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VP FOR FINANCE 4407755350 2016-05-13 true CHRISTOPHER B ANDERSON P00226559 2163630100 2014 2016-08-17 19:52:53Z MICHAEL FRANDSEN VP FOR FIN 70 NORTH PROFESSOR STREET OBERLIN OH 44074 376359479 false X WWW.OBERLIN.EDU X 1834 OH OBERLIN COLLEGE IS A LIBERAL ARTS COLLEGE &A CONSERVATORY OF MUSIC THAT EXISTS TO ACHIEVE - AND TO ENABLE ITS STUDENTS&FACULTY TO ACHIEVE - ACADEMIC, ARTISTIC,&MUSICAL EXCELLENCE. 34 32 3975 50 698284 46574003 30565377 175649740 184911069 50391247 55775244 0 0 272614990 271251690 54687396 57576515 0 0 96954474 101644197 0 0 7431269 81031468 85315042 232673338 244535754 39941652 26715936 1269650008 1263166736 252037882 248600100 1017612126 1014566636 X OBERLIN COLLEGE IS A LIBERAL ARTS COLLEGE AND A CONSERVATORY OF MUSIC THAT EXISTS TO ACHIEVE - AND TO ENABLE ITS STUDENTS AND FACULTY TO ACHIEVE - ACADEMIC, ARTISTIC, AND MUSICAL EXCELLENCE. OBERLIN'S MISSION IS TO: - GRADUATE LIBERAL ARTS AND CONSERVATORY STUDENTS WHO HAVE LEARNED TO THINK WITH INTELLECTUAL RIGOR, CREATIVITY, AND INDEPENDENCE; - PROVIDE THE HIGHEST LEVEL OF CONSERVATORY EDUCATION TO EXCEPTIONALLY TALENTED YOUNG MUSICIANS; - OFFER SUPERB LIBERAL EDUCATION ACROSS THE ARTS AND SCIENCES, IN THE HUMANITIES, NATURAL AND SOCIAL SCIENCES, AND THE ARTS; - OPEN THE WORLD TO ITS STUDENTS AND DEVELOP IN THEM THE SKILLS AND KNOWLEDGE THEY WILL NEED TO ENGAGE WITH AND NAVIGATE IN HIGHLY DIVERSE COMMUNITIES AND IN A GLOBAL SOCIETY; - NURTURE STUDENTS' CREATIVITY BY PROVIDING RICH CURRICULAR AND CO-CURRICULAR OPPORTUNITIES FOR STUDYING AND MAKING ART AND MUSIC; - HELP STUDENTS CLARIFY AND INTEGRATE THEIR INTELLECTUAL STRENGTHS AND INTERESTS, SOCIAL COMMITMENTS, AND VOCATIONAL ASPIRAT false false 220286614 57576515 182237482 OBERLIN COLLEGE IS A LIBERAL ARTS INSTITUTION MADE UP OF THE COLLEGE OF ARTS AND SCIENCES AND THE CONSERVATORY OF MUSIC. THE COLLEGE SERVES 2,995 FULL-TIME EQUIVALENT UNDERGRADUATE STUDENTS, AWARDING SCHOLARSHIPS TO 2,710 OF THEM. THE AVERAGE STUDENT RECEIVES $21,246 IN FINANCIAL AID. THE COLLEGE IS ESSENTIALLY RESIDENTIAL IN NATURE WITH 2,862 FULL-TIME BOARDS AND 2,571 FULL-TIME RESIDENTS. THE BALANCE OF THE STUDENT BODY IS HOUSED IN PRIVATE OFF-CAMPUS HOUSING WITHIN THE CITY OF OBERLIN, OHIO. 220286614 true true false false false false false true true true true true false false true true false true true true true false true false false false false true true true true false false false false false false true false true true true true false false false true true true false false true 1092 0 true 3975 true true true true UK IT false false false false false false false false X 34 32 false false false false false false false true true false false true true true true true true true true true true OH X MARK R BATES 4407755350 173 WEST LORAIN STREET OBERLIN OH 44074 Clyde S McGregor Trustee 16.0 0.0 X 0 0 0 Neil S Barsky Trustee 2.0 0.0 X 0 0 0 Charles S Birenbaum Trustee 2.0 0.0 X 0 0 0 Karen Buck Burgess Trustee 2.0 0.0 X 0 0 0 T Christopher Canavan Trustee 2.0 0.0 X 0 0 0 Amy Chen Trustee 4.0 0.0 X 0 0 0 Joseph D Condon Trustee 2.0 0.0 X 