2015-12-14T11:50:16-06:00 2015-07-31 611129886 KELLEY GALLOWAY SMITH GOOLSBY PSC 1200 CORPORATE COURT PO BOX 990 ASHLAND KY 411050990 990 2014-08-01 610492351 ALICE LLOYD COLLEGE ALIC 6063682101 100 PURPOSE ROAD PIPPA PASSES KY 41844 DAVID JOHNSON V.P. BUSINESS AFFAIRS 6063682101 2015-12-08 true LORI F DEARFIELD CPA P00846508 6063291811 2015-12-14 2014 2016-03-07 17:11:31Z DAVID JOHNSON 100 PURPOSE ROAD PIPPA PASSES KY 41844 41644984 false X WWW.ALC.EDU X 1922 KY THE MISSION OF ALICE LLOYD COLLEGE IS TO PROVIDE MOUNTAIN STUDENTS A QUALITY CHARACTER-BASED EDUCATION, REGARDLESS OF THEIR FINANCIAL ABILITY, AND TO PREPARE THEM FOR LEADERSHIP AND SERVICE IN THE APPALACHIAN REGION. NO STUDENT HAS EVER BEEN TURNED AWAY BECAUSE OF AN INABILITY TO PAY. 21 21 272 215 0 8236606 16699504 9144381 9412346 2261610 1956155 73761 -717768 19716358 27350237 2042634 2031873 0 7117373 7458083 0 1333300 5495819 5450622 14655826 14940578 5060532 12409659 69687648 81891084 1634652 1964873 68052996 79926211 X THE MISSION OF ALICE LLOYD COLLEGE IS TO PROVIDE MOUNTAIN STUDENTS A QUALITY CHARACTER-BASED EDUCATION, REGARDLESS OF THEIR FINANCIAL ABILITY, AND TO PREPARE THEM FOR LEADERSHIP AND SERVICE IN THE APPALACHIAN REGION. NO STUDENT HAS EVER BEEN TURNED AWAY BECAUSE OF AN INABILITY TO PAY. false false 2467130 167137 INSTRUCTION ALICE LLOYD COLLEGE (ALC) HAS AN ENROLLMENT OF 616 STUDENTS FOR THE FALL 2015 SEMESTER. FULL-TIME STUDENTS FROM OUR 108-COUNTY SERVICE AREA (INCLUDES PARTS OF KY, OH, TN, VA, AND WV) ARE GUARANTEED ABSOLUTELY NO OUT OF POCKET COSTS FOR TUITION. ALC IS ONE OF ONLY SEVEN WORK COLLEGES IN THE NATION REQUIRING ALL FULL-TIME STUDENTS TO WORK AS A CONDITION FOR ENROLLMENT. EACH YEAR, THE COLLEGE SUPPORTS MANY ALUMNI AT GRADUATE AND PROFESSIONAL SCHOOLS THROUGH ITS CANEY SCHOLARS PROGRAM. FIFTY-SIX STUDENTS ARE BEING ASSISTED THROUGH THE SCHOLARS PROGRAM WITH 13 SCHOLARS PURSUING MEDICAL DEGREES AND AN ADDITIONAL 34 PURSUING MEDICAL RELATED FIELDS. ALC PROVIDED INSTITUTIONAL LEADERSHIP GRANTS TOTALING 1,792,254 FOR THE 2014-2015 FISCAL YEAR WHICH INCLUDED 16,380 IN MINORITY GRANTS. THE PROGRAM SERVICE ACCOMPLISHMENTS: 2015 GRADUATING CLASS OF 76 STUDENTS, 42% HAD NO STUDENT LOAN DEBT, WHILE 58% HAD AN AVERAGE DEBT OF 9,664 WHILE ATTENDING ALICE LLOYD COLLEGE. A NEW SPECIAL EDUCATION MAJOR HAS BEEN APPROVED AND ADDED TO THE FALL 2015 CURRICULUM. STUDENTS AT ALC WHO COMPLETE THE PROGRAM IN EDUCATION CAN NOW ADD LEARNING AND BEHAVIORAL DISORDERS CERTIFICATION TO THEIR DEGREE. 