2017-03-13T14:09:57-05:00 2016-06-30 363168081 SIKICH LLP 3201 W WHITE OAKS DR STE 102 SPRINGFIELD IL 62704 990 2015-07-01 370661228 MONMOUTH COLLEGE MONM 3094572125 700 EAST BROADWAY MONMOUTH IL 61462 RICHARD A MARSHALL ASSISTANT TREASURER 3094572125 2017-02-21 1 RICHARD LYNCH P01514704 2177933363 2017-02-21 2015 2021-01-29 14:40:06Z RICHARD A MARSHALL 700 EAST BROADWAY MONMOUTH IL 61462 68871066 0 X WWW.MONMOUTHCOLLEGE.EDU X 1853 IL PRIVATE LIBERAL ARTS COLLEGE THAT STRIVES TO CREATE AND SUSTAIN AN ENVIRONMENT THAT IS VALUE-CENTERED, INTELLECTUALLY CHALLENGING, AESTHETICALLY INSPIRING, AND CULTURALLY DIVERSE, AND WE HOLD AS CENTRAL OUR COMMITMENT TO LIBERAL ARTS EDUCATION AND TO ONE ANOTHER. 45 41 1165 61 0 0 11309188 3934442 51167019 49146278 15382302 2614899 522088 848374 78380597 56543993 25255472 24701706 0 0 19270526 20051871 5399 0 1176374 16721627 17899388 61253024 62652965 17127573 -6108972 227516560 219661954 34607209 37591474 192909351 182070480 X AS AN UNDERGRADUATE LIBERAL ARTS COLLEGE WE RECOGNIZE THE CLOSE RELATIONSHIP OF FACULTY AND STUDENTS TO BE FUNDAMENTAL TO OUR LEARNING ENVIRONMENT. AS A COMMUNITY OF LEARNERS WE STRIVE TO CREATE AND SUSTAIN AN ENVIRONMENT THAT IS VALUE-CENTERED, INTELLECTUALLY CHALLENGING, AESTHETICALLY INSPIRING, AND CULTURALLY DIVERSE; AND WE HOLD AS CENTRAL OUR COMMITMENT TO LIBERAL ARTS EDUCATION AND TO ONE ANOTHER. 0 0 49545952 24701706 39345832 HIGHER EDUCATION: INSTRUCTIONAL PROGRAMS-HUMANITIES, SCIENCES, SOCIAL SCIENCES AND OTHER LIBERAL ARTS PROGRAMS, BUSINESS AND EDUCATION. SERVE APPROXIMATELY 1,200 STUDENTS. PROGRAMS INCLUDE ACADEMIC DEPARTMENTS AS WELL AS ACADEMIC SUPPORT AREAS SUCH AS LIBRARY, ACADEMIC COMPUTING, FACULTY DEVELOPMENT, ETC. THIS REPRESENTS TUITION AND FEES. 7282621 9800446 AUXILIARY SERVICES: STUDENT HOUSING AND DINING PROGRAMS, SECURITY AND PARKING. 56828573 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1557 0 1165 1 0 0 0 0 0 0 0 0 X 45 41 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X RICHARD MARSHALL 3094572124 700 EAST BROADWAY MONMOUTH IL 61462 ANNA R BEASLET TRUSTEE 1.00 X 0 0 0 DOUGLAS R CARLSON TRUSTEE 1.00 X 0 0 0 MARY CORRIGAN TRUSTEE 1.00 X 0 0 0 DANIEL COTTER TRUSTEE 1.00 X 0 0 0 ROBERT DAHL TRUSTEE 1.00 X 0 0 0 CRAIG DAHLQUIST TRUSTEE 1.00 X 0 0 0 ROD DAVIES TRUSTEE 1.00 X 0 0 0 DR NANCY SPEER ENGQUIST TRUSTEE 1.00 X 0 0 0 CHRISTINE FARR TRUSTEE 1.00 X 0 0 0 LARRY GERDES TRUSTEE 1.00 X 0 0 0 AUGUSTIN HART TRUSTEE 1.00 X 0 0 0 MAHENDRAN JAWAHARLAL TRUSTEE 1.00 X 0 0 0 F AUSTIN JONES TRUSTEE 1.00 X 0 0 0 REV ROBERT C MCCONNELL TRUSTEE 1.00 X 0 0 0 MICHAEL B MCCULLEY ESQ TRUSTEE 1.00 X 0 0 0 GARY MELVIN TRUSTEE 1.00 X 0 0 0 BRAD NAHRSTADT TRUSTEE 1.00 X 0 0 0 GAIL OWEN TRUSTEE 1.00 X 0 0 0 J HUNTER PEACOCK TRUSTEE 1.00 X 0 0 0 J STANLEY PEPPER TRUSTEE 1.00 X 0 0 0 ANTHONY J PERZIGIAN TRUSTEE 1.00 X 0 0 0 DENNIS M PLUMMER TRUSTEE 1.00 X 0 0 0 ANITA RIDGE TRUSTEE 1.00 X 0 0 0 SUSAN ROMAINE TRUSTEE 1.00 X 0 0 0 JOHN