2012-05-15T09:25:26-04:00 2011-06-30 MALONEY NOVOTNY LLC 1111 SUPERIOR AVENUE SUITE 700 CLEVELAND OH 44114 990 2010-07-01 340714363 OBERLIN COLLEGE OBER 4407755350 173 WEST LORAIN ST CONTROLLERS OF OBERLIN OH 44074 RONALD R WATTS 2012-05-14 CHRISTOPHER B ANDERSON 2163630100 2010 2016-02-24 21:20:13Z RONALD R WATTS VP FOR FINANCE 173 WEST LORAIN STREET OBERLIN OH 44074 1076192203 false X WWW.OBERLIN.EDU X 1834 OH OBERLIN COLLEGE IS A LIBERAL ARTS COLLEGE AND A CONSERVATORY OF MUSIC THAT EXISTS TO ACHIEVE - AND TO ENABLE ITS STUDENTS AND FACULTY TO ACHIEVE - ACADEMIC, ARTISTIC, AND MUSICAL EXCELLENCE. 33 31 3963 50 112987 0 46863663 34010388 145525024 154445002 29713924 104332428 0 0 222102611 292787818 48977725 51909294 0 0 84535032 86140967 0 0 6538310 67561134 69417178 201073891 207467439 21028720 85320379 990065743 1091985410 241722460 231610067 748343283 860375343 X OBERLIN COLLEGE IS A LIBERAL ARTS COLLEGE AND A CONSERVATORY OF MUSIC THAT EXISTS TO ACHIEVE - AND TO ENABLE ITS STUDENTS AND FACULTY TO ACHIEVE - ACADEMIC, ARTISTIC, AND MUSICAL EXCELLENCE. OBERLIN'S MISSION IS TO: - GRADUATE LIBERAL ARTS AND CONSERVATORY STUDENTS WHO HAVE LEARNED TO THINK WITH INTELLECTUAL RIGOR, CREATIVITY, AND INDEPENDENCE; - PROVIDE THE HIGHEST LEVEL OF CONSERVATORY EDUCATION TO EXCEPTIONALLY TALENTED YOUNG MUSICIANS; - OFFER SUPERB LIBERAL EDUCATION ACROSS THE ARTS AND SCIENCES, IN THE HUMANITIES, NATURAL AND SOCIAL SCIENCES, AND THE ARTS; - OPEN THE WORLD TO ITS STUDENTS AND DEVELOP IN THEM THE SKILLS AND KNOWLEDGE THEY WILL NEED TO ENGAGE WITH AND NAVIGATE IN HIGHLY DIVERSE COMMUNITIES AND IN A GLOBAL SOCIETY; - NURTURE STUDENTS' CREATIVITY BY PROVIDING RICH CURRICULAR AND CO-CURRICULAR OPPORTUNITIES FOR STUDYING AND MAKING ART AND MUSIC; - HELP STUDENTS CLARIFY AND INTEGRATE THEIR INTELLECTUAL STRENGTHS AND INTERESTS, SOCIAL COMMITMENTS, AND VOCATIONAL ASPIRAT false false 190834603 51909294 151222332 OBERLIN COLLEGE IS A LIBERAL ARTS INSTITUTION MADE UP OF THE COLLEGE OF ARTS AND SCIENCES AND THE CONSERVATORY OF MUSIC. THE COLLEGE SERVES 2,861 FULL-TIME EQUIVALENT UNDERGRADUATE STUDENTS, AWARDING SCHOLARSHIPS TO 2,748 OF THEM. THE AVERAGE STUDENT RECEIVES $18,890 IN FINANCIAL AID. THE COLLEGE IS ESSENTIALLY RESIDENTIAL IN NATURE WITH 2,814 FULL-TIME BOARDS AND 2,448 FULL-TIME RESIDENTS. THE BALANCE OF THE STUDENT BODY IS HOUSED IN PRIVATE OFF-CAMPUS HOUSING WITHIN THE CITY OF OBERLIN, OHIO. 190834603 true true false false false false true true true true true false false true true true false true true true false true false false false false false true true true false false false false false false false false true true true true false false false true true true false false true 593 0 true 3963 true true true true UK IT false false false false false false false false X 33 31 true false false false false false false true true false false true true true true true true true true false OH X MARK R BATES 4407755350 173 WEST LORAIN STREET OBERLIN OH 44074 Robert S Lemle 16.0 X 0 0 0 Neil S Barsky 2.0 X 0 0 0 Amy Chen 2.0 X 0 0 0 Edith W Clowes 2.0 X 0 0 0 Thomas F Cooper 8.0 X 0 0 0 Assiatou B Diallo 2.0 X 0 0 0 Karen