2016-02-11T14:00:13-06:00 2015-06-30 MALONEY NOVOTNY LLC 1111 SUPERIOR AVENUE SUITE 700 CLEVELAND OH 44114 990 2014-07-01 314379435 CAPITAL UNIVERSITY % TONI STREIT CAPI 6142366813 1 COLLEGE AND MAIN COLUMBUS OH 432092394 MICHAEL HORAN VP-BUSINESS & FINANCE;TREASURER 6142366292 2016-02-11 true CHRISTOPHER B ANDERSON P00226559 2163630100 2014 2016-08-17 19:52:53Z DENVY A BOWMAN 1 COLLEGE AND MAIN COLUMBUS OH 43209 126228597 false X WWW.CAPITAL.EDU X 1830 OH TRANSFORMING LIVES THROUGH HIGHER EDUCA- TION AND PROVIDING PERSONAL GROWTH BY ENCOURAGING, ENABLING AND CEL- EBRATING LEARNING; PREPARE INDIVIDUALS TO BE (CONTINUED ON SCH. O) 36 32 1956 35 3113 0 6276781 6475702 111700105 110117049 7325875 6432348 55063 14026 125357824 123039125 44355683 46957856 0 0 47561551 44113952 0 0 1836031 28202182 26786674 120119416 117858482 5238408 5180643 226694843 223264480 49559037 49248318 177135806 174016162 X TRANSFORMING LIVES THROUGH HIGHER EDUCATION AND PROVIDING PERSONAL GROWTH BY ENCOURAGING, ENABLING AND CELEBRATING LEARNING; PREPARE INDIVIDUALS TO BE KNOWLEDGEABLE, INDEPENDENT, CRITICAL THINKERS; INSPIRE INDIVIDUALS TO BE MORALLY REFLECTIVE, SPIRITUALLY ALIVE AND CIVICALLY ENGAGED. false false 74027326 43387705 78351257 CAPITAL UNIVERSITY PROVIDES ACADEMIC OPPORTUNITIES TO 2,700 STUDENTS IN ITS UNDERGRADUATE PROGRAMS. THE UNIVERSITY OFFERS FOUR UNDERGRADUATE DEGREES WITH MORE THAN 70 MAJORS, TAUGHT BY APPROXIMATELY 160 FULL-TIME GRADUATE AND UNDERGRADUATE FACULTY. MORE THAN 2,200 STUDENTS RECEIVE INSTITUTIONAL FINANCIAL ASSISTANCE IN THE FORM OF SCHOLARSHIPS AND GRANTS. SINCE CAPITAL IS IN A METROPOLITAN SETTING IN THE COLUMBUS SUBURB OF BEXLEY, STUDENTS ENJOY MANY ACADEMIC, CULTURAL, RECREATIONAL AND SOCIAL ACTIVITIES. THE ACADEMIC EXPERIENCE AT CAPITAL INCLUDES A RICH VARIETY OF INTERNSHIPS AND EDUCATIONAL OPPORTUNITIES FOR STUDENTS IN COOPERATION WITH NATIONAL CORPORATIONS, HEALTH AND NON-PROFIT AGENCIES AND GOVERNMENTAL OFFICES. 18524040 14395018 PUBLIC SERVICE AND INSTITUTIONAL SUPPORT. 16212470 3570151 17455651 CAPITAL UNIVERSITY PROVIDES ACADEMIC OPPORTUNITIES TO 750 STUDENTS IN ITS GRADUATE DEGREE PROGRAMS. THE UNIVERSITY OFFERS EIGHT GRADUATE DEGREES IN LAW, TAXATION, BUSINESS, NURSING AND MUSIC. MORE THAN 300 GRADUATE STUDENTS RECEIVE INSTITUTIONAL FINANCIAL ASSISTANCE IN THE FORM OF SCHOLARSHIPS AND GRANTS. IN ADDITION TO THE GRADUATE PROGRAMS HOUSED ON THE MAIN CAMPUS IN THE SUBURB OF BEXLEY, THE CAPITAL UNIVERSITY LAW SCHOOL IS LOCATED IN DOWNTOWN COLUMBUS, PROVIDING STUDENTS THE PROSPECT OF ENHANCING THEIR EDUCATION THROUGH INTERNSHIPS AND OTHER OPPORTUNITIES WITH FEDERAL, STATE AND COUNTY AGENCIES AND WITH LAW FIRMS IN OHIO'S CAPITAL CITY. 108763836 true true false false false false false true false