2016-04-25T03:13:36-00:00 2015-06-30 990 2014-07-01 620476301 Rhodes College RHOD 9018433760 2000 North Parkway Memphis TN 381121690 Kyle Webb Assoc VP FinanceComptroller 9018433760 2016-04-25 false 2014 2016-08-17 19:52:53Z William E Troutt 2000 North Parkway Memphis TN 38112 140159399 false X www.rhodes.edu X TN Rhodes is a national, four-year, private, coeducational, residential college committed to the Liberal Arts and Sciences. 28 28 1842 963 130093 20428517 20369188 97378692 102082677 3033494 3647466 48177661 14060068 169018364 140159399 40450785 42792846 0 43369701 45176705 0 2565058 32970043 34948414 116790529 122917965 52227835 17241434 548663584 591325471 85207521 108467854 463456063 482857617 X Rhodes College, a College of Liberal Arts, aspires to graduate students with a life-long passion for learning, compassion for others, and the ability to tranlate academic study and personal concern into effective leadership and action in their communities and the world. false false 31654924 83931020 Academic instruction serving 2020 students 42792846 1596532 Student Financial Aid consisting of 1 Financial Aid Program 2 Honorary Scholarhip and Fellowship Program 16101150 873133 Student services expenses which include activities that contribute to the students well-being and development beyond the academic program. Included in student services expenses are the Chaplains Office, Career Services, Campus Safety, Athletics, Admissions, Registrar, Student Government, etc. 21370828 15681992 111919748 true true false false false false false true false true true true false false true true true false true false true false true false false false false false true true true false false false false false false true false false false true false false false true false false false false false true 2346 0 true 1842 true true true true UK false false false false false false false false false false false X 28 28 false false false false false false false true true false false true true true true true true true true false TN X Kyle Webb Assoc VP FinanceComptroll 9018433760 2000 North Parkway Memphis TN 381121690 Barker John J Trustee 002.00 X 0 0 0 Brown Susan E Trustee 002.00 X 0 0 0 Butler C Williams Trustee 002.00 X 0 0 0 Craddock Deborah L Trustee 002.00 X 0 0 0 Crain Rogers L Trustee 002.00 X 0 0 0 Crosby Margaret T Trustee 002.00 X 0 0 0 Eckels Laila A Trustee 002.00 X 0 0 0 Farahani Maria C Trustee 002.00 X 0 0 0 Fowler M Cary Trustee 002.00 X 0 0 0 Hatzenbuehler Daniel B Trustee 002.00 X 0 0 0 Henkel Frances C Trustee 002.00 X 0 0 0 Hill Wilton D Trustee 002.00 X 0 0 0 Howe R Davis Trustee 002.00 X 0 0 0 Lainoff Steven R Trustee 002.00 X 0 0 0 McNeill Phillip H Trustee 002.00 X 0 0 0 Michaelcheck William J Trustee 002.00 X 0 0 0 Moore Johnny B Trustee 002.00 X 0 0 0 Palmer Vicki G Trustee 002.00 X 0 0 0 Pearce Elizabeth Trustee 002.00 X 0 0 0 Peters Gregory A Trustee 002.00 X 0 0 0 Rhea Randall R Trustee 002.00 X 0 0 0 Rhodes William C Trustee 002.00 X 0 0 0 Robertson Charles W Trustee 002.00 X 0 0 0 Rollins Arthur W Trustee 002.00 X 0 0 0 Saberioon Ali Trustee 002.00 X 0 0 0 Sanders W Reid Trustee 002.00 X 0 0 0 Waller Robert R Trustee 002.00 X 0 0 0 Wilson Spence L Trustee 002.00 X 0 0 0 Boone James A VP for Fin Business Affaris 037.50 X 264121 0 53119 Casey Carol E Dean of Students 037.50 X 150880 0 26375 Johnson Robert M VP for Student Info Services 037.50 X 234692 0 34530 Mattson Michelle Assoc Dean of Acad Affairs 037.50 X 119891 0 13071 Moreland Milton Interim Dean Faculty VP Acad Affairs 037.50 X 146323 0 76439 Richey Melody K Exec Asst to President 037.50 X 188113 0 45237 Thompson J Carey VP Enrollment Comm/Dean of Admissions 037.50 X 203100 0 33727 Troutt William E President 037.50 X 444001 0 51328 Wade Jennifer G VP for Development 037.50 X 179986 0 51081 Wigginton Russell T VP for College Relations 037.50 X 182842 0 38975 Foshee Brian E Dir of Physical Plant CESO 037.50 X 151728 0 79936 Nelson Michael C Professor 037.50 X 164710 0 37120 Planchon John M Professor 037.50 X 159432 0 34494 Jones Wanda L Assoc Compt/Dir of Acctng PR 037.50 X 109713 0 77295 Leslie Michael Professor/Dean of British Studies 037.50 X 350930 0 22684 