2015-04-22T16:05:20-05:00 2014-06-30 BKD LLP 1201 Walnut Suite 1700 Kansas City MO 641062246 990 2013-07-01 486033929 Kansas Athletics Incorporated % PATRICK KAUFMAN KANS 7858647970 1651 Naismith Drive Suite Lawrence KS 66045 SHEAHON ZENGER DIRECTOR OF ATHLETICS 8162216300 2015-05-15 true Michael J Engle P00482834 8162216300 2013 2016-03-07 17:11:31Z SHEAHON ZENGER 1651 Naismith Drive Lawrence KS 66045 94411472 false X WWW.KUATHLETICS.COM X 1925 KS KANSAS ATHLETICS OPERATES STUDENT ATHLETIC TEAMS AND MANAGES TEAMS & MANAGES INTERCOLLEGIATE ATHLETIC CONTESTS, PER UNIV. & NCAA REGS. & PROVIDES SCHOLARSHIPS & OTHER SUPPORT TO THE STUDENT-ATHLETES. 7 0 803 100 398113 -130899 32249068 28439231 43687757 46222901 1590394 1649306 14280143 17949501 91807362 94260939 10826027 11316356 0 0 30025844 30698721 0 0 2282400 38415071 47482219 79266942 89497296 12540420 4763643 91716823 200430847 83161650 75874869 8555173 124555978 X SEE SCHEDULE O false false 69878402 11187913 48953141 The organization operated 18 varsity athletic teams consisting of nearly 600 student athletes. Support provided to student athletes included scholarships, athletic training, academic support, and strength and conditioning training. 69878402 true true false false false false false true false true true false false true true false false true false false true false true false true false false true true true true false false false false false false false false true false true true false false true true true true false false true 227 0 true 803 true true true false false false false true true false false false false X 7 0 true false false false false true true true true false false true true true true true true true true false KS X X PATRICK KAUFMAN 7858647970 1651 NAISMITH DRIVE LAWRENCE KS 66045 X BERNADETTE GRAY-LITTLE CHAIRPERSON & KU CHANCELLOR 10.0 40.0 X X 0 495735 85048 JEFFREY VITTER DIRECTOR & VICE CHAIR 1.0 49.0 X X 0 385736 41609 THERESA GORDZICA DIRECTOR & SECRETARY/TREASURER 2.0 48.0 X X 0 134984 30039 SHEAHON ZENGER DIRECTOR OF ATHLETICS 50.0 0.0 X X 0 571827 42609 SUSAN STAGG-WILLIAMS DIRECTOR & FACULTY REP 20.0 30.0 X 0 135017 28520 TAMMARA DURHAM DIRECTOR 1.0 49.0 X 0 135994 34493 MARCUS TETWILER DIRECTOR (THRU 5/14) 1.0 15.0 X 0 10118 0 MORGAN SAID DIRECTOR (STARTING 5/14) 1.0 15.0 X 0 4434 0 PAT KAUFMAN CFO 50.0 X 163313 0 27068 SEAN LESTER DEPUTY ATHLETIC DIRECTOR 50.0 X 249682 0 32499 JAMES MARCHIONY ASSOC. A.D. - PUBLIC AFFAIRS 50.0 X 211374 0 29675 DEBBIE VAN SAUN ASSOC. ATHLETIC DIR. SR. W AD 50.0 X 230210 0 27475 BILL SELF HEAD MENS BASKETBALL COACH 60.0 X 5034115 0 33656 CHARLES J WEIS HEAD FOOTBALL COACH 60.0 X 2534610 0 27796 BONNIE HENRICKSON HEAD WOMENS BASKETBALL COACH 60.0 X 549826 0 26067 DAVID CAMPO ASST FOOTBALL COACH 60.0 X 514423 0 35440 KURTIS TOWNSEND ASST BASKETBALL COACH 60.0 X 347674 0 38441 NORM ROBERTS ASST BASKETBALL COACH 60.0 X 337885 0 36396 CLINT BOWEN ASST FOOTBALL COACH 60.0 X 275019 0 35933 MARLESA RONEY FORMER DIRECTOR (THRU 5/2011) 0.0 0.0 X 0 80738 16310 DANNY