MORNINGSIDE UNIVERSITY: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- MORNINGSIDE UNIVERSITY (EIN 42-0680400)
- Tax period
- 2009-06-01 to 2010-05-31
- Filed
- 2011-04-08
- IRS object ID
- 201121059349300712
- Schema version
- 2009v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-04-08T17:07:24-07:00 | Timestamp |
| Tax Period End Date | 2010-05-31 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-06-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420680400 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MORNINGSIDE COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MORN | NameControl |
| Phone | 7122745000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1501 Morningside Avenue | AddressLine1 |
| City | Sioux City | City |
| State | IA | State |
| ZIP Code | 511061717 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Ronald Jorgensen | Name |
| Title | VP for Business & Finance | Title |
| Phone | 7122745000 | Phone |
| Date Signed | 2011-04-08 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | John Reynders | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4405 Old Lakeport Rd | AddressLine1 |
| City | Sioux City | City |
| State | IA | State |
| ZIP Code | 51106 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 37704623 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.morningside.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1894 | YearFormation |
| State Legal Domicile | IA | StateLegalDomicile |
| Activity Or Mission Description | Morningside College is a 4 year private college, that provides a liberal arts education to full and part-time students, including co-curricular activities (Residence Halls, Dining, Bookstore...). | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 42 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 38 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1263 | TotalNbrEmployees |
| Total Nbr Volunteers | 251 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2477699 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2202271 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 32331935 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 35001823 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1978857 | InvestmentIncomePriorYear |
| Investment Income Current Year | 168565 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 245442 | OtherRevenuePriorYear |
| Other Revenue Current Year | 194037 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 37033933 | TotalRevenuePriorYear |
| Total Revenue Current Year | 37566696 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 10482090 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 11409909 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 15304007 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 16205801 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 985814 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 12889684 | OtherExpensePriorYear |
| Other Expenses Current Year | 12442257 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 38675781 | TotalExpensesPriorYear |
| Total Expenses Current Year | 40057967 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -1641848 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -2491271 | RevenuesLessExpensesCY |
| Total Assets BOY | 81627304 | TotalAssetsBOY |
| Total Assets EOY | 83305969 | TotalAssetsEOY |
| Total Liabilities BOY | 32977441 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 32562313 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 48649863 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 50743656 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE MORNINGSIDE COLLEGE EXPERIENCE CULTIVATES A PASSION FOR LIFE-LONG LEARNING AND A DEDICATION TO ETHICAL LEADERSHIP AND CIVIC RESPONSIBILITY. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 27606635 | Expense |
| Grants | 11409909 | Grants |
| Revenue | 27199855 | Revenue |
| Description | Provides Graduate and Under Graduate classes for students. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1895625 | Expense |
| Grants | 0 | Grants |
| Revenue | 2851164 | Revenue |
| Description | Provide Residence Halls (living quarters) for full time Undergraduate students | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1698515 | Expense |
| Grants | 0 | Grants |
| Revenue | 2639578 | Revenue |
| Description | Provide Food Service (Cafeteria) for students | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 689106 | Expense |
| Grants | 0 | Grants |
| Revenue | 2311226 | Revenue |
| Description | Expenses consist of a Fair Value Hedge expense interest due to an interest rate exchange agreement for some longterm debt and a number of other smaller transactions | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 689106 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 0 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 2311226 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 31889881 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 1 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 138 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1263 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 42 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 38 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 1 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Paul Treft | NamePerson |
