITED FINANCIAL STATEMENTS. RENTAL EXPENSES ARE REPORTED NET OF RENTAL INCOME ON THE FORM 990. SCHEDULE D PART XII LINE 2D SPECIAL EVENT EXPENSES AND RAFFLE PRIZES WERE INCLUDED WITH EXPENSES IN THE AUDITED FINANCIAL STATEMENTS. SPECIAL EVENT EXPENSES AND RAFFLE PRIZES ARE REPORTED NET OF FUNDRAISING REVENUE ON THE FORM 990. RENTAL EXPENSES WERE INCLUDED WITH EXPENSES IN THE AUDITED FINANCIAL STATEMENTS. RENTAL EXPENSES ARE REPORTED NET OF RENTAL INCOME ON THE FORM 990. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ROCKY MOUNTAIN COLLEGE CATALOG - "ROCKY MOUNTAIN COLLEGE DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, SEX, RELIGION, NATIONAL ORIGIN, CITIZENSHIP, AGE, DISABILITY, OR SEXUAL ORIENTATION IN ADMISSIONS OR ITS POLICIES AND/OR PROGRAMS, EMPLOYMENT OR OTHER ACTIVITIES." SCHEDULE E, PART I, LINE 6 ROCKY MOUNTAIN COLLEGE RECEIVED MONEY FROM THE FEDERAL TITLE IV PROGRAM. OTHER MISCELLANEOUS GRANTS FROM FEDERAL AND STATE GOVERNMENTS ARE ALSO RECEIVED BY ROCKY MOUNTAIN COLLEGE FOR EDUCATION AND RESEARCH PURPOSES. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM ACTIVITIES DEBATE TEAM TRAVEL 6351 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM ACTIVITIES DEBATE TEAM TRAVEL 7278 SOUTH AMERICA 0 0 PROGRAM SERVICES ENVIRONMENTAL SCIENCE 41331 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES ENVIRONMENTAL SCIENCE 74473 0 0 0 0 0 0 129433 0 129433 0 0 0 0 0 0 X X X X X X X 1 GONSER GERBER 1776 LEGACY CIR NAPERVILLE IL 60563 GENERAL CONSULT 0 0 26386 0 26386 BLACK TIE BLUE JEANS AUCTION 552815 469185 83630 7310 17319 9000 63478 ALUMNI GOLF TOURNAMENT 11990 4865 7125 1982 2278 2290 715 1 10050 10050 3238 574855 474050 100805 1982 12826 19609 9000 64193 107610 -6805 85892 8298 16050 0 85892 8298 16050 24348 61544 MT 0 ROCKY MOUNTAIN COLLEGE HOLDS VARIOUS RAFFLES THROUGHOUT THE YEAR. ROCKY MOUNTAIN COLLEGE APPLIES WITH THE STATE OF MONTANA TO CONDUCT RAFFLES, WHICH IS DONE ANNUALLY. 0 0 0 1.00000 0 0 1 PELL GRANTS 334 1366284 RMC GRANTS 899 13512932 SEOG GRANTS 204 127560 TEACH GRANTS 4 14896 PART I, LINE 2: ROCKY MOUNTAIN COLLEGE AWARDS FINANCIAL AID WHICH COMES FROM FEDERAL AND STATE FUNDS, ENDOWMENT FUNDS, DONATIONS, ETC. THE STUDENTS ARE SELECTED BASED ON THE INDIVIDUAL FUND REQUIREMENTS AND IS POSTED TO THEIR ACCOUNT AS A REDUCTION. IF FUNDS EXCEED TUITION AND FEES, THE STUDENT IS GIVEN THE EXTRA FUNDS FOR LIVING EXPENSES. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 MELODIE CHARETTE CHIEF FINANCIAL OFFICER 125133 0 0 0 0 0 6017 0 25171 0 156321 0 0 0 STEPHANIE SCHMITZ DIRECTOR, EDUCATIONAL LEADERSHIP 140440 0 0 0 0 0 6413 0 29677 0 176530 0 0 0 PART I, LINE 1A DUES WERE PAID FOR MEMBERSHIPS IN SOCIAL AND CIVIC CLUBS FOR ROBERT WILMOUTH AND TYLER WILTGEN. THESE CLUB VENUES ARE USED TO NETWORK AND SOLICIT DONATIONS FOR THE COLLEGE. NONE OF THE DUES ARE TREATED