Olsen John S Assoc Dean of Acad Affairs 037.50 X 291536 0 20411 3341998 695822 44 true true false Hanbury Evans Wright Vlattas Company 120 Atlantic St Norfolk VA 235101729 Contractor 1668397 Ernie Worley Landscaping Company 8965 N Gragg Rd Millington TN 380534844 Contractor 124500 Old World Floors LLC 3110 Stage Post Dr Ste 107 Bartlett TN 381334044 Contractor 122467 Johnson Controls Inc PO Box 905240 Charlotte NC 282905240 Contractor 108358 Ellucian Company LLC 62578 Collection Center Dr Chicago IL 606930625 Software Provider 100114 5 363760 20005428 3422428 20369188 Tuition and Fees 84057724 84057724 Auxiliary Enterprises 713940 15681992 15551899 130093 Other Income 2342961 2342961 102082677 3647466 3647466 Net realized/unrealized investment gains 14060068 14060068 14060068 140159399 101952584 130093 17707534 0 41841857 41841857 950989 950989 0 2673402 1099329 1332004 242069 0 33219766 28888858 2996004 1334904 2519843 2262277 114811 142755 4483214 3930180 293839 259195 2280480 2001853 145562 133065 0 90355 43749 46252 354 101025 15000 86025 0 64125 64125 134362 112546 21505 311 101212 12237 88975 2349471 2107800 105430 136241 902047 817959 62497 21591 0 2321501 2282309 39192 1326766 1184265 69183 73318 0 144034 144034 1823746 1769034 54712 0 7045019 6912035 132984 878013 837964 40049 Athletics, European Studies, British Studies 2592306 2592306 Board 4586171 4586171 Commencement, Homecoming, Special Events 572643 494969 77674 Faculty, Student, and Administrative Support 5584066 5485595 98471 4331552 1546432 2740010 45110 122917965 111919748 8433159 2565058 26059835 31180698 14596032 20787124 933938 1034120 2839809 2781895 966642 1175692 248493536 109773797 126576535 138719739 34685400 61064888 340176896 332524584 1828497 2056731 548663584 591325471 20195856 19392992 4225978 3569320 43665000 66479684 3715636 17120687 15310222 85207521 108467854 192784445 209358265 90992628 92860081 179678990 180639271 463456063 482857617 548663584 591325471 X 17241434 2160120 X false true X true true true X 0.00000 0.00000 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 529500 false 335078527 1520636 17808254 13174935 1144313 340088169 294366992 5366783 49204561 12668207 1191602 335078527 271509075 3465690 32420326 12180968 847131 294366992 283371967 1519318 -270740 12066032 1045438 271509075 252462322 534866 43197879 12190067 633033 283371967 0.27000 0.53000 0.20000 true false 1409026 1409026 193308883 81215928 112092955 26490862 19349027 7141835 27284765 9208842 18075923 138719739 Financial derivatives and other financial products Closely-held equity interests Funds of Funds - Long Equity 62603525 F Funds of Funds - Fixed Equity 1310579 F Hedged Equity 84960130 F Multistrategy 54972308 F Private Equity 45764209 F Distressed Debt 311432 F Private Real Asset Funds 18014608 F Privately Held Stock 55650 F US Govt Agency Bonds 12321107 F Corporate Bonds 13014255 F Publicly Traded Securities Held Administered by Outside Fiscal Agents 37896530 F Other 1300251 F 332524584 Federal income taxes Accrued Postretirement Benefits 13609000 Amounts Held in Custody for Others 254265 Refundable Government Advances 1446957 15310222 X 139948518 -210881 -210881 140159399 140159399 80125119 80125119 42792846 42792846 122917965 X 2 The College follows the guidance contained in Accounting Standard Codification ASC Topic 740-10-25, Accounting for Uncertainty in Income Taxes. ASC Topic 740-10-25 prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position taken or expected to be taken. Based upon its evaluation, the College concluded that there are no significant uncertain tax positions requiring recognition in its financial statements. XI 2d Change in value of charitable remainder trust agreements 210,881 XII 4b Student Financial Aid V 4 The College uses the endowment primarily to provide scholarships for students and to provide financial support for academic programming and faculty. The endowment also provides additions to the library collection and supports student programming. true true true true true true true false false false false false false false false true false true 6a Federal Financial Aid Funds true Central America and the Caribbean Program