| Telephone Number | 7122745000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1501 Morningside Ave | AddressLine1 |
| City | Sioux city | City |
| State | IA | State |
| ZIP Code | 51106 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (43 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| SANDRA BAINBRIDGE | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| ANGELA BANKS | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| MICHAEL BENNETT | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| CRAIG BERENSTEIN | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| LUCY BUHLER | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| ROBERT BURKHART | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| JAMES CARLSON | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| ARLENE CURRY | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| ROGER CURRY | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| RICHARD ENGLE | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| THOMAS GRIMSLEY | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| JAMES HANKE | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| GALEN JOHNSON | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| DAVE LAGESCHULTE | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| STAN LUPKES | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| NANCY METZ | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| CYNTHIA MOSER | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| TOM NARAK | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| TONY NESTER | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| RUSSELL OLSON | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| MARTY PALMER | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| SKIP PERLEY | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| SCOTT RAGER | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| DAVE ROEDERER | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| THOMAS ROSEN | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| GARRETT SMITH | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| CRAIG STRUVE | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| JULIUS TRIMBLE | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| KEVIN VAUGHAN | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| DONALD VERDOORN | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| NORMAN WAITT | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| JAMES WALKER | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| RICHARD WALLER | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| CRAIG WANSINK | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| CURTIS WHITE | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| CONNIE HORTON WIMER | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| RONALD YOCKEY | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| DONALD ZELEZNAK | |||||||
| DIRECTOR | 0.5 | X | 0 | 0 | 0 | ||
| JOHN REYNDERS | |||||||
| PRESIDENT | 40 | 214009 | 0 | 60451 | X | ||
| RONALD JORGENSEN | |||||||
| VICE PRESIDENT - BUSINESS & FINANCE | 40 | 123579 | 0 | 24463 | X | ||
| TERRI CURRY | |||||||
| VICE PRESIDENT - STUDENT LIFE | 40 | 126703 | 0 | 14687 | X | ||
| THOMAS RICE | |||||||
| VICE PRESIDNET - INSTITUITIONAL ADVANCEMENT | 40 | 124475 | 0 | 18781 | X | ||
| WILLIAM DEEDS | |||||||
| VICE PRESIDENT - ACADEMIC AFFAIRS | 40 | 119255 | 0 | 24205 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 708021 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 142587 | TotalOtherCompensation |
| Number Individuals GT100 K | 5 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Royall & Company | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1920 E Parham Rd | AddressLine1 |
| City | Richmond | City |
| State | VA | State |
| ZIP Code | 23228 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | Admissions consulting | DescriptionOfServices |
| Compensation | 260433 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| Federated Campaigns | 0 | FederatedCampaigns |
| Membership Dues | 0 | MembershipDues |
| Fundraising Events | 23829 | FundraisingEvents |
| Related Organizations | 0 | RelatedOrganizations |
| Government Grants | 352815 | GovernmentGrants |
| All Other Contributions | 1825627 | AllOtherContributions |
| Noncash Contributions | 445202 | NoncashContributions |
| Total Contributions | 2202271 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| Tuition & Fees | 611600 | 27199855 | 27199855 | 0 | $0 |
| Residence Halls | 721310 | 2851163 | 2851163 | 0 | $0 |
| Food Service | 722210 | 2639578 | 2639578 | 0 | $0 |
| Bookstore Sales | 451211 | 1043184 | 1043184 | 0 | $0 |