Gebhart Flint 2.0 X 0 0 0 Karen Florini 2.0 X 0 0 0 Robert J Frascino 8.0 X 0 0 0 Alan Houseman 2.0 X 0 0 0 Victor L Hymes 2.0 X 0 0 0 Hidong Kim 2.0 X 0 0 0 John D Koch 4.0 X 0 0 0 Stewart A Kohl 2.0 X 0 0 0 Thomas Kutzen 8.0 X 0 0 0 William Lewis 4.0 X 0 0 0 Kofi Lomotey 2.0 X 0 0 0 Chesley Maddox-Dorsey 4.0 X 0 0 0 Joseph L Markoff 2.0 X 0 0 0 Emily McClintock 2.0 X 0 0 0 Mathilda McGee-Tubb 2.0 X 0 0 0 Clyde S McGregor 4.0 X 0 0 0 Asishana Osho 2.0 X 0 0 0 William Robinson 2.0 X 0 0 0 David Shapira 2.0 X 0 0 0 Steven Shapiro 2.0 X 0 0 0 Ezra Spier 2.0 X 0 0 0 Susan J Troy 4.0 X 0 0 0 Harlan W Waksal 4.0 X 0 0 0 Sandra N Waters 4.0 X 0 0 0 Elizabeth Welch 2.0 X 0 0 0 Danette Wineberg 4.0 X 0 0 0 Alan Wurtzel 4.0 X 0 0 0 Diane Yu 4.0 X 0 0 0 Marvin Krislov 40.0 X 337858 0 124200 Ronald R Watts 40.0 X 261294 0 34231 Marcia E Miller 40.0 X 196694 0 29326 Mark R Bates 40.0 X 154427 0 20155 David H Stull 40.0 X 471339 0 116075 Sean M Decatur 40.0 X 213854 0 34251 Sandhya L Subramanian 40.0 X 149251 0 19018 Kathleen A Murphy 40.0 X 97185 0 11628 William E Barlow 40.0 X 202894 0 24287 Debra J Chermonte 40.0 X 167847 0 25326 Linda W Gates 40.0 X 162872 0 33814 David W Orr 40.0 X 199385 0 39697 Harry N Hirsch 40.0 X 166594 0 29755 Michael M Nolan 40.0 X 165593 0 25703 Clayton R Koppes 40.0 X 164914 0 29003 Ellis W Tallman 40.0 X 160405 0 34055 3272406 0 630524 99 false true false PANZICA CONSTRUCTION COMPANY 739 BETA DRIVE MAYFIELD VILLAGE OH 44143 CONSTRUCTION 14499598 ALBERT M HIGLEY COMPANY 2926 CHESTER AVENUE CLEVELAND OH 44114 CONSTRUCTION 4147535 MAROUS BROTHERS CONSTRUCTION 1702 JOSEPH LLOYD PARKWAY WILLOUGHBY OH 44094 CONSTRUCTION 5268032 KRILL COMPANY INC 1275 MAIN AVENUE CLEVELAND OH 44113 CONSTRUCTION 5692750 CLARK POST ARCHITECTS LLC 6125 SOUTH BROADWAY LORAIN OH 44053 ARCHITECTS 647622 29 2315997 31694391 5100560 34010388 TUITION & FEES 900099 120974794 120974794 RESIDENTIAL & DINING SERVICES 900099 26829018 26829018 EDUCATIONAL ACTIVITIES 900099 2739720 2739720 OBERLIN INN 721110 2442783 2442783 SUMMER CONFERENCE PROGRAM 900099 678800 678800 779887 779887 154445002 2700114 112987 2587127 0 0 885036699 783404385 101632314 101632314 101632314 0 0 0 0 292787818 151222332 112987 107442111 0 50727921 50727921 1181373 1181373 0 3055098 1287883 1528397 238818 0 62003219 56437321 2499898 3066000 6146895 5664022 189789 293084 10616767 9504086 671844 440837 4318988 3928607 175848 214533 0 397539 397539 109075 109075 0 0 0 0 0 11474265 10764668 335920 373677 798193 798193 0 10897704 10897704 2819140 2119775 185769 513596 0 0 5805186 5805186 0 17314753 17314753 0 FACILITIES EXPENSE 4118959 2194402 1077752 846805 ANNUITY & RLIF PAYMENTS 1767317 1767317 INSTRUCTION EXPENSE 2622670 2622670 GENERAL ADMINISTRATION 1449302 954552 494750 SUPPORTED AUX. OPERATIONS 1118213 1118213 8724862 7513274 660628 550960 207467439 190834603 10094526 6538310 5370609 5804435 11083625 64905516 22673146 32014688 1689861 1436640 1030035 545553 4220494 4137707 556164546 257204787 281176271 298959759 515000054 496295004 136005256 175772449 11816392 12113659 990065743 1091985410 41980267 35828139 1080879 994393 176552130 172403934 