2013-01-17T15:56:37-06:00 2012-06-30 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 225 S 6TH ST STE 2300 MINNEAPOLIS MN 55402 990 2011-07-01 370661496 CARTHAGE COLLEGE CART 2625518500 2001 ALFORD PARK DR KENOSHA WI 53140 WILLIAM ABT 2625518500 2013-01-08 1 LAWRENCE H MOHR CPA P00447603 6128764500 2013-01-08 2011 2016-02-25 16:41:14Z WILLIAM ABT 2001 ALFORD PARK DR KENOSHA WI 53140 126983241 0 X WWW.CARTHAGE.EDU X 1847 WI CARTHAGE IS A SCHOOL OF LIBERAL ARTS AND SCIENCES PROVIDING STUDENTS WITH A COLLEGE EDUCATION. CARTHAGE IS AFFILIATED WITH THE EVANGELICAL LUTHERAN CHURCH OF AMERICA. 28 28 2079 20 922244 0 10830246 3659410 95382760 100506165 2051767 991079 477108 15934 108741881 105172588 30241257 33569956 0 0 31170498 34248591 0 0 1878370 27284805 28184421 88696560 96002968 20045321 9169620 200822835 208485651 48460170 46880645 152362665 161605006 X SEEKING TRUTH, BUILDING STRENGTH, INSPIRING SERVICE - TOGETHER 0 0 20944956 83384319 INSTRUCTION: CARTHAGE COLLEGE AWARDS THE BACHELOR OF ARTS DEGREES WITH MAJORS IN MORE THAN 40 SUBJECT AREAS AND THE MASTER OF EDUCATION DEGREE. CARTHAGE ALSO HOSTS THE JOINT EXECUTIVE MBA AND MASTER OF SOCIAL WORK DEGREES AWARDED BY LOYOLA UNIVERSITY. THE 2011-2012 ACADEMIC YEAR ENROLLMENT WAS 2,819 FULL TIME EQUIVALENT (FTE) STUDENTS IN THE FALL SEMESTER AND 2,648 FTE STUDENTS ENROLLED IN THE SPRING SEMESTER. OF THE TOTAL NUMBER OF STUDENTS ENROLLED IN 2011-2012 ACADEMIC YEAR, 616 MET THE REQUIREMENTS OF GRADUATION. 38028975 33569956 522749 STUDENT SERVICES: CARTHAGE BOASTS A LONG-STANDING COMMITMENT TO EDUCATING THE WHOLE PERSON BY NOURISHING THE INTELLECTUAL, SPIRITUAL, EMOTIONAL, SOCIAL AND PHYSICAL DIMENSIONS OF STUDENTS' LIVES. THE COLLEGE OFFERS A CURRICULUM THAT CHALLENGES STUDENTS TO THINK CRITICALLY AND EXPRESS THEMSELVES EFFECTIVELY, A CAMPUS LIFE THAT ENCOURAGES INVOLVEMENT AND SERVICE (OVER 90 STUDENT ORGANIZATIONS), A COMMUNITY OF FAITH THAT NURTURES SPIRITUAL GROWTH AND DEVELOP MORAL RESPONSIBILITY, AND CO-CURRICULAR ACTIVITIES THAT INSPIRE STUDENTS TO TEST THEIR OWN LIMITS AND EXPRESS THEIR INDIVIDUALITY. THE AWARD WINNING STATE-OF-THE-ART HEDBERG LIBRARY UNITES BOOKS, PERIODICALS, ACADEMIC COMPUTING, NETWORK DATA PORTS AND MULTIMEDIA RESOURCES. 8441434 15477050 AUXILIARY ENTERPRISES AT CARTHAGE COLLEGE ARE COMPRISED OF 10 RESIDENCE HALLS ON CAMPUS, 9 DINING VENUES, AND A BOOKSTORE FOR STUDENTS, FACULTY AND STAFF. OF THE TOTAL STUDENT BODY, 64.5% OF ENROLLED STUDENTS LIVED ON-CAMPUS AND PARTICIPATED IN THE RESIDENT STUDENT BOARD PLAN. 1,633 STUDENTS RESIDED IN CAMPUS HOUSING DURING THE 2011-2012 ACADEMIC YEAR. 13790941 199803 PUBLIC SERVICE EVENTS CONSIST OF MUSIC AND/OR COMEDY CONCERTS, BUSINESS COALITION LUNCHES AND FAMILY FUN NIGHTS WHICH PROVIDE ENTERTAINMENT/ACTIVITIES THAT ARE OPEN TO THE GENERAL PUBLIC. DIFFERENT EVENTS ARE HELD THROUGHOUT THE ENTIRE ACADEMIC YEAR. 13790941 199803 81206306 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 5604 0 2079 1 1 1 0 0 0 0 1 1 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 WI X X