ANDERSON FORMER DIRECTOR (THRU 2010) 0.0 0.0 X 0 274009 42368 JERRY BAILEY FORMER FACULTY REP (THRU 2012) 0.0 0.0 X 0 147608 4549 LARRY KEATING SPECIAL ASSISTANT TO THE A.D. 50.0 X 199301 0 29611 CHARLES LONG FORMER ASST FB COACH (12/2011) 0.0 0.0 X 205041 0 24874 ROBERT IANELLO FORMER ASST FB COACH 0.0 0.0 X 309166 0 38135 JOHN HADL ASSOCIATE A.D. - MAJOR GIFTS 50.0 X 274272 0 30933 JOSEPH DOOLEY FORMER ASST BASKETBALL COACH 0.0 0.0 X 160504 0 15668 11596415 2376200 815212 54 true true false UNIVERSITY OF KANSAS SEE SCHEDULE O 4211893 PACIOLAN SYSTEMS INC TICKETING SOFTWARE 572996 CROWD SYSTEMS EVENT STAFFING 531069 ALPHA AUDIO VIDEO VIDEO CONTROL ROOM 535220 MUELLER BRESSLER BROWN MARKETING/ AD SALES 619965 16 89428 28349803 659499 28439231 Sports Activities 900099 20517720 20517720 Big XII Conference/NCAA 900099 22369558 22369558 Student Activity Fees 900099 1080062 1080062 Concession and Parking Sales 900099 771248 771248 Direct Institutional Support 900099 1484313 1484313 46222901 362806 362806 0 12484842 12484842 137974 0 137974 0 137974 125090 12884 1286500 1286500 1286500 1286500 89018 89428 68959 20059 20059 0 146337 81574 64763 64763 Jayhawk Tennis Facility 900099 320466 320466 GAIN ON DEBT EXTINGUISHMENT 900099 2714360 2714360 All Other Misc Revenue 900099 2207037 2207037 2207037 2207037 5241863 94260939 48555028 398113 16868567 128441 128441 11187915 11187915 0 0 6770467 6770467 45527 45527 19244593 12709257 5523429 1011907 1362102 957342 325208 79552 1936459 1199122 679342 57995 1339573 967242 297944 74387 0 248255 99302 148953 64915 64915 0 0 0 5550852 3126346 2330650 93856 2186544 1781660 404884 3499901 2148218 1195928 155755 0 0 3005137 2053114 906807 45216 10023941 9656614 223559 143768 0 3725 3725 2139524 1711619 427905 0 9426105 7540884 1885221 1017339 102042 915297 ADIDAS UNIFORMS/EQUIPMENT 2300000 2300000 EVENT MANAGEMENT 3295680 3295680 GAME GUARANTEES 1917405 1917405 BAD DEBTS 790657 790657 2012239 1171208 625951 215080 89497296 69878402 17336494 2282400 3351394 5893512 0 0 20821831 20773975 5552396 4165494 0 0 0 0 0 0 281565 231683 460588 627527 173141059 56493509 14074331 116647550 0 0 0 0 0 0 0 0 47174718 52091106 91716823 200430847 8084639 9674218 4906404 12293 17823789 14913380 41780000 39430000 0 0 0 0 4431791 4060540 6000000 6000000 135027 1784438 83161650 75874869 X -49504687 60453546 40749412 46753186 17310448 17349246 8555173 124555978 91716823 200430847 4763643 2860875 108376287 X false true X true false X false false false 14353549 17787806 22446377 32249068 28439231 115276031 36426097 36668069 34759263 41921879 44738588 194513896 0 0 1832971 1582429 1440893 1765878 1484313 8106484 52612617 56038304 58646533 75936825 74662132 317896411 936866 2213746 2332826 1761396 1395226 8640060 11493644 12398225 13351512 19888866 21443995 78576242 12430510 14611971 15684338 21650262 22839221 87216302 230680109 12254992 11504066 10612447 12410401 12972738 59754644 0 12254992 11504066 10612447 12410401 12972738 59754644 0 2074974 2395330 2076256 