9930330 8433772 12178854 13949829 241722460 231610067 X 258314396 297316458 271554294 328502125 218474593 234556760 748343283 860375343 990065743 1091985410 X 85320379 26711681 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 706175 7308113 X X X X false false true 603437083 3941624 116906824 10488425 24152956 721381 688922769 536578942 43000714 60726639 10407424 25923520 538268 603437083 743489450 6803524 -172149412 11540877 28558348 1465395 536578942 0.37993 0.28508 0.33499 false false 3274830 6846371 10121201 3435875 358381453 143529099 218288229 170754422 113675688 57078734 13471595 13471595 298959759 FUNDS HELD IN TRUST BY OTHERS 15895868 F NATURAL RESOURCES INVESTMENTS 47164090 F VENTURE CAP.&OTHER ALTERN.INV. 112712491 F 175772449 0 ANNUITY OBLIGATIONS 13949829 13949829 292787818 207467439 85320379 24483907 2227774 26711681 112032060 268119000 24483907 2756967 27240874 240878126 51909692 51909692 292787818 156087000 528855 528855 155558145 51909294 51909294 207467439 FINANCIAL STATEMENT FOOTNOTE REGARDING ART COLLECTION, PART III, LINE 1A: THE COLLEGE HAS ELECTED NOT TO CAPITALIZE CONTRIBUTED COLLECTIONS. ALL WORKS OF ART AND COLLECTIONS ARE HELD FOR PUBLIC EXHIBITION, EDUCATION OR RESEARCH; ARE PROTECTED, KEPT UNENCUMBERED, CARED FOR, AND PRESERVED; AND ARE SUBJECT TO POLICIES GOVERNING THEIR USE. RECOGNIZING WORKS OF ART AS AN ASSET OF THE INSTITUTION WOULD RESULT IN A MATERIAL INCREASE IN PROPERTY, PLANT AND EQUIPMENT AND A CORRESPONDING INCREASE IN NET ASSETS IN THE STATEMENTS OF FINANCIAL POSITION. DESCRIPTION OF ART COLLECTION, PART III, LINE 4: The Allen Memorial Art Museum (AMAM) is one of the finest college or university collections in the United States. Comprising nearly 14,000 works of art from virtually every culture and spanning the history of art, the AMAM's collection is a vital cultural resource for the students, faculty, and staff of Oberlin College as well as the surrounding community. The museum organizes a variety of public programs in connection with exhibitions for Oberlin College and the local community. The Museum offers educational resources for Oberlin College faculty and students as well as other colleges and universities, K-12 teachers, children, and families. CUSTODIAL FUNDS, PART IV, LINE 2B: IN ADDITION TO FUNDS FROM STUDENT ORGANIZATIONS, THE COLLEGE MAINTAINS AGENCY FUNDS FOR VARIOUS PURPOSES INCLUDING FELLOWSHIPS FUNDED BY OUTSIDE FOUNDATIONS. INTENDED USE OF ENDOWMENT FUNDS, PART V, LINE 4: OBERLIN COLLEGE'S ENDOWMENT SPENDING POLICY IS SET BY THE COLLEGE'S BOARD OF TRUSTEES. THE BOARD OF TRUSTEES TAKES GREAT CARE IN DEVELOPING THE BROAD OBJECTIVES AND SPECIFIC SPENDING METHODOLOGY, GIVING CONSIDERATION TO A NUMBER OF FACTORS, INCLUDING PRESERVATION OF THE COLLEGE'S ENDOWMENT FOR PERPETUITY, ECONOMIC CONDITIONS AND THE POSSIBLE IMPACT OF INFLATION AND DEFLATION, THE COLLEGE'S HISTORICAL TOTAL RETURN ON ENDOWMENT, THE EXPECTED TOTAL RETURNS AND THE RELATED INVESTMENT POLICIES AND TARGETED ALLOCATIONS TO ACHIEVE THE EXPECTED RETURNS, AND THE OTHER FINANCIAL RESOURCES OF THE COLLEGE. THE BROAD OBJECTIVES OF THE ENDOWMENT SPENDING POLICY ARE TO INCREASE THE