2017-04-17T13:56:58-05:00 2016-05-31 363990892 Capin Crouse LLP 972 Emerson Parkway STE A Greenwood IN 46143 990 2015-06-01 350867954 Anderson University ANDE 7656414001 1100 East 5th Street Anderson IN 46012 Vanessa J Tijerina Asst Treasurer and Controller 7656414001 2017-04-17 1 David C Moja P00747006 3178852620 2015 2021-01-29 14:40:06Z John Pistole 1100 East 5th Street Anderson IN 46012 75819220 0 X www.anderson.edu X 1917 IN To educate persons for a life of faith and service in the church and society 31 30 1708 115 0 0 9754055 6096496 59152870 57953276 1676783 602908 2328983 1853255 72912691 66505935 20139245 20618441 0 0 27364333 27426266 0 24990 1408776 20083528 20343394 67587106 68413091 5325585 -1907156 147892284 140047764 70552789 66886153 77339495 73161611 X The mission of Anderson University is to educate for a life of faith and service in the church and society. Established and sustained within the free and open traditions of the Church of God, this university is committed to being a teaching-learning community of the highest order, engaged in the pursuit of truth from a Christian faith perspective. Through academic and Christian discovery, we intend to graduate people with a global perspective who are competent, caring, creative, generous individuals of character and potential. We will build those quality programs that will enable each member of the university to become stronger in body, mind, and spirit, to experience what it means to love God and neighbor, and to adopt Christ-like servant ways in all of life. The mission statement and supporting statements were adopted by the Board of Trustees in 2007. 0 0 56749821 20618441 50564346 Higher education: General educational activities serving more than 2,100 students during the 2015-16 school year. AU students benefit from a low student-to-faculty ratio of 13 to 1, as well as the expertise of 129 full-time faculty members, 68 percent of whom hold terminal degrees. Anderson University continues to be recognized as one of America's top colleges by US News & World Report, The Princeton Review, and Forbes. The University has long had a strong undergraduate liberal arts curriculum. In 2007, the University opened the Anderson University Flagship Center, located at I-69, Exit 222. This facility houses offices and classrooms for University programs and serves as a convenient location for many students in central Indiana. The University's MBA and MSN programs are also now offered online/hybrid classes at several locations around Indianapolis. 1933984 9587800 Higher education: Auxiliary enterprise primarily involving residence halls, food services, and bookstore activities supporting the educational program. We believe that on campus living is an integral part of the college experience. In our residence halls, we are committed to offering not only a safe and comfortable place to live, but also an environment that promises to both challenge and support our students as they grow physically, academically, socially, and spiritually. Anderson University food services provides friendly service and great variety in four different locations across campus: The Marketplace, Raven's Haven, Create, and Raven Xpress. The Anderson University bookstore is family operated by Tree of Life, Inc. 58683805 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 1 1 0 1 0 0 1 0 0 0 0 1 1 1 0 1 0 0 0 1 1 0 1 0 1 1 0 0 1 1 0 0 0 1 3225 0 1 1708 1 0 0 0 0 0 0 0 0 0 0 X 31 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X Dana Stuart 7656414001 1100 East 5th Street Anderson IN 46012 X John Pistole President 40.00 X X 172024 0 28542 Patricia Seasor Bailey Chairwoman 1.00 X X 0 0 0 Louis E Gerig Trustee 1.00 X 0 0 0 Guy Perry Trustee 1.00 X 0 0 0 Larry J Lilly Trustee 1.00 X 0 0 0 Sandi Patty Peslis Trustee 1.00 X 0 0 0 Rodney Stafford Trustee 1.00 X 0 0 0 David Cox Trustee 1.00 X 0 0 0 Thomas W Bates Trustee 1.00 X 0 0 0 Dennis D Carroll Trustee 1.00 X 0 0 0 William J Gaither Trustee 1.00 X 0 0 0 Daniel Courtney Trustee 1.00 X 0 0 0 Jayne Grandison Trustee 1.00 X 0 0 0 Martin D Grubbs Trustee 1.00 X 0 0 0 Steve Lewis Trustee 1.00 X 0 0 0 James W Giesler Trustee 1.00 X 0 0 0 James R Cook Trustee 1.00 X 0 0 0 Lloyd Schnuck Jr Trustee 1.00 X 0 0 0 Kimberly Johnson Trustee 1.00 X 0 0 0 Kerry B Robinson Trustee 1.00 X 0 0 0 Thomas Scott Trustee 1.00 X 0 0 0 Kevin W Earley Trustee 1.00 X 0 0 0 Erin Taylor Trustee 1.00 X 0 0 0 Dale M Fontenot Trustee 1.00 X 0 0 0 Ralph E Welton Trustee 1.00 X 0 0 0 Vernon K Smith Trustee 1.00 X 0 0 0 D Kyle De Fur Trustee 1.00 X 0 0 0 Raymond Chin Trustee 1.00 X 0 0 0 Lois Settlemeyer Trustee 1.00 X 0 0 0 Charles Myricks Trustee 1.00 X 0 0 0 Michelle Jackson Trustee 1.00 X 0 0 0 Marie S Morris Provost and VP of Corporation 40.00 X 