1698078 4921397 13166035 66942583 69937700 71335236 90045304 92556267 390817090 0.59025 0.61556 0.15290 0.15176 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X false 27915401 38798 3759134 0 1055148 73976 30584209 26059340 969259 2171777 0 1215918 69057 27915401 27510791 366722 -788497 0 956788 72888 26059340 23451288 126240 4271286 0 275890 62133 27510791 27153721 8589011 205137 0 12421626 74955 23451288 0.00000 0.56726 0.43274 true false 753401 753401 7380330 962812 6417518 151316794 49321852 101994942 11075455 5563754 5511701 2615079 645091 1969988 116647550 Debt Service Reserve 2986374 Deposits with KU Endowment 47868343 Bond Issue Cost 822103 Deferred Sponsorship 414286 52091106 0 Bond Issuance Premium 1784438 1784438 97908047 2860875 635700 150533 3647108 94260939 94260939 90283529 635700 150533 786233 89497296 89497296 SCHEDULE D, PART III, LINE 4 KANSAS ATHLETICS, INCORPORATED MAINTAINS A COLLECTION OF VARIOUS ATHLETIC MEMORABILIA FOR PUBLIC EXHIBITION. THE COLLECTION FURTHERS THE EXEMPT PURPOSE OF THE ORGANIZATION BY SUPPORTING THE INTERCOLLEGIATE ATHLETIC PROGRAM FOR THE UNIVERSITY AND PROVIDING A RECORD OF HISTORICAL EVENTS. SCHEDULE D, PART V, LINE 4 THE ORGANIZATION'S INTENDED USE OF THE ENDOWMENT FUNDS IS FOR SCHOLARSHIPS, FELLOWSHIPS, AWARDS, SALARIES, SERVICES AND OTHER ORGANIZATIONAL SUPPORT. SCHEDULE D, PART X, LINE 2 MANAGEMENT HAS EVALUATED ITS INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON ITS REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. SCHEDULE D, PART XI, LINE 2D COST OF GOODS SOLD $ 81,574 FUNDRAISING EXPENSES $ 68,959 -------- $150,533 SCHEDULE D, PART XII, LINE 2D COST OF GOODS SOLD $ 81,574 FUNDRAISING EXPENSES $ 68,959 --------- $ 150,533 Central America and the Caribbean Program Services RECRUITING 3718 Central America and the Caribbean Program Services MEN'S BBALL TEAM COMP. 228826 Europe (Including Iceland and Greenland) Program Services RECRUITING 25120 Europe (Including Iceland and Greenland) Program Services WOMEN'S GOLF TEAM TOUR 82772 North America Program Services RECRUITING 6954 347390 347390 false false false false false false WEF GOLF TOURN. 62590 22306 40284 1200 14896 7000 8500 0 1108 WBB GOLF TOURN. 50906 32482 18424 320 3915 9996 9179 0 7436 1 64950 34640 30310 0 0 0 2731 0 2678 178446 89428 89018 1520 18811 16996 20410 0 11222 68959 20059 true THE SALVATION ARMY 946 NEW HAMPSHIRE LAWRENCE KS 66044 440545998 501(C)(3) 10000 PROGRAM SUPPORT CALLED TO GREATNESS INC PO BOX 550 LAWRENCE KS 66044 412177036 501(C)(3) 10000 PROGRAM SUPPORT BIG BROTHERS & BIG SISTERS 536 FIRESIDE COURT LAWRENCE KS 66044 481047904 501(C)(3) 11000 PROGRAM SUPPORT LAWRENCE MEM HOSP 325 MAINE LAWRENCE KS 66044 480771515 501(C)(3) 13291 PROGRAM SUPPORT BOY'S & GIRL'S CLUB OF LAWRENCE PO BOX 748 LAWRENCE KS 66044 237296824 501(C)(3) 10000 PROGRAM SUPPORT HANNAH & FRIENDS 51250 HOLLYHOCK RD SOUTH BEND IN 46637 300171137 501(C)(3) 27500 PROGRAM SUPPORT KANSAS UNIVERSITY PO BOX 928 LAWRENCE KS 66044 480547734 501(C)(3) 16650 PROGRAM