true true true false false true true true false true false true false true false true false false false true true true false false false false false false true false false false true false false false false true false false false true 5211 0 true 1956 true true true false false false false false false false false false X 36 32 false false false false false false false true true false false true true true true true true true true false X TONI STREIT 6142366292 1 COLLEGE AND MAIN COLUMBUS OH 432092394 Michelle Adams Trustee 2.0 0.0 X 0 0 0 Mike Crane Trustee 2.0 0.0 X 0 0 0 Dan Creekmur Trustee 2.0 0.0 X 0 0 0 Suzanne Dillahunt Trustee 2.0 0.0 X 0 0 0 Denny Freudeman Trustee 2.0 0.0 X 0 0 0 Bonnie Gerber Trustee 2.0 0.0 X 0 0 0 Bill Haueisen Chair 2.0 0.0 X X 0 0 0 James Havens Trustee 2.0 0.0 X 0 0 0 Todd Henry Trustee 2.0 0.0 X 0 0 0 Susan Jablonski Trustee 2.0 0.0 X 0 0 0 Belinda Jones Trustee 2.0 0.0 X 0 0 0 Jean Kohler Trustee 2.0 0.0 X 0 0 0 Michael Lancaster Trustee 2.0 0.0 X 0 0 0 Ann Leak Trustee 2.0 0.0 X 0 0 0 Richard Lombardi Trustee 2.0 0.0 X 0 0 0 Ted Long Trustee 2.0 0.0 X 0 0 0 Lee Anne Lowman Trustee 2.0 0.0 X 0 0 0 Carol McWilliams Trustee 2.0 0.0 X 0 0 0 Bernie Ostrowski Vice Chair 2.0 0.0 X X 0 0 0 John Phillips Secretary 2.0 0.0 X X 0 0 0 Andre Porter Trustee 2.0 0.0 X 0 0 0 Jacqueline Primeau Trustee 2.0 0.0 X 0 0 0 Gary Qualmann Trustee 2.0 0.0 X 0 0 0 Harry Raduege Trustee 2.0 0.0 X 0 0 0 Donna Smith Trustee 2.0 0.0 X 0 0 0 Ron St Pierre Trustee 2.0 0.0 X 0 0 0 W Curtis Stitt Trustee 2.0 0.0 X 0 0 0 EJ Thomas Trustee 2.0 0.0 X 0 0 0 Patsy Thomas Trustee 2.0 0.0 X 0 0 0 John Walker Trustee 2.0 0.0 X 0 0 0 Dick Williams Trustee 2.0 0.0 X 0 0 0 Kathy Wolfgram Trustee 2.0 0.0 X 0 0 0 Moritz Ziegler Trustee 2.0 0.0 X 0 0 0 Richard Hartmann Trustee 2.0 0.0 X 0 0 0 Steve Wachtman Trustee 2.0 0.0 X 0 0 0 June Fryman Trustee 2.0 0.0 X 0 0 0 Denvy Bowman President 50.0 0.0 X X 367000 0 33155 Rich Ashbrook Provost&VP-Acad.&Student Affai 50.0 0.0 X 225254 0 41997 Tanya Poteet Asst.Secretary/Univ.Counsel 50.0 0.0 X 181607 0 33766 Kevin Sayers EVP Planning & Advancement 50.0 0.0 X 228466 0 45041 Michael Horan VP-Bus.&Finance;Treasurer 50.0 0.0 X 45821 0 6723 Lori McKirnan Asst.Treasurer 50.0 0.0 X 29958 0 7329 Susan Tate VP-Bus.&Fin.;Treasurer 50.0 0.0 X 203215 0 14749 Rachel Janutis Interim Dean of Law School 50.0 0.0 X 179690 0 30458 Richard Simpson Dean of Law School 50.0 0.0 X 147085 0 21747 Dan Turack Faculty 50.0 0.0 X 193608 0 36582 Mark Brown Faculty 50.0 0.0 X 193552 0 31719 Jack Guttenberg Faculty 50.0 0.0 X 191875 0 36462 Mark Strasser Faculty 50.0 0.0 X 183162 0 40283 Santon Darling Faculty 50.0 0.0 X 178294 0 35147 Betty Lovelace Former Assoc.VP-Acad.