2013-04-15T11:44:28-05:00 2012-06-30 BKD LLP 201 N Illinois Street Indianapolis IN 46204 990 2011-07-01 310537514 WILMINGTON COLLEGE % BRADLEY MITCHELL WILM 9373826661 1870 QUAKER WAY WILMINGTON COLLEGE OH 45177 BRADLEY MITCHELL 9373826661 2013-05-15 true 3173834000 2011 2016-02-25 16:41:14Z BRADLEY MITCHELL 1870 QUAKER WAY WILMINGTON OH 45177 46819214 false X WWW.WILMINGTON.EDU X 1870 OH THE PURPOSE OF WILMINGTON COLLEGE IS TO EDUCATE, INSPIRE, AND PREPARE EACH STUDENT FOR A LIFE OF SUCCESS AND SERVICE. 26 26 759 950 2273436 3096111 34967074 35855540 1560447 800107 254206 238285 39055163 39990043 14670133 15375053 0 0 12614120 12491321 0 0 703860 11054888 11932113 38339141 39798487 716022 191556 68790614 67521798 17320466 17156054 51470148 50365744 X THE PURPOSE OF WILMINGTON COLLEGE IS TO EDUCATE, INSPIRE, AND PREPARE EACH STUDENT FOR A LIFE OF SUCCESS AND SERVICE. TO FULFILL THAT PURPOSE, WILMINGTON COLLEGE PROVIDES A HIGH QUALITY UNDERGRADUATE AND GRADUATE EDUCATION SHAPED BY THE TRADITIONS OF THE LIBERAL ARTS, CAREER PREPARATION, AND THE DISTINCTIVE VALUES OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS). BY OFFERING ACADEMIC PROGRAMS, PRACTICAL EXPERIENCE, AND CO-CURRICULAR ACTIVITIES IN A VARIETY OF SETTINGS TO STUDENTS FROM DIVERSE BACKGROUNDS, THE COLLEGE LEADS STUDENTS TO GAIN AN AWARENESS OF THE WORLD, TO ACQUIRE KNOWLEDGE OF CAREER AND VOCATION, AND TO SEEK TRUTH AND SOCIAL JUSTICE. IN KEEPING WITH THE RICH HERITAGE OF THE LIBERAL ARTS, THE COLLEGE SEEKS TO EDUCATE THE WHOLE PERSON-INTELLECTUAL, EMOTIONAL, PHYSICAL, AND SPIRITUAL-IN WAYS THAT FOSTER CRITICAL THINKING, REFLECTION, THE FREE EXCHANGE OF IDEAS, OPEN INQUIRY, TOLERANCE, AND A DESIRE FOR LIFELONG LEARNING. THE LIBERAL ARTS ARE INTEGRATED WITH CAREER PREPARATION T false false 35817180 15375053 36106028 EDUCATIONAL INSTRUCTION AND RELATED ACTIVITIES WERE PROVIDED FOR LIBERAL ARTS STUDENTS. SERVED 1,432 FULL-TIME AND PART-TIME STUDENTS. AUXILIARY ENTERPRISES INCLUDES RESIDENCE HALLS, DINING ROOM, BOOK STORE AND OTHER ACTIVITIES RELATING TO THE EDUCATIONAL PURPOSES OF THE INSTITUTION. 35817180 true true false false false false true false true true true false true true false true false true false true false false false true false false false true true false false false false false false false false true true false false false true false false false false true 1964 0 true 759 true true true false false false false true true false false false false X 26 26 false false false false false false false true true false true true true true true true true true true true false OH X BRADLEY MITCHELL 9373826661 1870 QUAKER WAY WILMINGTON OH 45177 X STANLEY P CAINE 1.0 X X 0 0 0 