2014-05-09T06:33:48-07:00 2013-06-30 TD&T FINANCIAL GROUP PC 606 Franklin St Pella IA 50219 990 2012-07-01 420680344 Central College CENT 6416285274 812 University Pella IA 50219 SHERYL KAMERICK 2014-05-09 true JUSTIN PLATE CPA P00538697 6416289411 2012 2015-11-30 17:44:51Z 77676873 false false X WWW.CENTRAL.EDU X 1853 IA CENTRAL COLLEGE IS A RESIDENTIAL FOUR YEAR LIBERAL ARTS COLLEGE DEDICATED TO HELPING STUDENTS DISCOVER AND DEVELOP THEIR GREATEST POTENTIAL IN THE PURSUIT OF ACADEMIC EXCELLENCE. 31 31 1884 620347 4381824 5027379 39643436 58992149 883298 6011344 51841 44908558 70082713 20912900 0 22351251 22177131 0 1916969 25351305 23682517 47702556 66772548 -2793998 3310165 180403041 182622011 71858877 68446184 108544164 114175827 X CENTRAL COLLEGE IS A RESIDENTIAL LIBERAL ARTS COLLEGE DEDICATED TO HELPING STUDENTS DISCOVER AND DEVELOP THEIR GREATEST POTENTIAL. GUIDED BY ITS ECUMENICAL CHRISTIAN TRADITION, THE COLLEGE COMMUNITY ENGAGES IN VIGOROUS OPEN INQUIRY IN THE PURSUIT OF ACADEMIC EXCELLENCE false false 38686557 20912900 42890190 PROVIDED EDUCATIONAL SERVICES RELATED TO CLASSROOM TEACHING, LABORATORY EXPERIENCES, AND PROGRAM SERVICE TO 1,473 STUDENTS, INCLUDING 1,415 RECEIVING INSTITUTIONAL FINANCIAL ASSISTANCE. 10673618 14656759 PROVIDED ROOM AND BOARD ON A RESIDENTIAL CAMPUS TO 1,250 STUDENTS LIVING IN RESIDENTIAL UNITS AND 1,252 STUDENTS WITH BOARD CONTRACTS. 8481239 1445700 EXPENSES RELATED TO ACADEMIC SUPPORT INCLUDING LIBRARY AND ACADEMIC COMPUTER ACTIVITIES FOR A FOUR-YEAR RESIDENTIAL CAMPUS. 3844591 61686005 true true false false false false false true false true true true false false true true true false true true true false false false false false false false true true true false false false false false false false false false false true true false false false false false false false false true X 2235 0 true 1884 true true true UK false false false false false 0 false false false false false false false false false false X 31 31 false false false false false false false true true false false true true true true true true true true false X SHERYL KAMERICK 6416285274 812 UNIVERSITY PELLA IA 50219 MARY WORSTELL 0.00 0.00 X 0 0 0 DAVID WESSELINK 0.00 0.00 X 0 0 0 JUDITH VOGEL 0.00 0.00 X X 0 0 0 DONALD VOGEL 0.00 0.00 X 0 0 0 DEANNA VER STEEG 0.00 0.00 X 0 0 0 ROBERT VERMEER 0.00 0.00 X 0 0 0 HARRY SMITH 0.00 0.00 X 0 0 0 DONNA SMITH 0.00 0.00 X 0 0 0 JOHN SCHMIDT 0.00 0.00 X 0 0 0 RICK RYAN 0.00 0.00 X X 0 0 0 STAN POORTINGA 0.00 0.00 X 0 0 0 BARBARA PETTITT 0.00 0.00 X 0 0 0 KARIN PETERSON 0.00 0.00 X 0 0 0 MIKE ORR 0.00 0.00 X 0 0 0 BV NORTHRUP 0.00 0.00 X 0 0 0 CHARLES MORRIS 0.00 0.00 X 0 0 0 SOPHIE MATHONNET-VANDER WELL 0.00 0.00 X 0 0 0 J LANIER LITTLE 4.00 0.00 X X 0 0 0 KEVIN KORVER 0.00 0.00 X 0 0 0 THOMAS KOOS 0.00 0.00 X 0 0 0 BARBARA KNIFF-MCCULLA 0.00 0.00 X 0 0 0 JAMES ISRAEL 0.00 0.00 X 0 0 0 TERRY GARVIN 0.00 0.00 X 0 0 0 SHAYLA FROM 0.00 0.00 X X 0 0 0 JULIE FISHER 0.00 0.00 X 0 0 0 BETSY FARVER-SMITH 0.00 0.00 X 0 0 0 TEJ DHAWAN 0.00 0.00 X X 0 0 0 VERNON DEN HERDER 0.00 0.00 X 0 0 0 PETER CARTWRIGHT 0.00 0.00 X 0 0 0 KENNETH BRASKAMP 0.00 0.00 X 0 0 0 SUE BRANDL 0.00 0.00 X 0 0 0 ARDITH SUTPHEN 40.00 0.00 X 0 0 0 MARGARET TUNGSETH 40.00 0.00 X 116419 0 30187 SHERYL