&Stu.Aff. 50.0 0.0 X 162721 0 23310 2711308 0 438468 39 true true false PARKHURST DINING SERVICES PO BOX 644091 PITTSBURGH PA 15264 DINING/FOOD SERVICE 3376599 AETNA BUILDING MAINTENANCE PO BOX 636290 CINCINNATI OH 45263 CUSTODIAL SERVICES 1665682 FARBER CORPORATION 800 EAST 12TH AVE COLUMBUS OH 43211 PLUMBING SERVICES 847410 LINCOLN CONSTRUCTION INC 4790 SHUSTER ROAD COLUMBUS OH 43214 CONSTRUCTION 646298 BAESMAN GROUP INC 4477 REYNOLDS DRIVE HILLIARD OH 43026 PRINTING SERVICES 376523 16 16345 1202912 5256445 133815 6475702 EDUCATIONAL PROGRAMS-UNDERGRAD. 611710 78351257 78351257 EDUCATIONAL PROGRAMS-GRADUATE 611710 17455650 17455650 AUXILIARIES 611710 13491516 13491516 GENERAL EDUCATIONAL PROGRAMS 611710 714003 714003 BOOKSTORE REVENUE 451211 104623 104623 110117049 2369464 3113 2366351 0 0 164003 231225 -67222 0 -67222 -67222 7016822 2953938 4062884 4062884 4062884 680 16345 4309 -3629 -3629 0 0 MISCELLANEOUS REVENUE 611710 84877 84877 84877 123039125 110201926 3113 6358384 0 46853230 46853230 104626 104626 0 1281320 1153188 128132 0 31377256 27276276 3030697 1070283 2393335 2070257 230029 93049 6874295 5970135 663348 240812 2187746 1902855 211428 73463 0 12668 12668 63412 63412 0 0 352545 352545 7514862 6671346 741261 102255 540403 484293 53810 2300 2854514 2469966 274441 110107 1171043 1053939 117104 0 3172111 2854900 317211 1083046 879429 97714 105903 0 1488867 1305907 145101 37859 331308 298177 33131 0 7107927 6397134 710793 557630 501867 55763 ALLOWANCE FOR DOUBTFUL ACCTS. 336063 336063 OTHER INDIRECT COSTS 200275 180248 20027 117858482 108763836 7258615 1836031 0 0 16489925 16320637 564842 2063542 0 0 0 0 0 0 7741511 7494033 63529 71927 1222800 1200009 190939039 90459342 102115028 100479697 80236160 77524405 12003149 11913430 0 0 0 0 6257899 6196800 226694843 223264480 8680148 8638231 0 0 3120005 3257228 29425000 28490600 0 0 0 0 103800 73967 0 0 8230084 8788292 49559037 49248318 X 112436906 108656967 21843943 19829433 42854957 45529762 177135806 174016162 226694843 223264480 X 5180643 -7155049 -1145238 X false true X true true true X 5017805 5502365 4725342 6276781 6475702 27997995 0 0 5017805 5502365 4725342 6276781 6475702 27997995 3350150 24647845 2038112 2879131 2370275 2630140 2530354 12448012 2053 3113 5166 850 5554 5020 5880 680 17984 40469157 547943802 0.60905 0.60860 X SEC. 509(A)(1) PUBLIC SUPPORT TEST - PART II: THE UNIVERSITY HAS COMPLETED PART II TO DEMONSTRATE THAT IT PASSES THE RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1653988 0 0 X X X false 74332891 2864728 -669823 1800593 963581 249570 73514052 65904126 1189464 10087855 1691304 916898 240352 74332891 60643137 1145041 6775100 1557511 869667 231974 65904126 61948819 1037798 278487 1131776 1268652 221539 60643137 53014827 1431755 10273162 1215854 1327022 