2014-05-15T15:00:09-05:00 2013-06-30 CROWE HORWATH LLP 10 West Broad Street Suite 1700 Columbus OH 432153713 990 2012-07-01 314379532 OTTERBEIN UNIVERSITY OTTE 6148231354 1 South Grove Street Westerville OH 43081 KATHY A KRENDL 2013-10-08 true Rachel Spurlock P00520729 6144690001 2012 2015-11-30 17:44:51Z KATHY A KRENDL 1 South Grove Street Westerville OH 43081 118228440 false X WWW.OTTERBEIN.EDU X 1847 OH OTTERBEIN UNIVERSITY IS A PRIVATE, CHURCH-RELATED, COEDUCATIONAL UNIVERSITY THAT SPONSORS TRADITIONAL AND CONTINUING EDUCATION PROGRAMS OF LIBERAL ARTS AND PROFESSIONAL EDUCATION. 24 19 1922 191 -16770 -35347 6527704 5881279 86415733 87870032 2522026 1289165 368512 930496 95833975 95970972 30133871 30216283 0 0 36832901 37710062 112200 134921 1682052 23032195 23746302 90111167 91807568 5722808 4163404 203551813 214733883 52598102 51137423 150953711 163596460 X THE MISSION OF OTTERBEIN UNIVERSITY IS TO EDUCATE THE WHOLE PERSON IN A CONTEXT THAT FOSTERS THE DEVELOPMENT OF HUMANE VALUES (CONTINUED ON SCHEDULE O). false false 80381826 30216283 88669169 OTTERBEIN UNIVERSITY'S COMMITMENT IS TO THE LIBERAL ARTS AS THE BASE OF ALL LEARNING. THREE FEATURES CREATE A DISTINCTIVE LEARNING CULTURE: 1) FROM OUR FOUNDING OTTERBEIN HAS BEEN INTENTIONALLY INCLUSIVE OF WOMEN AND PERSONS OF COLOR; 2) OTTERBEIN'S GOVERNANCE SYSTEM INCLUDES STUDENTS AND FACULTY IN DECISION-MAKING THROUGH A SINGLE COLLEGE SENATE; AND 3) INTERDISCIPLINARY EXPERIENCES THROUGH INTEGRATIVE STUDIES (STUDY OF WORLD CULTURE TO UNDERSTAND HUMAN NATURE AND OUR PLACE IN THE UNIVERSE) AND THE SENIOR YEAR EXPERIENCE (CONNECTING MAJORS TO AN INTERDISCIPLINARY EXPERIENCE). THE AUTUMN TERM ENROLLMENT FOR 2012-2013 WAS 2,984, CONSISTING OF 2,537 UNDERGRADUATE STUDENTS AND 447 GRADUATE STUDENTS. 499 STUDENTS RECEIVED BACHELORS DEGREES AND 117 RECEIVED MASTERS DEGREES IN 2012-2013. THE UNIVERSITY BELIEVES THAT LIVING ON CAMPUS SUPPORTS THE MISSION OF EDUCATING THE WHOLE PERSON BY PROVIDING STUDENTS WITH OPPORTUNITIES TO BUILD RELATIONSHIPS WITH PEOPLE FROM DIVERSE BACKGROUNDS AND TO ACTIVELY PARTICIPATE IN CAMPUS LIFE. (CONTINUED IN SCHEDULE O). 80381826 true true false false false false false false true true true false false true true true false true true true false true true true false false false true true true false false false false false false true false true false false false false false false true false false false false true 4023 0 true 1922 true true true false false false false false true 4 false false false X 24 19 false false false false false false false true true false false true true true true true true true true false X Anne Krieger 6148231040 1 South Grove St Westerville OH 430812006 ALEC WIGHTMAN 2.00 X X 0 0 0 KATHY A KRENDL 50.00 X X 305062 0 77492 MARK R THRESHER 2.00 X X 0 0 0 PEGGY M RUHLIN 2.00 X X 0 0 0 THOMAS C MORRISON 2.00 X X 0 0 0 