2016-01-21T12:23:27-06:00 2015-05-31 363990892 Capin Crouse LLP 972 Emerson Parkway STE A Greenwood IN 46143 990 2014-06-01 350867954 Anderson University ANDE 7656414001 1100 East 5th Street Anderson IN 46012 Vanessa J Tijerina Asst Treasurer and Controller 7656414001 2016-01-21 1 David C Moja P00747006 3178852620 2014 2016-04-25 22:37:26Z John Pistole 1100 East 5th Street Anderson IN 46012 78045516 0 X www.anderson.edu X 1917 IN To educate persons for a life of faith and service in the church and society 32 31 1788 115 0 0 7294377 9754055 59930869 59152870 1271192 1676783 1871260 2328983 70367698 72912691 19943094 20139245 0 0 28156159 27364333 12000 0 1439628 19635810 20083528 67747063 67587106 2620635 5325585 144240704 147892284 67956770 70552789 76283934 77339495 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 54738362 20139245 51548280 Higher education: General educational activities serving more than 2,300 students during the 2014-2015 school year. AU students benefit from the expertise of our 124 faculty members and a low student-to-faculty ratio of 13 to 1. Among tenure-track faculty, 71 percent hold doctorates or other 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 with significant growth in the past decade through the establishment of new graduate programs and growth of existing programs. 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. 2011220 10193039 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. We also like to have a lot of fun. 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. Tree of Life is owned by six college graduates who know what it costs to go through college and do everything they can do to keep the bookstore prices affordable and competitive for AU students. 56749582 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 0 1 1 0 1 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 1 1 0 1 0 1 0 0 0 1 1 1 1 0 0 1 3331 0 1 1788 1 0 0 0 0 0 0 0 0 0 1 0 X 32 31 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 0 0 0 James Edwards part year President 40.00 X X 167117 0 80292 Louis E Gerig Chairman 1.00 X 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 Jayne A Grandison 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 Kay J Confer 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 Llyod 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 David E Cox Trustee 1.00 X 0 0 0 Dale M Fontenot Trustee 1.00 X 0 0 0 David E Markle 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 Pat Seasor Bailey 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 119388 0 21083 Ronda Reemer Assistant Secretary 40.00 X 45349 0 2163 Vanessa Tijerina Asst Treasurer and Controller 40.00 X 60216 0 14174 Robert L Coffman VP Advancement and Secretary 40.00 X 97784 0 22842 James Lewis Dean of the School of Theology 40.00 X 73816 0 28388 Dana S Stuart VP for Finance and Treasurer 40.00 X 94817 0 25413 Charles E Staley Special Asst President 14.00 26.00 X 144933 0 26459 Terry Truitt Dean, Falls School of Business 40.00 X 114513 0 68055 Michael Wiese Professor, Falls School of Business 40.00 X 126649 0 20214 1044582 0 309083 5 0 1 0 Chartwells Dining Services PO Box 417632 Boston MA 02241 Food service management 2612955 WFF Facility Services 211 S Jefferson St Louis MO 63103 Custodial services 791288 Noel-Levitz LLC 2350 Oakdale Blvd Coralville IA 52241 Consulting services 315538 LMC Service Solutions 1023 W 38th Street Anderson IN 46013 Heating/Cooling services 264993 Fredericks Inc 5488 Old State Road 132 Pendleton IN 46064 Construction services 148350 6 645142 9108913 5044660 9754055 Tuition and fees 611310 48636817 48636817 Auxiliary services 611310 10193038 10193038 Radio station income 611310 295354 295354 Video production incom 611310 27661 27661 59152870 700822 700822 42985 42985 556135 815601 -259466 -259466 -259466 5248700 1500 4292753 24471 955947 -22971 932976 932976 Finance Charges 611310 278179 278179 2310270 2310270 2588449 72912691 61741319 0 1417317 20139245 20139245 958287 835633 122654 20715 20715 19606960 16610393 2386305 610262 766862 638724 95040 33098 4716517 3574061 1030345 112111 1294992 1061947 194260 38785 44947 4073 39714 1160 80423 80423 60791 60791 668300 487030 162695 18575 611997 268605 196357 147035 898167 611194 215150 71823 644657 202429 432241 9987 3006140 2610466 381785 13889 1267013 1152343 70493 44177 402976 266998 105879 30099 2234848 1824255 354783 55810 3338461 2039127 1286639 12695 216568 80298 136270 Contract auxilary servi 2011220 2011220 Maintenance repair and 941591 776708 163411 1472 Dues and subscriptions 396356 297491 94038 4827 3259073 2072260 1075644 111169 67587106 56749582 9397896 1439628 20076 20011 11877101 5523284 5646793 2604433 3493722 4504648 31683 0 129316 136798 309256 213722 136912406 58175352 73436936 78737054 32738545 42559896 10595724 6697161 5194679 4186761 412482 495769 354391 2212747 144240704 147892284 7891611 7874126 1847656 1672887 41513454 44901877 39735 125000 7627780 5111424 864988 2953087 8171546 7914388 67956770 70552789 X 33652688 31677609 4088091 5190131 38543155 40471755 76283934 77339495 144240704 147892284 X 5325585 -841635 -33932 -3394457 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2274377 X X X 0 32582422 2251608 969524 1522559 34280995 28190112 3150001 2649967 1407658 32582422 25140659 1054810 3609504 1614501 360 28190112 28097287 570229 -2195560 1331297 25140659 24605827 735744 4273601 1517885 28097287 1.00000 0 0 4037507 4037507 99187922 43653243 55534679 6167896 1594597 4573299 19298080 9474436 9823644 8221001 3453076 4767925 78737054 Annuities Payable 1188987 Liability for Amounts Held for Others 2867814 Liability for Federal Student Loans 3857587 7914388 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, 2015 and 2014, 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 61786 East Asia and the Pacific 0 0 Program services Mission trips 16518 Europe (Including Iceland & Greenland) 0 0 Program services Mission trips 178418 South Asia 0 0 Program services Mission trips 20062 Sub-Saharan Africa 0 0 Program services Mission trips 6747 0 0 0 0 0 0 283531 0 283531 0 0 0 0 0 0 Part I, line 3: Expenditures are accounted for using the accrual method of accounting. 1 Scholarship/fellowship/grant 1896 20139245 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. X X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 James Edwards part year President 161720 0 0 0 5397 0 41307 0 39012 0 247436 0 0 0 Charles E Staley Special Asst President 144933 0 0 0 0 0 6659 0 19839 0 171431 0 0 0 Terry Truitt Dean, Falls School of Business 114513 0 0 0 0 0 4943 0 63170 0 182626 0 0 0 Part I, Line 1a Travel: Companion travel is allowed but reported as taxable compensation on the employee W-2. Discrestionary spending: Discretionary fund is available up to $7,500 for contributions to be made to charitable organizations on behalf of Anderson University. Housing Allowance: A campus residence is provided to the President in office for the convenience of the university and is not considered taxable income per the minister's housing allowance regulations - considering our president for this year is an ordained minister and his duties qualify him for these benefits. The housing allowance received was $25,100. Health or social club dues: Local country club membership provided for the President's business use. Use for business purposes is not considered taxable income. A Indiana Health and Educational Facility Financing Authority 351611409 2005-07-05 1306440 Educational facilities capital 0 0 0 B City of Anderson Indiana 356000939 033887CT5 2007-02-27 47587630 Remodel/repair/capital projects/bond defeasance for 12/30/98 & 5/23/01 issue 0 0 0 C City of Anderson Indiana 356000939 2014-12-16 5189160 Purchase of residence hall 0 0 0 A 1152671 1337536 4349 26000 1276091 2007 0 0 1 1 B 6860000 48710396 3639335 526249 17348625 496160 22718221 5975000 2009 0 1 1 1 C 50000 5189160 12170 103100 5073890 2014 0 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 1 0 0 0 0 0 1 B 0 0 0 1 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 is greater than the issue price for the bonds due to the inclusion of investment earnings. Robert Coffman Officer Promissory Note X 125000 125000 0 1 1 125000 25445 Tuition assistance Tuition discount Vivian Coffman Family of officer 20715 Compensation 0 X 1 934 Fair market value X 12 222326 Fair market value X 1 4627500 Fair market value X 20 4806 Fair market value X Life estate interest 1 126864 Fair market value X Office supplies/equipment 7 56949 Fair market value X Organ, Violin 2 4550 Fair market value X Gift cards/travel expenses 6 731 Fair market value 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 by the University's Controller, Vice President for Finance, 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 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 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 employee'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 -42,657. Asset valuation adjustment -3,351,800. 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 4230232 9021481 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 Orangehaus Records Inc 1100 E 5th Street Anderson IN 46012 201675766 Provide University students with experience in music recording IN 501(c)(3) 7 Anderson University 0 HWH Business LP 216 Summerlake Circle Anderson IN 46011 352084392 Real estate IN Anderson University Excluded -55054 1828623 0 0 0.91000 Charitable Remainder Unitrust (24) Trust IN Anderson University 0 Revocable Trust (1) Trust IN Anderson University 0 Charitable Remainder Annuity Trust (1) Trust IN Anderson University 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