228049 61948819 0.22096 0.61054 0.16851 true false 11417442 11417442 86890187 44578273 42311914 33081159 12533485 20547674 45241109 28677609 16563500 14309142 4669975 9639167 100479697 REAL ESTATE 13701 C HEDGE FUNDS 7431877 F PRIVATE EQUITY FUNDS 4467852 F 11913430 0 AGENCY FUNDS HELD FOR OTHERS 197024 ADVANCES FROM GOVT-STUDENT LOANS 5920081 ANNUITIES PAYABLE 914051 POSTRETIREMENT BENEFIT OBLIGATIONS 1757136 8788292 X 67998702 -7155049 -413311 -7568360 75567062 352545 47119518 47472063 123039125 71118346 231225 231225 70887121 352545 46618816 46971361 117858482 PART III, LINE 4 - DESCRIPTION OF ART COLLECTIONS: THE COLLECTION CONSISTS OF A WIDE-RANGE OF ARTWORK COVERING MORE THAN 2,000 YEARS FROM MANY CULTURES AND MEDIUMS. THE MISSION OF THE GALLERY IS TO PROMOTE USE AS AN INTEGRAL PART OF THE TEACHING MISSION OF THE UNIVERSITY AND TO CONTRIBUTE TO INTELLECTUALLY STIMULATING, CREATIVE CULTURE ENVIRONMENT FOR THE UNIVERSITY AND COMMUNITY. PART V, LINE 4 - INTENDED USE OF ENDOWMENT FUNDS: ENDOWMENT FUNDS PROVIDE SUPPORT FOR STUDENT SCHOLARSHIPS, SUPPORT FOR GENERAL OPERATIONS, AND SUPPORT FOR SPECIFIC PROGRAMS IDENTIFIED BY DONORS. PART X, LINE 2 - FIN 48 (ASC 740) FOOTNOTE: THE INTERNAL REVENUE SERVICE HAS RULED THAT CAPITAL UNIVERSITY IS A TAX-EXEMPT EDUCATIONAL INSTITUTION UNDER SECTION 501(a) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(c)(3). ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PRESCRIBE RECOGNITION THRESHOLDS AND MEASUREMENT ATTRIBUTES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TAX BENEFITS WILL BE RECOGNIZED ONLY IF A TAX POSITION IS MORE-LIKELY-THAN-NOT SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED WILL BE THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT WILL BE RECORDED. MANAGEMENT HAS CONCLUDED THAT THEY ARE UNAWARE OF ANY TAX BENEFITS OR LIABILITIES TO BE RECOGNIZED AT JUNE 30, 2015 OR 2014. THE UNIVERSITY WOULD RECOGNIZE INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST AND INCOME TAX EXPENSE, RESPECTIVELY. THE UNIVERSITY HAS NO AMOUNTS ACCRUED FOR INTEREST OR PENALTIES FOR THE YEAR ENDED JUNE 30, 2015 OR 2014. THE UNIVERSITY IS NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE 2012. THE UNIVERSITY DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. PART XI, LINE 2D - OTHER CHANGES IN REVENUE: RENTAL EXPENSES NETTED WITH REVENUE ON FORM 990, PART VIII, LINE 6: $231,225; POST-RETIREMENT BENEFIT OBLIGATION RELATED CHANGES OTHER THAN PERIODIC COSTS: ($644,536); TOTAL ADJUSTMENT: ($413,311) PART XI, LINE 4B - OTHER CHANGES IN REVENUE: STUDENT FINANCIAL AID EXPENSE: $46,618,816; ACTUARIAL CHANGE IN ANNUITY LIABILITY: $477,511; NET LOSS ON UNCOLLECTIBLE PLEDGES: $23,191; TOTAL ADJUSTMENT: $47,119,518 PART XII, LINE 2D - OTHER