AS TAXABLE COMPENSATION. PART I, LINE 3 A COMPENSATION COMMITTEE FORMED BY TRUSTEES OF THE COLLEGE DETERMINES THE SALARY OF THE PRESIDENT, WHICH IS THEN APPROVED BY THE BOARD OF TRUSTEES. THE PROCESS FOR DETERMINING COMPENSATION USES OUTSIDE SOURCES SUCH AS CUPA-HR ADMINISTRATIVE COMPENSATION SURVEY AS WELL AS INFORMATION AND REPORTING FROM THE CHRONICLE OF HIGHER EDUCATION. A CITY OF BILLINGS MT 816001237 2011-03-31 2610868 PNC ENERGY PERFORMANCE AUDIT 0 0 0 B CITY OF BILLINGS MT 816001237 2004-02-18 10200000 2004 HIGHER ED NOTE 0 0 0 A 525477 2610868 52000 2610868 0 0 1 1 B 3481869 10200000 204000 5765700 4230300 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 1 0 0 0 0 0 B 1 0 0 0 0 0 A 0 B 0 BARB SKELTON TRUSTEE 278333 INDEPENDENT CONTRACTOR - BARB SKELTON (TRUSTEE) AND HER HUSBAND OWN INTERMOUNTAIN EQUESTRIAN CENTER. ROCKY MOUNTAIN COLLEGE PAYS INTERMOUNTAIN EQUESTRIAN CENTER FOR THE BOARDING OF STUDENT HORSES FOR THE EQUESTRIAN PROGRAM. 0 MARY UNDERRINER TRUSTEE 35703 VEHICLE LEASES - MARY UNDERRINER IS MARRIED TO THE OWNER OF UNDERRINER MOTORS. ROCKY MOUNTAIN COLLEGE LEASES SEVERAL VEHICLES FROM UNDERRINER MOTORS. 0 X 2 12001 FAIR MARKET VALUE X 9 204423 FAIR MARKET VALUE X AUCTION PROPERTY 0 43984 X RAFFLE ROLEX WATCHES 1 16050 X PHYSICIAN'S ASSISTANT PROGRAM EQUIPMENT 1 4432 X OCCUPATIONAL THERAPY PROGRAM 1 1000 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 BARB SKELTON (TRUSTEE) AND ROCKWOOD BROWN (TRUSTEE) - BUSINESS RELATIONSHIP SAFEGUARDS HAVE BEEN IMPLEMENTED TO ENSURE COMPLIANCE WITH ORGANIZATIONAL POLICIES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE ELECTRONICALLY. THE AUDIT COMMITTEE THEN MEETS WITH THE FINANCIAL STAFF FOR A QUESTION AND ANSWER SESSION. ONCE APPROVAL IS GIVEN THROUGH THE AUDIT COMMITTEE, THE RETURN IS FILED. THE APPROVAL IS COMMUNICATED TO THE FULL BOARD OF TRUSTEES AND EACH TRUSTEE MAY RECEIVE A COPY OF THE RETURN UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, TRUSTEES, OFFICERS AND MANAGEMENT EMPLOYEES COMPLETE A CONFLICT OF INTEREST FORM LISTING ANY CONFLICTS THEY MAY HAVE. IF TRUSTEES HAVE A CONFLICT OF INTEREST, THEY ARE NOT ALLOWED TO VOTE ON ANY ISSUES THAT ARE RELATED TO THEIR CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE PRESIDENT OF ROCKY MOUNTAIN COLLEGE IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES. COMPARABLE INFORMATION FROM CUPA-HR ADMNISTRATIVE COMPENSATION SURVEY AND CHRONICLE OF HIGHER EDUCATION ARE USED TO HELP DETERMINE THE SALARY. FORM 990, PART VI, SECTION C, LINE 19 POLICIES ARE AVAILABLE ON THE ROCKY MOUNTAIN COLLEGE WEBSITE. GOVERNING DOCUMENTS AND 990'S ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -8,087. 990 PART XII, LINE 2C-OVERSIGHT OF AUDIT ROCKY MOUNTAIN COLLEGE HAS AN AUDIT COMMITTEE THAT MAINTAINS OVERSIGHT OF THE AUDIT. NO CHANGE TO THIS PROCESS FROM PRIOR YEAR REPORTING.