2015-02-10T10:06:22-06:00 2014-06-30 KPMG LLP 1212 North 96th Street Suite 300 Omaha NE 68114 990 2013-07-01 470376525 Hastings College % TONY BEATA HAST 4024613700 710 N TURNER AVE Suite HASTINGS NE 689017696 Gary Freeman CFO 4026618742 2015-02-09 true DONALD NEAL JR P00798244 4026618742 2013 2016-03-07 17:11:31Z GARY FREEMAN 710 N TURNER AVE HASTINGS NE 689017696 50264844 false X www.hastings.edu X 1882 NE HASTINGS COLLEGE IS A PRIVATE, CO-EDUCATION, RESIDENTIAL, LIBERAL ARTS COLLEGE FOUNDED IN 1882. 27 27 877 0 0 12433863 7158247 30855594 32195119 6978783 9440812 148418 448040 50416658 49242218 13985715 15757714 0 0 16141754 16785583 0 0 1572010 11213045 11334484 41340514 43877781 9076144 5364437 126464899 131136160 17070012 16376836 109394887 114759324 X HASTINGS COLLEGE IS A PRIVATE, CO-EDUCATION, RESIDENTIAL, LIBERAL ARTS COLLEGE FOUNDED IN 1882. false false 41536099 15757714 32711705 Founded in 1882, Hastings College is widely respected for its broad and innovative curriculum, commitment to servant-leadership and managerial integrity. The college confers Bachelor of Arts, Bachelor of Music and Master of Arts in teaching degrees. The College has a highly qualified and national caliber faculty, the vast majority of whom hold the highest degree offered in their field. Three members of the Hastings College faculty have been named Nebraska Professor of the Year by the Carnegie Foundation for the Advancement of Teaching. Dedicated to fostering a culture of evidence and assessment, Hastings College continually measures student learning and student satisfaction. The College participates in a number of student satisfaction national surveys. Intellectually driven and socially conscious, Hastings College students have, since 2004, served more than 100,000 hours locally and in places across the United States and around the world. For three consecutive years, the College has been named to the President's Higher Education Community Service Honor Roll. Lanning Memorial Hospital in Hastings collaborates with Hastings College to provide 60 hours of training in radiologic technology to be applied toward a Bachelor of Arts Degree in Health Technology. 41536099 true true false true false false true false false true true false false false true true false true true false false false false false false false false false true true true false false false false false false false false false false true false false false false true true true false false true 101 0 true 877 true false false false false false false false false false false X 27 27 true false false false false false false true true false false true true true true false false false false false X TONY BEATA 4024617300 710 N TURNER AVE HASTINGS NE 689017621 X KRISTIN ALLEN TRUSTEE 1.0 0.0 X CLAYTON ANDERSON TRUSTEE 1.0 0.0 X WILLIAM BARRETT TRUSTEE 1.0 0.0 X JAMES CREIGH TRUSTEE 1.0 0.0 X JT DAUGHERTY TRUSTEE 1.0 1.0 X KIM DINSDALE TRUSTEE 1.0 0.0 X HAROLD DITTMER CHAIRMAN OF THE BOARD 5.0 1.0 X X LYLE FLEHARTY TRUSTEE 1.0 0.0 X BRUCE GULLIVER SECRETARY 3.0 0.0 X X MARK HERBEK TRUSTEE 1.0 0.0 X JOHN HEWITT TRUSTEE 1.0 0.0 X CALVIN JOHNSON TRUSTEE 1.0 0.0 X PAUL KRIEGER TRUSTEE 1.0 0.0 X WILLIAM LANGFORD JR TRUSTEE 1.0 0.0 X RICHARD LOUTZENHEISER TRUSTEE 1.0 0.0 X WILLIAM MARSHALL III TRUSTEE 1.0 0.0 X JESSICA MEESKE TRUSTEE 1.0 0.0 X MICHAEL MODDY TRUSTEE 1.0 0.0 X RICK MOORE TRUSTEE 1.0 0.0 X GLEN MOSS VICE CHAIR 3.0 0.0 X X WILLIAM NOTTAGE-TACEY TRUSTEE 1.0 0.0 X JUSTIN OSBORNE