CHANGES IN EXPENSES: RENTAL EXPENSES NETTED WITH REVENUE ON FORM 990, PART VIII, LINE 6: $231,225 PART XII, LINE 4B - OTHER CHANGES IN EXPENSES: STUDENT FINANCIAL AID EXPENSE: $46,618,816 true true true true true true true false false false false false false false false true false true PART I, LINE 3 - PUBLICATION OF RACIALLY NON-DISCRIMINATORY POLICY: NON-DISCRIMINATORY LANGUAGE IS PUBLISHED IN THE ADMISSION VIEW BOOK, THE VARIOUS STUDENT BULLETINS, AND IN ALL MAJOR UNIVERSITY PUBLICATIONS AIMED TO THE STUDENT/PARENT AUDIENCE. PART I, LINE 6A - FINANCIAL AID FROM A GOVERNMENTAL AGENCY: THE UNIVERSITY RECEIVES FINANCIAL ASSISTANCE FROM THE U.S. GOVERNMENT IN CONNECTION WITH PERKINS STUDENT LOANS, NURSING STUDENT LOANS, COLLEGE WORK-STUDY, PELL GRANTS AND SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAMS. CAPITAL UNIVERSITY ALSO RECEIVES SUPPORT FROM THE STATE OF OHIO FOR SIMILAR AID PROGRAMS. true Central America and the Caribbean 0 0 Investments 11899729 Central America and the Caribbean 0 0 Program Services STUDY ABROAD 9050 Central America and the Caribbean 0 0 Program Services TRAVEL AND RESEARCH 7503 East Asia and the Pacific 0 0 Program Services TRAVEL AND RESEARCH 2162 Europe (Including Iceland and Greenland) 0 0 Program Services STUDY ABROAD 95576 Europe (Including Iceland and Greenland) 0 0 Program Services TRAVEL AND RESEARCH 13927 Middle East and North Africa 0 0 Program Services TRAVEL AND RESEARCH 4251 North America 0 0 Program Services TRAVEL AND RESEARCH 6067 Russia and the Newly Independent States 0 0 Program Services TRAVEL AND RESEARCH 2394 0 0 0 0 12040659 12040659 FINANCIAL AID FOR STUDY ABROAD PROGRAMS Central America and the Caribbean 1 9050 CHECK FINANCIAL AID FOR STUDY ABROAD PROGRAMS Europe (Including Iceland and Greenland) 8 95576 CHECK true false true true false false PART I, LINE 2 - MONITORING USE OF GRANT FUNDS: ALL STUDENTS ELECTING TO PARTICIPATE IN A STUDY ABROAD PROGRAM ARE AWARDED FINANCIAL AID GRANTS AND OTHER AID BASED ON THE COST OF ATTENDANCE AND FEDERAL NEED CALCULATIONS. ALL GRANTS FUNDS TO SUPPORT THESE STUDENTS ARE REMITTED DIRECTLY TO THE HOST INSTITUTION TO BE APPLIED TO THE STUDENTS' PROGRAM CHARGES. PART I, LINE 3 - METHOD OF ACCOUNTING FOR EXPENDITURES: THE UNIVERSITY USES THE ACCRUAL METHOD OF ACCOUNTING IN REPORTING THE EXPENDITURES IN PART I, LINE 3 FOR ALL REGIONS. D.WHITE RECEPT. 12130 11710 420 275 BROCKER RECEPT. 