2015-05-11T08:00:03-05:00 2014-06-30 CROWE HORWATH LLP 10 WEST BROAD STREET SUITE 1700 COLUMBUS OH 432153713 990 2013-07-01 314379532 OTTERBEIN UNIVERSITY OTTE 6148231354 1 South Grove Street Westerville OH 43081 KATHY A KRENDL PRESIDENT 2015-05-07 true Rachel Spurlock P00520729 6144690001 2013 2016-03-07 17:11:31Z KATHY A KRENDL 1 South Grove Street Westerville OH 43081 175967560 false X WWW.OTTERBEIN.EDU X 1847 OH OTTERBEIN UNIVERSITY IS A PRIVATE, CHURCH-RELATED, COEDUCATIONAL UNIVERSITY THAT SPONSORS TRADITIONAL AND CONTINUING EDUCATION PROGRAMS OF LIBERAL ARTS AND PROFESSIONAL EDUCATION. 23 18 1930 319 -59435 -76825 5881279 5206312 87870032 88424418 1289165 17133282 930496 498836 95970972 111262848 30216283 31095296 0 0 37710062 39685664 134921 137280 1738642 23746302 24576140 91807568 95494380 4163404 15768468 214733883 225879043 51137423 49973441 163596460 175905602 X THE MISSION OF OTTERBEIN UNIVERSITY IS TO EDUCATE THE WHOLE PERSON IN A CONTEXT THAT FOSTERS THE DEVELOPMENT OF HUMANE VALUES (CONTINUED ON SCHEDULE O). false false 83752245 31095296 88781390 OTTERBEIN UNIVERSITY'S COMMITMENT IS TO THE LIBERAL ARTS AS THE BASE OF ALL LEARNING. THREE FEATURES CREATE A DISTINCTIVE LEARNING CULTURE: 1) FROM OUR FOUNDING OTTERBEIN HAS BEEN INTENTIONALLY INCLUSIVE OF WOMEN AND PERSONS OF COLOR; 2) OTTERBEIN'S GOVERNANCE SYSTEM INCLUDES STUDENTS AND FACULTY IN DECISION-MAKING THROUGH A SINGLE COLLEGE SENATE; AND 3) INTERDISCIPLINARY EXPERIENCES THROUGH INTEGRATIVE STUDIES (STUDY OF WORLD CULTURE TO UNDERSTAND HUMAN NATURE AND OUR PLACE IN THE UNIVERSE) AND THE SENIOR YEAR EXPERIENCE (CONNECTING MAJORS TO AN INTERDISCIPLINARY EXPERIENCE). THE AUTUMN TERM ENROLLMENT FOR 2013-2014 WAS 2,919, CONSISTING OF 2,479 UNDERGRADUATE STUDENTS AND 440 GRADUATE STUDENTS. 525 STUDENTS RECEIVED BACHELORS DEGREES AND 100 RECEIVED MASTERS DEGREES IN 2013-2014. THE UNIVERSITY BELIEVES THAT LIVING ON CAMPUS SUPPORTS THE MISSION OF EDUCATING THE WHOLE PERSON BY PROVIDING STUDENTS WITH OPPORTUNITIES TO BUILD RELATIONSHIPS WITH PEOPLE FROM DIVERSE BACKGROUNDS AND TO ACTIVELY PARTICIPATE IN CAMPUS LIFE. (CONTINUED IN SCHEDULE O). 83752245 true true false false false false false false true true false false false true true true false true true true false true true false false false true true true true false false false false false false true false true false true false false false false true false false false false true 4148 0 true 1930 true true true false false false false false true 4 false false false X 23 18 false false false false false false false true false false false true true true true true true true true false X Anne Krieger 6148231040 1 South Grove St Westerville OH 430812006 ALEC WIGHTMAN SECRETARY 2.00 X X 0 0 0 CHERYL L HERBERT ASST. SECRETARY 2.00 X X 0 0 0 KATHY A KRENDL