TRUSTEE 1.0 0.0 X RHONDA PAULEY TRUSTEE 1.0 0.0 X ROLAND PENNER TRUSTEE 1.0 0.0 X RUDY THOMAS TRUSTEE 1.0 0.0 X ROBERT UNGER TRUSTEE 1.0 0.0 X DOUGLAS USHER TRUSTEE 1.0 0.0 X PHILLIP WERNER JR TRUSTEE 1.0 0.0 X GORDON WHITTEN JR TRUSTEE 1.0 0.0 X GARY FREEMAN CFO 20.0 20.0 X X 105696 0 15616 DONALD JACKSON PRESIDENT 32.0 8.0 X X 180858 0 17470 GARY JOHNSON VPAA 40.0 0.0 X X 136949 0 21961 GILBERT HINGA VP STUDENT AFFAIRS 40.0 0.0 X X 125167 0 25247 STEVE HUTCHINSON CIO 40.0 0.0 X 94947 13824 JERRY SCHMUTTE VP OF ATHLETICS 40.0 0.0 X 107312 0 12785 SUSAN MEESKE ASSOCIATE VP OF MKT AND COMM 40.0 0.0 X 119551 0 21200 PHILLIP DUDLEY President Emeritus 0.0 20.0 X 140263 0 14634 DENNIS TROTTER OUTGOING PRESIDENT OF COLLEGE 0.0 0.0 X 278437 0 33675 KAY LANGSETH OUTGOING VP FINANCE AND ADMIN 0.0 0.0 X 141435 0 13522 1430615 0 189934 9 true true false FARRIS CONSTRUCTION CO INC PO BOX 2046 HASTINGS NE 68901 CONSTRUCTION 556665 TACKARCHITECTS INC 1111 N 13TH STREET OMAHA NE 68102 ARCHITECT 297851 TRANS TEXAS TENNIS LTD 5212 WERNER HOUSTON TX 77022 CONSTRUCTION 166528 GREAT PLAINS COMMUNICATIONS NETLINK BLAIR NE 68008 TECHNOLOGY 138298 KPMG LLP DEPT 0970 DALLAS TX 753120970 AUDITING AND TAX 131565 9 747498 284431 6126318 261370 7158247 TUITION AND FEES 900099 26308758 26308758 SALES AND SERVICES OF AUXILIARY ENTERPRISES 900099 5886361 5886361 32195119 10285474 10285474 0 0 96918 165464 -68546 0 -68546 -68546 12500 857162 -844662 -844662 -844662 0 0 0 OTHER REVENUE 900099 516586 516586 516586 49242218 32711705 9372266 0 15757714 15757714 0 0 390388 157694 97597 135097 0 12044565 11272803 127657 644105 666451 602549 13254 50648 2832057 2607436 47158 177463 852122 776673 15840 59609 0 131022 131022 110815 110815 4350 4350 0 0 0 96114 72589 96 23429 1912469 1740702 9870 161897 154686 154686 0 1441269 1435159 3155 2955 1255313 1111930 21015 122368 0 78471 76627 1844 396806 396806 0 2164971 2164971 442355 419639 22716 CONTRACT FOOD SERVICES 965796 965796 CONTRACTED SERVICES 1112802 869123 68455 175224 COST OF GOODS SOLD 488926 488926 OTHER EXPENSES 578319 464276 96672 17371 43877781 41536099 769672 1572010 0 0 3289759 415183 0 1650000 0 0 0 0 0 0 1144486 406142 726171 633992 0 0 71574605 27405241 43094515 44169364 76391005 81873944 0 0 0 0 0 0 1818963 1987535 126464899 131136160 2829169 3752053 0 0 0 175711 9255000 8920000 0 0 0 0 0 0 0 0 4985843 3529072 17070012 16376836 X 32655440 27850673 19011630 25937023 57727817 60971628 109394887 114759324 126464899 131136160 5364437 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false true 4350 false false false 4350 false Schedule C, Part II-B, Line 1F HASTINGS COLLEGE PAID DUES TO A PROFESSIONAL ORGANIZATION, OF WHICH A PERCENTAGE OF THE DUES WERE USED FOR LOBBYING. X 1 1 1 false true 57529801 3197481 33499 -12831 60773612 49570542 7927549 27709 -4001 57529801 41979533 7573225 11468 -6316 49570542 38562501 3416117 915 41979533 37415661 1133287 826 -12727 38562501 1.00000 false false 1118864 1118864 52785197 18621870 34163327 4313153 1264132 3049021 10474858 7519239 2955619 2882533 2882533 44169364 0 US GOVT STUDENT LOANS 961415 CUSTODIAL FUNDS 591186 ANNUITIES PAYABLE 915176 ASSET RETIREMENT OBLIGATION 1061295 3529072 X SCHEDULE D, PART II, LINE 9 CONSERVATION EASEMENTS This relates to a historic classroom that is currently being used and being reported on the Balance Sheet. Currently there are no preservation or restoration activities related to the classroom. SCHEDULE D, PART V, LINE 