0 0 0 Thomas F Cooper Trustee 8.0 0.0 X 0 0 0 Marjorie Coward Trustee 2.0 0.0 X 0 0 0 Motoko T Deane Trustee 2.0 0.0 X 0 0 0 Lillie Johnson Edwards Trustee 4.0 0.0 X 0 0 0 Karen Gebhart Flint Trustee 2.0 0.0 X 0 0 0 Edward P Helms Trustee 2.0 0.0 X 0 0 0 Alan Houseman Trustee 2.0 0.0 X 0 0 0 Michael E Kamarck Trustee 8.0 0.0 X 0 0 0 Stewart A Kohl Trustee 2.0 0.0 X 0 0 0 David Krischer Trustee 2.0 0.0 X 0 0 0 Thomas Kutzen Trustee 8.0 0.0 X 0 0 0 William Lewis Trustee 2.0 0.0 X 0 0 0 Nicholas Loh Trustee 2.0 0.0 X 0 0 0 Chesley Maddox-Dorsey Trustee 2.0 0.0 X 0 0 0 Emily McClintock Trustee 2.0 0.0 X 0 0 0 Thomas L Riis Trustee 2.0 0.0 X 0 0 0 Patricia Shanks Trustee 8.0 0.0 X 0 0 0 David Shapira Trustee 2.0 0.0 X 0 0 0 Susan J Troy Trustee 2.0 0.0 X 0 0 0 Inyang Udo-Inyang Trustee 2.0 0.0 X 0 0 0 Philip Vasan Trustee 2.0 0.0 X 0 0 0 Leanne Wagner Trustee 2.0 0.0 X 0 0 0 Harlan W Waksal Trustee 4.0 0.0 X 0 0 0 Elizabeth Welch Trustee 2.0 0.0 X 0 0 0 Danette Wineberg Trustee 4.0 0.0 X 0 0 0 Alan Wurtzel Trustee 2.0 0.0 X 0 0 0 Diane Yu Trustee 8.0 0.0 X 0 0 0 MARVIN KRISLOV PRESIDENT 40.0 0.0 X 437246 0 140317 MICHAEL L FRANDSEN VP FOR FINANCE 40.0 0.0 X 138996 0 55849 MARK R BATES ASSOC VP FOR FINANCE 40.0 0.0 X 185712 0 46352 ANDREA E KALYN DEAN OF CONSERVATORY 40.0 0.0 X 222636 0 62843 TIMOTHY E ELGREN DEAN OF ARTS & SCIENCES 40.0 0.0 X 117903 0 8652 SANDHYA L SUBRAMANIAN VP, GENERAL COUNSEL&SECY. 40.0 0.0 X 200977 0 34356 HEIDI PYCRAFT CONTROLLER 40.0 0.0 X 107300 0 18871 WILLIAM E BARLOW VP OF DEVEL./ALUMNI AFFAIRS 40.0 0.0 X 237641 0 36830 JAINEN THAYER CHIEF INVESTMENT OFFICER 40.0 0.0 X 616595 0 38540 MARCIA E MILLER DIRECTOR OF INVESTMENTS 40.0 0.0 X 233149 0 35397 DEBRA J CHERMONTE DEAN OF ADM.&FIN.AID 40.0 0.0 X 181129 0 32747 ERIC S ESTES VP&DEAN-STU.LIFE&SVCS 40.0 0.0 X 170962 0 25371 JOYCE K BABYAK ACTING DEAN/ASSOC DEAN A&S 40.0 0.0 X 164747 0 37037 RONALD R WATTS SPEC ASST, BUSINESS DEVELOP 40.0 0.0 X 254890 0 39276 HARRY N HIRSCH PROFESSOR 40.0 0.0 X 183581 0 33496 CLAYTON R KOPPES PROFESSOR 40.0 0.0 X 179740 0 32754 MICHAEL M NOLAN ASSOC VP DEV&DIR PRIN GIFT 40.0 0.0 X 178742 0 27607 JOHN E BUCHER CHIEF TECHNOLOGY OFFICER 40.0 0.0 X 172903 0 38454 3984849 0 744749 137 false true false PANZICA CONSTRUCTION COMPANY 739 BETA DRIVE MAYFIELD VILLAGE OH 44143 CONSTRUCTION 7507565 ALBERT M HIGLEY COMPANY 2926 CHESTER AVENUE CLEVELAND OH 44114 CONSTRUCTION 2342953 MAROUS BROTHERS CONSTRUCTION 1702 JOSEPH LLOYD PARKWAY WILLOUGHBY OH 44094 CONSTRUCTION 2061549 DONLEY'S INC 5430 WARNER ROAD CLEVELAND OH 44125 CONSTRUCTION 1297249 INFINITY CONSTRUCTION CO INC 18440 CRANWOOD PARKWAY WARRENSVILLE HTS OH 44128 CONSTRUCTION 11186228 35 2109589 28455788 8416365 30565377 TUITION & FEES 900099 145446627 145446627 RESIDENTIAL & DINING SERVICES 900099 32165384 32165384 EDUCATIONAL ACTIVITIES 900099 4037157 4037157 OBERLIN INN 721110 1953426 1953426 SUMMER CONFERENCE PROGRAM 900099 588314 588314 720161 720161 184911069 4402930 698284 3704646 0 0 0 0 0 156480103 105107789 51372314 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199067222 144483318 54583904 46056281 46056281 346729182 FUNDS HELD IN TRUST BY OTHERS 18072005 F NATURAL RESOURCES INVESTMENTS 40061557 F VENTURE CAP.