2011-04-08T15:41:23-05:00 2010-05-31 CLARK SCHAEFER HACKETT & CO 2525 N LIMESTONE STREET SPRINGFIELD OH 45503 990 2009-06-01 344427951 URBANA UNIVERSITY URBA 9374841390 579 COLLEGE WAY URBANA OH 43078 RHONDA WARD 9374841390 2011-04-05 1 John W McKinnon 9373992000 2011-04-05 2009 2016-02-24 21:20:13Z RHONDA WARD 579 COLLEGE WAY URBANA OH 43078 25068437 0 X www.urbana.edu X 1850 OH To offer a liberal arts education in a small college environment emphasizing student learning through individual attention, excellence in instruction, career-oriented programs, and critical reflection on moral and ethical values. 30 30 588 47 1550 -920 3687699 4521276 19659736 20466196 69144 50515 42870 10637 23459449 25048624 7976407 9007921 0 7658987 8652427 990 327623 8961160 7895713 24596554 25557051 -1137105 -508427 28627744 28399157 22280065 22541671 6347679 5857486 As an independent liberal arts institution, Urbana University's strength lies in its quality faculty, students, and curriculum supported by strong student services.Urbana University prepares students for a lifetime of leadership and service to society through excellent classroom instruction, real world experiences, community partnerships, and technology.It is the mission of Urbana University to offer a liberal arts education in a small college environment emphasizing student learning through individual attention, excellence in instruction, career-oriented programs, and critical reflection on moral and ethical values. 0 0 20613241 9007921 20475975 HIGHER EDUCATION - APPROXIMATELY 1,200 STUDENTS IN SIX EDUCATIONAL DIVISIONS, SIX OFF-CAMPUS SITES, AND TWO MASTERS-LEVEL PROGRAMS. 20613241 1 1 0 0 0 0 0 0 1 1 0 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 22 0 588 1 1 1 0 0 0 0 0 0 0 0 30 30 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 OH X The Organization 9374841395 579 COLLEGE WAY URBANA OH 43078 WILLIAM G EDWARDS 1.00 X X 0 0 0 FRANK G DOYLE III 1.00 X X 0 0 0 BETTY A MURRAY 1.00 X X 0 0 0 HERBERT C GREER 1.00 X X 0 0 0 ROBERT W BEAN 1.00 X 0 0 0 REV RONALD BRUGLER 1.00 X 0 0 0 ELIZABETH V COFFMAN 1.00 X 0 0 0 MICHAEL CONRAD 1.00 X 0 0 0 PATRICK FIELD 1.00 X 0 0 0 WILLIAM L FRAIM 1.00 X 0 0 0 DEBORAH HILL GRIMES 1.00 X 0 0 0 ROBERT G HARRISON 1.00 X 0 0 0 DR GARY J LAU 1.00 X 0 0 0 MICHAEL MAJOR 1.00 X 0 0 0 ALLEN R MAURICE 1.00 X 0 0 0 DIANE E MCCONNELL 1.00 X 0 0 0 MICHAEL G MINNICH 1.00 X 0 0 0 DR J STEVEN POLSLEY 1.00 X 0 0 0 KAY SLESINGER RICH 1.00 X 0 0 0 DAVE S ROSS 1.00 X 0 0 0 linda hilliker 1.00 X 0 0 0 WARREN STEVENS 1.00 X 0 0 0 CHARLES L SWEETING 1.00 X 0 0 0 JOHN L TITUS 1.00 X 0 0 0 JAMES C WEHRMAN 1.00 X 0 0 0 WILLIAM N WHITE 1.00 X 0 0 0 ron dodson 1.00 X 0 0 0 tony joy 1.00 X 0 0 0 charles w WINTER 1.00 X 0 0 0 ken marsenburg 1.00 X 0 0 0 stephen b jones 40.00 X 244615 0 51814 rhonda ward 40.00 X 72489 0 10233 317104 0 62047 1 0 1 0 NETGAIN INC 484 E MIAMI STREET DEGRAFF OH 43318 IT SERVICES 697178 WALLACE AND TURNER INC 30 WARDER STREET SUITE 200 SPRINGFIELD OH 45504 INSURANCE 373028 KAPP CONSTRUCTION INC 329 MT VERNON AVE SPRINGFIELD OH 45501 CONSTRUCTION 118535 3 2075 3357777 1161424 4521276 TUITION/FEES 611310 17612572 17612572 AUXILIARY SERVICES 644310 2853624 2853624 20466196 50868 50868 2600 2953 -353 -353 -353 16168 2075 16860 -692 -692 MISCELLANEOUS INCOME 611710 9779 9779 ADVERTISING INCOME 541800 1550 1550 11329 25048624 20475975 1550 49823 9007921 9007921 377255 326828 42844 7583 6252161 5416445 710044 125672 244135 211502 27726 4907 1290526 1118024 146562 25940 488350 423073 55461 