2018-05-15T08:54:29-07:00 2017-06-30 990 2016-07-01 440545271 COTTEY COLLEGE COTT 4176678181 1000 West Austin Nevada MO 64772 Amy Ruetten VP Admin/FInance 4176678181 2018-05-15 2016 2022-09-23 18:48:47Z Jann Weitzel 1000 W Austin Nevada MO 64772 93370184 0 X www.cottey.edu X 1925 MO Cottey College, an independent liberal arts and sciences college, educates women to be contributing members of a global society through a challenging curriculum and a dynamic campus experience. In our diverse and supportive environment, women develop their potential for personal and professional lives of intellectual engagement and thoughtful action as learners, leaders, and citizens. 11 11 532 500 0 0 5662933 7603734 8589339 7460685 4466958 3662015 686669 1132508 19405899 19858942 8074785 3929953 0 0 9056747 9666133 0 0 630411 4710755 5173913 21842287 18769999 -2436388 1088943 111260378 119186100 1679567 1372789 109580811 117813311 Cottey College, an independent liberal arts college, educates women to be contributing members of a global society through a challenging curriculum and a dynamic campus experience. In our diverse and supportive environment, women develop their potential for personal and professional lives of intellectual engagement and thoughtful action as learners, leaders, and citizens. 0 0 13132962 3929953 7460685 Higher education services expenses were incurred in the operation of a liberal arts college. The college educates women to become contributing members of a global society through a challenging curriculum and a dynamic campus experience. Approximately 300 students attended during the reporting period. The instructional area is the primary area for all program expenses. 0 0 0 13132962 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 461 0 532 1 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X Amy Ruetten Cottey College 4176678181 1000 West Austin Nevada MO 64772 James Bickel Board Member 3 0 X 0 0 0 Peggy Bottorf Board Member 3 0 X 0 0 0 Grace Chalker Secretary 5 0 X X 0 0 0 Diann McChesney Board Member 3 0 X 0 0 0 Sandra Laney Board Member 3 0 X 0 0 0 Chris Scheuneman Board Member 3 0 X 0 0 0 Mathilda Hatfield Chair 5 0 X X 0 0 0 Cheryl Denslow Board Member 3 0 X 0 0 0 Gary Cox Board Member 3 0 X 0 0 0 Jackie McMorris Board Member 3 0 X 0 0 0 Georgann Douglas Board Member 3 0 X 0 0 0 Chioma Ugochukwu Vice President for Academic Affairs 50 0 X 134216 0 9368 Jann Weitzel President 60 X 156342 0 12968 Sherri Taylor Vice President for Institutional Advancement Through August 2015 50 0 X 77919 0 5065 Amy Ruetten VP for Administration and Finance 50 0 X 100247 0 6833 468724 0 34234 3 0 1 0 0 0 0 916124 0 6687610 133571 7603734 Tuition and Fees 611310 6860407 6860407 0 0 Student Financial aid 611310 600278 600278 0 0 0 0 0 0 7460685 2402417 0 0 2402417 0 0 0 0 0 0 0 0 0 0 74770840 0 73511242 0 1259598 0 1259598 0 0 1259598 0 0 0 0 0 0 Agency 611310 175547 0 0 175547 Miscellaneous 611310 956961 0 0 956961 0 0 0 0 1132508 19858942 7460685 0 4794523 3929953 3929953 675179 171056 373425 130698 6693648 4796117 1682973 214558 349736 246438 90182 13116 1468126 987850 412516 67760 479444 336995 126419 16030 40516 0 40516 0 61590 0 61590 0 277136 0 277136 0 340906 200333 62926 77647 596586 370958 177144 48484 185604 78623 94081 12900 784664 218064 566600 0 559719 440372 70129 49218 73260 25984 47276 0 337816 282780 55036 0 202828 42235 160593 0 Administration 521273 0 521273 0 Student Services 480020 435731 44289 0 Instruction 276444 133922 142522 0 Auxiliary 435551 435551 0 0 18769999 13132962 5006626 630411 5182582 5439191 2032630 2460350 26807 33643 254706 248863 27361 64665 8498213 7561407 878445 936806 69736117 89060000 32151729 19938553 970001 1004029 111260378 119186100 1000532 718313 67682 67322 611353 587154 1679567 1372789 X 22916379 22510095 15240522 20233868 71423910 75069348 109580811 117813311 111260378 119186100 X 1088943 6870061 0 0 0 273496 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 94160909 3540842 9505184 1586915 5275650 0 100344370 98971229 2892514 -2313835 1529621 3859378 0 94160909 101534880 1928856 814802 1426032 3881277 0 98971229 92749441 2053806 11755880 1253061 3771186 0 101534880 86375520 2384552 8819757 1475186 3355202 0 92749441 0.2 0.15 0.65 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 8498213 7561407 936806 0 0 0 0 936806 Fund of Funds 6658720 F Managed Futures 3622411 F Beneficial Interest in Perpetual Trust 9657422 F 19938553 0 Damage deposits 22075 Annuity obligations 94454 Liability under charitable remainder trusts 470625 587154 X 24599352 6870061 2070000 0 0 8940061 15659291 0 4199651 4199651 19858942 16366852 2070000 0 0 0 2070000 14296852 0 4473147 4473147 18769999 Schedule D, Part V, Line 4 The College