Strategy Studio is now furp.org. Same site, same data, new address. Please update your bookmarks (and anything that links to strategystudio.org); old links keep working by sending you here.
ROSE-HULMAN INSTITUTE OF TECHNOLOGY: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- ROSE-HULMAN INSTITUTE OF TECHNOLOGY (EIN 35-0868149)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-14
- IRS object ID
- 201211359349303201
- Schema version
- 2010v3.4
- 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 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 | 2012-05-14T12:11:37-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BKD LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 E Main Street Suite 700 | AddressLine1 |
| City | Fort Wayne | City |
| State | IN | State |
| ZIP Code | 468001900 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 350868149 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Rose-Hulman Institute of Technology | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ROSE | NameControl |
| Phone | 8128778111 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5500 Wabash Avenue CM 21 | AddressLine1 |
| City | Terre Haute | City |
| State | IN | State |
| ZIP Code | 47803 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Robert A Coons | Name |
| Title | VP and CAO | Title |
| Phone | 8128778172 | Phone |
| Date Signed | 2012-05-10 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2604604033 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Robert A Coons | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5500 Wabash Avenue CM 21 | AddressLine1 |
| City | Terre Haute | City |
| State | IN | State |
| ZIP Code | 47803 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 167344360 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.rose-hulman.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1874 | YearFormation |
| State Legal Domicile | IN | StateLegalDomicile |
| Activity Or Mission Description | To provide the world's best undergraduate education in engineering, mathematics, and science. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 39 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 36 | NbrIndependentVotingMembers |
| Total Nbr Employees | 2137 | TotalNbrEmployees |
| Total Nbr Volunteers | 39 | TotalNbrVolunteers |
| Total Gross UBI | 132361 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 8679014 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 9786055 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 75080148 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 80130137 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 5438809 | InvestmentIncomePriorYear |
| Investment Income Current Year | 4606852 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 766480 | OtherRevenuePriorYear |
| Other Revenue Current Year | 685131 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 89964451 | TotalRevenuePriorYear |
| Total Revenue Current Year | 95208175 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 24240380 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 26423249 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 44888048 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 45602316 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 97375 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 4463724 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 24214035 | OtherExpensePriorYear |
| Other Expenses Current Year | 25453442 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 93342463 | TotalExpensesPriorYear |
| Total Expenses Current Year | 97576382 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -3378012 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -2368207 | RevenuesLessExpensesCY |
| Total Assets BOY | 286579808 | TotalAssetsBOY |
| Total Assets EOY | 307020440 | TotalAssetsEOY |
| Total Liabilities BOY | 68939708 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 67886834 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 217640100 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 239133606 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | To provide our students with the world's best undergraduate education in engineering, mathematics and science in an environment of individual attention and support. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 61091995 | Expense |
| Grants | 26423249 | Grants |
| Revenue | 80121842 | Revenue |
| Description | Student Instruction - teaching faculty/related administrative salaries: costs associated therewith (i.e. library, computer services, student aid), fall 2010 enrollment 1,977. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 9986362 | Expense |
| Revenue | 0 | Revenue |
| Description | Student Services - admissions, placement, student counseling services, health services and athletic programs. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 9787148 | Expense |
| Description | Auxiliary Enterprises - student residence halls, food services, Student Union Building and Bookstore. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 4193214 | Expense |
