2015-05-13T11:04:07-05:00 2014-06-30 431126847 WILLIAMS-KEEPERS LLC 2005 W BROADWAY SUITE 100 COLUMBIA MO 65203 990 2013-07-01 430654854 CENTRAL METHODIST UNIVERSITY CENT 6602486203 411 CENTRAL SQUARE FAYETTE MO 652481104 JULEE SHERMAN VP FINANCE AND ADMINISTRATION 6602486203 2015-05-13 1 RYAN HENRY P01749573 5734426171 2013 2016-04-25 22:37:26Z JULEE SHERMAN 411 CENTRAL SQUARE FAYETTE MO 65248 54586501 0 X WWW.CENTRALMETHODIST.EDU X 1902 MO CENTRAL METHODIST UNIVERSITY PREPARES STUDENTS TO MAKE A DIFFERENCE IN THE WORLD BY EMPHASIZING ACADEMIC AND PROFESSIONAL EXCELLENCE, ETHICAL LEADERSHIP AND SOCIAL RESPONSIBILITY. 38 37 1061 90 137879 -415 3544230 3033981 37950233 41292557 1258492 1085553 297088 292610 43050043 45704701 12163968 12236705 0 0 16681016 18433054 0 60980 795037 9903907 10609493 38748891 41340232 4301152 4364469 86726842 95294929 13231952 13291955 73494890 82002974 X INSTITUTE OF HIGHER EDUCATION 0 0 12236705 12236705 SCHOLARSHIP PROGRAMS STUDENT FINANCIAL ASSISTANCE - SCHOLARSHIPS ARE AWARDED TO OVER 90% OF FULL-TIME STUDENTS 4766605 HIGHER EDUCATION STUDENT SERVICES FOR ACTIVITIES THAT CONTRIBUTE TO THE STUDENT EXPERIENCE 14339077 36373677 HIGHER EDUCATION INSTRUCTION AND RESEARCH EXPENDITURES TO OPERATE INSTITUTION FOR OVER 3,000 STUDENTS 3875706 4800022 HIGHER EDUCATION AUXILIARY EXPENSES - EXPENSES FOR ROOM AND BOARD FOR OVER 600 STUDENTS LIVING ON CAMPUS 1383128 273589 EDUCATIONAL DELIVERY, GENERAL/OTHER ACADEMIC SUPPORT - MISCELLANEOUS OTHER SUPPORT FOR EDUCATIONAL PROGRAMS 5258834 5073611 36601221 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 41 0 1 1061 1 1 1 0 0 0 0 0 0 0 0 0 X 38 37 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JULEE SHERMAN 6602486203 411 CENTRAL SQUARE FAYETTE MO 65248 GLENN COX CHAIRMAN 1.00 X X 0 0 0 ROBERT T PERRY VICE CHAIRMAN 1.00 X X 0 0 0 NANCY PEACOCK SECRETARY 1.00 X X 0 0 0 BRUCE ADDISON TRUSTEE 1.00 X 0 0 0 FRED ALEXANDER TRUSTEE 1.00 X 0 0 0 DON ALLEMANN TRUSTEE 1.00 X 0 0 0 ROBERT ANDERSON TRUSTEE 1.00 X 0 0 0 DAVID ATKINS TRUSTEE 1.00 X 0 0 0 RICHARD BAILEY TRUSTEE 1.00 X 0 0 0 JAMES BRYAN TRUSTEE 1.00 X 0 0 0 ROBERT COURTNEY TRUSTEE 1.00 X 0 0 0 RICHARD DAILEY TRUSTEE 1.00 X 0 0 0 JAMES DENNENY TRUSTEE 1.00 X 0 0 0 JOHN DRAKESMITH TRUSTEE 1.00 X 0 0 0 NANCY ELLIS TRUSTEE 1.00 X 0 0 0 NINA FURSTENAU TRUSTEE 1.00 X 0 0 0 KEITH GARY TRUSTEE 1.00 X 0 0 0 ROBERT HAHNE TRUSTEE 1.00 X 0 0 0 TERRY HENDERSON TRUSTEE 1.00 X 0 0 0 JEFFREY JOGENMILLER TRUSTEE 1.00 X 0 0 0 DICK HUTCHISON TRUSTEE 1.00 X 0 0 0 TIMOTHY JACKMAN TRUSTEE 1.00 X 0 0 0 JANET JACOBS TRUSTEE 1.00 X 0 0 0 IVAN JAMES TRUSTEE 1.00 X 0 0 0 DAVID KERR TRUSTEE 1.00 X 0 0 0 PAUL KING TRUSTEE 1.00 