2014-04-30T13:46:28-05:00 2013-06-30 BKD LLP 200 E Main St Suite 700 Fort Wayne IN 46802 990 2012-07-01 340714687 UNIVERSITY OF MOUNT UNION % PATRICK D HEDDLESTON UNIV 3308236564 1972 CLARK AVE Suite ALLIANCE OH 44601 Patrick D Heddleston 3308236564 2014-05-15 true Joyce A Dulworth 2604604000 2012 2015-11-30 17:44:51Z PATRICK D HEDDLESTON 1972 CLARK AVE ALLIANCE OH 44601 146859868 false X www.mountunion.edu X 1846 OH WITH 58 MAJORS AND MINORS IN UNDERGRADUATE STUDIES TO CHOOSE FROM, UNIVERSITY OF MOUNT UNION OFFERS A WIDE ARRAY OF ACADEMIC COURSEWORK IN KEEPING WITH THE LIBERAL ARTS TRADITION. 35 33 1885 144 49397 -3236 8070181 8483007 67291445 70162878 1399290 7754549 31430 84466 76792346 86484900 23061302 24317598 0 0 29647288 31015462 0 0 1949086 21518620 23304689 74227210 78637749 2565136 7847151 279576731 296243633 47904544 49140328 231672187 247103305 X THE UNIVERSITY AFFIRMS THE INSTITUTION'S MISSION TO PREPARE STUDENTS FOR FULFILLING LIVES, MEANINGFUL WORK AND RESPONSIBLE CITIZENSHIP. WITH 58 MAJORS AND MINORS IN UNDERGRADUATE STUDIES TO CHOOSE FROM, UNIVERSITY OF MOUNT UNION OFFERS A WIDE ARRAY OF ACADEMIC COURSEWORK IN KEEPING WITH THE LIBERAL ARTS TRADITION. false false 56482283 24317598 55996968 THE LARGEST PROGRAM SERVICE IS UNDERGRADUATE EDUCATION. BACHELOR'S DEGREES IN ARTS, MUSIC, MUSIC EDUCATION AND SCIENCE ARE OFFERED. THERE ARE 58 MAJORS INCLUDING BUSINESS ADMINISTRATION, EDUCATION AND SPORTS BUSINESS. THE TOTAL UNDERGRADUATE ENROLLMENT FOR FALL 2012 WAS 2175 STUDENTS. 12858383 13849568 AUXILIARY SERVICES IS ONE OF THE LARGEST PROGRAM SERVICES WHICH INCLUDES HOUSING STUDENTS AND PROVIDING CONTRACTED FOOD SERVICES. MOUNT UNION ALSO OWNS AND OPERATES A BOOKSTORE WHICH PROVIDES BOOKS AND APPAREL FOR STUDENTS. 2160222 266945 INTERCOLLEGIATE ATHLETICS IS A PROGRAM SERVICE THAT IS OFFERED TO OUR STUDENTS. WE HAVE 23 DIFFERENT MEN'S AND WOMEN'S TEAMS AVAILABLE UNDER THE AUTHORITY OF THE NCAA DIVISION III. IN THE 2012 YEAR, 842 STUDENTS COMPETED IN AT LEAST ONE SPORT AND THE UNIVERSITY HAS A STEEP TRADITION IN THE OHIO ATHLETIC CONFERENCE, THE THIRD OLDEST ATHLETIC CONFERENCE IN THE COUNTRY. MANY OF OUR ATHLETIC TEAMS ARE VERY COMPETITIVE, BOTH WITHIN THE OAC AND ON A NATIONAL STAGE. PROGRAM EXPENSES WITHIN INTERCOLLEGIATE ATHLETICS REPRESENTS COMPENSATION FOR COACHES AND TEAM EXPENSES, WHILE REVENUE ONLY ENCOMPASSES TICKET SALES. AS A DIVISION III SCHOOL, MOUNT UNION OFFERS NO ATHLETIC SCHOLARSHIPS, ALLOWING OUR STUDENTS TO PARTICIPATE IN INTERCOLLEGIATE ATHLETICS AS AN EXTENSION OF THEIR OVERALL LIVING AND LEARNING EXPERIENCE. 71500888 true true false false false false false false false true true false false true true false true false true false true false false false false true false false true true true false false false false false false true false true false true false false false true true false false false true 150 0 true 1885 true true true false false false false false false false false X 35 33 false false false false false false false true true false false true true true true true true true true false AK AZ MA NH OH WA X PATRICK