&OTHER ALTERN.INV. 154902980 F 213036542 0 ANNUITY OBLIGATIONS 15781856 15781856 X 183527626 -25331299 -1883536 -27214835 210742461 3064915 57444314 60509229 271251690 187142082 3649702 3649702 183492380 3064915 57978459 61043374 244535754 FINANCIAL STATEMENT FOOTNOTE REGARDING ART COLLECTION - PART III, LINE 1A: THE COLLEGE HAS ELECTED NOT TO CAPITALIZE CONTRIBUTED COLLECTIONS. ALL WORKS OF ART AND COLLECTIONS ARE HELD FOR PUBLIC EXHIBITION, EDUCATION OR RESEARCH; ARE PROTECTED, KEPT UNENCUMBERED, CARED FOR, AND PRESERVED; AND ARE SUBJECT TO POLICIES GOVERNING THEIR USE. RECOGNIZING WORKS OF ART AS AN ASSET OF THE INSTITUTION WOULD RESULT IN A MATERIAL INCREASE IN PROPERTY, PLANT AND EQUIPMENT AND A CORRESPONDING INCREASE IN NET ASSETS IN THE STATEMENTS OF FINANCIAL POSITION. DESCRIPTION OF ART COLLECTION - PART III, LINE 4: The Allen Memorial Art Museum (AMAM) is one of the finest college or university collections in the United States. Comprising nearly 14,000 works of art from virtually every culture and spanning the history of art, the AMAM's collection is a vital cultural resource for the students, faculty, and staff of Oberlin College as well as the surrounding community. The museum organizes a variety of public programs in connection with exhibitions for Oberlin College and the local community. The Museum offers educational resources for Oberlin College faculty and students as well as other colleges and universities, K-12 teachers, children, and families. CUSTODIAL FUNDS - PART IV, LINE 2B: IN ADDITION TO FUNDS FROM STUDENT ORGANIZATIONS, THE COLLEGE MAINTAINS AGENCY FUNDS FOR VARIOUS PURPOSES INCLUDING FELLOWSHIPS FUNDED BY OUTSIDE FOUNDATIONS. INTENDED USE OF ENDOWMENT FUNDS - PART V, LINE 4: OBERLIN COLLEGE'S ENDOWMENT SPENDING POLICY IS SET BY THE COLLEGE'S BOARD OF TRUSTEES. THE BOARD OF TRUSTEES TAKES GREAT CARE IN DEVELOPING THE BROAD OBJECTIVES AND SPECIFIC SPENDING METHODOLOGY, GIVING CONSIDERATION TO A NUMBER OF FACTORS, INCLUDING PRESERVATION OF THE COLLEGE'S ENDOWMENT FOR PERPETUITY, ECONOMIC CONDITIONS AND THE POSSIBLE IMPACT OF INFLATION AND DEFLATION, THE COLLEGE'S HISTORICAL TOTAL RETURN ON ENDOWMENT, THE EXPECTED TOTAL RETURNS AND THE RELATED INVESTMENT POLICIES AND TARGETED ALLOCATIONS TO ACHIEVE THE EXPECTED RETURNS, AND THE OTHER FINANCIAL RESOURCES OF THE COLLEGE. THE BROAD OBJECTIVES OF THE ENDOWMENT SPENDING POLICY ARE TO INCREASE THE REAL VALUE OF THE ENDOWMENT, TO PROVIDE A DEPENDABLE STREAM OF CURRENT EARNINGS DISTRIBUTION FROM THE ENDOWMENT POOL TO THE COLLEGE, TO RELEASE EARNINGS AT A RATE SUSTAINABLE OVER THE LONG TERM, AND TO SEEK TO PROVIDE PREDICTABILITY AND STABILITY OF ENDOWMENT SPENDING ESSENTIAL FOR LONG-RANGE PLANNING. FIN 48 (ASC 740) FOOTNOTE - PART X, LINE 2: THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(c)(3). THE COLLEGE GENERATES MINOR AMOUNTS OF UNRELATED BUSINESS INCOME, ANNUALLY FILES FORM 990-T AND PAYS TAXES ON SUCH INCOME. THE COLLEGE RECOGNIZES THE TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE COLLEGE, THE