2146568 359470 AUXILIARY COLLEGE HOUSING AND MEAL PLAN, ALONG WITH THE CAMPUS BOOKSTORE AND CAF, ARE PRIMARILY PART OF THE AUXILIARY SERVICES. THE CAMPUS HAS THE CAPACITY TO HOUSE NEARLY 525 STUDENTS WITH 499 LIVING IN THE DORMS FOR FALL 2015. THE BOOKSTORE OFFERS STUDENTS A CENTRALIZED AND CONVENIENT LOCATION TO PURCHASE TEXTBOOKS AND SUPPLIES. WHILE THE CAF OFFERS FACULTY, STAFF AND STUDENTS A PLACE TO GATHER AND SOCIALIZE WHILE OFFERING AN AFFORDABLE MENU. THE COLLEGE ALSO OPERATES A CHILD DEVELOPMENT CENTER AND A K-12 COLLEGE PREPARATORY SCHOOL (THE JUNE BUCHANAN SCHOOL). THE JUNE BUCHANAN SCHOOL (JBS) HAS AN ENROLLMENT OF APPROXIMATELY 135 STUDENTS FOR THE 2015-2016 FISCAL YEAR. ALL JBS HIGH SCHOOL STUDENTS ARE REQUIRED TO PARTICIPATE IN COMMUNITY SERVICE EVENTS. JBS STUDENTS, FACULTY, AND PARENTS WERE INVOLVED IN THE FOLLOWING SERVICE PROJECTS DURING THE 2014-2015 FISCAL YEAR: MARCH OF DIMES, SHOE DRIVE, CHRISTMAS BOX PROJECT, VETERANS DAY PROGRAM, PBL BREAST CANCER WALK, CAREER DAY, CAN FOOD DRIVE, BREAST CANCER AWARENESS WEAR PINK DAY, KNOTT COUNTY FOSTER HOME DRIVE, AND SUPER HERO WALL FOR ADOPTION EVENT. 1177190 370133 STUDENT SERVICES STUDENT SERVICES PROGRAMS INCLUDE LEADERSHIP EDUCATION, ATHLETICS, INTRAMURALS, COUNSELING, CAREER PLACEMENT, STUDENT ACTIVITIES BOARD (WHICH PLANS A STUDENT ACTIVITIES CALENDAR EACH SEMESTER), DINING FACILITIES, DORMITORY FACILITIES, BRIDGE PROGRAM (WHICH HELPS STUDENTS MAKE THE TRANSITION FROM HIGH SCHOOL TO COLLEGE), CONVOCATION SERIES, POLICE DEPARTMENT, SUMMER AND FALL ORIENTATIONS (WHICH HELPS STUDENTS MEET FELLOW STUDENTS AND FACULTY MEMBERS AND BECOME ACQUAINTED WITH COLLEGE GUIDELINES AND REGULATIONS). PROJECTS COMPLETED DURING THE 2014-2015 SCHOOL YEAR WAS CONSTRUCTION OF THE BETTINGER CENTER FOR LEADERSHIP HOUSING THE STUDENT WORK OFFICE AND CAMPUS OUTREACH AND THE ADMISSIONS AND BUSINESS OFFICE RENOVATION. ADDITIONALLY, FUTURE CONSTRUCTION WILL INVOLVE A NEW CAMPUS CENTER WHICH WILL INCLUDE ATHLETIC FACILITIES, STUDENT SERVICES, AND ACADEMIC CLASSROOM. ALICE LLOYD COLLEGE (ALC) STUDENTS WERE INVOLVED IN MANY COMMUNITY SERVICE ACTIVITIES DURING THE 2014-2015 FISCAL YEAR. CAMPUS VOLUNTEERS PARTICIPATED IN THE COMMUNITY TRASH PICKUP, BOOK DRIVE FOR CHILDREN, ANIMAL SHELTER FUNDRAISER, NURSING HOME SERVICES, COMMUNITY KIDS' BASKETBALL CAMP, READ ACROSS AMERICA EVENT, AND MANY OTHER COMMUNITY SERVICES. THE ALICE LLOYD COLLEGE CHAPTER OF BAPTIST COLLEGIATE MINISTRIES (BCM) WAS ACTIVELY ENGAGED IN COMMUNITY SERVICE PROJECTS. STUDENT PARTICIPATED IN A DAY OF SERVICE AT THE EAST KENTUCKY VETERANS HOSPITAL, VISITED RESIDENTS, PARTICIPATED IN ACTIVITIES, AND PERFORMED VARIOUS MAINTENANCE ACTIVITIES. BCM PARTICIPATED IN SAMARITAN'S PURSE DURING THE CHRISTMAS SEASON AND HOSTED THE KNOTT COUNTY RELAY CENTER IN WHICH ALL GIFTS