D HEDDLESTON 3308236572 1972 CLARK AVE ALLIANCE OH 44601 AARON SWARTZ 1.0 X 0 0 0 DANIEL KELLER 1.0 X 0 0 0 E KARL SCHNEIDER 1.0 X 0 0 0 EDWARD KOLESAR 1.0 X 0 0 0 FRED HAUPT 1.0 X 0 0 0 GARY ADAMS 1.0 X 0 0 0 GERARD MASTROIANNI 1.0 X 0 0 0 GINGER BROWN 1.0 X 0 0 0 JACQUELYNE BAILEY 1.0 X 0 0 0 JAMES GRIFFITH 1.0 X 0 0 0 JOHN PETERS 1.0 X 0 0 0 KENNETH CHALKER 1.0 X 0 0 0 LARRY SHINN 1.0 X 0 0 0 LEE ANN THORN 1.0 X 0 0 0 MARCUS SMITH 1.0 X 0 0 0 MARTY ADAMS 1.0 X 0 0 0 P ROGER CLAY 1.0 X 0 0 0 RANDALL HUNT 1.0 X X 0 0 0 ROBERT DEHOFF 1.0 X 0 0 0 ROBERT MAHONEY 1.0 X 0 0 0 SCOTT GINDLESBERGER 1.0 X 0 0 0 STEVEN BARR 1.0 X 0 0 0 SYLVESTER GREEN 1.0 X 0 0 0 THOMAS PETZINGER 1.0 X 0 0 0 VANITA OELSCHLAGER 1.0 X 0 0 0 ALLEN GREEN 1.0 X 0 0 0 RICHARD DRAKE 1.0 X 0 0 0 NANCY HILL 1.0 X 0 0 0 SANDRA THOMAS 1.0 X 0 0 0 NANCY ASHCOM 1.0 X 0 0 0 WILLIAM KROCHTA 1.0 X 0 0 0 JOEL SASSA 1.0 X 0 0 0 JOHN FLYNN 1.0 X 0 0 0 GRETCHEN SCHULER 1.0 X 0 0 0 LAURENCE TALLEY 1.0 X 0 0 0 RICHARD GIESE 40.0 X 426159 0 127205 PATRICK HEDDLESTON 40.0 X 173696 0 57679 PATRICIA DRAVES 40.0 X 181316 0 31966 GREGORY KING 40.0 X 162603 0 20420 AMY TOMKO 40.0 X 151528 0 25585 JOHN FRAZIER 40.0 X 131747 0 28027 MELISSA GARDNER 40.0 X 79792 0 22496 LARRY KEHRES 40.0 X 159516 0 54060 HARRY PAIDAS 40.0 X 109206 0 17275 NEZAM AL-NLSAIR 40.0 X 109518 0 16574 SHARON LUKE 40.0 X 108590 0 65299 1793671 0 466586 10 false true true GREEN BROTHERS PAINTING 74 E GRANT ST ALLIANCE OH 44601 PAINTING 218722 WESTLAKE REED LESKOSKY 925 EUCLID AVE 1900 CLEVELAND OH 44115 ARCHITECT 373412 KRUGLIAK WILKINS GRIFFITHS DOUG PO BOX 36963 CANTON OH 44735 LEGAL SERVICES 156814 GRIFFITH CARPENTRY 5176 LUX ROAD MINERVA OH 44657 CARPENTRY 122175 BKD LLP 200 E MAIN STREET SUITE 700 FORT WAYNE IN 46802 AUDITORS 108550 5 150963 8332044 2670451 8483007 STUDENT TUITION 611710 55843098 55843098 DORMITORIES 611710 6998707 6998707 FOOD SERVICE 611710 5298300 5298300 BOOK STORE SALES 451110 1291020 1244351 46669 FACILITY INCOME 611710 131394 131394 600359 597631 2728 70162878 2414728 2414728 16039 16039 11468 11468 59678 59678 0 59678 59678 65688662 60364880 5323782 5323782 5323782 0 23408 10088 13320 13320 0 0 86484900 70113481 49397 7839015 0 24317598 24317598 0 0 1651588 694000 502664 454924 0 22645225 19974329 1890817 780079 1857230 1445005 341197 71028 3241518 2532789 663430 45299 1619901 1316973 251735 51193 0 261136 72442 188694 92225 92225 0 0 0 2892427 2872403 20024 398721 342447 10837 45437 3717495 3222327 311136 184032 1544613 1451527 93086 0 3868743 3708163 160580 1313989 1091336 52055 170598 0 477581 322218 115767 39596 1690882 1690882 0 4936138 4929813 6325 367690 367690 DUES & MEMBERSHIPS 207284 91236 72524 43524 EQUIPMENT 778672 760231 18441 CATERING EXPENSE 259852 147830 48646 63376 COLLECTION EXPENSE 182026 182026 315215 149649 165566 78637749 71500888 5187775 1949086 2821 4029 20278125 23821630 4164841 4117509 1462959 1072788 0 0 0 0 3463485 3403329 210320 291054 121153 127862 200924679 65454648 130786190 135470031 86448693 93552651 11952876 12505304 0 0 0 0 20685268 21877446 279576731 296243633 