CONTINUED TAX-EXEMPT STATUS OF BONDS ISSUED BY THE COLLEGE AND VARIOUS POSITIONS RELATED TO POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. THE COLLEGE BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. AS OF JUNE 30, 2015, THE COLLEGE'S INCOME TAX YEARS FROM 2011 AND THEREAFTER REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, AS WELL AS VARIOUS STATE AND LOCAL TAXING AUTHORITIES. OTHER CHANGES IN REVENUE - PART XI, LINE 2D: CHANGE IN INTEREST RATE SWAP LIABILITY: ($1,665,287); ACTIVITY OF AFFILIATES THAT WAS INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS: $317,895; RECLASS REDESIGNATED FUNDS TO EXPENSES: ($536,144); TOTAL ADJUSTMENT: ($1,883,536). OTHER CHANGES IN REVENUE - PART XI, LINE 4B: STUDENT FINANCIAL AID, WHICH WAS SHOWN AS A REDUCTION OF TUITION REVENUE ON FINANCIAL STATEMENTS BUT AS AN EXPENSE IN PART IX OF FORM 990: $57,442,314; ADJUSTMENT TO FINANCIAL STATEMENT AMOUNTS WHICH WERE ROUNDED TO THE NEAREST THOUSAND DOLLARS: $2,000; TOTAL ADJUSTMENT: $57,444,314. OTHER CHANGES IN EXPENSES - PART XII, LINE 2D: POST-RETIREMENT BENEFIT OBLIGATION ADJUSTMENT: $2,429,806; NON-RECURRING BOND DEFEASANCE CHARGE: $333,033; ACTIVITY OF AFFILIATES THAT WAS INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS: $886,863; TOTAL ADJUSTMENT: $3,649,702. OTHER CHANGES IN EXPENSES - PART XII, LINE 4B: STUDENT FINANCIAL AID, WHICH WAS SHOWN AS A REDUCTION OF TUITION REVENUE ON FINANCIAL STATEMENTS BUT AS AN EXPENSE IN PART IX OF FORM 990: $57,442,314; RECLASS REDESIGNATED FUNDS TO EXPENSES: $536,144; ADJUSTMENT TO FINANCIAL STATEMENT AMOUNTS WHICH WERE ROUNDED TO THE NEAREST THOUSAND DOLLARS: $1; TOTAL ADJUSTMENT: $57,978,459. true true true true true true true false false false false false false false false true false true PUBLICATION OF RACIALLY NONDISCRIMINATORY POLICY - PART I, LINE 3: THE COLLEGE PUBLISHES ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH NEWSPAPER ADVERTISING, THE COLLEGE COURSE CATALOG, THE STUDENT REGULATIONS, POLICIES AND PROCEDURES PUBLICATION, AND EMPLOYEE HANDBOOKS. THE COLLEGE FOLLOWS A VOLUNTARY AFFIRMATIVE ACTION PLAN. FINANCIAL AID FROM A GOVERNMENTAL AGENCY - PART I, LINE 6B: OBERLIN COLLEGE PARTICIPATES IN VARIOUS STUDENT FINANCIAL AID PROGRAMS FROM THE U.S. DEPARTMENT OF EDUCATION, INCLUDING THE FOLLOWING PROGRAMS: PELL GRANTS, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, PERKINS LOANS, AND COLLEGE WORK STUDY PROGRAMS. true Central America and the Caribbean Investments 322051021 Europe (Including Iceland and Greenland) Investments 24829425 Central America and the Caribbean Program Services STUDY ABROAD PROGRAMS 253575 East Asia and the Pacific Program Services STUDY ABROAD PROGRAMS 356256 Europe (Including Iceland and Greenland) 2 Program Services STUDY ABROAD PROGRAMS 2191230 Middle East and North Africa Program Services STUDY ABROAD PROGRAMS 15175 North America Program Services STUDY ABROAD PROGRAMS 193660 Russia and the Newly Independent States Program Services STUDY ABROAD PROGRAMS 152730 South America Program Services STUDY ABROAD PROGRAMS 87865 South Asia Program Services STUDY ABROAD PROGRAMS 58582 Sub-Saharan Africa Program Services STUDY ABROAD PROGRAMS 156200 2 2 350345719 350345719 SCHOLARSHIPS Central America and the Caribbean 6 55823 CRED.TO ACCT SCHOLARSHIPS East Asia and the Pacific 19 304825 CRED.TO ACCT SCHOLARSHIPS Europe (Including Iceland and Greenland) 106 1249964 CRED.TO ACCT SCHOLARSHIPS North America 7 90216 CRED.TO ACCT SCHOLARSHIPS Russia and the Newly Independent States 1 7500 CRED.TO ACCT SCHOLARSHIPS South America 4 34500 CRED.TO ACCT SCHOLARSHIPS South Asia 3 24135 CRED.TO ACCT SCHOLARSHIPS Sub-Saharan Africa 5 37196 CRED.TO ACCT true false true true true false MONITORING USE OF GRANT FUNDS - PART I, LINE 2: THE COLLEGE ENSURES THAT ITS GRANTS ARE USED FOR EDUCATIONAL PURPOSES BY APPLYING THE FINANCIAL AID AWARDS DIRECTLY TO THE STUDENTS' ACCOUNTS FOR THOSE STUDENTS THAT STUDY ABROAD IN THE COLLEGE'S LONDON AND ITALY PROGRAMS. true PROVIDING OBERLIN WITH EFFICIENCY RESPONS INC 81 LOCUST ST OBERLIN OH 44074 272327255 10000 FMV GREEN EDGE FUND GRANT CITY OF OBERLIN 85 S MAIN ST OBERLIN OH 44074 346002073 115 36205 FMV SEE PART IV OBERLIN EARLY CHILDHOOD CENTER 317 EAST COLLEGE STREET OBERLIN OH 44074 237313925 501(c)(3) 40000 FMV SEE PART IV NEW IMAGE LIFESKILLS ACADEMY 19425 VAN AKEN BLVD205 SHAKER HTS OH 44122 810545479 8000 FMV GREEN EDGE FUND GRANT 1 3 SCHOLARSHIPS 2710 55638155 LAUNCH U ENTREPREMEURIAL GRANTS 4 34996 MONITORING USE OF GRANT FUNDS - PART I, LINE 2: THE COLLEGE ENSURES THAT ITS GRANTS OF STUDENT FINANCIAL AID ARE USED FOR THE INTENDED EDUCATIONAL PURPOSES BY APPLYING THE AWARDS DIRECTLY TO THE STUDENTS' TUITION BALANCES INSTEAD OF ISSUING CHECKS. THE COLLEGE ALSO MAKES ENTREPRENEURIAL AND ENVIRONMENTAL GRANTS THROUGH ITS LAUNCH U PROGRAM AND GREEN EDGE FUND. POTENTIAL GRANTEES SUBMIT APPLICATIONS FOR THE GRANTS, AND AFTER A RIGOROUS REVIEW PROCESS, GRANTS ARE AWARDED. GRANTEES ARE REQUIRED TO SUBMIT REPORTS WHICH INDICATE HOW THE GRANT FUNDS WERE SPENT. ADDITIONAL INFORMATIONR REGARDING PURPOSE OF GRANTS - PART II: THE COLLEGE MADE MULTIPLE GRANTS TO THE CITY OF OBERLIN FOR THE FOLLOWING PURPOSES: GRANT FOR FIRE TRUCK: $30,000; GRANT FOR MOBILE APP PROJECT: $205; GRANT FOR TRANSIT SERVICE: $6,000; TOTAL GRANTS: $36,205. THE COLLEGE MADE A GREEN EDGE FUND GRANT OF $3,000 AND A GENERAL GRANT OF $37,000 TO OBERLIN EARLY CHILDHOOD CENTER, FOR A TOTAL OF $40,000 IN GRANTS. X true true X X X X false false false false false false false false false MARVIN KRISLOV PRESIDENT 437246 0 0 0 0 0 112500 0 27817 0 577563 0 0 0 MICHAEL L FRANDSEN VP FOR FINANCE 138996 0 0 0 0 0 25000 0 30849 0 194845 0 0 0 MARK R BATES ASSOC VP FOR FINANCE 185712 0 0 0 0 0 23167 0 23185 0 232064 0 0 0 ANDREA E KALYN DEAN OF CONSERVATORY 222636 0 0 0 0 0 28750 0 34093 0 285479 0 0 0 SANDHYA L SUBRAMANIAN VP, GENERAL COUNSEL&SECY. 200977 0 0 0 0 0 21624 0 12732 0 235333 0 0 0 WILLIAM E BARLOW VP OF DEVEL./ALUMNI AFFAIRS 237641 0 0 0 0 0 35530 0 1300 0 274471 0 0 0 JAINEN THAYER CHIEF INVESTMENT OFFICER 616595 0 0 0 0 0 20800 0 17740 0 655135 0 0 0 MARCIA E MILLER DIRECTOR OF INVESTMENTS 233149 0 0 0 0 0 29777 0 5620 0 268546 0 0 0 DEBRA J CHERMONTE DEAN OF ADM.