ROBERT E BUERGER 1.0 X 0 0 0 ANNE MARBLE CARAMANICO 1.0 X 0 0 0 ROBERT E CHASON 1.0 X 0 0 0 EARL L EVENS 1.0 X 0 0 0 THOMAS E GRAVLIN 1.0 X X 0 0 0 DAVID HAWLEY 1.0 X 0 0 0 SANDRA W NEVILLE 1.0 X X 0 0 0 DOUGLASS W MCDONALD 1.0 X X 0 0 0 SIDNEY MISHKIN 1.0 X X 0 0 0 WILLIAM E PEELLE 1.0 X 0 0 0 MARY ANN RAIZK 1.0 X 0 0 0 HISHAM SHTAYYEH 1.0 X 0 0 0 JOHN B REID 1.0 X 0 0 0 J STEPHEN SMITH 1.0 X 0 0 0 ROY JOE STUCKEY 1.0 X 0 0 0 RONALD I TATHAM 1.0 X 0 0 0 ROBERT E TOUCHTON 1.0 X 0 0 0 TIMOTHY P TRAYER 1.0 X 0 0 0 JOE VOLK 1.0 X 0 0 0 WILLIAM KERNS 1.0 X 0 0 0 FRED KRISHER 1.0 X 0 0 0 PAUL NEUMANN 1.0 X 0 0 0 DAVID SCHLECTY 1.0 X 0 0 0 WILLIAM P SHAW 1.0 X 0 0 0 TYRONE TAYLOR 1.0 X 0 0 0 BRADLEY MITCHELL 50.0 X 109733 0 3328 JAMES REYNOLDS 50.0 X 135800 0 27781 TIMOTHY PRUETT 50.0 X 75924 0 8646 DANIEL DIBIASIO 50.0 X 163324 0 23794 IRIS KELSEN 50.0 X 101104 0 10094 TERRY RUPERT 50.0 X 102924 0 74690 688809 0 148333 5 false true false SODEXHO INC AND ASSOCIATES Pyle Center 1272 WILMINGTON OH 45177 Food Services 1490035 ALPHA AND OMEGA BUILDING SERVICES 2843 CULVER AVE DAYTON OH 45429 Custodial Services 520252 ANTHEM BLUE CROSS BLUE SHIELD PO BOX 105673 ATLANTA GA 303485673 INSURANCE SERVICES 443380 MEDICAL MUTUAL OF OHIO PO BOX 959122 CLEVELAND OH 44193 Insurance SERVICES 345813 DUKE REALTY 75 REMITTANCE DRIVE 3205 CHICAGO IL 606753205 REAL ESTATE BROKER 344954 22 21520 809095 2265496 386146 3096111 TUITION AND FEES - WILMINGTON 611600 27006628 27006628 TUITION AND FEES - CINCINNATI 611600 1780841 1780841 RESIDENCE HALLS 611710 3685984 3685984 FOOD SERVICE 611710 2420872 2420872 OTHER AUXILIARY INCOME 611710 57783 57783 903432 903432 35855540 960650 960650 0 0 250488 250488 250488 250488 6648747 6809290 -160543 -160543 -160543 6728 21520 19881 -13153 -13153 0 0 ADVERTISING INCOME 541800 950 950 950 39990043 36106028 950 786954 0 0 15375053 15375053 0 0 537830 403372 134458 0 9712095 8678335 566088 467672 537409 403057 134352 957200 767642 189558 746787 560090 186697 0 60860 45645 15215 113687 85265 28422 0 0 160556 160556 1408143 985765 324064 98314 163075 139034 14114 9927 1048000 764980 237843 45177 382448 360699 21749 0 2215618 1796002 418996 620 339966 309287 14788 15891 0 0 571093 428638 142098 357 0 1650055 1237541 412514 526306 466146 60160 FOOD EXPENSE 1382672 1354342 24163 4167 EQUIPMENT EXPENSE 354801 374583 -25748 5966 BAD DEBT EXPENSE 250000 250000 0 0 EVENT EXPENSE 175745 106000 26106 43639 1129088 925704 191254 12130 39798487 35817180 3277447 703860 327 305 7824555 8546671 599400 934871 944997 817981 0 0 0 0 6430803 6072445 0 0 406128 325452 58545877 31413130 27816562 27132747 14565711 15903130 6591359 4198343 0 0 0 0 3610772 