M SCHULTZ TRUSTEE 1.00 X 0 0 0 THE HON JOHN J SCOTILLO TRUSTEE 1.00 X 0 0 0 DR WILLIAM M SIMPSON TRUSTEE 1.00 X 0 0 0 DR CARLOS F SMITH TRUSTEE 1.00 X 0 0 0 SHERMAN SMITH TRUSTEE 1.00 X 0 0 0 NANCY L SNOWDEN TRUSTEE 1.00 X 0 0 0 MARK TAYLOR TRUSTEE 1.00 X 0 0 0 GEORGE TROTTER III TRUSTEE 1.00 X 0 0 0 BETH BOWDOIN TYRE TRUSTEE 1.00 X 0 0 0 DR RALPH VELAZQUEZ JR TRUSTEE 1.00 X 0 0 0 JEAN PETERS WITTY TRUSTEE 1.00 X 0 0 0 SANDRA E WOLF TRUSTEE 1.00 X 0 0 0 RICHARD E YAHNKE TRUSTEE 1.00 X 0 0 0 JACKIE BELL ZACHMEYER TRUSTEE 1.00 X 0 0 0 CLARENCE R WYATT PRESIDENT 50.00 X 268917 0 32543 WILLIAM J GOLDSBOROUGH CHAIR 1.00 X 0 0 0 MARK KOPINSKI VICE CHAIR 1.00 X 0 0 0 GERALD A MARXMAN TREASURER 1.00 X 0 0 0 RICHARD A MARSHALL ASSISTANT TREASURER 50.00 X 160222 0 10478 RONDA K WILLHARDT SECRETARY 40.00 X 49135 0 10490 LORI A FERGUSON ASSISTANT SECRETARY 40.00 X 33114 0 128 JACQUELYN HEERWAGEN VP FOR STUDENT AFFAIRS 50.00 X 128332 0 16235 TIMOTHY KEEFAUVER VP FOR STRATEGIC PLANNING 50.00 X 102015 0 15887 STEVE BLOOMER VP FOR DEVELOPMENT & COLLEGE RELATIONS 50.00 X 151000 0 11159 DAVID TIMMERMAN DEAN OF FACULTY 50.00 X 147677 0 20444 DARYL CARR CHIEF INFORMATION OFFICER 50.00 X 101917 0 14480 1142329 0 131844 7 0 1 0 ARAMARK CAMPUS DINING SERVICE 700 E BROADWAY MONMOUTH IL 61462 DINING SERVICES 3256298 RUSSELL CONSTRUCTION CO INC 4600 E 53RD STREET DAVENPORT IA 52807 BUILDING 2393375 OLOGIE LLC 447 EAST MAIN COLUMBUS OH 43215 MARKETING 267681 ELLUCIAN 4375 FAIR LAKES COURT FAIRFAX VA 22033 ADMINISTRATIVE SOFTWARE 172393 PER MAR PO BOX 1101 DAVENPORT IA 52805 SECURITY SERVICES 148025 13 187316 3747126 921826 3934442 TUITION & FEES 611310 39345832 39345832 ROOM & BOARD 611310 9800446 9800446 49146278 1596226 1596226 349761 0 349761 349761 349761 13345746 12327073 1018673 1018673 1018673 498613 498613 498613 56543993 39844445 0 12765106 24701706 24701706 1142329 378024 613305 151000 14267941 12393612 1293100 581229 885078 708566 126059 50453 2715302 1933780 698526 82996 1041221 868348 122157 50716 18422 4252 14170 244735 244735 183728 3235 180493 47439 34321 13118 39560 28790 9318 1452 330521 324003 6518 1330861 1029420 221956 79485 1063653 882599 102544 78510 361706 354317 7389 5225034 5130984 52250 41800 472525 461183 7943 3399 DINING SERVICES 2883230 2883230 REPAIRS & MAINTENANCE 832585 647808 184777 PRINTING 477910 377588 88506 11816 OFF CAMPUS PROGRAMS 82009 82009 4305470 3600798 667672 37000 62652965 56828573 4648018 1176374 9479368 4595117 2645113 1536674 239351 1321549 2498169 2417309 125342 112808 614151 540441 188552085 71038461 118471033 117513624 89093440 87795368 494000 200000 3856593 3629064 227516560 219661954 3823239 4199706 2595825 2618506 431539 523180 23903333 22590000 3853273 7660082 34607209 37591474 X 83783419 81158356 60696482 51624819 48429450 49287305 192909351 182070480 227516560 219661954 -6108972 -4729899 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 100363825 1079852 -2033213 1683562 2951917 94774985 99214229 4224650 936672 1436610 2575116 100363825 87233884 1001555 14498368 1333811 2185767 99214229 77767647 786313 14899927 1252265 4967738 87233884 78623684 1727682 815649 1025162 2374206 77767647 0.03000 0.48000 0.49000 1 0 12261300 5301638 17562938 139860903 49197154 90663749 21364080 13600707 7763373 9764164 8240600 1523564 117513624 LINE OF CREDIT 4007389 ANNUITIES PAYABLE 3652693 7660082 X 27768917 -4729899 -24045177 -28775076 56543993 0 56543993 38607788 0 38607788 24045177 24045177 62652965 PART III, LINE 1A: THE COLLEGE HAS A PERMANENT ART COLLECTION DISPLAYED WITHIN THE FACILITIES OF THE CAMPUS AND IT IS INSURED FOR APPROXIMATELY $1,767,000. THE COLLECTION IS NOT REFLECTED IN THE FINANCIAL STATEMENTS. PART III, LINE 4: VARIOUS PIECES OF ART AND ARTIFACTS HAVE BEEN DONATED TO THE COLLEGE AND ARE USED TO ENHANCE THE SCHOLARLY RESEARCH WITHIN THE INSTITUTION. THIS WILL ENHANCE THE COLLEGE'S ABILITY TO FURTHER OUR MISSION OF A LIBERAL ARTS EDUCATION. PART V, LINE 4: THE COLLEGE USES ENDOWMENT FUNDS TO SUPPORT A VARIETY OF SCHOLARSHIPS, PRIZES, PROFESSORSHIPS, FACULTY DEVELOPMENT, ACADEMIC DEPARTMENTS, PLANT MAINTENANCE AND OTHER PROGRAMS AT THE COLLEGE. PART X, LINE 2: THE COLLEGE IS A NOT-FOR-PROFIT ORGANIZATION AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR PROVISIONS OF THE STATE TAX CODE. THE COLLEGE IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. THE COLLEGE FILES A FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) ANNUALLY. PART XI, LINE 2D - OTHER ADJUSTMENTS: STUDENT AID & SCHOLARSHIPS -24,045,177. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID & SCHOLARSHIPS 24,045,177. 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 RECRUITS NATIONALLY AND INTERNATIONALLY. ADMISSIONS AND RECRUITING DOCUMENTS ARE THE BEST WAY TO MAKE THIS INFORMATION KNOWN SINCE THE GENERAL COMMUNITY IS VERY BROAD. OUR POLICY IS ON THE COLLEGE'S WEBSITE AND IN THE CATALOG. MONMOUTH COLLEGE IS COMMITTED TO PROVIDING EQUAL OPPORTUNITY TO STUDENTS, PROSPECTIVE STUDENTS, EMPLOYEES AND APPLICANTS FOR EMPLOYMENT, AND AS SUCH, DOES NOT DISCRIMINATE ON THE BASIS OF RACE, RELIGION, COLOR, SEX, NATIONAL ORIGIN, ANCESTORY, DISABILITY, AGE, MARITAL STATUS, OR OTHER FACTORS AS PROHIBITED BY LAW IN ITS POLICIES REGARDING ADMISSIONS, FINANCIAL ASSISTANCE, EDUCATIONAL PROGRAMS AND EMPLOYMENT. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVED FEDERAL FUNDS WHICH WERE USED FOR STUDENT PROGRAM ENTITLEMENTS SUCH AS FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, PELL GRANTS, PERKINS LOANS, FEDERAL WORK STUDY, DIRECT LOANS AND ILLINOIS STATE MONETARY AWARDS FOR STUDENTS. 