2012-10-03T11:49:29-05:00 2010-06-30 990 2009-07-01 480543736 MCPHERSON COLLEGE MCPH 6202420453 1600 E EUCLID MCPHERSON KS 67460 MICHAEL SCHNEIDER 6202420451 2012-10-01 2009 2016-02-24 21:20:13Z X MICHAEL SCHNEIDER 1600 E EUCLID MCPHERSON KS 67460 22287809 0 X WWW.MCPHERSON.EDU X 1887 KS MCPHERSON COLLEGE IS A PRIVATE FOUR YEAR PRIVATE INSTITUTION DEDICATED TO ITS MISSION: TO DEVELOP WHOLE PERSONS THROUGH SCHOLARSHIP, PARTICIPATION, AND SERVICE. 24 0 428 0 0 0 3599147 3037217 12189655 13700943 813070 1126665 346386 212997 16948258 18077822 4612973 5268888 0 6275815 5887513 9975 14907 608594 7499040 7206705 18397803 18378013 -1449545 -300191 49572177 50618591 10321027 9895119 39251150 40723472 TO DEVELOP WHOLE PERSONS THROUGH SCHOLARSHIP, PARTICIPATION, AND SERVICE. MCPHERSON COLLEGE IS A VIBRANT COMMUNITY OF PERSONS FROM DIVERSE FAITHS AND CULTURAL BACKGROUNDS. THE COLLEGE PROVIDES EDUCATION IN 18 UNDERGRADUATE MAJORS, SERVING APPROXIMATELY 550 STUDENTS. 0 0 12411005 5268888 14528464 MCPHERSON COLLEGE IS A PRIVATE FOUR-YEAR INSTITUTION WHICH PROVIDES EDUCATION IN 18 UNDERGRADUATE MAJORS FOR 2 DEGREES. THE COLLEGE PROVIDES APPROXIMATELY 550 STUDENTS WITH AN EDUCATIONAL OPPORTUNITY THAT EMPHASISES THE MISSION WHICH IS TO DEVELOP WHOLE PERSONS THROUGH SCHOLARSHIP, PARTICIPATION, AND SERVICE. 12411005 1 1 0 0 0 0 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 1 0 0 0 1 224 0 1 428 1 0 0 0 0 0 0 0 0 1 1 1 24 0 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 WA X SHANE NETHERTON Vice President for Finance 6202420451 1600 E EUCLID PO BOX 1402 MCPHERSON KS 674601402 CRAIG A LITTLE PhD 1.00 X 0 0 0 RICHARD DOLL 1.00 X 0 0 0 DARYL BEAM 1.00 X 0 0 0 CAROL LELAND 1.00 X 0 0 0 BRAD ELLIOTT 1.00 X 0 0 0 JESSICA EVERTON 1.00 X 0 0 0 PAULA VINCENT 1.00 X 0 0 0 ALFERDTEEN HARRISON 1.00 X 0 0 0 CRAIG HOLMAN 1.00 X 0 0 0 DENNIS KINGERY 1.00 X 0 0 0 KATHERINE MELHORN 1.00 X 0 0 0 JOHN HOLTHUS 1.00 X 0 0 0 CARINE ULLOM 1.00 X 0 0 0 AMY DIAZ BRUBAKER 1.00 X 0 0 0 KEVIN CARMAN 1.00 X 0 0 0 BUNNY HILL 1.00 X 0 0 0 KERRLIEE KOBBEMAN 1.00 X 0 0 0 DOUGLAS LENGEL 1.00 X 0 0 0 CYNTHIA MINES 1.00 X 0 0 0 Stephen Burkholder 1.00 X 0 0 0 James Loving 1.00 X 0 0 0 Stephen Mohler 1.00 X 0 0 0 Carolyn Schrock 1.00 X 0 0 0 Leslie Shenefelt 1.00 X 0 0 0 Myron Stine 1.00 X 0 0 0 MICHAEL SCHNEIDER 40.00 X 134949 0 30562 134949 0 30562 1 0 1 0 0 585818 2451399 48673 3037217 TUITION AND FEES 611710 10553476 10553476 AUXILIARY ENTERPRISES 611710 3147467 3147467 13700943 512141 512141 24525 91597 -67072 -67072 -67072 3615443 895624 3626298 270245 -10855 625379 614524 614524 229597 221847 7750 7750 OTHER INCOME 611710 272319 272319 272319 18077822 14528464 0 512141 5268888 5268888 174053 174053 4803004 3118755 1390795 293454 195357 120634 63088 11635 388428 218909 134498 35021 326671 203229 103471 19971 40211 94 40117 15434 15434 56815 56815 14907 14907 162856 162856 486467 360961 125506 107929 35665 69462 2802 518088 10377 454637 53074 338454 210489 107265 20700 701003 435964 222166 42873 424159 186431 182000 55728 90961 40237 45626 5098 322287 322287 1296285 1296285 189110 117610 59934 11566 AUXILARY EXPENSES 1018503 1018503 GENERAL EDUCATIONAL EXP 535991 535991 MISCELLANEOUS EXPENSES 441014 332808 66441 41765 GENERAL CO-CURRICULAR E 195460 195460 265678 265678 18378013 12411005 5358414 608594 816213 2360200 2305578 891933 