MIDLAND UNIVERSITY: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- MIDLAND UNIVERSITY (EIN 47-0376551)
- Tax period
- 2011-06-01 to 2012-05-31
- Filed
- 2013-03-07
- IRS object ID
- 201340669349300509
- Schema version
- 2011v1.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-03-07T11:48:41-06:00 | Timestamp |
| Tax Period End Date | 2012-05-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 390859910 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER TILLY VIRCHOW KRAUSE LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 S 6TH ST STE 2300 | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55402 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-06-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 470376551 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MIDLAND UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MIDL | NameControl |
| Phone | 4027215480 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 900 NORTH CLARKSON STREET | AddressLine1 |
| City | FREMONT | City |
| State | NE | State |
| ZIP Code | 68025 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JODI BENJAMIN | Name |
| Title | VP OF FINANCE AND ADMINISTRATION | Title |
| Phone | 4029416142 | Phone |
| Date Signed | 2013-02-20 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LAWRENCE H MOHR CPA | Name |
| PTIN | P00447603 | PTIN |
| Phone | 6128764500 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JODI BENJAMIN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 900 NORTH CLARKSON STREET | AddressLine1 |
| City | FREMONT | City |
| State | NE | State |
| ZIP Code | 68025 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 40987769 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.MIDLANDU.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1883 | YearFormation |
| State Legal Domicile | NE | StateLegalDomicile |
| Activity Or Mission Description | MIDLAND UNIVERSITY INSPIRES PEOPLE TO LEARN AND LEAD IN THE WORLD WITH PURPOSE. WE ARE A LIBERAL ARTS COLLEGE OF THE EVANGELICAL LUTHERAN CHURCH IN AMERICA. THE COLLEGE HOLDS THE FOLLOWING CORE VALUES TO BE THE FOUNDATION OF OUR IDENTITY AS A COMMUNITY: FAITH, LEARNING, QUALITY, RESPECT, AND STEWARDSHIP. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 11 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 10 | NbrIndependentVotingMembers |
| Total Nbr Employees | 670 | TotalNbrEmployees |
| Total Nbr Volunteers | 100 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2522875 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 8785946 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 26185356 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 26766649 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 555589 | InvestmentIncomePriorYear |
| Investment Income Current Year | 250651 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -7022 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1742463 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 29256798 | TotalRevenuePriorYear |
| Total Revenue Current Year | 37545709 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 13821737 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 12590593 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 9336941 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 9843356 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 333887 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 9361966 | OtherExpensePriorYear |
| Other Expenses Current Year | 8817140 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 32520644 | TotalExpensesPriorYear |
| Total Expenses Current Year | 31251089 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -3263846 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 6294620 | RevenuesLessExpensesCY |
| Total Assets BOY | 48531149 | TotalAssetsBOY |
| Total Assets EOY | 52014790 | TotalAssetsEOY |
| Total Liabilities BOY | 27997565 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 25249537 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 20533584 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 26765253 | NetAssetsOrFundBalancesEOY |
| Mission Description | MIDLAND UNIVERSITY INSPIRES PEOPLE TO LEARN AND LEAD IN THE WORLD WITH PURPOSE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 17467946 | Expense |
| Grants | 12590593 | Grants |
| Revenue | 23102251 | Revenue |
| Description | INSTRUCTION MIDLAND UNIVERSITY OFFERS MULTIPLE DEGREES INCLUDING BACHELORS DEGREES IN BUSINESS, EDUCATION AND NURSING, AS WELL AS A MASTERS IN ACCOUNTING AND EDUCATION. THE 2011-2012 ENROLLMENT WAS 26 NON TRADITIONAL UNDERGRADUATE STUDENTS, 920 TRADITIONAL STUDENTS IN THE FALL, 28 NON-TRADITIONAL AND 865 TRADITIONAL STUDENTS IN THE SPRING, AND 31 GRADUATE STUDENTS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 5511431 | Expense |
| Revenue | 498903 | Revenue |
| Description | ACADEMIC SUPPORT ACADEMIC SUPPORT INCLUDES THE LIBRARY, ADMISSIONS, FINANCIAL AID, INFORMATION TECHNOLOGY AND THOSE FUNCTIONS THAT DIRECTLY SUPPORT INSTRUCTION. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3363420 | Expense |