X 0 0 0 RG KIRBY TRUSTEE 1.00 X 0 0 0 BROCK LUTZ TRUSTEE 1.00 X 0 0 0 JAMES MARCHBANK TRUSTEE 1.00 X 0 0 0 KIRK MEYER TRUSTEE 1.00 X 0 0 0 DONNA PUYEAR TRUSTEE 1.00 X 0 0 0 JUDY RETHWISCH TRUSTEE 1.00 X 0 0 0 ROBERT SCHNASE TRUSTEE 1.00 X 0 0 0 LOUANN SHANER TRUSTEE 1.00 X 0 0 0 SONDRA SPALDING TRUSTEE 1.00 X 0 0 0 JB WAGGONER TRUSTEE 1.00 X 0 0 0 KEITH YOUNG TRUSTEE 1.00 X 0 0 0 ROGER DRAKE PRESIDENT/TRUSTEE 40.00 X X 103197 0 17020 JULEE SHERMAN VP FOR FINANCE & ADMINISTRATION 40.00 X 107851 0 15275 STEPHANIE BRINK DIR OF ON-LINE PROGRAMS 40.00 X 112883 0 16782 RITA GULSTAD VP AND DEAN OF UNIVERSITY 40.00 X 126283 0 16782 KEN OLIVER VP INST GROWTH AND STUDENT ENGAGEMENT 40.00 X 124612 0 17649 JOHN FLANDERS PROFESSOR OF BUSINESS AND ECONOMICS 40.00 X 109317 0 9575 MARIANNE E INMAN FORMER PRESIDENT/TRUSTEE 0.00 X 120772 0 14896 804915 0 107979 7 1 0 0 FRESH IDEAS LLC 1000 W NIFONG 220 COLUMBIA MO 65203 FOOD SERVICE CONTRACTOR 1182397 COIL CONSTRUCTION 209 E BROADWAY COLUMBIA MO 65203 CONSTRUCTION CONTRACTOR 687009 J LOUIS CRUM 1312 CREASY SPRINGS RD COLUMBIA MO 65202 MECHANICAL CONTRACTOR 399383 JENZABAR PO BOX 55018 BOSTON MA 02284 IT SUPPORT 346206 WORD MARKETING 20 E SOUTHAMPTON 101 COLUMBIA MO 65203 MARKETING CONSULTANT 325557 9 280046 2753935 179704 3033981 TUITION AND FEES 900099 36373677 36373677 AUXILIARY ENTERPRISES 900099 4459520 4459520 BOOKSTORE 451211 459360 321481 137879 41292557 977273 977273 19021 0 19021 19021 19021 8990080 8881800 108280 108280 108280 MISCELLANEOUS 900099 273589 273589 273589 45704701 41447288 137879 1085553 X 12236705 12236705 348717 27975 236431 84311 14161880 11993255 1805257 363368 564217 458419 86782 19016 2310477 1595155 650429 64893 1047763 886248 130153 31362 2967 1170 1797 64295 64295 60980 60980 80220 80220 35977 8438 27040 499 751865 561957 176513 13395 1537352 1127704 363563 46085 991444 16184 975260 536486 367722 132984 35780 46283 37597 5091 3595 359917 348949 10968 1481431 1260976 220455 292623 292623 ALLOCATION OF PLANT EXP 0 2628351 -2628351 MISCELLANEOUS EXPNSES 1285954 1033468 208418 44068 BOARD STUDENTS 1033092 1033092 REPAIRS AND MAINTENANCE 752269 46882 705387 1357318 930974 398659 27685 41340232 36601221 3943974 795037 19841274 21863034 2896767 3067989 945588 1199140 238038 240383 59146295 28080282 29363392 31066013 28980919 31327475 3375909 5314799 1084955 1216096 86726842 95294929 2319444 2584013 449781 770747 8460000 8100000 1186900 1011631 815827 825564 13231952 13291955 X 37809295 41670471 10365739 14358965 25319856 25973538 73494890 82002974 86726842 95294929 X 4364469 3883628 259987 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 31714050 1086115 4758926 