WILLIAM E HARRELL JR 2.00 X X 0 0 0 AL WATERHOUSE 2.00 X 0 0 0 BRUCE MANDEVILLE 50.00 X 61921 0 13036 CHELSEA JENNEY 2.00 X 357 0 0 CHERYL L HERBERT 2.00 X 0 0 0 CHRISTINA KIRK 50.00 X 73757 0 24028 CHRISTOPHER KAISER 2.00 X 0 0 0 DEBORAH E CURRIN 2.00 X 0 0 0 JAMES RUTHERFORD 2.00 X 0 0 0 JOHN E KING 2.00 X 0 0 0 JOHN T HUSTON 2.00 X 0 0 0 JOSEPH IGNAT 2.00 X 0 0 0 KENT D STUCKEY 2.00 X 0 0 0 LARRY C BROWN 2.00 X 0 0 0 LUIS M ALCADE 2.00 X 0 0 0 MARY F HALL 2.00 X 0 0 0 NEVALYN FRITSCHE-NEVIL 2.00 X 0 0 0 REBECCA PRINCEHORN 2.00 X 0 0 0 TAYLOR J HARLE 2.00 X 1223 0 0 REBECCA VAZQUEZ SKILLINGS 50.00 X 150405 0 29804 VICTORIA MCGILLIN 50.00 X 148257 0 26738 BARBARA SCHAFFNER 50.00 X 137401 0 15080 HEIDI TRACY 50.00 X 157001 0 32571 JEFF KASSON 50.00 X 103905 0 26329 JEFFERSON BLACKBURN-SMITH 50.00 X 117248 0 38269 ROBERT M GATTI 50.00 X 143744 0 32455 1400281 0 315802 10 false true false ABM JANITORIAL SERVICES 510 E WILSON BRIDGE RD WORTHINGTON OH 43085 CLEANING SERVICE 755097 ELLUCIAN 4375 FAIR LAKES CT FAIRFAX VA 22030 REMOTE SOFTWARE HOSTING 395810 THE COLLABORATIVE INC 500 MADISON AVE TOLEDO OH 43604 ARCHITECTURAL CONSULTING 157660 COMMONFUND 15 OLD DANBURY ROAD WILTON CT 06897 INVESTMENT MANAGEMENT 124307 RUFFALO CODY 65 KIRKWOOD NORTH ROAD SW CEDAR RAPIDS IA 524063018 PROFESSIONAL FUNDRAISER 122100 5 6642 1660613 4214024 5881279 TUITION AND FEES 900099 76239535 76239535 RESIDENCE HALLS 721310 6044698 6044698 DINING SERVICES 722210 4743163 4743163 ORGANIZED ACTIVITIES 611710 582697 582697 OTHER AUXILIARY SERVICES 611710 118354 118354 141585 141585 0 0 87870032 1106672 -28636 1135308 614 614 0 208010 86684 121326 0 121326 121326 22345820 22163941 181879 0 181879 181879 5010 6642 6843 -1833 -1833 0 0 EXTERNAL PRINTING 611710 11866 11866 GOVERNMENT SETTLEMENT 900099 427061 427061 0 372076 372076 0 0 811003 95970972 88669169 -16770 1437294 2000 2000 30124883 30124883 89400 89400 0 938807 184029 679384 75394 21000 21000 28652451 24789789 3053996 808666 1523307 1339111 146201 37995 4533103 3116650 1343789 72664 2041394 1755666 233121 52607 0 167307 92280 75027 46441 46441 0 134921 134921 126548 126548 6508779 5829481 566242 113056 629100 66036 543674 19390 3636248 3102747 449364 84137 1128238 726150 367973 34115 0 3191627 2277737 777889 136001 916461 883236 25889 7336 0 719108 560176 111430 47502 1715618 1671157 44461 0 3647625 3291741 297616 58268 657107 432212 224895 BAD DEBTS & COLLECTIONS COSTS 656095 26345 629750 0 0 0 0 91807568 80381826 9743690 1682052 0 2800 561 22818443 21281426 804193 1730678 2142637 3403641 0 0 3123993 3117936 968552 1136196 141315117 51361148 90025765 89953969 73450192 79818113 7157101 11180990 0 0 3058137 3110373 203551813 214733883 6091999 6061138 2795630 2698135 41215566 39963549 0 2494907 2414601 52598102 51137423 X 95961311 102110638 26128655 30966576 28863745 30519246 150953711 