DES MOINES UNIVERSITY OSTEOPATHIC MEDICAL CENTER: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- DES MOINES UNIVERSITY OSTEOPATHIC MEDICAL CENTER (EIN 42-0730347)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2011-11-14
- IRS object ID
- 201123189349303912
- Schema version
- 2010v3.4
- 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 C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-11-14T12:11:16-06:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM MCGLADREY INC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 LOCUST ST STE 640 | AddressLine1 |
| City | DES MOINES | City |
| State | IA | State |
| ZIP Code | 503092354 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420730347 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DES MOINES UNIVERSITY - OSTEOPATHIC MEDICAL CENTER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | DESM | NameControl |
| Phone | 5152711585 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3200 GRAND AVENUE | AddressLine1 |
| City | DES MOINES | City |
| State | IA | State |
| ZIP Code | 503124198 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARK J PEIFFER | Name |
| Title | CFO | Title |
| Phone | 5152711585 | Phone |
| Date Signed | 2011-11-10 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KAY HEGARTY | Name |
| Phone | 5155586600 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DES MOINES UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ANGELA L WALKER FRANKLIN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3200 GRAND AVENUE | AddressLine1 |
| City | DES MOINES | City |
| State | IA | State |
| ZIP Code | 503124198 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 88831542 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.DMU.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1898 | YearFormation |
| State Legal Domicile | IA | StateLegalDomicile |
| Activity Or Mission Description | THE UNIVERSITY WILL DEVELOP DISTINCTIVE HEALTH PROFESSIONALS COMMITTED TO HEALTH PROMOTION, THE DISCOVERY OF KNOWLEDGE, AND SERVICE TO THE COMMUNITY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 23 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 20 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1267 | TotalNbrEmployees |
| Total Nbr Volunteers | 535 | TotalNbrVolunteers |
| Total Gross UBI | 4356 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 3169 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2406561 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2250271 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 49893166 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 51484051 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2101549 | InvestmentIncomePriorYear |
| Investment Income Current Year | 42465 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 2037269 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1591562 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 56438545 | TotalRevenuePriorYear |
| Total Revenue Current Year | 55368349 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 3306679 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 3550759 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 31377750 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 32771974 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 11724 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 932323 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 20162739 | OtherExpensePriorYear |
| Other Expenses Current Year | 18513595 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 54858892 | TotalExpensesPriorYear |
| Total Expenses Current Year | 54836328 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1579653 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 532021 | RevenuesLessExpensesCY |
| Total Assets BOY | 140208198 | TotalAssetsBOY |
| Total Assets EOY | 156475079 | TotalAssetsEOY |
| Total Liabilities BOY | 50646453 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 48551623 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 89561745 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 107923456 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE UNIVERSITY WILL DEVELOP DISTINCTIVE HEALTH PROFESSIONALS COMMITTED TO HEALTH PROMOTION, THE DISCOVERY OF KNOWLEDGE, AND SERVICE TO THE COMMUNITY. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 41148026 | Expense |
| Grants | 3403565 | Grants |
| Revenue | 52972842 | Revenue |
| Description | THE UNIVERSITY PROVIDES TO AN ENROLLMENT OF 1,787 STUDENTS THE KNOWLEDGE AND SKILLS NEEDED TO BECOME HEALTH CARE PROFESSIONALS DEDICATED TO MAINTAINING AND RESTORING THE HEALTH OF THEIR PATIENTS. CLASSROOM INSTRUCTION AND CLINICAL TRAINING, WHICH IS ORGANIZED ON A NATIONAL LEVEL AND AT THE UNIVERSITY'S CLINIC, ARE PRESENTED IN AN ATMOSPHERE WHERE HUMANITARIAN CONCERNS, SCHOLARLY ACTIVITY, AND HEALTH CARE DELIVERY SUPPORT THE PRIMARY PURPOSE OF TEACHING AND LEARNING. THE CLINICAL TRAINING PROVIDED AT THE UNIVERSITY'S CLINIC IS CONDUCTED BY A MULTI-SPECIALTY FACULTY GROUP OF 26 PHYSICIANS AND MID-LEVEL PROVIDERS REPRESENTING 5 SPECIALTIES WHO SERVE MORE THAN 43,000 PATIENTS. THE UNIVERSITY SERVES AS A LOCAL, STATE AND NATIONAL RESOURCE FOR PRIMARY CARE PHYSICIANS AND ASSOCIATED HEALTH CARE PROVIDERS. | Description |
