2017-02-10T09:38:44-07:00 2016-06-30 990 2015-07-01 440545271 COTTEY COLLEGE COTT 4176678181 1000 West Austin Nevada MO 64772 Amy Ruetten VP Admin/FInance 4176678181 2017-02-10 2015 2021-01-29 14:40:06Z Jann Weitzel 1000 W Austin Nevada MO 64772 45604330 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 11 504 500 0 0 4849830 5662933 7269909 8589339 7884408 4466958 370141 686669 20374288 19405899 3620936 8074785 0 0 9032607 9056747 0 0 551623 11028446 4710755 23681989 21842287 -3307701 -2436388 120247059 111260378 2116259 1679567 118130800 109580811 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 16972753 4317911 8589339 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. Aprroximately 300 students attend. 0 0 0 16972753 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 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 470 0 504 1 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 0 1 1 0 X Amy Ruetten Cottey College 4176678181 1000 West Austin Nevada MO 64772 Greg Hoffman Board Member 3 0 X 0 0 0 Peggy Bottorf Chair 5 0 X X 0 0 0 Grace Chalker Board Member 3 0 X 0 0 0 Diann McChesney Board Member 0 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 Vice Chair 3 0 X 0 0 0 Kathy Leffler Secretary 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 Janet Hansen Board Member 3 0 X 0 0 0 Judy Rogers President 50 0 X X 113406 0 7619 Chioma Ugochukwu Vice President for Academic Affairs 50 0 X 63724 0 0 Jann Weitzel President 60 0 X 99145 0 6923 Judyth Wier Vice President for Institutional Advancement Through August 2015 50 0 X 77361 0 5041 Amy Ruetten VP for Administration and Finance 60 0 X 102862 0 67250 456498 0 86833 2 1 1 0 0 0 0 925096 0 4737837 122407 5662933 Tuition and Auxiliary 611310 7852886 7852886 0 0 Student Financial Aid 611310 736453 736453 0 0 0 0 0 0 8589339 2672853 0 0 2672853 0 0 0 0 0 0 0 0 0 0 27992536 0 26198431 0 1794105 0 1794105 0 0 1794105 0 Agency 611310 183231 0 0 183231 Miscellaneous 611310 503438 0 0 503438 0 0 0 0 686669 19405899 8589339 0 5153627 3483046 3483046 4591739 4591739 0 0 0 0 478983 147591 331392 0 6406121 4631614 1543692 230815 343370 244333 85849 13188 1331490 914399 369241 47850 496783 338379 140772 17632 0 0 0 0 38464 0 38464 0 66504 0 66504 0 0 0 0 0 0 0 314073 0 314073 0 0 0 0 0 348781 144565 64131 140085 681139 422327 204734 54078 236671 101934 123029 11708 0 0 0 0 616698 215669 401029 0 439222 329846 73109 36267 0 0 0 0 64731 28362 36369 0 0 0 0 0 0 0 0 0 287616 252062 35554 0 199626 42471 157155 0 Administration 332814 0 332814 0 Student Services 399299 399299 0 0 Instruction 193791 193791 0 0 Auxiliary 491326 491326 0 0 21842287 16972753 4317911 551623 8708804 5182582 1989259 2032630 18313 26807 239501 254706 20549 27361 8295362 7416917 680081 878445 72625910 69736117 34957236 32151729 1007406 970001 120247059 111260378 1445739 1000532 50918 67682 619602 611353 2116259 1679567 X 28886689 22916379 19545362 15240522 69698749 71423910 118130800 109580811 120247059 111260378 X -2436388 -5793639 0 0 0 -319962 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 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 92571711 3557144 -3965599 1339992 4447744 0 86375520 0.22 0.12 0.66 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 8295362 7416917 878445 0 0 0 0 878445 Fund of Funds 18819080 F Managed Futures 4214548 F Beneficial Interest in Perpetual Trust 9118101 F 32151729 0 Damage Deposits 23775 Annuity Obligations 93915 Liability Under Charitable Remainder Trust 493663 611353 X 10293774 -5793639 2040000 0 0 -3753639 14047413 0 5358486 5358486 19405899 18843763 2040000 0 0 0 2040000 16803763 0 5038524 5038524 21842287 Schedule D, Part V, Line 4 The endowment funds are used to provide a payout for the intended purpose of the original gift. 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 accrual of tax expense or benefit. Schedule D, Part XI, Line 4b Scholarships $3,662,140, Agency $1,062,311, Investment fees $314,073, Change in Beneficial Interest in a perpetual trust $95,724, change in split interest agreement $224,238. Schedule D, Part XII, Line 4b Scholarships $3,662,140, Agency $1,062,311, Investment fees $314,073. 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, 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 Student have the opportunity to travel to an international country as a week long study abroad trip. 182653 South America 0 0 Program Services Student have the opportunity to travel to an international country as a week long study abroad trip. 35185 Central America and the Caribbean 0 0 Program Services Student have the opportunity to travel to an international country as a week long study abroad trip. 5914 Europe (including Iceland and Greenland) 0 0 Program Services Student have the opportunity to travel to an international country as a week long study abroad trip. 8175 0 0 231927 0 0 0 0 0 0 1 International Chapter PEO Sisterhood 3700 Grand Avenue Des Moines IA 503122899 420453829 501 (c)4 3483046 Based on cost Transfer of building The International Chapter PEO Sisterhood owns the buildings on the College campus and allows the College to use them. The College raises the funds to construct the buildings and then they are gifted back to the Sisterhood. 0 1 Grants are used to pay for the college educational expenses for the students. 284 4591739 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 Judy Rogers President 113406 0 0 0 0 0 7619 0 4197 0 125222 0 0 0 Jann Weitzel President 99145 0 0 0 0 0 6923 0 4550 0 110618 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 addition, 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 President's have small discretionary funds with their individual departments. All expenses do require documentation and are not taxable to the individuals. X 8 122407 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 A, Line 7b The International P.E.O. Sisterhood has to approve any expenditures over a specified amount listed in the bylaws for alterations or improvements to the physical plant or property acquisitions. In addition the Sisterhood also approves any changes to the governing documents of the College. Form 990, Part VI, Section B, Line 11b The return is reviewed by the Audit Committee which is a standing committee of the Board of Trustees. It is also available for review by the entire Board on the secure board website only. Comments are then reviewed and addressed by the Business Office. Form 990, Part VI, Section B, Line 12c Conflict of interest statements are filed annually and held in the President's office for review by the Audit Committee. The committee reviews the statements and then reports back to the board who determines if follow up is needed. All Board of Trustees, President's Council, Non Trustee members of the board committees, Controller, and Associate Controller are required to complete conflict of interest statements. If someone is found to have a conflict of interest they do no participate in any deliberations or decisions regarding that transaction. Form 990, Part VI, Section B, Line 15 Compensation amounts are determined by using compensation surveys or studies, have a written job employment contract in the case of the President, and all compensation amounts are approved by the Board of Trustees. 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 (224,238) and Change in beneficial interest in a perpetual trust (95,724). 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 An extension has been filed and granted requesting additional time to complete the return.