2017-02-09T08:03:24-06:00 2016-06-30 430765316 RubinBrown LLP One North Brentwood Saint Louis MO 63105 990 2015-07-01 430652649 Lindenwood College LIND 6369494970 209 South Kingshighway St Charles MO 633011693 dr Michael D Shonrock President 6369494970 2017-02-07 1 Brent W Stevens P01291820 3142903300 2015 2021-01-29 14:40:06Z LINDENWOOD UNIVERSITY dr Michael D Shonrock 209 South Kingshighway St Charles MO 633011693 245442869 0 X WWW.LINDENWOOD.EDU X 1853 MO ACCREDITED BY THE HIGHER LEARNING COMMISSION SINCE 1918, LINDENWOOD UNIVERSITY OFFERS VALUES-CENTERED PROGRAMS LEADING TO THE DEVELOPMENT OF THE WHOLE PERSON-AN EDUCATED, RESPONSIBLE CITIZEN OF A GLOBAL COMMUNITY. 33 33 4728 424 650650 -55876 7363450 3320766 189571525 191445089 11368795 6683750 795209 1007761 209098979 202457366 46250824 48802004 0 0 63849385 69557968 0 0 849819 81686816 81609334 191787025 199969306 17311954 2488060 508188589 500713446 13333326 13794852 494855263 486918594 X LINDENWOOD UNIVERSITY OFFERS VALUES-CENTERED PROGRAMS LEADING TO THE DEVELOPMENT OF THE WHOLE PERSON-AN EDUCATED, RESPONSIBLE CITIZEN OF A GLOBAL COMMUNITY. LINDENWOOD IS COMMITTED TO 1 PROVIDING AN INTEGRATIVE LIBERAL ARTS CURRICULUM 2 OFFERING PROFESSIONAL AND PRE-PROFESSIONAL DEGREE PROGRAMS 3 FOCUSING ON THE TALENTS INTERESTS AND FUTURE OF THE STUDENT 4 SUPPORTING ACADEMIC FREEDOM AND THE UNRESTRICTED SEARCH FOR TRUTH 5 AFFORDING CULTURAL ENRICHMENT TO THE SURROUNDING COMMUNITY 6 PROMOTING ETHICAL LIFESTYLES 7 DEVELOPING ADAPTIVE THINKING AND PROBLEM-SOLVING SKILLS 8 FURTHERING LIFELONG LEARNING. LINDENWOOD IS AN INDEPENDENT, PUBLIC-SERVING, LIBERAL ARTS UNIVERSITY THAT HAS A HISTORICAL RELATIONSHIP WITH THE PRESBYTERIAN CHURCH AND IS FIRMLY ROOTED IN JUDEO-CHRISTIAN VALUES. THESE VALUES INCLUDE BELIEF IN AN ORDERED, PURPOSEFUL UNIVERSE, THE DIGNITY OF WORK, THE WORTH AND INTEGRITY OF THE INDIVIDUAL, THE OBLIGATIONS AND PRIVILEGES OF CITIZENSHIP AND THE PRIMACY OF THE TRUTH. 0 0 179505826 48802004 190794439 SEE SCHEDULE OINSTRUCTIONAL AND LIBRARY - FACULTY, LIBRARY AND CURRICULUM EXPENSE FOR STUDENTS EARNING AN UNDERGRADUATE, GRADUATE, EDUCATION SPECIALISTS AND DOCTORAL DEGREES AND AS OF FISCAL YEAR ENDED 6/30/2016, APPROXIMATELY 10,989 FULL-TIME EQUIVALENT STUDENTS. APPROXIMATELY 15,234 STUDENTS WERE SERVED. STUDENT SERVICES - ALONG WITH ADMISSIONS, ACADEMIC SERVICES, AND FINANCIAL AID DEPARTMENTS, LINDENWOOD HAS A STUDENT ACTIVITIES OFFICE THAT SERVES AS A COORDINATING CENTER ON CAMPUS AND WORKS WITH APPROXIMATELY 92 STUDENT CLUBS AND ORGANIZATIONS TO FACILITATE THEIR ACTIVITIES AND PROJECTS. THE ATHLETIC DEPARTMENT HAS 25 NCAA DIVISON II SPORTS FOR MEN AND WOMEN, 23 NAIA SPORTS FOR MEN AND WOMEN, AND 24 OTHER NATIONALLY AFFILIATED SPORTS. AUXILIARY - STUDENT ROOM AND BOARD AND AS OF FISCAL YEAR 6/30/2016, APPROXIMATELY 5,044 STUDENTS WERE SERVED. 