2013-05-08T12:40:06-05:00 2012-06-30 BKD LLP 200 E Main St Suite 700 Fort Wayne IN 46802 990 2011-07-01 340714687 UNIVERSITY OF MOUNT UNION % PATRICK D HEDDLESTON UNIV 3308236564 1972 CLARK AVE ALLIANCE OH 44601 PATRICK D HEDDLESTON 3308236564 2012-11-15 true Joyce A Dulworth 2604604000 2011 2016-03-07 17:11:31Z PATRICK D HEDDLESTON 1972 CLARK AVE ALLIANCE OH 44601 133427137 false X www.mountunion.edu X 1846 OH WITH 58 MAJORS AND 56 MINORS IN UNDERGRADUATE STUDIES TO CHOOSE FROM, UNIVERSITY OF MOUNT UNION OFFERS A WIDE ARRAY OF ACADEMIC COURSEWORK IN KEEPING WITH THE LIBERAL ARTS TRADITION. 33 31 2274 178 63568 3854 15973120 8070181 65621564 67291445 3252474 1399290 36579 31430 84883737 76792346 22197852 23061302 0 0 28723974 29647288 0 0 1385003 20949094 21518620 71870920 74227210 13012817 2565136 282615626 279576731 49992022 47904544 232623604 231672187 X The University affirms the institution's mission to prepare students for fulfilling lives, meaningful work and responsible citizenship. WITH 58 MAJORS AND 55 MINORS IN UNDERGRADUATE STUDIES TO CHOOSE FROM, UNIVERSITY OF MOUNT UNION OFFERS A WIDE ARRAY OF ACADEMIC COURSEWORK IN KEEPING WITH THE LIBERAL ARTS TRADITION. false false 54313325 23061302 54035553 THE LARGEST PROGRAM SERVICE IS UNDERGRADUATE EDUCATION. BACHELOR'S DEGREES IN ARTS, MUSIC, MUSIC EDUCATION AND SCIENCE ARE OFFERED. THERE ARE 58 MAJORS INCLUDING BUSINESS ADMINISTRATION, EDUCATION AND SPORTS BUSINESS. THE TOTAL UNDERGRADUATE ENROLLMENT FOR FALL 2011 WAS 2174 STUDENTS. 11893831 12915181 AUXILIARY SERVICES IS ONE OF THE LARGEST PROGRAM SERVICES WHICH INCLUDES HOUSING STUDENTS AND PROVIDING CONTRACTED FOOD SERVICES. MOUNT UNION ALSO OWNS AND OPERATES A BOOKSTORE WHICH PROVIDES BOOKS AND APPAREL FOR STUDENTS. 2102333 290410 Intercollegiate Athletics is a program service that is offered to our students. We have 23 different men's and women's teams available under the authority of the NCAA Division III. In the 2012 year, 810 students (37%) competed in at least one sport and the University has a steep tradition in the Ohio Athletic Conference, the third oldest athletic conference in the country. Many of our athletic teams are very competitive, both within the OAC and on a national stage. Program expenses within Intercollegiate Athletics represents compensation for coaches and team expenses, while revenue only encompasses ticket sales. As a Division III school, Mount Union offers no athletic scholarships, allowing our students to participate in intercollegiate athletics as an extension of their overall living and learning experience. 