2012-04-03T08:00:31-05:00 2011-06-30 KNUDSEN MONROE & COMPANY LLC 301 N MAIN SUITE 110 NEWTON KS 671143459 990 2010-07-01 480548361 HESSTON COLLEGE HESS 6203278216 PO BOX 3000 HESSTON KS 670622093 HOWARD KEIM 6203278216 2012-03-29 1 CHRIS D STAUFFER 3162835366 2010 2016-02-24 21:20:13Z HOWARD KEIM PO BOX 3000 HESSTON KS 670622093 15506191 0 X WWW.HESSTON.EDU X 1909 KS HESSTON COLLEGE OPERATES A 2 YEAR COLLEGE THAT PROVIDES EDUCATIONAL AND RELIGIOUS OPPORTUNITIES. 11 11 563 98 0 0 3142321 3267322 11347930 11970660 247439 268209 0 0 14737690 15506191 3648499 3981294 0 0 5779418 6580107 21843 43626 723345 4420956 4249611 13870716 14854638 866974 651553 28051781 30514979 4956785 5157938 23094996 25357041 HESSTON COLLEGE IS A NONPROFIT CORPORATION WHOSE PURPOSE IS TO SERVE MENNONITE CHURCH USA IN ITS EDUCATIONAL INTERESTS AND TO MAINTAIN AND OPERATE A COLLEGE FOR EDUCATIONAL, BENEVOLENT, CHARITABLE, AND RELIGIOUS PURPOSES. 0 0 12501137 3981294 11947220 EDUCATIONAL SERVICES, ROOM AND BOARD PROVIDED TO APPROXIMATELY 450 STUDENTS 12501137 1 1 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 717 0 1 563 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X KARL BRUBAKER 6203278216 325 S COLLEGE DRIVE HESSTON KS 670629023 NORM YODER 6.00 X X 0 0 0 WILBUR BONTRAGER 2.00 X X 0 0 0 DEE CUSTAR 2.00 X X 0 0 0 DALE BEACHEY 2.00 X X 0 0 0 GINNY BIRKY 2.00 X 0 0 0 ANNETTE BROWN 2.00 X 0 0 0 KELVIN FRIESEN 2.00 X 0 0 0 DENTON JANTZI 2.00 X 0 0 0 HARLEY KOOKER 2.00 X 0 0 0 PHYLLIS NOFZIGER 2.00 X 0 0 0 JORGE VALLEJOS 2.00 X 0 0 0 HOWARD KEIM 50.00 X 107982 0 54782 DON WEAVER 50.00 X 84411 0 15557 192393 0 70339 1 0 1 0 WALZ HARMAN & HUFFMAN 55615 E HUFFMAN DR KECHI KS 67067 CONSTRUCTION CONTRACTOR 1653987 WIENS CONSTRUCTION 219 N WHITESIDE ST HUTCHINSON KS 67504 CONSTRUCTION CONTRACTOR 449145 2 580491 2686831 3267322 STUDENT TUITION / FEES 611600 9125564 9125564 AUXILIARY ENTERPRISES 611710 2592455 2592455 ORG ACTIVITIES / OTHER 611710 252641 229201 23440 11970660 268209 268209 15506191 11947220 0 291649 3981294 3981294 254000 254000 5255832 4688441 221147 346244 251779 215709 15295 20775 491948 432468 20182 39298 326548 277244 22816 26488 9722 9722 40201 40201 43626 43626 454664 295117 118743 40804 83171 69171 14000 248123 114341 74437 59345 32089 24171 6418 1500 124924 124924 681459 681459 AUXILIARY/ACADEMIC SUPP 1613456 926748 566774 119934 PRINTING/PUBLICATIONS 242758 168875 48552 25331 BOOKSTORE 225912 214616 11296 AVIATION PROGRAM 217162 162871 54291 ATHLETICS 182389 155031 27358 93581 93581 14854638 12501137 1630156 723345 X 757364 611801 159374 79165 382722 234053 1814854 1822486 107124 119018 77822 134772 29691604 12925077 15369415 16766527 5865488 6911405 653651 1225408 2863967 2610344 28051781 30514979 666964 1228873 192616 315727 1885000 2354000 963369 83984 1248836 1175354 4956785 5157938 X 14534415 16716750 1923075 1903379 6637506 6736912 23094996 25357041 28051781 30514979 X 651553 1610492 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7117357 81395 1718603 15723 79831 8821801 6362772 138668 665636 11402 38317 7117357 8981796 218388 -2531457 184930 121025 6362772 0.22550 0.72970 0.04480 1 0 987178 987178 21524296 8662097 12862199 5364301 4262980 1101321 1815829 1815829 16766527 DEFERRED FINANCING COSTS 108615 LONG TERM LEASE 1144929 INSURANCE DEPOSITS 548043 CSV TRUST AND LIFE INCOME 584935 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 223822 2610344 REFUNDABLE GOVERNMENT LOAN PROGRAM 1121234 ANNUITIES PAYABLE 54120 1175354 15506191 14854638 651553 1576412 34080 1610492 2262045 17116683 1576412 34080 1610492 15506191 0 15506191 14854638 0 14854638 0 14854638 SCHEDULE D, PART V, LINE 4 - ENDOWMENTS ARE HELD PRIMARILY TO PROVIDE FUNDS FOR SCHOLARSHIPS OR TO MAINTAIN FACILITIES. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 CATALOG, RECRUITMENT MATERIALS, WEBSITE EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 HESSTON COLLEGE RECEIVES MONEY FROM FEDERAL STUDENT LOAN PROGRAMS FOR ITS STUDENTS. X X X X X X X 1 BRAREN MULDER GERMAN ASSOCIATION 326 W 3RD ST 800 DAVENPORT IA 52801 CONSULTING/DEVELOPMENT 0 0 13661 -13661 STEWARDSHIP COUNSELING 12 PARKVIEW RD HESSTON KS 67062 CONSULTING/DEVELOPMENT 0 0 13565 -13565 ARLISS SWARTZENDRUBER 325 S COLLEGE DR HESSTON KS 67062 CONSULTING/DEVELOPMENT 0 0 16400 -16400 43626 -43626 EXPLANATION OF FUNDRAISING PAYMENTS SCHEDULE G, PART I, LINE 2B, COLUMN (V) IN ADDITION TO THE PROFESSIONAL FUND-RAISING FEES LISTED IN PART I, ARLISS SWARTZENDRUBER ALSO RECEIVED PAYMENTS FOR REIMBURSEMENT OF EXPENSES TOTALING $10,984. EXPENSES INCLUDED TRAVEL, LODGING, SUPPLIES, AND MEALS. EXPENSE REIMBURSEMENTS WERE PAID ONLY UPON SUBSTANTIATION OF ACTUAL EXPENSES INCURRED. 1 INSTITUTIONAL SCHOLARSHIPS 425 3850969 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS 208 130325 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: HESSTON COLLEGE EVALUATES EACH STUDENT FOR FEDERAL AND STATE FINANCIAL AID USING THE INFORMATION ON THE FAFSA FORM AS WELL AS OTHER APPLICATION MATERIALS COMPLETED FOR THEIR INSTITUTIONAL AID OFFERINGS. STUDENTS MUST MEET ALL DEPARTMENT OF EDUCATION GUIDELINES TO RECEIVE FEDERAL FINANCIAL AID, INCLUDING LOANS. SUCH GUIDELINES INCLUDE, BUT ARE NOT LIMITED TO, SATISFACTORY ACADEMIC PROGRESS, ATTENDANCE, NUMBER OF HOURS, AND A CLEAN FINANCIAL AID HISTORY. STUDENTS MAY BE ELIGIBLE FOR MERIT-BASED AID AND SOME MAY BE ELIGIBLE FOR NEED-BASED FINANCIAL AID. IN ADDITION TO BOTH NEED- AND MERIT-BASED QUALIFICATIONS, STUDENTS MUST MEET ELIGIBILITY REQUIREMENTS FOR CERTAIN AID ELEMENTS. ALL DETERMINATIONS ARE MADE BY THE FINANCIAL AID OFFICE IN CONJUNCTION WITH ACADEMIC DEPARTMENTS, ATHLETIC DEPARTMENTS, ADMISSIONS STAFF, AND DEVELOPMENT/ADVANCEMENT STAFF. X 1 0 X X X 0 0 0 0 0 0 0 0 0 HOWARD KEIM 107982 0 0 0 0 0 4550 0 50232 0 162764 0 151376 0 SUPPLEMENTAL INFORMATION PART III LINES 1 AND 2 - HOUSING ALLOWANCES ARE PROVIDED ONLY FOR ORDAINED MINISTERS EMPLOYED BY HESSTON COLLEGE, AS PERMITTED BY THE INTERNAL REVENUE CODE. THE HOUSING ALLOWANCE FOR EACH SUCH INDIVIDUAL IS APPROVED AT THE BEGINNING OF EACH CALENDAR YEAR BY THE FULL BOARD OF DIRECTORS. ANY SUCH ALLOWANCE NOT USED BY THE EMPLOYEE DURING THE YEAR FOR HOUSING EXPENSES MUST BE REPORTED AS TAXABLE INCOME ON THE EMPLOYEE'S INDIVIDUAL TAX RETURN. KANSAS INDEPENDENT COLLEGE FINANCE AUTHORITY 2010-11-18 3500000 CONSTRUCTION FUNDS, REFUND BONDS 0 0 0 3500000 108615 340287 1905098 1146000 1 0 0 1 FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS SENT TO ALL BOARD MEMBERS AND IS REVIEWED BY THE FINANCE COMMITTEE PRIOR TO SUBMITTING. THE FINANCE COMMITTEE IS A SUB-COMMITTEE OF THE FULL BOARD. VP OF FINANCE IS AVAILABLE AT THIS MEETING TO ANSWER ANY QUESTIONS OR PROVIDE CLARIFICATION. FORM 990, PART VI, SECTION B, LINE 12C MANAGEMENT AND THE BOARD REGULARLY REVIEW ACTIVITY THAT MAY CREATE CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, THE BOARD OF OVERSEERS REVIEWS AND SETS THE SALARY FOR THE PRESIDENT. SALARY IS DETERMINED BASED ON REVIEW OF SALARIES AT OTHER SIMILAR SCHOOLS IN KANSAS AND AFFILIATIONS, TREND INFORMATION ON RECENT INCREASES FOR THE PRESIDENT, MANAGEMENT'S RECOMMENDATION OF COMPENSATION INCREASE FOR ALL COLLEGE EMPLOYEES AND UPCOMING BUDGET INFORMATION. BENEFITS ARE PER COLLEGE POLICY FOR ALL EMPLOYEES. OTHER KEY EMPLOYEE SALARIES ARE ALSO REVIEWED ANNUALLY AND APPROVED AS PART OF BUDGET PROCESS. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATIONAL DOCUMENTS (BYLAWS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS) ARE PROVIDED UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,576,412. ACTUARIAL ADJUSTMENTS TO ANNUITIES, TRUSTS AND LIFE INCOME PLANS 34,080. TOTAL TO FORM 990, PART XI, LINE 5: 1,610,492.