179505826 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 1 1 1 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 17215 0 1 4728 1 1 1 0 0 0 0 1 1 0 0 0 0 X 33 33 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X GREG PHELPS 6366272938 209 South Kingshighway St Charles MO 633011693 Jim J Shoemake CHAIRMAN 1.00 X X 0 0 0 Ben F Blanton VICE CHAIRMAN 1.00 X X 0 0 0 John W Hammond TREASURER 1.00 X X 0 0 0 Grace Harmon SECRETARY 1.00 X X 0 0 0 Patricia A Ahrens BOARD MEMBER 1.00 X 0 0 0 Kevin Bray BOARD MEMBER 1.00 X 0 0 0 Jackie Brock BOARD MEMBER 1.00 X 0 0 0 Judith Brown BOARD MEMBER 1.00 X 0 0 0 Gaspare Calvaruso BOARD MEMBER 1.00 X 0 0 0 Nancy Calvert BOARD MEMBER 1.00 X 0 0 0 J Michael Conoyer BOARD MEMBER 1.00 X 0 0 0 David G Cosby BOARD MEMBER 1.00 X 0 0 0 Duane Flowers BOARD MEMBER 1.00 X 0 0 0 Ron Gorgen BOARD MEMBER 1.00 X 0 0 0 James E Issler BOARD MEMBER 1.00 X 0 0 0 Mark Andrew Kern BOARD MEMBER 1.00 X 0 0 0 Chris Lissner BOARD MEMBER 1.00 X 0 0 0 Joseph G Mathews BOARD MEMBER 1.00 X 0 0 0 Doug Mueller BOARD MEMBER 1.00 X 0 0 0 Ronald W Ohmes BOARD MEMBER 1.00 X 0 0 0 Ronnie D Osborn BOARD MEMBER 1.00 X 0 0 0 Donald Paule BOARD MEMBER 1.00 X 0 0 0 Dr Patricia Penkoske BOARD MEMBER 1.00 X 0 0 0 Chip Peterson BOARD MEMBER 1.00 X 0 0 0 Lucy D Rauch BOARD MEMBER 1.00 X 0 0 0 Herb Roach BOARD MEMBER 1.00 X 0 0 0 Jane Calvert Rogers BOARD MEMBER 1.00 X 0 0 0 Jerry E Scheidegger BOARD MEMBER 1.00 X 0 0 0 Gary N Shaw BOARD MEMBER 1.00 X 0 0 0 Bill Schoenhard BOARD MEMBER 1.00 X 0 0 0 DONALD TUTTLE BOARD MEMBER 1.00 X 0 0 0 ART JOHNSON BOARD MEMBER 1.00 X 0 0 0 MICHAEL SHONROCK PRESIDENT BEGINNING 6/1/15 40.00 X 211964 0 14136 James D Evans PRESIDENT THROUGH 5/31/15 40.00 X 155594 0 12061 Jerry M Bladdick Vice President Through 8/31/15 40.00 X 139832 0 10365 DEB AYRES Vice President 40.00 X 182969 0 8848 Susan Mangels Vice President Through 8/31/15 40.00 X 129456 0 9122 Julie Mueller Vice President Through 12/31/15 40.00 X 308026 0 19046 Jann Weitzel Vice President Through 5/31/15 40.00 X 141625 0 11666 JOSEPH PARISI Vice President 40.00 X 162769 0 17961 RYAN GUFFEY Vice President 40.00 X 137700 0 6875 GREG PHELPS Vice President/CFO 40.00 X 141797 0 24628 Marilyn Abbott Vice President Beginning 6/1/15 40.00 X 172330 0 13919 Brett Barger Vice President Beginning 9/1/15 40.00 X 157945 0 26762 Dan Grigg Vice President Beginning 1/1/16 40.00 X 0 0 0 Grant Shostak Vice President Beginning 1/1/16 40.00 X 0 0 0 TJ Rains Vice President Beginning 9/1/15 40.00 X 60442 0 6670 Eric Stuhler Legal Counsel Through 12/31/15 40.00 X 146017 0 19639 Donald Senti Senior Consultant 40.00 X 207061 0 9545 PEGGY ELLIS DEAN OF NURSING 40.00 X 143581 0 13070 Terry L Kapeller Asst. VP Business Office 40.00 X 136198 0 6810 Shawn Haghighi Chief Information Officer 40.00 X 168529 0 17890 2903835 0 249013 48 0 1 0 PEDESTAL FOODS 15480 CLAYTON ROAD SUITE 301 BALLWIN MO 63011 FOOD SERVICE 7047807 MATHENY HEATING & COOLING SERVICES INC 6317 OLIVE STREET ST LOUIS MO 