REAL VALUE OF THE ENDOWMENT, TO PROVIDE A DEPENDABLE STREAM OF CURRENT EARNINGS DISTRIBUTION FROM THE ENDOWMENT POOL TO THE COLLEGE, TO RELEASE EARNINGS AT A RATE SUSTAINABLE OVER THE LONG TERM, AND TO SEEK TO PROVIDE PREDICTABILITY AND STABILITY OF ENDOWMENT SPENDING ESSENTIAL FOR LONG-RANGE PLANNING. FIN 48 FOOTNOTE, PART X, LINE 2: THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(c)(3). THE COLLEGE GENERATES MINOR AMOUNTS OF UNRELATED BUSINESS INCOME, ANNUALLY FILES FORM 990-T AND PAYS TAXES ON SUCH INCOME. THE COLLEGE RECOGNIZES THE TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE COLLEGE, THE CONTINUED TAX-EXEMPT STATUS OF BONDS ISSUED BY THE COLLEGE AND VARIOUS POSITIONS RELATED TO POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. THE COLLEGE BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. AS OF JUNE 30, 2011, THE COLLEGE'S INCOME TAX YEARS FROM 2007 AND THEREAFTER REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, AS WELL AS VARIOUS STATE AND LOCAL TAXING AUTHORITIES. OTHER CHANGES IN NET ASSETS, PART XI, LINE 8: CHANGE IN INTEREST RATE SWAP LIABILITY: $2,756,967; POST-RETIREMENT BENEFIT OBLIGATION ADJUSTMENT: ($529,193); TOTAL ADJUSTMENT: $2,227,774 OTHER CHANGES IN REVENUE, PART XII, LINE 2D: CHANGE IN INTEREST RATE SWAP LIABILITY: $2,756,967 OTHER CHANGES IN REVENUE, PART XII, LINE 4B: STUDENT FINANCIAL AID, WHICH WAS SHOWN AS A REDUCTION OF TUITION REVENUE ON FINANCIAL STATEMENTS BUT AS AN EXPENSE IN PART IX OF FORM 990: $51,909,294; ADJUSTMENT TO FINANCIAL STATEMENT AMOUNTS WHICH WERE ROUNDED TO THE NEAREST THOUSAND DOLLARS: $398; TOTAL ADJUSTMENT: $51,909,692 OTHER CHANGES IN EXPENSES, PART XIII, LINE 2D: POST-RETIREMENT BENEFIT OBLIGATION ADJUSTMENT: $529,193; ADJUSTMENT TO FINANCIAL STATEMENT AMOUNTS WHICH WERE ROUNDED TO THE NEAREST THOUSAND DOLLARS: ($338); TOTAL ADJUSTMENTS = $528,855 OTHER CHANGES IN EXPENSES, PART XIII, LINE 4B: STUDENT FINANCIAL AID, WHICH WAS SHOWN AS A REDUCTION OF TUITION REVENUE ON FINANCIAL STATEMENTS BUT AS AN EXPENSE IN PART IX OF FORM 990: $51,909,294 true true true true true true true false false false false false false false false true false true PUBLICATION OF RACIALLY NONDISCRIMINATORY POLICY, LINE 3: THE COLLEGE PUBLISHES ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH NEWSPAPER ADVERTISING, THE COLLEGE COURSE CATALOG, THE STUDENT REGULATIONS, POLICIES AND PROCEDURES PUBLICATION, AND EMPLOYEE HANDBOOKS. THE COLLEGE FOLLOWS A VOLUNTARY AFFIRMATIVE ACTION PLAN. FINANCIAL AID FROM A GOVERNMENTAL AGENCY, LINE 6B: OBERLIN COLLEGE PARTICIPATES IN VARIOUS STUDENT FINANCIAL AID PROGRAMS FROM THE U.S. DEPARTMENT OF EDUCATION, INCLUDING THE FOLLOWING PROGRAMS: PELL GRANTS, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, PERKINS LOANS, AND COLLEGE WORK STUDY PROGRAMS. true Central America and the Caribbean Investments 240648810 Europe (Including Iceland and Greenland) Investments 33827557 Central America and the Caribbean 0 0 Program Services STUDY ABROAD PROGRAMS 112225 East Asia and the Pacific 0 0 Program Services STUDY ABROAD PROGRAMS 499433 Europe (Including Iceland and Greenland) 2 0 Program Services STUDY