2018-02-08T09:17:48-07:00 2017-06-30 990 2016-07-01 382410852 KETTERING UNIVERSITY KETT 8107629790 1700 University Avenue Flint MI 485046214 Thomas W Ayers Treasurer 8107629864 2018-02-08 198.110.6.217 2016 2021-01-29 14:40:06Z Dr Robert K McMahan 1700 University Avenue Flint MI 485046214 95008168 0 X www.kettering.edu X 1982 MI Education. We prepare students for lives of extraordinary leadership and service by linking transformative experiential learning opportunities to rigorous academic programs in engineering, science, mathematics, and business. Founded in 1919 by a group of Flint leaders with a vision for transforming the automobile industry, Kettering University today offers 14 undergraduate degrees, 5 graduate degrees, and a variety of concentrations and minors that allow us to deliver an education that couples theory and practice better than any other institution in the world. At Kettering we are dedicated to achieving the extraordinary through technological innovation, leadership and service. Through growth, global leadership, community outreach and an engaged community of stakeholders we are achieving what we aspire to. Our every action is imbued by a set of values that foster respect, integrity, creativity, collaboration and excellence. 25 24 1079 600 -114060 -114060 6388048 8946469 54229967 57865067 1894430 1906082 536178 614777 63048623 69332395 3416600 3617323 0 0 36095283 37975304 128557 99907 2321168 22063671 24546853 61704111 66239387 1344512 3093008 185085596 194468040 27064935 25375406 158020661 169092634 Education. We prepare students for lives of extraordinary leadership and service by linking transformative experiential learning opportunities to rigorous academic programs in engineering, science, mathematics, and business. Founded in 1919 by a group of Flint leaders with a vision for transforming the automobile industry, Kettering University today offers 14 undergraduate degrees, 5 graduate degrees, and a variety of concentrations and minors that allow us to deliver an education that couples theory and practice better than any other institution in the world. At Kettering we are dedicated to achieving the extraordinary through technological innovation, leadership and service. Through growth, global leadership, community outreach and an engaged community of stakeholders we are achieving what we aspire to. Our every action is imbued by a set of values that foster respect, integrity, creativity, collaboration and excellence. 0 0 18777412 3617323 41389244 Undergraduate Instruction. Delivered 66,245 undergraduate student credit hours of instruction (one student credit hour represents 10 hours of instruction for one student). Awarded 320 baccalaureate degrees in 15 different programs. 2320804 0 6550256 Graduate Instruction. Delivered 7,910 graduate student credit hours of instruction (one student credit hour represents 10 hours of instruction for one student). Awarded 156 master's degrees in 6 different programs. 3827475 2085495 741639 Research. Top three projects: MRI Acquisition of High Resolution Transmission Electron Microscope (HRTEM) to Enhance the Materials Science and Nanotechnology Research and Teaching. Installation of JEOL JEM-2100 Plus high-resolution transmission electron microscope completed. Research includes investigations into novel materials for advanced batteries, fuel cell materials, super-capacitors, thin-film coatings, bio-composites, bacterial magnetosomes, and magnetic nanoparticles for hyperthermia treatment of cancer among others. While many specialized instruments are needed to support these ongoing projects, the unavailability of a TEM seriously limits the scope of this research as it is the only instrument capable of direct imaging and size determination of the broadest range of nanostructures. In addition to the advantages a TEM will bring to ongoing research at Kettering University, it will also have a broad education impact as well. Current