| Total Program Service Expense | 41148026 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 1 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | 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 | 1 | 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 | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 2345 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1267 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| 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 | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 23 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 20 | 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 | 0 | 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
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELIZABETH A BROSNAHAN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5152711585 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3200 GRAND AVENUE | AddressLine1 |
| City | DES MOINES | City |
| State | IA | State |
| ZIP Code | 503124198 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (36 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| DALE F ANDRES DO | |||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||||
| ARTHUR E ANGOVE DO | |||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||||
| BARRY BRAVER DO | |||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||||
| GILBERT S BUCHOLZ DO | |||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||||
| JAY CHRISTENSEN MHA | |||||||||
| TRUSTEE, PART-TIME FACULTY | 6.00 | X | 36300 | 0 | 0 | ||||
| BERNARD M FELDMAN DO | |||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||||
| JON D GARNAAS | |||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||||
| W STEVENSON GLANTON ESQ | |||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||||
| H DEAN HANNAM | |||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||||
| BRIAN G HART | |||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||||
| W HAL HATCHETT DPM | |||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||||
| ROBERT M KREAMER DO | |||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||||
| ANIL SAHAI DO | |||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||||
| JACQUELINE M STOKEN DO | |||||||||
| TRUSTEE, GUEST LECTURER | 2.00 | X | 400 | 0 | 0 | ||||
| DAVID H VELLINGA | |||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||||
| SAMUEL T WALLACE | |||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||||
| PATRICIA YUNGCLAS | |||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||||
| JAMES A GREKIN DO | |||||||||
| CHAIRMAN | 2.00 | X | 0 | 0 | 0 | X | |||
| LARRY J BAKER DO | |||||||||
| CHAIR-ELECT | 2.00 | X | 0 | 0 | 0 | X | |||
| C ARTHUR WITTMACK | |||||||||
| VICE-CHAIR | 2.00 | X | 0 | 0 | 0 | X | |||
| STEPHEN M MORAIN ESQ | |||||||||
| TREASURER | 2.00 | X | 0 | 0 | 0 | X | |||
| RICHARD M KOTZ DO | |||||||||
| SECRETARY | 2.00 | X | 0 | 0 | 0 | X | |||
| MAX T MCKINNEY DO | |||||||||
| IMMEDIATE PAST-CHAIR | 2.00 | X | 0 | 0 | 0 | X | |||
| ANGELA L WALKER FRANKLIN PHD | |||||||||
| PRESIDENT, CEO | 40.00 | 0 | 0 | 0 | X | ||||
| KAREN MCLEAN PHD | |||||||||
| PROVOST | 40.00 | 213259 | 0 | 29769 | X | ||||
| MARK J PEIFFER | |||||||||
| CFO | 40.00 | 210080 | 0 | 16500 | X | ||||
| STEPHEN S DENGLE | |||||||||
| INTERIM PRESIDENT | 40.00 | 342950 | 0 | 29769 | X | ||||
| SUSAN HUPPERT | |||||||||
| VICE-PRESIDENT | 40.00 | 131699 | 0 | 17354 | X | ||||
| MARY ANN ZUG | |||||||||
| VICE-PRESIDENT | 40.00 | 156990 | 0 | 24615 | X | ||||
| KENDALL REED DO | |||||||||
| DEAN | 40.00 | 412313 | 0 | 21502 | X | ||||
| GEORGE CLAVENNA DO | |||||||||
| FACULTY | 40.00 | 328184 | 0 | 25666 | X | ||||
| GEORGE B KLOCK DO | |||||||||
| FACULTY | 40.00 | 275255 | 0 | 25121 | X | ||||
| YOGESH SHAH MD | |||||||||
| ASSOCIATE DEAN | 40.00 | 238716 | 0 | 17045 | X | ||||
| VICTOR KAYLARIAN DO | |||||||||
| FACULTY | 40.00 | 237250 | 0 | 21956 | X | ||||
| ROBERTA A WATTLEWORTH DO | |||||||||
| FACULTY | 40.00 | 235892 | 0 | 29769 | X | ||||
| WILLIAM APPELGATE | |||||||||
| FORMER VICE-PRESIDENT | 40.00 | 108405 | 0 | 12785 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2927693 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 271851 | TotalOtherCompensation |
| Number Individuals GT100 K | 65 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| WEITZ COMPANY LLC | |||||
| 5901 THORNTON AVE | DES MOINES | IA | 50321 | CONSTRUCTION | 799777 |
| ENCORE ONE LLC | |||||
| 1717 UNIVERSITY AVENUE WEST | ST PAUL | MN | 55104 | CLEANING SERVICE | 430752 |
| IOWA PHYSICIANS MED FOUNDATION | |||||
| 1212 PLEASANT ST | DES MOINES | IA | 50309 | BILLING SERV & EDUCATION | 399147 |
| ARAMARK | |||||
| 825 SW IRVINEDALE DR | ANKENY | IA | 50023 | FOOD SERVICE | 395024 |
| MERCY CLINICS | |||||
| 1111 6TH AVENUE | DES MOINES | IA | 50314 | EDUCATION | 291275 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 16 | NumberOfContractorsGT100K |
| Fundraising Events | 290454 | FundraisingEvents |
| Government Grants | 1046569 | GovernmentGrants |
| All Other Contributions | 913248 | AllOtherContributions |
| Noncash Contributions | 20127 | NoncashContributions |
| Total Contributions | 2250271 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION & FEES | 611710 | 47150651 | 47150651 |
| PATIENT CARE | 621110 | 4305900 | 4305900 |
| RESEARCH SERVICES | 541700 | 27500 | 27500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 51484051 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2638006 | TotalRevenueColumn |
