MOUND FARM HOLDINGS INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- MOUND FARM HOLDINGS INC (EIN 42-0681046)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-04-04
- IRS object ID
- 201430949349300538
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-04-04T16:26:09-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420714325 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCGLADREY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 221 THIRD AVENUE SE STE 300 | AddressLine1 |
| City | CEDAR RAPIDS | City |
| State | IA | State |
| ZIP Code | 524011512 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420681046 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOUNT MERCY UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MOUN | NameControl |
| Phone | 3193686470 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1330 ELMHURST DRIVE NE | AddressLine1 |
| City | CEDAR RAPIDS | City |
| State | IA | State |
| ZIP Code | 52402 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LAURIE HAMEN | Name |
| Title | PRESIDENT | Title |
| Phone | 3193686470 | Phone |
| Date Signed | 2014-04-01 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KAY HEGARTY | Name |
| PTIN | P00091057 | PTIN |
| Phone | 3192985333 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | LAURIE HAMEN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1330 ELMHURST DRIVE NE | AddressLine1 |
| City | CEDAR RAPIDS | City |
| State | IA | State |
| ZIP Code | 52402 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 74626051 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.MTMERCY.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1928 | YearFormation |
| State Legal Domicile | IA | StateLegalDomicile |
| Activity Or Mission Description | PROVIDE UNDERGRADUATE AND GRADUATE HIGHER EDUCATION FOR APPROXIMATELY 1,800 STUDENTS | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 31 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 31 | NbrIndependentVotingMembers |
| Total Nbr Employees | 965 | TotalNbrEmployees |
| Total Nbr Volunteers | 366 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 4222890 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 4601024 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 33951743 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 34840419 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 434022 | InvestmentIncomePriorYear |
| Investment Income Current Year | 3538165 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 352905 | OtherRevenuePriorYear |
| Other Revenue Current Year | 265870 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 38961560 | TotalRevenuePriorYear |
| Total Revenue Current Year | 43245478 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 8656841 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 9210531 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 16843791 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 17684356 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 73083 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 67215 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1406329 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 11200284 | OtherExpensePriorYear |
| Other Expenses Current Year | 11520207 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 36773999 | TotalExpensesPriorYear |
| Total Expenses Current Year | 38482309 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2187561 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 4763169 | RevenuesLessExpensesCY |
| Total Assets BOY | 69042335 | TotalAssetsBOY |
| Total Assets EOY | 77611239 | TotalAssetsEOY |
| Total Liabilities BOY | 15760493 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 20383557 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 53281842 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 57227682 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | CATHOLIC UNIVERSITY PROVIDING STUDENT FOCUSED BACCALAUREATE AND GRADUATE EDUCATION IN THE SPIRIT OF THE SISTERS OF MERCY. WELCOMES WOMEN AND MEN OF ALL BELIEFS TO JOIN THE COMMUNITY IN PURSUIT OF EDUCATION AND SERVICE TO THOSE IN NEED. PROMOTES REFLECTIVE JUDGMENT, STRATEGIC COMMUNICATION, THE COMMON GOOD AND PURPOSEFUL LIVING THROUGH A CORE CURRICULUM, LIBERAL ARTS AND PROFESSIONAL MAJORS AND STUDENT DEVELOPMENT PROGRAMS. STRIVE FOR EXCELLENCE IN ACCOMPLISHING OUR MISSION THROUGH FOUR INTERDEPENDENT GOALS: USING REFLECTIVE JUDGMENT, ENGAGING IN STRATEGIC COMMUNICATION, SERVING THE COMMON GOOD AND PROMOTING PURPOSEFUL LIVING. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 18962302 | Expense |