Services Faculty Conferences Research 2255 East Asia and the Pacific Program Services Faculty Conferences Research 16765 Europe Including Iceland and Greenland Program Services Faculty Conferences Research 44855 North America Program Services Faculty Conferences Research 21871 Middle East and North Africa Program Services Faculty Conferences Research 4576 Russia and the Neighboring States Program Services Faculty Conferences Research 4092 South America Program Services Faculty Conferences Research 5972 Sub-Saharan Africa Program Services Faculty Conferences Research 8023 Central America and the Caribbean Program Services International Recruiting 39 East Asia and the Pacific Program Services International Recruiting 14648 Europe Including Iceland and Greenland Program Services International Recruiting 4120 South America Program Services International Recruiting 1086 East Asia and the Pacific Program Services Student Intl Internships, Fellowships Research 22433 Europe Including Iceland and Greenland Program Services Student Intl Internships, Fellowships Research 92027 North America Program Services Student Intl Internships, Fellowships Research 2724 South America Program Services Student Intl Internships, Fellowships Research 34254 Sub-Saharan Africa Program Services Student Intl Internships, Fellowships Research 17868 Central America and the Caribbean Program Services Study Abroad Programs 46862 Europe Including Iceland and Greenland Program Services Study Abroad Programs 2228568 Sub-Saharan Africa Program Services Study Abroad Programs 35587 297608 2311017 2608625 Scholarships Awarded East Asia and the Pacific 34 743605 Tuition discount Scholarships Awarded Europe Including Iceland and Greenland 3 53000 Tuition discount Scholarships Awarded North America 3 91384 Tuition discount Scholarships Awarded South Asia 3 63000 Tuition discount false false false false false false Part I Activities include European Studies Program, British Studies at Oxford, and 5 week study abroad programs in Belgium, Namibia, Ecuador, and the United Kingdom. true Scholarships Awarded 1817 41841857 Academic and need-based scholarships Part III Line 1 The College has a professionally staffed financial aid office charged with the responsibility of ensuring that all recipients meet all eligibility criteria ensuring that the College is in compliance with all government regulations pertaining to financial aid. X true true X X X true true false false false false false false false Boone James A VP for Fin Business Affaris 252325 11796 30025 23094 317240 29424 Casey Carol E Dean of Students 150679 201 17438 8937 177255 16900 Johnson Robert M VP for Student Info Services 226956 7736 26576 7954 269222 25904 Moreland Milton Interim Dean Faculty VP Acad Affairs Richey Melody K Exec Asst to President 178101 10012 21426 23811 233350 20880 Olsen John S Assoc Dean of Acad Affairs 91199 200337 10599 9812 311947 14827 Thompson J Carey VP Enrollment Comm/Dean of Admissions 191428 11672 21273 12454 236827 20731 Troutt William E President 422334 21667 30284 21044 495329 29684 Wade Jennifer G VP for Development 173623 6363 21547 29534 231067 20994 Wigginton Russell T VP for College Relations 182574 268 21543 17432 221817 20994 Foshee Brian E Dir of Physical Plant CESO 151410 318 17816 62120 231664 17358 Nelson Michael C Professor 162820 1889 19311 17810 201830 18846 Planchon John M Professor 157919 1513 16060 18434 193926 15670 Jones Wanda L Assoc Compt/Dir of Acctng PR Leslie Michael Professor/Dean of British Studies 80864 270066 9202 13482 373614 Part I Line 1a Social club dues are provided for two officers. Part I Line 4a One officer and one highly compensated employee received a severance payment upon seperation. Part I Line 4b One officer participates in a deferred compensation plan. A The Health Educational and Housing Facility Bonds 2011 521283414 821697E70 2011-04-13 31991283 Construction of Dormitory and Refectory false false false B The Health Educational and Housing Facility Bonds 2015 521283414 2015-04-08 23796700 Construction of Science Building and Renovations false false false A 31991283 1601279 359758 30078954 2014 false false true true B 23796700 286758 