PRESIDENT OF THE UNIVERSITY 50.00 X X 317300 0 79528 MARK R THRESHER CHAIRMAN 2.00 X X 0 0 0 PEGGY M RUHLIN VICE CHAIRMAN 2.00 X X 0 0 0 WILLIAM E HARRELL JR VICE CHAIRMAN 2.00 X X 0 0 0 AL WATERHOUSE TRUSTEE 2.00 X 0 0 0 BRUCE MANDEVILLE TRUSTEE AND PROFESSOR 50.00 X 61477 0 13389 CHRISTINA KIRK TRUSTEE AND PROFESSOR 50.00 X 78310 0 25775 CHRISTOPHER KAISER TRUSTEE 2.00 X 0 0 0 DAVID FISHER TRUSTEE 2.00 X 0 0 0 DEBORAH E CURRIN TRUSTEE 2.00 X 0 0 0 JAMES RUTHERFORD TRUSTEE 2.00 X 0 0 0 JOHN T HUSTON TRUSTEE 2.00 X 0 0 0 JOSEPH IGNAT TRUSTEE 2.00 X 0 0 0 KENT D STUCKEY TRUSTEE 2.00 X 0 0 0 LARRY C BROWN TRUSTEE 2.00 X 0 0 0 LUIS M ALCALDE TRUSTEE 2.00 X 0 0 0 MADELEINE HOLMES TRUSTEE AND STUDENT 2.00 X 1465 0 0 MARY F HALL TRUSTEE 2.00 X 0 0 0 NEVALYN FRITSCHE-NEVIL TRUSTEE 2.00 X 0 0 0 NICOLE SHERBAHN TRUSTEE AND STUDENT 2.00 X 1201 0 0 REBECCA PRINCEHORN TRUSTEE 2.00 X 0 0 0 REBECCA VAZQUEZ SKILLINGS VP OF BUSINESS AFFAIRS 50.00 X 156687 0 31329 BARBARA SCHAFFNER DEAN OF PROFESSIONAL STUDIES 50.00 X 138094 0 14122 HEIDI TRACY VP FOR INSTITUTIONAL ADVANCEMENT 50.00 X 159805 0 16617 JEFFERSON BLACKBURN SMITH VICE PRESIDENT OF ENROLLMENT MANAGEMENT 50.00 X 145293 0 46225 ROBERT M GATTI VP FOR STUDENT AFFAIRS 50.00 X 147429 0 33304 VICTORIA MCGILLIN PROVOST & VP OF ACAD. AFFAIRS 50.00 X 152178 0 24332 1359239 0 284621 15 false true false ABM JANITORIAL SERVICES 510 E WILSON BRIDGE RD WORTHINGTON OH 43085 CLEANING SERVICE 715219 ELLUCIAN 4375 FAIR LAKES CT FAIRFAX VA 22030 REMOTE SOFTWARE HOSTING 430364 TETRA TECH 661 ANDERSON DRIVE PITTSBURGH PA 15220 PROFESSIONAL SERVICES 426199 OHIOHEALTHWORKHEALTH DEPT L-3234 COLUMBUS OH 432603234 HEALTHCARE SERVICES 154609 RUFFALO CODY 65 KIRKWOOD NORTH ROAD SW CEDAR RAPIDS IA 524063018 PROFESSIONAL FUNDRAISING SERVICE 137561 7 6642 1425323 3774347 354645 5206312 TUITION AND FEES 900099 76474620 76474620 RESIDENCE HALLS 721310 6191993 6191993 DINING SERVICES 722210 4689300 4689300 ORGANIZED ACTIVITIES 611710 113071 113071 OTHER AUXILIARY SERVICES 611710 791023 791023 164411 164411 0 0 88424418 1438456 -71650 1510106 498 498 0 242429 112780 129649 0 129649 129649 80286260 64591932 15694328 0 15694328 15694328 0 0 0 EXTERNAL PRINTING 611710 12215 12215 MISC 611710 356972 356972 0 0 0 0 0 369187 111262848 88781390 -59435 17334581 7000 7000 31055736 31055736 32560 32560 0 867567 199881 589991 77695 33648 33648 30402976 25952576 3604996 845404 1635878 1416207 177661 42010 4587289 3089565 1433584 64140 2158306 1844026 257707 56573 0 187811 44121 143690 84507 84507 0 137280 137280 131445 131445 8152941 7407279 633689 111973 534342 80280 435230 18832 3955084 3372987 502843 79254 1459810 1065945 351493 42372 0 1629266 720685 760953 147628 1317028 1275895 37698 3435 0 801195 617484 131689 52022 1713875 1670180 43695 0 3704574 3348536 