3589853 68790614 67521798 1733162 2010149 0 0 1588966 1152982 0 0 0 0 0 0 7600762 6882488 0 0 6397576 7110435 17320466 17156054 X 23005542 22907450 10649792 9143899 17814814 18314395 51470148 50365744 68790614 67521798 X 191556 -1295960 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X EDUCATIONAL false 20914912 598751 -439611 815108 158569 20100375 18381045 128458 3202462 797053 20914912 16288496 61150 2038205 6806 18381045 21118390 224673 -5048216 6351 16288496 1.00000 false false 3704925 1837230 5542155 33460721 17396075 16064646 16257024 12850172 3406852 3285977 1166883 2119094 27132747 ALTERNATIVE INVESTMENTS 4198343 F 4198343 REMAINDER TRUSTS 800967 PERPETUAL TRUSTS 2788886 3589853 0 LINE OF CREDIT 1819385 ADVANCES FROM FEDERAL GOV'T 5291050 7110435 39990043 39798487 191556 -1295960 -1295960 -1104404 23240020 -1295960 61665 19881 -1214414 24454434 160556 15375053 15535609 39990043 24344424 61665 19881 81546 24262878 160556 15375053 15535609 39798487 DESCRIPTION OF COLLECTIONS SCHEDULE D, PART III, LINE 1A AND 4 THE COLLEGE'S COLLECTIONS ARE MADE UP OF RARE BOOKS, ART OBJECTS AND ARTIFACTS OF HISTORICAL SIGNIFICANCE THAT ARE HELD FOR EDUCATIONAL AND CURATORIAL PURPOSES. MOST OF THE ITEMS ARE CATALOGUED. ALL ITEMS ARE PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE COLLECTION ITEMS ARE NOT RECOGNIZED AS ASSETS IN THE STATEMENTS OF FINANCIAL POSITION AND CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENTS OF ACTIVITIES. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. ASSETS USED TO PURCHASE COLLECTION ITEMS ARE REFLECTED AS TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THEY ARE RESTRICTED FOR SUCH PURPOSES BY THE DONORS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. THE COLLEGE REQUIRES THAT PROCEEDS FROM THE SALE OF COLLECTION ITEMS BE USED TO ACQUIRE OTHER COLLECTION ITEMS. INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4 TO PROVIDE SCHOLARSHIPS FOR THE ORGANIZATION'S STUDENTS TO ATTEND AN INSTITUTION FOR HIGHER EDUCATION. FIN 48 DISCLOSURE SCHEDULE D, PART X 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. RECONCILIATION OF REVENUE - OTHER ADJUSTMENTS SCHEDULE D, PART XII, LINE 2D FUNDRAISING EVENTS EXPENSES $ 19,881. RECONCILIATION OF REVENUE - OTHER ADJUSTMENTS SCHEDULE D, PART XII, LINE 4B GRANTS-IN-AID & SCHOLARSHIPS $ 15,375,053. RECONCILIATION OF EXPENSES - OTHER ADJUSTMENTS SCHEDULE D, PART XIII, LINE 2D FUNDRAISING EVENTS EXPENSES $ 19,881. RECONCILIATION OF EXPENSES - OTHER ADJUSTMENTS SCHEDULE D, PART XIII, LINE 4B GRANTS-IN-AID & SCHOLARSHIPS $ 15,375,053. true true true true true true true false false false false false false false false true false true NONDISCRIMINATORY