courses at Kettering University that have been positively impacted by this instrument include CHME-491 (Nanomaterials), and EP-342 (Materials Science and Nanotechnology). In addition to these courses, many others such as PHYS-378 (Spectroscopy & Microscopy). EP-446 (Solid State Physics), PHYS-495 (Research in Physics) have plans to include this instrument in their curricula. Department of Justice Byrne Innovation "Renew the Avenue". Goals of program are to reduce crime in the University Ave Corridor by 20%, reduce blight by 50% and increase community participation in social events. NSF MRI Acquisition of a 3D Digital Image Correlation Systems to Enhance Research and Teaching. The NSF MRI award was used to purchase a high-speed digital image correlation (DIC) system. The DIC system is currently located in the NVH and Experimental Mechanics Laboratory (NVHEM Lab). Senior personnel have been using this system to accomplish their research. Up to now, five graduate students have used this system to complete their theses. The efforts are published in two journal articles and six conference papers (there are other papers in progress). Furthermore, this system has been used in three graduate and undergraduate courses including Experimental Mechanics, Experimental NVH, and Physical Acoustics. 31474029 185785 5566605 All other Program Services includes Academic Support, Student Services, Institutional Services, and Auxiliary Services. 31474029 185785 5566605 56399720 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 1 1 1 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 2571 0 1 1079 1 1 1 1 CJ 0 0 0 1 1 0 0 0 1 1 0 X 25 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA NY OR X X Beth A Covers 8107629925 1700 University Avenue Flint MI 485046214 Henio Arcangeli Jr Board Vice Chairman 2 X X 0 0 0 Lizabeth A Ardisana Board Member 2 X 0 0 0 Carla J Bailo Board Member 2 X 0 0 0 Jane Boon Board Secretary 2 X X 0 0 0 Walter Borst Board Member 2 X 0 0 0 Donald B Chaffin Board Member 2 X 0 0 0 Bruce D Coventry Board Member 2 X 0 0 0 Gary L Cowger Board Member 2 X 0 0 0 Jacqueline A Dedo Board Member 2 X 0 0 0 Cornelius De Koker Board Member 2 X 0 0 0 Phillip C Dutcher Board Member 2 X 0 0 0 David S Hoyte Board Member 2 X 0 0 0 Charles F Kettering III Board Member 2 X 0 0 0 Jesse Lopez Board Member 2 X 0 0 0 Michael Mansuetti Board Member 2 X 0 0 0 John Moyer Board Member 2 X 0 0 0 Cindy Niekamp Board Member 2 X 0 0 0 Raj Nair Board Member 2 X 0 0 0 Jeffrey Owens Board Chair 2 X X 0 0 0 Raymond Scott Board Member 2 X 0 0 0 Marjorie Sorge Board Member 2 X 0 0 0 Lyn St James Board Member 2 X 0 0 0 Norman Syzdlowski Board Member 2 X 0 0 0 Diana Tremblay Board Chairman/Vice Chair 4 X X 0 0 0 Robert K McMahan President 70 X X 573691 0 150844 James Zhang Provost 55 X 258392 0 39047 Thomas W Ayers Treasurer 55 X 243987 0 38960 Susan Davies VP University Advancement & External Relations 60 X 234526 0 39498 Cornelius Darcy VP Marketing, Communication & Enrollment 55 X 221558 0 25287 Christine Wallace Vice President Kettering Global 55 X 186827 0 31908 Mohammad Torfeh-Isafahan Professor 55 X 171401 0 44844 Craig Hoff Dean of College of Engineering 55 X 169537 0 34925 Bassem Ramadan Professor & Associate Dept Head ME 55 X 166536 0 18670 Basem Alzahabi Professor & Director Office of International Progr 55 X 154248 0 70379 John Geske Department Head - Computer Science 55 X 144208 0 28619 2524911 0 522981 41 0 1 0 Keypath Education LLC 220 N Smith St 201 Palatine IL 60067 Recruitment Services 1224596 Duffey Petrosky & Company 38505 Country Club Dr Farmington Hills MI 48331 Marketing Services 515186 Kevin B Kingsbury Campus Printing Communications 1700 University Ave Flint MI 48504 Printing Services 232231 Target X 1000 River Road Ste 410 Conshohocken PA 194282439 Software Consulting Services 131872 Susan R Pierce SRP Consulting LLC 300 SE 5th Unit 5010 Boca Raton FL 33433 Business Consulting Services 120000 7 0 0 