1372000 28000 36159091 29786431 540509 2847110 1430800 29200 31714050 30865133 712273 -400975 1362200 27800 29786431 26541195 116624 5597314 1362200 27800 30865133 24746944 277702 2896549 1352400 27600 26541195 0.01030 0.69250 0.29720 1 0 105368 1367552 1472920 50567417 23258852 27308565 5731777 4821430 910347 1374181 1374181 31066013 PRIVATE EQUITY FUNDS 1920040 F HEDGE FUNDS 3394759 F 5314799 ANNUITIES PAYABLE 214599 CONDITIONAL ASSET RETIREMENT OBLIGATIONS 243779 ACCRUED INTEREST PAYABLE 99902 GOVERNMENT ADVANCES 267284 825564 37531391 3883628 -11976718 -8093090 45624481 80220 80220 45704701 29023307 0 29023307 80220 12236705 12316925 41340232 PART III, LINE 1A: THE ASHBY HODGE GALLERY OF AMERICAN ART MAINTAINS A COLLECTION OF OIL PAINTINGS, LITHOGRAPHS, DRAWINGS AND ACRYLICS, MAINLY REPRESENTING THE WORK OF AMERICAN REGIONALIST ARTISTS. SPECIAL EXHIBITS ARE SCHEDULED THROUGHOUT THE YEAR. ADJOINING THE GALLERY IS A READING ROOM FEATURING ART CATALOGUES, EXHIBITION BOOKS AND FINE ARTS PERIODICALS. THE GALLERY PROVIDES STUDENTS, EMPLOYEES, AND VISITORS AN EXPOSURE TO A VARIETY OF ART MEDIUMS AND ENHANCES THE LIBERAL ARTS HIGHER EDUCATION EXPERIENCE ON CAMPUS. PART V, LINE 4: ENDOWMENT FUNDS ARE HELD FOR SCHOLARSHIPS AND OTHER GENERAL EDUCATIONAL PURPOSES OF THE UNIVERSITY. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS -12,236,705. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 259,987. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS 12,236,705. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE RACIALLY NONDISCRIMINATORY POLICY IS PUBLISHED IN PRINT AND ON THE SCHOOL'S WEBSITE. IT IS ALSO OUTLINED IN THE EMPLOYEE HANDBOOK. SCHEDULE E, PART I, LINE 6 FEDERAL PELL, SEOG AND ACG GRANT FUNDS ARE RECEIVED FROM THE DOE FOR QUALIFIED STUDENTS. X X X X X 1 GONSER GERBER INSTITUTE 1776 LEGACY CIRCLE SUITE 100 NAPERVILLE IL 60563 CONSULTANT 0 0 60980 -60980 60980 -60980 1 FINANCIAL AID 1131 12236705 PART I, LINE 2: SCHOLARSHIPS ARE AWARDED THROUGH THE FINANCIAL AID AND ADMISSION OFFICES. ANNUAL REVIEW OF QUALIFICATIONS FOR EACH LEVEL OF SCHOLARSHIPS IS DONE AFTER THE SPRING TERM. SATISFACTORY PROGRESS GUIDELINES FROM THE DEPARTMENT OF EDUCATION ARE FOLLOWED FOR ALL STUDENTS RECEIVING ANY TYPE OF SCHOLARSHIP AID. OUR ADVANCEMENT OFFICE ASSIGNS ENDOWED SCHOLARSHIPS. ENDOWED SCHOLARSHIPS (FUNDED INSTITUTIONAL AID) REPRESENTS LESS THAN 20% OF OUR AWARDED SCHOLARSHIPS. X X 1 1 X X X X X 1 0 0 0 0 0 0 0 0 MARIANNE E INMAN FORMER PRESIDENT/TRUSTEE 119761 0 146 0 865 0 8313 0 6583 0 135668 0 0 0 PART I, LINE 1A THE PRESIDENT'S RESIDENCE IS USED FOR BUSINESS PURPOSES AND TO FURTHER THE MISSION OF CENTRAL METHODIST UNIVERSITY. THE