WILLIAM ABT 2625516200 2001 ALFORD PARK DRIVE KENOSHA WI 53140 ROSS ANDERSON 1.00 X 0 0 0 MARK BARMAK 1.00 X X 0 0 0 REV JEFF BARROW 1.00 X 0 0 0 MARY BISHOP 1.00 X X 0 0 0 STEVEN CHAPMAN 1.00 X 0 0 0 RICHARD CHRISTMAN 1.00 X 0 0 0 W CRAIG DEATON 1.00 X 0 0 0 JOHN GORTON 1.00 X 0 0 0 JEFF HAMAR 1.00 X X 0 0 0 HOYT H HARPER II 1.00 X 0 0 0 MARILYN HEDBERG 1.00 X 0 0 0 WILLIAM KELLEY 1.00 X 0 0 0 THOMAS KIESO 1.00 X 0 0 0 JAMES KLAUSER 1.00 X 0 0 0 THOMAS LENTZ 1.00 X 0 0 0 WILLIAM MADDEN 1.00 X 0 0 0 GINA MADRIGANO FRIEBUS 1.00 X 0 0 0 DEAN MATTHEWS 1.00 X 0 0 0 REV WAYNE MILLER 1.00 X 0 0 0 DENNIS L MONROE 1.00 X 0 0 0 NICHOLAS T PINCHUK 1.00 X 0 0 0 GORDON POSTLEWAITE 1.00 X 0 0 0 LOREN SEMLER 1.00 X 0 0 0 JOHN SLADEK 1.00 X 0 0 0 DAVID STRAZ 1.00 X 0 0 0 DEBRA WALLER 1.00 X X 0 0 0 JUNE WALLER 1.00 X 0 0 0 GARY WILSON 1.00 X 0 0 0 F GREGORY CAMPBELL 40.00 X 313583 0 148715 WILLIAM ABT 40.00 X 191313 0 45647 BRADLEY ANDREWS 40.00 X 151720 0 28780 JULIO RIVERA 40.00 X 151384 0 19177 TODD KELLEY 40.00 X 147522 0 24504 ROBERT ROSEN 40.00 X 139933 0 26672 ROBERT BONN 40.00 X 125164 0 29296 PAUL HEGLAND 40.00 X 96019 0 23672 LOUISE PASKEY 40.00 X 69695 0 16688 ABIGAIL HANNA 40.00 X 62631 0 10793 MICHAEL WEST 40.00 X 86123 0 21025 JOHN ANTARAMIAN 40.00 X 61031 0 16923 DEAN CLARK 40.00 X 109773 0 15357 KURT PIEPENBURG 40.00 X 134848 0 16878 WILLIAM HOARE 40.00 X 117502 0 25625 ARTHUR CYR 40.00 X 119149 0 17973 JAMES UNGLAUBE 40.00 X 122780 0 0 MARK MAHONEY 40.00 X 111773 0 20449 2311943 0 508174 26 0 1 0 JH FINDORFF & SON INC PO BOX 575 MADISON WI 53701 CONSTRUCTION 7894812 SODEXO INC 4880 PAYSPHERE CIR CHICAGO IL 60674 FOODSERVICE 4314151 FINDORFF INC PO BOX 575 MADISON WI 53701 CONSTRUCTION 1952280 RILEY CONSTRUCTION CORPORATION 5301 99TH AVENUE KENOSHA WI 53144 CONSTRUCTION 1700427 EIIA GROUP INSURANCE TRUST 200 SOUTH WACKER DRIVE SUITE 1000 CHICAGO IL 60606 INSURANCE 1032933 45 50116 490452 3118842 995221 3659410 TUITION AND FEES 611710 83384319 83384319 AUX. ENTERPRISE 611710 16399294 15477050 922244 ATHLETIC DEPT. INCOME 611710 522749 522749 OTHER STUDENT SERVICES 611710 199803 199803 100506165 1619191 1619191 21145011 21773123 -628112 -628112 -628112 53464 50116 37530 15934 15934 105172588 99583921 922244 1007013 33569956 33569956 2162228 1650382 445486 66360 24004479 18322093 4945670 736716 1835042 1400647 378076 56319 4471286 3412835 921224 137227 1775556 1355243 365820 54493 64091 48919 13205 1967 72237 55137 14883 2217 56606 56606 7325400 5619962 1516993 188445 4465 3408 920 137 5462787 4169626 1125504 167657 582202 444382 119952 17868 3962782 3021864 818929 121989 1336295 1019965 275318 41012 396718 302806 81736 12176 1254838 957790 258536 38512 4691320 3580782 966558 143980 1006364 768136 207342 30886 GENERAL INSTITUTIONAL 1968316 1502373 405534 60409 96002968 81206306 12918292 1878370 15055231 13125109 1167688 1461717 2847552 3425788 2352792 2109954 495272 383165 184789382 57421913 107526514 127367469 55825434 59008128 15552352 1604321 200822835 208485651 7554326 6297623 2690030 2700783 