2011-06-10T22:49:05-05:00 2010-07-31 ILLINOIS WESLEYAN UNIVERSITY 303 E EMERSON ST BLOOMINGTON IL 617011730 990 2009-08-01 370662594 ILLINOIS WESLEYAN UNIVERSITY ILLI 3095563449 PO BOX 2900 BLOOMINGTON IL 61702 DANIEL P KLOTZBACH 3095563449 2010-12-03 2011-06-10 2009 2016-02-24 21:20:13Z RICHARD F WILSON 1312 PARK STREET BLOOMINGTON IL 61701 75316001 false X WWW.IWU.EDU X 1850 IL THE UNIVERSITY STRIVES TO ATTAIN THE IDEAL OF A LIBERAL EDUCATION WHILE PROVIDING UNIQUE OPPORTUNITIES WITH ITS DISTINCTIVE CURRICULA AND PROGRAMS. A LIBERAL EDUCATION FOSTERS CREATIVITY, CRITICAL THINKING, EFFECTIVE COMMUNICATION, STRENGTH OF CHARACTER AND A SPIRIT OF INQUIRY; IT DEEPENS THE SPECIALIZED KNOWLEDGE OF A DISCIPLINE WITH A COMPREHENSIVE WORLD VIEW. 39 38 2488 333 218138 -6787 23291716 7341161 55907390 55914069 -5597608 2639717 1208361 1384473 74809859 67279420 0 0 40653099 39954340 0 3703992 33380994 31238657 74034093 71192997 775766 -3913577 319581655 324890572 123157884 121880322 196423771 203010250 THE UNIVERSITY STRIVES TO ATTAIN THE IDEAL OF A LIBERAL EDUCATION WHILE PROVIDING UNIQUE OPPORTUNITIES WITH ITS DISTINCTIVE CURRICULA AND PROGRAMS. A LIBERAL EDUCATION FOSTERS CREATIVITY, CRITICAL THINKING, EFFECTIVE COMMUNICATION, STRENGTH OF CHARACTER AND A SPIRIT OF INQUIRY; IT DEEPENS THE SPECIALIZED KNOWLEDGE OF A DISCIPLINE WITH A COMPREHENSIVE WORLD VIEW. false false 63904797 59938259 INSTRUCTION TO OVER 2,050 STUDENTS FOR BACCALAUREATE DEGREES IN THE LIBERAL ARTS AND SCIENCES, NURSING, FINE ARTS, DRAMA AND MUSIC. STUDENT SERVICES INCLUDE EDUCATION, HOUSING, AND BOARD. 63904797 true true false false false false true false true true true false true false true false false false false false false false false true true false false false false false false false false false false true true false false false false false false false true 222 0 true 2488 true true true false false false false true true false false false 39 38 false false true false false false false true true false false true true true true true true true true false X JOHN BRYANT 3095563449 1312 PARK STREET BLOOMINGTON IL 61701 RICHARD F WILSON 40.00 X X 282950 0 45465 RICHARD AMES 2.00 X 0 0 0 PATRICIA ARMSTRONG 2.00 X 0 0 0 JEAN BAIRD 2.00 X 0 0 0 PHYLLIS BARKER 2.00 X 0 0 0 THOMAS BROWN 2.00 X 0 0 0 WILLIE BROWN 2.00 X 0 0 0 CATHY CARSWELL 2.00 X 0 0 0 MICHAEL CLARK 2.00 X 0 0 0 GILBERT DORSEY 2.00 X 0 0 0 JOHN ESCH 2.00 X 0 0 0 ROBERT EVANS 2.00 X 0 0 0 JUDITH FAVELL 2.00 X 0 0 0 ROBERT FIELD 2.00 X 0 0 0 TODD FRENCH 2.00 X 0 0 0 DAVID GAFFRON 2.00 X 0 0 0 HERBERT GETZ 2.00 X 0 0 0 THOMAS HANSEN 2.00 X 0 0 0 JOHN HORTON 2.00 X 0 0 0 REBIE KINGSTON 2.00 X 0 0 0 W THOMAS LAWRENCE 2.00 X 0 0 0 KATHY LEWTON 2.00 X 0 0 0 THOMAS MCKINNEY JR MD 2.00 X 0 0 0 THOMAS NEIS 2.00 X 0 0 0 BISHOP GREGORY PALMER 2.00 X 0 0 0 DAVID PETRICK 2.00 X 0 0 0 J WILLIAM ROBERTS 2.00 X 0 0 