PRESIDENT IS REQUIRED TO RESIDE IN THE RESIDENCE AND HOST MANY EVENTS FOR FACULTY, STAFF, ALUMNI, BOARD MEMBERS, AND OTHERS. PART I, LINE 4A FORMER PRESIDENT AND TRUSTTE MARIANNE INMAN WAS PAID $30,000 IN JANUARY 2014. PART II, COLUMN D: AMOUNTS IN COLUMN D FOR ROGER DRAKE INCLUDE THE VALUE OF UNIVERSITY-PROVIDED HOUSING AND HOUSEKEEPING SERVICES RELATED TO THE PRESIDENT'S HOUSE. A INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF FAYETTE MO 431922364 312591AU4 2012-04-19 8765000 FUNDING NEW AND OLD CAPITAL PROJECTS FOR RESIDENTIAL FACILITIES 0 0 0 A 665000 8765000 115475 175300 1561677 6474225 438323 2015 1 0 0 1 A 0 0 0 0 1 0 0 A 0 0 0 0 0 0 0 0 0 A 0 ROGER DRAKE TRUSTEE/PRESIDENT 210777 VOTING OFFICER/TRUSTEE ALSO EMPLOYED FULL-TIME BY THE ORGANIZATION 0 X 3 37050 EXPERT OPINION X 5 129445 FAIR MARKET VALUE X ATHLETIC EQUI 1 13209 COST 0 1 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE AND FINANCE CHAIR REVIEW THE RETURN BEFORE IT IS SUBMITTED. THE RETURN IS THEN MADE AVAILABLE TO THE ENTIRE BOARD ON A SECURE INTERNET PORTAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL FORMS ARE DISTRIBUTED TO TRUSTEES AND SENIOR STAFF. THESE ARE REVIEWED BY THE AUDIT COMMITTEE, DISCUSSED AS NEEDED AND REPORTED BACK AT THE MAY BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMMITTEE REVIEWED COMPARABLE DATA FROM PEER INSTITUTION'S FORM 990'S, SURVEY DATA FROM THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION AND THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES FOR ALL SENIOR OFFICERS IN APRIL OF 2014. THE DISCUSSION AND DECISION IS DOCUMENTED IN THE MINUTES OF THE MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24E RENTALS: PROGRAM SERVICE EXPENSES 412,050. MANAGEMENT AND GENERAL EXPENSES 15. FUNDRAISING EXPENSES 15,280. TOTAL EXPENSES 427,345. BOOKSTORE: PROGRAM SERVICE EXPENSES 281,589. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 281,589. BAD DEBTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 275,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 275,000. SPECIAL EVENTS: PROGRAM SERVICE EXPENSES 227,006. MANAGEMENT AND GENERAL EXPENSES 19,951. FUNDRAISING EXPENSES 12,405. TOTAL EXPENSES 259,362. RENOVATIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 87,020. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 87,020. CONTINGENCY: PROGRAM SERVICE EXPENSES 10,329. MANAGEMENT AND GENERAL EXPENSES 16,673. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 27,002. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 259,987. FORM 990, PART XII, LINE 2C, AUDIT OVERSIGHT: THE PROCESS FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED SINCE THE PRIOR YEAR.