63130 A.C. & HEATING REPAIR SERVICE 2525708 BLANTON CONSTRUCTION 550 TURNER BOULEVARD ST PETERS MO 63376 CONSTRUCTION 1336812 AOS LLC 1855 BOWLES AVE FENTON MO 63026 INFORMATION TECHNOLOGY SERVICES 1210612 PYRAMID ELECTRICAL CONTRACTORS INC 300 MONTICELLO PLACE FAIRVIEW HEIGHTS IL 62208 ELECTRICAL WORK 1040946 100 131150 737454 2452162 3320766 INSTRUCTION & AUXILLIARY 900099 190794439 190794439 Auxilliary - unrelated 900099 650650 650650 191445089 4244423 4244423 845461 0 845461 845461 845461 45393074 42734510 219237 2658564 -219237 2439327 2439327 22500 131150 31756 -9256 -9256 OTHER REVENUE 900099 171556 171556 171556 202457366 190794439 650650 7691511 4063029 4063029 44738975 44738975 2193328 892195 1042149 258984 56150870 51928862 3830826 391182 1305552 1158025 135777 11750 6068391 5570783 442993 54615 3839827 3471204 314866 53757 286040 286040 733743 733743 591590 591590 3179742 1653466 1526276 1039773 748637 291136 2502705 1551677 900974 50054 6817130 5590047 1227083 1420388 1420388 893293 732500 142927 17866 14284388 13284479 989910 9999 1214902 1214902 STUDENT WORK & LEARN 13176671 12386071 790600 REPAIRS & MAINTENANCE 10636197 7338976 3297221 ATHLETICS 7035434 7035434 FOOD SERVICE 6724910 6724910 11072428 9216168 1854648 1612 199969306 179505826 19613661 849819 8843934 8896969 16089953 24134532 6752981 5498207 3527788 3466521 585235 25984 1562737 1484554 416058687 130395827 292523617 285662860 173793124 167788395 3220372 2962604 145051 90018 1143797 702802 508188589 500713446 5683771 6337669 5603943 6696085 2045612 761098 13333326 13794852 X 474235843 470361305 7933703 3695365 12685717 12861924 494855263 486918594 508188589 500713446 X 2488060 -10313789 -110940 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 215661 702802 X X X 0 145884076 1169134 -7203921 537911 139311378 143407647 1132680 2136784 561769 145884076 122153740 1542797 20305808 594698 143407647 108945562 1143433 12367933 303188 122153740 113331832 1123484 -5099281 410473 108945562 0.90660 0.09230 0.00110 1 0 21507368 37222990 58730358 4894580 293325699 100090857 198129422 3249569 12311175 5669506 9891238 1037553 32324954 24635464 8727043 10184799 10184799 285662860 FUNDS HELD IN CUSTODY FOR OTHERS 409872 OBLIGATIONS UNDER SPLIT-INTEREST AGREEMENTS 54012 REFUNDABLE U.S. GOVERNMENT STUDENT LOANS 297214 761098 147293662 -10313789 -10313789 157607451 44849915 44849915 202457366 151167302 0 151167302 48802004 48802004 199969306 Part III, Line 4: PURPOSE FOR LINDENWOOD UNIVERSITY'S COLLECTIONS THE UNIVERSITY HAS OBTAINED OVER THE YEARS BY PURCHASE OR DONATION VARIOUS COLLECTIONS FOR THE HISTORIC DANIEL BOONE HOME AND BOONEFIELD VILLAGE. THE MISSION OF THIS HISTORIC SITE IS TO PRESERVE AND PROTECT THE HISTORIC STRUCTURES, COLLECTIONS AND NATURAL RESOURCES THAT COMPRISE THE FACILITY; TO INTERPRET THE EARLY AMERICAN FRONTIER EXPERIENCE IN MISSOURI AS EXEMPLIFIED BY THE BOONE FAMILY AND THEIR