| Athletics | 900099 | 113232 | 113232 | 0 | $0 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1154811 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1154811 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 35001823 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 168565 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $168,565 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 344914 | Real |
| Personal | 0 | Personal |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 112775 | Real |
| Personal | 0 | Personal |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 232139 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 232139 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $232,139 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 0 | Securities |
| Other | 0 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 0 | Securities |
| Other | 0 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 0 | Securities |
| Other | 0 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 32018 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 23829 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 25152 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6866 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $6,866 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Gaming | 0 | GrossIncomeGaming |
| Gaming Direct Expenses | 0 | GamingDirectExpenses |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 0 | GrossSalesOfInventory |
| Cost Of Goods Sold | 0 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Present Value Adjustment-Annuity | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | -44968 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$44,968 | ExclusionAmount |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | -44968 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 37566696 | TotalRevenueColumn |
| Related Or Exempt Function Income | 35001823 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $362,602 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11409909 | Total |
| Program Services | 11409909 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 381092 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 381092 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12324724 | Total |
| Program Services | 8977809 | ProgramServices |
| Management And General | 2758682 | ManagementAndGeneral |
| Fundraising | 588233 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 681902 | Total |
| Program Services | 470265 | ProgramServices |
| Management And General | 170476 | ManagementAndGeneral |
| Fundraising | 41161 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1975551 | Total |
| Program Services | 1392641 | ProgramServices |
| Management And General | 493888 | ManagementAndGeneral |
| Fundraising | 89022 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 842532 | Total |
| Program Services | 593198 | ProgramServices |
| Management And General | 210633 | ManagementAndGeneral |
| Fundraising | 38701 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 383555 | Total |
| Program Services | 383555 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7607 | Total |
| Program Services | 5401 | ProgramServices |
| Management And General | 1902 | ManagementAndGeneral |
| Fundraising | 304 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 40363 | Total |
| Management And General | 40363 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 162084 | Total |
| Program Services | 115080 | ProgramServices |
| Management And General | 40521 | ManagementAndGeneral |
| Fundraising | 6483 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 122408 | Total |
| Program Services | 122408 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 161530 | Total |
| Program Services | 104686 | ProgramServices |
| Management And General | 45383 | ManagementAndGeneral |
| Fundraising | 11461 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 337282 | Total |
| Program Services | 239470 | ProgramServices |
| Management And General | 84321 | ManagementAndGeneral |
| Fundraising | 13491 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1554573 | Total |
| Program Services | 1101658 | ProgramServices |
| Management And General | 390732 | ManagementAndGeneral |
| Fundraising | 62183 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 493376 | Total |
| Program Services | 350297 | ProgramServices |
| Management And General | 123344 | ManagementAndGeneral |
| Fundraising | 19735 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 120624 | Total |
| Program Services | 85642 | ProgramServices |
| Management And General | 30155 | ManagementAndGeneral |
| Fundraising | 4827 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 951760 | Total |
| Program Services | 713820 | ProgramServices |
| Management And General | 237940 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1896398 | Total |
| Program Services | 1301963 | ProgramServices |
| Management And General | 502695 | ManagementAndGeneral |
| Fundraising | 91740 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 336384 | Total |
| Program Services | 238833 | ProgramServices |
| Management And General | 84096 | ManagementAndGeneral |
| Fundraising | 13455 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Auxillary | 4941622 | 3386934 | 1554688 | |