7887964 8386260 27871084 25250000 2456766 4245979 48460170 46880645 X 100614846 117459211 23083128 14110999 28664691 30034796 152362665 161605006 200822835 208485651 X 9169620 72721 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 230349 X X X X 0 51711717 1378744 993949 -578184 54662594 39118944 1442518 10251593 -898662 51711717 33561053 489912 4982579 -85400 39118944 43333302 446816 -9109456 -1110854 1245 33561053 0.26000 0.53000 0.21000 0 0 487000 487000 126031980 24232010 101799970 11544196 3313917 8230279 44778246 29335422 15442824 1947960 540564 1407396 127367469 ANNUITIES PAYABLE 1503039 DEPOSITS HELD IN CUSTODY FOR OTHERS 273961 ASSET RETIREMENT OBLIGATION 539669 CAPITAL LEASE OBLIGATION 933986 LONG-TERM DEBT 995324 4245979 105172588 96002968 9169620 72721 72721 9242341 71668277 72721 12000 37530 122251 71546026 33626562 33626562 105172588 62425936 12000 37530 49530 62376406 33626562 33626562 96002968 PART III, LINE 4: THE COLLECTION RELATES TO ITEMS FROM THE CIVIL WAR AND IS USED PRIMARILY FOR EDUCATIONAL PURPOSES. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED TO FUND SCHOLARSHIPS, EDUCATIONAL PROJECTS, AND OTHER VARIOUS PURPOSES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE COLLEGE FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE COLLEGE FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2012 AND 2011. THE COLLEGE'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE TAX RETURNS FOR FISCAL YEARS 2009 AND THEREAFTER ARE OPEN TO EXAMINATION BY FEDERAL AUTHORITIES. THE TAX RETURNS FOR FISCAL YEARS 2008 AND THEREAFTER ARE OPEN TO EXAMINATION BY THE STATE OF WISCONSIN TAX AUTHORITIES. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 37,530. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS TO STUDENTS 33,569,956. INVESTMENT MANAGEMENT FEES 56,606. PART XIII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 37,530. PART XIII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS TO STUDENTS 33,569,956. INVESTMENT MANAGEMENT FEES 56,606. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE COLLEGE PUBLISHES ITS NONDISCRIMINATORY POLICY IN THE KENOSHA DAILY NEWS AND RACINE JOURNAL TIMES AT VARIOUS POINTS THROUGHOUT THE YEAR. THE COLLEGE FOLLOWS A NONDISCRIMINATORY POLICY REGRADING ALL PROGRAMS. ENROLLMENT OF STUDENTS IS WITHOUT DISCRIMINATION AS TO RACE, RELIGION, SEX, COLOR, OR NATIONAL ORIGIN AND IS PUBLISHED IN THE COLLEGE'S CATALOG AND RECRUITING INFORMATION. RECRUITMENT PROCEDURES ARE DESIGNED AND CARRIED OUT TO REACH ALL RACIAL SEGMENTS IN THE GEOGRAPHIC AREA SERVED. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES FINANCIAL ASSISTANCE FROM THE U.S. GOVERNMENT IN CONNECTION WITH VARIOUS PROGRAMS SUCH AS THE PERKINS STUDENT LOAN PROGRAM, FEDERAL WORK STUDY PROGRAM, PELL GRANT PROGRAM, AND SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM. STUDENTS ATTENDING CARTHAGE COLLEGE ALSO RECEIVE FINANCIAL ASSISTANCE FROM THE STATE OF WISCONSIN. RED MEN/LADY REDS GOLF 103580 50116 53464 37530 103580 50116 53464 37530 37530 15934 1 SCHOLARSHIPS