297586 58452 682678 464949 217729 BAD DEBTS & COLLECTIONS COSTS 220012 52705 167307 SR SHOWCASE EXP 1572 1572 0 0 0 0 95494380 83752245 10003493 1738642 0 561 400 21281426 24676384 1730678 1874237 3403641 1150982 0 0 0 0 3117936 2946167 1136196 1198982 144055961 55035757 89953969 89020204 79818113 91863396 11180990 9869129 0 0 3110373 3279162 214733883 225879043 6061138 7086504 2698135 1833506 39963549 38626533 0 0 2414601 2426898 51137423 49973441 X 102110638 106183734 30966576 37996922 30519246 31724946 163596460 175905602 214733883 225879043 X 15768468 -3485980 0 26654 X false true X true true true X 6088032 3472104 6524704 5881279 5206312 27172431 0 0 6088032 3472104 6524704 5881279 5206312 27172431 3867852 23304579 1299048 1395429 1317548 1315296 1681383 7008704 12858 18021 17241 11866 12215 72201 143345 423412 262344 804147 356972 1990220 36243556 423083501 0.64300 X Schedule A, Part II, Line 10, Other Income DESCRIPTION - MISC INCOME , COLUMN A - 138412, COLUMN B - 163161, COLUMN C - 262344, COLUMN D - 372076, COLUMN E - 356972, COLUMN F - 1292965; DESCRIPTION - SPECIAL EVENT INCOME, COLUMN A - 4933, COLUMN B - 10251, COLUMN C - 0, COLUMN D - 5010, COLUMN E - 0, COLUMN F - 20194; DESCRIPTION - GVT SETTLEMENTS, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - 427061, COLUMN E - , COLUMN F - 427061; DESCRIPTION - INSURANCE PROCEEDS, COLUMN A - , COLUMN B - 250000, COLUMN C - , COLUMN D - , COLUMN E - , COLUMN F - 250000; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 85566563 995840 12689777 1410571 1841963 95999646 77610405 1831623 8933448 1287881 1521032 85566563 79410456 5265233 -4337671 1243004 1484609 77610405 61307026 6692166 14314136 1285566 1617306 79410456 55465267 699058 7634457 1168110 1323646 61307026 0.44120 0.30300 0.25580 false false 8741225 8741225 94851696 29056725 65794971 13257765 6467356 6790409 23275194 17901446 5373748 3930081 1610230 2319851 89020204 0 ANNUITIES AND TRUSTS PAYABLE 366240 DEPOSITS 164202 ADVANCES FROM FEDERAL GOVERNMENT & STUDENT LOANS 1896456 2426898 X 76696560 -3485980 139434 -3346546 80043106 131445 31088297 31219742 111262848 64387418 112780 112780 64274638 131445 31088297 31219742 95494380 Schedule D, Part V, Line 4, Intended uses of endowment funds THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 400 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. SPECIFICALLY, THESE PURPOSES INCLUDE PROVIDING SCHOLARSHIPS TO STUDENTS TO ATTEND THE UNIVERSITY AS WELL AS SUPPORTING THE PROGRAMS AND ACTIVITIES OF THE UNIVERSITY. Schedule D, Part X, Line 2, FIN 48 (ASC 740) footnote THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE. FOR THE YEARS ENDED JUNE 30, 2014 AND 2013, THE UNIVERSITY HAD NO TAX EXPENSE WITH REGARD TO UNRELATED BUSINESS INCOME. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PRESCRIBES 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, 2014 AND 2013. 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 YEARS ENDED JUNE 30, 2014 AND 2013. WITH A FEW EXCEPTIONS, THE UNIVERSITY IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2009. THE UNIVERSITY DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. Schedule D, Part XI, Line 2d, Other revenues in audited financial statements not in form 990 RENTAL EXPENSE - 112780; CHANGE IN VALUE OF SPLIT INTEREST TRUSTS - -36138; UNREALIZED GAIN/LOSS ON PERPETUAL TRUST HELD BY OTHERS - 62792; Schedule D, Part XI, Line 4b, Other revenues in form 990 not in audited financial statements UNFUNDED SCHOLARSHIPS AND GRANTS IN AID - 29265817; FUNDED SCHOLARSHIPS - 1822480; Schedule D, Part XII, Line 2d, Other expenses in audited financial statements not in form 990 RENTAL EXPENSE - 112780; Schedule D, Part XII, Line 4b, Other expenses in form 990 not in audited financial statements UNFUNDED SCHOLARSHIPA AND GRANTS IN AID - 29265817; FUNDED SCHOLARSHIPS - 1822480; true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3, Racially nondiscriminatory policy ADVERTISEMENTS PLACED IN LOCAL NEWSPAPERS ANNOUNCING REGISTRATION DATES AND PROGRAMS INCLUDE A SUMMARY STATEMENT OF THE UNIVERSITY'S NONDISCRIMINATION POLICY. Schedule E, Part I, Line 6a, Financial aid or assistance from a governmental agency THE UNIVERSITY RECEIVES FUNDING FROM THE FEDERAL GOVERNMENT FOR STUDENT FEDERAL WORK-STUDY AND FEDERAL OPPORTUNITY GRANTS. THE UNIVERSITY ALSO PARTICIPATES IN THE PERKINS LOAN PROGRAM. IN ADDITION, STUDENTS AT OTTERBEIN MAY RECEIVE GRANTS OR LOANS THROUGH THE FEDERAL PELL GRANT, FEDERAL STAFFORD LOAN AND FEDERAL PLUS PROGRAMS OR THROUGH SIMILAR STATE PROGRAMS. true CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES STUDY ABROAD-TRAVEL COURSE 32455 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 PROGRAM SERVICES STUDY ABROAD-TRAVEL COURSE 100460 SOUTH AMERICA 0 0 PROGRAM SERVICES STUDY ABROAD-TRAVEL COURSES 37706 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 23852000 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 GRANTMAKING 15800 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTMAKING 2000 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING 14760 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES STUDY ABROAD-TRAVEL COURSE 19118 0 0 24074299 SCHOLARSHIP EAST ASIA AND THE PACIFIC 4 14760 ACCOUNT CREDIT SCHOLARSHIP EUROPE (INCLUDING ICELAND AND GREENLAND) 5 15800 ACCOUNT CREDIT SCHOLARSHIP CENTRAL AMERICA AND THE CARIBBEAN 1 2000 ACCOUNT CREDIT true false true true false false Schedule F, Part I, Line 2, Procedures for monitoring use of grant funds THE UNIVERSITY PROVIDES SCHOLARSHIPS AND FINANCIAL AID TO OFFSET THE COST OF TUITION AND LIVING EXPENSES FOR STUDENTS. THESE