2013-12-23T12:11:14-07:00 2013-06-30 990 2012-07-01 370661228 MONMOUTH COLLEGE MONM 3094572124 700 East Broadway Monmouth IL 61462 Donald Gladfelter 3094572124 2013-12-23 2012 2015-11-30 17:44:51Z Mauri Ditzler 700 East Broadway Monmouth IL 61462 65797201 0 X www.monmouthcollege.edu X 1853 IL Private Liberal Arts College that strives to create and sustain an environment that is value-centered, intellectually challenging, aesthetically inspiring, and culturally diverse; and we hold as central our commitment to liberal arts education and to one another. 37 37 1121 66 0 0 5285496 3970040 45410891 45414325 5816643 3706220 377144 493589 56890174 53584174 19146372 20368256 0 0 16800966 17310360 160247 106500 1592171 14297721 14224630 50405306 52009746 6484868 1574428 204361853 213895829 40670786 37377865 163691067 176517964 As an undergraduate liberal arts college we recognize the close relationship of faculty and students to be fundamental to our learning environment. As a community of learners we strive to create and sustain an environment that is value-centered, intellectually challenging, aesthetically inspiring, and culturally diverse; and we hold as central our commitment to liberal arts education and to one another. 0 0 39833697 20368256 36301098 Higher Education: Instructional programs-Humanities, Sciences, Social Sciences and other liberal arts programs, Business and Education. Serve approximately 1200 students. Programs include academic departments as well as academic support areas such as library, academic computing, faculty development, etc. This represents tuition and fees. 7513826 9113227 Auxiliary services: student housing and dining programs, security and parking. 0 0 0 47347523 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 1 0 1 0 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1460 0 1 1121 1 0 0 0 0 0 0 1 1 0 0 0 X 37 37 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X Donald Gladfelter 3094572124 700 E Broadway Monmouth IL 61462 Karen Chism 0 0 X 0 0 0 Nancy Speer Engquist 0 0 X 0 0 0 Mark Kopinski 0 0 X 0 0 0 Stanley Pepper 0 0 X 0 0 0 Douglas Carlson 0 0 X 0 0 0 Robert Dahl 0 0 X 0 0 0 Robert McConnell 0 0 X 0 0 0 William J Goldsborough 0 0 X 0 0 0 John Scotillo 0 0 X 0 0 0 Mark Taylor 0 0 X 0 0 0 William Irelan 0 0 X 0 0 0 Christine Farr 0 0 X 0 0 0 Carlos Smith 0 0 X 0 0 0 Jean Peters Witty 0 0 X 0 0 0 Dr William M Simpson 0 0 X 0 0 0 Sandra E Wolf 0 0 X 0 0 0 Gail Owen 0 0 X 0 0 0 Nancy Snowden 0 0 X 0 0 0 Robert Ardell 0 0 X 0 0 0 Richard Yahnke 0 0 X 0 0 0 Bradley Nahrstadt 0 0 X 0 0 0 Augustin Hart 0 0 X 0 0 0 Ralph Velazquez 0 0 X 0 0 0 Robert Tucker 0 0 X 0 0 0 Anthony Perzigian 0 0 X 0 0 0 Daniel Cotter 0 0 X 0 0 0 Jack Schultz 0 0 X 0 0 0 John Courson 0 0 X 0 0 0 Neil Dahlstrom 0 0 X 0 0 0 Rod Davies 0 0 X 0 0 0 Larry Gerdes 0 0 X 0 0 0 Mahendran Jawaharial 0 0 X 0 0 0 Kevin Kaihara 0 0 X 0 0 0 Michael McCulley 0 0 X 0 0 0 Dennis Plummer 0 0 X 0 0 0 Beth Tyre 0 0 X 0 0 0 Jackie Bell Zachmeyer 0 0 X 0 0 0 Gerald Marxman 0 0 X X 0 0 0 Deborah Davis 40 0 X 36494 0 8393 Leah McLaren 40 0 X 25887 0 9667 Molly Ball 50 0 X 134000 0 20762 Jacquelyn Heerwagen 50 0 X 118125 0 15222 Donald Gladfelter 50 0 X 150838 0 16439 Mauri Ditzler 50 0 X 225447 0 23289 Timothy Keefauver 50 0 X 29769 0 1750 David Timmerman 50 0 X 138280 0 20761 Omar Correa 50 0 X 135113 0 16372 993953 0 132655 6 1 1 0 Pepper Construction 643 North Orleans Chicago IL 60654 Contractor 18551143 Aramark Campus Dining Service 700 E Broadway Monmouth IL 61462 Dining services 2821632 Stantec Architecture Inc 13980 Collections Ctr Dr Chicago IL 60693 Architect 397849 RuffaloCODY PO Box 3018 Cedar Rapids IA 524063018 Consulting 342045 Don Owen Landscaping 1186 Knox Hwy 20 Maquon IL 61458 Landscaping 276942 7 0 0 0 0 211816 3758224 698098 3970040 Tuition & Fees 611310 36301098 36301098 0 0 Room & Board 611310 9113227 0 0 9113227 0 0 0 0 45414325 1119046 0 0 1119046 0 0 0 0 0 0 0 0 346989 0 0 0 346989 0 346989 0 0 346989 14800201 0 12213027 0 2587174 0 2587174 0 0 2587174 0 146600 0 0 146600 146600 53584174 36301098 0 13313036 0 0 20258906 20258906 109350 109350 954458 239537 536530 178391 12789825 11015062 1037548 737215 717670 616386 60874 40410 1989262 1494832 407561 86869 859145 744012 63234 51899 32047 4922 26003 1122 39150 39150 106500 