ABROAD PROGRAMS 2007037 Middle East and North Africa 0 0 Program Services STUDY ABROAD PROGRAMS 49785 North America 0 0 Program Services STUDY ABROAD PROGRAMS 48425 Russia and the Newly Independent States 0 0 Program Services STUDY ABROAD PROGRAMS 134800 South America 0 0 Program Services STUDY ABROAD PROGRAMS 226687 South Asia 0 0 Program Services STUDY ABROAD PROGRAMS 36902 Sub-Saharan Africa 0 0 Program Services STUDY ABROAD PROGRAMS 180277 2 0 2 0 277771938 277771938 SCHOLARSHIPS Cent. America/Caribbean 6 43405 CRED.TO ACCT SCHOLARSHIPS East Asia/Pacific 17 170773 CRED.TO ACCT SCHOLARSHIPS Europe/Iceland/Greenland 75 772171 CRED.TO ACCT SCHOLARSHIPS Middle East/North Africa 3 34317 CRED.TO ACCT SCHOLARSHIPS North America 1 6750 CRED.TO ACCT SCHOLARSHIPS Russia 1 8000 CRED.TO ACCT SCHOLARSHIPS South America 11 103877 CRED.TO ACCT SCHOLARSHIPS South Asia 2 8036 CRED.TO ACCT SCHOLARSHIPS Sub-Saharan Africa 8 34044 CRED.TO ACCT true false true true true false MONITORING USE OF GRANT FUNDS, PART I, LINE 2: THE COLLEGE ENSURES THAT ITS GRANTS ARE USED FOR EDUCATIONAL PURPOSES BY APPLYING THE FINANCIAL AID AWARDS DIRECTLY TO THE STUDENTS' ACCOUNTS FOR THOSE STUDENTS THAT STUDY ABROAD IN THE COLLEGE'S LONDON AND ITALY PROGRAMS. true SCHOLARSHIPS 2599 50727921 MONITORING USE OF GRANT FUNDS, PART I, LINE 2: THE COLLEGE ENSURES THAT ITS GRANTS OF STUDENT FINANCIAL AID ARE USED FOR THE INTENDED EDUCATIONAL PURPOSES BY APPLYING THE AWARDS DIRECTLY TO THE STUDENTS' TUITION BALANCES INSTEAD OF ISSUING CHECKS. X true true X X X X false false false false false false false false false Marvin Krislov 337858 0 0 0 0 0 110625 0 13575 0 462058 0 0 0 Ronald R Watts 261294 0 0 0 0 0 32500 0 1731 0 295525 0 0 0 Marcia E Miller 196694 0 0 0 0 0 25063 0 4263 0 226020 0 0 0 Mark R Bates 154427 0 0 0 0 0 19267 0 888 0 174582 0 0 0 David H Stull 252931 0 0 0 218408 0 102500 0 13575 0 587414 0 231000 0 Sean M Decatur 213854 0 0 0 0 0 20900 0 13351 0 248105 0 0 0 Sandhya L Subramanian 149251 0 0 0 0 0 15150 0 3868 0 168269 0 0 0 William E Barlow 202894 0 0 0 0 0 23042 0 1245 0 227181 0 0 0 Debra J Chermonte 167847 0 0 0 0 0 21237 0 4089 0 193173 0 0 0 Linda W Gates 162872 0 0 0 0 0 25200 0 8614 0 196686 0 0 0 David W Orr 199385 0 0 0 0 0 30322 0 9375 0 239082 0 0 0 Harry N Hirsch 166594 0 0 0 0 0 25658 0 4097 0 196349 0 0 0 Michael M Nolan 165593 0 0 0 0 0 24750 0 953 0 191296 0 0 0 Clayton R Koppes 164914 0 0 0 0 0 24935 0 4068 0 193917 0 0 0 Ellis W Tallman 160405 0 0 0 0 0 21421 0 12634 0 194460 0 0 0 EXPLANATION OF BENEFITS, PART I, LINE 1A: THE COLLEGE REQUIRES ITS PRESIDENT, MARVIN KRISLOV, TO LIVE ON-CAMPUS AND ACCORDINGLY HAS PROVIDED SUITABLE HOUSING FOR HIM. THE PRESIDENT'S HOME IS USED SUBSTANTIALLY FOR COLLEGE BUSINESS INCLUDING MEETINGS WITH STAFF AND STUDENTS, MEETINGS WITH ALUMNI AND DONORS, AND OTHER COLLEGE-RELATED MATTERS. THE COLLEGE DOES NOT TREAT THE VALUE OF THE HOUSING PROVIDED AS TAXABLE COMPENSATION TO THE PRESIDENT. OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346846974 67756BJN1 2003-09-24 39842601 EDUCATIONAL FACILITIES false false false OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756BVH0 