1573425 1604850 549059 536589 910380 905074 33291 12883 37225908 17981374 20126006 19244534 17249325 19000580 5741036 5836647 267864 225301 49572177 50618591 20574 50477 309210 256294 5797793 5715000 4193450 3873348 10321027 9895119 X 14818770 15670959 1186694 1026158 23245686 24026355 39251150 40723472 49572177 50618591 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 25566832 837758 2459262 -555731 1441078 27978505 31290824 266319 -3150389 508425 2331497 25566832 0.10000 0.90000 0.00000 0 0 3412336 3412336 26690274 14205285 12484989 6835573 3596275 3239298 287725 179814 107911 19244534 REAL ESTATE & FARM PROPERTY 4353905 C MISCELLANEOUS 473458 F Venture Capital 1009284 F 5836647 OTHER ACCRUED EXPENSES 453849 STUDENT DEPOSITS 35996 SPLIT-INTEREST AGREEMENTS PAYABLE 2034812 US GOVERNMENT LOAN FUND REFUNDABLE 1348691 3873348 18077822 18378013 -300191 1772513 1772513 1472322 13384287 0 13384287 4693535 4693535 18077822 12859350 0 12859350 5518663 5518663 18378013 Part III, Line 1a: THE COLLEGE'S COLLECTIONS ARE MADE UP OF ARTIFACTS OF HISTORICAL SIGNIFICANCE, SCIENTIFIC SPECIMENS, AND ART OBJECTS THAT ARE HELD FOR EDUCATIONAL, SCIENTIFIC, AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED PERIODICALLY. NO COLLECTION ITEMS WERE DEACCESSIONED FOR THE YEARS ENDED JUNE 30, 2009 AND 2008. Part III, Line 4: MCPHERSON COLLEGE MAINTAINS ARTIFACTS OF A HISTORICAL, SCIENTIFIC AND CULTURAL SIGNIFICANCE TO THE COLLEGE AND THE COMMUNITY OF MCPHERSON AS A WHOLE. OUR MISSION IS TO CREATE WHOLE PERSONS AND WE BELIEVE ENCOURAGING THE DEVELOPMENT OF APPRECIATION FOR THE THINGS OF THIS NATURE IS BEST DEMONSTRATED IN THE WAY WE OURSELVES PRESERVE AND CARE FOR THESE ARTIFACTS. Part V, Line 4: Description of Intended Use of Endowment Funds: MCPHERSON COLLEGE'S ENDOWMENT FUND IS INTENDED TO PROVIDE AN INVESTED PRINCIPAL FROM WHICH EARNINGS CAN BE DRAWN TO ENSURE INCOME FOR SCHOLARSHIPS FOR STUDENTS AND OTHER BOARD DESIGNATED SPENDING AS NEEDED TO ENHANCE THE EDUCATIONAL EXPERIENCE WE STRIVE TO PROVIDE. Part XII, Line 4b - Other Adjustments: Scholarships & Grants: 5269094. Private Gifts: 765794. Investment Return in Excess of amount designated for current operations: 479018. Cost of Goods Sold: 221847. Other Miscellaneous Grouping Differences: 27722. Net Unrealized Gains in Investments: -1772513. Change in Split Interest: -265677. Loss in Interest Swap: -31750. Part XIII, Line 4b - Other Adjustments: Scholarships & Grants: 5269094. Cost of Goods Sold: 221847. Other Miscellaneous Grouping Differences: 27722. 1 1 1 OUR RACIALLY NON-DISCRIMINATORY POLICY IS DISCLOSED ON OUR WEBSITE AND ON ALL APPLICATIONS FOR ADMISSION. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 MCPHERSON COLLEGE RECEIVES FEDERAL AID IN THE FORM OF PELL, SEOG, ACG, AND WORK STUDY GRANTS. 1 1 INSTITUTIONAL STUDENT SCHOLARSHIPS AND GRANTS 515 5268888 Other Information: Part IV: ALL SCHOLARSHIPS & GRANTS ARE AWARDED TO STUDENTS ATTENDING MCPHERSON COLLEGE. THESE SCHOLARSHIPS & GRANTS ARE NON-CASH AWARDS, REQUIRING THE AWARDS TO BE USED AS A DIRECT REDUCTION IN TUITION COST. X 0 1 X X X X 0 0 0 0 0 0 0 0 0 MICHAEL SCHNEIDER 134949 0 0 0 0 0 13495 0 17067 0 165511 0 0 0 Part I, Line 1a Under IRC Sect 119(a) the value of lodging provided in kind to an employee (the President) for the convenience of the employer is excludable from gross income