| Grants | 9210531 | Grants |
| Revenue | 30945145 | Revenue |
| Description | INSTRUCTION: PROVIDE GRADUATE AND UNDERGRADUATE HIGHER EDUCATION IN PROGRAMS INCLUDING TRADITIONAL DAYTIME FORMAT, NON TRADITIONAL EVENING FORMAT AND ACCELERATED EVENING AND WEEKEND FORMAT. DEGREES GRANTED INCLUDE MFT, MSN & MBA, MA IN EDUCATION (GRADUATE PROGRAMS) AND BA, BS, BAS AND BBA (UNDERGRADUATE PROGRAMS). FOR FALL OF 2012, THERE WERE 1,099 TRADITIONAL, 414 ACCELERATED AND 297 GRADUATE STUDENTS. TOTAL UNDERGRADUATE FTE WAS 1,256; GRADUATE FTE WAS 252. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3906916 | Expense |
| Revenue | 3571885 | Revenue |
| Description | AUXILIARY SERVICES: PROVIDE RESIDENCE HALLS WITH CAPACITY OF 450 STUDENTS, MEALS (BOARD PLANS) FOR RESIDENTIAL AND NON-RESIDENTIAL STUDENTS AND BOOKSTORE FOR TEXTBOOK PURCHASES. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3365080 | Expense |
| Revenue | 323389 | Revenue |
| Description | ACADEMIC SUPPORT: PROVIDE ACADEMIC RESOURCES TO ALL STUDENTS INCLUDING LIBRARY SERVICES, COMPUTER CENTER AND LABS, ACADEMIC ASSISTANCE AND CAMPUS MINISTRIES. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 4981251 | Expense |
| Description | STUDENT SERVICES: ATHLETICS, HEALTH SERVICES, ADMISSIONS AND FINANCIAL AID. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 4981251 | TotalOfOtherProgramServiceExp |
| Total Program Service Expense | 31215549 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 138 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 965 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 31 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 31 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JENNIFER KAEFRING | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3193638213 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1330 ELMHURST DRIVE NE | AddressLine1 |
| City | CEDAR RAPIDS | City |
| State | IA | State |
| ZIP Code | 52402 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (37 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| BRANDT A WORLEY | |||||||
| CHAIR & TRUSTEE | 1.00 | X | X | 0 | 0 | 0 | |
| BARBARA A BARHAMAND | |||||||
| VICE CHAIR & TRUSTEE | 1.00 | X | X | 0 | 0 | 0 | |
| SR MARY LOU PODZIMEK | |||||||
| SECRETARY & TRUSTEE | 1.00 | X | X | 0 | 0 | 0 | |
| SR MARGARET WEIGEL | |||||||
| ASST SECRETARY & TRUSTEE | 1.00 | X | X | 0 | 0 | 0 | |
| CHARLES ROHDE | |||||||
| IMMEDIATE PAST CHAIR & TRUSTEE | 1.00 | X | X | 0 | 0 | 0 | |
| MARTIN ANDREAS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| THOMAS BARBEE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DAWN M BAZARKA | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| F JAMES BRADLEY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MICHELE BUSSE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| TERRI CHRISTOFFERSEN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| LORREN COPPOCK | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| PATRICK FALCONIO | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MAGDA GOLOBIC | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CAMMIE GREIF | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| SR DELORES HANNON | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| RONALD HEROLD | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| NANCY KASPAREK | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ROBERT F KAZIMOUR | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| RICHARD KETTELKAMP | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| BRUCE KING | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| BARBARA KNAPP | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| C JOHN LINGE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| SCOTT LYNCH | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JAMES NIKRANT | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| H THOMAS REED | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JOHN RINDERKNECHT | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DYAN SMITH | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MARGEE STAMPER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| SR KATHY THORTON | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| REV MSGR THOMAS THOALE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CHRISTOPHER BLAKE | |||||||