&FIN.AID 181129 0 0 0 0 0 27451 0 5296 0 213876 0 0 0 ERIC S ESTES VP&DEAN-STU.LIFE&SVCS 170962 0 0 0 0 0 20123 0 5248 0 196333 0 0 0 JOYCE K BABYAK ACTING DEAN/ASSOC DEAN A&S 164747 0 0 0 0 0 25500 0 11537 0 201784 0 0 0 RONALD R WATTS SPEC ASST, BUSINESS DEVELOP 254890 0 0 0 0 0 38091 0 1185 0 294166 0 0 0 HARRY N HIRSCH PROFESSOR 183581 0 0 0 0 0 28176 0 5320 0 217077 0 0 0 CLAYTON R KOPPES PROFESSOR 179740 0 0 0 0 0 27460 0 5294 0 212494 0 0 0 MICHAEL M NOLAN ASSOC VP DEV&DIR PRIN GIFT 178742 0 0 0 0 0 26659 0 948 0 206349 0 0 0 JOHN E BUCHER CHIEF TECHNOLOGY OFFICER 172903 0 0 0 0 0 26891 0 11563 0 211357 0 0 0 EXPLANATION OF BENEFITS - PART I, LINE 1A: THE COLLEGE REQUIRES ITS PRESIDENT, MARVIN KRISLOV, AND ITS DEAN OF STUDENTS, ERIC ESTES, TO LIVE ON-CAMPUS AND ACCORDINGLY HAS PROVIDED SUITABLE HOUSING FOR BOTH. THE HOMES ARE USED SUBSTANTIALLY FOR COLLEGE BUSINESS INCLUDING MEETINGS WITH STAFF AND STUDENTS, MEETINGS WITH ALUMNI AND DONORS, AND OTHER COLLEGE-RELATED MATTERS. THE COLLEGE DOES NOT TREAT THE VALUE OF THE HOUSING PROVIDED AS TAXABLE COMPENSATION TO THE PRESIDENT OR THE DEAN OF STUDENTS. A OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346846974 67756AP55 2009-10-01 78715883 SEE PART VI false false false B OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346846974 67756DBZ8 2013-09-12 55692997 SEE PART VI false false false C OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756BZU7 2014-09-16 53860000 SEE PART VI false false false A 0 0 78715883 0 0 78007350 684258 0 24275 0 0 0 2009 true false true true B 0 0 55699573 0 0 40106763 0 0 419058 15173751 0 0 2015 true false true true C 0 0 53860000 0 0 53660000 0 0 200000 0 0 0 2014 true false true true A false false false false 0.00000 0.00000 0.00000 false false 0.00000 false true B false false false false 0.00000 0.00000 0.00000 false false 0.00000 false true C false false false false 0.00000 0.00000 0.00000 false false 0.00000 false true A false false false true false false 0 false 0 false true B false true false false false false 0 false 0 false true C false true false false true false 0 false 0 false true A true B true C true PART I, ROW A, COLUMN F - DESCRIPTION OF PURPOSE: EDUCATIONAL FACILITIES; INCLUDES REFUNDING OF SERIES 1999 (2-1-1999), SERIES 2005 (12-14-2005), AND SERIES 2006 (1-12-2006). PART I, ROW B, COLUMN F - DESCRIPTION OF PURPOSE: EDUCATIONAL FACILITIES; INCLUDES REFUNDING OF SERIES 2003 (8-26-2003). PART I, ROW C, COLUMN F - DESCRIPTION OF PURPOSE: EDUCATIONAL FACILITIES; INCLUDES REFUNDING OF SERIES 2008 (4-18-2008) AND A PORTION OF SERIES 2009 (10-1-2009). PART IV, LINE 1C, COLUMN A - DATE OF REBATE COMPUTATION: 1-6-2015. PART I, ROWS A & C - ADDITIONAL INFORMATION: THE BONDS OF THE ISSUES IDENTIFIED IN PART I, ROWS A AND C, ARE TREATED AS PART OF TWO SEPARATE ISSUES PURSUANT TO, AND TO THE EXTENT SET FORTH IN, TREASURY REGULATION SECTION 1.150-1(c)(3). 