2013-02-14T08:31:32-06:00 2012-06-30 420714325 MCGLADREY LLP 15 S OLD STATE CAPITOL PLAZA STE 20 SPRINGFIELD IL 627011510 990 2011-07-01 370673484 EUREKA COLLEGE EURE 3094676305 300 E COLLEGE AVENUE EUREKA IL 615301500 MARC PASTERIS 3094676305 2013-02-11 1 MICHAEL BASS P00458970 2177897700 2011 2016-03-07 17:11:31Z J DAVID ARNOLD 300 E COLLEGE AVENUE EUREKA IL 615301500 18190780 0 X WWW.EUREKA.EDU X 1855 IL HIGHER EDUCATION 31 30 491 76 0 0 3962977 2678720 11395701 11667910 2907495 1444038 776762 947290 19042935 16737958 0 0 0 0 7283248 7703038 0 0 993147 6120676 6495193 13403924 14198231 5639011 2539727 33970137 41072316 12953561 18450302 21016576 22622014 X EUREKA COLLEGE, AFFILIATED WITH THE CHRISTIAN CHURCH (DISCIPLES OF CHRIST), IS A LIBERAL ARTS AND SCIENCE INSTITUTION WHICH ALSO PROVIDES PROFESSIONAL PROGRAMS WITH A LIBERAL ARTS EMPHASIS. THE COLLEGE EXISTS TO CULTIVATE EXCELLENCE IN LEARNING, SERVICE, AND LEADERSHIP. THE COLLEGE FOSTERS THE MUTUAL DEVELOPMENT OF INTELLECT AND CHARACTER SO THAT THE MEMBERS OF OUR COMMUNITY MAY LEAD MEANINGFUL, PRODUCTIVE LIVES AND SUCCEED IN THEIR PROFESSIONAL AND SOCIAL ROLES. 0 0 10054493 13491742 EUREKA STUDENTS TAKE COURSES IN THE COLLEGE'S FIVE ACADEMIC DIVISIONS: EDUCATION, FINE AND PERFORMING ARTS, HUMANITIES, SCIENCE AND MATHEMATICS, AND SOCIAL SCIENCE AND BUSINESS. THE EUREKA COMMUNITY IS ONE THAT DEMANDS OF ITS MEMBERS INVOLVEMENT AND INTERACTION THROUGH SUCH ACTIVITIES AS MUSIC, THEATRE, STUDENT GOVERNMENT, AND ATHLETICS. AT THE CENTER OF THE EUREKA EXPERIENCE IS THE DEVELOPMENT OF VALUES THAT WILL HELP ITS GRADUATES CONTRIBUTE TO SOCIETY IN ROLES OF LEADERSHIP AND SERVICE.THE GOALS OF THE EUREKA COLLEGE CURRICULUM ARE PUBLISHED IN THE EUREKA COLLEGE CATALOG. THE COLLEGE UNDERSTANDS THAT THE TRUE PURPOSE OF EDUCATION IS TO REALIZE THE POTENTIAL OF THE WHOLE PERSON. ACCORDINGLY, OUR GOALS, ABBREVIATED BELOW, ARE TO FOSTER THE DEVELOPMENT OF:-THE INTELLECT-COMMMUNICATION SKILLS-AESTHETIC AND CULTURAL AWARENESS-AN UNDERSTANDING OF THE NATURAL ENVIRONMENT-PHYSICAL FITNESS, ALERTNESS, AND VITALITY-COMPETENCE IN AT LEAST ONE ACADEMIC OR PROFESSIONAL FIELD-GREATER SOCIAL AWARENESS-GREATER SENSE OF PERSONAL RESPONSIBILITY-PERSONAL VALUES-WAYS TO USE KNOWLEDGE IN LEADERSHIP AND SERVICEIN 2011-12, THE COLLEGE ENROLLED 755 STUDENTS IN 23 UNDERGRADUATE MAJORS, A 17:1 STUDENT-FACULTY RATIO, AND A RATIO OF FACULTY-TO-MAJORS OF 1.87.THE COLLEGE COMMUNITY IN THE 2012 FISCAL YEAR SAW STRONG NEW STUDENT ENROLLMENT (266) AND TOTAL NUMBER OF STUDENTS (755), AN IMPROVING 2.95 AVERAGE GPA ON A 4.0 SCALE FOR ALL STUDENTS. 