106500 70718 70718 47592 6750 40842 41425 32882 5834 2709 375639 355430 2902 17307 1107321 1107321 0 0 828515 644704 89713 94098 392297 392297 4570453 4469903 73127 27423 415181 351851 51170 12160 Printing 377094 235289 70040 71765 Repairs & Maintenance 721116 616948 80681 23487 Outside Consulting 235476 204596 25142 5738 Dining Services 2754865 2655908 80354 18603 2215741 1790637 308629 116475 52009746 47347523 3070052 1592171 20740001 3140382 2237501 792333 606980 637179 2527292 2418992 200223 190000 328647 368337 182497901 55993482 104610175 126504419 68996837 75602793 438000 494000 3676197 3747394 204361853 213895829 6185515 4299711 2567137 2589468 4346001 401752 27572133 26440000 0 3646934 40670786 37377865 X 85834533 86132946 35668644 47326839 42187890 43058179 163691067 176517964 204361853 213895829 1574428 11252469 0 0 0 0 X 1 X 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X X X 0 77767647 786313 14899927 1252265 4967738 0 87233884 78623684 1727682 815649 1025162 2374206 0 77767647 66173604 542253 15270379 1057999 2304553 0 78623684 58560042 4144069 6520245 964425 2086327 0 66173604 69543828 1168679 -9098956 920708 2132801 0 58560042 0.05 0.95 0 1 0 14633313 5216513 19849826 0 97526194 38458899 59067295 0 0 0 0 0 17519493 12767135 4752358 0 47602388 4767448 42834940 126504419 Annuities 3646934 3646934 44674183 11252469 0 0 -20162460 -8909991 53584174 0 0 0 53584174 31847286 0 0 0 0 0 31847286 0 20162460 20162460 52009746 SchD_P03_S00_L01 Schedule D, Part III, Line 1 The College has a permanent art collection displayed within the facilities of the campus and it is insured for approximately $1,710,000. The collection is not reflected in the financial statements. SchD_P03_S00_L04 Schedule D, Part III, Line 4 Various pieces of art and artifacts have been donated to the College and are used to enhance the scholarly research within the institution. This will enhance the College's ability to further our mission of a liberal arts education. SchD_P05_S00_L04 Schedule D, Part V, Line 4 The College uses endowment funds to support a variety of scholarships, prizes, professorships, faculty development, academic departments, plant maintenance and other programs at the College. SchD_P11_S00_L02d Schedule D, Part XI, Line 2d Student Assistance SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Student Assistance 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 The College recruits nationally and internationally. Admissions and recruiting documents are the best way to make this information known since the general community is very broad. Our policy is on the College's website and in the catalog. Monmouth College is committed to providing equal opportunity to students, prospective students, employees and applicants for employment, and as such, does not discriminate on the basis of race, religion, color, sex, national origin, ancestory, disability, age, marital status, or other factors as prohibited by law in its policies regarding admissions, financial assistance, educational programs, activities and employment. SchE_P01_S00_L06 Schedule E, Part I, Line 6 The College received federal funds which were used for student program entitlements such as Federal Supplemental Educational Opportunity Grants, Pell Grants, Perkins Loans, Federal Work Study, Direct Loans and Illinois State Monetary Awards for students. 1 Europe (including Iceland and Greenland) 0 0 Program Services Academic program 130148 Europe (including Iceland and Greenland) 0 0 Program Services Recruitment 2224 East Asia and the Pacific 0 0 Program Services Recruitment 1440 South Asia 0 0 Program Services Recruitment 24462 Sub-Saharan Africa 0 0 Program Services Academic program 12600 0 0 170874 Scholarships Europe (including Iceland and Greenland) 12 100600 Applied to tuition statment 0 Scholarships South Asia 1 8750 Applied to tuition statements 0 0 0 0 0 0 0 SchF_P01_S00_L02 Schedule F, Part I, Line 2 Grants are only for scholarship and are substantiated in the Financial Aid office on the basis of need or merit. The grants are applied directly to the tuition statements of the individual students. Only students enrolled at Monmouth College receive grants. X X X X X X 1 Bentz Wahley Flessner 7251 Ohms Lane Minneapolis MN 55439 Consulting Services 0 0 11250 -11250 Ruffalo