163596460 203551813 214733883 X 4163404 8414912 64433 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 77610405 1831623 8933448 1287881 1521032 85566563 79410456 5265233 -4337671 1243004 1484609 77610405 61307026 6692166 14314136 1285566 1617306 79410456 55465267 699058 7634457 1168110 1323646 61307026 73124692 162469 -15073701 1411011 1337182 55465267 0.44330 0.33070 0.22600 false false 8741222 8741222 94851696 27017173 67834523 13015173 5866721 7148452 22059097 16955783 5103314 2647929 1521471 1126458 89953969 0 9404539 F BENEFICIAL INTEREST IN PERPETUAL TRUSTS 657974 F CHARITABLE REMAINDER TRUST RECEIVABLE 1118477 F 11180990 0 ANNUITIES AND TRUSTS PAYABLE 382246 DEPOSITS 155131 ADVANCES FROM FEDERAL GOVERNMENT & STUDENT LOANS 1877224 2414601 X 74203013 8414912 157960 8572872 65630141 126548 30214283 30340831 95970972 61560264 93527 93527 61466737 126548 30214283 30340831 91807568 Intended uses of endowment funds Schedule D, Part V, Line 4 THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 400 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS (BOARD-DESIGNATED ENDOWMENT FUNDS). AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING BOARD- DESIGNATED ENDOWMENT FUNDS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE UNIVERSITY HAS INTERPRETED THE OHIO UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (OUPMIFA) AS REQUIRING PRESERVATION OF THE FAIR VALUE OF THE ORIGINAL GIFT AS OF THE GIFT DATE OF THE DONOR-RESTRICTED ENDOWMENT FUNDS ABSENT EXPLICIT DONOR STIPULATIONS TO THE CONTRARY. AS A RESULT OF THIS INTERPRETATION, THE UNIVERSITY CLASSIFIES AS PERMANENTLY RESTRICTED NET ASSETS (A) THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT, (B) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT, AND (C) ACCUMULATIONS TO THE PERMANENT ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT AT THE TIME THE ACCUMULATION IS ADDED TO THE FUND. THE REMAINING PORTION OF THE DONOR-RESTRICTED ENDOWMENT FUND IS CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURE BY THE UNIVERSITY IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY OUPMIFA. IN ACCORDANCE WITH OUPMIFA, THE UNIVERSITY CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR-RESTRICTED ENDOWMENT FUNDS: (1) THE DURATION AND PRESERVATION OF THE FUND (2) THE CHARITABLE PURPOSES OF THE UNIVERSITY AND THE DONOR-RESTRICTED ENDOWMENT FUND (3) GENERAL ECONOMIC CONDITIONS (4) THE POSSIBLE EFFECT OF INFLATION AND DEFLATION (5) THE EXPECTED TOTAL RETURN FROM INCOME AND APPRECIATION OR DEPRECIATION OF INVESTMENTS (6) OTHER RESOURCES OF THE UNIVERSITY (7) THE INVESTMENT POLICY OF THE UNIVERSITY FIN 48 (ASC 740) footnote Schedule D, Part X, Line 2 THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE. FOR THE YEARS ENDED JUNE 30, 2013 AND 2012, THE UNIVERSITY HAD NO TAX EXPENSE WITH REGARD TO UNRELATED BUSINESS INCOME. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PRESCRIBES RECOGNITION THRESHOLDS AND MEASUREMENT ATTRIBUTES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TAX BENEFITS WILL BE RECOGNIZED ONLY IF A TAX POSITION IS MORE-LIKELY-THAN-NOT SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED WILL BE THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT WILL BE RECORDED. MANAGEMENT HAS CONCLUDED THAT THEY ARE UNAWARE OF ANY TAX BENEFITS OR LIABILITIES TO BE RECOGNIZED AT JUNE 30, 2013 AND 2012. THE UNIVERSITY WOULD RECOGNIZE INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST AND INCOME TAX EXPENSE, RESPECTIVELY. THE UNIVERSITY HAS NO AMOUNTS ACCRUED FOR INTEREST OR PENALTIES FOR THE YEARS ENDED JUNE 30, 2013 AND 2012. WITH A FEW EXCEPTIONS, THE UNIVERSITY IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2009. THE UNIVERSITY DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. Other revenues in audited financial statements not in form 990 Schedule D, Part XI, Line 2d RENT EXPENSE - 86684; SPECIAL EVENT EXPENSE - 6843; CHANGE IN VALUE OF SPLIT-INTEREST TRUSTS - 51644; UNREALIZED GAIN/LOSS ON PERPETUAL TRUSTS HELD BY OTHERS - 12789; Other revenues in form 990 not in audited financial statements Schedule D, Part XI, Line 4b SCHOLARSHIPS AND GRANTS IN -AID - 30214283; Other expenses in audited financial statements not in form 990 Schedule D, Part XII, Line 2d RENT EXPENSE - 86684; SPECIAL EVENT EXPENSE - 6843; Other expenses in form 990 not in audited financial statements Schedule D, Part XII, Line 4b SCHOLARSHIPS & GRANTS IN-AID - 30214283; true true true true true true true false false false false false false false false true false true Racially nondiscriminatory policy Schedule E, Part I, Line 3 ADVERTISEMENTS PLACED IN LOCAL NEWSPAPERS ANNOUNCING REGISTRATION DATES AND PROGRAMS INCLUDE A SUMMARY STATEMENT OF THE UNIVERSITY'S NONDISCRIMINATION POLICY. Financial aid or assistance from a governmental agency Schedule E, Part I, Line 6a THE UNIVERSITY RECEIVES FUNDING FROM THE FEDERAL GOVERNMENT FOR STUDENT FEDERAL WORK-STUDY AND FEDERAL OPPORTUNITY GRANTS. THE UNIVERSITY ALSO PARTICIPATES IN THE PERKINS LOAN PROGRAM. IN ADDITION, STUDENTS AT OTTERBEIN MAY RECEIVE GRANTS OR LOANS THROUGH THE FEDERAL PELL GRANT, FEDERAL SMART GRANT, FEDERAL ACADEMIC COMPETITIVE GRANT, FEDERAL STAFFORD LOAN AND FEDERAL PLUS PROGRAMS OR THROUGH SIMILAR STATE PROGRAMS. true CENTRAL AMERICA AND THE CARIBBEAN 0 1 PROGRAM SERVICES STUDY ABROAD 14300 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 1 PROGRAM SERVICES STUDY ABROAD 70228 SOUTH AMERICA 0 1 PROGRAM SERVICES STUDY ABROAD 13646 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 30765500 EUROPE (INCLUDING ICELAND AND GREENLAND) GRANTMAKING 76050 SOUTH AMERICA GRANTMAKING 9750 EAST ASIA AND THE PACIFIC GRANTMAKING 3600 0 3 30953074 SCHOLARSHIP EAST ASIA AND THE PACIFIC 