68309489 true true false false false false false false false true true false false true true false true false true false true false false false false true false false true true true false false false false false false true false true false true false false false false true false false false false true 157 0 true 2274 true true true false false false false false false false false X 33 31 false false false false false false false true true false false true true true true true true true true false AK AZ MA NH WA X PATRICK D HEDDLESTON 3308236572 1972 CLARK AVE ALLIANCE OH 44601 AARON SWARTZ 1.0 X DANIEL KELLER 1.0 X E KARL SCHNEIDER 1.0 X EDWARD KOLESAR 1.0 X FRED HAUPT 1.0 X GARY ADAMS 1.0 X GERARD MASTROIANNI 1.0 X GINGER BROWN 1.0 X JACQUELYNE BAILEY 1.0 X JAMES GRIFFITH 1.0 X JOHN PETERS 1.0 X KENNETH CHALKER 1.0 X LARRY SHINN 1.0 X LEE ANN THORN 1.0 X MARCUS SMITH 1.0 X MARTY ADAMS 1.0 X P ROGER CLAY 1.0 X RANDALL HUNT 1.0 X X ROBERT DEHOFF 1.0 X ROBERT MAHONEY 1.0 X SCOTT GINDLESBERGER 1.0 X STEVEN BARR 1.0 X SYLVESTER GREEN 1.0 X THOMAS PETZINGER 1.0 X VANITA OELSCHLAGER 1.0 X ALLEN GREEN 1.0 X X RICHARD DRAKE 1.0 X NANCY HILL 1.0 X SANDRA THOMAS 1.0 X WILLIAM KROCHTA 1.0 X JOEL SASSA 1.0 X NANCY ASHCOM 1.0 X BRIAN STAFFORD 1.0 X RICHARD GIESE 55.0 X 302223 0 129666 PATRICK HEDDLESTON 55.0 X 170503 0 53184 PATRICIA DRAVES 55.0 X 182304 0 28464 GREGORY KING 55.0 X 154230 0 19200 AMY TOMKO 55.0 X 143828 0 22217 JOHN FRAZIER 55.0 X 122754 0 21009 MELISSA GARDNER 55.0 X 75002 0 17734 LARRY KEHRES 55.0 X 159278 0 51162 HARRY PAIDAS 55.0 X 106504 0 14116 1416626 0 356752 9 false true true GREEN BROTHERS 74 E GRANT ST ALLIANCE OH 44601 PAINTING 115332 WESTLAKE REED LESKOSKY 925 EUCLID AVE 1900 CLEVELAND OH 44115 ARCHITECT 316879 2 231882 7838299 155144 8070181 STUDENT TUITION 611710 53821941 53821941 DORMITORIES 611710 6633022 6633022 FOOD SERVICE 611710 5140954 5140954 BOOK STORE SALES 451211 1100958 1050657 50301 FACILITY INCOME 611710 161301 161301 433269 420002 13267 67291445 2102858 2102858 13218 13218 15727 15727 55905683 56622469 -716786 -716786 -716786 0 28025 12322 15703 15703 0 0 76792346 67227877 63568 1430720 0 23061302 23061302 0 0 1478340 878127 411362 188851 0 21571673 19499075 1474508 598090 1817176 1426894 347623 42659 3177554 2381590 714117 81847 1602545 1303919 252092 46534 0 160298 34885 125413 92300 92300 0 0 0 2776798 2747481 29317 419281 380367 11975 26939 3291562 2860335 284110 147117 1529728 1427563 102165 0 3758163 3601678 156485 1167710 976962 84903 105845 0 467854 273977 119754 74123 1841372 1841372 0 4419247 4409783 9464 353000 353000 MISCELLANEOUS EXPENSES 1241307 851179 317130 72998 74227210 68309489 4532718 1385003 5164 2821 21177741 20278125 6652167 4164841 1795721 1462959 38397 0 0 0 3602593 3463485 250667 210320 0 0 192224775 61438585 130753665 130786190 84263749 86448693 12231165 11952876 0 0 0 0 21844597 20806421 282615626 279576731 5786795 6045741 0 0 3023415 3060192 30785000 25580000 0 0 0 0 0 0 6238277 9769775 4158535 3448836 49992022 47904544 X 88704536 91106285 78890121 74257837 65028947 66308065 232623604 231672187 282615626 279576731 X 2565136 -3516553 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false 125792859 803660 -1422805 1762194 