6045741 7809545 0 0 3060192 3098069 25580000 24865000 0 0 0 0 0 0 9769775 9758345 3448836 3609369 47904544 49140328 X 91106285 93150909 74257837 85969458 66308065 67982938 231672187 247103305 279576731 296243633 X 7847151 5959670 1624297 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false 120265653 255253 15123000 1887710 3362290 130393906 125792859 803660 -1422805 1762194 3145867 120265653 107469127 4518193 18850653 1915256 3129858 125792859 101627046 945625 9900152 1504456 3499240 107469127 124279144 909778 -17043772 2111495 4406609 101627046 1.00000 false false 0 19453316 19453316 0 159211448 50452546 108758902 0 17393531 15002104 2391427 4866386 4866386 135470031 BONDS PAYABLE DISCOUNT 484836 OTHER ASSETS - DEPOSITS 15084 BENEFICIAL INTEREST IN TRUSTS 12978736 ANNUITY & LIFE INCOME FUNDS 8398790 21877446 0 DEPOSIT AND OTHER 1205901 ANNUITY OBLIGATIONS 2116790 UNAMORTIZED PREMIUM 286678 3609369 69669232 5959670 1542260 7501930 62167302 24317598 24317598 86484900 53298822 10088 10088 53288734 25349015 25349015 78637749 PART V, LINE 4 DESCRIBE THE INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS ENDOWMENT FUNDS ARE HELD IN PERPETUITY FOR THE PURPOSES OF ANNUALLY PROVIDING A PERCENTAGE OF THEIR VALUE AS SCHOLARSHIPS, PROFESSORSHIPS, FACILITIES, PRIZES AND ACADEMIC PROGRAMS. ASC 740 Management has evaluated their income tax positions under the guidance included in ASC 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements. SCHEDULE D RECONCILIATION OF REVENUE AND EXPENSES Part XI, Line 2D Change in Value of Split-Interest Agreements 1,532,172 Gaming Expense 10,088 TOTAL: 1,542,260 Part XI, Line 4B Financial Aid 24,317,598 Part XII, Line 2D Gaming Expense 10,088 Part XIII, Line 4B Financial Aid 24,317,598 EARLY RETIREMENT BUYOUT 1,031,417 TOTAL: 25,349,015 true true true true true true true false false false false false false false false true false true SCHEDULE E LINE 3 THE POLICY REQUIREMENT IS MET BY INCLUDING A STATEMENT IN ALL BROCHURES AND CATALOGUES DEALING WITH STUDENT PROGRAMS AND SCHOLARSHIPS. A NONDISCRIMINATORY STATEMENT IS ALSO AVAILABLE ON THE WEBSITE. SCHEDULE E LINE 6A THE UNIVERSITY OF MOUNT UNION RECEIVES FEDERAL PELL GRANTS, TEACH GRANTS, SEOG, CWSP, AND FEDERAL PERKINS LOANS FROM THE DEPARTMENT OF EDUCATION. Central America and the Caribbean Program Services EDUCATIONAL EXPERIENCE 58759 East Asia and the Pacific Program Services EDUCATIONAL EXPERIENCE 47703 Europe (Including Iceland and Greenland) Program Services EDUCATIONAL EXPERIENCE 28272 Russia and the Newly Independent States Program Services EDUCATIONAL EXPERIENCE 6489 South America Program Services EDUCATIONAL EXPERIENCE 24210 Central America and the Caribbean Investments 6762238 6927671 6927671 true false true true true false 23408 4000 5041 1047 true 23408 4000 5041 1047 10088 13320 OH false THIS WAS A REVERSE RAFFLE/SILENT AUCTION EVENT. PER LEGAL RECOMMENDATION, STATE LICENSE WAS NOT REQUIRED. false false false 1.00000 ANNE GRAFFICE 1972 CLARK AVE ALLIANCE OH 44601 false false true SCHOLARSHIPS & FINANCIAL AID 2169 24317598 Procedures For Monitoring