4 ENDOWMENT FUNDS Endowment funds are all used for the College's exempt purpose, including scholarships to students, salaries for endowed department chairs, maintenance of classroom buildings, the library and equipment. SCHEDULE D, PART X, LINE 2 FIN 48 FOOTNOTE THE COLLEGE'S OPERATIONS ARE TAX EXEMPT UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE, AND ACCORDINGLY, THE FINANCIALS STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES. THE COLLEGE ACCOUNTS FOR UNCERTAINTIES IN ACCOUNTING FOR INCOME TAX ASSETS AND LIABILITIES USING THE GUIDANCE INCLUDED IN FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, INCOME TAXES. THE COLLEGE RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. AT JUNE 30, 2014 AND 2013, THE COLLEGE HAD NO UNCERTAIN TAX POSITIONS ACCRUED. true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 THE NONDISCRIMINATORY POLICY IS MADE KNOWN THROUGH VARIOUS HASTINGS COLLEGE PUBLICATIONS READ PRIMARILY BY STUDENTS AND OTHER COLLEGE PERSONNEL. THE POLICY IS NOTED IN THE ADMISSIONS CATALOG AND THE COLLEGE HAS USED THE HASTINGS DAILY TRIBUNE, WHICH IS THE LOCAL DAILY NEWSPAPER. THE COLLEGE ATTEMPTS THROUGH OTHER NEWS MEDIA TO MAKE THIS KNOWN, BUT THE ONES LISTED ABOVE ARE THE MOST COMMONLY USED. SCHEDULE E, PART I, LINE 6A GOVERNMENT GRANTS INCLUDE STATE AND FEDERAL GRANTS AWARDED TO STUDENTS WITH FINANCIAL NEED INCLUDING THE COLLEGE WORK-STUDY PROGRAM. THESE GRANT DOLLARS ARE AWARDED DIRECTLY TO QUALIFYING STUDENTS. true SCHOLARSHIPS 1130 15757714 SCHEDULE I, PART I, LINE 2 MONITORING USE OF FUNDS The only grants made are to the students of hastings college in the form of scholarships to assist in paying for education. GRANTS WERE AS FOLLOWS: INSTITUTIONAL AID $15,303,556 STATE AID 213,647 PRIVATE SCHOLARSHIPS 240,511 TOTAL 15,757,714 X X false true true true false false false false false false false DONALD JACKSON PRESIDENT 180858 0 0 0 0 0 11835 0 6310 0 199003 0 0 0 KAY LANGSETH OUTGOING VP FINANCE AND ADMIN 72882 0 0 0 68553 0 9146 0 4928 0 155509 0 0 0 GARY JOHNSON VPAA 135265 0 0 0 1684 0 9388 0 13113 0 159450 0 0 0 GILBERT HINGA VP STUDENT AFFAIRS 122167 0 0 0 3000 0 8730 0 17019 0 150916 0 0 0 DENNIS TROTTER OUTGOING PRESIDENT OF COLLEGE 118412 0 0 0 160025 0 29587 0 15578 0 323602 0 0 0 PHILLIP DUDLEY President Emeritus 63584 0 0 0 76679 0 8190 0 6993 0 155446 0 0 0 SCHEDULE J PART I LINE 1B SOCIAL CLUB MEMBERSHIP Hastings College pays for the president's social membership at the local country club. The social fee is minimal and only business related expenses are reimbursable. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE AS A CONDITION OF HIS EMPLOYMENT, THE COLLEGE'S PRESIDENT WAS PROVIDED HOUSING CONTIGUOUS TO CAMPUS. THE PRESIDENT HOSTS COLLEGE EVENTS AT THE RESIDENCE. THE HOUSING IS FURNISHED FOR THE CONVENIENCE OF THE COLLEGE AND IS THEREFORE NOT INCLUDED IN HIS TAXABLE COMPENSATION. THE RESIDENCE IS OWNED AND MAINTAINED BY THE COLLEGE. CLEANING, MAINTENANCE, AND GROUNDS KEEPING SERVICES ARE PROVIDED BY THE COLLEGE FOR PUBLIC AREAS OF THE RESIDENCE ONLY. SCHEDULE J, PART I, LINE 4A SEVERANCE PAYMENT THE FOLLOWING REPORTABLE INDIVIDUALS RECEIVED SERVANCE PAYMENTS DURING THE 2013 CALENDAR YEAR AND THE SEVERANCE PAYMENTS WERE INCLUDED IN THEIR W-2 INCOME AND REPORTABLE AS COMPENSATION ON SCHEDULE J: PHILLIP DUDLEY - $73,449 DENNIS TROTTER - $138,889 KAY LANGSETH - $64,053 SCHEDULE J, PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN THE FORMER COLLEGE