SUPPORT KANSAS ALUMNI ASSOCIATION 1266 OREAD AVE LAWRENCE KS 66045 480291250 501(C)(3) 15000 PROGRAM SUPPORT BILL SELF'S ASSISTS 1651 NAISMITH DRIVE LAWRENCE KS 66049 205888765 501(C)(3) 10000 PROGRAM SUPPORT 9 LOCAL LODGING COSTS AND PER DIEM 487 259342 ROOM AND BOARD 281 3443208 BOOKS 380 226154 TEAM MEALS 487 110120 TRAINING TABLE MEALS 487 950806 TUITION 334 6198285 SCHEDULE I, PART I, LINE 2 THERE IS NO FORMAL PROCESS FOR MONITORING THE USE OF GRANT FUNDS TO ORGANIZATIONS, HOWEVER, ALL GRANTS GIVEN TO 501(C)(3) TAX EXEMPT ORGANIZATIONS THAT ARE ELIGIBLE TO RECEIVE CHARITIABLE CONTRIBUTIONS. FINANCIAL AID GRANTS ARE AWARDED TO STUDENT ATHLETES AT THE UNIVERSITY OF KANSAS. THE GRANTS MAY CONSIST OF ANY OR ALL OF THE FOLLOWING: TUITION, ROOM AND BOARD, PER DIEM AND LODGING DURING SCHOOL BREAKS WHEN CAMPUS FACILITIES ARE CLOSED, BOOKS, TRAINING TABLE MEALS IN LIEU OF BOARD PAYMENTS, AND OCCASIONAL TEAM MEALS. STUDENT ATHLETES MUST MEET CERTAIN ACADEMIC STANDARDS AND ELIGIBILITY STANDARDS PER NCAA RULES TO RECEIVE FINANCIAL AID. THIS INFORMATION IS VERIFIED BY THE FINANCIAL AID COORDINATOR AND NCAA COMPLIANCE OFFICE. FINANCIAL AID AWARD LETTERS ARE PREPARED FOR EACH STUDENT ATHLETE FOR THE AMOUNT OF THEIR AWARD. THE DIRECTOR OF STUDENT FINANCIAL AID REVIEWS THE BILLS FROM THE VARIOUS UNITS ON CAMPUS TO VERIFY ACCURACY AND APPROVE FOR PAYMENT. THE BUSINESS OFFICE WRITES CHECKS TO APPROPRIATE VENDORS FOR THE GRANTS IN AID. X X X X true true X X X X true true false false false false false false false BERNADETTE GRAY-LITTLE CHAIRPERSON & KU CHANCELLOR 0 442794 0 0 0 52941 0 21675 0 63373 0 580783 0 0 JEFFREY VITTER DIRECTOR & VICE CHAIR 0 359957 0 0 0 25779 0 21675 0 19934 0 427345 0 0 THERESA GORDZICA DIRECTOR & SECRETARY/TREASURER 0 134539 0 0 0 444 0 12010 0 18029 0 165023 0 0 SHEAHON ZENGER DIRECTOR OF ATHLETICS 0 570418 0 0 0 1409 0 21675 0 20934 0 614436 0 0 SUSAN STAGG-WILLIAMS DIRECTOR & FACULTY REP 0 134883 0 0 0 134 0 11922 0 16598 0 163537 0 0 TAMMARA DURHAM DIRECTOR 0 135792 0 0 0 202 0 12436 0 22057 0 170487 0 0 PAT KAUFMAN CFO 152364 0 0 0 10948 0 10223 0 16846 0 190382 0 0 0 SEAN LESTER DEPUTY ATHLETIC DIRECTOR 209679 0 16667 0 23336 0 18275 0 14224 0 282181 0 0 0 JAMES MARCHIONY ASSOC. A.D. - PUBLIC AFFAIRS 154766 0 4300 0 52308 0 15636 0 14039 0 241049 0 0 0 DEBBIE VAN SAUN ASSOC. ATHLETIC DIR. SR. W AD 187866 0 16000 0 26344 0 16347 0 11128 0 257685 0 0 0 BILL SELF HEAD MENS BASKETBALL COACH 2974813 0 75000 0 1984302 0 19550 0 14106 0 5067771 0 0 0 CHARLES J WEIS HEAD FOOTBALL COACH 2493894 0 0 0 40716 0 12650 0 15146 0 2562406 0 0 0 BONNIE HENRICKSON HEAD WOMENS BASKETBALL COACH 378696 0 19733 0 151397 0 20264 0 5803 0 575893 0 0 0 DAVID CAMPO ASST FOOTBALL COACH 475298 0 0 0 39126 0 21675 0 13765 0 549863 0 0 0 KURTIS TOWNSEND ASST BASKETBALL COACH 294667 0 25000 0 28007 0 21675 0 16766 0 386115 0 0 0 NORM ROBERTS ASST BASKETBALL COACH 294654 0 25000 0 18231 0 21675 0 14721 0 374281 0 0 0 CLINT BOWEN ASST FOOTBALL COACH 259769 0 0 0 15250 0 21675 0 14258 0 