8000 MERIT AID EDUCATIONAL ASSISTANCE STEWART KOHL TRUSTEE 4181188 INVESTMENT IN RIVERSIDE false THOMAS COOPER TRUSTEE 10770824 INVESTMENT IN GMO false X 42 187200 APPRAISAL X 101449 COST/APPRAISAL X 197 7836786 FMV X MUSICAL INSTRUMENTS 2 97500 COST/APPRAISAL X MUSICAL SCORES 2078 193430 COST/APPRAISAL false true true USE OF THIRD PARTIES - PART I, LINE 32B: THE COLLEGE UTILIZES A SECURITIES BROKER TO SELL CERTAIN DONATED SECURITIES. THE FEES CHARGED BY THE BROKER ARE AT OR BELOW FAIR MARKET VALUE. FORM 990 REVIEW - FORM 990, PART VI, LINE 11B: THE BOARD OF TRUSTEES DELEGATED THE TASK OF REVIEWING FORM 990 TO THE AUDIT COMMITTEE, PURSUANT TO THE COLLEGE'S BY-LAWS AND APPROVED VIA A VOTE OF THE ENTIRE BOARD. AN ELECTRONIC DRAFT COPY OF FORM 990 WAS PROVIDED TO THE AUDIT COMMITTEE IN ADVANCE OF ITS MEETING ON MAY 5, 2016, FOR REVIEW. FOLLOWING THE REVIEW WITH THE OUTSIDE PUBLIC ACCOUNTING FIRM, THE AUDIT COMMITTEE APPROVED FORM 990. MONITORING AND ENFORCEMENT OF CONFLICT POLICY - FORM 990,PART VI,LINE 12C: All officers, trustees, directors, and key employees are required to disclose at least annually, and within thirty days after a material change, any relationships, positions, or circumstances that they believe could contribute to a conflict of interest, via a disclosure form that is circulated, along with the College's conflict of interest policy, to all such individuals. The General Counsel and Secretary of the College reviews and analyzes any conflicts and maintains copies of disclosure statements. Violations of the conflict of interest policy are communicated to the chair of the audit committee and the controller of the College, investigated by the College, and promptly corrected, including, where applicable, disciplinary action, up to the individual's removal from his or her position. COMPENSATION REVIEW AND APPROVAL - FORM 990, PART VI, LINE 15: Pursuant to the College's by-laws, approved via a vote of the full board, the compensation arrangements for the President and select officers and key employees are approved in advance through the following process. The Compensation Subcommittee of the Board's Executive Committee organizes and conducts the review of the President as the College's Chief Executive Officer, and makes recommendations to the Executive Committee and the Board concerning the compensation of the President and select officers and key employees. The Compensation Subcommittee consists of Trustees without a conflict of interest with respect to the compensation arrangement. In formulating its recommendations, the Compensation Subcommittee obtains and relies upon comparability data regarding the compensation of the President and select officers and key employees at similarly situated private colleges and universities. The Subcommittee presents to the Executive Committee its written report and recommendations. The Executive Committee may approve the Subcommittee's report and recommendations or act otherwise, and the Executive Committee's action is then presented to the full Board in executive session for ratification. A written report of the approved compensation determination and the basis for that determination is subsequently filed and preserved with the College's General Counsel and Secretary. AVAILABILITY OF DOCUMENTS - FORM 990, PART VI, LINE 19: THE COLLEGE MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ITS AUDITED FINANCIAL STATEMENTS ARE POSTED ON ITS WEB SITE. THE COLLEGE DOES NOT MAKE ITS CONFLICT POLICY AVAILABLE TO THE PUBLIC. OTHER CHANGES IN NET ASSETS - FORM 990, PART XI, LINE 9: CHANGE IN INTEREST RATE SWAP LIABILITY: ($1,665,287); POST-RETIREMENT BENEFIT OBLIGATION ADJUSTMENT: ($2,429,806); NON-RECURRING BOND DEFEASANCE CHARGE: ($333,033); ROUNDING ADJUSTMENT FOR FINANCIAL STATEMENT AMOUNTS BEING ROUNDED TO THE NEAREST THOUSAND DOLLARS: ($2,001); TOTAL ADJUSTMENT: ($4,430,127) JOINT VENTURE POLICY - FORM 990, PART VI, LINE 16B: THE COLLEGE'S PROCESS REGARDING MAKING INVESTMENTS, INITIATING CAPITAL PROJECTS, AND CREATING NEW SUBSIDIARIES REQUIRES THOROUGH BOARD REVIEW AND APPROVAL. THE COLLEGE HAS REVIEWED WITH ITS BOARD ITS PARTICIPATION IN ITS EXISTING JOINT VENTURES AND ENSURED THAT THE COLLEGE'S TAX-EXEMPT STATUS HAS NOT BEEN COMPROMISED. THE COLLEGE FORMED TWO FOR-PROFIT ENTITIES THAT ARE CURRENTLY TREATED AS "JOINT VENTURES". THESE FOR-PROFIT ENTITIES WERE FORMED TO FACILITATE THE QUALIFICATION FOR AND USE OF HISTORIC AND OTHER TAX CREDITS FOR THE COLLEGE'S APOLLO THEATER BUILDING RENOVATION. APOLLO THEATER HOLDINGS, INC. IS 100% OWNED BY THE COLLEGE, AND APOLLO THEATER, LLC IS 98.8% OWNED BY THE COLLEGE. AS SUCH, THE COLLEGE HAS SUFFICIENT CONTROL TO ENSURE THAT THE FOR-PROFIT ENTITIES OPERATE IN A MANNER THAT FURTHERS THE EXEMPT PURPOSES OF THE COLLEGE. THE COLLEGE FORMALIZED IN A WRITTEN POLICY THESE EXISTING PROCEDURES AND PROCESSES REGARDING ITS PARTICIPATION IN JOINT VENTURES WITH FOR-PROFIT ENTITIES, AND THE POLICY WAS APPROVED BY THE BOARD IN JUNE OF 2013. COLLEGE PROPERTIES OF OBERLIN INC 173 WEST LORAIN STREET OBERLIN OH 44074 341658407 PPTY HOLDING OH 501(c)(3) 11A OBERLIN COLL true COLLEGE PROPERTIES OF SOUTHWEST FLORIDA 173 WEST LORAIN STREET OBERLIN OH 44074 341568219 PPTY HOLDING OH 501(c)(3) 11A OBERLIN COLL true COLLEGE PROPERTIES OF NORTHERN OHIOINC 173 WEST LORAIN STREET OBERLIN OH 44074 340960554 PPTY HOLDING OH 501(c)(3) 11A OBERLIN COLL true OBERLIN SHANSI MEMORIAL ASSOCIATION 173 WEST LORAIN STREET OBERLIN OH 44074 340768350 EDUCATIONAL OH 501(c)(3) 11A NA false OBERLIN COLLEGE BROADCASTING INC 70 N PROFESSOR STREET OBERLIN OH 44074 263344852 BROADCAST.ED. OH 501(c)(3) 11A OBERLIN COLL true THE FIVE COLLEGES OF OHIO 209 CHASE AVENUE EATON CENTER GAMBIER OH 43022 311440434 EDUC.CONSORT. OH 501(c)(3) 11A NA false GREAT LAKES COLLEGES ASSOCIATION 535 WEST WILLIAM ANN ARBOR MI 48103 381678376 EDUC.CONSORT. 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OH OBERLIN COLLEGE C CORP. -620770 487368 1.00000 true CHARITABLE REMAINDER TRUST (1) 173 WEST LORAIN STREET OBERLIN OH 44074 CHARITABLE TRUST CT OBERLIN COLLEGE TRUST false CHARITABLE REMAINDER TRUST (1) 173 WEST LORAIN STREET OBERLIN OH 44074 CHARITABLE TRUST MA OBERLIN COLLEGE TRUST false CHARITABLE REMAINDER TRUST (1) 173 WEST LORAIN STREET OBERLIN OH 44074 CHARITABLE TRUST NY OBERLIN COLLEGE TRUST false false false false true false false false false false false false true false true false false true false false COLLEGE PROPERTIES OF NORTHERN OHIO D 6250359 FMV