2013-01-14T10:39:30-06:00 2012-05-31 ELO PROF LLC PO BOX 249 MITCHELL SD 57301 990 2011-06-01 460224589 DAKOTA WESLEYAN UNIVERSITY DAKO 6059952607 1200 W UNIVERSITY AVE MITCHELL SD 57301 THERESA KRIESE 6059952607 2013-01-04 true JAY TOLSMA CPA 6059967717 2013-01-05 2011 2016-03-07 17:11:31Z 21269607 false X WWW.DWU.EDU X 1885 SD DAKOTA WESLEYAN UNIVERSITY ASPIRES TO BE A LEADING UNIVERSITY THAT EDUCATES STUDENTS TO IDENTIFY AND DEVELOP THEIR INDIVIDUAL TALENTS FOR SUCCESSFUL LIVES IN SERVICE TO GOD AND THE COMMON GOOD. 30 29 492 0 12486243 3036379 16529484 16828936 291077 496101 618867 614454 29925671 20975870 6646489 6598384 0 7973802 8156556 0 493834 6174200 6020740 20794491 20775680 9131180 200190 53053137 53024489 9911572 10630710 43141565 42393779 DAKOTA WESLEYAN UNIVERSITY ASPIRES TO BE A LEADING UNIVERSITY THAT EDUCATES STUDENTS TO IDENTIFY AND DEVELOP THEIR INDIVIDUAL TALENTS FOR SUCCESSFUL LIVES IN SERVICE TO GOD AND THE COMMON GOOD. false false 18207578 6598384 PROVIDED INSTRUCTION AND OTHER SUPPORTING SERVICES TO APPROXIMATELY 680 FULL-TIME AND 80 PART-TIME STUDENTS 18207578 true true false false false false false false false true true false false true true false true false true false false false false false false false false false true true true false false false false false false false true false true false false false false false false false false false false true 57 0 492 true false false false false false true true false false false false false false X 30 29 false false false false false false false true true false false true true true true true false true true false X THERESA KRIESE 6059952607 1200 UNIVERSITY BLVD MITCHELL SD 57301 BETTY OLDENKAMP 1.00 X 0 0 0 ROBERT BENSON 1.00 X 0 0 0 BRADLEY PRATT 1.00 X X 0 0 0 DEANELL BACKLUND 1.00 X 0 0 0 DEBORAH LIEDER KIESEY 1.00 X 0 0 0 DONALD MESSER 1.00 X 0 0 0 GOPAL VYAS 1.00 X 0 0 0 JOHN BILLION 1.00 X 0 0 0 JEFF KRALL 1.00 X 0 0 0 JERRY THOMSEN 1.00 X 0 0 0 DOUGLAS POWERS 1.00 X 0 0 0 JOHN CLARKE 1.00 X 0 0 0 JOHN HARTUNG 1.00 X 0 0 0 BILL FARRIS 1.00 X 0 0 0 KENT MILLARD 1.00 X 0 0 0 LISA RENTSCHLER 1.00 X 0 0 0 MICHAEL ROGERS 1.00 X 0 0 0 NANCY THEELER 1.00 X X 0 0 0 PAUL CHRISTEN 1.00 X 0 0 0 RICHARD MELMER 1.00 X 0 0 0 RONALD MARTIN 1.00 X 0 0 0 THEODORE ROMAN 1.00 X 0 0 0 JOHN GRINAGER 1.00 X 0 0 0 WAYNE PUETZ 1.00 X 0 0 0 DANIEL DUFFY 1.00 X 0 0 0 JAMES GRITZNER 1.00 X 0 0 0 ROBERT KJELDEN 1.00 X 0 0 0 KERMIT CULVER 1.00 X 0 0 0 GARY EBEL 1.00 X X 0 0 0 RITA JOHNSON 1.00 X 0 0 0 ROBERT RUEDEBUSCH 1.00 X 0 0 0 RICH CUTLER 1.00 X 0 0 0 ROBERT NIELSEN 1.00 X 0 0 0 FRANCIS WAGNER 1.00 X 0 0 0 ROBERT DUFFETT 40.00 X 158430 0 28960 THERESA KRIESE 40.00 X 82257 0 5167 240687 34127 1 false true false PUETZ CORPORATION 800 N KIMBALL ST MITCHELL SD 57301 CONSTRUCTION 3892436 ARAMARK CORPORATION 1101 MARKET STREET PHILIDELPHIA PA 19107 FOOD SERVICES 1082787 MBS TEXTBOOK EXCHANGE 2711 WEST ASH COLUMBIA MO 65203 TEXTBOOK EXCHAN 222167 EIIA 200 SOUTH WACKER DRIVE SUITE 