| Revenue | 3165495 | Revenue |
| Description | AUXILIARY ENTERPRISESAUXILIARY ENTERPRISES AT MIDLAND UNIVERSITY ARE COMPRISED OF 7 RESIDENCE HALLS OR ON-CAMPUS APARTMENTS, A DINING FACILITY, AND A BOOKSTORE FOR FACULTY, STAFF AND STUDENTS. 599 STUDENTS RESIDED IN STUDENT HOUSING DURING FALL 2011 AND 557 STUDENTS DURING SPRING 2012. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 26342797 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 68 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 670 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 11 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 10 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JODI BENJAMIN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4029416102 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 900 NORTH CLARKSON STREET | AddressLine1 |
| City | FREMONT | City |
| State | NE | State |
| ZIP Code | 68025 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (16 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| BEN SASSE | ||||||
| PRESIDENT | 40.00 | X | X | 208680 | 0 | 20168 |
| MILO ANDERSON | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| PATRICK BOOTH | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DAVID DEFREESE | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MELODY DENSON | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ROGER LAMBORN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DEREK LEWIS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| GARY PERKINS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| STEVE PRIBNOW | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| GRETCHEN RITOLA | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| RICK SPALDING | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JODI BENJAMIN | ||||||
| VP - FINANCE AND ADMINISTR | 40.00 | X | 124612 | 0 | 17041 | |
| HENRY SMORYNSKI | ||||||
| ACADEMIC DEAN | 40.00 | X | 128738 | 0 | 10185 | |
| GREG FRITZ | ||||||
| VICE PRESIDENT OF STUDENT | 40.00 | X | 86737 | 0 | 17832 | |
| STEVEN BULLOCK | ||||||
| VP ACADEMIC AFFAIRS | 40.00 | X | 134347 | 0 | 14377 | |
| ELIZA FERZELY | ||||||
| VP ADMISSIONS AND ENROLLMENT | 40.00 | X | 95977 | 0 | 5514 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 779091 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 85117 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SODEXHO | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 731 21ST AVENUE SOUTH | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55454 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | FOOD AND CUSTODIAL SERVICES | DescriptionOfServices |
| Compensation | 1753172 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| Fundraising Events | 9690 | FundraisingEvents |
| Government Grants | 496816 | GovernmentGrants |
| All Other Contributions | 8279440 | AllOtherContributions |
| Noncash Contributions | 23801 | NoncashContributions |
| Total Contributions | 8785946 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 611710 | 23102251 | 23102251 |
| AUXILIARY ENTERPRISES | 611710 | 3165495 | 3165495 |
| CONFERENCES | 611710 | 136624 | 136624 |
| OTHER REVENUES | 611710 | 133461 | 133461 |
| SUMMER FINE ARTS | 611710 | 113688 | 113688 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 115130 | TotalRevenueColumn |
| Related Or Exempt Function Income | 115130 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 26766649 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 91310 | TotalRevenueColumn |
| Exclusion | $91,310 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 5220 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 5662 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -442 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -442 | TotalRevenueColumn |
| Exclusion | -$442 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3582054 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3422713 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 159341 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 159341 | TotalRevenueColumn |
| Exclusion | $159,341 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 13500 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 9690 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 13685 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -185 | TotalRevenueColumn |
| Exclusion | -$185 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | LOAN FORGIVENESS INCOM | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 1743090 | TotalRevenueColumn |
| Exclusion | $1,743,090 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1743090 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 37545709 | TotalRevenueColumn |
| Related Or Exempt Function Income | 26766649 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,993,114 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12590593 | Total |
| Program Services | 12590593 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 777385 | Total |
| Program Services | 572489 | ProgramServices |
| Management And General | 190427 | ManagementAndGeneral |