| PRESIDENT & TRUSTEE | 40.00 | X | X | 362904 | 0 | 84661 | |
| BARBARA PARKS POOLEY | |||||||
| CFO - TREASURER | 40.00 | X | 129727 | 0 | 27057 | ||
| NORM NIELSEN | |||||||
| INTERIM PRESIDENT | 40.00 | X | 0 | 0 | 0 | ||
| MELODY GRAHAM | |||||||
| PROVOST | 40.00 | 126984 | 0 | 15227 | X | ||
| DUFF RIDGEWAY | |||||||
| VP DEVELOPMENT & ALUMNI REL | 40.00 | 115621 | 0 | 29504 | X | ||
| VICKY SMITH | |||||||
| VP ADMINISTRATION | 40.00 | 105875 | 0 | 14373 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 841111 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 170822 | TotalOtherCompensation |
| Number Individuals GT100 K | 5 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| RINDERKNECHT ASSOCIATES INC | |||||
| 1000 29TH AVENUE SW | CEDAR RAPIDS | IA | 52404 | CONTRACTOR | 2647498 |
| ARAMARK CORPORATION | |||||
| 6000 FELDWOOD ROAD | COLLEGE PARK | PA | 30349 | FOOD SERVICE | 1906938 |
| COMMON SENSE ADVERTISING | |||||
| PO BOX 1815 | IOWA CITY | IA | 52244 | ADVERTISING | 237680 |
| CEDAR VALLEY TRAVEL | |||||
| 6100 7TH ST SW | CEDAR RAPIDS | IA | 52404 | CHARTER BUS | 163538 |
| OPN ARCHITECTS INC | |||||
| 200 5TH AVE SE STE 201 | CEDAR RAPIDS | IA | 52401 | ARCHITECTS | 136578 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 6 | NumberOfContractorsGT100K |
| Fundraising Events | 18930 | FundraisingEvents |
| Government Grants | 172053 | GovernmentGrants |
| All Other Contributions | 4410041 | AllOtherContributions |
| Noncash Contributions | 1002381 | NoncashContributions |
| Total Contributions | 4601024 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION & FEES | 611600 | 30600442 | 30600442 |
| AUXILARY SERVICE | 611710 | 3571885 | 3571885 |
| MISCELLANEOUS | 611710 | 334819 | 334819 |
| FEES & ASSESSMENTS | 611710 | 323389 | 323389 |
| STUDENT FEES | 611710 | 9884 | 9884 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 34840419 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 726702 | TotalRevenueColumn |
| Exclusion | $726,702 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 33399936 | Securities |
| Other | 137500 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 30560313 | Securities |
| Other | 165660 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2839623 | Securities |
| Other | -28160 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2811463 | TotalRevenueColumn |
| Exclusion | $2,811,463 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 18000 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 18930 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 12416 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5584 | TotalRevenueColumn |
| Exclusion | $5,584 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 902470 | GrossSalesOfInventory |
| Cost Of Goods Sold | 642184 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 260286 | TotalRevenueColumn |
| Exclusion | $260,286 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 43245478 | TotalRevenueColumn |
| Related Or Exempt Function Income | 34840419 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $3,804,035 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9210531 | Total |
| Program Services | 9210531 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 745564 | Total |
| Management And General | 578764 | ManagementAndGeneral |
| Fundraising | 166800 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13273091 | Total |
| Program Services | 11625812 | ProgramServices |
| Management And General | 1211513 | ManagementAndGeneral |
| Fundraising | 435766 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 637514 | Total |
| Program Services | 528423 | ProgramServices |
| Management And General | 81565 | ManagementAndGeneral |
| Fundraising | 27526 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2098531 | Total |
| Program Services | 1739433 | ProgramServices |
| Management And General | 268489 | ManagementAndGeneral |
| Fundraising | 90609 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 929656 | Total |
| Program Services | 778683 | ProgramServices |
| Management And General | 103249 | ManagementAndGeneral |
| Fundraising | 47724 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 84140 | Total |
| Management And General | 84140 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 106826 | Total |