| Description | Operation and maintenance of Plant | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 4193214 | TotalOfOtherProgramServiceExp |
| Total Program Service Expense | 85058719 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | 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 | 1 | 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 | 88 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 2137 | NumberOfEmployees |
| Employment Tax Returns Filed | 0 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| 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 | 0 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 39 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 36 | 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 |
| States Where Copy Of Return Is Filed | IN | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Robert A Coons VP and CAO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8128778111 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5500 Wabash Avenue | AddressLine1 |
| City | Terre Haute | City |
| State | IN | State |
| ZIP Code | 47803 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (50 entries)
| TitleTitle | Institutional TrusteeInstitutionalTrustee | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Average Hours Per WeekAverageHoursPerWeek | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| William Fenoglio | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Jeffrey Belskus | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Niles Noblitt | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Thomas Dinkel | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Robert Bright | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Jeffrey Burgan | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Bruce Cahill | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Patrick Cahill | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| James Coles | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Carl Cook | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| B Guille Cox Jr | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Dennis Cuneo | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Anton Hulman George | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Gregory Gibson | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Gregory Gotward | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Elizabeth Hagerman | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Michael Hatfield | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Donald Ings | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Elizabeth H Klimes | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Melendy Lovett | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Greggory Lowe | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Chris Mack | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Jeffrey McCreary | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Warren L Mickens | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| W Darin Moody | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| William Olah | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Carlton C O'Neal | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Eston L Perry | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Jack Ragle | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Robert J Schacht | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| William D Schindel | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| John V Titsworth | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Jimmie Trueblood | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Michael Andrew Williams | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Clyde Willian | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Heidi Davidson | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| David LHannum | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Robert W Pease | ||||||||
| Trustee | X | 0 | 0 | 0 | ||||
| Matt Branam | ||||||||
| President | 406912 | 0 | 19157 | 60.00 | X | |||
| Robert Coons | ||||||||
| VP and CAO | 230993 | 0 | 26808 | 60.00 | X | |||
| James Goecker | ||||||||
| VP of Enrollment Managemen | 149295 | 0 | 21046 | 60.00 | X | |||
| William Kline | ||||||||
| Interim VP of Academic Affairs | 186441 | 0 | 27003 | 60.00 | X | |||
| Arthur Western | ||||||||
| VP of Academic Affairs | 136066 | 0 | 18690 | 60.00 | X | |||
| Peter Gustafson | ||||||||
| VP for Student Affairs | 150568 | 0 | 10058 | 60.00 | X | |||
| Louis Turcotte | ||||||||
| VP for IAIT | 168649 | 0 | 22083 | 40.00 | X | |||
| Azad Siahmakoun | ||||||||
| Professor of PHOE | 161748 | 0 | 25598 | 40.00 | X | |||
| James McKinney | ||||||||
| Professor Civil Engineerin | 165128 | 0 | 21882 | 40.00 | X | |||
| Daniel Moore | ||||||||
| Associate Dean of Faculty | 165768 | 0 | 26544 | 40.00 | X | |||
| S Allen Broughton | ||||||||
| Dept Head, Mathematics | 149536 | 0 | 25876 | 40.00 | X | |||