| Unrelated Business Revenue | -828 | UnrelatedBusinessRevenue |
| Exclusion | $2,638,834 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 76842 | Real |
| Personal | 5184 | Personal |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 13322 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 63520 | Real |
| Personal | 5184 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 68704 | TotalRevenueColumn |
| Unrelated Business Revenue | 5184 | UnrelatedBusinessRevenue |
| Exclusion | $63,520 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 30809664 | Securities |
| Other | 7750 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 33409728 | Securities |
| Other | 3227 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -2600064 | Securities |
| Other | 4523 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -2595541 | TotalRevenueColumn |
| Exclusion | -$2,595,541 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 40690 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 290454 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 36916 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3774 | TotalRevenueColumn |
| Exclusion | $3,774 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| SAL SCHOLARSHIP ALLOWA | 611710 | 996000 | 996000 |
| LEASED EMPLOYEES | 541900 | 195928 | 195928 |
| CONFERENCE INCOME | 900099 | 78027 | 78027 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 249129 | TotalRevenueColumn |
| Related Or Exempt Function Income | 218836 | RelatedOrExemptFunctionIncome |
| Exclusion | $30,293 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1519084 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 55368349 | TotalRevenueColumn |
| Related Or Exempt Function Income | 52972842 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 4356 | UnrelatedBusinessRevenue |
| Exclusion | $140,880 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 147194 | Total |
| Program Services | 147194 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3403565 | Total |
| Program Services | 3403565 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1760674 | Total |
| Program Services | 644513 | ProgramServices |
| Management And General | 967173 | ManagementAndGeneral |
| Fundraising | 148988 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24522530 | Total |
| Program Services | 19502297 | ProgramServices |
| Management And General | 4623708 | ManagementAndGeneral |
| Fundraising | 396525 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1677749 | Total |
| Program Services | 1351022 | ProgramServices |
| Management And General | 297440 | ManagementAndGeneral |
| Fundraising | 29287 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3083676 | Total |
| Program Services | 2141510 | ProgramServices |
| Management And General | 889642 | ManagementAndGeneral |
| Fundraising | 52524 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1727345 | Total |
| Program Services | 1298286 | ProgramServices |
| Management And General | 391490 | ManagementAndGeneral |
| Fundraising | 37569 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 94544 | Total |
| Management And General | 94544 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 85575 | Total |
| Management And General | 85575 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 133242 | Total |
| Program Services | 133242 | ProgramServices |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 257768 | Total |
| Management And General | 257768 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1836626 | Total |
| Program Services | 1159389 | ProgramServices |
| Management And General | 677237 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 377378 | Total |
| Program Services | 740 | ProgramServices |
| Management And General | 376638 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1825863 | Total |
| Program Services | 1196561 | ProgramServices |
| Management And General | 564030 | ManagementAndGeneral |
| Fundraising | 65272 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1935731 | Total |
| Program Services | 747375 | ProgramServices |
| Management And General | 1188356 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1617904 | Total |
| Program Services | 1298454 | ProgramServices |
| Management And General | 319450 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 647371 | Total |
| Program Services | 404170 | ProgramServices |
| Management And General | 202030 | ManagementAndGeneral |
| Fundraising | 41171 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 170528 | Total |
| Program Services | 80274 | ProgramServices |
| Fundraising | 90254 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1299260 | Total |
| Program Services | 1035680 | ProgramServices |
| Management And General | 263580 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2672355 | Total |
| Program Services | 2048915 | ProgramServices |
| Management And General | 623440 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 523226 | Total |
| Program Services | 177825 | ProgramServices |
| Management And General | 345401 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| AFFIL. CLINICAL PROGRAM | 1516411 | 1516411 | ||
| LIBRARY BOOKS & SUBSCRI | 1191438 | 1191438 | ||
| STUDENT EVENTS/ACTIVITI | 441440 | 441440 | ||
| STUDENT RECRUITMENT | 268534 | 268534 | ||
| DUES AND MEMBERSHIPS | 252559 | 181065 | 68954 | 2540 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1365842 | Total |