3145867 120265653 107469127 4518193 18850653 1915256 3129858 125792859 101627046 945625 9900152 1504456 3499240 107469127 124279144 909778 -17043772 2111495 4406609 101627046 1.00000 false false 18850012 18850012 155444958 46758687 108686271 17450765 14679898 2770867 479040 479040 130786190 BONDS PAYABLE DISCOUNT 508534 OTHER ASSETS- DEPOSITS 154060 BENEFICIAL INTEREST IN TRUSTS 11840048 ANNUITY & LIFE INCOME FUNDS 8303779 20806421 0 DEPOSIT AND OTHER 925157 ANNUITY OBLIGATIONS 2221076 UNAMORTIZED PREMIUM 302603 3448836 76792346 74227210 2565136 -3759817 243264 -3516553 -951417 50226812 -3759818 255586 -3504232 53731044 23061302 23061302 76792346 51178230 12322 12322 51165908 23061302 23061302 74227210 PART V, LINE 4 DESCRIBE THE INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS ENDOWMENT FUNDS ARE HELD IN PERPETUITY FOR THE PURPOSES OF ANNUALLY PROVIDING A PERCENTAGE OF THEIR VALUE AS SCHOLARSHIPS, PROFESSORSHIPS, FACILITIES, PRIZES AND ACADEMIC PROGRAMS. FIN 48 FOOTNOTE 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. SCHEDULE D RECONCILIATION OF REVENUE AND EXPENSES Part XI, Line 8 Change in Value of Split-Interest Agreements 329,407 Change in Value of Interest Rate Swap (86,143) Part XII, Line 2D Change in Value of Split-Interest Agreements 329,407 Change in Value of Interest Rate Swap (86,143) Gaming Expense 12,322 Part XII, Line 4B Financial Aid 23,061,302 Part XIII, Line 2D Gaming Expense 12,322 Part XIII, Line 4B Financial Aid 23,061,302 true true true true true true true false false false false false false false false true false true SCHEDULE E LINE 3 THE POLICY REQUIREMENT IS MET BY INCLUDING A STATEMENT IN ALL BROCHURES AND CATALOGUES DEALING WITH STUDENT PROGRAMS AND SCHOLARSHIPS. A NONDISCRIMINATORY STATEMENT IS ALSO AVAILABLE ON THE WEBSITE. SCHEDULE E LINE 6A THE UNIVERSITY OF MOUNT UNION RECEIVES FEDERAL PELL GRANTS, TEACH GRANTS, SEOG, CWSP, AND FEDERAL PERKINS LOANS FROM THE DEPARTMENT OF EDUCATION. Central America and the Caribbean Program Services EDUCATIONAL EXPERIENCE 2386 East Asia and the Pacific Program Services EDUCATIONAL EXPERIENCE 33347 Europe (Including Iceland and Greenland) Program Services EDUCATIONAL EXPERIENCE 8805 South America Program Services EDUCATIONAL EXPERIENCE 24495 Central America and the Caribbean Investments 6074094 North America Program Services EDUCATIONAL EXPERIENCE 16302 Middle East and North Africa Program Services EDUCATIONAL EXPERIENCE 2268 Russia and the Newly Independent States Program Services EDUCATIONAL EXPERIENCE 7788 6169485 6169485 true false true true true false 28025 4500 6803 1019 true 1.00000 28025 4500 6803 1019 12322 15703 OH false This was a reverse raffle / silent auction event. Per legal recommendation, state license was not required. false false false 1.00000 ANNE GRAFFICE 1972 CLARK AVE ALLIANCE OH 44601 false false true SCHOLARSHIPS & FINANCIAL AID 2222 23061302 Procedures For