1000 CHICAGO IL 60606 INSURANCE 180183 INSTITUTION SERVICES INC 1421 N B AVENUE SIOUX FALLS SD 57104 FOOD SUPPLY & D 164718 5 532767 2503612 1036 3036379 TUITION & FEES 14072914 14072914 SALES & SERVICES OF AUX ENT 2756022 2756022 16828936 463048 463048 373962 216615 157347 157347 157347 110175 77122 33053 33053 33053 OTHER INCOME 457107 457107 457107 20975870 17286043 653448 6598384 6598384 6457448 5361655 806857 288936 220760 183298 27584 9878 984351 711755 243547 29049 493997 410168 61725 22104 2948 2948 44625 44625 5547 1500 4047 56281 28279 28002 223182 158023 32075 33084 762461 729465 32925 71 431973 377494 24496 29983 26611 14674 5376 6561 869320 869320 183807 183807 CONTRACTUAL SERVICES 1345961 1171494 161322 13145 SUPPLIES 687826 611930 59321 16575 COST OF SALES - BOOKSTORE 366445 366445 PROGRAMMING 324251 313185 427 10639 689502 300509 383186 5807 20775680 18207578 2074268 493834 1019777 2031576 5583362 2955211 363619 502055 1031601 1009168 115884 110146 172309 177982 36711736 14582818 19064660 22128918 20397349 20092273 524601 570520 4779975 3446640 53053137 53024489 1559619 2071521 775048 663703 4027215 3535776 1317708 1927893 2231982 2431817 9911572 10630710 X 10225390 9645027 16480670 16032016 16435505 16716736 43141565 42393779 53053137 53024489 200190 -947976 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false 21372735 313633 -452160 -564832 -324485 20344891 19201111 237511 2866873 -545285 -387475 21372735 17447188 480802 2246479 -598509 -374848 19201111 0.79000 0.21000 false false false 313447 313447 1198120 25525416 10850997 15872539 4291022 3169717 1121305 5383731 562104 4821627 22128918 BENE INT IN CHARITABLE LEAD TRUST 3179686 DEPOSITS WITH TRUSTEES 198638 BOND ISSUANCE COSTS, NET 68316 3446640 ADV FROM FED FOR STUDENT LOANS 1495942 ANNUITIES PAYABLE & SPLIT INT AGREEM 695789 OTHER LIABILITIES 240086 2431817 20975870 20775680 200190 -898901 -49075 -947976 -747786 13695200 -898901 216615 -682286 14377486 6598384 6598384 20975870 14442986 265690 265690 14177296 6598384 6598384 20775680 INTENDED USES FOR ENDOWMENT FUNDS SCHEDULE D, PAGE 2, PART V, LINE 4 THE UNIVERSITY'S ENDOWMENT IS USED TO PROVIDE SCHOLARSHIPS FOR STUDENTS AND SUBSIDIZE CERTAIN UNIVERSITY OPERATIONS PER THE INTENTIONS OF THE ENDOWMENT'S DONORS. RECONCILIATION OF CHANGES - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 8 RENTAL EXPENSES (SHOWN GROSS ON F/S'S) 216,615 TUITION ALLOWANCES (NETTED ON F/S'S) -6,598,384 CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -49,075 RENTAL EXPENSES (SHOWN GROSS ON F/S'S) -216,615 TUITION ALLOWANCES (NETTED ON F/S'S) 6,598,384 REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 2D RENTAL EXPENSES (SHOWN GROSS ON F/S'S) 216,615 REVENUE AMOUNTS INCLUDED ON RETURN - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 4B TUITION ALLOWANCES (NETTED ON F/S'S) 6,598,384 EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XIII, LINE 2D CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 