9816 27906 27906 990 990 1893655 1114131 774327 5197 63604 8317 54879 408 129729 73057 53193 3479 460452 68221 392231 784479 441779 321661 21039 249749 22559 224251 2939 1124901 1124901 1099076 952164 124820 22092 381712 330689 43350 7673 OTHER SERVICE EXPENSES 1015302 810140 203226 1936 SUPPLIES AND EQUIPMENT 386987 90081 288805 8101 ATHLETICS 198310 198310 FUNDRAISING EXPENSES 79851 79851 25557051 20613241 4616187 327623 683763 862391 1021807 1227422 2770127 2630790 1485654 1561431 5066 6250 17960 33670264 13159494 21008325 20510770 131120 148817 1216922 1199742 304960 233584 28627744 28399157 2100320 2156009 1214151 1152086 5215000 5100000 181032 184253 12924732 13298105 644830 651218 22280065 22541671 X 4801670 4259537 1414889 1449131 131120 148818 6347679 5857486 28627744 28399157 X 0 1 0 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 1464988 13891 42302 46411 1474770 1587426 5266 -457 127247 1464988 0.81200 0.10100 0.08700 0 0 260900 260900 27377422 9208233 18169189 4468885 3951261 517624 1563057 1563057 20510770 OBLIGATION UNDER INTEREST RATE SWAP 651218 651218 25048624 25557051 -508427 18616 -12770 12388 18234 -490193 16060011 18616 18616 16041395 9007229 9007229 25048624 16549822 0 16549822 9007229 9007229 25557051 Part IV, Line 2b: URBANA UNIVERSITY MAINTAINS AND HOLDS FUNDS ON THE BEHALF OF VARIOUS STUDENT AND ON-CAMPUS ORGANIZATIONS, SUCH AS FRATERNATIES AND SORORITIES. Part V, Line 4: Description of Intended Use of Endowment Funds: FINANCIAL AID We work with students and their families to make an Urbana University education more affordable. Scholarships, grants, work-study jobs and loans help students defray the cost of a college education. In fact, more than 90% of all Urbana University students receive some type of financial assistance. Our financial assistance program ensures that our first priority is to our students. The staff in the Financial Aid Office understand that a college education is a big investment; we work with our students to assist them on their way toward a professional career. SCHOLARSHIPS, TUITION, & FEES Urbana University is an outstanding value for those students seeking postsecondary education from a private university and is ranked as one of the most affordable private universities in Ohio. We offer our students a variety of scholarship opportunities through academic merit, the performing arts and athletic program. Part X: Description of Uncertain Tax Positions Under FIN 48: Accounting for uncertainty for income taxes: On June 1, 2009, the University adopted the provisions of accounting for uncertainty in income taxes. Those provisions clarify the accounting and recognition for income tax positions taken or expected to be taken in University's annual reporting returns. The University's reporting returns are subject to audit by federal and state taxing authorities. Open audit periods are 2006 - 2008. No income tax provision has been included in the financial statements as the University has determined it does not have unrelated business income subject to taxation or any uncertain tax positions. Part XI, Line 8 - Other Adjustments: chANGE IN FAIR VALUE OF INTEREST RATE SWAP: 12388. Part XII, Line 4b - Other Adjustments: scholarships AND awards: 5911638. UNIVERSITY STUDENT SCHOLARSHIPS AND AWARDS: 3095591. Part XIII, Line 4b - Other Adjustments: scholarships & awards: 5911638. UNIVERSITY STUDENT SCHOLARSHIPS AND AWARDS: 3095591. 1 1 1 COMMUNICATED IN LITERATURE TO STUDENTS AND PROSPECTIVE STUDENTS AS THEY ARE RECRUITED TO ATTEND URBANA UNIVERSITY. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 THE UNIVERSITY RECEIVES FUNDS FROM THE STUDENT FINANCIAL AID CLUSTER, AID FOR FEDERAL PELL GRANTS, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, FEDERAL WORK/STUDY PROGRAMS, AND THE PERKINS LOAN PROGRAM. 1 RUSSIAN NIGHTS FUNDRAISER 18243 2075 16168 0 0 15003 0 1857 0 18243 2075 16168 15003 1857 16860 -692 1 STATE GRANTS 302 505344 FEDERAL GRANTS 570 2258055 URBANA UNIVERSITY SCHOLARSHIPS 671 6049809 ENDOWMENT SCHOLARSHIPS 45 85626 PRIVATE DONOR SCHOLARSHIPS 106 109087 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: THE UNIVERSITY STUDENT FINANCIAL SERVICES OFFICE MAINTAINS RECORDS TO SUBSTANTIATE THE AMOUNTS OF GRANTS AND SCHOLARSHIPS INCLUDING ELIGIBILTIY AND SELECTION CRITERIA. THIS OFFICE ENSURES THAT FUNDS ARE PROPERLY CREDITED TO STUDENT ACCOUNTS AND MONITORS STUDENTS' CONTINUING ELIGIBILITY TO RECEIVE FINANCIAL ASSISTANCE. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 stephen b jones 242708 0 0 0 1907 0 16058 0 35756 0 296429 0 0 0 Part I, Line 1a THE UNIVERSITY PROVIDES THE UNIVERSITY PRESIDENT HOUSING AT A UNIVERSITY OWNED PROPERTY. THE VALUE OF THIS BENEFIT IS INCLUDED IN THE PRESIDENTS TOTAL COMPENSATION. STATE OF OHIO- THE OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756AWQ1 2006-06-29 5430000 CONSTRUCTION OF A NEW STUDENT RESIDENCE HALL ON CAMPUS 0 0 5430000 39138 225985 4875000 2007 0 0 1 1 0 1 0 0 0 0 PATRICK FIELD URBANA UNIVERSITY TRUSTEE 373028 SHAREHOLDER OF WALLANCE AND TURNER INSURANCE AGENCY- PROVIDER OF UNIVERSITY INSURANCE POLICIES 0 MICHAEL MINNICH URBANA UNIVERSITY TRUSTEE 697178 OWNER OF NETGAIN, INC.- PROVIDER OF INFORMATION TECHNOLOGY SERVICES FOR THE UNIVERSITY. 0 Form 990, Part VI, Section A, line 8b FORM 990, PAGE 6, PART VI, LINE 8B: MINUTES ARE NOT KEPT FOR UNIVERSITY BOARD COMMITTEE MEETINGS. IF ITEMS REQUIRE ACTION, A MOTION IS PRESENTED AND PASSED DURING THE COMMITTEE MEETING. THE MOTIONS ARE THEN PRESENTED AT THE NEXT FULL BOARD MEETING BY THE COMMITTEE CHAIR AND PASSED ACCORDINGLY. THE MOTIONS WOULD THEN BE PRESENTED IN THE MINUTES OF THE APPROPRIATE FULL BOARD MEETING. Form 990, Part VI, Section B, line 11 FORM 990, PART VI, LINE 10: FORM 990 IS FORWARDED VIA ELECTRONIC MAIL OR U.S. MAIL TO EACH BOARD MEMBER FOR HIS/HER REVIEW PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990 IS ALSO REVIEWED AND DISCUSSED BY THE EXECUTIVE COMMITTEE AND/OR THE FINANCE COMMITTEE PRIOR TO FILING. EACH COMMITTEE HAS AUTHORITY TO ACT ON BEHALF OF THE BOARD TO DIRECT THE CFO TO FILE FORM 990. Form 990, Part VI, Section B, line 12c when the board of trustees becomes aware of issues Form 990, Part VI, Section B, line 15 AN INDEPENDENT CONSULTANT OVER THE PAST YEAR HAS DONE A MARKET ASSESSMENT TO ESTABLISH COMPETITIVE WAGE RATES. Form 990, Part VI, Section C, line 18 REQUESTS FOR A COPY OF THE FORM 990 FOR ANY FISCAL YEAR MAY BE MADE BY TELPHONE, ELECTRONIC MAIL, U.S. MAIL OR IN PERSON. REQUESTS WILL BE HONORED WITHIN 5 WORKING DAYS. A NOMINAL FEE MAY BE CHARGED TO COVER THE COST OF COPYING. Form 990, Part VI, Section C, line 19 COPIES OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS MAY BE REQUESTED BY TELEPHONE, ELECTRONIC MAIL, U.S. MAIL OR IN PERSON. REQUESTS WILL BE HONORED WITHIN 5 WORKING DAYS. A NOMINAL FEE MAY BE CHARGED. URBANA UNIVERSITY FOUNDATION 579 COLLEGE WAY URBANA OH 43078 311607087 TO PROVIDE SCHOLARSHIPS OH 501(C)(3) LINE 11- TYPE 2 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 urbana university foundation C 75640