0 RONALD RUECKER MD 2.00 X 0 0 0 EDWARD RUST JR 2.00 X 0 0 0 JAMES SHIRK 2.00 X 0 0 0 DALE SPIESS 2.00 X 0 0 0 MYRTIS SULLIVAN 2.00 X 0 0 0 CARLINA TAPIA-RUANO 2.00 X 0 0 0 MICHAEL TIPSORD 2.00 X 0 0 0 GEORGE VINYARD 2.00 X 0 0 0 STEVEN WANNEMACHER 2.00 X 0 0 0 SUSAN WARING 2.00 X 0 0 0 DAVID WILKINS 2.00 X 0 0 0 L TRACY WYCH 2.00 X 0 0 0 BETH CUNNINGHAM 40.00 X 168012 0 34615 MARTIN SMITH 40.00 X 156000 0 39365 DANIEL P KLOTZBACH 40.00 X 153300 0 39044 BENJAMIN RHODES 40.00 X 148887 0 38952 ROGER SCHNAITTER 40.00 X 141402 0 37797 KATHRYN CAVINS 40.00 X 126000 0 29239 MILLARD JORGENSON 40.00 X 124789 0 30055 MELVYN JETER 40.00 X 124696 0 35601 1426036 330133 28 false true false SHEPLEY BULFINCH RICHARDSON & ABBO 2 SEAPORT LANE BOSTON MA 02210 ARCHITECTS 298666 NORTHERN TRUST COMPANY 50 S LA SALLE STREET CHICAGO IL 60675 CUSTODIAN/LOC 292699 ROYALL & COMPANY 1920 EAST PARHAM ROAD RICHMOND VA 23228 ADMISSIONS CONS 277617 SUNGARD HE 14083 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 IT CONSULTING 221699 KPMG LLP PO BOX 120001 DEPT 0970 DALLAS TX 753120970 ACCOUNTINGAUDIT 154127 7 801410 6539751 1229809 7341161 NET TUITION AND FEES 41795600 41795600 AUXILLIARY ENTERPRISES 12452239 12452239 OTHER EDUCATION AND GENERAL 1095859 1095859 AUXILLIARY ENT-ROOM CREDITS 277310 277310 AUXILLIARY ENTERPR 990T INCOM 722320 218138 218138 74923 74923 55914069 1505656 1505656 1605578 390928 1214650 1214650 1214650 8779714 7645653 1134061 1134061 1134061 STUDENT LOAN INTEREST 169823 169823 169823 67279420 58505471 218138 1214650 760262 462787 297475 30915342 27145215 1782691 1987436 1228575 1042635 103219 82721 4963884 4311201 349606 303077 2086277 1794323 146252 145702 160128 160128 127834 127834 97710 97710 441935 314727 50020 77188 76250 45284 12436 18530 2911162 2471311 42617 397234 457157 279378 167377 10402 4592 4592 6248468 6222312 2919 23237 1052088 846250 28717 177121 731168 682599 18015 30554 3518088 3518088 4855732 4855732 990727 988522 2205 AUXILIARY ENTERPRISES EXP 5304413 5304413 TUITION EXTERNAL PROGRAMS 1433569 1433569 TUITION REMISSION 1353784 1353784 ADMISSION APPLICATION SRV 359816 359816 POSTAGE/MAILING EXP 326195 259642 875 65678 787841 671404 28800 87637 71192997 63904797 3584208 3703992 50535 65472 19498316 9073587 12052294 9168103 879286 872692 8125327 8666098 707415 704897 2558636 2286990 236089143 71254122 166050561 164835021 107547259 126856998 2112026 2360714 319581655 324890572 2584622 2285371 9103767 8923828 80292599 78939526 31176896 31731597 123157884 121880322 X 109744463 117372414 21539224 19844946 65140084 65792890 196423771 203010250 319581655 324890572 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false 835716 X false false false 167969559 1248996 15803495 8965815 61266 414584 175580385 161019859 4674194 12228499 9476423 45739 430831 167969559 0.53000 0.43000 0.04000 true false false 39160123 