FUNDS ARE AWARDED THROUGH THE UNIVERSITY'S FINANCIAL AID OFFICE BASED ON A COMBINATION OF MERIT AND NEED AND ARE DISBURSED DIRECTLY TO THE STUDENT'S BILLING ACCOUNT WITH THE UNIVERSITY. IN CERTAIN CASES, STUDENTS WHO ARE PARTICIPATING IN TRAVEL AND STUDY AS PART OF ACADEMIC COURSE WORK MAY BE ABLE TO WITHDRAW SOME OF THOSE FUNDS TO USE TO COVER EXPENSES ASSOCIATED WITH THE OFF-CAMPUS STUDY. Schedule F, Part I, Line 3, Method to account for expenditures on org.'s financial statements CENTRAL AMERICA AND THE CARIBBEAN: ACCRUAL EAST ASIA AND THE PACIFIC: ACCRUAL EUROPE (INCLUDING ICELAND AND GREENLAND): ACCRUAL MIDDLE EAST AND NORTH AFRICA: ACCRUAL SOUTH AMERICA: ACCRUAL Schedule F, Part III, Method used to account for grants on organization's financial statements CENTRAL AMERICA AND THE CARIBBEAN: ACCRUAL EAST ASIA AND THE PACIFIC: ACCRUAL EUROPE (INCLUDING ICELAND AND GREENLAND): ACCRUAL Schedule F, Part I, Line 3, Method to account for expenditures on org.'s financial statements CENTRAL AMERICA AND THE CARIBBEAN: ACCRUAL EAST ASIA AND THE PACIFIC: ACCRUAL EUROPE (INCLUDING ICELAND AND GREENLAND): ACCRUAL MIDDLE EAST AND NORTH AFRICA: ACCRUAL SOUTH AMERICA: ACCRUAL Schedule F, Part III, Method used to account for grants on organization's financial statements CENTRAL AMERICA AND THE CARIBBEAN: ACCRUAL EAST ASIA AND THE PACIFIC: ACCRUAL EUROPE (INCLUDING ICELAND AND GREENLAND): ACCRUAL X X X X X X X true RUFFALOCODY 65 KIRKWOOD NORTH ROAD SW CEDAR RAPIDS IA 524063018 FUNDRAISING-PHONE SOLICITATIONS false 328896 137280 191616 328896 137280 191616 OH SCHEDULE G, PART I, SCHEDULE G, PART I, LINE 2 IF RUFFALO CODY PROCESSES ANY PRINTING, MAILING OR SHIPPING AT THE REQUEST OF OTTERBEIN UNIVERSITY, THEN ALL DIRECT COSTS INCURRED BY RUFFALO CODY IN CONNECTION WITH SUCH ACTIVITIES WILL BE REIMBURSED BY OTTERBEIN UNIVERSITY. THE SERVICE CONTRACT DOES NOT INCLUDE AN ESTIMATE OF REIMBURSED COSTS IN ITS FEE. true SCHOLARSHIPS AND GRANTS FOR TUITION 2259 31055736 0 N/A N/A Schedule I, Part I, Line 2, Procedures for monitoring use of grant funds THE MAJORITY OF GRANTS AND ASSISTANCE PROVIDED BY THE UNIVERSITY IS IN THE FORM OF SCHOLARSHIPS AND FINANCIAL AID TO OFFSET THE COST OF TUITION, ROOM AND BOARD FOR ITS STUDENTS. THESE FUNDS ARE AWARDED THROUGH THE COLLEGE'S FINANCIAL AID OFFICE BASED ON A COMBINATION OF MERIT AND NEED AND ARE DISBURSED DIRECTLY TO THE STUDENT'S BILLING ACCOUNT WITH THE COLLEGE. IN ADDITION, THE COLLEGE MAKES A LIMITED NUMBER OF GRANTS TO OTHER ORGANIZATIONS. THE UNIVERSITY'S GRANTS OFFICE MONITORS GRANTS MADE TO OTHER ORGANIZATIONS TO ENSURE FUNDS ARE USED FOR THEIR INTENDED PURPOSE. X X true true X X X X false false false false false false false false false VICTORIA MCGILLIN PROVOST & VP OF ACAD. AFFAIRS 151122 0 0 0 1056 0 7905 0 16427 0 176510 0 