| Management And General | 106826 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 67215 | Total |
| Fundraising | 67215 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 80143 | Total |
| Management And General | 80143 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2305496 | Total |
| Program Services | 2017805 | ProgramServices |
| Management And General | 198758 | ManagementAndGeneral |
| Fundraising | 88933 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 782573 | Total |
| Program Services | 19888 | ProgramServices |
| Management And General | 762685 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1348314 | Total |
| Program Services | 1064443 | ProgramServices |
| Management And General | 202688 | ManagementAndGeneral |
| Fundraising | 81183 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1417384 | Total |
| Program Services | 1314543 | ProgramServices |
| Management And General | 71142 | ManagementAndGeneral |
| Fundraising | 31699 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 536484 | Total |
| Program Services | 413487 | ProgramServices |
| Management And General | 89259 | ManagementAndGeneral |
| Fundraising | 33738 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 112074 | Total |
| Program Services | 72042 | ProgramServices |
| Management And General | 34723 | ManagementAndGeneral |
| Fundraising | 5309 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 447642 | Total |
| Management And General | 447642 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1933195 | Total |
| Program Services | 1655803 | ProgramServices |
| Management And General | 175019 | ManagementAndGeneral |
| Fundraising | 102373 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 272159 | Total |
| Program Services | 75016 | ProgramServices |
| Management And General | 194206 | ManagementAndGeneral |
| Fundraising | 2937 | Fundraising |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| STUDENT/ATHLETIC/FUNCTI | 640435 | 586505 | 15184 | 38746 |
| EQUIPMENT RENTAL & MAIN | 449529 | 422084 | 27445 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1003813 | Total |
| Program Services | 113135 | ProgramServices |
| Management And General | 732352 | ManagementAndGeneral |
| Fundraising | 158326 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38482309 | Total |
| Program Services | 31215549 | ProgramServices |
| Management And General | 5860431 | ManagementAndGeneral |
| Fundraising | 1406329 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3687 | BOY |
| EOY | 3869 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1794650 | BOY |
| EOY | 2931067 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5222031 | BOY |
| EOY | 6252588 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2604479 | BOY |
| EOY | 2020218 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 126058 | BOY |
| EOY | 93472 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 528210 | BOY |
| EOY | 493875 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 64565556 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 25439349 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34982678 | BOY |
| EOY | 39126207 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18637949 | BOY |
| EOY | 19899904 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3009409 | BOY |
| EOY | 3045660 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1943690 | BOY |
| EOY | 1651031 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 189494 | BOY |
| EOY | 2093348 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 69042335 | BOY |
| EOY | 77611239 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2751898 | BOY |
| EOY | 3211730 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 414772 | BOY |
| EOY | 499374 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9346717 | BOY |
| EOY | 8382050 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 620566 | BOY |
| EOY | 5439443 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2626540 | BOY |
| EOY | 2850960 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15760493 | BOY |
| EOY | 20383557 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33055414 | BOY |
| EOY | 36266976 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6058843 | BOY |
| EOY | 5737187 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14167585 | BOY |
| EOY | 15223519 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 53281842 | BOY |
| EOY | 57227682 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 69042335 | BOY |