The Use Of Grant Funds To U.S. AFTER A STUDENT HAS BEEN ACCEPTED TO THE UNIVERSITY OF MOUNT UNION, THEY MUST FILE A FAFSA. MOUNT UNION CONSIDERS ACADEMIC SCHOLARSHIPS, OUTSIDE SCHOLARSHIPS, FEDERAL GRANTS AND STATE ELIGIBILITY IN THAT RESPECTIVE ORDER. IF THE STUDENT NEEDS FURTHER ASSISTANCE, THE UNIVERSITY OFFERS FEDERAL LOANS, UNIVERSITY GRANTS AND EMPLOYMENT OPPORTUNITIES. FINANCIAL AID BASED ON NEED IS AWARDED ON FAFSA CALCULATIONS AND THE RESULTING FINANCIAL AID THAT IS TO BE MET. ACADEMIC SCHOLARSHIPS ARE AWARDED BASED ON HIGH SCHOOL GPA, CLASS RANK AND STANDARD TEST SCORES. NEED-BASED GRANTS CAN BE ALLOCATED TO RETURNING STUDENTS BASED ON PREVIOUS YEARS AS LONG AS FINANCIAL NEED IS STILL PRESENT. ACADEMIC SCHOLARSHIPS CONTINUE BASED ON THE STUDENT'S CUMULATIVE GPA AT THE END OF THE YEAR. X X X true true X X X X X X false true false false false false false false false RICHARD GIESE 288407 0 0 0 137752 0 89175 0 38030 0 553364 0 100000 0 LARRY KEHRES 147996 0 10000 0 1520 0 40952 0 13108 0 213576 0 0 0 PATRICK HEDDLESTON 172676 0 0 0 1020 0 16827 0 40852 0 231375 0 0 0 PATRICIA DRAVES 179946 0 0 0 1370 0 16482 0 15484 0 213282 0 0 0 GREGORY KING 151749 0 0 0 10854 0 15390 0 5030 0 183023 0 0 0 AMY TOMKO 147808 0 0 0 3720 0 15153 0 10432 0 177113 0 0 0 JOHN FRAZIER 130727 0 0 0 1020 0 13175 0 14852 0 159774 0 0 0 SHARON LUKE 108590 0 0 0 0 0 9659 0 55640 0 173889 0 0 0 COMPENSATION INFORMATION The President's 2012 compensation is comprised of base salary (column B(i)) and a payment of $100,000 deferred compensation payout earned in previous years (Column B(iii) and Column F). Column C includes accrual of $50,000 for an additional deferred compensation agreement to be paid at a later date upon completion of agreed-upon terms. PART 1 QUESTION 1A THE PRESIDENT AND THE VP OF ADVANCEMENT HAVE COUNTRY CLUB DUES PAID BY THE UNIVERSITY FOR BUSINESS ENTERTAINMENT PURPOSES. THE DUES IN COLUMN III ARE TAXABLE FOR PERSONAL USE. USAGE IS DOCUMENTED TO DETERMINE THE PERSONAL VERSUS BUSINESS USE. HOUSING FOR THE PRESIDENT IS PROVIDED BY THE UNIVERSITY AND REQUIRED BY CONTRACT. THE RESIDENCE IS CONTIGUOUS TO THE CAMPUS, THE PRESIDENT IS REQUIRED TO LIVE THERE AND IS REQUIRED TO CONDUCT UNIVERSITY-RELATED BUSINESS PER HIS CONTRACT. DUE TO CODE SECTION 117 EXCLUSION, THIS AMOUNT IS NOT INCLUDED IN TAXABLE INCOME. PART 1 QUESTION 4 MR KEHRES HAS A 457(F) DEFERRED COMPENSATION PLAN. $25,000 WAS ACCRUED TO THE PLAN FOR FISCAL YEAR ENDED 6/30/13. A STATE OF OHIO HIGHER EDUCATION FACILITY 346849674 67756BSH4 2006-07-26 16408159 STUDENT RESIDENCE - NEW FACILITIES false false false B STATE OF OHIO HIGHER EDUCATION FACILITY 346849674 67756A2G6 2010-07-26 11204308 STUDENT RESIDENCE - NEW AND RENOVA false false false A 0 0 17207488 0 1344722 0 236713 0 0 15626053 0 0 2008 false false true true B 0 0 11216494 825252 0 0 216900 0 169720 10004648 0 0 2011 false false true true A false false false false 0 false false false true B false false false false 0 false false false true A true false false 0 false 0 false true B false true false false false false 0 false 0 false true