0 0 REBECCA VAZQUEZ SKILLINGS VP OF BUSINESS AFFAIRS 156447 0 0 0 240 0 8242 0 23087 0 188016 0 0 0 BARBARA SCHAFFNER DEAN OF PROFESSIONAL STUDIES 137062 0 0 0 1032 0 13195 0 927 0 152216 0 0 0 HEIDI TRACY VP FOR INSTITUTIONAL ADVANCEMENT 159445 0 0 0 360 0 8104 0 8513 0 176422 0 0 0 JEFFERSON BLACKBURN SMITH VICE PRESIDENT OF ENROLLMENT MANAGEMENT 144741 0 0 0 552 0 21741 0 24484 0 191518 0 0 0 ROBERT M GATTI VP FOR STUDENT AFFAIRS 146397 0 0 0 1032 0 15371 0 17933 0 180733 0 0 0 KATHY A KRENDL PRESIDENT OF THE UNIVERSITY 313257 0 0 0 4043 0 31000 0 48528 0 396828 0 0 0 Schedule J, Part I, Line 1a, Housing allowance or residence for personal use THE UNIVERSITY PROVIDES THE PRESIDENT WITH HOUSING. AS PROVIDED UNDER IRC SEC. 119(D), THIS BENEFIT HAS NOT BEEN TREATED AS TAXABLE COMPENSATION. Schedule J, Part I, Line 1a, Personal services CLEANING SERVICES ARE PROVIDED FOR THE PRESIDENT'S HOUSE. NO PART OF THE BENEFIT WAS TREATED AS TAXABLE COMPENSATION. A STATE OF OHIO HIGHER ED FACILITY COMMISSION (2005) 346849674 67756BQE3 2005-11-09 13257941 STUDENT HOUSING false false false B STATE OF OHIO HIGHER ED FACILITY COMMISSION (2007) 346849674 67756BUZ1 2007-08-23 11254836 STUDENT HOUSING false false false C STATE OF OHIO HIGHERED FACILITY COMMISSION (2008) 346849674 67756BWN6 2008-07-09 21140144 EDUCATIONAL FACILITIES false false false A 1990000 0 13760728 0 0 0 173420 141322 0 13445986 0 0 2007 false false true true B 1225000 0 11358549 0 0 0 164093 90742 0 11103714 0 0 2008 false false true true C 3775000 0 21262800 1200969 0 0 216075 23100 0 17122656 2700000 0 2009 true false true true A false false true false false 0.00300 0.00000 0.00300 false false true B false false true false false 0.00300 0.00000 0.00300 false false true C false false true false false 0.00400 0.00000 0.00400 false false true A false false false true false false false false true B false true false false false false true C false true true false 0.0 false 0.0 false true A true B true C true SCHEDULE K, PART II, LINE 3, TOTAL PROCEEDS OF 2005 BOND ISSUE TOTAL PROCEEDS OF ISSUE REPORTED ON PART II, LINE 3 IS EQUAL TO PART I, COLUMN (E) ISSUE PRICE OF $13,257,941 AND INVESTMENT EARNINGS OF $502,787. SCHEDULE K, PART II, LINE 3, TOTAL PROCEEDS OF 2007 BOND ISSUE TOTAL PROCEEDS OF ISSUE REPORTED ON PART II, LINE 3 IS EQUAL TO PART I, COLUMN (E) ISSUE PRICE OF $11,254,836 AND INVESTMENT EARNINGS OF $103,713. SCHEDULE K, PART II, LINE 3, TOTAL PROCEEDS OF 2008 BOND ISSUE TOTAL PROCEEDS OF ISSUE REPORTED ON PART II, LINE 3 IS EQUAL TO PART I, COLUMN (E) ISSUE PRICE OF $21,140,144 AND INVESTMENT EARNINGS OF $122,656. SCHEDULE K, PART IV, LINE 2C, REBATE COMPUTATION FOR THE 2007 AND 2008 BOND ISSUES ALL FUNDS WERE EXPENDED PRIOR TO ANY ARBITRAGE ACCUMULATION. SCHEDULE K, PART IV, LINE 2C, STATE OF OHIO