CONTEMPORARIES; AND TO PROVIDE A CENTER FOR FULLY INTEGRATED LEARNING ON ALL EDUCATIONAL LEVELS FROM ELEMENTARY THROUGH THE UNIVERSITY LEVEL. THE COLLECTIONS OF THE BOONE HOME EXIST TO PRESERVE THE STORY OF THE BOONE FAMILY AND ITS PLACE IN AMERICAN HISTORY (SPECIFICALLY WITH REGARD TO WESTWARD EXPANSION) AND TO EDUCATE THE PUBLIC AND UNIVERSITY STUDENTS ABOUT THE BOONE FAMILY'S STORY AND THE CHARACTER TRAITS OF THE "AMERICAN PIONEER". THE SECONDARY GOAL OF THE COLLECTIONS IS TO PRESERVE AND EDUCATE THE PUBLIC AND UNIVERSITY STUDENTS ABOUT THE CRAFTS AND TRADES EMPLOYED BY THE PEOPLE OF MISSOURI IN THE 1800S. THE SITE HAS TWO DISTINCT COLLECTIONS: THE BOONE COLLECTION AND THE STUDY AND EDUCATION COLLECTION. Part V, Line 4: THE PERMANENT ENDOWMENT CONSISTS OF DONOR PRINCIPAL RESTRICTED GIFTS THAT THE ANNUAL INCOME MUST BE USED FOR GENERAL, SCHOLARSHIPS, AND BUILDING AND MAINTENANCE EXPENSES. THE QUASI ENDOWMENTS ARE FUNDS THAT THE UNIVERSITY HAS SET ASIDE OVER THE LAST 185 YEARS TO PROTECT THE PRINCIPAL AND INCOME DISTRIBUTIONS OF THE PERMANENTLY RESTRICTED ENDOWMENT FUND. ANY REMAINING INCOME IS USED FOR FUNDING INSTITUTIONAL STUDENT AID. Part XI, Line 4b - Other Adjustments: SCHOLARSHIPS 44,738,975. CHANGE IN VALUE OF SPLIT-INTEREST 110,940. Part XII, Line 4b - Other Adjustments: SCHOLARSHIPS 44,738,975. Grant to St. Charles County Reported Separately On Financial Statement 4,063,029. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 ALL ADVERTISEMENTS (I.E. CATALOGS) INCLUDE STATEMENTS RECOMMENDED FOR IRS EXEMPT ORGANIZATIONS. Schedule E, Part I, Line 6 GOVERNMENTAL AID HAS BEEN RECEIVED THIS YEAR AS FOLLOWS: STUDENT FINANCIAL AID FROM THE U.S. DEPARTMENT OF EDUCATION, FEDERAL WORK-STUDY AND FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT PROGRAMS, A TAX INCREMENTAL FINANCE PAYMENT FROM THE CITY OF BELLEVILLE, ILLINOIS. CENTRAL AMERICA 0 2 PROGRAM SERVICES RECRUITING 50724 EUROPE 0 0 PROGRAM SERVICES STUDY ABROAD TUITION 74430 CENTRAL AMERICA 0 0 PROGRAM SERVICES STUDY ABROAD TUITION 27900 0 2 0 0 0 2 153054 0 153054 0 0 0 0 0 0 Part I, line 3: LINDENWOOD HAS CONTRACTED WITH TWO ALUMNI IN PANAMA TO BE PART-TIME INDEPENDENT CONTRACTORS TO HELP THE UNIVERSITY RECRUIT STUDENTS IN THE CENTRAL AMERICA REGION. TOTAL FEES AND ALLOTMENT FOR OFFICE EXPENSES FOR 2015-2016 FISCAL YEAR WERE: ALUMNI ONE: $29,184 ALUMNI TWO: $21,540 TOTAL: $50,724 LINDENWOOD PAID THE CENTRO DE LENGUAS MODERNAS (LOCATED IN SPAIN) $14,793 FOR FOREIGN STUDIES TUITION FOR Two STUDENTS THAT STUDIED ABROAD DURING THE YEAR. LINDENWOOD PAID THE UNIVERSITY OF CAEN (LOCATED IN FRANCE) $25,937 FOR FOREIGN STUDIES TUITION FOR Five STUDENTS THAT STUDIED ABROAD DURING THE YEAR. LINDENWOOD PAID STUDIO ART CENTERS COLLEGE INTERNATION (LOCATED IN ITALY) $33,700 FOR FOREIGN STUDIES TUITION FOR TWO STUDENTS THAT STUDIED ABROAD DURING THE YEAR. LINDENWOOD PAID LANGUAGE LINK INC (LOCATED IN COSTA RICA) $27,900 FOR