8027994 47188117 1954572 168888770 71254122 99589220 18057684 18057684 164835021 ACCRUED POSTRETIREMENT BENEFITS 12115000 ANNUITIES PAYABLE 11704601 REFUNDABLE US GOVERNMENT GRANTS 3897506 ASSET RETIREMENT OBLIGATION 2746749 INTEREST RATE SWAP 857393 AGENCY FUNDS 410348 31731597 67279420 71192997 -3913577 11308009 -807953 10500056 6586479 79062951 11308009 475522 11783531 67279420 67279420 72476472 1283475 1283475 71192997 71192997 INTENDED USES FOR ENDOWMENT FUNDS SCHEDULE D, PAGE 2, PART V, LINE 4 ENDOWMENT FUNDS ARE INTENDED TO PROVIDE FINANCIAL SUPPORT FOR SCHOLARSHIPS, SCHOLARLY ACHIEVEMENT, PROGRAM SUPPORT AND OTHER FUNCTIONS OF THE UNIVERSITY CONSISTENT WITH DONOR INTENT. FINANCIAL SUPPORT IS PROVIDED FROM INVESTMENT INCOME OF THE ENDOWED CORPUS, WHICH IS INVESTED TO PROVIDE INCOME IN PERPETUITY. RECONCILIATION OF CHANGES - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 8 CHANGE IN SPLIT INTEREST AGREEMENT OBLIGATIONS 0 CHANGE IN PRESENT VALUE OF SWAP AGREEMENT 475,522 CHANGE IN SPLIT INTEREST AGREEMENT OBLIGATIONS -1,069,475 RECOGNITION OF CHANGE IN POSTRETIRMENT FUNDED STATUS -214,000 REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 2D CHANGE IN SPLIT INTEREST AGREEMENT OBLIGATIONS 0 CHANGE IN PRESENT VALUE OF SWAP AGREEMENT 475,522 EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XIII, LINE 2D CHANGE IN SPLIT INTEREST AGREEMENT OBLIGATIONS 1,069,475 RECOGNITION OF CHANGE IN POSTRETIRMENT FUNDED STATUS 214,000 true true true THE UNIVERSITY'S ADMISSION BROCHURE INCLUDES OUR EQUAL OPPORTUNITY STATEMENT. THIS BROCHURE IS DISTRIBUTED TO PROSPECTIVE STUDENTS AND AVAILABLE TO WHOMEVER MAY REQUEST IT. true true true true false false false false false false false false true false THE UNIVERSITY ADMINISTERS FINANCIAL AID GRANTS FROM THE FEDERAL GOVERNMENT AND STATE OF ILLINOIS INCLUDING FEDERAL COLLEGE WORK STUDY. THE UNIVERSITY RECEIVES INDIRECT COST SHARE AS PART OF RESEARCH GRANTS FROM VARIOUS GOVERNMENTAL AGENCIES LIKE THE NATIONAL SCIENCE FOUNDATION. true false LONDON, ENGLAND PROGRAM SERVICE STUDY ABROAD 228564 228564 X X X true true X X X false false false false false false false false false RICHARD F WILSON 282950 45465 328415 BETH CUNNINGHAM 168012 34615 202627 MARTIN SMITH 156000 39365 195365 DANIEL P KLOTZBACH 153300 39044 192344 BENJAMIN RHODES 148887 38952 187839 ROGER SCHNAITTER 141402 37797 179199 KATHRYN CAVINS 126000 29239 155239 MILLARD JORGENSON 124789 30055 154844 MELVYN JETER 124696 35601 160297 FRINGE OR EXPENSE EXPLANATION SCHEDULE J, PAGE 1, PART I, LINE 1A TRAVEL FOR COMPANIONS - SPOUSAL TRAVEL IS LIMITED TO OCCASIONS THAT HAVE A BUSINESS PURPOSE AND THE DOCUMENTATION IS REQUIRED WITH EXPENSE VOUCHER TO SUPPORT THE BUSINESS PURPOSE. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE - THE PRESIDENT IS PROVIDED A RESIDENCE ON CAMPUS AND IS REQUIRED TO LIVE IN THIS RESIDENCE PER EMPLOYMENT CONTRACT. THIS RESIDENCE IS USED TO HOST SEVERAL UNIVERSITY SPONSORED FUNCTIONS THROUGHOUT THE YEAR. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES - COUNTRY CLUB DUES ARE REIMBURSED FOR THE PRESIDENT AND VICE PRESIDENT FOR ADVANCEMENT. MEMBERSHIP IN THIS COUNTRY CLUB IS A CONDITION OF EMPLOYMENT AND IS DEEMED CRITICAL FOR FUNDRAISING AND COMMUNITY SUPPORT. ILLINOIS EDUCATIONAL FACILITIES AUT 370662594 045200BXR 2006-02-01 14260000 REFINANCE SERIES 97 false false ILLINOIS EDUCATIONAL FACILITIES AUT 370662594 045200BR7 2006-12-01 31930000 REFINANCE SERIES 200 false false ILLINOIS FACILITIES AUTHORITY 370662594 45200FLF4 2008-06-24 30410000 REFINANCE SERIES 200 false false 13518999 28646513 426680 2008 false false true true 31102869 873278 2008 false false true true 28084653 315379 2004 false false true true false false false false false true false false false false false true false false false false false true false false false false false false false false false false false false false true false false false false X 1 APPRAISED VALUE X 24 FAIR MARKET VALUE X GRAND PIANO 1 1229809 APPRAISED VALUE X CELLO 1 APPRAISED VALUE X OTHER 20 FAIR VALUE 27 false false true THIRD PARTY USED TO PROCESS NONCASH CONTRIBUTIONS SCHEDULE M, PAGE 1, PART I, LINE 32B MAINTAIN A BROKERAGE ACCOUNT WITH WELLS FARGO ADVISORS TO RECEIVE AND LIQUIDATE GIFTS OF MARKETABLE SECURITIES. ORGANIZATION'S MISSION FORM 990 - ORGANIZATION'S MISSION THE UNIVERSITY STRIVES TO ATTAIN THE IDEAL OF A LIBERAL EDUCATION WHILE PROVIDING UNIQUE OPPORTUNITIES WITH ITS DISTINCTIVE CURRICULA AND PROGRAMS. A LIBERAL EDUCATION FOSTERS CREATIVITY, CRITICAL THINKING, EFFECTIVE COMMUNICATION, STRENGTH OF CHARACTER AND A SPIRIT OF INQUIRY; IT DEEPENS THE SPECIALIZED KNOWLEDGE OF A DISCIPLINE WITH A COMPREHENSIVE WORLD VIEW. EXPLANATION ON VOLUNTEERS AND TYPES OF SERVICES OR BENEFITS FORM 990, PAGE 1, PART I, LINE 6 VOLUNTEERS PARTICIPATE IN VARIOUS ACADEMIC, CAMPUS AND ALUMNI EVENTS LIKE HOMECOMING AND ALUMNI RELATIONS CONNECTIONS EVENTS. ACADEMIC VOLUNTEERS SPEAK TO CLASSES, ACT AS MENTORS AND HOST STUDENT VISITS TO VARIOUS WORKPLACES. SIGNIFICANT CHANGES TO ORGANIZATIONAL DOCUMENTS FORM 990, PAGE 6, PART VI, LINE 4 ON FEBRUARY 9, 2010 THE BOARD OF TRUSTEES APPROVED AMENDMENTS TO THE BY-LAWS TO THE FOLLOWING ARTICLES. 1. ARTICLE II, MEMBERSHIP OF THE BOARD, SECTION 1, WAS AMENDED TO REDUCE THE NUMBER OF CONFIRMED TRUSTEES BY THE ILLINOIS GREAT RIVER CONFERENCE OF THE UNITED METHODIST CHURCH FROM SIX TO THREE AND INCLUDE A PREFERENCE TO ONE OF THE THREE TO BE A MEMBER OF THE CLERGY. 2. ARTICLE II, MEMBERSHIP OF THE BOARD, SECTION 1, AMENDED THE NUMBER OF TRUSTEES CONFIRMED BY THE ILLINOIS GREAT RIVER CONFERENCE OF THE UNITED METHODIST CHURCH TO INCLUDE AT LEAST ONE ORDAINED MINISTER, DOWN FROM THREE ORDAINED MINISTERS. 