POLICY LINE 3 WILMINGTON COLLEGE'S ANTI-DISCRIMINATION STATEMENT REACHES ITS CONSTITUENCIES VIA STUDENT RECRUITMENT MATERIALS FOR PROSPECTIVE STUDENTS, THE STUDENT HANDBOOK FOR CURRENT STUDENTS AND ITS ALUMNI MAGAZINE FOR ALUMNI AND FRIENDS OF THE COLLEGE. ALSO, AN ANTI-DISCRIMINATION STATEMENT IS INCLUDED IN ALL JOB POSTINGS AND ITS "DIVERSITY AS AN EDUCATIONAL VALUE" IS FEATURED ON THE WEB SITE. FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENTAL AGENCY LINA 6A THE COLLEGE RECEIVES THE TYPICAL FINANCIAL AID FROM THE GOVERNMENT THAT IS THEN DISTRIBUTED TO THE STUDENTS ATTENDING WILMINGTON COLLEGE. FOR THE YEAR ENDED 06/30/2012, THE ORGANIZATION RECEIVED THE OHIO CHOICE GRANT AND PERKINS FUNDS. Central America and the Caribbean Investments 3374000 Europe (Including Iceland and Greenland) Investments 824000 4198000 4198000 false false true true true false NFL GOLF OUTING 28248 21520 6728 4030 9342 6509 0 28248 21520 6728 4030 9342 6509 19881 -13153 true GRANTS-IN-AID & SCHOLARSHIPS 1432 15375053 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S. PART I, LINE 2. FUNDS ARE DISTRIBUTED BASED ON NEED AND MERIT. STUDENT AID IS HANDLED BY THE FINANCIAL AID DEPARTMENT AND CREDITED DIRECTLY TO THE STUDENT ACCOUNT. EACH STUDENT APPLIES FOR FINANCIAL AID BY FILLING OUT A FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA). THE AWARD IS BASED ON THE INFORMATION IN THIS APPLICATION. STUDENT CAN ALSO APPLY FOR GRANTS AND SCHOLARSHIPS BASED ON ELIGIBILITY. X X true true X X X X X false false false false false false false false false JAMES REYNOLDS 134600 0 0 0 1200 0 6874 0 20907 0 163581 0 TERRY RUPERT 94496 0 6111 0 2317 0 4961 0 69729 0 177614 0 DANIEL DIBIASIO 151236 0 0 0 12088 0 7681 0 16113 0 187118 0 BENEFITS PROVIDED TO A PERSON LISTED ON FORM 990, PART VII SCHEDULE J, PART I, LINE 1A AN AUTOMOBILE IS PROVIDED TO PRESIDENT THE PRESIDENT FOR USE IN THE PERFORMANCE OF HIS DUTIES. SOCIAL DUES PAID FOR PRESIDENT REYNOLDS FOR THE BUSINESS PURPOSES ONLY AND ARE NOT INCLUDED IN THE TAXABLE COMPENSATION. PRESIDENT DIBIASIO WAS PROVIDED HOUSING IN THE AMOUNT OF $10,500 CONTIGUOUS TO CAMPUS AS A CONDITION OF HIS EMPLOYMENT. THE HOUSING WAS FURNISHED FOR THE CONVENIENCE OF THE COLLEGE AND THEREFORE NOT INCLUDED IN HIS W-2. NONTAXABLE BENEFITS RECEIVED SCHEDULE J, PART II, COLUMN D INCLUDED IN JAMES REYNOLDS AND TERRY RUPERT'S NONTAXABLE BENEFITS IS TUITION REIMBURSEMENT OF $13,170 AND $61,992 RESPECTIVELY. X 21 650 APPRAISAL X 24 APPRAISAL X 7 164672 FAIR MARKET VALUE X 1 154370 APPRAISAL X 2 29000 APPRAISAL X 1 6600 COST X HORSES 2 14600 APPRAISAL X CHEARLEADING FOAM MATS 14 8000 COST X PROMOTIONAL ITEMS 1 8230 COST 0 false true true THIRD