1 3600 ACCOUNT CREDIT SCHOLARSHIP EUROPE (INCLUDING ICELAND AND GREENLAND) 8 76050 ACCOUNT CREDIT SCHOLARSHIP SOUTH AMERICA 3 9750 ACCOUNT CREDIT true false true true false false Procedures for monitoring use of grant funds Schedule F, Part I, Line 2 THE UNIVERSITY PROVIDES SCHOLARSHIPS AND FINANCIAL AID TO OFFSET THE COST OF TUITION AND LIVING EXPENSES FOR STUDENTS. THESE FUNDS ARE AWARDED THROUGH THE UNIVERSITY'S FINANCIAL AID OFFICE BASED ON A COMBINATION OF MERIT AND NEED AND ARE DISBURSED DIRECTLY TO THE STUDENT'S BILLING ACCOUNT WITH THE UNIVERSITY. IN CERTAIN CASES, STUDENTS WHO ARE PARTICIPATING IN TRAVEL AND STUDY AS PART OF ACADEMIC COURSE WORK MAY BE ABLE TO WITHDRAW SOME OF THOSE FUNDS TO USE TO COVER EXPENSES ASSOCIATED WITH THE OFF-CAMPUS STUDY. Method used to account for expenditures on organization's financial statements Schedule F, Part I, Line 3 CENTRAL AMERICA AND THE CARIBBEAN: ACCRUAL EAST ASIA AND THE PACIFIC: ACCRUAL EUROPE (INCLUDING ICELAND AND GREENLAND): ACCRUAL SOUTH AMERICA: ACCRUAL Method used to account for grants on organization's financial statements Schedule F, Part III EAST ASIA AND THE PACIFIC: ACCRUAL EUROPE (INCLUDING ICELAND AND GREENLAND): ACCRUAL SOUTH AMERICA: ACCRUAL Method used to account for expenditures on organization's financial statements Schedule F, Part I, Line 3 CENTRAL AMERICA AND THE CARIBBEAN: ACCRUAL EAST ASIA AND THE PACIFIC: ACCRUAL EUROPE (INCLUDING ICELAND AND GREENLAND): ACCRUAL SOUTH AMERICA: ACCRUAL Method used to account for grants on organization's financial statements Schedule F, Part III EAST ASIA AND THE PACIFIC: ACCRUAL EUROPE (INCLUDING ICELAND AND GREENLAND): ACCRUAL SOUTH AMERICA: ACCRUAL X X X X X X X true RUFFALOCODY 65 KIRKWOOD NORTH ROAD SW CEDAR RAPIDS IA 524063018 FUNDRAISING - TELETHON false 415970 134921 281049 415970 134921 281049 OH SENIOR SHOWCASE 6642 6642 0 973 300 298 GOLF OUTING FOR BASEBALL 5010 0 5010 3200 2072 0 11652 6642 5010 0 0 3200 3045 300 298 6843 -1833 SCHEDULE G, PART I, LINE 2 SCHEDULE G, PART I IF RUFFALOCODY PROCESSES ANY PRINTING, MAILING OR SHIPPING, AT THE REQUEST OF OTTERBEIN UNIVERSITY, THEN ALL DIRECT COSTS INCURRED BY RUFFALOCODY IN CONNECTION WITH SUCH ACTIVITIES WILL BE REIMBURSED BY OTTERBEIN UNIVERSITY. THE SERVICE CONTRACT DOES NOT INCLUDE AN ESTIMATE OF REIMBURSED COSTS IN ITS FEE. true SCHOLARSHIPS AND GRANTS FOR TUITION 2303 30124883 0 N/A N/A Procedures for monitoring use of grant funds Schedule I, Part I, Line 2 THE MAJORITY OF GRANTS AND ASSISTANCE PROVIDED BY THE UNIVERSITY IS IN THE FORM OF SCHOLARSHIPS AND FINANCIAL AID TO OFFSET THE COST OF TUITION, ROOM AND BOARD FOR ITS STUDENTS. THESE FUNDS ARE AWARDED THROUGH THE COLLEGE'S FINANCIAL AID OFFICE BASED ON A COMBINATION OF MERIT AND NEED AND ARE DISBURSED DIRECTLY TO THE STUDENT'S BILLING ACCOUNT WITH THE COLLEGE. IN ADDITION, THE COLLEGE