Cody PO Box 3018 Cedar Rapids IA 52406 Phon-a-Thon 0 0 95250 -95250 0 106500 -106500 AK AL AR AZ CA CO CT DC DE FL GA HI IA ID IL IN KS KY LA MD ME MI MN MO MS MT NC ND NE NH NJ NM NV NY OH OK OR PA RI SC SD TN TX UT VA VT WA WI WV WY 1 MC Tuition Grants to various students 1200 20368256 0 SchI_P01_S00_L02 Schedule I, Part I, Line 2 The College follows federal and state guidelines and internal non-discriminatory guidelines for institutional funding. Institutional funding is based on need, academic qualifications and institutional program needs and is monitored by the financial aid office. X X X 1 1 X X X X 1 0 0 0 0 0 0 0 0 Mauri Ditzler 225447 0 0 0 0 0 76114 0 30052 0 331613 0 0 0 Molly Ball 134000 0 0 0 0 0 10344 0 10417 0 154761 0 0 0 Donald Gladfelter 150838 0 0 0 0 0 30671 0 5768 0 187277 0 0 0 David Timmerman 138280 0 0 0 0 0 10344 0 10417 0 159041 0 0 0 Omar Correa 84501 0 0 0 50612 0 6199 0 10172 0 151484 0 0 0 Jacquelyn Heerwagen 118125 0 0 0 0 0 0 0 6675 0 124800 0 0 0 Leah McLaren 25887 0 0 0 0 0 0 0 7490 0 33377 0 0 0 Timothy Keefauver 29769 0 0 0 0 0 0 0 0 0 29769 0 0 Deborah Davis 36494 0 0 0 0 0 0 0 5768 0 42262 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a Mauri Ditzler (President of the College) is required to live on campus as a condition of his employment. Monmouth Country Club dues are paid by the college and custodial care is provided at his residence. SchJ_P01_S00_L04 Schedule J, Part I, Line 4 Omar Correa was given severance in the amount of $50,612 and was included in his monthly payroll in July 2012. A City of Monmouth 376002276 609612AQ9 2005-01-20 6500000 Residence Hall Construction 0 0 0 B City of Monmouth 376002276 2011-08-09 10000000 Design, construction & equipping new three-story integrated learning center 0 0 0 C City of Monmouth 376002276 2012-07-20 3365000 Refunding Revenue Bonds (Prior issue date 8/19/2000) 0 0 0 A 1060000 0 6500000 0 0 89922 0 6400678 0 2006 0 0 1 1 B 500000 0 10000000 0 0 0 0 0 0 10000000 0 0 2013 0 0 1 1 C 340000 0 3365000 0 0 0 0 0 0 1 1 1 A 0 0 0 0 0 0 0 0 0 0 B 0 0 1 0 0 0.0018 0 0.0018 0 0 0 C 0 0 0 0 0 0 0 0 0 A 0 0 1 0 1 0 0 0 0 B 0 0 1 0 1 0 0 0 0 C 0 0 1 0 0 0 0 0 0 A 0 B 0 C 0 Robert Tucker College Trustee 15330 Consults w/ Sports Camp 1 Mauri Ditzler College President 0 Board Member of Midwest Bank-College uses bank 0 Augustin Hart College Trustee 0 Board Member of Midwest Bank where college banks 0 Stanley Pepper Family members of his have interest in Construction Co used by College 20270767 Construction contract 0 X 19 698099 FMV X 1 270450 Appraisal 1 0 1 1 SchM_P01_S00_L32b Schedule M, Part I, Line 32b The College uses licensed brokers to sell and process stock contributions. F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 Mauri Ditzler (President of the College) and Augustin Hart (Trustee) have a business relationship....both are on the Board of Directors at a local bank which the College utilizes. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The Controller prepares the Form 990 and the VP for Finance reviews it. Once it is completed, the 990 is sent to the audit committee for review and approval. Once this review and approval is done, it is sent to all other voting members of the board. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c All officers and trustees are required to submit a conflict of interest statement to the College on an annual basis. An annual conflict of interest survey is conducted by the corporate secretary. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 Compensation for key employees is determined by the compensation committee of the Board of Trustees in conjunction with the College President. Key employees provide annual written self-evaluations to the compensation committee. The VP for Finance provides survey information for comparable institutions directly to the compensation committee. The compensation committee reviews information with the President and determines compensation levels. Compensation decisions are then provided to the VP for Finance who in turn passes that information to the HR department. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The College makes its governing documents, conflict of interest policy and financial statements available upon request and they are on the College website.