| Program Services | 778126 | ProgramServices |
| Management And General | 519523 | ManagementAndGeneral |
| Fundraising | 68193 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 54836328 | Total |
| Program Services | 41148026 | ProgramServices |
| Management And General | 12755979 | ManagementAndGeneral |
| Fundraising | 932323 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1475 | BOY |
| EOY | 1475 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4005937 | BOY |
| EOY | 4998287 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1367956 | BOY |
| EOY | 930406 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1021931 | BOY |
| EOY | 871039 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5817899 | BOY |
| EOY | 5369030 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 507823 | BOY |
| EOY | 620382 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 73035386 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 31491236 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42177110 | BOY |
| EOY | 41544150 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 64080471 | BOY |
| EOY | 77569652 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16882422 | BOY |
| EOY | 19833820 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4345174 | BOY |
| EOY | 4736838 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 140208198 | BOY |
| EOY | 156475079 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5096771 | BOY |
| EOY | 3665451 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5538353 | BOY |
| EOY | 5579607 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3528461 | BOY |
| EOY | 3839050 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31945000 | BOY |
| EOY | 31145000 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 832889 | BOY |
| EOY | 1288712 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3704979 | BOY |
| EOY | 3033803 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50646453 | BOY |
| EOY | 48551623 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 77135796 | BOY |
| EOY | 94724585 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5255763 | BOY |
| EOY | 5485030 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7170186 | BOY |
| EOY | 7713841 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 89561745 | BOY |
| EOY | 107923456 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 140208198 | BOY |
| EOY | 156475079 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 532021 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 17829690 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 1 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 1 | DirectContactLegislators |
| Direct Contact Legislators | $150,901 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 0 | OtherActivities |
| Total Lobbying Expenditures IIB | 150901 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF OTHER LOBBYING ACTIVITIES: | Identifier |
| Return Reference | PART II-B, LINE 1I: | ReturnReference |
| Explanation | THE UNIVERSITY HAS UTILIZED LOBBYISTS FOR ITS WORK WITH THE IOWA GENERAL ASSEMBLY AND STATE GOVERNMENT. SUCH COUNSEL HAS PROVIDED GUIDANCE ON THE STATUS OF APPROPRIATIONS FOR EXISTING STATE OF IOWA LEGISLATION WHICH PROVIDES FINANCIAL SUPPORT TO UNIVERSITY STUDENTS. IN ADDITION, COUNSEL HAS BEEN PROVIDED ON PROPOSED LEGISLATION WHICH WOULD EXPAND SUCH FINANCIAL SUPPORT FOR STUDENTS. LOBBYISTS HAVE ALSO PROVIDED COUNSEL TO THE UNIVERSITY IN ITS WORK WITH CONGRESS AND THE FEDERAL GOVERNMENT. SUCH COUNSEL HAS PROVIDED GUIDANCE ON SOURCES OF POTENTIAL FUNDING FOR RESEARCH, COMMUNITY DEVELOPMENT, AND PUBLIC HEALTH EDUCATION FOR PHYSICIANS, THE UNIVERSITY, AND COMMUNITIES THROUGHOUT THE STATE OF IOWA. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtc |
| Included On FS | 1 | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 51279039 | BeginningOfYearBalance |
| Contributions | 1057014 | Contributions |
| Investment Earnings Or Losses | 17175936 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1020001 | GrantsOrScholarships |
| Other Expenditures | 4238320 | OtherExpenditures |
| Administrative Expenses | 257767 | AdministrativeExpenses |
| End Of Year Balance | 63995901 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 41826731 | BeginningOfYearBalance |
| Contributions | 828875 | Contributions |
| Investment Earnings Or Losses | 12922964 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 681680 | GrantsOrScholarships |
| Other Expenditures | 3395168 | OtherExpenditures |
| Administrative Expenses | 222683 | AdministrativeExpenses |
| End Of Year Balance | 51279039 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 67373883 | BeginningOfYearBalance |
| Contributions | 717863 | Contributions |
| Investment Earnings Or Losses | -21510241 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 603236 | GrantsOrScholarships |
| Other Expenditures | 3945884 | OtherExpenditures |
| Administrative Expenses | 205654 | AdministrativeExpenses |
| End Of Year Balance | 41826731 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.79000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.12000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.09000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3395216 | OtherCostOrOtherBasis |
| Book Value | 3395216 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 58223375 | OtherCostOrOtherBasis |
| