2016-07-15T09:40:31-05:00 2015-08-31 381357951 PLANTE & MORAN PLLC 750 TRADE CENTRE WAY STE 300 PORTAGE MI 49002 990 2014-09-01 381988915 THOMAS M COOLEY LAW SCHOOL THOM 5173715140 300 S CAPITOL AVE LANSING MI 48933 KATHLEEN A CONKLIN TREASURER, VP-OPER & FINANCE 5173715140 2016-07-14 1 VICKI L VANDENBERG CPA P00100422 2695674500 2014 2016-09-27 15:27:22Z WMU - COOLEY LAW SCHOOL DON P LEDUC 300 S CAPITOL AVE LANSING MI 48933 69264196 0 X COOLEY.EDU X 1972 MI PREPARE GRADUATES FOR THE LEGAL PROFESSION WITH PRACTICAL LEGAL EDUCATION AS ITS GUIDING PRINCIPLE AND FOCUS. 15 13 896 200 0 0 438826 220888 80275131 63207595 1817689 1880612 465367 332476 82997013 65641571 18318664 14020696 0 0 55746644 29223235 0 0 276147 27196805 24800620 101262113 68044551 -18265100 -2402980 224655691 203984151 109938905 94428534 114716786 109555617 X THE MISSION OF WMU COOLEY LAW SCHOOL IS TO PREPARE ITS GRADUATES FOR ENTRY INTO THE LEGAL PROFESSION THROUGH AN INTEGRATED PROGRAM WITH PRACTICAL LEGAL EDUCATION AS ITS GUIDING PRINCIPLE AND FOCUS. THIS MISSION INCLUDES PROVIDING BROAD ACCESS TO THOSE WHO SEEK THE OPPORTUNITY TO STUDY LAW, WHILE REQUIRING THOSE TO WHOM THAT OPPORTUNITY IS OFFERED TO MEET COOLEY'S RIGOROUS ACADEMIC STANDARDS. 0 0 44787401 14020696 64619890 INSTRUCTION OF APPROXIMATELY 1,500 STUDENTS INCLUDING OPERATION OF A BOOKSTORE FOR THE CONVENIENCE OF STUDENTS AND FACULTY 44787401 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 1 1 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 1 0 0 1 62 0 1 896 1 0 0 0 0 0 1 1 0 0 0 0 X 15 13 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 0 0 X KATHLEEN A CONKLIN 5173715140 300 S CAPITOL AVE LANSING MI 48933 DON P LEDUC PRESIDENT AND DEAN 60.00 X X 496028 0 41540 HON LOUISE ALDERSON VICE CHAIRMAN OF THE BOARD 1.00 X X 0 0 0 JAMES W BUTLER III DIRECTOR 1.00 X 0 0 0 THOMAS W CRANMER DIRECTOR 1.00 X 0 0 0 SCOTT DIENES DIRECTOR 1.00 X 0 0 0 HON STEPHEN J MARKMAN DIRECTOR 1.00 X 0 0 0 HON JANE E MARKEY DIRECTOR 1.00 X 0 0 0 LAWRENCE P NOLAN CHAIRMAN OF THE BOARD 1.00 X X 0 0 0 EDWARD H PAPPAS DIRECTOR 1.00 X 1500 0 0 DENNIS A SWAN DIRECTOR 1.00 X 0 0 0 KENNETH MILLER DIRECTOR 1.00 X 0 0 0 SHARON HANLON DIRECTOR 1.00 X 0 0 0 W ANTHONY JENKINS DIRECTOR - PART YEAR 1.00 X 0 0 0 JAMES MORTON DIRECTOR 1.00 X 4500 0 0 BART STUPAK DIRECTOR 1.00 X 0 0 0 HON RICHARD F SUHRHEINRICH DIRECTOR 1.00 X 0 0 0 CHERIE BECK SECRETARY AND ASST LEGAL C 45.00 X 108879 0 28233 KATHLEEN A CONKLIN VP OF OPERATIONS & FINANCE, TREASURER 55.00 X 177929 0 35857 CHRISTINE ZELLAR-CHURCH ASSOC DEAN/PROFESSOR 60.00 X 163895 0 39005 DUANE STROJNY ASSOC DEAN FOR LIBRARIES 50.00 X 170997 0 37529 JEFFREY MARTLEW ASSOC DEAN/PROFESSOR 50.00 X 163895 0 32005 JOAN VESTRAND ASSOC DEAN/PROFESSOR 60.00 X 163895 0 34005 NELSON MILLER ASSOC DEAN/PROFESSOR 55.00 X 194496 0 33793 THOMAS E BRENNAN EMERITUS PROFESSOR 5.00 X 329198 0 41508 CHARLES CERCONE PART-YEAR ASSOC DEAN/PROFESSOR 40.00 X 289864 0 35125 DAVID BERRY PART-YEAR PROFESSOR 40.00 X 259641 0 39742 MARY D'ISA PART-YEAR PROFESSOR 40.00 X 252747 0 36544 CHRISTOPHER HASTINGS PROFESSOR 50.00 X 240590 0 38171 3018054 0 473057 136 0 1 0 CLEAN TEAM USA PO BOX 1220 OKEMOS MI 48805 HOUSEKEEPING SERVICES 826852 GUARDSMARK LLC PO BOX 11407 BIRMINGHAM AL 352463000 ACCESS CONTROL SERVICES 557880 RAYMOND JAMES 630 FIFTH AVE SUITE 2950 NEW YORK NY 10111 FINANCIAL ADVISOR FOR BOND ISSUE 406325 ECKERT SEAMANS CHERIN & MELLOTT LLC 600 GRANT ST 44TH FLOOR PITTSBURGH PA 15219 COUNSEL TO SCHOOL 256013 WELLS FARGO PO BOX 601083 CHARLOTTE NC 282601083 FINANCING & LEGAL FEES 237179 14 42505 106242 72141 220888 TUITION AND FEES 611110 63207595 63207595 63207595 810816 810816 4130255 3025574 34885 1104681 -34885 1069796 1069796 19328 42505 29351 -10023 -10023 751053 532815 218238 218238 MISCELLANEOUS 900099 115519 115519 COPY MACHINE REVENUE 900099 8742 8742 124261 65641571 64619890 0 800793 13106899 13106899 913797 913797 1716576 1157138 559438 20491305 16812651 3496620 182034 349054 273484 72271 3299 4952078 3595603 1307922 48553 1714222 1354421 347770 12031 95836 95836 62650 62650 75891 75891 2106075 1132632 973443 1082581 23864 1045063 13654 332783 74917 257069 797 828416 63354 765062 2714697 1525301 1189396 200643 164038 31549 5056 26787 6919 18881 987 4933192 4933192 8094401 2109440 5984961 460751 2736 458015 LIBRARY COLLECTION MAIN 1668303 1668303 PROPERTY IMPAIRMENT 827211 827211 STUDENT ACTIVITIES 308892 308892 RESTRUCTURING COSTS 299978 299978 681533 493012 178785 9736 68044551 44787401 22981003 276147 938 659 8219381 6455622 430526 341749 515939 430641 354872 309007 1372280 1178529 239009952 98427870 147558888 140582082 22612464 12838640 41025660 38923379 765824 646475 1798919 2277368 224655691 203984151 13018835 4485324 11752282 8030684 74745000 65550000 15056783 10422788 1305743 109938905 94428534 X 110564516 105276275 2938520 2940798 1213750 1338544 114716786 109555617 224655691 203984151 X -2402980 -2061472 -696717 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 243447 X 1 26784780 7232 -239076 75891 26539442 23078595 23110 3668498 69927 26784780 20740744 314867 2084512 61528 23078595 18837999 112357 1845216 54828 20740744 16664256 142553 2084428 53238 18837999 0.92680 0.05040 0.02280 0 0 17962343 17962343 158447565 52019930 106427635 3106 1708 1398 30578088 28017062 2561026 32018850 18389170 13629680 140582082 MONEY MARKET MUTUAL FUNDS & CERTIFICATES OF DEPOSIT 14506701 C COLLECTIVE TRUST FUNDS 22598168 C MUTUAL FUNDS 1818510 C 38923379 ACCRUED COMPENSATION 