| EOY | 77611239 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 4763169 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | -899795 | ReconciliationUnrealizedInvest |
| Reconcilation Donated Services | 40120 | ReconcilationDonatedServices |
| Reconcilation Other Changes | 42346 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 23086145 | BeginningOfYearBalance |
| Contributions | 867093 | Contributions |
| Investment Earnings Or Losses | 2530247 | InvestmentEarningsOrLosses |
| Other Expenditures | 2323696 | OtherExpenditures |
| End Of Year Balance | 24159789 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 23585566 | BeginningOfYearBalance |
| Contributions | 692214 | Contributions |
| Investment Earnings Or Losses | -293968 | InvestmentEarningsOrLosses |
| Other Expenditures | 897667 | OtherExpenditures |
| End Of Year Balance | 23086145 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 19641585 | BeginningOfYearBalance |
| Contributions | 349299 | Contributions |
| Investment Earnings Or Losses | 4436641 | InvestmentEarningsOrLosses |
| Other Expenditures | 841959 | OtherExpenditures |
| End Of Year Balance | 23585566 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 16034256 | BeginningOfYearBalance |
| Contributions | 1537585 | Contributions |
| Investment Earnings Or Losses | 2688560 | InvestmentEarningsOrLosses |
| Other Expenditures | 618816 | OtherExpenditures |
| End Of Year Balance | 19641585 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 21841519 | BeginningOfYearBalance |
| Contributions | 308958 | Contributions |
| Investment Earnings Or Losses | -5146191 | InvestmentEarningsOrLosses |
| Other Expenditures | 970030 | OtherExpenditures |
| End Of Year Balance | 16034256 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.22510 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.77490 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2115920 | OtherCostOrOtherBasis |
| Book Value | 2115920 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 46461134 | OtherCostOrOtherBasis |
| Depreciation | 17120798 | Depreciation |
| Book Value | 29340336 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10393091 | OtherCostOrOtherBasis |
| Depreciation | 7240863 | Depreciation |
| Book Value | 3152228 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5595411 | OtherCostOrOtherBasis |
| Depreciation | 1077688 | Depreciation |
| Book Value | 4517723 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 39126207 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ANNUITIES PAYABLE | $70,000 |
| DUE TO US GOVT PROGRAM | $1,740,402 |
| CAPITAL LEASE AGREEMENTS | $1,040,558 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2850960 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 33737313 | TotRevenueEtcAuditedFinclStmt |
| Donated Srvc And Use Of Facilities | 40120 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | -337754 | OtherRevenues |
| Revenue Not Rptd F990 | -297634 | RevenueNotRptdF990 |
| Revenue Subtotal | 34034947 | RevenueSubtotal |
| Other Revenues Not Included | 9210531 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 9210531 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 43245478 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 29833819 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 642184 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 642184 | ExpensesNotRptdF990 |
| Expenses Subtotal | 29191635 | ExpensesSubtotal |
| Other Expenses Not Included | 9290674 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 9290674 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 38482309 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | PROVIDE SCHOLARSHIPS TO STUDENTS AND SUPPORT ACADEMIC PROGRAMS AND DEPARTMENTS. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X, LINE 2: | THE UNIVERSITY IS RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES ON ANY NET INCOME FROM UNRELATED BUSINESS ACTIVITIES. THE UNIVERSITY FILES A FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) ANNUALLY AND UNRELATED BUSINESS INCOME (UBI) IS REPORTED ON FORM 990-T, AS APPROPRIATE. MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS, WHICH INCLUDE SUCH MATTERS AS THE TAX EXEMPT STATUS AND VARIOUS POSITIONS RELATIVE TO POTENTIAL SOURCES OF UBI. AS OF JUNE 30, 2013 AND 2012, THERE WERE NO UNCERTAIN TAX BENEFITS IDENTIFIED AND RECORDED AS A LIABILITY. FORMS 990 AND 990-T FILED BY THE UNIVERSITY ARE NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR THE FISCAL YEARS ENDED JUNE 30, 2009 AND PRIOR. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD 642,184. INVESTMENT MANAGEMENT FEES SHOWN AS EXPENSE -80,143. NET UNREALIZED LOSS ON INVESTMENTS -899,795. | |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS & GRANTS PAID 9,210,531. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD SHOWN UNDER REVENUE 642,184. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS & GRANTS PAID 9,210,531. INVESTMENT MANAGEMENT FEES SHOWN AS EXPENSE 80,143. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | EQUAL OPPORTUNITY POLICY PUBLISHED IN THE MOUNT MERCY UNIVERSITY CATALOG. SEE PART II FOR POLICY. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | MOUNT MERCY UNIVERSITY RECEIVES FEDERAL AND STATE FINANCIAL AID AND GRANTS. |
| ADDITIONAL EXPLANATION FOR NONDISCRIMINATORY POLICY | SCHEDULE E, LINE 3 | APPLICANTS FOR ADMISSION AND EMPLOYMENT, STUDENTS, EMPLOYEES & SOURCES OF REFERRAL OF APPLICATIONS FOR ADMISSION & EMPLOYMENT ARE HEREBY NOTIFIED THAT MOUNT MERCY UNIVERSITY DOES NOT UNLAWFULLY DISCRIMINATE ON THE BASIS OF AGE, RACE, RELIGION, CREED, COLOR, SEX, SEXUAL ORIENTATION, NATIONAL ORIGIN, ANCESTRY OR DISABILITY IN ADMISSION OR ACCESS TO, OR TREATMENT OR EMPLOYMENT IN, ITS PROGRAMS & ACTIVITIES, SERVICES OR PRACTICES. ANY PERSON HAVING INQUIRIES CONCERNING THE UNIVERSITY'S COMPLIANCE WITH THE REGULATIONS IMPLEMENTING TITLE VI, TITLE IX & SECTION 504 OF THE REHABILITATION ACT OF 1973 & THE AMERICANS WITH DISABILITY ACT IS DIRECTED TO CONTACT EQUAL OPPORTUNITY OFFICER, 319-363-8213, WHO HAS BEEN DESIGNATED AS THE EQUAL EMPLOYMENT OPPORTUNITY & AFFIRMATIVE ACTION OFFICER. ANY PERSON ALSO MAY CONTACT THE DEPARTMENT OF EDUCATION REGARDING THE UNIVERSITY'S COMPLIANCE WITH REGULATIONS IMPLEMENTING TITLE VI, TITLE IX & SECTION 504 OF THE REHABILITATION ACT OF 1973 & THE AMERICANS WITH DISABILITY ACT. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
Name Of Organization NameOfOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RUFFALO CODY | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 65 KIRKWOOD NORTH RD SW | AddressLine1 |
| City | CEDAR RAPIDS | City |
| State | IA | State |
| ZIP Code | 52404 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | RESEARCH, DIRECT MAIL & EMAIL SOLICITATION | Activity |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 156713 | GrossReceipts |
| Amount Retained By Contractor | 67215 | AmountRetainedByContractor |
| Net To Organization | 89498 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 156713 | TotalGrossReceipts |
| Total Retained By Contractors | 67215 | TotalRetainedByContractors |
| Total Net To Organization | 89498 | TotalNetToOrganization |
| Licensed States | IA | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GOLF OUTING | NameOfEvent1 |
| Gross Receipts Event1 | 36930 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 18930 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 18000 | GrossRevenueEvent1 |
| Cash Prizes Event1 | 100 | CashPrizesEvent1 |
| Rent Facility Costs Event1 | 7438 | RentFacilityCostsEvent1 |
| Other Direct Expenses Event1 | 4878 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 36930 | GrossReceiptsTotal |
| Charitable Contributions Total | 18930 | CharitableContributionsTotal |
| Gross Revenue Total Events | 18000 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 100 | CashPrizesTotalEvents |
| Rent Facility Costs Total Events | 7438 | RentFacilityCostsTotalEvents |
| Other Direct Expenses Total Events | 4878 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 12416 | DirectExpenseSummaryEvents |
| Net Income Summary | 5584 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (3 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| ENDOWED SCHOLARSHIPS | 220 | 389372 |
| ATHLETIC SCHOLARSHIPS | 302 | 1102507 |
| MERIT SCHOLARSHIPS | 1073 | 7718652 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE ACADEMIC PROGRESS OF FINANCIAL AID RECIPIENTS IS MONITORED A MINIMUM OF ONCE EACH ACADEMIC YEAR. STUDENTS SHOULD CONTACT THE FINANCIAL AID OFFICE WITH QUESTIONS REGARDING THE INTENT AND/OR INTERPRETATION OF THESE STANDARDS. COMPLETION RATE AND GRADE POINT AVERAGE (GPA) REQUIREMENTS FULL-TIME STUDENTS (STUDENTS ATTEMPTING 12 OR MORE CREDIT HOURS EACH SEMESTER) MUST PROGRESS ACCORDING TO THE FOLLOWING SCHEDULE: MINIMUM CREDITS MINIMUM REQUIRED SUCCESSFULLY COMPLETED CUMULATIVE GPA YEAR 1 24 1.70 YEAR 2 48 2.00 YEAR 3 72 2.00 YEAR 4 96 2.00 YEAR 5 123 2.00 THESE CREDIT HOURS MUST BE EARNED DURING THE ACADEMIC YEAR (FALL, WINTER AND SPRING). HOWEVER, IF A STUDENT DOES NOT MEET THESE REQUIRED HOURS, THEY MAY BE EARNED DURING THE FOLLOWING SUMMER SESSION(S). FAILURE TO ACHIEVE THIS STANDARD BY THE END OF THE SUMMER WILL RESULT IN THE LOSS OF FINANCIAL AID ELIGIBILITY UNTIL THE COMPLETED CUMULATIVE HOURS MEET THE MINIMUM STANDARDS. LOSS OF AID IS NOT THE SAME AS ACADEMIC SUSPENSION, WHICH IS HANDLED BY THE VICE PRESIDENT OF ACADEMIC AFFAIRS. PART-TIME STUDENTS MUST SUCCESSFULLY COMPLETE ONE-HALF OF THE CREDIT HOURS THEY ATTEMPT. COMBINED STUDENTS (STUDENTS BLENDING TERMS OF FULL- AND PART-TIME ENROLLMENT) MUST ACHIEVE A CUMULATIVE TOTAL THAT SATISFIES THE COMBINED FULL- AND PART-TIME STANDARDS. STUDENTS WHO DO NOT ACHIEVE THE MINIMUM CUMULATIVE GPA ARE GRANTED ONE PROBATIONARY SEMESTER IN WHICH TO RAISE THEIR CUMULATIVE GPA TO THE MINIMUM. FAILURE TO ACHIEVE THIS STANDARD AT ANY POINT FOLLOWING THE PROBATIONARY SEMESTER RESULTS IN THE LOSS OF FINANCIAL AID ELIGIBILITY UNTIL THE CUMULATIVE GPA MEETS THE MINIMUM STANDARDS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CHRISTOPHER BLAKE | ||||||||||||||
| PRESIDENT & TRUSTEE | 245000 | 0 | 55497 | 0 | 62407 | 0 | 57142 | 0 | 27519 | 0 | 447565 | 0 | 0 | 0 |
| BARBARA PARKS POOLEY | ||||||||||||||
| CFO - TREASURER | 129292 | 0 | 0 | 0 | 435 | 0 | 0 | 0 | 27057 | 0 | 156784 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | ON THE OFFICER'S W-2S, EXPENSES PAID FOR TRAVEL FOR COMPANIONS ARE SHOWN AS TAXABLE WAGES. THE HOUSING ALLOWANCE AND PERSONAL SERVICES IS FOR THE HOUSE THAT MOUNT MERCY UNIVERSITY OWNS AND THE PRESIDENT RESIDES IN WHERE HE CONDUCTS SIGNIFICANT BUSINESS ACTIVITIES AND HOLDS COLLEGE RELATED ENTERTAINMENT FUNCTIONS. SOCIAL CLUB DUES PAID BY THE ORGANIZATION ARE ALLOCATED BETWEEN BUSINESS AND PERSONAL BASED ON USAGE. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LINN COUNTY IA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 426004338 | IssuerEIN |
| Date Issued | 2010-06-18 | DateIssued |
| Issue Price | 9970000 | IssuePrice |
| Description Of Purpose | FINANCE LAND, BLDG & EQUIPMENT | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Amount Retired | 862667 | AmountRetired |
| Total Proceeds | 9970000 | TotalProceeds |
| Issuance Costs From Proceeds | 27136 | IssuanceCostsFromProceeds |
| Working Capital Expenditures | 9942864 | WorkingCapitalExpenditures |
| Year Of Subst Completion | 2012 | YearOfSubstCompletion |
| Current Refunding | 1 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| Bond Iss Meet Prvt Security Pay Test | 1 | BondIssMeetPrvtSecurityPayTest |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedProp |
| Non Qualified Bond Remed Procdrs | 1 | NonQualifiedBondRemedProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiled |
| Rebate Not Due Yet | 0 | RebateNotDueYet |
| Exception To Rebate | 1 | ExceptionToRebate |
| No Rebate Due | 0 | NoRebateDue |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 1 | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | US BANK | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 7.300000000000 | TermOfHedge |
| Superintegrated Hedge | 0 | SuperintegratedHedge |
| Hedge Terminated | 0 | HedgeTerminated |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqs |
Form990 Schedule K Part V Form990ScheduleKPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Proc To Undertk Corrective Action | 1 | ProcToUndertkCorrectiveAction |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | CHRISTOPHER BLAKE | NamePerson |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $5,120 | OriginalPrincipalAmount |
| Balance Due | 1065 | BalanceDue |
| Default | 0 | Default |
| Approved By Board | 1 | ApprovedByBoard |
| Written Agreement | 1 | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 1065 | TotalBalanceDue |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 9 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 180555 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MEANS PRICE | MethodOfDeterminingRevenues |
Real Estate Commercial RealEstateCommercial