4895 4635 260 4034 0 17025 16345 680 4309 4309 -3629 true ENDOWED SCHOLARSHIPS - UNDERGRADUATE 478 1134851 INSTITUTIONAL RESTR.SCHOLARSHIPS-UNDERGRADUATE 66 128884 MUSIC SCHOLARSHIPS - UNDERGRADUATE 167 2983424 COLLEGIATE FELLOWSHIP AWARDS - UNDERGRADUATE 43 1314930 PRESIDENTIAL SCHOLARSHIPS - UNDERGRADUATE 1770 18246688 GRANT IN AID&OTHER INST.AID-UNDERGRADUATE 2124 19474302 ENDOWED SCHOLARSHIPS - GRADUATE 35 129617 INSTITUTIONAL RESTR.SCHOLARSHIPS - GRADUATE 22 23207 GRANT IN AID&OTHER INST.AID-GRADUATE 253 3417327 PART I, LINE 2 - MONITORING USE OF GRANT FUNDS: THE UNIVERSITY AWARDS FINANCIAL AID GRANTS ONLY TO ENROLLED STUDENTS. GRANTS ARE CREDITED TO THE RECIPIENTS' ACCOUNTS FOR TUITION, FEES, ROOM AND BOARD. X X X true true X X X true false false false false false false false false Denvy Bowman President 324718 0 0 0 42282 0 23400 0 9755 0 400155 0 0 0 Rich Ashbrook Provost&VP-Acad.&Student Affai 221584 0 0 0 3670 0 20635 0 21362 0 267251 0 0 0 Tanya Poteet Asst.Secretary/Univ.Counsel 179484 0 0 0 2123 0 16304 0 17462 0 215373 0 0 0 Kevin Sayers EVP Planning & Advancement 219718 0 0 0 8748 0 20440 0 24601 0 273507 0 0 0 Rachel Janutis Interim Dean of Law School 177780 0 0 0 1910 0 16259 0 14199 0 210148 0 0 0 Dan Turack Faculty 190988 0 0 0 2620 0 17803 0 18779 0 230190 0 0 0 Mark Brown Faculty 191799 0 0 0 1753 0 17520 0 14199 0 225271 0 0 0 Jack Guttenberg Faculty 189153 0 0 0 2722 0 17683 0 18779 0 228337 0 0 0 Mark Strasser Faculty 181561 0 0 0 1601 0 16184 0 24099 0 223445 0 0 0 Santon Darling Faculty 174545 0 0 0 3749 0 16368 0 18779 0 213441 0 0 0 Susan Tate VP-Bus.&Fin.;Treasurer 92561 0 0 0 110654 0 9604 0 5145 0 217964 0 0 0 Richard Simpson Dean of Law School 126560 0 0 0 20525 0 13017 0 8730 0 168832 0 0 0 Betty Lovelace Former Assoc.VP-Acad.&Stu.Aff. 145035 0 0 0 17686 0 14413 0 8897 0 186031 0 0 0 BENEFITS OFFERED TO CERTAIN EMPLOYEES - PART I, LINE 1A: TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: THE PRESIDENT OF THE UNIVERSITY, DENVY BOWMAN, RECEIVES AN AUTOMOBILE AND PHONE ALLOWANCE. OFFICERS, FORMER OFFICERS, OR KEY EMPLOYEES WHO RECEIVE A PHONE ALLOWANCE INCLUDE RICHARD ASHBROOK, MICHAEL HORAN, RACHEL JANUTIS, TANYA POTEET, KEVIN SAYERS, RICHARD SIMPSON, BETTY LOVELACE, AND SUSAN TATE. ALL ALLOWANCES ARE TREATED AS TAXABLE COMPENSATION ARE ARE GROSSED-UP PAYMENTS. HOUSING ALLOWANCE: THE PRESIDENT OF THE UNIVERSITY RECEIVES A HOUSING ALLOWANCE. THIS ALLOWANCE IS TREATED AS TAXABLE COMPENSATION. HEALTH OR SOCIAL CLUB DUES: THE UNIVERSITY PROVIDES A SOCIAL CLUB MEMBERSHIP TO THE PRESIDENT. THIS PROVIDES A FACILITY FOR HOSTING UNIVERSITY-RELATED EVENTS AND, AS SUCH, IS NOT TREATED AS TAXABLE COMPENSATION SINCE IT IS USED STRICTLY FOR BUSINESS PURPOSES. THE FORMER EXECUTIVE VICE PRESIDENT OF THE UNIVERSITY RECEIVED A MONTHLY CLUB ALLOWANCE. IT WAS TREATED AS TAXABLE COMPENSATION AND WAS A GROSSED-UP PAYMENT. SEVERANCE PAYMENTS - PART I, LINE 4A: A VICE PRESIDENT RECEIVED A SEVERANCE PAYMENT OF $97,500. A OHIO HIGHER EDUCATIONAL FACILITIES COMMISSION 346849674 2013-04-26 3970000 REPAYMENT OF LOAN ON CAP.UNIV.APAR false false false B OHIO HIGHER EDUCATIONAL FACILITIES COMMISSION 346849674 2015-05-27 30780000 CONSTRUCTION AND PAY-OFF OF 2006 B false false false A 260000 0 3970000 0 0 3908817 0 0 61183 0 0 0 true false true true B 0 0 24780600 0 0 0 95600 0 0 0 24685000 5999400 true false false true A false false false false 0.00000 0.00000 0.00000 false false 0.00000 false true B false true false false 0.00000 0.00000 0.00000 false false false true A false false false false true false 0 false 0 false true B false true false false true true PNC BANK 7. false false false 0 false true A true B true SEE PART V 34999 TUITION GRANTS EDUCATION ASSISTANCE SEE PART V 30200 TUITION GRANTS EDUCATION ASSISTANCE SEE PART V 30400 TUITION GRANTS EDUCATION ASSISTANCE PART III - GRANTS BENEFITING INTERESTED PERSONS: EDUCATIONAL ORGANIZATIONS ARE NOT REQUIRED TO IDENTIFY INTERESTED PERSONS TO WHOM THEY PROVIDED SCHOLARSHIPS, FELLOWSHIPS, AND SIMILAR FINANCIAL ASSISTANCE PURSUANT TO THE INSTRUCTIONS FOR FORM 990, SCHEDULE L. AS SUCH, COLUMNS (A) AND (B) HAVE BEEN LEFT BLANK IN PART III. X 11 112392 MARKET VALUE X GIFT CARDS,CERTIF.,MERCH. 15 1405 COST X CONSULTING SERVICES 1 3000 MARKET VALUE X TRAVEL COSTS 19 17018 COST 0 false true true PART I, LINE 32B - USE OF THIRD PARTIES: THE UNIVERSITY USES SECURITIES BROKERS TO SELL DONATED SECURITIES. THE FEES PAID TO THE BROKERS ARE AT OR BELOW FAIR MARKET VALUE. FORM 990, PART I, LINE 1 - MISSION DESCRIPTION: (CONTINUED FROM FORM 990, PART I, LINE 1) CRITICAL THINKERS; INSPIRE INDIVIDUALS TO BE MORALLY REFLECTIVE. FORM 990, PART VI, LINE 1A - DELEGATION OF BROAD AUTHORITY TO A COMMITTEE: PER THE UNIVERSITY'S BYLAWS, ARTICLE XVI, SECTION 2 (IN PART), THE EXECUTIVE COMMITTEE SHALL HAVE THE AUTHORITY TO ACT FOR THE BOARD OF TRUSTEES ON ALL MATTERS EXCEPT FOR THE FOLLOWING, WHICH SHALL BE RESERVED FOR THE BOARD: PRESIDENTIAL SELECTION AND TERMINATION; TRUSTEE AND BOARD-OFFICER ELECTION; CHANGES IN INSTITUTIONAL MISSION AND PURPOSES; CHANGES TO THE CHARTER OR ARTICLES OF INCORPORATION; INCURRING OF CORPORATE INDEBTEDNESS; SALE OF UNIVERSITY ASSETS OR TANGIBLE PROPERTY; ADOPTION OF THE ANNUAL BUDGET; AND CONFERRAL OF DEGREES. THE EXECUTIVE COMMITTEE SHALL REPORT ANY ACTION IT TAKES TO THE BOARD. THESE BYLAWS OR OTHER BOARD POLICIES MAY RESERVE OTHER POWERS FOR THE BOARD OF TRUSTEES. IN ADDITION TO ITS AUTHORITY TO TAKE ACTION ON EMERGENCY MATTERS THAT CANNOT OR SHOULD NOT BE DEFERRED TO THE BOARD'S NEXT SCHEDULED MEETING, THE EXECUTIVE COMMITTEE SHALL OVERSEE THE WORK OF BOARD COMMITTEES AND THE UNIVERSITY'S PLANNING PROCESS AND PROGRESS ON PLANNING GOALS. FORM 990, PART VI, LINE 11B - REVIEW OF FORM 990: FORM 990 IS REVIEWED BY MANAGEMENT AND PRESENTED TO THE MEMBERS OF THE AUDIT COMMITTEE BY THE OUTSIDE PUBLIC ACCOUNTING FIRM ON JANUARY 27, 2016. AFTER THE REVIEW BY THE AUDIT COMMITTEE, EACH BOARD MEMBER IS PROVIDED A FULL COPY OF THE RETURN PRIOR TO ITS ELECTRONIC FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990,PART VI,LINE 12C - MONITORING AND ENFORCEMENT OF CONFLICT POLICY: THE CONFLICT OF INTEREST POLICY COVERS TRUSTEES AND OFFICERS (ALL UNIVERSITY OFFICERS, KEY EMPLOYEES, AND BUDGET MANAGERS). THE POLICY REQUIRES TRUSTEES AND OFFICERS TO ACT IN THE BEST INTERESTS OF THE UNIVERSITY, SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY, AND FULLY DISCLOSE ANY CONFLICT. POTENTIAL CONFLICTS ARE REVIEWED AT THE LEVEL OF THE GOVERNANCE COMMITTEE OF THE BOARD OF TRUSTEES, WHICH MAY CONSULT WITH OTHER COMMITTEES OF THE BOARD IF NECESSARY. IF A CONFLICT EXISTS, THE PERSON WITH THE CONFLICT MUST ABSTAIN FROM INFLUENCING, DELIBERATING OR VOTING ON THE MATTER, AND THE ACTION OR TRANSACTION MUST BE DOCUMENTED AS BEING CLEARLY IN THE BEST INTEREST OF THE UNIVERSITY. FORM 990, PART VI, LINE 15A - COMPENSATION REVIEW OF TOP MGMT.OFFICIAL: THE COMPENSATION COMMITTEE OF THE BOARD REVIEWS THE PRESIDENT'S GOALS, ACCOMPLISHMENTS, AND EVALUATION OF PERFORMANCE. THE BOARD ALSO REFERENCES COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA-HR) DATA, EVANGELICAL LUTHERAN CHURCH OF AMERICA (ELCA) PRESIDENTIAL SURVEY AND OTHER SALARY SURVEYS FOR GUIDANCE ON SALARIES FOR LIKE INSTITUTIONS. THIS PROCESS IS FORMALLY DOCUMENTED AND WAS LAST UNDERTAKEN DURING THE CURRENT FISCAL YEAR-END. FORM 990, PART VI, LINE 15B - COMPENSATION REVIEW OF OTHER EMPLOYEES: THE COMPENSATION COMMITTEE OF THE BOARD REVIEWS FORMAL EVALUATIONS DONE BY THE PRESIDENT FOR ALL VICE-PRESIDENTS. THE COMMITTEE REVIEWS GOALS, ACCOMPLISHMENTS, THE PRESIDENT'S RECOMMENDATIONS, AND CUPA-HR SALARY SURBEY DATA TO DETERMINE THE APPROPRIATE SALARIES TO BE GIVEN. THE PROCESS IS FORMALLY DOCUMENTED AND WAS LAST UNDERTAKEN DURING THE CURRENT FISCAL YEAR-END. FORM 990, PART VI, LINE 19 - AVAILABILITY OF DOCUMENTS: A COPY OF THE AUDITED FINANCIAL STATEMENTS IS POSTED ON THE UNIVERSITY'S WEBSITE AS SOON AS APPROVED BY THE BOARD OF TRUSTEES. THE CONFLICT OF INTEREST POLICY IS POSTED ON THE HR HOMEPAGE. THE BYLAWS ARE POSTED ON THE HR HOMEPAGE AND THE UNIVERSITY'S WEB PAGE. NO OTHER DOCUMENTS ARE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9 - OTHER CHANGES IN NET ASSETS: POSTRETIREMENT BENEFIT OBLIGATION ADJUSTMENT: ($644,536); ACTUARIAL CHANGE IN ANNUITY LIABILITY AND MATURITIES: ($477,511); NET LOSS ON UNCOLLECTIBLE PLEDGES: ($23,191); TOTAL ADJUSTMENT: ($1,145,238) CHARITABLE REMAINDER TRUSTS (5) INVESTMENTS OH NA TRUST false false false false false false false false false false false false false false false false false false false