FILLED SHOE BOXES THAT WERE DELIVERED TO THE NEEDY. BCM PERFORMED VOLUNTEER SERVICES AT THE RONALD MCDONALD HOUSE OF THE BLUEGRASS ASSISTING WITH MEAL PREPARATION AND VOLUNTEERED AT THE LOCAL HOMELESS SHELTER. STUDENTS ALSO VOLUNTEERED TO PERFORM CUSTODIAL SERVICES AT THE LOCAL SUBSTANCE ABUSE CENTER. STUDENT GOVERNMENT ASSOCIATION (SGA) SPONSORED 2 BLOOD DRIVES, SPONSORED A FOOD DRIVE, AND ASSISTED WITH OPERATION CHRISTMAS CHILD WHICH PROVIDED HYGIENE PRODUCTS AND TOYS FOR NEEDY CHILDREN IN NON-INDUSTRIALIZED COUNTRIES. 4230141 2306284 STUDENT AID EXPENSES 2,056,888. INCLUDING GRANTS OF 2,056,888. REVENUE 0. ACADEMIC EXPENSES 655,872. INCLUDING GRANTS OF 130,857. REVENUE 0. ADMISSIONS EXPENSES 557,642. INCLUDING GRANTS OF 49,205. REVENUE 0. JUNE BUCHANAN EXPENSES 959,739. INCLUDING GRANTS OF 69,334. REVENUE 0. 4230141 2306284 10021029 true true false true false false false false false true true true false false true false true false true false false false false false false false false false true true false false false false false true true false true true false false false false false false false true 121 0 true 272 true false false false false false false X 21 21 true false false false false false false true true false false false true true true false true true true false KY X DAVID JOHNSON ALICE LLOYD COLLEGE 6063686031 100 PURPOSE ROAD PIPPA PASSES KY 41844 ROBERT M DUNCAN CHAIRMAN 2.00 X X 0 0 0 DWIGHT J BAUM MEMBER X 0 0 0 OLIVER CAUDILL MEMBER X 0 0 0 ROBERT MICHAEL DUNCAN JR MEMBER X 0 0 0 ROBERT W FINLEY SR MEMBER X 0 0 0 MARK T JOHNSON MEMBER X 0 0 0 JANICE L KNOPP MEMBER X 0 0 0 HILDA G LEGG VICE CHAIRMA 2.00 X X 0 0 0 LARRY M LESLIE MD SECRETARY/TR 2.00 X X 0 0 0 JULIE DAVIS HOPKINS MEMBER X 0 0 0 J SCOTT JENNINGS MEMBER X 0 0 0 LOWELL D MARTIN MD MEMBER X 0 0 0 RACHEL D MULLINAX MEMBER X 0 0 0 GEORGE NICHOLS III MEMBER X 0 0 0 WILLIAM J REIK JR MEMBER X 0 0 0 KAREN R SELLERS MEMBER X 0 0 0 HENRY WEBB MEMBER X 0 0 0 JERRY L EDWARDS MEMBER X 0 0 0 BEN PARK MEMBER X 0 0 0 KEVIN SMITH MEMBER X 0 0 0 DAVID JOHNSON ASSISTANT TR 50.00 X 79561 0 31519 LINDA EASTLAND ASSISTANT SE 40.00 X 0 0 0 JOE STEPP MEMBER 70.00 X 154293 0 54239 233854 85758 1 false true false PIONEER COLLEGE CATERERS INC 12351 WEST 96TH TER STE 204 LENEXA KS 66215 FOOD SERVICE 885704 SOUTHEAST MAIL SERVICES INC 2528 PALUMBO DRIVE LEXINGTON KY 40509 MAILING 216571 ALLIANCE CORPORATION 2014 KY RT 321 PRESTONSBURG KY 41653 CONSTRUCTION 202436 TESCO PO BOX 167230 OREGON OH 43616 VEHICLE PURCHAS 125332 JRA INC 3225 SUMMIT SQUARE PLACE 200 LEXINGTON KY 40509 ARCHITECT 125138 6 1068203 15631301 111594 16699504 STUDENT TUITION & FEES 6288519 6288519 