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 720000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | APPRAISED VALUE | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | INSURANCE POLICY | Description |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 101826 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | CASH SURRENDER VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS: | Identifier |
| Return Reference | PART I, COLUMN (B): | ReturnReference |
| Explanation | THE NUMBER OF CONTRIBUTORS | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (12 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | BARBARA KNAPP, BOARD TRUSTEE AND JIM NIKRANT, BOARD TRUSTEE HAVE A FAMILY RELATIONSHIP. | |
| FORM 990, PART VI, SECTION A, LINE 6 | MEMBERS CONSIST OF BOARD OF TRUSTEES AND HONORARY MEMBERS | |
| FORM 990, PART VI, SECTION A, LINE 7A | MEMBERS ARE THE BOARD TRUSTEES WHO ELECT MEMBERS OF THE GOVERNING BODY. ACCORDING TO THE BY-LAWS OF THE UNIVERSITY, PRIOR TO SUBMISSION TO THE BOARD OF TRUSTEES FOR APPROVAL, NAMES FOR INTITIAL TRUSTEE SERVICE WILL BE SUBMITTED TO CONFERENCE OF MERCY HIGHER EDUCATION (CMHE). CMHE WILL HAVE THIRTY CALENDAR DAYS TO CONFIRM OR REJECT THE SUBMISSION. CONFIRMATION WILL NOT BE UNREASONABLY REFUSED. IF CMHE DOES NOT OBJECT WITHIN THIRTY DAYS OF RECEIPT OF THE SUBMISSION, THE SUBMISSION WILL BE DEEMED TO BE CONFIRMED. IN PRACTICE, CMHE HAS NOT EXERCISED THE RIGHT TO CONFIRM OR REJECT THE SUBMISSION FOR INITIAL TRUSTEE SERVICE. | |
| FORM 990, PART VI, SECTION A, LINE 7B | MEMBERS ARE THE BOARD OF TRUSTEES. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FINANCE COMMITTEE REVIEWS THE 990 PRIOR TO IT BEING FILED AND VOTES TO ACCEPT IT. EACH BOARD MEMBER RECEIVES A COPY OF THE COMPLETED 990 PRIOR TO THE RETURN BEING FILED WITH THE INTERNAL REVENUE SERVICE. | |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH YEAR ALL BOARD MEMBERS AND EXECUTIVE STAFF SUBMIT THE COMPLETED COI QUESTIONNAIRE. THESE ARE REVIEWED BY THE EXECUTIVE ASSISTANT TO THE PRESIDENT. BOARD MEMBERS AND EXECUTIVE STAFF DO NOT PARTICIPATE IN DECISIONS (EITHER DISCUSSION OR VOTING) REGARDING ITEMS WITH WHICH THEY HAVE A CONFLICT OF INTEREST. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES EACH YEAR REVIEWS THE SALARY AND BENEFITS OF THE PRESIDENT, PROVOST, VICE PRESIDENT FOR FINANCE, VICE PRESIDENT FOR INSTITUTIONAL ADVANCEMENT AND VICE PRESIDENT FOR ENROLLMENT AND STUDENT AFFAIRS. AS A PART OF THE REVIEW, THE SALARIES FOR SIMILAR POSITIONS IN HIGHER EDUCATION ARE RESEARCHED AND COMPARED WITH THE SALARIES AT MOUNT MERCY IN ORDER TO DETERMINE REASONABLENESS AND COMPETITIVENESS. THE EXECUTIVE COMMITTEE EITHER APPROVES THE SALARIES OR MAKES RECOMMENDATIONS FOR ADJUSTMENTS BASED UPON THE COMPARATIVE DATA SUPPLIED. ALL COMPENSATION DECISIONS ARE CONTEMPORANEOUSLY DOCUMENTED. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS,CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. | |
| FORM 990, PART VII | NORM NIELSEN BEGAN SERVICE AS INTERIM PRESIDENT ON JUNE 3, 2013. THEREFORE, HE RECEIVED NO COMPENSATION DURING CALENDAR YEAR 2012. | INTERIM PRESIDENT |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 42,346. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART I, LINE 6 | VOLUNTEERS CONSIST OF VOLUNTEERS FOR BOARD MEMBERS AND PHONATHON AND VOLUNTEER COACHES FOR EM, DEVELOPMENT AND ACADEMIC AFFAIRS. | TOTAL NUMBER OF VOLUNTEERS IS 366 |
| FORM 8886 | THE PARTNERSHIP INVESTS IN FOREIGN FORWARD CONTRACTS, SECURITIES & RELATED FINANCIAL INSTRUMENTS FOR ITS OWN ACCOUNT. AS PART OF SUCH ACTIVITY, THE PARTNERSHIP HOLDS NON-U.S. DOLLAR DENOMINATED ASSETS & CURRENCIES. THE REGULAR ACTIVITY AND PURPOSE OF THE PARTNERSHIP IS TO GENERATE A PRE-TAX ECONOMIC RATE OF RETURN. THE AMOUNT OF SUCH NON-U.S. DOLLAR DENOMINATED ASSETS & CURRENCIES INCREASE AND/OR DECREASE THROUGHOUT THE YEAR AT FREQUENT INTERVALS. THE PARTNERSHIP HAS FORWARD CURRENCY TRANSACTIONS WHERE LOSSES WERE CLAIMED UNDER IRC SECTION 165 THAT EXCEEDED THE RELEVANT $2 MILLION REPORTABLE THRESHOLD. THE LOSSES ARE CHARACTERIZED AS ORDINARY LOSSES UNDER IRC SEC 988. THE ADJUSTED TAX BASIS OF NON-U.S. DOLLAR DENOMINATED ASSETS & CURRENCIES OBTAINED BY THE PARTNERSHIP ARE DETERMINED BY WAY OF CASH PAID & GAINS & LOSSES ON SUCH TRANSACTIONS ARE CHARACTERIZED AS ORDINARY UNDER IRC SEC 988. THESE TRANSACTIONS ARE NOT PART OF A HEDGING STRATEGY OR STRADDLE TRANSACTION & PRODUCED REAL ECONOMIC LOSSES. THE ORGANIZATION'S SHARE OF THE REPORTABLE LOSS TRANSACTIONS RELATED TO THE BOND TRANSACTION IS: -$5,554. FORM 8886 IS BEING FILED AS A PROTECTIVE MEASURE. | FORM 8886, PAGE 2, QUESTION 7B |