2012-03-30T14:26:35-05:00 2011-06-30 990 2010-07-01 480543736 MCPHERSON COLLEGE MCPH 6202420453 1600 E EUCLID MCPHERSON KS 67460 MICHAEL P SCHNEIDER 6202420731 2012-03-30 2010 2016-02-24 21:20:13Z MICHAEL P SCHNEIDER 1600 E EUCLID MCPHERSON KS 67460 30094636 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. 25 25 487 0 0 0 3037217 3966174 13700943 16029278 1126665 1707597 212997 389116 18077822 22092165 5268888 6671842 0 0 5887513 7143608 14907 14368 652928 7206705 7905860 18378013 21735678 -300191 356487 50618591 56587976 9895119 11121824 40723472 45466152 X 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 620 STUDENTS. 0 0 16285201 6671842 17586462 MCPHERSON COLLEGE IS A PRIVATE FOUR-YEAR INSTITUTION WHICH PROVIDES EDUCATION IN 18 UNDERGRADUATE MAJORS FOR TWO DEGREES. THE COLLEGE PROVIDES APPROXIMATELY 620 STUDENTS WITH AN EDUCATIONAL OPPORTUNITY THAT EMPHASISES THE MISSION WHICH IS TO DEVELOP WHOLE PERSONS THROUGH SCHOLARSHIP, PARTICIPATION, AND SERVICE. 16285201 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 222 0 1 487 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WA X RICK TUXHORNCPA VICE PRESIDENT FOR FINANCE 6202420451 1600 E EUCLID PO BOX 1402 MCPHERSON KS 674601402 MICHAEL SCHNEIDER 45.00 X X 168872 0 48317 CRAIG A LITTLE PHD 1.00 X 0 0 0 RICHARD DOLL 1.00 X 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 X 0 0 0 JESSICA EVERTON 1.00 X X 0 0 0 PAULA VINCENT 1.00 X 0 0 0 VINCETTE GOERL 1.00 X 0 0 0 CRAIG HOLMAN 1.00 X 0 0 0 WILLIAM GROVE 1.00 X 0 0 0 KATHERINE MELHORN 1.00 X 0 0 0 ROBERTA STRICKLER 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 X 0 0 0 PAUL D ULLOM-MINNICH 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 KENT EATON 45.00 X 102980 0 10890 271852 0 59207 2 0 1 0 WAGONER CONSTRUCTION 803 TURKEY CREEK MCPHERSON KS 67460 CONSTRUCTION 1117152 1 696340 3269834 305711 3966174 TUITION AND FEES 611710 12484385 12484385 AUXILIARY ENTERPRISES 611710 3544893 3544893 16029278 539529 539529 12022 46504 -34482 -34482 -34482 7894104 1008625 7435217 299444 458887 709181 1168068 1168068 279361 221306 58055 58055 OTHER INCOME 611710 365543 365543 365543 22092165 16087333 0 2038658 6671842 6671842 286738 105000 181738 5423301 3457269 1663160 302872 438889 281130 134850 22909 628548 382391 190236 55921 366132 231335 114404 20393 82314 30 82284 24810 24810 116485 116485 14368 14368 190525 190525 377732 216696 161036 136996 35723 90280 10993 493907 21747 422286 49874 314766 251813 44067 18886 810412 648330 113457 48625 484115 222697 209458 51960 96332 37445 56495 2392 237786 237786 1155407 1039867 115540 242166 193733 33903 14530 AUXILARY EXPENSES 1139964 1139964 MISCELLANEOUS EXPENSES 669341 425321 204815 39205 GENERAL EDUCATIONAL EXP 642686 642686 GENERAL CO-CURRICULAR E 280182 280182 409934 409934 21735678 16285201 4797549 652928 2360200 2037791 891933 690895 1604850 239241 536589 1938634 905074 942480 12883 12513 39528650 19124558 19244534 20404092 19000580 23966582 5836647 6127722 225301 228026 50618591 56587976 50477 40887 256294 242660 5715000 5370000 800000 3873348 4668277 9895119 11121824 X 15670959 18947224 1026158 1119314 24026355 25399614 40723472 45466152 50618591 56587976 X 356487 4386193 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 26867043 1583233 5346189 545384 1274654 31976427 25566832 837758 2459262 555731 1441078 26867043 31290824 266319 -3150389 508425 2331497 25566832 0.21000 0.79000 0 0 3420336 3420336 28882786 15297543 13585243 7134690 3778821 3355869 90838 48194 42644 20404092 REAL ESTATE & FARM PROPERTY 4353905 C MISCELLANEOUS 492059 F VENTURE CAPITAL 1281758 F 6127722 OTHER ACCRUED EXPENSES 529474 STUDENT DEPOSITS 38825 SPLIT-INTEREST AGREEMENTS PAYABLE 2749537 US GOVERNMENT LOAN FUND REFUNDABLE 1350441 4668277 22092165 21735678 356487 4386193 4386193 4742680 19411660 4386193 221306 4607499 14804161 190525 7097479 7288004 22092165 14668980 221306 221306 14447674 190525 7097479 7288004 21735678 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. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: 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 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD INCLUDED IN REVENUE 221,306. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS & GRANTS 6,675,843. CHANGE IN SPLIT INTEREST AGREEMENTS INCLUDED IN REVENUE 409,933. OTHER 11,703. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 221,306. PART XIII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS & GRANTS 6,675,843. CHANGE IN SPLIT INTEREST AGREEMENTS INCLUDED IN REVENUE 409,933. OTHER 11,703. 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 OUR RACIALLY NON-DISCRIMINATORY POLICY IS DISCLOSED ON OUR WEBSITE AND ON ALL APPLICATIONS FOR ADMISSION. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 MCPHERSON COLLEGE RECEIVES FEDERAL AID IN THE FORM OF PELL, SEOG, ACG,WORK STUDY GRANTS, PERKINS LOANS AND DIRECT LOANS. 1 INSTITUTIONAL STUDENT SCHOLARSHIPS AND GRANTS 382 6671842 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 168872 0 0 0 0 0 16887 0 31430 0 217189 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 0 0 1 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 2 47113 FAIR MARKET VALUE X 2 234500 FAIR MARKET VALUE X PARTS & EQUIP 42 24098 FAIR MARKET VALUE 0 1 1 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 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. IF A CONFLICT ARISES THE TRUSTEES ARE RECUSED FROM THE VOTE. 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 4,386,193. THE AUDIT IS REVIEWED EACH YEAR WITH BOTH THE AUDIT COMMITTEE AND THE FULL BOARD OF DIRECTORS. 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 0 1 0 0 0 0 0 0 ASSOCIATED COLLEGES OF CENTRAL KANSAS L 218279