| Fair Value Hedge Interest Expense | 62143 | 62143 | 0 | 0 |
| Other Expenses | 745103 | 745103 | 0 | 0 |
| Miscellaneous Expenses | 125445 | 89066 | 31361 | 5018 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 40057967 | Total |
| Program Services | 31889881 | ProgramServices |
| Management And General | 7182272 | ManagementAndGeneral |
| Fundraising | 985814 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1345976 | BOY |
| EOY | 1001399 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 404819 | BOY |
| EOY | 98362 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2804829 | BOY |
| EOY | 1785079 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 378194 | BOY |
| EOY | 759162 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3479613 | BOY |
| EOY | 3576998 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 176620 | BOY |
| EOY | 188030 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 159264 | BOY |
| EOY | 159100 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 60346037 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 22657973 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39028296 | BOY |
| EOY | 37688064 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26349789 | BOY |
| EOY | 31632388 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7344611 | BOY |
| EOY | 6271197 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 155293 | BOY |
| EOY | 146190 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 81627304 | BOY |
| EOY | 83305969 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1388894 | BOY |
| EOY | 1619766 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50766 | BOY |
| EOY | 38577 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25560000 | BOY |
| EOY | 24765000 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 397535 | BOY |
| EOY | 375135 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2343138 | BOY |
| EOY | 2443802 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3237108 | BOY |
| EOY | 3320033 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32977441 | BOY |
| EOY | 32562313 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12716725 | BOY |
| EOY | 15449681 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6145062 | BOY |
| EOY | 5131555 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29788076 | BOY |
| EOY | 30162420 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48649863 | BOY |
| EOY | 50743656 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 81627304 | BOY |
| EOY | 83305969 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 0 | RevenuesIncluded |
| Assets In Part X | 761185 | AssetsInPartX |
Held Works Of Art Amts HeldWorksOfArtAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 0 | RevenuesIncluded |
| Assets In Part X | 0 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
| Agent Trustee Etc | 0 | AgentTrusteeEtc |
| Included On FS | 1 | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 25730894 | BeginningOfYearBalance |
| Contributions | 355091 | Contributions |
| Investment Earnings Or Losses | 3299294 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1039827 | GrantsOrScholarships |
| Other Expenditures | 736836 | OtherExpenditures |
| Administrative Expenses | 96667 | AdministrativeExpenses |
| End Of Year Balance | 27511949 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 33419567 | BeginningOfYearBalance |
| Contributions | 543944 | Contributions |
| Investment Earnings Or Losses | -6375617 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1379054 | GrantsOrScholarships |
| Other Expenditures | 390946 | OtherExpenditures |
| Administrative Expenses | 87000 | AdministrativeExpenses |
| End Of Year Balance | 25730894 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 1 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 1137750 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 6979189 | OtherCostOrOtherBasis |
| Book Value | 8116939 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 971379 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 39300564 | OtherCostOrOtherBasis |
| Depreciation | 16406856 | Depreciation |
| Book Value | 23865087 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 8864470 | OtherCostOrOtherBasis |
| Depreciation | 6093053 | Depreciation |
| Book Value | 2771417 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 3092685 | OtherCostOrOtherBasis |
| Depreciation | 158064 | Depreciation |
| Book Value | 2934621 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 37688064 | TotalOfBookValueLandBuildings |
Financial Derivatives FinancialDerivatives
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
Closely Held Equity Interests CloselyHeldEquityInterests
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
Other Securities OtherSecurities (4 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| Short Term Investments | 1053462 | F |
| other | 1054 | F |
| Pinehurst Instituitional LTD | 3107853 | F |
| Farm Real Estate | 2108828 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 6271197 | TotalOfBookValueSecurities |