KAMERICK 40.00 0.00 X 77732 0 14147 MARK PUTNAM 40.00 0.00 X 231796 0 45723 MARY STREY 40.00 0.00 X 167831 0 31720 JEFFREY MCMARTIN 40.00 0.00 X 102518 0 23367 DAVE SUTPHEN 40.00 0.00 X 112742 0 19623 809038 164767 5 false true false TOWN CRIER 810 E 1ST PELLA IA 50219 PRINTING 160530 THE GALBALLY GROUP 600 W GERMANTOWN PIKE PLYMOTH MEETING PA 19462 CONSULTING 160335 ROYALL & CO 1920 E PARHAM RD RICHMOND VA 23228 MARKETING 131057 LEARNING ALLIANCE FOR HIGHER EDUCATION 1398 WILMINGTON PIKE WEST CHESTER PA 19382 CONSULTING 103855 ELLUCIAN 4375 FAIR LAKES CT FAIRFAX VA 22033 SOFTWARE PROVIDER 187215 6 1315291 3712088 355856 5027379 TUITION, 611600 42890190 42890190 EDUCATIONAL 611600 1445700 1439457 6243 AUXILIARY 611600 14656259 14042155 614104 58992149 3538407 3538407 28200 28200 0 100596 48755 51841 51841 51841 9990142 7545405 2444737 2444737 2444737 0 0 0 0 70082713 58371802 620347 6063185 0 20912900 20912900 0 0 748629 212696 535933 0 16885367 14681155 1204633 999579 1161889 1010044 83103 68742 2085592 1803846 207104 74642 1295654 1138881 84349 72424 192221 146881 45340 58348 11735 46613 101930 18075 83855 0 0 0 0 470269 77542 4021 388706 2281561 1990381 169384 121796 631101 560893 70208 0 723429 670332 51289 1808 1013062 941096 50873 21093 0 287172 147392 50788 88992 2615999 2608138 6237 1624 0 4001097 3909395 70873 20829 175317 175317 FEDERAL TRIO PROGRAMS 1279826 1279826 FOOD 1893320 1893320 TUITION & ACCOMODATIONS ABROAD 2700817 2700817 OPERATIONAL MAINT 3594383 3488079 73926 32378 1662665 1307264 331045 24356 66772548 61686005 3169574 1916969 5097958 9012766 5544312 5501511 2459275 2044893 717226 643426 0 0 3261652 2968784 197612 197805 1263642 944511 151177791 62790633 98652004 88387158 46340690 37361682 14074712 34641723 0 0 2793958 917752 180403041 182622011 1829655 2355781 3394032 1178297 61987516 61050000 4647674 3862106 71858877 68446184 X 56800159 60935655 8212378 8665299 43531627 44574873 108544164 114175827 180403041 182622011 X 3310165 2321498 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 367503 X X X X false 68072256 970603 5424466 2368163 1031837 71067325 73107882 864031 -2513556 1205950 2180151 68072256 64144344 1230683 11140659 1074512 2333292 73107882 63056305 1268850 3549032 1205583 2524260 64144344 82231236 591386 -16125537 1712180 1928600 63056305 0.32000 0.60000 0.08000 false false false 6650157 6650157 122536500 42596146 79940354 21804170 20194487 1609683 186964 186964 88387158 34641723 Rounding 1 PERKINS LIABILITY 2290411 INTEREST RATE SWAP LIABILITY 629881 ANNUITIES PAYABLE 941813 3862106 X 51540066 2321498 48755 2370253 49169813 20912900 20912900 70082713 45908403 48755 48755 45859648 20912900 20912900 66772548 Part XII, Line 4b Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S SCHOLARSHIPS REPORTING ADJ $20912900 Part XII, Line 2d Part XII, Line 2d: Other expenses and losses per audited F/S RENTAL EXPENSES $48755 Part XI, Line 4b Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S SCHOLARSHIPS REPORTING ADJ $20912900 Part XI, Line 2d Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 RENTAL EXPENSES $48755 Part X Part X : FIN48 Footnote The Internal Revenue Service has determined that the College is exempt from Federal income tax under Section 501(c)(3) of