2014-02-11T16:00:33-06:00 2013-06-30 363990892 Capin Crouse LLP 972 Emerson Parkway STE A Greenwood IN 46143 990 2012-07-01 310536647 Cedarville University CEDA 9377667821 251 North Main Street Cedarville OH 453148501 Christopher Sohn 9377667821 2014-02-06 1 David C Moja P00747006 3178852620 2012 2015-11-30 17:44:51Z Dr Thomas White 251 North Main Street Cedarville OH 453148501 122503429 0 X www.cedarville.edu X 1887 OH A Christ-centered learning comm. equipping students with an education grounded in biblical truth. 25 22 3011 37 0 0 7944591 10123293 92780365 100593503 844283 1985506 12934 34008 101582173 112736310 22069356 25011743 0 0 47036762 49433943 0 0 2699620 27607496 34541425 96713614 108987111 4868559 3749199 148394193 157866958 32805353 36170747 115588840 121696211 Cedarville University is a Christ-centered learning community, equipping students for lifelong leadership and service through an education marked by excellence and grounded in biblical truth. 0 0 50911144 81804737 Located in southwest Ohio, Cedarville University attracts 3,400 undergraduate, graduate, and online students to more than 100 areas of study. Cedarville is a Christ-centered learning community recognized nationally for rigorous academic programs, strong graduation and retention rates, accredited professional and health science offerings, and leading student satisfaction ratings. 25011743 25011743 Student Aid 11067186 15321047 Auxiliary Services 9551071 3467719 9551071 3467719 96541144 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 1 5016 0 1 3011 1 0 0 0 0 0 1 1 0 0 0 0 X 25 22 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AK AZ CO DC MD MA MI NH NY OH OK OR WA X Mark Biddinger 9377667821 251 North Main Street Cedarville OH 453148501 Mr Lorne Scharnberg 1.00 X X 0 0 0 Mr William Bolthouse 1.00 X X 0 0 0 Dr David Gower 1.00 X X 0 0 0 Mr David Lodwick 1.00 X X 0 0 0 Mr Ron Becker 1.00 X 0 0 0 Rev William Bernhard 1.00 X 0 0 0 Dr John Blodgett 1.00 X 0 0 0 Lt Col David Carr 1.00 X 0 0 0 Dr Kezia Curry 1.00 X 0 0 0 Mr James DeVries 1.00 X 0 0 0 Mr David Dykema 1.00 X 0 0 0 Rev David Graham 1.00 X 0 0 0 Mr John Hays 1.00 X 0 0 0 Ms Mary Howard 1.00 X 0 0 0 Mr Warren Jenkins 1.00 X 0 0 0 Dr David Jeremiah 1.00 X 0 0 0 Dr Deforia Lane 1.00 X 0 0 0 Dr Michael Loftis 1.00 X 0 0 0 Dr Don Lough 1.00 X 0 0 0 Dr Dominic McKinley 1.00 X 0 0 0 Dr George Miller 1.00 X 0 0 0 Mr Kelly Miller 1.00 X 0 0 0 Dr Eric Mounts 1.00 X 0 0 0 Rev Randy Patten 1.00 X 0 0 0 Dr Paige Patterson 1.00 X 0 0 0 Rev William Rudd 1.00 X 0 0 0 Ms Debby Stephens 1.00 X 0 0 0 Mr Albert Stevens 1.00 X 0 0 0 Rev Mark Vroegop 1.00 X 0 0 0 Dr David Warren 1.00 X 0 0 0 Dr Hayes Wicker 1.00 X 0 0 0 Mr Randal Wilcox 1.00 X 0 0 18948 Rev Jeffory Willetts 1.00 X 0 0 0 Mr Bill Williams 1.00 X 0 0 0 Rev Christopher Williamson 1.00 X 700 0 9248 Mr Greg Winchester 1.00 X 0 0 0 Mr Robert Wynalda 1.00 X 0 0 22498 William E Brown 40.00 X 213722 0 85797 William Bigham 40.00 X 140695 0 27145 John Gredy 40.00 X 166717 0 26116 Thomas Cornman 40.00 X 84400 0 75278 Robert Rohm 40.00 X 85397 0 59868 Carl Ruby 40.00 X 113103 0 46979 Janice Supplee 40.00 X 103628 0 11181 Christopher Sohn 40.00 X 62213 0 17474 Rodney Johnson 40.00 X 106365 0 13055 Marc Sweeney 40.00 X 151188 0 29578 Douglas Anderson 40.00 X 116901 0 29881 Rebecca Gryka 40.00 X 116548 0 47089 Jeffrey Lewis 40.00 X 116221 0 49077 1577798 0 569212 16 0 1 0 Ferguson Construction 2201 Embury Park Rd Dayton OH 454145544 Construction 5040331 Pioneer College Caterers 12351 W 9th Ter Ste 204 Lenexa KS 662154410 Food service 1198879 Danis Builders 3233 Newmark Dr Miamisburg OH 453425422 Construction 729453 Applied Mechanical Systems 5598 Wolf Creed Pike Dayton OH 454262432 Mechanical systems construction 557751 Scrimager Construction 724 Timberwood Dr Beavercreek OH 454301440 Construction 473960 36 17170 2648301 7457822 78734 10123293 Tuition & fees 611710 81804737 81804737 Auxiliary fees 611710 15321047 15321047 Other program revenue 611710 3467719 3467719 100593503 1006848 1006848 4800 0 4800 4800 4800 10710535 9731877 978658 978658 978658 64450 17170 35242 29208 29208 112736310 100593503 0 2019514 25011743 25011743 1489928 231935 1090256 167737 73889 62132 11757 34488557 31935922 1588088 964547 2285803 2116622 105254 63927 8613651 7969908 400496 243247 2482115 2298404 114293 69418 218463 218463 84207 84207 98308 98308 684309 58850 605843 19616 449704 112272 304366 33066 2853708 1742929 477007 633772 3042563 2817371 140100 85092 5977517 5500802 476715 1406764 499468 803977 103319 982803 369967 493922 118914 561898 472647 89251 8458391 6635526 1625900 196965 1018144 1018144 Auxiliary enterprises 6984064 6984064 Student fee transfers 855114 855114 Study abroad program 817303 817303 Bad Debts 48165 48165 108987111 96541144 9746347 2699620 2158471 2934413 2585843 6894943 1440532 1816240 2529654 2480913 596153 487524 859831 782960 192456881 84240551 96794998 108216330 24512358 28004974 16916353 6248661 148394193 157866958 6827473 6839875 3303270 3680868 5745000 4850000 10103872 14147303 6825738 6652701 32805353 36170747 X 90603093 91830883 9093734 13440796 15892013 16424532 115588840 121696211 148394193 157866958 X 3749199 2117182 240990 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19792474 1392069 3284727 424607 167000 63891 23813772 20280073 495748 -322324 412911 159700 88412 19792474 16146659 952903 3804454 536234 87709 20280073 13149075 630331 2354674 484308 -592572 95685 16146659 17715165 205671 -3997221 681603 92937 13149075 0.00000 0.69000 0.31000 0 0 2628667 2628667 140070579 52130395 87940184 4262170 2937200 1324970 29861969 22764833 7097136 15633496 6408123 9225373 108216330 Deposits 917415 Life income payments 2884351 Deferred compensation 138647 Fair value of swap agreements 650017 Advances from government for federal students loans 2062271 6652701 90019673 2117182 240990 2358172 87661501 98308 24976501 25074809 112736310 83912302 35242 35242 83877060 98308 25011743 25110051 108987111 Description of Intended Use of Endowment Funds: Part V, Line 4: Income from the organization's endowment funds are awarded as scholarships to needy or gifted students to continue their studies at the institution. Part V, line 1e: Other expenditure for facilities and programs is a negative expense of $592,572 for three years back. This represents transfers that do not sum to zero due to the transfer of prior gifts released by the Attorney General for treatment as permanently restricted funds. Part XI, Line 2d - Other Adjustments: Change in the value of swap agreement 187,718. Change in the value of life income agreements 53,272. Part XI, Line 4b - Other Adjustments: Financial aid expense netted against tuition 25,011,743. Fundraising expense included on Line 8b -35,242. Part XII, Line 2d - Other Adjustments: Fundraising expense included on Line 8b 35,242. Part XII, Line 4b - Other Adjustments: Financial aid expense netted against tuition 25,011,743. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Explanation of Nondiscriminatory Policy Publication Schedule E, Part I, Line 3 Cedarville University does not illegally discriminate on the basis of race, color, genetic information, sex, age, national or ethnic origin, or disability in relation to admission or access to or employment in its programs and activities. The policy stated in the academic catalog employee handbook and application section of our webpage. Explanation of Government Financial Assistance Schedule E, Part I, Line 6 Cedarville University receives government grants for Pell, Perkins, Federal Work Study Program, and Federal Supplemental Education Opportunity Grants for Student Financial Aid and assistance. An A-133 audit of these programs is conducted annually. Europe (Including Iceland & Greenland) 0 0 Program Services Study abroad program. 32338 0 0 0 0 0 0 32338 0 32338 0 0 0 0 0 0 Cedarville Open 81620 17170 64450 0 12480 10451 11840 0 471 81620 17170 64450 12480 10451 11840 471 35242 29208 1 Scholarships and Student Aid 3019 25011743 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Cedarville University awards financial aid grants to students in accordance with the University's institutional financial aid policies. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 William E Brown 209196 0 0 0 4526 0 17137 0 69604 0 300463 0 0 0 William Bigham 138618 0 0 0 2077 0 11425 0 16453 0 168573 0 0 0 John Gredy 161035 0 0 0 5682 0 13206 0 13725 0 193648 0 0 0 Thomas Cornman 83391 0 0 0 1009 0 17138 0 58798 0 160336 0 0 0 Carl Ruby 112609 0 0 0 494 0 9129 0 38476 0 160708 0 0 0 Marc Sweeney 150874 0 0 0 314 0 12425 0 17932 0 181545 0 0 0 Rebecca Gryka 115784 0 0 0 764 0 9674 0 37764 0 163986 0 0 0 Jeffrey Lewis 115581 0 0 0 640 0 9573 0 40131 0 165925 0 0 0 Part I, Line 1a The University's President (Dr. William Brown) receives a housing allowance as he is provided with a University owned house that is serviced by our custodial, grounds, and maintenance departments. This benefit qualifies as non-taxable housing provided for the convenience of the employer, under IRC Section 119. Health/social club dues paid on behalf of the VP for advancement/donor relations activities. This benefit is included in taxable compensation. A Ohio Higher Ed Facility Commission 346849674 2006-12-21 7000000 Dorm renovations 0 0 0 B Ohio Higher Ed Facility Commission 346849674 2011-12-30 5000000 Health Science Building 0 0 0 C Ohio Higher Ed Facility Commission 346849674 2013-05-30 4850000 Refinance of 2004 Bond 0 0 0 D Ohio Higher Ed Facility Commission 346849674 2013-05-30 5000000 Hill/Ann/Town #1 0 0 0 A 2319690 7000000 7000000 2009 0 0 1 1 B 534792 5000000 5000000 2012 0 0 1 1 C 4850000 4850000 2013 1 0 1 1 D 5000000 5000000 2013 0 0 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 0 B 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 0 C 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 0 D 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 1 0 1 0 0 0 1 B 0 0 1 0 0 0 0 0 1 C 0 0 1 0 1 1 Key Bank 14.000000000000 1 0 0 0 1 D 0 0 1 0 1 0 0 0 1 A 1 B 1 C 1 D 1 Schedule K, Parts II - IV: Tax Exempt Bonds The bond issue was a re-financing secured to consolidate several smaller financing debt instruments. 210835 Tuition Remission Brian Nester Family member of trustee, Mike Loftis 62132 Compensation 0 Lynn Rohm Family member of VP, Robert Rohm 11757 Compensation 0 X 50253 Fair Market Value X 5 22531 Fair Market Value X 1 5950 Appraisal 0 1 0 Method for Determining Number of Contributions: Part I, Column (b): The number of contributions reported is the number of contributions received, not the number of contributed items. Form 990, Part VI, Section A, line 2 Janice Supplee and David Warren - family relationship. Form 990, Part VI, Section B, line 11 Cedarville's board of trustees operates in committee fashion. The Business Committee (also serving as the audit committee and investment committee) is responsible to the full board for financial related items. As such, a copy of the Form 990 was provided to the Business Committee for review prior to filing. Additionally, the University's outside independent CPA firm prepared and reviewed the Form 990 prior to filing. Form 990, Part VI, Section B, line 12c The University enforces compliance with the conflict of interest policy by requiring trustees to annually sign bylaws statements. All trustees are required to disclose to the board any possible conflict of interest at the earliest practicable time. No trustee shall vote on any matter under consideration at a board or committee meeting in which such trustee has a conflict of interest. The minutes of such meetings shall reflect that a disclosure was made and that the trustee, having a conflict of interest, abstained from voting. If a trustee is uncertain as to whether a conflict of interest may exist the trustee may request the board or committee to resolve the question by majority vote. Form 990, Part VI, Section B, line 15 Compensation for the president and officers is set by an independent body consisting of the Executive committee of the Board of Trustees. Comparable market data from CCCU and CUPA is used. This process and results are thoroughly documented in the board minutes. Form 990, Part VI, Section C, line 18 The University makes Form 1023 and Form 990 available upon request. Form 990 is also available at www.guidestar.org for public review. Form 990, Part VI, Section C, line 19 The University makes its governing documents and conflict of interest policy available to the public upon request. Financial statements are not available to the general public. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 9: Change in the value of interest rate swap 187,718. Change in value of split interest agreement 53,272. Audit committee oversight Form 990, Part XII, Line 2c: The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process has not changed since the prior year.