MAKES A LIMITED NUMBER OF GRANTS TO OTHER ORGANIZATIONS. X X true true X X X false false false false false false false false false BARBARA SCHAFFNER 136519 0 0 0 882 0 13333 0 1747 0 152481 0 0 0 KATHY A KRENDL 303263 0 0 0 1799 0 30500 0 46992 0 382554 0 0 0 ROBERT M GATTI 142712 0 0 0 1032 0 14995 0 17460 0 176199 0 0 0 JEFFERSON BLACKBURN-SMITH 116834 0 0 0 414 0 17710 0 20559 0 155517 0 0 0 VICTORIA MCGILLIN 146673 0 0 0 1584 0 7827 0 18911 0 174995 0 0 0 REBECCA VAZQUEZ SKILLINGS 150165 0 0 0 240 0 7906 0 21898 0 180209 0 0 0 HEIDI TRACY 156641 0 0 0 360 0 25124 0 7447 0 189572 0 0 0 Housing allowance or residence for personal use Schedule J, Part I, Line 1a THE UNIVERSITY PROVIDES THE PRESIDENT WITH HOUSING. AS PROVIDED UNDER IRC SEC. 119(D), THIS BENEFIT HAS NOT BEEN TREATED AS TAXABLE COMPENSATION. Personal services Schedule J, Part I, Line 1a CLEANING SERVICES ARE PROVIDED FOR THE PRESIDENT'S HOUSE. NO PART OF THE BENEFIT WAS TREATED AS TAXABLE COMPENSATION. A STATE OF OHIO HIGHER ED FACILITY COMMISSION (2005) 346849674 67756BQE3 2005-11-09 13257941 STUDENT HOUSING false false false B STATE OF OHIO HIGHER ED FACILITY COMMISSION (2007) 346849674 67756BUZ1 2007-08-23 11254836 STUDENT HOUSING false false false C STATE OF OHIO HIGHERED FACILITY COMMISSION (2008) 346849674 67756BWN6 2008-07-09 21140144 EDUCATIONAL FACILITIES false false false A 1705000 0 13760728 0 0 0 173420 141322 0 13445986 0 0 2007 false false true true B 1000000 0 11358549 0 0 0 164093 90742 0 11103714 0 0 2008 false false true true C 2950000 0 21262800 1200969 0 0 216075 23100 0 17122656 2700000 0 2009 true false true true A false false true false false false 0.00300 0.00000 0.00300 false false 0 false true B false false true false false false 0.00300 0.00000 0.00300 false false 0 false true C false false true false false false 0.00400 0.00000 0.00400 false false 0 false true A false false false true false false 0.0 false false false 0.0 false false true B false false false true false false 0 false false false 0 false false true C false false false true true false 0.0 false false false 0.0 false false true A true B true C true TOTAL PROCEEDS OF 2005 BOND ISSUE SCHEDULE K, PART II, LINE 3 TOTAL PROCEEDS OF ISSUE REPORTED ON PART II, LINE 3 IS EQUAL TO PART I, COLUMN (E) ISSUE PRICE OF $13,257,941 AND INVESTMENT EARNINGS OF $502,787. TOTAL PROCEEDS OF 2007 BOND ISSUE SCHEDULE K, PART II, LINE 3 TOTAL PROCEEDS OF ISSUE REPORTED ON PART II, LINE 3 IS EQUAL TO PART I, COLUMN (E) ISSUE PRICE OF $11,254,836 AND INVESTMENT EARNINGS OF $103,713. TOTAL PROCEEDS OF 2008 BOND ISSUE SCHEDULE K, PART II, LINE 3 TOTAL PROCEEDS OF ISSUE REPORTED ON PART II, LINE 3 IS EQUAL TO PART I, COLUMN (E) ISSUE PRICE OF $21,140,144 AND INVESTMENT EARNINGS OF $122,656. WRITTEN PROCEDURES FOR REMEDIATION FOR ALL BOND ISSUES SCHEDULE K, PART III, LINE 9 THE PROCEDURE