0 0 0 8946469 972117 8946469 Tuition Undergraduate 611310 45006567 45006567 0 0 Tuition & Fees Graduate 611310 6550256 6550256 0 0 Research 611310 741639 741639 0 0 Continuing Education 611310 908993 908993 0 0 Auxilliary Service 611310 4657612 0 0 4657612 0 0 0 0 57865067 1141342 0 -114060 1255402 0 0 0 0 0 0 0 0 91610 0 0 0 91610 0 91610 0 0 91610 26440513 0 25675773 0 764740 0 764740 0 0 764740 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 523167 523167 0 0 523167 69332395 53730622 -114060 6769364 X 0 0 3617323 3617323 0 0 0 0 1763121 0 1377262 385859 0 0 0 0 27415472 23989417 2627126 798929 2144394 1758403 300215 85776 4538712 3721744 635420 181548 2113605 1733156 295905 84544 0 0 0 0 27505 8165 19340 0 83500 0 83500 0 0 0 0 0 99907 99907 0 0 0 0 7754751 7103185 424295 227271 120927 109624 11303 0 2798428 2611565 128713 58150 0 0 0 0 0 0 0 0 2430149 2041325 291618 97206 1027766 824442 156002 47322 0 0 0 0 166683 134582 23659 8442 986964 986964 0 0 0 0 0 0 3703063 3110572 444368 148123 319047 22075 296687 285 Equipment 1208058 1088939 116005 3114 Maintenance 1809099 1512352 224730 72017 Student Records 312670 312670 0 0 Miscellaneous 1092366 1070666 0 21700 705877 642551 62351 975 66239387 56399720 7518499 2321168 0 0 8011570 14429201 3229751 2538206 1747063 1587926 0 0 0 0 0 0 0 0 1214839 1432250 179767789 102185258 75651458 77582531 82969292 87696493 10409462 7347856 0 0 0 0 1852161 1853577 185085596 194468040 5153318 3973440 0 0 922582 1102955 19537367 18751613 0 0 0 0 292532 251298 0 0 1159136 1296100 27064935 25375406 X 83132886 89217504 25636430 29364825 49251345 50510305 158020661 169092634 185085596 194468040 X 3093008 7692150 0 0 0 286815 X 0 1 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X X X 0 75431508 972330 9584419 1586845 1661427 125000 82614985 80958608 577288 -2876553 1492072 1610763 125000 75431508 81288498 1517780 1214063 1390500 1546233 125000 80958608 70740094 2320408 11243780 1378607 1542086 95091 81288498 63760379 877435 8834446 1259673 1384431 88062 70740094 0.12 0.61 0.27 0 0 0 5013281 5013281 0 126604432 71297201 55307231 0 0 0 0 0 36461278 25716346 10744932 0 11688798 5171711 6517087 77582531 0 Gift Annuities 360637 Asset Retirement Obligation 935463 1296100 64950332 0 0 0 0 0 64950332 0 4382063 4382063 69332395 58919000 0 0 0 0 0 58919000 0 7320387 7320387 66239387 Schedule D, Part III, Line 1 The University holds an historical collection with an approximate value of $1,200,000 that has not been capitalized, as any proceeds from the sales would be reinvested in the collection. Schedule D, Part III, Line 4 Since 1973, GMI and Kettering Alumni have assisted in creating one of the largest automotive archives in the country that attracts researchers from around the globe. They assisted us in receiving the Charles Kettering Collection, which attracts many researchers with its hundreds of patents and documents related to leaded gasoline, Freon, jet fuel, and fast drying paint, to name only a few subject areas. The Frigidaire Collection, another General Motors Division, showcases the advancement of refrigeration in the 20th century and highlights the advancement of technology in the home. Alumni also assisted us in getting the photograph collection of AC Sparkplug donated, and estimated collection of 40,000 negatives. Schedule D, Part V, Line 4 The Kettering University Endowment Fund is used for a variety of purposes including Scholarships, Instructional Chairs and support of specific programs. Schedule D, Part XI, Line 4b Grants and Scholarship assistance of $3,617,323 netted with tuition revenue in audited financials plus realized gains on investments of $764,740. Schedule D, Part XII, Line 4b Depreciation, Amortization and Accretion expense of $3,703,064; Grants and Scholarships expense netted with tuition revenue $3,617,323. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 In public relations releases and interviews with the media the policy of nondiscrimination is made clear. All published recruiting materials for both students and employees carry a statement which declares the institution's policy of nondiscrimination. Schedule E, Part I, Line 6 Kettering University receives multiple state and federal grants. Central America and the Caribbean 0 0 Investments 7347856 Europe (including Iceland and Greenland) 0 1 Program Services Online instructor 45600 0 1 7393456 0 0 0 1 1 0 X X X X X X X 1 Ruffalo Noel Levitz 1025 Kirkwood parkway Cedar Rapids IA 52404 Phone Solicitation 0 123404 99907 23497 123404 99907 23497 All States 1 SEOG Financial Aid 205 287983 0 Donor Restricted Annual Scholarships 113 1742495 0 Endowed Scholarships 503 1586845 0 Schedule I, Part I, Line 2 The grants are distributed to the student accounts as payments to offset tuition costs. X X X 1 1 X X 0 0 0 0 0 0 0 1 0 Robert K McMahan President 435092 0 100000 0 38599 0 57183 0 93661 0 724535 0 45000 0 James Zhang Provost 233919 0 22000 0 2473 0 21586 0 17460 0 297438 0 0 0 Thomas W Ayers Treasurer 217569 0 21990 0 4428 0 20236 0 18724 0 282947 0 0 0 Susan Davies VP University Advancement & External Relations 208300 0 21825 0 4401 0 18886 0 20612 0 274024 0 0 0 Cornelius Darcy VP Marketing, Communication & Enrollment 203781 0 14650 0 3127 0 18433 0 6853 0 246844 0 0 0 Christine Wallace Vice President Kettering Global 153397 0 21810 0 11620 0 14386 0 17521 0 218734 0 0 0 Mohammad Torfeh-Isafahan Professor 125401 0 0 0 46000 0 9539 0 35305 0 216245 0 0 0 Craig Hoff Dean of College of Engineering 167453 0 0 0 2084 0 14664 0 20261 0 204462 0 0 0 Bassem Ramadan Professor & Associate Dept Head ME 165466 0 0 0 1070 0 12160 0 6510 0 185206 0 0 0 Basem Alzahabi Professor & Director Office of International Progr 152045 0 0 0 2203 0 11366 0 59013 0 224627 0 0 0 John Geske Department Head - computer Science 140795 0 0 0 3414 0 10903 0 17716 0 172828 0 0 0 Schedule J, Part I, Line 1a President has housing provided (required to live on premises and the FMV of the rents are used in valuation of benefits). Also, some spousal travel and tax indemnification are included as part of the contract. Schedule J, Part I, Line 7 Performance bonuses and longevity bonus paid - listed in Schedule J, Part II, Column Bii. Schedule J, Part II Part II Line D includes dependent tuition remission. X 459 Documentation supplied by donor X 18 928773 Avg high and low share price on date of gift X Lab Equipment 4 25002 Documentation supplied by donor X Trustee Travel 15 14171 Documentation supplied by donor X Miscellaneous 11 3711 Documentation supplied by donor 0 0 1 0 Form 990, Part VI, Section B, Line 11b Kettering University reviews the form with the Committee for Audit and Compliance and provides an electronic copy to all Board of Trustees members prior to filing the form 990. Form 990, Part VI, Section B, Line 12c Annual conflict of interest policy is distributed annually and required to be signed by all. Reviewed by HR (faculty and staff) and President's Office (trustees). Form 990, Part VI, Section B, Line 15 Board of Trustees hired a search firm to conduct the Presidential search. Benchmarking and market data was used to determine compensation package offered and contract renewals. all increases to compensation are reviewed and approved by the executive committee of the Board. Form 990, Part VI, Section C, Line 19 Kettering University's governing documents, conflict of interest policy (code of ethics) and financial statements are available on our website www.kettering.edu for public inspection as well as available in hard copy form in the Office for Administration and Finance as well as upon request. Form 990, Part IX, Line 11g Contracted Services $6,075,376; Kettering University Online Service Firm $1,466,841; Misc. $212,534 Form 990, Part XI, Line 9 Change in fair value - Beneficial Interest Trusts Extension filed and received approval for filing to be transmitted to the IRS by May 15, 2018.