3. ARTICLE V, COMMITTEES OF THE BOARD, SECTION 6, WAS AMENDED TO REDUCE THE SIZE OF THE EXECUTIVE COMMITTEE FROM TEN MEMBERS TO NINE MEMBERS BY REMOVING THE BISHOP OF THE ILLINOIS GREAT RIVER CONFERENCE OF THE UNITED METHODIST CHURCH. 1. ARTICLE VI, ADMINISTRATION OF THE UNIVERSITY, SECTION 1, WAS AMENDED TO CHANGE THE COMPOSITION OF A SPECIAL AD HOC COMMITTEE TO NOMINATE THE PRESIDENT OF THE UNIVERSITY. APPOINTMENT OF THE COMMITTEE MEMBERS REMAINS WITH THE PRESIDENT OF THE BOARD. ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11 IT IS THE POLICY OF THE BOARD OF TRUSTEES OF ILLINOIS WESLEYAN UNIVERSITY THAT THE AUDIT COMMITTEE SHALL REVIEW INTERNAL REVENUE SERVICES FORM 990 PRIOR TO FILING IT WITH THE IRS. ONCE THE AUDIT COMMITTEE HAS REVIEWED IRS FORM 990, A COPY SHALL BE MADE AVAILABLE TO ALL BOARD MEMBERS PRIOR TO FILING OF FORM 990. BOARD MEMBERS SHALL EXERCISE THEIR BEST EFFORT TO REVIEW FORM 990. BOARD MEMBERS WHO HAVE COMMENTS OR REVISIONS TO FORM 990 SHALL SUBMIT THOSE COMMENTS OR REVISIONS TO THE AUDIT COMMITTEE CHAIR OR VICE CHAIR NO LATER THAN ONE WEEK FOLLOWING NOTIFICATION OF THE AVAILABILITY OF THE FORM 990 BEING POSTED FOR REVIEW. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C AN ANNUAL CONFLICT OF INTEREST STATEMENT IS COLLECTED FROM TRUSTEES AND KEY EMPLOYEES. REMINDERS ARE SENT TO TRUSTEES AND KEY EMPLOYEES WITH OUTSTANDING STATEMENTS UNTIL RECEIVED. CONFLICTS DISCLOSED ARE REVIEWED AND MONITORED. TRUSTEES ABSTAIN FROM VOTING WHEN A VOTE IS REQUIRED AND THE TRUSTEE HAS A CONFLICT OF INTEREST. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A THE PRESIDENT'S SALARY IS APPROVED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES AND A WRITTEN AGREEMENT IS SIGNED BY BOTH PARTIES. SALARY AMOUNT IS BASED ON, BUT NOT LIMITED TO: PRIOR SALARY, BUDGETED COMPENSATION INCREASE TO ALL EMPLOYEES OF THE UNIVERSITY, PERFORMANCE, CHANGES IN RESPONSIBILITY, COMPARATIVE DATA FROM CUPA AND OTHER RELEVANT FACTORS AS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B VICE PRESIDENTS SALARIES ARE APPROVED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. SALARY AMOUNTS ARE BASED ON, BUT NOT LIMITED TO: PRIOR SALARY, BUDGETED COMPENSATION INCREASE TO ALL EMPLOYEES OF THE UNIVERSITY, PERFORMANCE, CHANGES IN RESPONSIBILITY, COMPARATIVE DATA FROM CUPA AND OTHER RELEVANT FACTORS AS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 THE UNIVERSITY DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. REQUESTS FOR SUCH DATA ARE REVIEWED AND INFORMATION IS PROVIDED IF DEEMED APPROPRIATE. FINANCIAL AID OR GOVERNMENT ASSISTANCE EXPLANATION SCHEDULE E, LINE 6 THE UNIVERSITY ADMINISTERS FINANCIAL AID GRANTS FROM THE FEDERAL GOVERNMENT AND STATE OF ILLINOIS INCLUDING FEDERAL COLLEGE WORK STUDY. THE UNIVERSITY RECEIVES INDIRECT COST SHARE AS PART OF RESEARCH GRANTS FROM VARIOUS GOVERNMENTAL AGENCIES LIKE THE NATIONAL SCIENCE FOUNDATION.