FOREIGN STUDIES TUITION FOR FIVE STUDENTS THAT STUDIED ABROAD DURING THE YEAR. GOLF OUTING 153650 131150 22500 5520 10000 12686 3550 153650 131150 22500 5520 10000 12686 3550 31756 -9256 1 St Charles County 201 N 2nd St St Charles MO 63301 999999999 501 (c) 4063029 FMV Real Estate Donation Pursuant To Personal Property Transfer agreement 1 SCHOLARSHIPS 8780 44738975 PART III ALL STUDENT AID AWARD LETTERS ARE PREPARED BY LINDENWOOD COLLEGE'S FINANCIAL AID OFFICE. EACH AWARD LETTER HAS A STATEMENT OF CONDITIONS AND IS SIGNED BY THE STUDENT. THE BUSINESS OFFICE POSTS ALL AID TO THE STUDENT'S ACCOUNT FOR ACADEMIC USAGE. BOTH THE BUSINESS OFFICE AND THE FINANCIAL AID OFFICE MONITOR THESE FUNDS. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 MICHAEL SHONROCK PRESIDENT BEGINNING 6/1/15 211964 0 0 0 0 0 6000 0 8136 0 226100 0 0 0 James D Evans PRESIDENT THROUGH 5/31/15 155594 0 0 0 0 0 7780 0 4281 0 167655 0 0 0 Jerry M Bladdick Vice President Through 8/31/15 139832 0 0 0 0 0 6831 0 3534 0 150197 0 0 0 DEB AYRES Vice President 182969 0 0 0 0 0 8848 0 0 0 191817 0 0 0 Julie Mueller Vice President Through 12/31/15 308026 0 0 0 0 0 13250 0 5796 0 327072 0 0 0 Jann Weitzel Vice President Through 5/31/15 141625 0 0 0 0 0 5660 0 6006 0 153291 0 0 0 JOSEPH PARISI Vice President 162769 0 0 0 0 0 8165 0 9796 0 180730 0 0 0 GREG PHELPS Vice President/CFO 141797 0 0 0 0 0 7477 0 17151 0 166425 0 0 0 Marilyn Abbott Vice President Beginning 6/1/15 172330 0 0 0 0 0 8512 0 5407 0 186249 0 0 0 Brett Barger Vice President Beginning 9/1/15 157945 0 0 0 0 0 8126 0 18636 0 184707 0 0 0 Eric Stuhler Legal Counsel Through 12/31/15 146017 0 0 0 0 0 6121 0 13518 0 165656 0 0 0 Donald Senti Senior Consultant 207061 0 0 0 0 0 9545 0 0 0 216606 0 0 0 PEGGY ELLIS DEAN OF NURSING 143581 0 0 0 0 0 7274 0 5796 0 156651 0 0 0 Shawn Haghighi Chief Information Officer 168529 0 0 0 0 0 8593 0 9297 0 186419 0 0 0 BLANTON CONSTRUCTION OWNER IS A DIRECTOR 1310400 CONSTRUCTION LABOR 0 MIDWEST SERVICE GROUP OWNER'S FATHER IS A DIRECTOR 221755 ASBESTOS REMOVAL 0 GLASS TEK GLAZING OWNER IS A DIRECTOR 4047 CONSTRUCTION LABOR 0 PAULE CAMAZINE & BLUMENTAL PC OWNER IS A DIRECTOR 104220 REAL ESTATE DEVELOPMENT LEGAL CONSULTING 0 X FAIR MARKET VALUE X APPAREL 2 0 FAIR MARKET VALUE X LAND/BUILDING 1 0 FAIR MARKET VALUE X TV STUDIO SET 1 0 FAIR MARKET VALUE X UMBRELLAS/GOLF TOWELS 1 0 FAIR MARKET VALUE X DISNEY SCORE/BROCHURES/OFFICE CHAIR 1 0 FAIR MARKET VALUE X PEPSI PRODUCTS 1 0 fair MARKET VALUE X CHEMICALS 1 0 FAIR MARKET VALUE X GAME TICKETS/SIGNED BASEBALL 1 0 FAIR MARKET VALUE X PROJECTOR 1 0 FAIR MARKET VALUE X TOOLS/BOOKS 1 0 FAIR MARKET VALUE 0 1 0 Form 990, Part VI, Section B, line 11 INFORMATION NEEDED TO COMPLETE THE FORM 990 IS COMPILED BY THE ACCOUNTING DEPARTMENT AND THE RETURN IS PREPARED AND SIGNED BY RUBINBROWN LLP. THE COMPLETED 990, INCLUDING REQUIRED SCHEDULES IS PROVIDED TO THE BOARD OF DIRECTORS