| Fundraising | 14469 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6955602 | Total |
| Program Services | 5122305 | ProgramServices |
| Management And General | 1703836 | ManagementAndGeneral |
| Fundraising | 129461 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 129414 | Total |
| Program Services | 95304 | ProgramServices |
| Management And General | 31701 | ManagementAndGeneral |
| Fundraising | 2409 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1484704 | Total |
| Program Services | 1093379 | ProgramServices |
| Management And General | 363691 | ManagementAndGeneral |
| Fundraising | 27634 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 496251 | Total |
| Program Services | 365454 | ProgramServices |
| Management And General | 121561 | ManagementAndGeneral |
| Fundraising | 9236 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 51727 | Total |
| Program Services | 38093 | ProgramServices |
| Management And General | 12671 | ManagementAndGeneral |
| Fundraising | 963 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 58214 | Total |
| Program Services | 42870 | ProgramServices |
| Management And General | 14260 | ManagementAndGeneral |
| Fundraising | 1084 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21657 | Total |
| Program Services | 15949 | ProgramServices |
| Management And General | 5305 | ManagementAndGeneral |
| Fundraising | 403 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 270582 | Total |
| Program Services | 199265 | ProgramServices |
| Management And General | 66281 | ManagementAndGeneral |
| Fundraising | 5036 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 262827 | Total |
| Program Services | 193553 | ProgramServices |
| Management And General | 64382 | ManagementAndGeneral |
| Fundraising | 4892 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 529618 | Total |
| Program Services | 393180 | ProgramServices |
| Management And General | 130785 | ManagementAndGeneral |
| Fundraising | 5653 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 354611 | Total |
| Program Services | 261146 | ProgramServices |
| Management And General | 86865 | ManagementAndGeneral |
| Fundraising | 6600 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1023374 | Total |
| Program Services | 757956 | ProgramServices |
| Management And General | 252119 | ManagementAndGeneral |
| Fundraising | 13299 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 123265 | Total |
| Program Services | 90776 | ProgramServices |
| Management And General | 30195 | ManagementAndGeneral |
| Fundraising | 2294 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1128793 | Total |
| Program Services | 831275 | ProgramServices |
| Management And General | 276508 | ManagementAndGeneral |
| Fundraising | 21010 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1214140 | Total |
| Program Services | 894128 | ProgramServices |
| Management And General | 297414 | ManagementAndGeneral |
| Fundraising | 22598 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 277119 | Total |
| Program Services | 204078 | ProgramServices |
| Management And General | 67883 | ManagementAndGeneral |
| Fundraising | 5158 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| FOOD SERVICE | 1021894 | 755161 | 251190 | 15543 |
| ATHLETICS | 809046 | 595805 | 198183 | 15058 |
| BUILDING GROUNDS MAINTE | 706160 | 520037 | 172980 | 13143 |
| INSTRUCTION | 372617 | 274406 | 91276 | 6935 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 591496 | Total |
| Program Services | 435595 | ProgramServices |
| Management And General | 144892 | ManagementAndGeneral |
| Fundraising | 11009 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31251089 | Total |
| Program Services | 26342797 | ProgramServices |
| Management And General | 4574405 | ManagementAndGeneral |
| Fundraising | 333887 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 646467 | BOY |
| EOY | 4350620 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 312709 | BOY |
| EOY | 4335605 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 328200 | BOY |
| EOY | 280284 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3678958 | BOY |
| EOY | 3872014 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17051 | BOY |
| EOY | 17716 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 43983125 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 17344256 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27383366 | BOY |
| EOY | 26638869 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11187467 | BOY |
| EOY | 6332591 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 464466 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4512465 | BOY |
| EOY | 6187091 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48531149 | BOY |
| EOY | 52014790 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1986575 | BOY |
| EOY | 1991875 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2564384 | BOY |
| EOY | 2499059 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 498944 | BOY |
| EOY | 394271 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18040000 | BOY |
| EOY | 17515000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4294034 | BOY |
| EOY | 1814210 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 362972 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 613628 | BOY |
| EOY | 672150 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27997565 | BOY |
| EOY | 25249537 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4163988 | BOY |
| EOY | 8824294 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2450623 | BOY |
| EOY | 2465134 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13918973 | BOY |
| EOY | 15475825 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20533584 | BOY |
| EOY | 26765253 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48531149 | BOY |
| EOY | 52014790 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 6294620 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -62951 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 1 | GrantsOtherOrganizations |
| Grants Other Organizations | $3,052 | GrantsOtherOrganizationsAmount |
| Direct Contact Legislators | 0 | DirectContactLegislators |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 0 | OtherActivities |
| Total Lobbying Expenditures IIB | 3052 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF LOBBYING ACTIVITIES: | Identifier |
| Return Reference | PART II-B, LINE 1: | ReturnReference |
| Explanation | THE UNIVERSITY IS A MEMBER OF THE ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES OF NEBRASKA (AICUN) AND NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES (NAICU). A PORTION OF THE MEMBER DUES PAID BY THE UNIVERSITY TO THESE ASSOCIATIONS WERE CONSIDERED USED FOR LOBBYING PURPOSES. | Explanation |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 14550680 | BeginningOfYearBalance |
| Contributions | 169770 | Contributions |
| Investment Earnings Or Losses | -110278 | InvestmentEarningsOrLosses |
| Other Expenditures | -47979 | OtherExpenditures |
| End Of Year Balance | 14658151 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 12300319 | BeginningOfYearBalance |
| Contributions | 237746 | Contributions |
| Investment Earnings Or Losses | 1850034 | InvestmentEarningsOrLosses |
| Other Expenditures | -162581 | OtherExpenditures |
| End Of Year Balance | 14550680 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 12726196 | BeginningOfYearBalance |
| Contributions | 449736 | Contributions |
| Investment Earnings Or Losses | 2120696 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 772119 | GrantsOrScholarships |
| Other Expenditures | 2224190 | OtherExpenditures |
| End Of Year Balance | 12300319 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 16441968 | BeginningOfYearBalance |
| Contributions | 1022445 | Contributions |
| Investment Earnings Or Losses | -3680853 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1057364 | GrantsOrScholarships |
| End Of Year Balance | 12726196 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.04000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.85000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.11000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3087177 | OtherCostOrOtherBasis |
| Book Value | 3087177 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 136613 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 35208033 | OtherCostOrOtherBasis |
| Depreciation | 12563850 | Depreciation |
| Book Value | 22780796 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5551302 | OtherCostOrOtherBasis |
| Depreciation | 4780406 | Depreciation |
| Book Value | 770896 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 26638869 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (5 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| CASH SURRENDER VALUE OF LIFE INSURANCE POLICIES | 475823 |
| DEFERRED DEBT ACQUISITION COSTS | 332578 |
| BENEFICIAL INTEREST IN TRUST | 3479342 |
| DEPOSITS HELD BY TRUSTEES | 1802448 |
| ACCRUED INTEREST AND MISCELLANEOUS | 96900 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 6187091 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ANNUITIES PAYABLE | $232,223 |
| ASSET RETIREMENT OBLIGATION | $385,900 |
| CAPITAL LEASE OBLIGATIONS | $54,027 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 672150 | TotalOfAmounts |
| Total Revenue | 37545709 | TotalRevenue |
| Total Expenses | 31251089 | TotalExpenses |
| Excess Or Deficit For Year | 6294620 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -252030 | NetUnrealizedGLOnInvestments |
| Other | $189,079 | OtherAmount |
| Total Adjustments | -62951 | TotalAdjustments |
| Excess Or Deficit Per FS | 6231669 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 24906738 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -252030 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 14933 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 208426 | OtherRevenues |
| Revenue Not Rptd F990 | -28671 | RevenueNotRptdF990 |
| Revenue Subtotal | 24935409 | RevenueSubtotal |
| Investment Expenses Not Included | 19707 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 12590593 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 12610300 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 37545709 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 18675069 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 14933 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 19347 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 34280 | ExpensesNotRptdF990 |
| Expenses Subtotal | 18640789 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 19707 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 12590593 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 12610300 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 31251089 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | MIDLAND UNIVERSITY'S ENDOWMENT FUND IS USED TO SUPPORT STUDENTS WITH SCHOLARSHIP FUNDS AND VARIOUS OTHER INSTRUCTIONAL PROGRAMS. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE UNIVERSITY 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 UNIVERSITY FOR UNCERTAIN TAX POSITIONS AS OF MAY 31, 2012 AND 2011. THE UNIVERSITY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE TAX RETURNS FOR 2009 AND THEREAFTER ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | CHANGE IN BENEFICIAL INTEREST IN TRUSTS 312,996. ACTUARIAL ADJUSTMENT ON ANNUITIES PAYABLE -41,640. LOSS ON CONTRIBUTIONS & OTHER RECEIVABLES -82,277. TOTAL TO SCHEDULE D, PART XI, LINE 8: 189,079. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN BENEFICIAL INTEREST IN TRUSTS 312,996. DIRECT RENTAL EXPENSES 5,662. DIRECT FUNDRAISING EXPENSES 13,685. ACTUARIAL ADJUSTMENT ON ANNUITIES PAYABLE -41,640. LOSS ON CONTRIBUTIONS & OTHER RECEIVABLES -82,277. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | GRANTS & SCHOLARSHIPS 12,590,593. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | DIRECT RENTAL EXPENSES 5,662. DIRECT FUNDRAISING EXPENSES 13,685. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | GRANTS & SCHOLARSHIPS 12,590,593. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | THE COLLEGE'S NONDISCRIMINATORY POLICY IS INCLUDED IN THE STUDENT HANDBOOK, THE ACADEMIC CATALOG AND ON THE COLLEGE'S WEBSITE; ALL OF WHICH ARE AVAILABLE TO THE COLLEGE COMMUNITY. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | THE COLLEGE RECEIVES SUPPORT FROM THE STATE AND FROM THE UNITED STATES GOVERNMENT IN CONNECTION WITH STUDENT AID PROGRAMS SUCH AS FEDERAL WORK-STUDY PROGRAMS, PELL GRANTS, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS AND PERKINS LOAN FUNDS. THE COLLEGE ALSO RECEIVES VARIOUS OTHER FEDERAL AND STATE EDUCATIONAL AND RESEARCH GRANTS OR SUBSIDIES. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | MLC GOLF CLASSIC | NameOfEvent1 |
| Gross Receipts Event1 | 23190 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 9690 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 13500 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 3959 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 5858 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 3543 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 325 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 23190 | GrossReceiptsTotal |
| Charitable Contributions Total | 9690 | CharitableContributionsTotal |
| Gross Revenue Total Events | 13500 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 3959 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 5858 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 3543 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 325 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 13685 | DirectExpenseSummaryEvents |
| Net Income Summary | -185 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS AND GRANTS PROVIDED AS FINANCIAL AID TO STUDENTS- SEE COLLEGE FOR DETAILED LIST | TypeOfGrant |
| Number Of Recipients | 1082 | NumberOfRecipients |
| Amount Of Cash Grant | 12590593 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: MIDLAND UNIVERSITY 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. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 0 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 0 | SubstantiationRequired |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | BEN SASSE | NamePerson |
| Base Compensation Filing Org | 208403 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 277 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 20168 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 228848 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| PART I, LINE 1A | HEALTH CLUB BENEFITS ARE PROVIDED TO ALL EMPLOYEES. |
| PART I, LINE 1B | MIDLAND UNIVERSITY DOESN'T HAVE A REIMBURSEMENT POLICY REGARDING THE HEALTH CLUB BENEFIT DUE TO THE FACT THAT THIS ISN'T A REIMBURSABLE EXPENSE, BUT RATHER AN EMPLOYEE BENEFIT PROVIDED TO ALL OF OUR EMPLOYEES. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| NEBRASKA EDUCATIONAL FINANCE AUTHORITY | |||||||
| 521293953 | 63966PKC7 | 2003-05-07 | 6297928 | CAPITAL IMPROVEMENTS | 0 | 0 | 0 |
| NEBRASKA EDUCATIONAL FINANCE AUTHORITY | |||||||
| 521293953 | 63966PNK6 | 2004-12-16 | 10337393 | CAPITAL IMPROVEMENTS | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Amount RetiredAmountRetired | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Capitalized InterestCapitalizedInterest | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|---|