if the employee is required to accept such lodging on the business premises of the employer as a condition of employment. The College requires and furnishes a home for the President use as a condition of his employment. The President is to use the home to entertain or hold meetings for board members, various college employees, potential donors, and students. This is a school policy and is part of his employment contract. The President has used the residence extensively for College business. He has an office in the house soley designated for College work that he uses each day and weekends. The President entertains the Trustees at each board meeting time at his home, not to mention various trustees which drop by continuously throughout the year. The President will hold cabinet meetings at the house periodically. Meetings with community officials occur frequently at the house. The President meets potential and long time donors at his home several times a month to secure contributions for the College. He holds a freshman seminar class at the home at several times a month. The President has also allowed students to stay at the house for short stays when needed. His home is always open to students to drop by and visit. The President performs a meaningful portion of his duties at his home. City oF MCPHERSON SERIES 2009 486019780 2009-08-03 6110000 REFINANCE OF EXISTING INDEBTEDNESS 0 0 6110000 6038500 71500 1 0 1 1 0 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 0 0 0 0 JOHN HOLTHUS TRUSTEE 4800 RENTAL PROPERTY MANAGEMENT FEES 0 X 6 7323 Fair Market Value X Parts & Equip 103 41350 Fair Market Value 0 1 1 Method for Determining Number of Contributors: Part I, Column (b): Number of Contributions was calculated using the total number of gifts. Third Party Use: Part I, Line 32b: STOCK DONATIONS ARE RECEIVED AT PEOPLE'S BANK & TRUST IN MCPHERSON, KANSAS. AFTER THE DONOR IS IDENTIFIED, THE BANK SELLS THE STOCK AND DEPOSITS THE PROCEEDS IN A SEPERATE ACCOUNT SET UP FOR THESE TRANSACTIONS LESS THEIR COMMISSION. Form 990, Part VI, Section A, line 7a BOARD OF DIRECTORS VOTES IN NEW DIRECTORS TO REPLACE EXITING ONES. Form 990, Part VI, Section A, line 7b BOARD COMMITTEE DECISIONS ARE VOTED ON BY ENTIRE BOARD FOR APPROVAL. Form 990, Part VI, Section B, line 11 A COPY OF THIS FORM 990 WAS REVIEWED BY THE VP FOR FINANCE AND THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS BEFORE BEING FILED. Form 990, Part VI, Section B, line 12c CONFLICTS OF INTEREST ARE REVIEWED PERIODICALLY FOR VIOLATIONS OF POLICIES. Form 990, Part VI, Section B, line 15 OFFICER AND KEY EMPLOYEE COMPENSATION DETERMINATION IS AIDED THROUGH THE USE OF COMPARATIVE DATA FROM SIMILAR SIZE ENTITIES AND INDEPENDENT DATA OBTAINED BY THE BOARD AND MANAGEMENT. Form 990, Part VI, Section C, line 19 THE GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE AUDIT IS REVIEWED EACH YEAR WITH BOTH THE AUDIT COMMITTEE AND THE FULL BOARD OF DIRECTORS. Form 990, Page 1, Box B Reason for Amended Return The purpose of the amended return is to correctly report the housing allowance in the President's income as shown on Schedule J. ASSOCIATED COLLEGES OF CENTRAL KANSAS 210 S MAIN MCPHERSON KS 67460 486127349 EDUCATIONAL SUPPORT KS 501(C)(3) 11(A) N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 ASSOCIATED COLLEGES OF CENTRAL KANSAS L 246447