HAS BEEN DRAFTED AND IS AWAITING IMPLEMENTATION. THE PROCEDURE WILL BE IMPLEMENTED DURING FY14. ISSUER NAME: State of Ohio Higher Ed Facility Commission (2005): No Rebate Due. Schedule K, Part IV, Line 2c THE CALCULATION FOR COMPUTING NO REBATE DUE WAS PERFORMED ON 8/9/2011. REBATE COMPUTATION FOR THE 2007 AND 2008 BOND ISSUES SCHEDULE K, PART IV, LINE 2C ALL FUNDS WERE EXPENDED PRIOR TO ANY ARBITRAGE ACCUMULATION. WRITTEN PROCEDURES TO MONITOR ARBITRAGE FOR ALL BOND ISSUES SCHEDULE K, PART IV, LINE 7 THE PROCEDURE HAS BEEN DRAFTED AND IS AWAITING IMPLEMENTATION. THE PROCEDURE WILL BE IMPLEMENTED DURING FY14. WRITTEN PROCEDURES TO UNDERTAKE CORRECTIVE ACTION FOR ALL BOND ISSUES SCHEDULE K, PART V THE PROCEDURE HAS BEEN DRAFTED AND IS AWAITING IMPLEMENTATION. THE PROCEDURE WILL BE IMPLEMENTED DURING FY14. SEE SCHEDULE PART V 27000 FINANCIAL AID TUITION ASSISTANCE RICHARD S GILBERT SPOUSE OF KATHY A. KRENDL, PRESIDENT OF THE COLLEGE 11400 EMPLOYMENT FOR TEACHING false GRANTS OR ASSISTANCE BENEFITING INTERESTED PERSONS SCHEDULE L, PART III COLLEGES, UNIVERSITIES, AND PRIMARY AND SECONDARY SCHOOLS ARE ARE NOT REQUIRED TO IDENTIFY INTERESTED PERSONS TO WHOM THEY PROVIDED SCHOLARSHIPS, FELLOWSHIPS, AND SIMILAR FINANCIAL ASSISTANCE. PURSUANT TO THE INSTRUCTIONS TO FORM 990, SCH L, PART III, COLUMNS (A) AND (B) HAVE BEEN LEFT BLANK. THE DISCOUNTED TUITION WAS PROVIDED TO STUDENT TRUSTEES AND/OR DEPENDENTS OF UNIVERSITY EMPLOYEES WHO ARE ALSO LISTED AS "INTERESTED PERSONS" ON SCHEDULE VII. STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS FORM 990, PART III, LINE 1 (CONTINUED FROM CORE FORM PART III, LINE 1) FOUNDED IN 1847, OTTERBEIN UNIVERSITY IS A PRIVATE, COEDUCATIONAL, COMPREHENSIVE UNIVERSITY AFFILIATED WITH THE UNITED METHODIST CHURCH THAT SPONSORS TRADITIONAL AND CONTINUING EDUCATION PROGRAMS OF LIBERAL ARTS AND PROFESSIONAL EDUCATION AT BACCALAUREATE AND MASTER'S LEVELS. OUR COMMITMENT IS TO THE LIBERAL ARTS AS THE BROAD BASE OF ALL LEARNING. THE UNIVERSITY OFFERS A CHOICE OF 73 MAJORS AND 44 MINORS, AS WELL AS INDIVIDUALIZED COURSES OF STUDY, IN THE CONTEXT OF A RICH HISTORY OF A LIBERAL ARTS EDUCATION. THE UNIVERSITY HAS 8 GRADUATE PROGRAMS IN BUSINESS ADMINISTRATION, EDUCATION, EDUCATIONAL MATHEMATICS, NURSING AND ALLIED HEALTH. PROGRAM SERVICE DESCRIPTION FORM 990, PART III, LINE 4A (CONTINUED FROM FORM 990, PART III, LINE 4A). TO ACHIEVE THESE GOALS THE UNIVERSITY PROVIDES RESIDENCE HALLS WHICH CONTAIN LIVING QUARTERS TO ACCOMMODATE 1-4 PEOPLE AND HAVE LOUNGES, COMPUTER LABS AND ON-SITE LAUNDRY FACILITIES. 