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Misc assets | Description |
| Book Value | 146190 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 146190 | TotalBookValueOtherAssets |
| Federal Income Tax Liability | 210023 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| State Income Tax | $36,361 |
| Actuarial Liability for Annuities | $522,570 |
| Interest Rate Swap Agreement | $1,657,802 |
| Other Current Liabilities | $893,277 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 3320033 | TotalOfAmounts |
| Total Revenue | 37566696 | TotalRevenue |
| Total Expenses | 40057967 | TotalExpenses |
| Excess Or Deficit For Year | -2491271 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 4585064 | NetUnrealizedGLOnInvestments |
| Donated Services And Facilities | 0 | DonatedServicesAndFacilities |
| Investment Expenses | 0 | InvestmentExpenses |
| Prior Period Adjustments | 0 | PriorPeriodAdjustments |
| Other | $0 | OtherAmount |
| Total Adjustments | 4585064 | TotalAdjustments |
| Excess Or Deficit Per FS | 2093793 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 42151760 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 4585064 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 0 | DonatedSrvcAndUseOfFacilities |
| Recoveries Of Prior Year Grants | 0 | RecoveriesOfPriorYearGrants |
| Other Revenues | 0 | OtherRevenues |
| Revenue Not Rptd F990 | 4585064 | RevenueNotRptdF990 |
| Revenue Subtotal | 37566696 | RevenueSubtotal |
| Investment Expenses Not Included | 0 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 0 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 37566696 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 40057967 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 0 | DonatedServicesUseOfFacilities |
| Prior Year Adjustments | 0 | PriorYearAdjustments |
| Losses Reported | 0 | LossesReported |
| Other Expenses Included | 0 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 40057967 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 0 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 0 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 40057967 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchD_P03_S00_L04 | Schedule D, Part III, Line 4 | The Morningside College Art Collection is housed in the Levitt Art Gallery and serves a purpose similar to Library Collections. This visual library provides students with primary visual resources that they use in assignments for both Art and Non Art courses. Students in studio courses investigate the visual, technical and methodologies of the pieces. Students in Art History and other Humanities courses study the visual content and style in a contextual relationship with human history. |
| SchD_P04_S00_L02b | Schedule D, Part IV, Line 2b | The amount on line 21 part x consists of "Enrollment Deposits" and students with credit balances. |
| SchD_P05_S00_L04 | Schedule D, Part V, Line 4 | The intended uses of the college's endowment funds are to support the ongoing operations of the college, including providing scholarships to students. |
| SchD_P10_S00_L00 | Schedule D, Part X | The College has elected to defer the implementation of FASB Interpretation No 48 accounting for uncertainty in income taxes as allowed in FASB staff position FIN 48-3. The college has not evaluated uncertain tax positions; therefore there could be additional liabilities for income taxes, penalties and interest which are not recorded in these financial statements. It is the policy of the college to include interest paid on taxes in interest expense and penalties are included in operating expenses. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Pub Via Broadcast Media Expln | NOTICE OF NONDISCRIMINATORY POLICY AS TO STUDENTS IS PUBLISHED IN THE SIOUX CITY JOURNAL IN NOVEMBER EACH YEAR. | PubViaBroadcastMediaExpln |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Govt Financial Aid Explanation | THE COLLEGE PASSES THROUGH ASSISTANCE TO ELIGIBLE STUDENTS. | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Athletics Golf Outing | NameOfEvent1 |
| Gross Receipts Event1 | 57297 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 24829 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 32468 | GrossRevenueEvent1 |
| Cash Prizes Event1 | 0 | CashPrizesEvent1 |
| Non Cash Prizes Event1 | 14255 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 10800 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 1097 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 0 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 0 | OtherDirectExpensesEvent1 |
| Food And Beverage Other Events | 0 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 0 | EntertainmentOtherEvents |
| Gross Receipts Total | 57297 | GrossReceiptsTotal |
| Charitable Contributions Total | 24829 | CharitableContributionsTotal |
| Gross Revenue Total Events | 32468 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 0 | CashPrizesTotalEvents |
| Non Cash Prizes Total Events | 14255 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 10800 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 1097 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 0 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 0 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 26152 | DirectExpenseSummaryEvents |
| Net Income Summary | 6316 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (4 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance |
|---|---|---|---|
| Activity Grants | 625 | 1812249 | 0 |
| Academic Scholarships & Non need based Grants | 725 | 7240028 | 0 |
| Department Grants | 625 | 1552280 | 0 |
| Endowed Scholarships | 300 | 805352 | 0 |
Form990 Schedule I Part IV Form990ScheduleIPartIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchI_P01_S00_L02 | Schedule I, Part I, Line 2 | Grant Funds are monitored through an electronis packaging program for all new students. The electronic program automatically determines the eligibility for federal, state and instituitional grant funding against a series of pre-established eligibility criteria. Once the program determines each studen's eligibility for federal, state and instituitional grant funding, the information is also checked by a member of the Student Financial Planning Staff. For all returning students, a computer program checks eligibility for federal and state grant funding. A member of the Student Financial Planning staff updates this data for each new award year. Each semester, there are aslo a series of programs that are run to again confirm eligibility for Federal, State and instituitional grant funding to ensure all changes and or updates have been properly processed. |
| SchI_P03_S00_L00 | Schedule I, Part III | Activity Grants |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 0 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 1 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JOHN REYNDERS | NamePerson |
| Base Compensation Filing Org | 204183 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 6000 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 3826 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 53210 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 7240 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 274459 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchJ_P01_S00_L01a | Schedule J, Part I, Line 1a | THE COLLEGE DOES PROVIDE TRAVEL FOR THE PRESIDENT'S SPOUSE TO EVENTS THE PRESIDENT IS ATTENDING. TRAVEL FOR VP'S SPOUSES IS ALLOWED BY APPROVAL OF THE PRESIDENT WHEN SUCH TRAVEL IS DEEMED TO PROVIDE BENEFITS FOR THE COLLEGE A COLLEGE OWNED HOUSE IS PROVIDED TO THE PRESIDENT FOR HIS RESIDENCE. A NUMBER OF COLLEGE FUNCTIONS ARE CONDUCTED AT THE RESIDNECE. DUES TO A COUNTRY CLUB MEMBERSHIP FOR THE PRESIDENT ARE PAID BY THE COLLEGE. NUMEROUS COLLEGE EVENTS ARE HELD AT THE COUNTRY CLUB. |
| SchJ_P01_S00_L01b | Schedule J, Part I, Line 1b | Same explaination as Schedule J Part 1 Line 1a |
| SchJ_P01_S00_L07 | Schedule J, Part I, Line 7 | Incentive bonuses are paid to the President and Vice Presidents upon approval by the Board Compensation Committee. Bonuses are based upon goal attainment and other performance review criteria. The President's annual bonus is based on a performance contract. The Vice President's bonus amounts are determined by the College President and approved by the Compensation Committee. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer |
|---|---|---|---|---|---|---|
| IOWA FINANCE AUTHORITY | ||||||
| 521699886 | 46246AAZ7 | 2006-12-13 | 8000000 | CONSTRUCTION AND EQUIPMENT | 0 | 0 |
| IOWA FINANCE AUTHORITY | ||||||
| 521699886 | 46246ABA1 | 2007-07-18 | 3905000 | CONSTRUCTION AND EQUIPMENT | 0 | 0 |
| IOWA FINANCE AUTHORITY | ||||||
| 421235696 | 462460D60 | 2009-05-20 | 5500000 | WORKING CAPITAL | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)
| Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Amount UnspentAmountUnspent | Working Capital ExpendituresWorkingCapitalExpenditures |
|---|---|---|---|---|---|---|---|---|
| 8000000 | 200289 | 7799711 | 0 | 0 | 1 | 1 | ||
| 3905000 | 100885 | 3036986 | 0 | 0 | 1 | 1 | 767129 | |
| 5529810 | 19271 | 0 | 0 | 1 | 1 | 5510539 |
Form990 Schedule K Part III Form990ScheduleKPartIII (3 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 1 | 0.00 | 0 | 0.00 | 1 |
| 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 |
| 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Term Of HedgeTermOfHedge | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|---|
| US BANK | ||||||
| 0 | 1 | 1 | 24.50 | 0 | 0 | 1 |
| US BANK | ||||||
| 0 | 1 | 1 | 20.20 | 0 | 0 | 1 |
| (no name) | ||||||
| 0 | 0 | 0 | 0 | 0 | 1 | |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| Garrett Smith | |||
| Board Member | 95908 | compensation | 0 |
| William Deeds | |||
| VP & Dean | 24000 | Compensation | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 15 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 420202 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | AVG.MKT VALUE OF GIFT | MethodOfDeterminingRevenues |
Securities Miscellaneous SecuritiesMiscellaneous
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 25000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MARKET vALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchM_P01_S00_L32b | Identifier |
| Return Reference | Schedule M, Part I, Line 32b | ReturnReference |
| Explanation | The college sells marketable securities that it receives as contributions. A registered broker is used to process the transaction. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| F990_P03_S00_L04d | Form 990, Part III, Line 4d | Expenses consist of a Fair Value Hedge expense interest due to an interest rate exchange agreement for some longterm debt and a number of other smaller transactions. |
| F990_P06_S0A_L09 | Form 990, Part VI, Section A, Line 9 | Sandra Bainbridge 978 Wynstone Drive Jefferson SD 57038 Angela Banks 115 Midvale Ave Sioux City IA 51104 Michael Bennett 4508 Stoneridge Pt Sioux City IA 51106 Craig Berenstein PO Box 3207 Sioux City IA 51102 Lucy Buhler 524 Maple St #206 Edmonds WA 98020 Robert Burkhart 2301 Rittenhouse St Des Moines IA 50321 James Carlson 4425 Corporation Lane Virginia Beach VA 23462 Arlene Curry 500 6th St Sioux City IA 51102 Roger Curry 28000 Audrey Smith Lane Saratoga CA 95070 Richard Engle 3624 Juniper Ct Sioux City IA 51106 Thomas Grimsley 1800 11th St Sioux City IA 51101 James Hanke 1918 Hughes Dr SW Cedar Rapids IA 52404 Galen Johnson PO Box 5274 Lake Office Minneapolis MN 55440 Dave Lageschulte 4411 Cleveland Ave Fort Myers FL 33901 Stan Lupkes PO Box 45 North Sioux City SD 57046 Nancy Metz 933 Spyglass Circle Dakota Dunes 57049 Cynthia Moser PO Box 3086 Sioux City IA 51102 Tom Narak 3350 Mill civic Parkway West Des Moines IA 50265 Tony Nester 1735 Morningside Ave Sioux City IA 51106 Russell Olson 6400 Westown Parkway West Des Moines IA 50266 Marty Palmer 2600 HWY 75N Sioux City IA 51105 Skip Perley PO BOx 207 Sioux City IA 51102 Scott Rager 307 N Michigan Ave Chicago IL 60601 Dave Roderer 321 E Walnut Suite 100 Des Moines IA 50309 Thomas Rosen 112 Lake Ave Fairmont MN 56031 Garrett Smith PO bOx 178 Sioux City IA 51102 Craig Struve PO Box 75 Calumet IA 51009 Julius Trimble 2301 Rittenhouse St Des Moines IA 50321 Kevin Vaughan PO Box 1700 North Sioux City SD 57049 Donald Verdoorn 304 Iverness Way S Suite 180 Englewood CO 80112 Norman Waitt 1125 S 103rd St Suite 200 Omaha NE 68124 James Walker 2685 North Shore Dr Wayzata MN 55391 Richard Waller PO Box 147 Sioux City IA 51102 Craig Wansink 1584 Wesleyan Dr Norfolk VA 23502 Curtis White 333 Continental RD El Segundo CA 90245 Connie Horton Wimer 100 4th Street Des Moines IA 50309 Ronald Yockey 891 Two Rivers Drive Dakota Dunes SD 57049 Donald Zelenznak 9500 E Ironwood Square Dr #118 Scottsdale AZ 85258 |
| F990_P06_S0B_L11 | Form 990, Part VI, Section B, Line 11 | It is the policy of the Board of Directors of Morningside College that the Board Audit Committee shall review the Internal Revenue Service (IRS) Form 990 prior to filing it with the IRS. Once the Audit Committee has reviewed the form 990, a copy shall be made available to all Board members located on the college's board portal web page. Board members who have comments or revisions to the Form 990 shall submit these comments or revisions in writing to the Chair of the Audit committee no later than 10 days after the report is made available to them. The Chair of the Audit committee shall review these comments with the VP for Business and Finance to determine if changes are necessary prior to filing it with the IRS. |
| F990_P06_S0B_L12c | Form 990, Part VI, Section B, Line 12c | Annually Board members complete a conflict of interest form, the forms are: Compiled by the President's Administrative Assistant Reviewed by the Board Chair Potential conflicts of interest are addressed by the Board Chair and reviewed by the Audit Committee. |
| F990_P06_S0B_L15 | Form 990, Part VI, Section B, Line 15 | Compensation for the President is based upon terms of an employment contract. The Board Compensation committee annually reviews the performance and salary level. The review includes interviews with faculty, staff and students. The salary is compared to colleges in the college's aspirant peer group and other private college presidents as reported in national and state surveys. The external auditor also reviews the information with the audit committee. Compensation of Vice Presidents is based on individual performance and a comparison of peer group salary levels for comparable positions. The President prepares the annual evaluation with input from the faculty senate. The President presents compensation recommendations to the board compensation committee for their approval. The compensation recommendation and comparison data is also presented to the college's external auditors for their review. The external auditor reviews the information with the board audit committee. |
| F990_P06_S0C_L19 | Form 990, Part VI, Section C, Line 19 | The College maintains documents for public inspection at the college's library. The documents are aslo available to the public upon request. |
| SchE_P00_S00_L06a | Schedule E, Line 6a | The college passes through assistance to eligible students. |
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