| 35000 | 6353457 | 630157 | 24908 | 125812 | 5572580 | 2004 | 0 | 0 | 1 | 1 |
| 1275000 | 10727519 | 797640 | 46175 | 195270 | 9688434 | 2006 | 0 | 0 | 1 | 1 |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 1 |
| 0 | 0 | 0 | 0 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Term Of GICTermOfGIC | Regulatory Safe Harbor SatisfiedRegulatorySafeHarborSatisfied | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|---|---|
| MBIA INC | |||||||
| 0 | 0 | 0 | 1 | 26.400000000000 | 1 | 0 | 1 |
| SEE PART V | |||||||
| 0 | 0 | 0 | 1 | 1 | 1 | 0 | |
Form990 Schedule K Part VI Form990ScheduleKPartVI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | PART II, LINE 3 - THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN (E) DUE TO THE INVESTMENT EARNINGS. PART IV, COLUMN B, LINE 4B - CONSTRUCTION FUND - MORGAN STANLEY FLEXIBLE AGREEMENTS INC.; RESERVE FUND - MORGAN STANLEY FLEXIBLE AGREEMENTS, INC. PART IV, COLUMN B, LINE 4C - CONSTRUCTION FUND - 2.0 YEARS; RESERVE FUND - 24.8 YEARS. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| FIRST STATE BANK | |||
| FORMER TRUSTEES ARE OFFICERS OF THE BANK | 188910 | DURING 2009, MIDLAND UNIVERSITY (FORMERLY KNOWN AS MIDLAND LUTHERAN COLLEGE) REFINANCED A NOTE PAYABLE THROUGH FIRST STATE BANK AND TRUST. RON KRANZ, FORMER TRUSTEE AT MIDLAND UNIVERSITY WAS THE PRESIDENT AT FIRST STATE BANK AND TRUST. DOUG HEIM, FORMER TRUSTEE AT MIDLAND UNIVERSITY, WAS THE PRESIDENT AT AMERICAN NATIONAL BANK, WHO PARTNERED WITH FIRST STATE BANK AND TRUST. THE OUTSTANDING BALANCE OF THE NOTE PAYABLE IS $1,814,210 AS OF JUNE 30, 2012. MIDLAND UNIVERSITY PAID FIRST STATE BANK AND TRUST $188,910 IN INTEREST RELATED TO THIS NOTE. THE TRANSACTION WAS CONSUMMATED IN AN ARM'S LENGTH TRANSACTION AND OCCURRED IN THE ORDINARY COURSE OF BUSINESS. | 0 |
| FIRST STATE BANK | |||
| FORMER TRUSTEES ARE OFFICERS OF THE BANK | 1743090 | RON KRANZ, A FORMER TRUSTEE OF MINDALND UNIVERSITY, WAS THE PRESIDENT OF FIRST STATE BANK. DOUGH HEIM, A FORMER TRUSTEE OF MIDLAND UNIVERSITY, WAS THE PRESIDENT OF AMERICAN NATIONAL BANK, WHO PARTNERED WITH FIRST STATE BANK. FIRST STATE BANK FORGAVE A PORTION OF THE OUTSTANDING LOAN PAYABLE. | 0 |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 6845 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | DONOR ESTIMATE | MethodOfDeterminingRevenues |
Cars And Other Vehicles CarsAndOtherVehicles
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 14250 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 2706 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: | Identifier |
| Return Reference | PART I, COLUMN (B): | ReturnReference |
| Explanation | THE NUMBERS IN PART I, COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 WAS PROVIDED TO AND REVIEWED BY THE BOARD OF DIRECTORS BEFORE FILING WITH THE IRS. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD OF TRUSTEES IS ASKED TO SIGN A CONFLICT OF INTEREST STATEMENT ON AN ANNUAL BASIS. | |
| FORM 990, PART VI, SECTION B, LINE 15 | BOARD APPROVES THE PRESIDENTIAL COMPENSATION, EMPLOYMENT CONTRACTS AND ALL ANNUAL SALARY INCREASES. THE PRESIDENT AND VP OF FINANCE & ADMIN. APPROVES THE SALARIES OF ALL OTHER OTHER EMPLOYEES. THE BOARD IS INFORMED OF MANAGEMENT'S SALARY WHEN THERE IS A NEW HIRE. | |
| FORM 990, PART VI, SECTION C, LINE 19 | AVAILABLE UPON REQUEST IF DEEMED REASONABLE BY THE INSTITUTION. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -252,030. CHANGE IN BENEFICIAL INTEREST IN TRUSTS 312,996. ACTUARIAL ADJUSTMENT ON ANNUITIES PAYABLE -41,640. LOSS ON CONTRIBUTIONS & OTHER RECEIVABLES -82,277. TOTAL TO FORM 990, PART XI, LINE 5: -62,951. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XII, LINE 2C | THE OVERSIGHT AND SELECTION PROCESS FOR THE AUDIT OF THE FINANCIAL STATEMENTS DID NOT CHANGE FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COUNTY OF DODGE HEAD START | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 900 N CLARKSON ST | AddressLine1 |
| City | FREMONT | City |
| State | NE | State |
| ZIP Code | 68025 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 470493797 | EIN |
| Primary Activities | EDUCATION TO PRESCHOOL CHILDREN | PrimaryActivities |
| Legal Domicile State | NE | LegalDomicileState |
| Exempt Code Section | 501C(3) | ExemptCodeSection |
| Public Charity Status | LINE 7 | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | 0 | ControlledOrg |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARITABLE REMAINDER UNITRUSTS (2) | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activity | CHARITABLE TRUSTS | PrimaryActivity |
| Legal Domicile State | NE | LegalDomicileState |
| Type Of Entity | T | TypeOfEntity |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COUNTY OF DODGE HEAD START | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | P | TransactionType |
| Amount Involved | 12500 | AmountInvolved |
| Method Of Amt Determination | BOOK COST/EXPENSE | MethodOfAmtDetermination |
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