| Donald Fry | ||||||||
| Former VP Institutional Advanceme | 238349 | 0 | 8760 | 40.00 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2309453 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 253505 | TotalOtherCompensation |
| Number Individuals GT100 K | 59 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| CH Garmong & Son Inc | |||||
| 3050 Poplar Street | Terre Haute | IN | 47803 | General Contracting Services | 1509820 |
| Sycamore Engineering | |||||
| 1010 Chestnut Street | Terre Haute | IN | 47807 | General Contracting Services | 803673 |
| Bennett & Hair Contractors | |||||
| 1211 Poplar Street | Terre Haute | IN | 47807 | General Contracting Services | 368212 |
| Borshoff | |||||
| PO Box 7160 | Indianapolis | IN | 46207 | Marketing Services | 231461 |
| Williams-Randall Marketing | |||||
| PO Box 1800 | Terre Haute | IN | 47808 | Marketing Services | 226790 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 6 | NumberOfContractorsGT100K |
| Fundraising Events | 18518 | FundraisingEvents |
| Government Grants | 1522509 | GovernmentGrants |
| All Other Contributions | 8245028 | AllOtherContributions |
| Noncash Contributions | 586989 | NoncashContributions |
| Total Contributions | 9786055 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| Tuition and Fees | 611710 | 67282483 | 67282483 | |
| Auxiliary Enterprises | 611710 | 11371364 | 11371364 | |
| Other Sources | 611710 | 1467995 | 1467995 | |
| Advertising Revenue | 541800 | 8295 | 8295 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 80130137 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2590602 | TotalRevenueColumn |
| Unrelated Business Revenue | -11895 | UnrelatedBusinessRevenue |
| Exclusion | $2,602,497 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 245531 | Real |
| Personal | 11063 | Personal |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 245531 | Real |
| Personal | 11063 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 256594 | TotalRevenueColumn |
| Unrelated Business Revenue | 135961 | UnrelatedBusinessRevenue |
| Exclusion | $120,633 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 74140653 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 72124403 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2016250 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2016250 | TotalRevenueColumn |
| Exclusion | $2,016,250 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 17082 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 18518 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 11782 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5300 | TotalRevenueColumn |
| Exclusion | $5,300 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 423237 | GrossSalesOfInventory |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 423237 | TotalRevenueColumn |
| Exclusion | $423,237 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 95208175 | TotalRevenueColumn |
| Related Or Exempt Function Income | 80121842 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 132361 | UnrelatedBusinessRevenue |
| Exclusion | $5,167,917 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26423249 | Total |
| Program Services | 26423249 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1383036 | Total |
| Program Services | 621584 | ProgramServices |
| Management And General | 548418 | ManagementAndGeneral |
| Fundraising | 213034 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31410769 | Total |
| Program Services | 26964166 | ProgramServices |
| Management And General | 2848216 | ManagementAndGeneral |
| Fundraising | 1598387 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2710120 | Total |
| Program Services | 2275978 | ProgramServices |
| Management And General | 306366 | ManagementAndGeneral |
| Fundraising | 127776 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7837194 | Total |
| Program Services | 6430913 | ProgramServices |
| Management And General | 1083629 | ManagementAndGeneral |
| Fundraising | 322652 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2261197 | Total |
| Program Services | 1907791 | ProgramServices |
| Management And General | 234206 | ManagementAndGeneral |
| Fundraising | 119200 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 82588 | Total |
| Program Services | 28677 | ProgramServices |
| Management And General | 53638 | ManagementAndGeneral |
| Fundraising | 273 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 170401 | Total |
| Management And General | 170401 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 97375 | Total |
| Fundraising | 97375 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1488824 | Total |
| Program Services | 549014 | ProgramServices |
| Management And General | 108302 | ManagementAndGeneral |
| Fundraising | 831508 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 633429 | Total |
| Program Services | 299732 | ProgramServices |
| Management And General | 162240 | ManagementAndGeneral |
| Fundraising | 171457 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3649396 | Total |