310952 0 0 0 MARLESA RONEY FORMER DIRECTOR (THRU 5/2011) 0 80363 0 0 0 375 0 6977 0 9333 0 97048 0 0 DANNY ANDERSON FORMER DIRECTOR (THRU 2010) 0 262066 0 0 0 11943 0 23677 0 18691 0 316377 0 0 JERRY BAILEY FORMER FACULTY REP (THRU 2012) 0 147237 0 0 0 371 0 4070 0 479 0 152157 0 0 LARRY KEATING SPECIAL ASSISTANT TO THE A.D. 178124 0 0 0 21177 0 15746 0 13865 0 228912 0 0 0 CHARLES LONG FORMER ASST FB COACH (12/2011) 202265 0 0 0 2776 0 17392 0 7482 0 229915 0 0 0 ROBERT IANELLO FORMER ASST FB COACH 294945 0 0 0 14221 0 21675 0 16460 0 347301 0 0 0 JOHN HADL ASSOCIATE A.D. - MAJOR GIFTS 210882 0 0 0 63390 0 18411 0 12522 0 305205 0 0 0 JOSEPH DOOLEY FORMER ASST BASKETBALL COACH 118882 0 25000 0 16622 0 10276 0 5392 0 176172 0 0 0 SCHEDULE J, PART I, LINE 1A FIRST-CLASS OR CHARTER TRAVEL: Sheahon Zenger, Larry Keating, Sean Lester, James Marchiony, Debbie Van Saun, CHARLES J. WEIS, Bill Self, Bonnie Henrickson, AND DAVID CAMPO. BENEFIT IS 100% FOR BUSINESS PURPOSES AND THEREFORE HAS NOT BEEN INCLUDED ON THE W-2 AS TAXABLE INCOME. TRAVEL FOR COMPANIONS: LARRY KEATING, JAMES MARCHIONY, BILL SELF, CHARLIE WEIS, JOE DOOLEY, SEAN LESTER, SHEAHON ZENGER, BONNIE HENRICKSON, AND DEBBIE VAN SAUN. THE VALUE OF THE TRAVEL HAS BEEN INCLUDED ON THE EMPLOYEE'S W-2 AS APPLICABLE, BASED ON IRS REGULATIONS. GROSS UP PAYMENTS: BILL SELF, BONNIE HENRICKSON, AND JOHN HADL. 100% OF THE FMV OF THE BENEFIT HAS BEEN INCLUDED ON EACH INDIVIDUAL W-2 AS TAXABLE COMPENSATION. SOCIAL CLUB DUES: SHEAHON ZENGER, LARRY KEATING, SEAN LESTER, JAMES MARCHIONY, DEBBIE VAN SAUN, BILL SELF, BONNIE HENRICKSON, CHARLES J. WEIS, AND JOHN HADL. 100% OF THE FMV OF THE BENEFIT HAS BEEN INCLUDED ON EACH INDIVIDUAL W-2 AS TAXABLE COMPENSATION. SCHEDULE J, PART I, LINE 4B BILL SELF $ 1,816,012 BONNIE HENRICKSON $ 100,000 PAYMENTS FOR BILL SELF AND BONNIE HENRICKSON REPRESENT DEFERRED COMPENSATION PAYMENTS EARNED AND REPORTED IN PREVIOUS YEARS' FORMS 990 AND W-2. SCHEDULE J, PART II & FORM 990, PART VII COMPENSATION REPORTED FOR JERRY BAILEY, THERESA GORDZICA, BERNADETTE GRAY-LITTLE, ELIZABETH ANN JOHNSON, HANNAH BOLTON, JEFFREY VITTER, TAMMARA DURHAM, SHEAHON ZENGER, MARLESA RONEY, AND DANNY ANDERSON WAS PAID BY THE UNIVERSITY OF KANSAS, A RELATED ORGANIZATION. KANSAS ATHLETICS INC. REIMBURSES THE UNIVERSITY OF KANSAS FOR A PORTION OF SHEAHON ZENGER'S COMPENSATION. SCHEDULE J, PART I, LINE 4A CHARLES LONG $ 205,041 ROBERT IANELLO $ 309,166 A KANSAS DEVELOPMENT FINANCE AUTHORITY 481066589 485429P24 2014-06-26 41214438 SEE PART VI false false false A 0 0 41214438 2951113 0 40392335 800107 0 0 0 21996 0 2009 true true false true A false false true true false true 0.00850 0.00000 0.00850 false false false true A false true false false false false 0 true MBIA 20. true false true A true PART I, ROW A, COLUMN F REFINANCE 2004K AND 2008C ISSUES, ISSUED 12/7/2004 AND 7/23/2008, RESPECTIVELY PART II, LINE 11 THE $21,996 REPRESENTS UNSPENT FUNDS ORIGINALLY SET ASIDE OUT OF PROCEEDS FOR COSTS OF ISSUANCE. THESE UNSPENT FUNDS WERE TRANSFERRED INTO THE DEBT SERVICE FUND IN DECEMBER 2014 TO BE USED TOWARDS SUBSEQUENT DEBT SERVICE PAYMENTS. SEE SCHEDULE L PART V SCHEDULE L, PART IV (A) 1. KATIE KEATING 2. CHARLIE J. WEIS, JR. (B) 1. KATIE KEATING IS THE DAUGHTER OF LARRY KEATING 2. CHARLIE J. WEIS, JR. IS THE SON OF CHARLIE WEIS (C) 1. $33,548 2. $11,979 (D) 1. KATIE KEATING WAS EMPLOYED BY THE ORGANIZATION DURING THE FISCAL YEAR 2. CHARLIE J. WEIS, JR. WAS EMPLOYED BY THE ORGANIZATION DURING THE FISCAL YEAR (E) 1. NO 2. NO X 86 657589 IRS TAXABLE FRINGE X 114 1910 OPINIONS OF EXPERTS false true false SCHEDULE M, PART I, COLUMN B AMOUNTS ON SCHEDULE M, PART I, COLUMN B REPRESENT NUMBER OF CONTRIBUTIONS. FORM 990, PART III, LINE 1 Kansas Athletics operates intercollegiate athletic teams composed of students at the University of Kansas and schedules and manages intercollegiate athletic contests, all in harmony with and subject to the general educational policies of the University of Kansas and the Constitution of the National Collegiate Athletic Association. It provides scholarship opportunities, athletic training, student academic support services, strength and conditioning training, and athletic facilities for the student-athletes at the University. FORM 990, PART VI, SECTION A, LINE 2 Bernadette Gray-Little, Sheahon Zenger, Theresa Gordzica, Jeffrey Vitter, Susan Stagg-Williams, Tammara Durham, and Morgan Said are or were all key employees of KU and on KAI Board. FORM 990, PART VI, SECTION A, LINE 7A The Chancelor of the University of Kansas has the right to appoint one director and the Provost of the University of Kansas, Lawrence Campus has the right to appoint one director. FORM 990, PART VI, SECTION A, LINE 7B The Chancellor of the University of Kansas has ultimate responsibility and final authority for the conduct and administration of all aspects of the athletics program and the Chancellor may cause the corporation to proceed as he or she determines to be in the best interest of the athletics program and the University, notwithstanding decisions made by the Board of Directors. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM WITH ASSISTANCE FROM THE ORGANIZATION'S MANAGEMENT. THE AUDIT COMMITTEE AND THE BOARD OF DIRECTORS EACH REVIEW AND APPROVE THE FINAL DRAFT OF THE 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C Board of Directors, Officers, and key employees annually complete conflict of interest questionnaires. Questionnaires are reviewed by legal counsel and, if conflicts are identified, are brought to the Board of Directors for review. Restrictions that have been imposed by the Board have included limitations on discussions and votes concerning financial matters of the department in which the conflict has been identified and such actions are noted in the Board minutes. In addition, Directors, Officers, and Key Employees are required to immediately disclose any possible conflicts of interest that arise throughout the year. FORM 990, PART VI, SECTION B, LINES 15A & 15B The Compensation