HIGHER ED FACILITY COMMISSION (2005) THE CALCULATION FOR COMPUTING NO REBATE DUE WAS PERFORMED ON 8/9/2011. SEE SCHEDULE PART V 28840 FINANCIAL AID TUITION ASSISTANCE MARK SKILLINGS SPOUSE OF REBECCA VAZQUEZ-SKILLINGS, OFFICER OF THE UNIVERSITY 18448 EMPLOYMENT FOR TEACHING false RICHARD GILBERT SPOUSE OF KATHY KRENDL, UNIVERSITY PRESIDENT 15200 EMPLOYMENT FOR TEACHING false SCHEDULE L, PART III, GRANTS OR ASSISTANCE BENEFITING INTERESTED PERSONS COLLEGES, UNIVERSITIES, AND PRIMARY AND SECONDARY SCHOOLS ARE ARE NOT REQUIRED TO IDENTIFY INTERESTED PERSONS TO WHOM THEY PROVIDED SCHOLARSHIPS, FELLOWSHIPS, AND SIMILAR FINANCIAL ASSISTANCE. PURSUANT TO THE INSTRUCTIONS TO FORM 990, SCH L, PART III, COLUMNS (A) AND (B) HAVE BEEN LEFT BLANK. THE DISCOUNTED TUITION WAS PROVIDED TO STUDENT TRUSTEES AND/OR DEPENDENTS OF UNIVERSITY EMPLOYEES WHO ARE ALSO LISTED AS "INTERESTED PERSONS" ON SCHEDULE VII. X SPORTS EQUIPMENT & FLOORING 1 354645 OPINIONS OF EXPERTS 16 false true false Schedule M, part I, column (b), Line other, Number of contributions or items contributed. OTHER=SPORTS EQUIPMENT & FLOORING : FORM 990, PART III, LINE 1, STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS (CONTINUED FROM CORE FORM PART III, LINE 1) FOUNDED IN 1847, OTTERBEIN UNIVERSITY IS A PRIVATE, COEDUCATIONAL, COMPREHENSIVE UNIVERSITY AFFILIATED WITH THE UNITED METHODIST CHURCH THAT SPONSORS TRADITIONAL AND CONTINUING EDUCATION PROGRAMS OF LIBERAL ARTS AND PROFESSIONAL EDUCATION AT BACCALAUREATE AND MASTER'S LEVELS. OUR COMMITMENT IS TO THE LIBERAL ARTS AS THE BROAD BASE OF ALL LEARNING. THE UNIVERSITY OFFERS A CHOICE OF 81 MAJORS AND 44 MINORS, AS WELL AS INDIVIDUALIZED COURSES OF STUDY, IN THE CONTEXT OF A RICH HISTORY OF A LIBERAL ARTS EDUCATION. THE UNIVERSITY HAS 8 GRADUATE PROGRAMS IN BUSINESS ADMINISTRATION, EDUCATION, EDUCATIONAL MATHEMATICS, NURSING AND ALLIED HEALTH. FORM 990, PART III, LINE 4A, PROGRAM SERVICE DESCRIPTION (CONTINUED FROM FORM 990, PART III, LINE 4A). TO ACHIEVE THESE GOALS THE UNIVERSITY PROVIDES RESIDENCE HALLS WHICH CONTAIN LIVING QUARTERS TO ACCOMMODATE 1-4 PEOPLE AND HAVE LOUNGES, COMPUTER LABS AND ON-SITE LAUNDRY FACILITIES. 60% OF TRADITIONAL AGED STUDENTS LIVED IN CAMPUS HOUSING IN 2013-2014. IN SUPPORT OF THE WELL BEING OF THE STUDENTS LIVING ON CAMPUS AND THOSE COMMUTING TO CLASSES, THE UNIVERSITY PROVIDES SEVERAL MEAL AND DINING OPTIONS. THE UNIVERSITY BELIEVES THAT TO SUPPORT ITS MISSION, IT IS IMPORTANT FOR STUDENTS TO MAINTAIN GOOD HEALTH WITH PROPER NOURISHMENT. Form 990, Part VI, Sec A, Line 8b, Documentation of meetings held by committees of governing body THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. AS SUCH, THE ORGANIZATION HAS CHECKED "NO" TO FORM 990, PART VI, LINE 8B, IN ACCORDANCE WITH THE INSTRUCTIONS. Form 990, Part VI, Sec B, Line 11b, Review of form 990 by governing body THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES AND THE PRESIDENT OF THE UNIVERSITY REVIEWED THE COMPLETED FORM 990 IN DETAIL PRIOR TO FILING WITH THE IRS. THE ENTIRE BOARD OF TRUSTEES IS GIVEN ACCESS TO THE FILING COPY PRIOR TO FILING WITH THE IRS. Form 990, Part VI, Sec B, Line 12c, Conflict of interest policy ALL BOARD MEMBERS AND OFFICERS SIGN A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY. STAFF IN THE PRESIDENT'S OFFICE REVIEW THE SIGNED FORMS FOR COMPLETENESS AND DISCLOSURE OF CONFLICTS. ANY MEMBER WHO HAS A CONFLICT OF INTEREST RECUSES HIMSELF OR HERSELF FROM THE DISCUSSION AND VOTING OF THE RELATED TOPICS AT BOARD MEETINGS. ALL INTERESTED PERSONS, INCLUDING BOARD MEMBERS, OFFICERS, KEY EMPLOYEES AND HIGHLY COMPENSATED INDIVIDUALS ALSO COMPLETE AN ANNUAL QUESTIONNAIRE REGARDING POTENTIAL CONFLICTS WHICH MIGHT EXIST. THE RESPONSES TO THIS QUESTIONNAIRE ARE REVIEWED BY THE OFFICE OF BUSINESS AFFAIRS. THE EMPLOYEE HANDBOOK HAS A CONFLICT OF INTEREST STATEMENT THAT COVERS ALL EMPLOYEES OF THE UNIVERSITY. Form 990, Part VI, Sec B, Line 15a, Process to establish compensation of top management official THE BOARD OF TRUSTEES IS RESPONSIBLE FOR SETTING COMPENSATION FOR THE PRESIDENT. THE BOARD REVIEWED AND APPROVED THE LEVEL OF COMPENSATION FOR THE CURRENT PRESIDENT BASED ON VARIOUS FACTORS, INCLUDING THE REVIEW OF PRESIDENTIAL COMPENSATION PACKAGES AT COMPARABLE INSTITUTIONS AND REVIEW OF THE MARKET FOR CANDIDATES WITH SIMILAR LEVELS OF EXPERTISE AS THE CANDIDATE. BOARD REVIEW AND APPROVAL OF THE COMPENSATION FOR THE CURRENT PRESIDENT IS DOCUMENTED IN THE MINUTES OF THE BOARD MEETING. THIS PROCESS IS COMPLETED EACH YEAR. THE EXECUTIVE COMMITTEE OF THE BOARD, IN COORDINATION WITH THE PRESIDENT, ESTABLISHES PERFORMANCE GOALS FOR EACH ANNUAL PERIOD; COMPENSATION INCREASES ARE TIED TO ANNUAL PERFORMANCE REVIEWS. Form 990, Part VI, Sec B, Line 15b, Process to establish compensation of other employees THE UNIVERSITY HAS CONDUCTED A COMPREHENSIVE COMPENSATION STUDY FOR ALL OTHER EMPLOYEES AND WILL DO SO ANNUALLY. THE PRESIDENT SETS COMPENSATION FOR VICE PRESIDENTS USING THE COMPENSATION STUDY, OTHER INDUSTRY COMPENSATION COMPILATIONS AND COMPARING SIMILARLY SITUATED INSTITUTIONS. THIS PROCESS IS COMPLETED ANNUALLY. Form 990, Part VI, Sec C, Line 19, Required documents available to the public FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. Form 990 , Part XI, Line 9, Other changes in net assets or fund balances UNREALIZED GAIN/LOSS ON PERPETUAL TRUSTS HELD BY OTHERS - 62792; CHANGE IN VALUE OF SPLIT INTEREST TRUSTS - -36138; CHARITABLE REMAINDER TRUSTS (4) BENEFICIAL TRUST OH NA TRUST false false false false false false false false false false false false false false false false false false false