| Program Services | 2800365 | ProgramServices |
| Management And General | 703461 | ManagementAndGeneral |
| Fundraising | 145570 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 234675 | Total |
| Program Services | 99133 | ProgramServices |
| Management And General | 131381 | ManagementAndGeneral |
| Fundraising | 4161 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2869176 | Total |
| Program Services | 2501049 | ProgramServices |
| Management And General | 206525 | ManagementAndGeneral |
| Fundraising | 161602 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1707965 | Total |
| Program Services | 1153584 | ProgramServices |
| Management And General | 323250 | ManagementAndGeneral |
| Fundraising | 231131 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 101687 | Total |
| Program Services | 65704 | ProgramServices |
| Management And General | 28258 | ManagementAndGeneral |
| Fundraising | 7725 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2561210 | Total |
| Program Services | 2449402 | ProgramServices |
| Management And General | 111808 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6178419 | Total |
| Program Services | 5906934 | ProgramServices |
| Management And General | 271485 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 511891 | Total |
| Program Services | 368881 | ProgramServices |
| Management And General | 143010 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Food Service Fees | 2354734 | 2348870 | 5864 | |
| Other | 1549004 | 965034 | 267024 | 316946 |
| Non-Capital Equipment | 1023109 | 736515 | 253031 | 33563 |
| Membership/Professional | 336934 | 162144 | 93426 | 81364 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 97576382 | Total |
| Program Services | 85058719 | ProgramServices |
| Management And General | 8053939 | ManagementAndGeneral |
| Fundraising | 4463724 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31564 | BOY |
| EOY | 26278 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13482561 | BOY |
| EOY | 10028642 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1242564 | BOY |
| EOY | 5091020 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3281863 | BOY |
| EOY | 4354712 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5778449 | BOY |
| EOY | 5554646 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 744786 | BOY |
| EOY | 755481 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 200099595 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 102659453 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 96834285 | BOY |
| EOY | 97440142 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 86787953 | BOY |
| EOY | 99031742 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 71007309 | BOY |
| EOY | 76498147 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7388474 | BOY |
| EOY | 8239630 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 286579808 | BOY |
| EOY | 307020440 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5760134 | BOY |
| EOY | 5891136 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1720003 | BOY |
| EOY | 1638989 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42030000 | BOY |
| EOY | 40415000 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50000 | BOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19379571 | BOY |
| EOY | 19941709 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 68939708 | BOY |
| EOY | 67886834 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 121317703 | BOY |
| EOY | 133666683 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31094849 | BOY |
| EOY | 37491075 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 65227548 | BOY |
| EOY | 67975848 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 217640100 | BOY |
| EOY | 239133606 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 286579808 | BOY |
| EOY | 307020440 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -2368207 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 23861714 | ReconcilationOtherChanges |
| 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 D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 2598495 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 161946698 | BeginningOfYearBalance |
| Contributions | 2736717 | Contributions |
| Investment Earnings Or Losses | 28209165 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 4036958 | GrantsOrScholarships |
| Other Expenditures | 6946719 | OtherExpenditures |
| End Of Year Balance | 181908903 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 150784469 | BeginningOfYearBalance |
| Contributions | 1516413 | Contributions |
| Investment Earnings Or Losses | 20622688 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 4055771 | GrantsOrScholarships |
| Other Expenditures | 6921101 | OtherExpenditures |
| End Of Year Balance | 161946698 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 190328847 | BeginningOfYearBalance |
| Contributions | 1454472 | Contributions |
