2011-10-05T12:27:03-05:00 2011-06-30 VARNEY & ASSOCIATES CPAS LLC 120 NORTH JULIETTE MANHATTAN KS 665026092 990 2010-07-01 480776300 THE K-STATE UNION CORPORATION D/B/A K-STATE STUDENT UNION K-ST 7855326575 221 ANDERSON HALL MANHATTAN KS 66506 BRUCE SHUBERT 7855326575 2011-09-29 1 AMANDA MUNTZ 7855372202 2010 2016-03-07 17:11:31Z WILLIAM E SMRIGA 221 ANDERSON HALL MANHATTAN KS 66506 8387776 0 X WWW.UNION.KSU.EDU X 1964 KS THE ORGANIZATION'S PRIMARY PURPOSE IS TO PROVIDE PRODUCTS AND SERVICES TO THE KANSAS STATE UNIVERSITY COMMUNITY TO MEET ITS EDUCATIONAL MISSION. 8 8 213 50 0 0 90717 42853 3514317 3615121 22273 39594 1102235 1070572 4729542 4768140 3774 4883 0 0 2927835 2851976 0 0 0 1931475 1840630 4863084 4697489 -133542 70651 3494636 4587807 1246525 2269045 2248111 2318762 THE ORGANIZATION'S PRIMARY PURPOSE IS TO PROVIDE PRODUCTS AND SERVICES TO THE KANSAS STATE UNIVERSITY COMMUNITY TO MEET ITS EDUCATIONAL MISSION. 0 0 4582651 42853 4685693 COSTS OF PROVIDING PRODUCTS AND SERVICES TO THE KANSAS STATE UNIVERSITY ACADEMIC COMMUNITY TO MEET ITS EDUCATIONAL MISSION, INCLUDING: COMPUTER STORE, DINING SERVICES, BOOK STORE, ROOM RENTALS, RECREATION, ETC. 4582651 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 57 0 213 1 0 0 0 0 0 0 0 0 X 8 8 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X JACK THOMAN 7855326575 221 ANDERSON HALL MANHATTAN KS 66506 JEFFREY HYDER 5.00 X 0 0 0 JOHN REINERT 5.00 X 0 0 0 LUKE FANGMAN 5.00 X 0 0 0 DR TOM ROBERTS 1.00 X 0 95298 0 BILL MUIR 1.00 X 0 42317 0 DR PAT BOSCO 1.00 X 0 186450 0 BRUCE SHUBERT 1.00 X 0 185015 0 KIRK SCHULTZ 1.00 X 0 347386 0 BERNARD PITTS 1.00 X X 127774 0 0 127774 856466 0 1 0 1 0 COMPASS GROUP KANSAS STATE UNION MANHATTAN KS 66506 FOOD SERVICE 425871 1 42853 42853 STUDENT FEE REVENUE 611310 2214277 2214277 OTHER PROGRAM SERVICE 611310 1400844 1400844 3615121 39594 39594 608136 608136 608136 608136 4082072 3619636 462436 462436 4768140 4685693 0 39594 4883 4883 2249317 2249317 90249 90249 373608 373608 138802 138802 49592 49592 229180 229180 19909 19909 205690 205690 50549 50549 SERVICES 349800 349800 UTILITIES 293151 293151 INSTITUTIONAL SUPPORT 180749 180749 RENTAL/REPAIR 171595 171595 BANK SERVICE CHARGES 88361 88361 202054 195486 6568 4697489 4582651 114838 0 153070 188767 1803611 2048174 353613 279497 416103 435814 58049 40608 6647554 5056370 701867 1591184 8323 3763 3494636 4587807 1024802 1177014 221723 1047031 45000 1246525 2269045 X 1850157 1889277 397954 429485 2248111 2318762 3494636 4587807 70651 0 X X 0 1 1 X 0 X X X 0 0 0 KANSAS STATE UNIVERSITY 480771751 509(A)(3) 1 0 1 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 301971 42228 36087 -15354 364932 265594 32284 17557 -13464 301971 277880 49804 -59387 -2703 265594 1 0 751073 751073 5896481 5056370 840111 1591184 4768140 4697489 70651 0 70651 4768140 0 4768140 0 4768140 4697489 0 4697489 0 4697489 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE UNION IS A NOT-FOR-PROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAXES UNDER CODE SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. FASB ASC 740-10-05 CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS. THIS TOPIC PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THIS TOPIC ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. THE UNION HAS NOT IDENTIFIED ANY UNCERTAINTIES IN FEDERAL OR STATE INCOME TAXES FOR ANY OPEN TAX YEARS AS OF JUNE 30, 2011 AND 2010. THE UNION IS NO LONGER SUBJECT TO FEDERAL AND STATE TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2008. NO AUTHORITIES HAVE COMMENCED INCOME TAX EXAMINATIONS AS OF JUNE 30, 2011. 0 0 0 0 0 0 0 0 0 DR PAT BOSCO 0 186450 0 0 0 0 0 0 0 0 0 186450 0 0 BRUCE SHUBERT 0 185015 0 0 0 0 0 0 0 0 0 185015 0 0 KIRK SCHULTZ 0 347386 0 0 0 0 0 0 0 0 0 347386 0 0 FORM 990, PART VI, SECTION A, LINE 2 BILL MUIR, PAT BOSCO, BRUCE SHUBERT, DR. TOM ROBERTS AND KIRK SCHULTZ ARE ALL EMPLOYEES OF KANSAS STATE UNIVERSITY FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE 990 IS PRESENTED TO THE CORPORATE BOARD FOR APPROVAL PRIOR TO THE RETURN BEING E-FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MONITORING OF COMPLIANCE WITH THIS POLICY IS HANDLED BY THE KANSAS STATE UNIVERSITY ADMINISTRATION AND HUMAN RESOURCES DEPARTMENT ALONG WITH INTERNAL AUDIT DEPT. FORM 990, PART VI, SECTION B, LINE 15 DIRECTOR'S SALARY IS DETERMINED IN A NEGOTIATION PROCESS BETWEEN THE VP OF STUDENT LIFE AND THE EXECUTIVE DIRECTOR HIMSELF. KEY EMPLOYEES ARE ON ANNUAL EMPLOYMENT CONTRACTS WITH SALARY APPROVALS DEEMED APPROPRIATE BY THE VP OF STUDENT LIFE AND THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 18 FORM 1023 AND 990'S ARE AVAILABLE FOR INSPECTION UPON REQUEST AT THE BUSINESS OFFICE OF THE UNION FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE BUSINESS OFFICE OF THE UNION THE BOARD OF DIRECTORS IS RESPONSIBLE FOR OVERSIGHT OF THE EXTERNAL AUDITORS. KANSAS STATE UNIVERSITY ANDERSON HALL MANHATTAN KS 66506 HIGHER EDUCATION KS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0