1123693 22386249 false false true true A false false false false true false true B false false false false true false true A false true false false false false false false true B false true false false false false false false true Child of substantial contributor substantial contributor 10000 Scholarship Child of substantial contributor trustee and substantial contributor 7500 Scholarship Child of substantial contributor substantial contributor 18000 Scholarship Child of substantial contributor substantial contributor 7000 Scholarship Child of substantial contributor substantial contributor 7000 Scholarship Child of substantial contributor substantial contributor 9000 Scholarship Child of substantial contributor substantial contributor 15000 Scholarship Child of substantial contributor substantial contributor 20950 Scholarship Child of substantial contributor substantial contributor 8000 Scholarship Child of substantial contributor substantial contributor 18000 Scholarship Child of substantial contributor substantial contributor 13000 Scholarship Child of substantial contributor substantial contributor 15000 Scholarship Child of substantial contributor substantial contributor 9000 Scholarship Child of substantial contributor substantial contributor 7500 Scholarship Child of substantial contributor substantial contributor 3310 Scholarship Child of substantial contributor substantial contributor 26000 Scholarship Child of substantial contributor substantial contributor 16000 Scholarship Child of substantial contributor substantial contributor 16000 Scholarship Child of substantial contributor substantial contributor 18000 Scholarship Child of substantial contributor substantial contributor 20500 Scholarship Child of substantial contributor substantial contributor 8000 Scholarship Child of substantial contributor substantial contributor 2500 Scholarship Child of substantial contributor substantial contributor 11500 Scholarship X 460 Fair value at date received X 3406873 Fair value at date received X 2 851 Fair value at date received X Team Sports Support 7 5984 Fair value at date received X Donated Events 2 8260 Fair value at date received false true true Part I Line 32b The College uses a broker to sell gifts of securities received. Form 990, Part III, Line 4d Other Program Services include food services and residence halls, information technology, library services, and faculty research and development. Form 990, Part XI, Line 9 Other changes in net include 2,371,000 actuarial gain on postretirement benefit obligations and 210,881 decrease in value of chartiable remainder trust agreements. Form 990, Part VI, Section B, Line 11B The Audit Committee of the Board of Trustees has responsibility for approving the Form 990 prior to filing. Subsequent to approval of the Audit Committee, the Form 990 will be provided to the full Board before filing. Form 990, Part IV, Section B, Line 12c All Trustees, Officers, and key employees are required to annually sign Conflict of Interest statements that disclose potential conflicts or the absence thereof. The Vice President for Finance and Comptroller are charged with reviewing these statements as well as transactions and relationships involving Trustees, Officers, and key employees to ensure compliance with the Colleges conflict of interest policy. Form 990, Part VI, Section B, Line 15 The Human Resources Office has the responsiblity for monitoring internal equity and external competitiveness for all employees utilizing various higher education market data, benchmarks, and surveys. The President has final authority over salary adjustments or salary administration changes. The Executive Committee of the Board of Trustees is responsible for establishing and approving compensation for the President. The Executive Committee assesses the performance of the President and performs executive compensation analysis of peer institutions in determining the compensation level of the President. Form 990, Part VI, Section C, Line 19 The Colleges governing documents and conflict of interest policy are available to the public on the Colleges website. Financial Statements are available only upon request.