Monitoring The Use Of Grant Funds To U.S. AFTER A STUDENT HAS BEEN ACCEPTED TO THE UNIVERSITY OF MOUNT UNION, THEY MUST FILE A FAFSA. MOUNT UNION CONSIDERS ACADEMIC SCHOLARSHIPS, OUTSIDE SCHOLARSHIPS, FEDERAL GRANTS AND STATE ELIGIBILITY IN THAT RESPECTIVE ORDER. IF THE STUDENT NEEDS FURTHER ASSISTANCE, THE UNIVERSITY OFFERS FEDERAL LOANS, UNIVERSITY GRANTS AND EMPLOYMENT OPPORTUNITIES. FINANCIAL AID BASED ON NEED IS AWARDED ON FAFSA CALCULATIONS AND THE RESULTING FINANCIAL AID THAT IS TO BE MET. ACADEMIC SCHOLARSHIPS ARE AWARDED BASED ON HIGH SCHOOL GPA, CLASS RANK AND STANDARD TEST SCORES. NEED-BASED GRANTS CAN BE ALLOCATED TO RETURNING STUDENTS BASED ON PREVIOUS YEARS AS LONG AS FINANCIAL NEED IS STILL PRESENT. ACADEMIC SCHOLARSHIPS CONTINUE BASED ON THE STUDENT'S CUMULATIVE GPA AT THE END OF THE YEAR. X X X true true X X X X X X false true false false false false false false false RICHARD GIESE 289848 0 0 0 12375 0 91000 0 38666 0 431889 0 0 0 LARRY KEHRES 146633 0 10500 0 2145 0 40928 0 10234 0 210440 0 0 0 PATRICK HEDDLESTON 169483 0 0 0 1020 0 17050 0 36134 0 223687 0 0 0 PATRICIA DRAVES 181284 0 0 0 1020 0 18230 0 10234 0 210768 0 0 0 GREGORY KING 144297 0 0 0 9933 0 15423 0 3777 0 173430 0 0 0 AMY TOMKO 142808 0 0 0 1020 0 14383 0 7834 0 166045 0 0 0 COMPENSATION INFORMATION PART 1 QUESTION 1A THE PRESIDENT AND THE VP OF ADVANCEMENT HAVE COUNTRY CLUB DUES PAID BY THE COLLEGE FOR BUSINESS ENTERTAINMENT PURPOSES IN COLUMN Biii. THE DUES ARE TAXABLE FOR PERSONAL USE. USAGE IS DOCUMENTED TO DETERMINE THE PERSONAL VERSUS BUSINESS USE. THE PRESIDENT IS REIMBURSED FOR HIS WIFE'S TRAVEL FOR BUSINESS PURPOSES ONLY IN COLUMN Biii. HOUSING FOR THE PRESIDENT IS PROVIDED BY THE COLLEGE AND REQUIRED BY CONTRACT. THE RESIDENCE IS CONTIGUOUS TO THE CAMPUS, THE PRESIDENT IS REQUIRED TO LIVE THERE AND IS REQUIRED TO CONDUCT COLLEGE-RELATED BUSINESS PER HIS CONTRACT. DUE TO CODE SECTION 117 EXCLUSION, THIS AMOUNT IS NOT INCLUDED IN TAXABLE INCOME. PART 1 QUESTION 4 THE PRESIDENT HAS A 457(F) DEFERRED COMPENSATION PLAN. $50,000 WAS ACCRUED (COLUMN C) TO THE PLAN FOR FISCAL YEAR ENDED 6/30/12. MR. KEHRES HAS A DEFERRED COMPENSATION PLAN. OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756BSH4 2006-07-26 16408159 STUDENT RESIDENCE - NEW FACILITIES false false false OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756A2G6 2010-07-26 11204308 STUDENT RESIDENCE - NEW AND RENOVA false false false 0 0 17207488 0 1344722 0 236713 0 0 15626053 0 0 2008 false false true true 0 0 11216473 825252 0 0 216900 0 0 9668417 0 505925 2011 false false false true false false false false 0.00000 0.00000 0.00000 true false false false false 0 true true false false 0 false 0 false false false false false 0 false 0 false false PART II 0 Part II line 3 columns A and B differs from Part I lines A and B column E 0 TRUSTEES FAMILY MEMBERS OF TRUSTEES 45945 SCHOLARSHIPS KEN CHALKER GRACE CHALKER - SPOUSE 71427 PAID EMPLOYEE OF UNIVERSITY false AARON SWARTZ LEIGH ANN SWARTZ - SPOUSE 47618 PAID EMPLOYEE OF UNIVERSITY false X 45 506178 SELLING PRICE false true true SCHEDULE M QUESTION 32B THE UNIVERSITY USES STIFEL NICOLAUS TO LIQUIDATE GIFTS OF STOCK. FORM 990, PART VI, QUESTION 1B KEN CHALKER AND AARON SWARTZ EACH HAVE A FAMILY MEMBER THAT IS A PAID EMPLOYEE OF THE UNIVERSITY. FORM 990, PART VI, QUESTION 11B REVIEW IS CONDUCTED BY FINANCE, COMPENSATION AND AUDIT COMMITTEES OF THE BOARD OF TRUSTEES DURING A MEETING BEFORE THE 990 IS FILED. AFTER THIS REVIEW, A COPY OF THE FORM IS PROVIDED FOR VIEWING TO ALL BOARD MEMBERS AND THEN SUBMITTED TO THE IRS. AND THEN SUBMITTED TO THE IRS. PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY FORM 990, PART VI, QUESTION 12C COMPLIANCE WITH UNIVERSITY POLICY ON CONFLICT OF INTEREST IS CONDUCTED BY THE AUDIT COMMITTEE AND THE COMMITTEE ON TRUSTEES. EVERY TRUSTEE IS REQUIRED TO FILL OUT A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. TRUSTEES ARE REQUIRED TO DISCLOSE ACTUAL OR POTENTIAL CONFLICT OF INTEREST IN ANY TRANSACTION FOR THE UNIVERSITY THAT INVOLVES THEMSELVES OR MEMBERS OF THEIR IMMEDIATE FAMILIES. A SUMMARY OF ALL THE ANSWERS FROM THE QUESTIONNAIRE IS SENT TO MEMBERS OF THE COMMITTEE ON TRUSTEES AND THE AUDIT COMMITTEE FOR REVIEW AND ANY RELATIONSHIPS ARE ASSESSED TO ENSURE THEY ARE IN COMPLIANCE WITH THE POLICY. POTENTIAL MATTERS UNDER THE POLICY ARE ESCALATED AND REVIEWED BY THE CHAIR OF THE COMMITTEE AND THE PRESIDENT, AS WELL AS LEGAL COUNSEL IF NECESSARY. TRUSTEES WITH ANY DISCLOSED CONFLICT MUST REFRAIN FROM USING PERSONAL INFLUENCE IN THE MATTER AND WILL RECUSE THEMSELVES FROM ANY DISCUSSIONS AND/OR VOTING ON THE MATTER. THE BOARD OF TRUSTEES, AFTER EXERCISING ITS BUSINESS JUDGMENT AND DISCRETION, WILL MAKE A DETERMINATION IF THE TRANSACTION IS REASONABLE, FAIR AND CONSISTENT WITH UNIVERSITY PRACTICES. REVIEW OF CEO OR TOP MGMT OFFICIAL COMPENSATION FORM 990, PART VI, QUESTION 15A & 15B THE BOARD HAS ESTABLISHED A COMPENSATION COMMITTEE THAT WORKED WITH A COMPENSATION REVIEW OF OTHER OHIO ATHLETIC CONFERENCE (OAC) SCHOOLS AS WELL AS A LIST OF 22 COMPETITOR INSTITUTIONS, TO EVALUATE THE SALARY OF THE PRESIDENT AND VICE PRESIDENTS. THE LAST FULL REVIEW WE HAD WITH AN OUTSIDE CONSULTANT WAS IN 2009 WITH SIBSON CONSULTING. THE RESULTS WERE REVIEWED BY THE COMPENSATION COMMITTEE, APPROVED BY THE EXECUTIVE COMMITTEE AND DISCLOSED TO THE FULL BOARD OF TRUSTEES. EXPLAIN HOW GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC FORM 990, PART VI, QUESTION 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. NET ASSETS RECONCILIATION PART XI, LINE 5 UNREALIZED LOSS (3,759,817) CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 329,407 CHANGE IN VALUE OF INTEREST RATE SWAP (86,143) TOTAL (3,516,553) CHARITABLE REMAINDER TRUSTS (22) 1972 CLARK AVE ALLIANCE OH 44601 CHARITABLE TRUST OH TRUST true