10054493 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 55 0 1 491 1 0 0 0 0 0 1 1 0 0 0 1 0 X 31 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 X MARC PASTERIS 3094676305 300 E COLLEGE AVENUE EUREKA IL 61530 DAVID ADAMS 1.00 X X 0 0 0 BARBARA HODEL 1.00 X X 0 0 0 ROBERT ATTERBURY 1.00 X 0 0 0 JAY HEIN 1.00 X 0 0 0 LANCE BYERLY 1.00 X 0 0 0 WAYNE BAUM 1.00 X 0 0 0 KEVIN CALLIS 1.00 X 0 0 0 JAMES HENGST 1.00 X 0 0 0 GREGORY FOLLEY 1.00 X 0 0 0 RODNEY GOULD 1.00 X 0 0 0 GREG HENRY 1.00 X 0 0 0 CHARLES HERSHBERGER 1.00 X 0 0 0 MARIANNA JACKSON 1.00 X 0 0 0 K EDWARD HOLDERLE 1.00 X 0 0 0 SARAH ISABEL 1.00 X 0 0 0 WILLIAM KING 1.00 X 0 0 0 ANTHONY RIGAZIO 1.00 X 0 0 0 DAVID WINDLEY 1.00 X 0 0 0 J DAVID ARNOLD 40.00 X X 246703 0 37303 SAMUEL GIRARD 1.00 X 0 0 0 KELLY HARBERT 1.00 X 0 0 0 SANDRA BANER 1.00 X X 0 0 0 MICHAEL MANGOLD 1.00 X 0 0 0 MARK SPENNY 1.00 X 0 0 0 GLENN WERRY 1.00 X 0 0 0 MICHELLE HUBBLE 1.00 X 0 0 0 ROBERT HEITZMAN 1.00 X X 0 0 0 STEPHEN HATHWAY 1.00 X 0 0 0 ROBERT NICKS 1.00 X 0 0 0 HARRY WILLIAMS 1.00 X 0 0 0 KRISTEN SULLIVAN 1.00 X 0 0 0 MARC P PASTERIS 40.00 X 123440 0 31825 PHILLIP ACREE CAVALIER 40.00 X 121424 0 31884 MICHAEL K MURTAGH 40.00 X 116424 0 8180 607991 0 109192 4 0 1 0 CORE CONSTRUCTION 866 N MAIN STREET MORTON IL 61550 CONSTRUCTION 7723481 SODEXO FOOD SERVICES PO BOX 70060 CHICAGO IL 60673 CONTRACTED FOOD SERVICES 1041716 SODEXO MAINTENANCE SERVICES PO BOX 70060 CHICAGO IL 60673 CONTRACTED MAINTENANCE SERVICES 482123 RUYLE MECHANICAL 1325 NE BOND STREET PEORIA IL 61603 MAINTENANCE 146923 UNIVERSITY LOFT COMPANY 2588 JANNETIDES BLVD GREENFIELD IN 46140 SUPPLIES 130936 8 1983906 204140 490674 743382 2678720 TUITION & FEES 900099 9984243 9984243 ROOM & OTHER SERVICES 900099 1683667 1683667 11667910 658073 658073 24604 16288 8316 8316 8316 998716 212751 785965 785965 785965 42115 204140 141008 -98893 -98893 1958794 1082775 876019 876019 161848 161848 161848 16737958 13491742 0 567496 353656 263946 89710 5698397 4686000 658637 353760 385074 278046 66391 40637 818631 561601 198153 58877 447280 332897 80715 33668 20142 20142 55400 55400 61705 733 44291 16681 147316 67324 79992 338151 204370 76099 57682 72537 72537 1298406 1122061 176345 329197 243010 56539 29648 533744 266872 266872 1235516 929632 305884 STUDENT ACT- ADMIN 823703 358130 387063 78510 STUDENT PROG & ACTIVITY 539815 539815 CONTRACTUAL SERVICES 411429 297512 24721 89196 BAD DEBTS 274793 210007 64786 353339 166490 186849 14198231 10054493 3150591 993147 13799 26388 3789944 3107873 827388 506899 533243 542290 800000 605000 99327 120121 371503 670682 42305833 19195794 16449642 23110039 8080376 8759871 3004915 3623153 33970137 41072316 2369448 1821055 4155000 5072139 14939912 1356974 1689335 12953561 18450302 X 543242 2158946 3380445 2696860 17092889 17766208 21016576 22622014 33970137 41072316 X 2539727 -934289 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30966 X X 0 16692270 751107 727264 1124473 17046168 14632182 427831 1965881 333624 16692270 13910037 121416 1047186 446457 14632182 15477487 267022 -1278846 555626 13910037 1.00000 0 0 491771 491771 27750246 10710334 17039912 8473581 6613424 1860157 5590235 1872036 3718199 23110039 OTHER ASSETS 1227 CSV LIFE INSURANCE 613667 ESTATES 2330583 ART & SPECIALTY ITEMS 30966 OTHER INVESTMENTS 1000 REAL ESTATE 645710 3623153 STUDENT DEPOSITS 533158 ANNUITIES PAYABLE 319407 FEDERAL STUDENT LOAN FUNDS 452650 OBLIGATIONS UNDER CAPITAL LEASE 22410 INTEREST PAYABLE 113281 INTEREST RATE SWAP CONTRACT 248429 1689335 16737958 14198231 2539727 -646036 -288253 -934289 1605438 17331993 1240071 1240071 16091922 646036 646036 16737958 15478126 1279895 1279895 14198231 0 14198231 PART III, LINE 4: EUREKA COLLEGE HAS WORKS OF ART THAT INCLUDE PAINTINGS AND CIVIL WAR ITEMS. THESE ITEMS ARE USED IN THE CLASSROOMS IN THE FINE AND PERFORMING ARTS BUILDINGS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: TAX POSITIONS THAT MEET THE "MORE LIKELY THAN NOT" RECOGNITION THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50% LIKELY TO BE REALIZED ON SETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. THE PORTION OF THE BENEFITS ASSOCIATED WITH TAX POSITIONS TAKEN THAT EXCEEDS THE AMOUNT MEASURED AS DESCRIBED ABOVE IS REFLECTED AS A LIABILITY FOR UNCERTAIN TAX BENEFITS IN THE ACCOMPANYING STATEMENTS OF FINANCIAL POSITIONS ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. THERE WERE NO UNCERTAIN TAX BENEFITS IDENTIFIED AND RECORDED AS A LIABILITY AS OF JUNE 30, 2012 AND 2011. PART XI, LINE 8 - OTHER ADJUSTMENTS: ACTUARIAL ADJUSTMENT TO ANNUITIES PAYABLE -39,824. LOSS ON INTEREST RATE SWAP CONTRACT -248,429. TOTAL TO SCHEDULE D, PART XI, LINE 8: -288,253. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,082,775. SPECIAL EVENT EXPENSES 141,008. RENTAL EXPENSES 16,288. PART XII, LINE 4B - OTHER ADJUSTMENTS: UNREALIZED LOSSES ON INVESTMENTS 646,036. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,082,775. SPECIAL EVENT EXPENSES 141,008. ACTUARIAL ADJUSTMENT TO ANNUITIES PAYABLE 39,824. RENTAL EXPENSES 16,288. 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 A SUMMARY STATEMENT OF THE COLLEGE'S NONDISCRIMINATORY POLICY IS INCLUDED IN THE COLLEGE CATALOG, STUDENT HANDBOOK, REGISTRATION MATERIAL, AND ALL OTHER WRITTEN DOCUMENTATION WITH THE PUBLIC. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 GOVERNMENTAL AID RECEIVED IS IN THE FORM OF GRANTS FOR TUITION, FEES FOR ENROLLED STUDENTS, AND FUNDS FOR LOANS TO STUDENTS WHO MEET APPROVED GOVERNMENT PROGRAMS AND ELIGIBILITY REQUIREMENTS. THE COLLEGE IS ALSO A RECIPIENT FOR REIMBURSEMENT OF EXPENSES FROM THE U.S. HOUSING AND URBAN DEVELOPMENT FUND AND THE DEPARTMENT OF EDUCATION. JAMES BAKER EVENT 223384 194575 28809 2200 133486 GOLF OUTING 22871 9565 13306 157 1619 3443 103 246255 204140 42115 157 1619 5643 133589 141008 -98893 X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 J DAVID ARNOLD 198122 0 24581 0 24000 0 15589 0 21714 0 284006 0 0 0 MARC P PASTERIS 123440 0 0 0 0 0 8641 0 23184 0 155265 0 0 0 PHILLIP ACREE CAVALIER 121424 0 0 0 0 0 8500 0 23384 0 153308 0 0 0 PART I, LINE 1A EUREKA COLLEGE PROVIDED IT'S PRESIDENT, J. DAVID ARNOLD, WITH FUNDS FOR COMPANION TRAVEL AND PERSONAL USE OF HIS HOME. PRESIDENT ARNOLD'S HOUSING ALLOWANCE WAS TREATED AS TAXABLE COMPENSATION TO HIM. WAYNE BAUM TRUSTEE OF EUREKA COLLEGE AND PRESIDENT OF CORE CONSTRUCTION 7723481 CONSTRUCTION SERVICES 0 X 5259 SELLING PRICE X 1 8500 FAIR MARKET VALUE X 8 714275 FAIR MARKET VALUE X OTHER CONTRIBUTIONS 3 15348 COST 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FULL BOARD HAS DELEGATED THE DETAILED REVIEW TO THE EXECUTIVE COMMITTEE. ALL MEMBERS OF THE BOARD OF TRUSTEES RECEIVE A COPY OF THE RETURN AND HAVE AN OPPORTUNITY TO ASK QUESTIONS AND THE ADMINISTRATION WILL SATISFACTORILY RESPOND TO THE EXECUTIVE COMMITTEE BEFORE THE FORM IS FILED. FORM 990, PART VI, SECTION B, LINE 12C WHEN ITEMS ARE VOTED ON BY THE BOARD, A MEMBER WITH A CONFLICT OF INTEREST WOULD DISCLOSE PRIOR TO THE VOTE AND ABSTAIN FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE CHIEF OFFICERS OF THE COLLEGE ARE RECOMMENDED BY THE OFFICERS OF THE BOARD OF TRUSTEES AND APPROVED BY THE BOARD. OUTSIDE FINANCIAL AND COMPARABLE DATA IS CONSIDERED IN DETERMINING THE COMPENSATION PAID. FORM 990, PART VI, SECTION C, LINE 19 A COPY OF THE FINANCIAL REPORT IS MADE AVAILABLE UPON REQUEST. AVAILABILITY OF THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY IS DETERMINED ON A CASE BY CASE BASIS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -646,036. ACTUARIAL ADJUSTMENT TO ANNUITIES PAYABLE -39,824. LOSS ON INTEREST RATE SWAP CONTRACT -248,429. TOTAL TO FORM 990, PART XI, LINE 5: -934,289. OVERSIGHT OF AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT FORM 990, PAGE 12, PART XII, LINE 2C THE OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.