the Internal Revenue Code. The College is also exempt from state income tax. However, any unrelated business income may be subject to taxation. The College follows the accounting standards for contingencies in evaluating uncertain tax positions. This guidance prescribes recognition threshold principles for the financial statement recognition of tax positions taken or expected to be taken on a tax return that are not certain to be realized. No liability has been recognized by the College for uncertain tax positions as of June 30, 2013 and 2012. The College's tax returns are subject to review and examination by federal and state authorities. The tax returns for fiscal years 2010 and thereafter are open to examination by federal and state authorities. Part V, Line 4 Part V, Line 4: Intended uses of the endowment fund. THE INTENDED USE OF THE ENDOWMENT FUNDS TO TO FUND EDUCATIONAL SCHOLARSHIPS FOR CENTRAL COLLEGE STUDENTS, FACULTY, AND SUPPORT FOR ENDOWED CHAIRS, AND ADDITIONAL SPECIAL PROJECTS FOR FACULTY MEMBERS AND THE MUSIC DEPARTMENT. Part III, Line 4 Part III, Line 4: Description of organization's collections and how it furthers its purpose. PAINTINGS AND INDIAN JEWELRY COLLECTION USED IN ACADEMIC CLASSES, PUBLIC DISPLAY ON CAMPUS, AND LOANED TO OTHER NON-PROFIT ORGANIZATIONS WITH NO FEE. true true true true true true true false false false false false false false false true false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized CENTRAL COLLEGE ADMITS STUDENTS ON THE BASIS OF ACADEMIC QUALIFICATIONS WITHOUT REGARD TO SEX, RACE, COLOR, CREED, NATIONAL OR ETHNIC ORIGIN, OR PHYSICAL HANDICAP. CENTRAL COLLEGE STUDENTS HAVE EQUAL RIGHTS, PRIVILEGES, AND RESPONSIBILITIES UNLESS SPECIFICALLY RESTRICTED BY DISCIPLINARY PROCESS. NORTH AMERICA 1 1 PROGRAM SERVICES SCHOOL EDUCATIONAL 308898 EUROPE 6 6 PROGRAM SERVICES SCHOOL EDUCATIONAL 3299394 7 7 7 7 3608292 3608292 false false false false false false true 0 0 CENTRAL ENDOWED SCHOLARSHIPS 636 1435553 CENTRAL COLLEGE AWARDED FIN AID 1415 19477347 Additional Supplemental Information CENTRAL COLLEGE PROCEDURE FOR MONITORING GRANTS:CENTRAL COLLEGE EMPLOYEES REVIEW COMPLIANCE FOR ALL FEDERAL, STATE, AND PRIVATE GRANTS RECEIVED. IN ADDITION, CENTRAL RECEIVES AN A-133 AUDIT ON AN ANNUAL BASIS FROM OUR EXTERNAL AUDIT FIRM. X X true true X X X X false false false false false false false false false false MARY STREY 167831 17762 13958 199551 MARK PUTNAM 231796 35725 9998 277519 Sch J, Part III, Additional Information Part III, Additional Information CENTRAL COLLEGE OWNED PROPERTY IS PROVIDED TO THE PRESIDENT. THE PROPERTY IS USED FOR MANY COLLEGE FUNCTIONS, MEALS, AND RECEPTIONS INVOLVING FACULTY, STAFF, STUDENTS, DONORS, AND THE GENERAL PUBLIC THROUGHOUT THE YEAR. THERE IS NOT PRIVATE RESIDENCE FOR THE FAMILY.HEALTH OR SOCIAL CLUB DUES: TREATED AS A TAXABLE BENEFIT.THE PRESIDENT PAYS FOR ANY PERSONAL MEALS. Sch J, Part I, Line 1a Part I, Line 1a: Relevant information in regards to selections on 1a. D IOWA HIGHER EDUCATION ATH 421235696 462460W77 2012-06-14 14803707 SEE PART VI false false false C IOWA HIGHER EDUCATION ATH 421235696 462460W69 2012-06-14 35935048 REFUND PRIOR ISSUE 5-22-01 false false false B IOWA FINANCE AUTHORITY 521699886 46246ABC7 2008-09-04 