A false B false 0 26945 SCHOLARSHIPS SCHOLARSHIPS KEN CHALKER GRACE CHALKER - SPOUSE 73877 PAID EMPLOYEE OF UNIVERSITY false AARON SWARTZ LEIGH ANN SWARTZ - SPOUSE 49354 PAID EMPLOYEE OF UNIVERSITY false X 56 2670451 SELLING PRICE false true true SCHEDULE M QUESTION 32B THE UNIVERSITY USES STIFEL NICOLAUS TO LIQUIDATE GIFTS OF STOCK. FORM 990, PART VI, QUESTION 1b TRUSTEES KEN CHALKER AND AARON SWARTZ EACH HAVE A FAMILY MEMBER THAT IS A PAID EMPLOYEE OF THE UNIVERSITY. FORM 990, PART VI, QUESTION 11B REVIEW IS CONDUCTED BY FINANCE COMMITTEE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES DURING A MEETING BEFORE THE 990 IS FILED. AFTER THIS REVIEW, A COPY OF THE FORM IS PROVIDED TO ALL BOARD MEMBERS AND THEN SUBMITTED TO THE IRS. PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY FORM 990, PART VI, QUESTION 12C COMPLIANCE WITH UNIVERSITY POLICY ON CONFLICT OF INTEREST IS CONDUCTED BY THE AUDIT COMMITTEE AND THE COMMITTEE ON TRUSTEE AND GOVERNSHIP. EVERY TRUSTEE IS REQUIRED TO FILL OUT A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. TRUSTEES ARE REQUIRED TO DISCLOSE ACTUAL OR POTENTIAL CONFLICT OF INTEREST IN ANY TRANSACTION FOR THE UNIVERSITY THAT INVOLVES THEMSELVES OR MEMBERS OF THEIR IMMEDIATE FAMILIES. A SUMMARY OF ALL THE ANSWERS FROM THE QUESTIONNAIRE IS SENT TO MEMBERS OF THE AUDIT COMMITTEE and the committee on trustee and governship FOR REVIEW AND ANY RELATIONSHIPS ARE ASSESSED TO ENSURE THEY ARE IN COMPLIANCE WITH THE POLICY. POTENTIAL MATTERS UNDER THE POLICY ARE ESCALATED AND REVIEWED BY THE CHAIR OF THE COMMITTEEs, committee on trustee and governance, AND THE executive committee, AS WELL AS LEGAL COUNSEL IF NECESSARY. TRUSTEES WITH ANY DISCLOSED CONFLICT MUST REFRAIN FROM USING PERSONAL INFLUENCE IN THE MATTER AND WILL RECUSE THEMSELVES FROM ANY DISCUSSIONS AND/OR VOTING ON THE MATTER. THE BOARD OF TRUSTEES, AFTER EXERCISING ITS BUSINESS JUDGMENT AND DISCRETION, WILL MAKE A DETERMINATION IF THE TRANSACTION IS REASONABLE, FAIR AND CONSISTENT WITH UNIVERSITY PRACTICES. REVIEW OF CEO OR TOP MGMT OFFICIAL COMPENSATION FORM 990, PART VI, QUESTION 15A & 15B THE BOARD HAS ESTABLISHED A COMPENSATION COMMITTEE THAT WORKED WITH A COMPENSATION REVIEW OF OTHER OHIO ATHLETIC CONFERENCE (OAC) SCHOOLS AS WELL AS A LIST OF 22 COMPETITOR INSTITUTIONS TO EVALUATE THE SALARY OF THE PRESIDENT AND VICE PRESIDENTS. THE LAST FULL REVIEW WE HAD WITH AN OUTSIDE CONSULTANT WAS IN 2009 WITH SIBSON CONSULTING. THE RESULTS WERE REVIEWED BY THE COMPENSATION COMMITTEE, APPROVED BY THE EXECUTIVE COMMITTEE AND DISCLOSED TO THE FULL BOARD OF TRUSTEES. EXPLAIN HOW GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC FORM 990, PART VI, QUESTION 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. NET ASSETS RECONCILIATION PART XI, LINE 9 CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 1,532,172 CHANGE IN VALUE OF INTEREST RATE SWAP 92,125 TOTAL: 1,624,297 RAIDERS CORNER LLC 1972 CLARK AVE ALLIANCE OH 44601 340714687 RENTAL OH 180408 2369319 MOUNT UNION CHARITABLE REMAINDER TRUSTS (20) 1972 CLARK AVE ALLIANCE OH 44601 CHARITABLE TR OH TRUST