AND GRANTS PROVIDED AS FINANCIAL AID TO STUDENTS - SEE COLLEGE FOR DETAILED LIST 2023 33569956 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: CARTHAGE COLLEGE OFFERS SCHOLARSHIPS AND GRANTS TO QUALIFIED STUDENTS TO HELP REDUCE THEIR OUT-OF-POCKET TUITION COSTS. STUDENTS RECEIVING FINANCIAL ASSISTANCE OF THIS FORM MUST MEET SPECIFIC CRITERIA SUCH AS ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER SIMILAR STANDARDS WHETHER PUT IN PLACE BY THE COLLEGE OR BY DONORS OF RESTRICTED FUNDS. X X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 F GREGORY CAMPBELL 282400 0 0 0 31183 0 108115 0 40600 0 462298 0 0 0 WILLIAM ABT 145800 0 0 0 45513 0 42947 0 2700 0 236960 0 0 0 BRADLEY ANDREWS 151540 0 0 0 180 0 20320 0 8460 0 180500 0 0 0 JULIO RIVERA 119692 0 0 0 31692 0 19177 0 0 0 170561 0 0 0 TODD KELLEY 146800 0 0 0 722 0 19304 0 5200 0 172026 0 0 0 ROBERT ROSEN 139560 0 0 0 373 0 18732 0 7940 0 166605 0 0 0 ROBERT BONN 114540 0 0 0 10624 0 17336 0 11960 0 154460 0 0 0 KURT PIEPENBURG 134244 0 0 0 604 0 16878 0 0 0 151726 0 0 0 PART I, LINE 1A F. GREGORY CAMPBELL, HARVARD STEPHENS, AND GLENN MILLER RECEIVED HOUSING ALLOWANCES FROM THE ORGANIZATION. WISCONSIN HEALTH AND EDUCATIONAL FACILITIES 391337855 2012-06-01 6250000 REFINANCE OF 1999 SERIES BONDS 0 0 0 6250000 6250000 2012 1 0 1 1 0 1 0 0 0 0 X 10030 FAIR MARKET VALUE X 16 965932 FAIR MARKET VALUE X MUSICAL INSTRUMENTS 1 15000 FAIR MARKET VALUE X TELESCOPE 2 4259 FAIR MARKET VALUE 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): SCHEDULE M USES NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE IS COMPRISED OF 8 MEMBERS OF THE BOARD OF TRUSTEES, THE COLLEGE PRESIDENT, TREASURER AND ATTORNEY. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE HAS BEEN GIVEN THE AUTHORITY TO REVIEW AND APPROVE THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C ALL PAYMENTS ARE REVIEWED BY THE BUSINESS OFFICE TO INSURE THERE ARE NO CONFLICTS. ALL EMPLOYEES AND BOARD OF TRUSTEES ARE COVERED BY THE POLICY. DETERMINATIONS AS TO WHETHER CONFLICTS EXIST ARE MADE BY THE CONTROLLER AND VICE PRESIDENT FOR ADMINISTRATION AND BUSINESS. NO CONFLICTS HAVE ARISEN TO DATE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS REVIEWED AND APPROVED BY THE CARTHAGE COLLEGE EXECUTIVE COMMITTEE. THE COMMITTEE IS COMPRISED OF MEMBERS OF THE BOARD OF TRUSTEES, THE COLLEGE ATTORNEY AND THE COLLEGE PRESIDENT AND TREASURER. THIS REVIEW IS PERFORMED ANNUALLY BY THE COMMITTEE AND DONE FOR ALL OFFICERS OF THE COLLEGE. FORM 990, PART VI, SECTION C, LINE 19 THE CARTHAGE COLLEGE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE INTERNAL DOCUMENTS AND ARE NOT MADE AVAILABLE TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 72,721. FORM 990, PART XII, LINE 2C: NEITHER THE OVERSIGHT PROCESS OF THE AUDIT OR THE SELECTION PROCESS OF THE INDEPENDENT ACCOUNTANT CHANGED DURING THE TAX YEAR. CHARITABLE REMAINDER ANNUITY TRUSTS (153) CHARITABLE TRUST WI T CHARITABLE REMAINDER UNITRUST (1) CHARITABLE TRUST WI T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0