870403 OTHER LONG TERM LIABILITIES 435340 1305743 49423176 -2061472 -14689738 -16751210 66174386 -532815 -532815 65641571 54584345 -13993021 -13993021 68577366 -532815 -532815 68044551 PART III, LINE 4: THE COLLECTION INVOLVES ART WORK EITHER RELATED TO THE LAW, LEGAL ISSUES, THE STATE OF MICHIGAN, OR ONE OF OUR VARIOUS LOCATIONS. THE ARTWORK IS DISPLAYED PUBLICLY AND IS FEATURED IN LECTURES AND PRESENTATIONS INVOLVING LAW STUDENTS AND THE PUBLIC. DISPLAY AND USE OF THE COLLECTION ADVANCES COOLEY'S POLICY OF INCULCATING ITS STUDENTS INTO THE TENETS OF PROFESSIONALISM, INCLUDING PUBLIC SERVICE, AND THE PROMOTION OF HIGHER EDUCATION FOR ALL CITIZENS. PART V, LINE 4: THE LAW SCHOOL MAINTAINS A BOARD DESIGNATED ENDOWMENT FUND. THE FUNDS ARE NOT MEANT FOR CURRENT OPERATING NEEDS, BUT MAINTAINED FOR FUTURE PROJECTS AS THE BOARD DEEMS NECESSARY. THE TEMPORARILY RESTRICTED AND PERMANENT ENDOWMENTS CONTAIN FUNDS FROM A CAPITAL CAMPAIGN WHICH RAISED FUNDS FOR BUILDING RENOVATIONS AND A NEED BASED SCHOLARSHIP FUND. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS -13,993,021. UNREALIZED GAIN ON VALUE ON INTEREST RATE SWAP 768,323. LOSS ON OUTSTANDING BOND ISSUANCE COSTS AND BOND DISCOUNTING -1,465,040. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -532,815. PART XII, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS -13,993,021. PART XII, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -532,815. 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 SCHOOL PUBLISHED ITS RACIALLY NON-DISCRIMINATORY POLICY IN SEVERAL MICHIGAN PAPERS IN ADVERTISEMENTS SOLICITING STUDENTS SCHEDULE E, PART I, LINE 6 THE LAW SCHOOL RECEIVES EACH YEAR AN AUTHORIZATION FROM THE DEPARTMENT OF EDUCATION TO SUPPORT THE FEDERAL WORKSTUDY PROGRAM. ADDITIONALLY, THE SCHOOL RECEIVED A GRANT FROM THE DEPARTMENT OF JUSTICE TO SUPPORT THE WORK OF THE INNOCENCE PROJECT, A SCHOOL SPONSORED CLINIC FOR STUDENTS. 0 EUROPE 1 3 PROGRAM SERVICES EDUCATION OF LAW STUDENTS IN A STUDY ABROAD PROGRAM 61047 NORTH AMERICA 1 7 PROGRAM SERVICES EDUCATION OF LAW STUDENTS IN A STUDY ABROAD PROGRAM 49655 2 10 0 0 2 10 110702 0 110702 HONORS SCHOLARSHIPS CENTRAL AMERICA AND THE CARIBBEAN 8 60928 SCHOLARSHIPS GIVEN TO STUDENTS ON THE BASIS OF ACADEMIC ACHIEVEMENT HONORS SCHOLARSHIPS NORTH AMERICA 41 576632 SCHOLARSHIPS GIVEN TO STUDENTS ON THE BASIS OF ACADEMIC ACHIEVEMENT HONORS SCHOLARSHIPS EAST ASIA AND THE PACIFIC 7 56923 SCHOLARSHIPS GIVEN TO STUDENTS ON THE BASIS OF ACADEMIC ACHIEVEMENT HONORS SCHOLARSHIPS EUROPE (INCLUDING ICELAND & GREENLAND) 4 73880 SCHOLARSHIPS GIVEN TO STUDENTS ON THE BASIS OF ACADEMIC ACHIEVEMENT HONORS SCHOLARSHIPS MIDDLE EAST AND NORTH AFRICA 2 15210 SCHOLARSHIPS GIVEN TO STUDENTS ON THE BASIS OF ACADEMIC ACHIEVEMENT HONORS SCHOLARSHIPS RUSSIA AND NEIGHBORING STATES 1 17700 SCHOLARSHIPS GIVEN TO STUDENTS ON THE BASIS OF ACADEMIC ACHIEVEMENT HONORS SCHOLARSHIPS SOUTH AMERICA 1 1920 SCHOLARSHIPS GIVEN TO STUDENTS ON THE BASIS OF ACADEMIC ACHIEVEMENT HONORS SCHOLARSHIPS SOUTH ASIA 2 17865 SCHOLARSHIPS GIVEN TO STUDENTS ON THE BASIS OF ACADEMIC ACHIEVEMENT HONORS SCHOLARSHIPS SUB-SAHARAN AFRICA 3 15361 SCHOLARSHIPS GIVEN TO STUDENTS ON THE BASIS OF ACADEMIC ACHIEVEMENT LESTER BOWLES PEARSON BURSARY SCHOLARSHIP NORTH AMERICA 21 77378 CURRENCY DIFFERENTIAL NEED-BASED SCHOLARSHIP 0 0 0 0 0 0 GOLF OUTING 58787 40245 18542 600 6668 13891 6260 WINE TASTING 3046 2260 786 1500 432 61833 42505 19328 600 6668 15391 6692 29351 -10023 1 HONORS SCHOLARSHIPS 958 13072007 YELLOW RIBBON MATCH 8 7217 OTHER SCHOLARSHIP FUNDS 24 5900 21775 PART I, LINE 2: OUR HONORS SCHOLARSHIPS ARE GIVEN TO CURRENT STUDENTS ON THE BASIS OF ACADEMIC ACHIEVEMENT. YELLOW RIBBON IS A PARTIAL MATCH OF FUNDS RECEIVED FROM THE DEPARTMENT OF VETERANS AS PART OF A FEDERAL PROGRAM FOR QUALIFIED STUDENTS. THE OTHER SCHOLARSHIPS ARE GIVEN TO CURRENT STUDENTS BASED ON FINANCIAL NEED, COMMUNITY INVOLVEMENT AND/OR ACADEMIC ACHIEVEMENT. X X 1 1 X X X X 1 0 0 0 0 0 0 0 0 DON P LEDUC PRESIDENT AND DEAN 465385 0 0 0 30643 0 20150 0 21390 0 537568 0 0 0 KATHLEEN A CONKLIN VP OF OPERATIONS & FINANCE, TREASURE 163895 0 0 0 14034 0 11943 0 23914 0 213786 0 0 0 CHRISTINE ZELLAR-CHURCH ASSOC DEAN/PROFESSOR 163895 0 0 0 0 0 10540 0 28465 0 202900 0 0 0 DUANE STROJNY ASSOC DEAN FOR LIBRARIES 163895 0 0 0 7102 0 10540 0 26989 0 208526 0 0 0 JEFFREY MARTLEW ASSOC DEAN/PROFESSOR 163895 0 0 0 0 0 10540 0 21465 0 195900 0 0 0 JOAN VESTRAND ASSOC DEAN/PROFESSOR 163895 0 0 0 0 0 10540 0 23465 0 197900 0 0 0 NELSON MILLER ASSOC DEAN/PROFESSOR 163895 0 0 0 30601 0 10540 0 23253 0 228289 0 0 0 THOMAS E BRENNAN EMERITUS PROFESSOR 329198 0 0 0 0 0 20150 0 21358 0 370706 0 0 0 CHARLES CERCONE PART-YEAR ASSOC DEAN/PROFESSOR 163895 0 0 0 125969 0 10540 0 24585 0 324989 0 0 0 DAVID BERRY PART-YEAR PROFESSOR 167505 0 0 0 92136 0 13179 0 26563 0 299383 0 0 0 MARY D'ISA PART-YEAR PROFESSOR 130957 0 0 0 121790 0 12272 0 24272 0 289291 0 0 0 CHRISTOPHER HASTINGS PROFESSOR 156090 0 0 0 84500 0 9759 0 28412 0 278761 0 0 0 PART I, LINE 1A ONLY THE PRESIDENT AND/OR BOARD MEMBERS ARE ALLOWED FIRST CLASS TRAVEL. THE PRESIDENT HAS A MONTHLY HOUSING ALLOWANCE THAT IS INCLUDED IN HIS COMPENSATION AND REPORTED ON FORM W-2. THE SCHOOL PAYS CERTAIN CLUB DUES FOR THE PRESIDENT REPORTED AS COMPENSATION ON FORM W-2. PART I, LINE 4A DAVID BERRY AND MARY D'ISA RECEIVED SEVERANCE PAYMENTS OF $52,780 AND $50,266 RESPECTIVELY. A MICHIGAN FINANCE AUTHORITY 800596186 594479CD7 2014-10-20 65612513 REFUND PRIOR ISSUES DATED 6/10/2008 AND 8/27/2009 0 0 0 A 65612513 5908613 59703901 0 1 1 1 A 0 0 0 0 0.00080 0.00000 0.00080 0 0 0 A 0 1 0 0 0 0 0 0 0 A 0 CURT BENSON FORMER PROFESSOR HUSBAND OF JANE MARKEY, A MEMBER OF THE BOARD OF DIRECTORS 93395 SALARY AND BENEFITS RECEIVED AS A FORMER FACULTY MEMBER 0 LAURA LEDUC ASSOCIATE DEAN FOR PLA DAUGHTER OF DON LEDUC, THE PRESIDENT AND DEAN 190232 SALARY AND BENEFITS RECEIVED AS A STAFF MEMBER 0 FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF THE FORM 990 IS PREPARED INTERNALLY. IT IS THEN REVIEWED BY ACCOUNTANTS AND PRESENTED TO MANAGEMENT FOR FINAL REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY AND A QUESTIONNAIRE ARE PROVIDED ANNUALLY TO ALL BOARD MEMBERS, OFFICERS AND MEMBERS OF THE MANAGEMENT TEAM. ALL RESPONSES ARE REVIEWED BY THE TREASURER, AND ANY REAL OR PERCEIVED CONFLICTS ARE BROUGHT TO THE ATTENTION OF THE PRESIDENT, AUDIT COMMITTEE AND THE BOARD CHAIR. DURING THE COURSE OF THE YEAR, IF SOMEONE IDENTIFIES A CONFLICT, IT IS TO BE COMMUNICATED IN WRITING IMMEDIATELY. DIRECTORS OR MANAGERS WHO HAVE DECLARED A CONFLICT OF INTEREST SHALL REFRAIN FROM PARTICIPATING IN CONSIDERATION OF THE PROPOSED TRANSACTIONS UNLESS THE BOARD OR ADMINISTRATION REQUESTS INFORMATION OR INTERPRETATION FOR SPECIAL REASONS. SHOULD A CONFLICT OF INTEREST MATTER REQUIRE AN AUDIT COMMITTEE OR BOARD VOTE TO RESOLVE, THOSE CONCERNED SHALL NOT BE PRESENT AT THE TIME OF THE DISCUSSION OF THE MATTER OR AT THE TIME OF THE VOTE. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT/DEAN'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS AND IS GOVERNED BY A WRITTEN CONTRACT. WHEN THE CONTRACT IS RENEWED COMPARITIVE FINANCIAL DATA IS OBTAINED IN ORDER TO ENSURE THE COMPENSATION IS COMPETITIVE WITH ORGANIZATIONS OF A SIMILAR SIZE. COMPENSATION IS REVIEWED ANNUALLY. THE LAST TIME THE COMPENSATION WAS DETERMINED WAS IN FEBRUARY, 2014. THE CONTRACT IS CURRENTLY UNDER REVIEW. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL CURRENTLY DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UNLESS REQUIRED. FORM 990, PART XI, LINE 9: UNREALIZED GAIN ON VALUE OF INTEREST RATE SWAP 768,323. LOSS ON COST OF ISSUANCE -1,465,040. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE MAINTAINS OVERSIGHT OVER THE ANNUAL AUDIT. THE CHAIR OF THE AUDIT COMMITTEE SIGNS THE ENGAGEMENT LETTER, THE COMMITTEE PARTICIPATES IN A PLANNING MEETING WITH THE AUDITORS, AND REVIEWS THE RESULTS OF EACH AUDIT AFTER ITS COMPLETION. SIXTY PLUS INC 300 S CAPITOL AVE 6TH FLOOR LANSING MI 48901 382245744 LEGAL SERVICES FOR THE ELDERLY MI 501(C)(3) 7 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 SIXTY PLUS INC P 12022 ALLOCATION OF COST SIXTY PLUS INC O 640086 ALLOCATION OF COST SIXTY PLUS INC N 7098 ALLOCATION OF COST