2008-04-18 40000000 EDUCATIONAL FACILITIES false false false OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756AP55 2009-10-01 78715883 EDUCATIONAL FACILITIES false false false 0 0 41295108 0 0 11808909 351366 0 0 29134833 0 0 2008 true false true true 0 0 40493331 0 0 0 427971 0 0 39261368 0 803992 false false false 0 0 78715883 0 0 78031625 684258 0 0 0 0 0 2009 true false true true false false true false true 0.00000 0.00000 0.00000 true false false false false true 0.00000 0.00000 0.00000 true false false true false true 0.00000 0.00000 0.00000 true true false true MORGAN STANLEY 28. false false false false false false true true MORGAN STANLEY 40. false false false false false false false false false false false ADDITIONAL INFORMATION FOR TOTAL PROCEEDS OF EACH ISSUE, PART II, LINE 3: THE "TOTAL PROCEEDS OF ISSUE" ON LINE 3 OF PART II DIFFERS FROM THE "ISSUE PRICE" IN COLUMN E OF PART I DUE TO INVESTMENT EARNINGS THAT ACCRUED DURING THE RESPECTIVE PROJECT PERIODS FOR EACH BOND. STEWART KOHL TRUSTEE 11209659 INVESTMENT IN RIVERSIDE false THOMAS COOPER TRUSTEE 13530042 INVESTMENT IN GMO false RENEE ROMANO SPOUSE OF OFFICER 90448 PAYROLL false JESSICA DOWNS SPOUSE OF OFFICER 13060 PAYROLL false X 8 706175 APPRAISAL X 81 4017085 FMV X MUSICAL INSTRUMENTS 9 377300 COST/APPRAISAL 0 false true true USE OF THIRD PARTIES, PART I, LINE 32B: THE COLLEGE UTILIZES A SECURITIES BROKER TO SELL CERTAIN DONATED SECURITIES. THE FEES CHARGED BY THE BROKER ARE AT OR BELOW FAIR MARKET VALUE. REPORTABLE RELATIONSHIPS, FORM 990, PART VI, LINE 2: CHESLEY MADDOX-DORSEY, TRUSTEE, AND KOFI LOMOTEY, TRUSTEE, HAVE A FAMILY RELATIONSHIP. FORM 990 REVIEW, FORM 990, PART VI, LINE 11B: THE BOARD OF TRUSTEES DELEGATED THE TASK OF REVIEWING FORM 990 TO THE AUDIT COMMITTEE, PURSUANT TO THE COLLEGE'S BY-LAWS AND APPROVED VIA A VOTE OF THE ENTIRE BOARD. AN ELECTRONIC DRAFT COPY OF FORM 990 WAS PROVIDED TO THE AUDIT COMMITTEE IN ADVANCE OF ITS MEETING ON MAY 4, 2012, FOR REVIEW. FOLLOWING THE REVIEW WITH THE OUTSIDE PUBLIC ACCOUNTING FIRM, THE AUDIT COMMITTEE APPROVED FORM 990. AS AN ADDITIONAL LEVEL OF REVIEW AND APPROVAL, THE AUDIT COMMITTEE'S APPROVAL WAS DISCUSSED AT THE EXECUTIVE COMMITTEE MEETING ON MAY 4, 2012, AND THE APPROVAL PROCESS WAS RATIFIED. MONITORING AND ENFORCEMENT OF CONFLICT POLICY, FORM 990, PART VI, LINE 12C: All officers, trustees, directors, and key employees are required to disclose at least annually, and within thirty days after a material change, any relationships, positions, or circumstances that they believe could contribute to a conflict of interest, via a disclosure form that is circulated, along with the College's conflict of interest policy, to all such individuals. The General Counsel and Secretary of the College reviews and analyzes any conflicts and maintains copies of disclosure statements. Violations of the conflict of interest policy are communicated to the chair of the audit committee and the controller of the College, investigated by the College, and promptly corrected, including, where applicable, disciplinary action, up to the individual's removal from his or her position. COMPENSATION