119486 0 23670 Ronda Reemer Assistant Secretary 40.00 X 42991 0 2185 Vanessa Tijerina Asst Treasurer and Controller 40.00 X 61611 0 15603 TW Hudson Akin VP Advancement and Secretary 40.00 X 0 0 0 Dana S Stuart VP for Finance and Treasurer 40.00 X 98219 0 22930 Robert L Coffman part year VP Advancement and Secretary 40.00 X 105722 0 22576 Charles E Staley Special Asst President 14.00 26.00 X 139854 0 13523 Terry Truitt Dean, Falls School of Business 40.00 X 110101 0 49780 Fred Burnett Professor, School of Theology 40.00 X 103060 0 9884 Mike Wiese Professor of Marketing 40.00 X 105969 0 17796 Michael Collette Professor of Management 40.00 X 100036 0 27633 1159073 0 234122 8 0 1 0 Chartwells Dining Services PO Box 417632 Boston MA 02241 Food service management 2755111 WFF Facility Services 211 S Jefferson St Louis MO 63103 Custodial services 819393 Ruffalo Noel-Levitz LLC PO Box 718 Des Moines IA 50303 Consulting services 313027 Sierra-Cedar PO Box 412521 Atlanta GA 30384 Consulting services 272078 LMC Service Solutions 1023 W 38th Street Anderson IN 46013 Heating/Cooling services 163817 9 641480 5455016 526829 6096496 Tuition and fees 611310 48079073 48079073 Auxiliary services 611310 9587800 9587800 Radio station income 611310 270298 270298 Video production incom 611310 16105 16105 57953276 806535 806535 43004 43004 570837 916452 -345615 -345615 -345615 8135513 14689 8381881 14952 -246368 -263 -246631 -246631 Finance charges 611310 275882 275882 1922988 1922988 2198870 66505935 60152146 0 257293 20618441 20618441 1085029 857851 227178 35758 35758 22227273 19371616 2318895 536762 698692 578138 101800 18754 1881222 1808280 72942 1498292 1211722 245288 41282 60633 7649 52378 606 66550 66550 24990 24990 94472 94472 794415 590226 187485 16704 576588 291476 135408 149704 924951 625781 217184 81986 956246 203018 753228 3030561 2609844 413283 7434 1231607 1119737 65148 46722 402194 276720 96435 29039 2305628 1862646 386241 56741 3669911 2245391 1409811 14709 211712 80472 130491 749 Auxilary services 1933984 1933984 Maintenance & replace 1148315 886155 260197 1963 Dues and subscriptions 411210 305663 99121 6426 2524417 2056846 393486 74085 68413091 58683805 8320510 1408776 20011 14975 5523284 7020080 2604433 2518285 2905931 2340959 1598717 1360412 136798 128056 213722 52018 138079850 61842220 78737054 76237630 36567022 31416048 12690035 13117489 4186761 3788317 495769 2212747 2053495 147892284 140047764 7874126 6346250 1672887 1430575 44901877 43906007 125000 128125 5111424 6997883 2953087 689895 7914388 7387418 70552789 66886153 X 31677609 27482270 5190131 4090233 40471755 41589108 77339495 73161611 147892284 140047764 X -1907156 -1869630 -401098 X X 0 1 X 1 1 1 X 4645044 5465029 7294377 9754055 6096496 33255001 4645044 5465029 7294377 9754055 6096496 33255001 5210042 28044959 1138743 1088714 1327635 1299942 1420376 6275410 2007033 1993592 1971750 2588449 2198870 10759694 50290105 303050762 0.55770 X Schedule A, Part II, Line 10, Explanation of Other Income: Finance charges - 2011 Amount: $ 209,200. 2012 Amount: $ 529,256. 2013 Amount: $ 374,552. 2014 Amount: $ 278,179. 2015 Amount: $ 275,882. Miscellaneous income - 2011 Amount: $ 1,797,833. 2012 Amount: $ 1,464,336. 2013 Amount: $ 1,597,198. 2014 Amount: $ 2,310,270. 2015 Amount: $ 1,922,988. Schedule A, Part II: The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and qualifies to use the first listed special rule for Schedule B reporting. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 105640 2376518 X X X 0 34280995 1089067 -1384967 1274582 32710513 32582422 2251608 969524 1522559 34280995 28190112 3150001 2649967 1407658 32582422 25140659 1054810 3609504 1614501 360 28190112 28097287 570229 -2195560 1331297 25140659 1.00000 0 0 4219207 4219207 99190730 45886123 53304607 6212596 1759990 4452606 20668396 10630302 10038094 7788921 3565805 4223116 76237630 549873 F Notes Receivable 70277 C Real Estate 2394804 F Life Insurance 221327 F Beneficial Interest in Perpetual Trusts 149953 F Deposits with External Trustees 4093608 F Hedge Funds 5637647 C 13117489 Annuities Payable 1085819 Liability for Amounts Held for Others 2441987 Liability for Federal Student Loans 3859612 7387418 X Part III, Line 4: The University's collection is made up of donations of art, books, and historical treasures. The University maintains the collection throughout the University's premises and is available for public display and access. The collection furthers the University's exempt education purpose by enhancing the University community's awareness of art, literature, and history. Part V, Line 4: The University's endowment funds are intended to fund designated University tax exempt activities, such as, the distribution of scholarships and grants to students, as well as funding operational and capital needs of the University. Part X, Line 2: The financial statement effects of a tax position taken or expected to be taken are recognized in the consolidated financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the consolidated statements of activities. As of May 31, 2016 and 2015, the University had no uncertain tax positions that qualify for recognition or disclosure in the consolidated financial statements. The University files information tax returns in the U.S. and various states. The University is generally no longer subject to U.S. federal and state income tax examinations by tax authorities for years before 2011. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Anderson University does not discriminate on the basis of age, gender, ethnic or racial origin, physical or mental disability, marital or veteran status in administration of its education, admissions, scholarship, loan, athletic policies, other school programs, or as a condition for employment. The University includes its non-discrimination policy at various points throughout its website, which is the primary source of information for the public. The policy is also included on application forms and in catalogs for students. Schedule E, Part I, Line 6 The University participates in the Federal Perkins Loan program and is the recipient of various state and federal grants. Central America and the Caribbean 0 0 Program services Mission trips 8680 East Asia and the Pacific 0 0 Program services Mission trips 9475 Europe (Including Iceland & Greenland) 0 0 Program services Mission trips 87358 Sub-Saharan Africa 0 0 Program services Mission trips 11965 0 0 0 0 0 0 117478 0 117478 0 0 0 0 0 0 Part I, line 3: Expenditures are accounted for using the accrual method of accounting. X 1 Wilson-Bennett Technology Inc 140 Professional Drive 2 Cabot AR 72023 Phone-a-thon 0 49006 24990 24016 49006 24990 24016 IN 1 Scholarship/fellowship/grant 1849 20618441 Part I, Line 2: Scholarships issued to University students are applied to the student's account. A list of scholarship, fellowship and grant assistance awarded is on file at the University. Although there may be recipients who are related to persons having interest in the University, such persons are selected on an equal and objective basis as with other recipients. All students receiving assistance are selected on the University's criteria for academic and financial need, and other similar criteria. The University does not discriminate on the basis of age, gender, ethnic or racial origin, physical or mental disability, marital or veteran status in administration of scholarships or loans. Also, note that the University provides remitted tuition to qualified faculty, staff and certain dependents as a benefit of employment. The University monitors the student accounts and eligibility. X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 John Pistole President 168599 0 0 0 3425 0 8542 0 20048 0 200614 0 0 0 Charles E Staley Special Asst President 139854 0 0 0 0 0 7069 0 6491 0 153414 0 0 0 Terry Truitt Dean, Falls School of Business 110101 0 0 0 0 0 4992 0 44846 0 159939 0 0 0 Part I, Line 1a Travel: Companion travel is allowed but reported as taxable compensation on the employee W-2. Housing Allowance: A campus residence is provided to the President in office for the convenience of the university and is not considered taxable income. Health or social club dues: Local country club membership is provided for the President's business use. Use for business purposes is not considered taxable income. A City of Anderson Indiana 356000939 033887CT5 2007-02-27 47587630 Remodel/repair/capital projects/bond defeasance of 12/30/98 & 5/23/01 issue 0 0 0 B City of Anderson Indiana 356000939 2014-12-16 5189160 Purchase of residence hall 0 0 0 C City of Anderson Indiana 356000939 2015-08-17 4125000 Refinance portion of 2007 bonds 0 0 0 A A 8090000 48753400 3681090 493358 16183625 596160 22751112 6790 2009 0 1 1 1 B 230000 5189160 10818 103100 5075242 2014 0 0 1 1 C 4125000 412500 85213 3627286 2015 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 Date Rebate Computation Performed Issuer Name: City of Anderson Indiana Date the Rebate Computation was Performed: 02/27/2014 Schedule K, Part II, Line 3 The amount recorded as total proceeds of issue for bond A is greater than the issue price for the bonds due to the inclusion of investment earnings. Robert Coffman Officer Promissory Note X 125000 128125 0 1 1 128125 26905 Tuition assistance Tuition discount Vivian Coffman Family member of Robert Coffman, officer 25325 Compensation 0 Keith Morris Family member of Marie Morris, officer 10433 Compensation 0 X 2 3500 Fair market value X 10 204581 Fair market