uses the endowment funds to provide scholarships or support the education of young women. Schedule D, Part X, Line 2 The College follows Accounting for Uncertainty in Income Taxes. This standard clarifies the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribes a recognition threshold for the financial statement recognition of tax positions taken or expected to be taken on a tax return that are not certain to be realized. The College has no uncertain tax positions resulting in an accurual of tax expense or benefits. Schedule D, Part XI, Line 4b Scholarships $3,154,128, change in split interest agreement $265,824, change in perpetual interest in trust $-539,321, investment fees $277,136, Agency $1,041,884 Schedule D, Part XII, Line 4b Scholarships $3,154,128, Agency $1,041,884, investment fees $277,135 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 publicizes its racially nondiscriminatory policy in the school catalog available online, college brochures, and on the website. Schedule E, Part I, Line 6 The College received aid from the following: U.S. Department of Education student financial aid programs, Federal Pell Grant, Federal Opportunity Grant Program, Federal Work Study Program. The college also participates in the Higher Educational Act Federal Family Loan Program (Federal Stafford Loan, Federal Supplemental Loans for students and the Federal Plus Loans). Europe (including Iceland and Greenland) 0 0 Program Services Students have the opportunity to travel to an international country as a week long study abroad trip in Italy. 273270 Sub-Saharan Africa 0 0 Program Services Students have the opportunity to travel to an international country as a week long study abroad trip in Tanzania. 43226 East Asia and the Pacific 0 0 Program Services Students have the opportunity to travel to an international country as a week long study abroad trip in Thailand. 27906 East Asia and the Pacific 0 0 Program Services Students have the opportunity to travel to an international country as a week long study abroad trip in New Zealand. 41387 0 0 385789 0 0 0 0 0 0 1 Grants are used to pay for the college educational expenses for the students. 291 3929953 0 Schedule I, Part I, Line 2 Grants are awarded to students based on eligibility requirements which are determined on the basis of financial need academic ability and (or) special abilities. Need based financial aid is determined by using federal regulations. Students must also maintain satisfactory academic progress which is monitored at the end of each semester. All grants are applied to tuition and fee accounts. X X X 1 1 X X 0 0 0 0 0 0 0 0 0 Jann Weitzel President 187319 0 0 0 0 0 13312 0 9135 0 209766 0 0 0 Schedule J, Part I, Line 1a As a condition of employment the President is required to live in housing supplied by the College. In additional, travel for her companion is provided when they are representing the institution at public functions across the country. All travel expenses do require documentation and are not taxable to the individual. All of the Vice Presidents have small discretionary funds with their individual departments. All expenses do require documentation and are not taxable to the individuals. X 11 133571 Market Value 0 0 1 0 Form 990, Part VI, Section A, Line 7a The Board of Trustees at Cottey is appointed by the International P.E.O. Sisterhood. Form 990, Part VI, Section B, Line 11b The Board will have access to review the entire 990 before it is submitted to the IRS. In addition the Audit, Compliance and Risk committee will do an in depth review of the return. Form 990, Part VI, Section B, Line 12c The Board of Trustees all fill out a conflict of interest statement on a yearly basis. That statement is reviewed by the audit, compliance and risk committee. The leadership team is also required to fill out conflict of interest statements. Those statements are reviewed by the President. If a potential conflict is noted those are investigated on a case by case basis. Form 990, Part VI, Section B, Line 15 The salaries are reviewed by the Board on an annual basis within the budget process. In addition the College looks at industry publications when looking at salaries. Form 990, Part VI, Section C, Line 19 Documents are made available to the public upon written request to the institution. Form 990, Part XI, Line 9 Change in split interest agreement $-265,824, change in perpetual interest in beneficial trust $539,320 International Chapter PEO Sisterhood 3700 Grand Avenue Des Moines IA 503122899 420453829 Promotes womens education IA 501c(4) N/A 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 The College applied for and received an extension to file the tax return until February 15, 2018.