23480000 CONST OF STUDENT RES. HALL false false false A CITY OF PELLA 426005115 2005-06-29 2100000 SEE PART VI false false false D 14803707 1509500 244207 13050000 true false true true C 35933706 2841849 569420 35303197 true false true true B 13680000 23580724 221753 137505 23221466 false false true true A 979267 2105537 27486 2078052 false false true true D false false false false false false true C false false false false false false true B false false false false false false true A false false false false false false true D false true true false false false false true C false true true false false false false true B false true false false false false false true A false false true true false false false true D true C true B true A true Supplemental Information Part VI Schedule K, Part IV, Arbitrage, Line 2c:(a) Issuer Name: City of Pella Date the Rebate Computation was Performed: 12/29/2006Part IV, Line 2c, column A - 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 I, Line A, column (f) - Construct Instructional Building, Remodel Dormitory, OtherPart I, Line D, column (f) - Partial refund prior issue (09/07/08)Part II, Line 3, columns A & B - The total proceeds do not agree to the issue price in Part I, column (e) due to investment earnings/loss.Part II, Line 3, column C - The total proceeds do not equal the summation of lines 4-12 due to transferred or replacement proceeds in line 4. X 2 4300 APPRAISAL X 18 342271 STOCK EXCHANGE X MEALS/SUPPLIES 2 227 COST X GIFT CARDS 2 983 COST X LANDSCAPE 2 7291 COST BASIS X CORN 1 783 COMMODITY MKT X IN-KIND 1 6051 COST false true true SCHEDULE K, PART II, LINE 3, COLUMNS A &B THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN (e) DUE TO INVESTMENT EARNINGS. SCHEDULE K, PART II, LINE 3 THE TOTAL PROCEEDS DO NOT EQUAL THE SUMMATION OF LINES 4-12 DUE TO TRANSFERRED OR REPLACEMENT PROCEEDS IN LINE 4. SCHEDULE K, PART I, LINE D, COLUMN (F) PARTIAL REFUND PRIOR ISSUE (09/04/08) SCHEDULE K, PART I, LINE A, COLUMN F CONSTRUCT INSTRUCTIONAL BUILDING, REMODEL DORMITORY, OTHER FORM 990, PART XI, LINE 5, OTHER CHANGES IN NET ASSETS OR FUND BALANCE NET REALIZED GAIN $2,321,498 ON INVESTMENTS FORM 990, PART V, LINE 4B NAMES OF ADDITIONAL FOREIGN COUNTRIES: SPAIN, FRANCE, AUSTRIA, NETHERLANDS, MEXICO. Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available AVAILABLE UPON REQUEST Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees PRESIDENT'S SALARY IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES COMPENSATION COMMITTEE. SALARIES OF KEY EMPLOYEES AND OFFICERS ARE APPROVED BY DIRECT REPORTS. ALL SALARIES ARE MONITORED BY THE BUSINESS OFFICE MONTHLY. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts CONFLICT OF INTEREST DOCUMENT IS COMPLETED EACH YEAR AND MONITORED BY THE TREASURER'S OFFICE. Form 990, Part VI, Line 11b Form 990, Part VI, Line 11b: Form 990 Review Process FORM 990 IS REVIEWED BY GOVERNANCE BOARD OF THE COLLEGE BEFORE FILING. Form 990, Part III, Line 4d Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: EXPENSES RELATED TO ACADEMIC SUPPORT INCLUDING LIBRARY AND ACADEMIC COMPUTER ACTIVITIES FOR A FOUR-YEAR RESIDENTIAL CAMPUS. OTHER PROGRAM SERVICES 5: GOVERNMENT-SPONSORED TRIO PROGRAMS - EXPENSES OF FEDERAL GRANT PROGRAM