ROOM & BOARD 2632738 2632738 JUNE BUCHANAN SCHOOL 372496 372496 FAC./STAFF HOUSING 80173 80173 PRE-SCHOOL TUITION 38420 38420 9412346 1588150 1588150 14309477 13941472 368005 368005 368005 449885 353275 96610 96610 OTHER INCOME 412197 412197 ANNUITY INCOME 77530 77530 OTHER AUXILIARY INCOME 12700 12700 -1316805 -1316805 -814378 27350237 9062583 1588150 2031873 2031873 335873 169134 79561 87178 5661982 3962065 1198059 501858 265748 168266 62077 35405 857494 567895 185604 103995 336986 234386 68816 33784 32585 32585 93544 93544 53681 53681 458643 12921 17555 428167 25161 23433 1298 430 576910 124829 452081 172148 67970 42342 61836 1281972 1196731 85241 300293 300293 FOOD COSTS 701625 701625 SUPPLIES 666260 233138 377805 55317 OTHER 338904 137984 194017 6903 TELEPHONE 295075 295075 453821 388779 46615 18427 14940578 10021029 3586249 1333300 2829679 3362315 167014 6908609 92317 113041 186892 169425 48704360 27210979 20862202 21493381 45170082 49192667 379462 651646 69687648 81891084 948030 1402366 58861 32633 627761 529874 1634652 1964873 X 43228856 46528115 2320957 10363431 22503183 23034665 68052996 79926211 69687648 81891084 12409659 -455483 -80961 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 6951 6951 false SCHEDULE C, PART I-A, LINE 1 THE COLLEGE IS A MEMBER OF THE WORK COLLEGES CONSORTIUM. EACH YEAR THE COLLEGE PAYS ASSESSMENTS TO THE CONSORTIUM TO FUND VARIOUS FUNCTIONS AS A GROUP. PART OF THE PAYMENTS INVOLVES LOBBYING BY THE WORK COLLEGE CONSORTIUM ON BEHALF OF ALL MEMBERS. FEDERAL LOBBYING EXPENSES BY THE CONSORTIUM FOR 2014-2015 WAS 6,951.25. THE PRORATED AMOUNT APPLIED TO ALICE LLOYD COLLEGE. THE CONSORTIUM IS NOT A 501 (C)(3) ORGANIZATION. 35791310 475965 278913 37046188 31852216 2398146 2541598 1000650 35791310 28952265 712870 3232693 1045612 31852216 28203004 587410 1286013 1124162 28952265 25786632 479552 3008641 1071821 28203004 0.41720 0.58280 false false 1375095 1375095 33820212 16224029 17596183 11656658 10986950 669708 1852395 1852395 21493381 OTHER SECURITIES 49192667 F 49192667 ANNUITY ADVANCES 457035 ANNUITY AND GOV. STDN. ADVANCES 72839 529874 27703512 353275 353275 27350237 27350237 15293853 353275 353275 14940578 14940578 SCHEDULE D, PAGE 2, PART V, LINE 4 ALICE LLOYD COLLEGE PROVIDES A LIBERAL ARTS EDUCATION TO STUDENTS FROM A 108 COUNTY AREA IN APPALACHIA. A MAJORITY OF STUDENTS ATTENDING ALICE LLOYD COLLEGE ARE FIRST GENERATION STUDENTS WITH LIMITED RESOURCES TO ATTEND INSTITUTIONS OF HIGH EDUCATION. ALICE LLOYD COLLEGE DEPENDS UPON DONATIONS AND THE ENDOWMENT TO HELP STUDENTS FINANCIALLY THROUGH THE COLLEGE LEADERSHIP SCHOLARSHIP. STUDENTS ATTENDING ALICE LLOYD COLLEGE FROM THE 108 COUNTY AREA IN APPALACHIA PAY 0 TUITION. THE COLLEGE ENDOWMENT IS USED PREDOMINANTLY TO COVER THE COST OF TUITION OF WHICH DURING FISCAL YEAR 2014-2015 WAS IN EXCESS OF 1.7 MILLION. THE ENDOWMENT ALLOWS ALICE LLOYD COLLEGE TO ASSIST STUDENTS IN MAINTAINING A LOW GRADUATION DEBT. THE LAST SEVERAL YEARS ALICE LLOYD COLLEGE HAS RANKED AT OR NEAR THE TOP NATIONALLY IN LOW STUDENT DEBT. SCHEDULE D, PAGE 4, PART XI, LINE 2D BOOKSTORE COST OF GOODS SOLD 353,275 SCHEDULE D, PAGE 4, PART XII, LINE 2D BOOKSTORE COST OF GOODS SOLD 353,275 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 COLLEGE CATALOG; PUBLISHED IN AREA NEWSPAPERS, RADIO AND TELEVISION ADVERTISEMENT; POLICIES ARE ALSO PUBLISHED AT SUMMER ORIENTATION FOR STUDENTS AND FAMILIES. SCHEDULE E, LINE 6 THE COLLEGE RECEIVES FINANCIAL AID FOR ITS STUDENTS UNDER TITLE IV FINANCIAL AID PROGRAMS: PELL, FCWS, SEOG, AND PERKINS LOAN FUNDS. THE COLLEGE ADHERES TO ALL POLICIES AND PROCEDURES FOR THE RECORDING AND DISBURSEMENT OF SUCH FUNDS. true SCHOLARSHIP/STUDENT AID 632 2031873 SCHEDULE I, PAGE 1, PART I, LINE 2 STUDENT FINANCIAL AID PROCEDURES TYPICALLY FOLLOWED BY COLLEGES IN THE UNITED STATES USING FAFSA AND THE COLLEGE'S FINANCIAL AID APPLICATION CRITERIA. FEDERAL GRANTS ARE SUBJECT TO THE SINGLE AUDIT ACT OF THE UNITED STATES. SCHEDULE I, PAGE 4, PART IV SCHEDULE I, PART III - SCHOLARSHIPSHIPS/STUDENT AID GRANTS - INCLUDES PRIMARILY ROOM AND BOARD, BOOKS AND SUPPLIES ASSISTANCE. THE AMOUNT OF TUITION SCHOLARSHIPS/STUDENT AID FOR THE YEAR WAS 7,025,785. X X true true X false false false false false false false false false JOE STEPP MEMBER 154293 23983 30256 208532 SCHEDULE J, PAGE 1, PART I, LINE 1A NOTE TO 1A: THE BOARD REQUESTED AND APPROVED TRAVEL ABROAD FOR THE PRESIDENT AND SPOUSE. ROBERT FINLEY- OPPENHEIMER BOARD MEMBER ROBERT FINLEY false JAMES O STEPP EXECUTIVE VP JAMES O. STEPP false SCHEDULE L, PART V PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: ROBERT FINLEY - OPPENHEIMER & COMPANY (D) DESCRIPTION OF TRANSACTION: ROBERT FINLEY IS A PAID BROKER/INVESTMENT ADVISOR FOR THE COLLEGE THROUGH OPPENHEIMER & COMPANY. ROBERT FINLEY, BOARD MEMBER, IS AN EMPLOYEE OF OPPENHEIMER & COMPANY WHO HANDLES THE COLLEGE'S INVESTMENTS. (A) NAME OF PERSON: JAMES O. STEPP (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: EXCUTIVE VICE PRESIDENT (D) DESCRIPTION OF TRANSACTION: JAMES O. STEPP RECEIVES TAXABLE COMPENSATION FROM THE COLLEGE AS THE EXECUTIVE VICE PRESIDENT AND HAS BEEN EMPLOYED WITH THE COLLEGE SINCE 1985 AND IS THE BROTHER TO THE PRESIDENT, JOE A. STEPP. W-2 WAGES FOR 2014 WERE 87,178. X 1 5000 APPRAISAL X 10 106594 NYSE AND NASDAQ 1 false