PARTIES WHO SELL NONCASH GIFTS PART I, LINE 32A THE ORGANIZATION USES SMITH BARNEY/JP MORGAN TO SELL STOCK DONATIONS. FAMILY/BUSINESS RELATIONSHIP WITH ANOTHER OFFICER, DIRECTOR, OR TRUSTEE FORM 990, PART VI, LINE DANIEL DIBIASIO AND DAVID HAWLEY HAVE A BUSINESS RELATIONSHIP. PROCESS TO REVIEW THE FORM 990 FORM 990, PART VI, LINE 11B THE BOARD OF TRUSTEES WILL RECEIVE A COPY OF THE FORM 990 VIA MAIL FOR THEIR REVIEW. EACH BOARD MEMBER WILL RETURN TO THE JANUARY BOARD MEETING WITH ANY COMMENTS. THE FULL BOARD DIRECTED THE COLLEGE ADMINISTRATION TO MAKE THE APPROPRIATE AND TIMELY FILINGS OF THE IRS FORM 990 FORMS AS PRESENTED IN APRIL 2013. THE FORM 990 WAS ALSO REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY FORM 990, PART VI, LINE 12C ALL BOARD MEMBERS AND OFFICERS RECEIVE A CONFLICT OF INTEREST POLICY AND BUSINESS RELATIONSHIP DISCLOSURE. EACH MEMBER COMPLETES THE FORM AND SENDS IT BACK TO THE PRESIDENT OF THE COLLEGE. THE PRESIDENT REPORTS ALL CONFLICTS TO THE CHAIRMAN OF THE BOARD. IF ANY CONFLICTS ARISE, THE BOARD OF DIRECTORS INVESTIGATES THE CONFLICT OF INTEREST, AND THE PERSON WITH THE CONFLICT ABSTAINS FROM VOTING ON THE RELATED ISSUE. REVIEW OF CEO OR TOP MGMT OFFICIAL COMPENSATION FORM 990, PART VI, LINE 15A THE HUMAN RESOURCES DEPARTMENT OF THE COLLEGE COMPLETES AN ANNUAL COMPENSATION STUDY BASED ON CUPA HR SALARY REVIEWS. THE PRESIDENT'S COMPENSATION RANGE INCLUDING BENEFITS WAS REVIEWED TAKING INTO ACCOUNT THE COLLEGE HAD EMBARKED ON A SEARCH FOR NEW PRESIDENT BEGINNING AUGUST 2011 AND ENDING WITH HIRING ITS CURRENT PRESIDENT, JAMES REYNOLDS EFFECTIVE FEBRUARY 2012. THE COMPENSATION OF THE PRESIDENT WAS INDEPENDENTLY ESTABLISHED BY THE BOARD OF TRUSTEES TAKING INTO ACCOUNT THE COUNSEL OF AN EXECUTIVE SEARCH FIRM, THE COMPETITIVE MARKET ENVIRONMENT AND THE EXPERIENCE AND THE CANDIDATE BEING OFFERED THE PRESIDENCY. REVIEW OF OTHER OFFICER OR KEY EMPLOYEES COMPENSATION FORM 990, PART VI, LINE 15B THE ORGANIZATION USES CUPA HR SALARY SURVEYS (KNOXVILLE, TN) AND ACADEMIC SEARCH (WASHINGTON DC) TO HELP IN THE SEARCH AND DETERMINING SALARY FOR KEY EMPLOYEES. DECEMBER 2008 WAS THE LAST TIME THE ORGANIZATION USED ONE OF THESE FIRMS. THE ORGANIZATION'S HUMAN RESOURCES DEPARTMENT ASLO COMPLETES AN ANNUAL COMPENSATION STUDY. THE PRESIDENT THEN ESTABLISHES THE COMPENSATION BASED ON THE SURVEY RESULTS AND THE ANNUAL COMPENSATION STUDY. AVAILABILITY OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, & FS FORM 990, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. OTHER CHANGES IN NET ASSETS OF FUND BALANCES FORM 990, PART XI, LINE 5 UNREALIZED LOSS ON INVESTMENTS $ 1,295,960 CHARITABLE REMAINDER TRUSTS (5) TRUST OH NA TRUST