BEFORE FILING. Form 990, Part VI, Section B, line 12c LINDENWOOD UNIVERSITY'S CONFLICT OF INTEREST PROCEDURES ARE AS FOLLOWS: PRIOR TO A BOARD OR COMMITTEE ACTION ON A CONTRACT OR TRANSACTION INVOLVING A CONFLICT OF INTEREST, A DIRECTOR OR COMMITTEE MEMBER HAVING A CONFLICT OF INTEREST AND WHO IS IN ATTENDANCE AT THE MEETING SHALL DISCLOSE ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. A DIRECTOR OR COMMITTEE MEMBER WHO PLANS NOT TO ATTEND A MEETING AT WHICH HE OR SHE HAS REASON TO BELIEVE THAT THE BOARD OR COMMITTEE WILL ACT ON A MATTER IN WHICH THE PERSON HAS A CONFLICT OF INTEREST SHALL DISCLOSE TO THE CHAIR OF THE MEETING ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. A PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN OR BE PERMITTED TO HEAR THE BOARD'S OR COMMITTEE'S DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. A PERSON WHO HAS A CONFLICT OF INTEREST WITH RESPECT TO A CONTRACT OR TRANSACTION THAT WILL BE VOTED ON AT A MEETING SHALL NOT BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM FOR PURPOSES OF THE VOTE. Form 990, Part VI, Section B, line 15 COMPENSATION FOR THE PRESIDENT IS FIXED BY A THREE YEAR WRITTEN CONTRACT CONTAINING AN ANNUAL PERCENTAGE INCREASE OVER THE THREE YEAR TERM. NO ADDITIONAL BONUSES, INCENTIVE PAYMENTS, OR OTHER COMPENSATION IS PAID IN ADDITIONAL TO THE CONTRACTUAL SUM. THE AMOUNT OF COMPENSATION IS DETERMINED BY A COMPENSATION COMMITTEE, APPOINTED BY THE CHAIRMAN OF THE BOARD. THIS COMMITTEE CONSISTED OF BOARD MEMBERS WITH VARIOUS PROFESSIONAL, LEGAL, AND BUSINESS BACKGROUNDS. THE COMPENSATION COMMITTEE DETERMINES THE SALARY PARAMETERS BASED ON AN EXTENSIVE REVIEW OF SALARIES AND COMPENSATION PAID PRESIDENTS OF OTHER SIMILARLY SIZED UNIVERSITIES, INCLUDING DATA FROM THE CARNEGIE CLASSIFICATIONS PUBLISHED IN THE CHRONICLE OF HIGHER EDUCATION. NEGOTIATIONS BETWEEN THE COMMITTEE AND THE PRESIDENT LEAD TO A DRAFT CONTRACT THAT IS SUBMITTED TO THE LINDENWOOD UNIVERSITY BOARD OF DIRECTORS EXECUTIVE COMMITTEE FOR REVIEW, COMMENT, AND OVERSIGHT INSTRUCTION. CHANGES, MODIFICATIONS, AND RECOMMENDATIONS FROM THE EXECUTIVE COMMITTEE LEAD TO FURTHER NEGOTIATIONS WITH THE PRESIDENT IN ORDER TO IMPLEMENT THEIR RECOMMENDATIONS. THE FINAL CONTRACT DRAFT IS THEN SUBMITTED TO THE FULL LINDENWOOD UNIVERSITY BOARD OF DIRECTORS FOR APPROVAL. THE LINDENWOOD UNIVERSITY PRESIDENT REVIEWS BENCHMARK COMPENSATION DATA RELATIVE TO INTERNAL AND EXTERNAL PEERS. THOSE FINDINGS, COUPLED WITH AN EVALUATION OF OVERALL WORK PERFORMANCE ARE USED TO DETERMINE ANNUAL SALARIES OF KEY EMPLOYEES WITHIN THE UNIVERSITY. Form 990, Part VI, Section C, line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC AT THIS TIME. The University will provide a copy of the IRS form 990 upon written request to the University. Form 990, Part XI, line 9: CHANGE IN SPLIT-INTEREST AGREEMENT -110,940. Form 990, Part XII, Line 2c There was no change from prior year.