| Investment Earnings Or Losses | -28706436 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 3931775 | GrantsOrScholarships |
| Other Expenditures | 8360639 | OtherExpenditures |
| End Of Year Balance | 150784469 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.48000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.52000 | PermanentEndowmentEOYBalance |
| 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 | 8655261 | OtherCostOrOtherBasis |
| Book Value | 8655261 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 139597317 | OtherCostOrOtherBasis |
| Depreciation | 58110413 | Depreciation |
| Book Value | 81486904 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 45836082 | OtherCostOrOtherBasis |
| Depreciation | 41818960 | Depreciation |
| Book Value | 4017122 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6010935 | OtherCostOrOtherBasis |
| Depreciation | 2730080 | Depreciation |
| Book Value | 3280855 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 97440142 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| Private Equity | 10272547 | F |
| Hedge funds and fund of funds | 56978189 | F |
| Real Assets | 9247411 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 76498147 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (7 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Accrued Post Retirement Benefit Obligation | $11,750,371 |
| Annuity/Distribution Payable | $3,118,795 |
| Federal Perkins Loan Advances Payable | $3,680,829 |
| Deposits | $329,875 |
| Other | $397,348 |
| Gate Loan Reserve | $662,447 |
| Unclaimed Property | $2,044 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 19941709 | TotalOfAmounts |
| Total Revenue | 95208175 | TotalRevenue |
| Total Expenses | 97576382 | TotalExpenses |
| Excess Or Deficit For Year | -2368207 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 24435656 | NetUnrealizedGLOnInvestments |
| Other | -$573,942 | OtherAmount |
| Total Adjustments | 23861714 | TotalAdjustments |
| Excess Or Deficit Per FS | 21493507 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 121492200 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 24435656 | NetUnrealizedGainsInvestments |
| Other Revenues | -547194 | OtherRevenues |
| Revenue Not Rptd F990 | 23888462 | RevenueNotRptdF990 |
| Revenue Subtotal | 97603738 | RevenueSubtotal |
| Other Revenues Not Included | -2395564 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -2395564 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 95208174 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 99998694 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 99998694 | ExpensesSubtotal |
| Other Expenses Not Included | -2422312 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | -2422312 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 97576382 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Part III, Line 4: | Rose-Hulman Institute of Technology holds in its collection various works of art acquired by purchase and donations. These works are displayed in various buildings on campus to assist students in developing an appreciation for art and design. | |
| Part V, Line 4: | The Institute's endowment funds provide financial support of the Institutes academic and other needs. The earnings from the investment of the endowed funds provide student scholarships, laboratory and equipment, and endowed chairs and professorships. | Description of Intended Use of Endowment Funds: |
| Part X: | During fiscal year 2010, the Institute adopted the provisions of ASC Topic 740, Income Taxes, concerning the accounting and disclosures for certain tax positions, previously deferred by ASC Topic 740-10-65. As part of the implementation of this standard, management evaluated its current tax positions and determined the adoption of this standard had no material impact on the financial statements of the Institute. The Institute files tax returns in the U.S. federal jurisdiction. With a few exceptions, the Institute is no longer subject to U.S. federal examinations by tax authorities for years before 2007. | Description of Uncertain Tax Positions Under FIN 48: |
| Change in Value of Split Interest Agreements -748,346. Change in Value of RHV Investments 174,404. | Part XI, Line 8 - Other Adjustments: | |
| Change in Value of Split Interests -748,346. Change in Value of RHV Invesments 174,404. Bookstore Rent 26,748. | Part XII, Line 2d - Other Adjustments: | |
| Bookstore/Laptop Cost of Goods Sold -2,395,564. | Part XII, Line 4b - Other Adjustments: | |
| Bookstore/Laptop Cost of Goods Sold -2,395,564. Bookstore Rent -26,748. | Part XIII, Line 4b - Other Adjustments: |
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 | Solicitation of students is accomplished through direct mailings or contact with high school counselors. Mailings include a statemnt of racial non-discrimination. The Institute's admissions policies are in accordance with Sec 4.02 of Rev. Proc 75-50. |