REVIEW AND APPROVAL, FORM 990, PART VI, LINE 15: Pursuant to the College's by-laws, approved via a vote of the full board, the compensation arrangements for the President and officers and key employees are approved in advance through the following process. The Compensation Subcommittee of the Board's Executive Committee organizes and conducts the review of the President as the College's Chief Executive Officer, and makes recommendations to the Executive Committee and the Board concerning the compensation of the President and officers and key employees. The Compensation Subcommittee consists of Trustees without a conflict of interest with respect to the compensation arrangement. In formulating its recommendations, the Compensation Subcommittee obtains and relies upon comparability data regarding the compensation of the President and officers and key employees at similarly situated private colleges and universities. The Subcommittee presents to the Executive Committee its written report and recommendations. The Executive Committee may approve the Subcommittee's report and recommendations or act otherwise, and the Executive Committee's action is then presented to the full Board in executive session for ratification. A written report of the approved compensation determination and the basis for that determination is subsequently filed and preserved with the College's General Counsel and Secretary. AVAILABILITY OF DOCUMENTS, FORM 990, PART VI, LINE 19: THE COLLEGE MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ITS AUDITED FINANCIAL STATEMENTS ARE POSTED ON ITS WEB SITE. THE COLLEGE DOES NOT MAKE ITS CONFLICT POLICY AVAILABLE TO THE PUBLIC. OTHER CHANGES IN NET ASSETS, FORM 990, PART XI, LINE 5: UNREALIZED GAIN ON INVESTMENTS: $24,483,907; CHANGE IN INTEREST RATE SWAP LIABILITY: $2,756,967; POST-RETIREMENT BENEFIT OBLIGATION ADJUSTMENT: ($529,193); TOTAL ADJUSTMENT: $26,711,681 COLLEGE PROPERTIES OF OBERLIN INC 173 WEST LORAIN STREET OBERLIN OH 44074 341658407 PPTY HOLDING OH 501(c)(3) 11A OBERLIN COLL COLLEGE PROPERTIES OF SOUTHWEST FLORIDA 173 WEST LORAIN STREET OBERLIN OH 44074 341568219 PPTY HOLDING OH 501(c)(3) 11A OBERLIN COLL COLLEGE PROPERTIES OF NORTHERN OHIOINC 173 WEST LORAIN STREET OBERLIN OH 44074 340960554 PPTY HOLDING OH 501(c)(3) 11A OBERLIN COLL OBERLIN SHANSI MEMORIAL ASSOCIATION 173 WEST LORAIN STREET OBERLIN OH 44074 340768350 EDUCATIONAL OH 501(c)(3) 11A OBERLIN COLL OBERLIN COLLEGE BROADCASTING INC 70 N PROFESSOR STREET OBERLIN OH 44074 263344852 BROADCAST.ED. OH 501(c)(3) 11A OBERLIN COLL THE FIVE COLLEGES OF OHIO 209 CHASE AVENUE EATON CENTER GAMBIER OH 43022 311440434 EDUC.CONSORT. OH 501(c)(3) 11A NA GREAT LAKES COLLEGES ASSOCIATION 535 WEST WILLIAM ANN ARBOR MI 48103 381678376 EDUC.CONSORT. MI 501(c)(3) 11A NA CHARITABLE REMAINDER TRUSTS (24) 173 WEST LORAIN STREET OBERLIN OH 44074 CHARITABLE TRUSTS OH OBERLIN COLLEGE TRUST CHARITABLE REMAINDER TRUST (1) 173 WEST LORAIN STREET OBERLIN OH 44074 CHARITABLE TRUST WA OBERLIN COLLEGE TRUST false false false false false false false false false false true false true false false true false false COLLEGE PROPERTIES OF OBERLIN K