49,075 RENTAL EXPENSES (SHOWN GROSS ON F/S'S) 216,615 EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER SCHEDULE D, PAGE 4, PART XIII, LINE 4B TUITION ALLOWANCES (NETTED ON F/S'S) 6,598,384 true true true true true true true false false false false false false false false true false true FINANCIAL AID OR GOVERNMENT ASSISTANCE EXPLANATION SCHEDULE E LINE 6 FINANCIAL AID FOR COLLEGE STUDENTS true SCHOLARSHIP ALLOWANCES 782 6598384 X X true true X X X X X false false false false false false false false false ROBERT DUFFETT 118430 40000 28960 187390 CITY OF MITCHELL SD 466000305 2005-06-30 1650000 FUNDS WERE USED TO CONSTRUCT UNIVESITY APARTMENTS AND REMODEL ALLEN HALL ON false false false CITY OF MITCHELL 466000305 2010-03-25 2820000 FUNDS WERE ISSUED TO REFINCE THE ORIGINAL ISSUE FOR THE CONSTRUCTION OF LB false false false CITY OF MITCHELL 466000305 2010-03-25 350000 FUNDS WERE ISSUED TO REFINCE THE ORIGINAL ISSUE FOR THE CONSTRUCTION OF A false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false PURPOSE OF ISSUE DESCRIPTION SCHEDULE K CITY OF MITCHELL SD THE CAMPUS OF DAKOTA WESLEYEAN UNIVERISTY CITY OF MITCHELL WILLIAMS ELEMENTARY SCHOOL CITY OF MITCHELL WELLNESS CENTER PUETZ CORPORATION BOARD MEMBER 3932058 CONSTRUCTION false ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED WITH ADMINISTRATION FOR ACCURACY OF INFORMATION. THE FORM IS THEN REVIEWED BY THE BOARD OF TRUSTEES AUDIT COMMITTEE BEFORE SUBMISSION TO THE FEDERAL GOVERNMENT. THE AUDIT COMMITTEE HAS BEEN GRANTED AUTHORITY FROM THE BOARD OF TRUSTEES TO APPROVE THE SUBMISSION. THE ENTIRE FORM 990 IS THEN REVIEWED WITH THE WHOLE BOARD AT THE NEXT REGULARLY SCHEDULED MEETING. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C EACH YEAR ADMINISTRATION REVIEWS THE VENDORS USED BY THE UNIVERSITY TO DETERMINE IF THERE IS A CONNECTION WITH ANY EMPLOYEE, OFFICER, OR TRUSTEE. MAJOR CONTRACTS INVOLVING THESE INDIVIDUALS ARE APPROVED BY THE BOARD OF TRUSTEES PRIOR TO ENGAGEMENT WITH THE VENDOR. ALL INDIVIDUALS FALLING UNDER THIS POLICY ARE AWARE OF THE POLICY AND THE DISCLOSURE REQUIREMENTS. ANY RELATED PARTY TRANSACTIONS ARE DISCLOSED IN THE ANNUAL AUDIT. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION IS DETERMINED BY A BOARD OF TRUSTEES APPOINTED COMMITTEE. THIS COMMITTEE REVIEWS COMPARABLE DATA FROM OTHER INSTITUTIONS OF SIMILAR SIZE AND MISSION. THE COMMITTEE RECOMMENDS COMPENSATION TO THE BOARD OF TRUSTEES EXECUTIVE COMMITTEE FOR BOARD APPROVAL. THE PRESIDENT IS ISSUED A MULTI-YEAR CONTRACT THAT ADDRESSES ALL COMPENSATION. COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES OF THE UNIVERSITY IS DETERMINED AFTER COMPARABLE DATA IS REVIEWED. COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES IS AT THE DISCRETION OF THE PRESIDENT WITH BOARD OF TRUSTEES OVERSIGHT. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 THESE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. THE 990 FORM IS AVAILABLE ONLINE THROUGH THE IRS WEBSITE.