PRESIDENT, PHILLIP DUDLEY, PARTICIPATES IN HASTINGS COLLEGE'S 457F PLAN. DURING THE 2013 CALENDAR YEAR, THE COLLEGE CONTRIBUTED $2,500 TO THE PLAN. A NEBRASKA EDUCATIONAL FINANCE AUTHORITY 521293953 2009-04-02 5000000 BUILDING CONSTRUCTION false false false B NEBRASKA EDUCATIONAL FINANCE AUTHORITY 521293953 63966PLN2 2004-02-12 6913021 APARTMENT CONSTRUCTION false false false C NEBRASKA EDUCATIONAL FINANCE AUTHORITY 521293953 63966ppf5 2005-04-26 3692848 APARTMENT CONSTRUCTION false false false A 2150000 0 3300000 0 0 0 0 0 0 3300000 0 0 2009 false false true true B 2045000 0 6928068 474312 116354 0 112645 0 0 6224756 0 0 2004 false false true true C 855000 0 3702994 256300 30163 0 73673 0 0 3342858 0 0 2005 false false true true A false false false false 0.00000 0.00000 0.00000 false false 0.00000 false true B false false false false 0.00000 0.00000 0.00000 false false 0.00000 false true C false false false false 0.00000 0.00000 0.00000 false false 0.00000 false true A false false true true true false 0 false 0 false false B false false true true false false 0 false 0 false false C false false true true false false 0 false 0 false false A false B false C false SCHEDULE K, PART IV, ARBITRAGE, LINE 2C: (A) ISSUER NAME: NEBRASKA EDUCATIONAL FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 10/02/2010 (B) ISSUER NAME: NEBRASKA EDUCATIONAL FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 01/31/2014 (C) ISSUER NAME: NEBRASKA EDUCATIONAL FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 03/31/2010 NOTE REGARDING THE REBATE COMPUTATION ON 10/02/2010; SINCE THE BOND PROCEEDS HAVE BEEN SPENT, A SPENDING EXCEPTION WAS MET, AND THE DEBT SERVICE FUND WAS OPERATED ON A BONA FIDE BASIS, NO FURTHER REBATE CALCULATIONS ARE NECESSARY. PART II, LINE 3: THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN (E) DUE TO INVESTMENT EARNINGS. PART II, COLUMN A, LINE 3: THIS DEBT WAS ISSUED ON A DRAW DOWN BASIS UP TO $5,000,000. THE PRINCIPAL AMOUNT DRAWN OF $3,300,000 WAS FOR PAYMENT OF PROJECT COSTS. THE REMAINING PRINCIPAL IS NOT EXPECTED TO BE DRAWN. X 2 100950 FMV X 5632 148200 FMV X RODEO BELT BUCKLES 24 6673 FMV X MOWER & STARTER 2 5547 FMV 2 false false true SCHEDULE M PART I LINE 32A THIRD PARTIES A BROKER IS USED TO SELL GIFTS OF STOCK AND REAL ESTATE. Form 990 Part VI Line 2 BUSINESS RELATIONSHIPS RUDY THOMAS AND BRUCE GULLIVER HAVE A BUSINESS RELATIONSHIP. WILLIAM MARSHALL AND JESSICA MEESKE (THROUGH JESSICA MEESKE'S SPOUSE) HAVE A BUSINESS RELATIONSHIP. Form 990 Part VI Line 11a REVIEW OF 990 BY GOVERNING BODY THE BOARD OF TRUSTEES NAMED A THREE PERSON SUBCOMMITTEE TO REVIEW THE FORM 990 WITH THE VP FOR FINANCE AND ADMINISTARTION IN DETAIL PRIOR TO THE JANUARY BOARD OF TRUSTEE MEETING. A SUMMARY OF THIS REVIEW, ALONG WITH HIGHLIGHTS OF THE INFORMATION AND THE FORM 990 WILL BE PROVIDED AND DISCUSSED WITH THE FULL BOARD OF TRUSTEES AT THE JANUARY 2015 MEETING. Form 990 Part VI Line 12c CONFLICT OF INTEREST POLICY HASTINGS COLLEGE ASKS FOR ANNUAL DISCLOSURE AND CROSS REFERENCES THE DISCLOSURE WITH KNOWN ACTIVITY. Form 990 Part VI Line 18 FORM 990 AND GOVERNING DOCUMENTS THE FORM 990 IS AVAILABLE IN THE OFFICE OF THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION. THE FORM IS ALSO AVAILABLE ON GUIDESTAR WEBSITE. Form 990 Part VI Line 19 STATEMENTS AVAILABLE TO THE PUBLIC HASTINGS COLLEGE DOES NOT MAKE THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. 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