1 MC TUITION GRANTS TO VARIOUS STUDENTS 1217 24701706 PART I, LINE 2: THE COLLEGE FOLLOWS FEDERAL AND STATE GUIDELINES AND INTERNAL NON-DISCRIMINATORY GUIDELINES FOR INSTITUTIONAL FUNDING. INSTITUTIONAL FUNDING IS BASED ON NEED, ACADEMIC QUALIFICATIONS AND INSTITUTIONAL PROGRAM NEEDS AND IS MONITORED BY THE FINANCIAL AID OFFICE. X X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 CLARENCE R WYATT PRESIDENT 268917 0 0 0 0 0 19378 0 13165 0 301460 0 0 0 RICHARD A MARSHALL ASSISTANT TREASURER 160222 0 0 0 0 0 1163 0 9315 0 170700 0 0 0 STEVE BLOOMER VP FOR DEVELOPMENT & COLLEGE RELATIO 151000 0 0 0 0 0 10570 0 589 0 162159 0 0 0 DAVID TIMMERMAN DEAN OF FACULTY 147677 0 0 0 0 0 11155 0 9289 0 168121 0 0 0 PART I, LINE 1A THE PRESIDENT OF THE COLLEGE IS REQUIRED TO LIVE ON CAMPUS AS A CONDITION OF HIS EMPLOYMENT. CUSTODIAL CARE IS PROVIDED AT HIS RESIDENCE. MONMOUTH COUNTRY CLUB DUES ARE PAID BY THE COLLEGE FOR OUR VP OF DEVELOPMENT AND COLLEGE RELATIONS. A CITY OF MONMOUTH 376002276 609612AQ9 2005-01-20 6500000 RESIDENCE HALL CONSTRUCTION 0 0 0 B CITY OF MONMOUTH 376002276 2011-08-09 10000000 DESIGN, CONSTRUCTION & EQUIPPING NEW THREE-STORY INTEGRATED LEARNING CENTER 0 0 0 C CITY OF MONMOUTH 376002276 2012-07-20 3365000 REFUNDING REVENUE BONDS (PRIOR ISSUE DATE 8/19/2000) 0 0 0 D CITY OF WARREN 376002277 934780AA5 2002-09-26 12905000 FITNESS CENTER 0 0 0 A 1550000 6500000 89922 6400678 2006 0 0 1 1 B 1500001 10000000 10000000 2013 0 0 1 1 C 1605000 3365000 0 1 1 1 D 5525000 12905000 143855 48084 9808061 2003 1 0 1 1 A 0 0 0 0 0 0 0 B 0 0 1 0 0 0.18000 0.18000 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 0 0 1 0 1 0 0 0 0 B 0 0 1 0 1 0 0 0 0 C 0 0 1 0 0 0 0 0 0 D 0 0 1 0 1 0 0 0 0 A 0 B 0 C 0 D 0 AUGUSTIN HART COLLEGE TRUSTEE BOARD MEMBER OF MIDWEST BANK WHICH THE COLLEGE UTILIZES 0 ROBERT TUCKER COLLEGE TRUSTEE 18660 CONSULTS WITH SPORTS CAMP 1 X 6 921826 FMV 0 1 1 PART I, LINE 32B: THE COLLEGE USES LICENSED BROKERS TO SELL AND PROCESS STOCK CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 2 AUGUSTIN HART (TRUSTEE) SERVES ON THE BOARD OF DIRECTORS AT A LOCAL BANK WHICH THE COLLEGE UTILIZES. FORM 990, PART VI, SECTION B, LINE 11 ONCE IT IS COMPLETED, THE 990 IS SENT TO THE AUDIT COMMITTEE FOR REVIEW AND APPROVAL. ONCE THIS REVIEW AND APPROVAL IS DONE, IT IS SENT TO ALL OTHER VOTING MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS AND TRUSTEES ARE REQUIRED TO SUBMIT A CONFLICT OF INTEREST STATEMENT TO THE COLLEGE ON AN ANNUAL BASIS. AN ANNUAL CONFLICT OF INTEREST SURVEY IS CONDUCTED BY THE CORPORATE SECRETARY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR KEY EMPLOYEES IS DETERMINED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES IN CONJUNCTION WITH THE COLLEGE PRESIDENT. KEY EMPLOYEES PROVIDE ANNUAL WRITTEN SELF-EVALUATIONS TO THE COMPENSATION COMMITTEE. THE VP FOR FINANCE PROVIDES SURVEY INFORMATION FOR COMPARABLE INSTITUTIONS DIRECTLY TO THE COMPENSATION COMMITTEE. THE COMPENSATION COMMITTEE REVIEWS INFORMATION WITH THE PRESIDENT AND DETERMINES COMPENSATION LEVELS. COMPENSATION DECISIONS ARE THEN PROVIDED TO THE VP FOR FINANCE WHO IN TURN PASSES THAT INFORMATION TO THE HR DEPARTMENT. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST AND THEY ARE ON THE COLLEGE WEBSITE.