value X 1 78000 Fair market value X 1 102140 Fair market value X 1 423 Fair market value X Equipment 13 73883 Fair market value X Office/travel 22 64302 Fair market value 1 0 1 0 Part I, Column (b): The number of contributors represents the number of contributions received. Form 990, Part VI, Section A, line 1 The Executive Committee is composed of seven trustees including the Chair and Vice Chair. The other five members are elected annually by the Board of Trustees. Other members may meet with this Committee, they do not have voting power. It is the duty of the Executive Committee to act on behalf of the Board of Trustees during the period between the Board's meetings. Form 990, Part VI, Section B, line 11 The University's Form 990 is prepared by an independent CPA firm. Prior to the 990 being filed with the IRS, the 990 is reviewed in detail by the University's Controller, Vice President for Finance, President, and the Audit Committee. The University's Board of Trustees delegates the review of the Form 990 to the Audit Committee, a subcommittee of the University's Board of Trustees. Before filing the 990, the Board of Trustees receive a copy to review. Form 990, Part VI, Section B, line 12c The Controller annually monitors all existing conflicts and enforces compliance with the University's conflict of interest policy by conducting a review prior to the University's annual audit. The University's conflict of interest policy states that all employees and Board of Trustees submit a conflict of interest form each year of employment. Determinations of existing conflicts is the responsibility of the Controller who will also review with the Vice President for Finance and Treasurer. Persons with conflicts do not participate in decisions and deliberations of the governing body. Form 990, Part VI, Section B, line 15 15a - The independent Executive Committee of the Board of Trustees establishes the salary of the President upon recommendation of the subcommittee on evaluation and compensation. This process is directed through Human Resources where compensation is compared to area benchmark information. The University's strategic plan is to reach compensation rates at 75% of benchmark. HR then presents a recommendation to the Board of Trustees for approval annually. This process is documented in the board minutes. 15b - The salaries of other Executive Officers of the University are established by the independent President, subject to the approval of the subcommittee on evaluation and compensation. This process is directed through Human Resources where compensation is compared to area benchmark information. HR then presents a recommendation to the President for approval annually. The President may appoint and establish the salaries of administrative officers as he/she deems appropriate. This process is documented in the HR files. Form 990, Part VI, Section C, line 19 The University's governing documents and conflict of interest policy are available on the University's public website. The University's financial statements are not made available to the public. Form 990, Part VII: Compensation reported in Part VII, column D and Schedule J, Part II, column B is the amount reported on the individual's W-2, box 1 or 5 (whichever amount is greater) per the IRS instructions. In the case of minister's compensation when box 5 of the W-2 is not applicable, box 1 compensation is used. Employee deferrals to qualified retirement plans are normally captured in box 5, not box 1 of Form W-2. For reporting purposes we have included the minister's retirement plan deferrals in Part VII, column F and Schedule J, Part II, column C. Form 990, Part XI, line 9: Actuarial change in annuities and trusts -144,461. Asset valuation adjustment -251,800. Affiliate prior year activity -4,837. Form 990, Part XII, Line 2c: The organization's Board assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year. Anderson University Properties LLC 1100 E 5th St Anderson IN 46012 472075850 Hold property for new dorm IN 0 8512723 Anderson University Flagship Enterprise Center 2701 Enterprise Drive Anderson IN 46013 043732583 Serve as a new business incubator & growth stage business accelerator IN 501(c)(3) 7 Anderson University 0 HWH Business LP 216 Summerlake Circle Anderson IN 46011 352084392 Real estate IN Anderson University Excluded 21332 2616103 0 0 0.91000 Charitable Remainder Unitrust (22) Trust IN Anderson University 0 Revocable Trust (1) Trust IN Anderson University 0 Orangehaus Records Inc 1100 E 5th Street Anderson IN 46012 201675766 Provide University students with experience in music recording IN Anderson University C 99 4936 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 Orangehaus Records Inc N Orangehaus Records Inc O