Committee, consisting of four members of the Board of Directors, meets annually to review/approve the annual salary of all officers, key employees, and other disqualified individuals, plus other meetings as needed throughout the year to address any mid-year salary adjustments, new contracts for selected head coaches, and other matters. The committee met two times during the year ended 6/30/2014. No member of the committee participates in the discussion of his/her own salary. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST, AND ITS FINANCIAL STATEMENTS AND IRS FORM 990 ARE POSTED ON ITS WEBSITE. FORM 990, PART VII, SECTION B, LINE 1 Services provided to the organization by the University of Kansas include facilities, technology, parking, and other administrative services. FORM 990, PART XI, LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT HANDLES THE OVERSIGHT OF THE AUDIT. FORM 990, PART XI, LINE 8 DURING 2014, THE CORPORATION DETERMINED THAT A PREVIOUSLY ESTABLISHED AGREEMENT WITH THE UNIVERSITY TO UTILIZE CERTAIN FACILITIES OWNED BY THE STATE MET THE CRITERIA OF A LEASE AGREEMENT UNDER ACCOUNTING STANDARDS CODIFICATION SECTION 840. UNDER THIS GUIDANCE, COSTS INCURRED FOR LEASEHOLD IMPROVEMENTS SHALL BE CAPITALIZED AND AMORTIZED OVER THE LIFE OF THE LEASE. PREVIOUSLY, THE CORPORATION HAD SHOWN ALL IMPROVEMENTS TO STATE OWNED ASSETS AS TRANSFERS TO THE UNIVERSITY IN THE YEAR THAT THE IMPROVEMENTS WERE MADE. THE 2013 CONSOLIDATED FINANCIAL STATEMENTS HAVE BEEN RESTATED TO REFELCT THE IMPROVEMENTS TO STATE PROPERTY AND ACCUMULATED AMORTIZATION INCURRED SINCE THE LEASE INCEPTION DATE. THIS CHANGE HAD NO TAX EFFECT. JAYHAWK TENNIS CENTER LLC 5200 CLINTON PARKWAY LAWRENCE KS 66047 271727240 TENNIS CLUB KS -187793 2764453 KAI UNIVERSITY OF KANSAS 1450 JAYHAWK BLVD LAWRENCE KS 66045 481124839 EDUCATION KS GOVERNMENT NA false UNIVERSITY OF KANSAS MEMORIAL CORPORATIO 1301 JAYHAWK BLVD LAWRENCE KS 66045 486033927 RETAIL KS 501(C)(3) 5 UNIV OF KS true UNIVERSITY OF KANSAS CENTER FOR RESEARCH 2385 IRVING HILL ROAD LAWRENCE KS 66045 480680117 ADMIN KS 501(C)(3) 5 UNIV OF KS true KU HEALTH PARTNERS INC 3901 RAINBOW BLVD KANSAS CITY KS 66160 481149398 HEALTHCARE KS 501(C)(3) 5 UNIV OF KS true KU MEDICAL CENTER RESEARCH INSTITUTE INC 3901 RAINBOW BLVD KANSAS CITY KS 66160 481108830 ADMIN KS 501(C)(3) 11A UNIV OF KS true KU CENTER FOR TECH COMMERCIALIZATION INC 3901 RAINBOW BLVD KANSAS CITY KS 66160 262838693 PATENTS KS 501(C)(3) 11A KUMCRI true KU MEDICAL CENTER RESEARCH PROPERTIES 3901 RAINBOW BLVD KANSAS CITY KS 66160 481172394 REAL ESTATE KS 501(C)(2) KUMCRI true STUDENT UNION CORP OF UNIV OF KS MED CTR 3901 RAINBOW BLVD KANSAS CITY KS 66160 480581966 RETAIL KS 501(C)(3) 9 UNIV OF KS true PRECEDE FUND LC 3901 RAINBOW BLVD KANSAS CITY KS 66160 481210094 INVESTMENT KS KUMCRI RELATED 0 0 false false 0.00000 false true true false false false false false false false false false true true true false false true false UNIVERSITY OF KANSAS MEMORIAL CORPORATION M 1484098 FMV