| Explanation of Government Financial Assistance | Schedule E, Part I, Line 6 | Financial aid for both students and the Institute is received from the Department of Education along with funds from various Indiana State Agencies. These funds are disbursed without regard to race, religion, or national origin of students. The Institute also received from various federal and state agency's grants for the purpose of research and acquisition of equipment. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Individual | RuffaloCODY | NameOfIndividual |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 3018 | AddressLine1 |
| City | Cedar Rapids | City |
| State | IA | State |
| ZIP Code | 52406 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | Management of annual phone-a-thon. | Activity |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 505284 | GrossReceipts |
| Amount Retained By Contractor | 96735 | AmountRetainedByContractor |
| Net To Organization | 0 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 505284 | TotalGrossReceipts |
| Total Retained By Contractors | 96735 | TotalRetainedByContractors |
| Licensed States | IN | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Scholarship Golf Scramble | NameOfEvent1 |
| Gross Receipts Event1 | 35600 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 18518 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 17082 | GrossRevenueEvent1 |
| Cash Prizes Event1 | 790 | CashPrizesEvent1 |
| Rent Facility Costs Event1 | 443 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 8626 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 1923 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 35600 | GrossReceiptsTotal |
| Charitable Contributions Total | 18518 | CharitableContributionsTotal |
| Gross Revenue Total Events | 17082 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 790 | CashPrizesTotalEvents |
| Rent Facility Costs Total Events | 443 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 8626 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 1923 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 11782 | DirectExpenseSummaryEvents |
| Net Income Summary | 5300 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (3 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| Endowed Scholarships | 753 | 3590525 |
| Non-Endowed Scholarships | 103 | 444152 |
| Institutional Financial Aid | 1832 | 22388572 |
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: The Federal and State funds provided for financial aid to students of Rose-Hulman follows all regulations. Each year the regulations are evaluated to verify that all regulations are being followed based on each funds criteria. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 1 | 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 (12 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Matt Branam | |||||||||||||
| 387332 | 0 | 0 | 0 | 19580 | 0 | 0 | 0 | 19157 | 0 | 426069 | 0 | 0 | 0 |
| Robert Coons | |||||||||||||
| 210299 | 0 | 0 | 0 | 20694 | 0 | 0 | 0 | 26808 | 0 | 257801 | 0 | 0 | 0 |
| James Goecker | |||||||||||||
| 136405 | 0 | 0 | 0 | 12890 | 0 | 0 | 0 | 21046 | 0 | 170341 | 0 | 0 | 0 |
| William Kline | |||||||||||||
| 169521 | 0 | 0 | 0 | 16920 | 0 | 0 | 0 | 27003 | 0 | 213444 | 0 | 0 | 0 |
| Arthur Western | |||||||||||||
| 124509 | 0 | 0 | 0 | 11557 | 0 | 0 | 0 | 18690 | 0 | 154756 | 0 | 0 | 0 |
| Peter Gustafson | |||||||||||||
| 137236 | 0 | 0 | 0 | 13332 | 0 | 0 | 0 | 10058 | 0 | 160626 | 0 | 0 | 0 |
| Louis Turcotte | |||||||||||||
| 153005 | 0 | 0 | 0 | 15644 | 0 | 0 | 0 | 22083 | 0 | 190732 | 0 | 0 | 0 |
| Azad Siahmakoun | |||||||||||||
| 151876 | 0 | 0 | 0 | 9872 | 0 | 0 | 0 | 25598 | 0 | 187346 | 0 | 0 | 0 |
| James McKinney | |||||||||||||
| 150093 | 0 | 0 | 0 | 15035 | 0 | 0 | 0 | 21882 | 0 | 187010 | 0 | 0 | 0 |
| Daniel Moore | |||||||||||||
| 150695 | 0 | 0 | 0 | 15073 | 0 | 0 | 0 | 26544 | 0 | 192312 | 0 | 0 | 0 |
| S Allen Broughton | |||||||||||||
| 136012 | 0 | 0 | 0 | 13524 | 0 | 0 | 0 | 25876 | 0 | 175412 | 0 | 0 | 0 |
| Donald Fry | |||||||||||||
| 238349 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8760 | 0 | 247109 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | Part I, Line 1a | ReturnReference |
| Explanation | Matt Branum, the President of the Institute, receives club dues which are grossed for tax purposes. The President also receives a housing allowance, which is reported in Schedule J, Part II. The employment contract between Don Fry and the Institute was terminated on March 12, 2010. Severance payments totaling $183,351.53. | Explanation |
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 |
|---|---|---|---|---|---|---|---|
| Indiana Educational Facilities Authority | |||||||
| 521698917 | 4550483N6 | 2004-12-16 | 16905000 | Refunding of 1995 and 1996 Series bonds | 0 | 0 | 0 |
| Indiana Educational Facilities Authority | |||||||
| 521698917 | 455057ZN2 | 2010-09-08 | 21645000 | Refunding of 1999 and 2003 Series bonds | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Other Spent ProceedsOtherSpentProceeds | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|
| 16954239 | 185135 | 16769104 | 2004 | 1 | 0 | 1 | 1 |