false false FORM 990 - ORGANIZATION'S MISSION THE MISSION OF ALICE LLOYD COLLEGE IS TO PROVIDE MOUNTAIN STUDENTS A QUALITY CHARACTER-BASED EDUCATION, REGARDLESS OF THEIR FINANCIAL ABILITY, AND TO PREPARE THEM FOR LEADERSHIP AND SERVICE IN THE APPALACHIAN REGION. NO STUDENT HAS EVER BEEN TURNED AWAY BECAUSE OF AN INABILITY TO PAY. FORM 990, PAGE 2, PART III, LINE 4A FOR THE 2014-2015 FISCAL YEAR WHICH INCLUDED 16,380 IN MINORITY GRANTS. THE PROGRAM SERVICE ACCOMPLISHMENTS: 2015 GRADUATING CLASS OF 76 STUDENTS, 42% HAD NO STUDENT LOAN DEBT, WHILE 58% HAD AN AVERAGE DEBT OF 9,664 WHILE ATTENDING ALICE LLOYD COLLEGE. A NEW SPECIAL EDUCATION MAJOR HAS BEEN APPROVED AND ADDED TO THE FALL 2015 CURRICULUM. STUDENTS AT ALC WHO COMPLETE THE PROGRAM IN EDUCATION CAN NOW ADD LEARNING AND BEHAVIORAL DISORDERS CERTIFICATION TO THEIR DEGREE. FORM 990, PAGE 2, PART III, LINE 4B COMMUNITY SERVICE EVENTS. JBS STUDENTS, FACULTY, AND PARENTS WERE INVOLVED IN THE FOLLOWING SERVICE PROJECTS DURING THE 2014-2015 FISCAL YEAR: MARCH OF DIMES, SHOE DRIVE, CHRISTMAS BOX PROJECT, VETERANS DAY PROGRAM, PBL BREAST CANCER WALK, CAREER DAY, CAN FOOD DRIVE, BREAST CANCER AWARENESS WEAR PINK DAY, KNOTT COUNTY FOSTER HOME DRIVE, AND SUPER HERO WALL FOR ADOPTION EVENT. FORM 990, PAGE 2, PART III, LINE 4C OUTREACH AND THE ADMISSIONS AND BUSINESS OFFICE RENOVATION. ADDITIONALLY, FUTURE CONSTRUCTION WILL INVOLVE A NEW CAMPUS CENTER WHICH WILL INCLUDE ATHLETIC FACILITIES, STUDENT SERVICES, AND ACADEMIC CLASSROOM. ALICE LLOYD COLLEGE (ALC) STUDENTS WERE INVOLVED IN MANY COMMUNITY SERVICE ACTIVITIES DURING THE 2014-2015 FISCAL YEAR. CAMPUS VOLUNTEERS PARTICIPATED IN THE COMMUNITY TRASH PICKUP, BOOK DRIVE FOR CHILDREN, ANIMAL SHELTER FUNDRAISER, NURSING HOME SERVICES, COMMUNITY KIDS' BASKETBALL CAMP, READ ACROSS AMERICA EVENT, AND MANY OTHER COMMUNITY SERVICES. THE ALICE LLOYD COLLEGE CHAPTER OF BAPTIST COLLEGIATE MINISTRIES (BCM) WAS ACTIVELY ENGAGED IN COMMUNITY SERVICE PROJECTS. STUDENT PARTICIPATED IN A DAY OF SERVICE AT THE EAST KENTUCKY VETERANS HOSPITAL, VISITED RESIDENTS, PARTICIPATED IN ACTIVITIES, AND PERFORMED VARIOUS MAINTENANCE ACTIVITIES. BCM PARTICIPATED IN SAMARITAN'S PURSE DURING THE CHRISTMAS SEASON AND HOSTED THE KNOTT COUNTY RELAY CENTER IN WHICH ALL GIFTS FILLED SHOE BOXES THAT WERE DELIVERED TO THE NEEDY. BCM PERFORMED VOLUNTEER SERVICES AT THE RONALD MCDONALD HOUSE OF THE BLUEGRASS ASSISTING WITH MEAL PREPARATION AND VOLUNTEERED AT THE LOCAL HOMELESS SHELTER. STUDENTS ALSO VOLUNTEERED TO PERFORM CUSTODIAL SERVICES AT THE LOCAL SUBSTANCE ABUSE CENTER. STUDENT GOVERNMENT ASSOCIATION (SGA) SPONSORED 2 BLOOD DRIVES, SPONSORED A FOOD DRIVE, AND ASSISTED WITH OPERATION CHRISTMAS CHILD WHICH PROVIDED HYGIENE PRODUCTS AND TOYS FOR NEEDY CHILDREN IN NON-INDUSTRIALIZED COUNTRIES. FORM 990, PAGE 2, PART III, LINE 4D STUDENT AID EXPENSES 2,056,888. INCLUDING GRANTS OF 2,056,888. REVENUE 0. ACADEMIC EXPENSES 655,872. INCLUDING GRANTS OF 130,857. REVENUE 0. ADMISSIONS EXPENSES 557,642. INCLUDING GRANTS OF 49,205. REVENUE 0. JUNE BUCHANAN EXPENSES 959,739. INCLUDING GRANTS OF 69,334. REVENUE 0. FORM 990, PAGE 6, PART VI, LINE 2 JAMES O. STEPP JOE STEPP EXECUTIVE VP PRESIDENT BROTHERS FORM 990, PAGE 6, PART VI, LINE 11B MANAGEMENT APPOINTED TO REVIEW FORM 990. THE GOVERNING BODY WILL RECEIVE A COPY OF THE FORM 990 IN DECEMBER WITH A LETTER ASKING THAT ANY QUESTIONS BE DIRECTED TO THE VICE PRESIDENT FOR BUSINESS AFFAIRS. THE 990 IS REVIEWED INTERNALLY BY THE PRESIDENT, EXECUTIVE SECRETARY, EXECUTIVE VICE PRESIDENT, VICE PRESIDENT FOR BUSINESS AFFAIRS, CONTROLLER, AND DIRECTOR OF HUMAN RESOURCES. VARIOUS PARTS ARE PREPARED AND EDITED BY THE DIRECTOR OF INSTITUTIONAL DEVELOPMENT, ACADEMIC DEAN, AND FINANCIAL AID DIRECTOR WITH INFORMATION FROM ALL DEPARTMENTS. FORM 990, PAGE 6, PART VI, LINE 12C THE COLLEGE HAS A CONFLICT OF INTEREST POLICY, AS WELL AS A CONFLICT OF INTEREST DISCLOSURE DOCUMENT THAT TRUSTEES AND EXECUTIVE DIRECTORS ARE ASKED TO SIGN, AND HAVE THEIR SIGNATURE WITNESSED EACH YEAR. THE DISCLOSURE DOCUMENT IS GIVEN TO THE TRUSTEES IN OCTOBER. THE SECRETARY TO THE PRESIDENT FOLLOWS UP WITH THOSE WHO DO NOT RETURN THEIR DOCUMENT WITHIN A REASONABLE PERIOD OF TIME. BEGINNING WITH THE JANUARY 2010 EXECUTIVE REPORT UNDER COLLEGE GOVERNANCE, THE CONFLICT OF INTEREST POLICY WILL BE REVIEWED ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 15A THE PRESIDENT'S SALARY IS SET BY THE BOARD OF TRUSTEES, UPON THE RECOMMENDATION OF THE EXECUTIVE COMMITTEE. THE PRESIDENT WILL PERIODICALLY (EVERY 2-3 YEARS) REQUEST A COMPARATIVE SALARY LIST FORM THE ASSOCIATION OF INDEPENDENT KENTUCKY COLLEGES AND UNIVERSITIES (AIKCU). FORM 990, PAGE 6, PART VI, LINE 15B THE PRESIDENT'S SALARY IS SET BY THE BOARD OF TRUSTEES, UPON THE RECOMMENDATION OF THE EXECUTIVE COMMITTEE. THE PRESIDENT MAKES A RECOMMENDATION TO THE EXECUTIVE COMMITTEE, AND BOARD, FOR PAY INCREASES FOR LINE OFFICERS AND OTHER EMPLOYEES OF THE COLLEGE. THE PRESIDENT WILL PERIODICALLY (EVERY 2-3 YEARS) REQUEST A COMPARATIVE SALARY LIST FROM THE ASSOCIATION OF INDEPENDENT KENTUCKY COLLEGES AND UNIVERSITIES (AIKCU). FORM 990, PAGE 6, PART VI, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 BOOKSTORE COST OF GOODS SOLD 353,275 BOOKSTORE COST OF GOODS SOLD -353,275 FORM 990, PART XI, LINE 9 ANNUITY PAYMENTS 80,961