59% OF TRADITIONAL AGED STUDENTS LIVED IN CAMPUS HOUSING IN 2012-2013. IN SUPPORT OF THE WELL BEING OF THE STUDENTS LIVING ON CAMPUS AND THOSE COMMUTING TO CLASSES, THE UNIVERSITY PROVIDES SEVERAL MEAL AND DINING OPTIONS. THE UNIVERSITY BELIEVES THAT TO SUPPORT ITS MISSION, IT IS IMPORTANT FOR STUDENTS TO MAINTAIN GOOD HEALTH WITH PROPER NOURISHMENT. Review of form 990 by governing body Form 990, Part VI, Section B, Line 11b THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES AND THE PRESIDENT OF THE UNIVERSITY REVIEWED THE COMPLETED FORM 990 IN DETAIL PRIOR TO FILING WITH THE IRS. THE ENTIRE BOARD OF TRUSTEES IS GIVEN ACCESS TO THE FILING COPY PRIOR TO FILING WITH THE IRS. Conflict of interest policy Form 990, Part VI, Section B, Line 12c ALL BOARD MEMBERS AND OFFICERS SIGN A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY. STAFF IN THE PRESIDENT'S OFFICE REVIEW THE SIGNED FORMS FOR COMPLETENESS AND DISCLOSURE OF CONFLICTS. ANY MEMBER WHO HAS A CONFLICT OF INTEREST RECUSES HIMSELF OR HERSELF FROM THE DISCUSSION AND VOTING OF THE RELATED TOPICS AT BOARD MEETINGS. ALL INTERESTED PERSONS, INCLUDING BOARD MEMBERS, OFFICERS, KEY EMPLOYEES AND HIGHLY COMPENSATED INDIVIDUALS ALSO COMPLETE AN ANNUAL QUESTIONNAIRE REGARDING POTENTIAL CONFLICTS WHICH MIGHT EXIST. THE RESPONSES TO THIS QUESTIONNAIRE ARE REVIEWED BY THE OFFICE OF BUSINESS AFFAIRS. THE EMPLOYEE HANDBOOK HAS A CONFLICT OF INTEREST STATEMENT THAT COVERS ALL EMPLOYEES OF THE UNIVERSITY. Process used to establish compensation of top management official Form 990, Part VI, Section B, Line 15a THE BOARD OF TRUSTEES IS RESPONSIBLE FOR SETTING COMPENSATION FOR THE PRESIDENT. THE BOARD REVIEWED AND APPROVED THE LEVEL OF COMPENSATION FOR THE CURRENT PRESIDENT BASED ON VARIOUS FACTORS, INCLUDING THE REVIEW OF PRESIDENTIAL COMPENSATION PACKAGES AT COMPARABLE INSTITUTIONS AND REVIEW OF THE MARKET FOR CANDIDATES WITH SIMILAR LEVELS OF EXPERTISE AS THE CANDIDATE. THIS PROCESS IS COMPLETED EACH YEAR. THE EXECUTIVE COMMITTEE OF THE BOARD, IN COORDINATION WITH THE PRESIDENT, ESTABLISHES PERFORMANCE GOALS FOR EACH ANNUAL PERIOD; COMPENSATION INCREASES ARE TIED TO ANNUAL PERFORMANCE REVIEWS Process used to establish compensation of other officers/key employees Form 990, Part VI, Section B, Line 15b THE UNIVERSITY HAS CONDUCTED A COMPREHENSIVE COMPENSATION STUDY FOR ALL OTHER EMPLOYEES AND WILL DO SO ANNUALLY. THE PRESIDENT SETS COMPENSATION FOR VICE PRESIDENTS USING THE COMPENSATION STUDY, OTHER INDUSTRY COMPENSATION COMPILATIONS AND COMPARING SIMILARLY SITUATED INSTITUTIONS. THIS PROCESS IS COMPLETED ANNUALLY. Governing documents, conflict of interest policy and financial statements available to the public Form 990, Part VI, Section C, Line 19 FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. Other changes in net assets or fund balances Form 990 , Part XI, Line 9 UNREALIZED GAIN/LOSS ON PERPETUAL TRUSTS HELD BY OTHERS - 12790; CHANGE IN VALUE OF SPLIT-INTEREST TRUSTS - 51643; CHARITABLE REMAINDER TRUSTS (4) BENEFICIAL TRUST OH NA TRUST false false false false false false false false false false false false false false false false false false false