| 21645000 | 432900 | 21212100 | 2010 | 1 | 0 | 1 | 1 |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Counsel Routinely Engaged | 1 | BondCounselRoutinelyEngaged |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| David Hannum | |||
| Part owner of CH Garmong and member of the Board of Trustees of RHIT | 1509820 | CH Garmong provided general contracting services to RHIT for renovation of the library. | 0 |
| Tom Dinkel | |||
| CEO of Sycamore Engineering and member of the Board of Trustees of RHIT | 803673 | Sycamore Engineering provided engineering services to RHIT on several capital projects. | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 25 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 586989 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Fair-Value | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (3 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | Equipment | 1 | 5000 | Fair Market Value |
| X | Software | 1 | 141926 | Fair Market Value |
| X | Miscellanous | 1 | 10500 | Fair Market Value |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Part VI, Section B, line 11 | The form was reviewed in detail and approved by the Audit Committee of the Board of Trustees. The document was made available to all members of the Board of Trustees prior to submission to the IRS. | |
| The Institute requires every member of the Board of Trustees, faculty and staff to submit a written conflict of interest disclosure annually as well as immediately upon the identification of any apparent or implied conflict. These submissions are each reviewed by the Chair of the Audit Committee of the Board of Trustees and summarized for presentation to the committee. | Form 990, Part VI, Section B, line 12c | |
| Rose-Hulman Institute of Technology's board of Trustees Compensation Committee annually performs a review of executive compensation for the President and the President's Cabinet. The review is designed to follow industry best practices and to comply with the IRS intermediate sanctions provision. In performing their annual review, the Committee reviews information from the Presidential performance review, compensation surveys, compensation at comparable organizations, and independent, third party reviews when deemed appropriate. The Committee makes compensation recommendations for the President for approval by the full Board of Trustees and approve the President's recommendations for his Cabinet. | Form 990, Part VI, Section B, line 15 | |
| As a private institution, Rose-Hulman Institute of Technology does not publicly distribute governing documents and its Conflict of Interest Policy. Audited financial statements are released to the public upon request. | Form 990, Part VI, Section C, line 19 | |
| Changes in Net Assets or Fund Balances: | Net unrealized gains on investments: 24,435,656. Change in Value of Split Interest Agreements -748,346. Change in Value of RHV Investments 174,404. Total to Form 990, Part XI, Line 5: 23,861,714. | Form 990, Part XI, line 5: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV (11 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Type Of EntityTypeOfEntity |
|---|---|---|---|---|---|---|---|
| GED Unitrust | |||||||
| 1525 West WT Harris Boulevand D1114 | Charlotte | NC | 28288 | 356427750 | Net Income with Makeup Charitable Remainder Trust | IN | T |
| JCF Unitrust | |||||||
| 1525 West WT Harris Boulevand D1114 | Charlotte | NC | 28288 | 352036861 | Standard Charitable Remainder Trust | IN | T |
| ERSA Unitrust | |||||||
| 1525 West WT Harris Boulevand D1114 | Charlotte | NC | 28288 | 351866816 | Standard Charitable Remainder Trust | IN | T |
| MAC Unitrust | |||||||
| 1525 West WT Harris Boulevand D1114 | Charlotte | NC | 28288 | 352036856 | Net Income with Makeup Charitable Remainder Trust | IN | T |
| BAB Unitrust | |||||||
| 1525 West WT Harris Boulevand D1114 | Charlotte | NC | 28288 | 352036859 | Net Income with Makeup Charitable Remainder Trust | IN | T |
| JKS CR Unitrust | |||||||
| 1525 West WT Harris Boulevand D1114 | Charlotte | NC | 28288 | 351960458 | Net Income with Makeup Charitable Remainder Trust | IN | T |
| RSM Unitrust | |||||||
| 1525 West WT Harris Boulevand D1114 | Charlotte | NC | 28288 | 352036864 | Net Income with Makeup Charitable Remainder Trust | IN | T |
| DGM Unitrust | |||||||
| 1525 West WT Harris Boulevand D1114 | Charlotte | NC | 28288 | 351944300 | Standard Charitable Remainder Trust | IN | T |
| MJL Unitrust | |||||||
| 1525 West WT Harris Boulevand D1114 | Charlotte | NC | 28288 | 351845392 | Net Income with Makeup Charitable Remainder Trust | IN | T |
| NBK unitrust | |||||||
| 1525 West WT Harris Boulevand D1114 | Charlotte | NC | 28288 | 352036857 | Net Income with Makeup Charitable Remainder Trust | IN | T |
| MCP Unitrust | |||||||
| 5500 Wabash Avenue | Terre Haute | IN | 47803 | 206452698 | Standard Charitable Remainder Trust | IN | T |
| 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 | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |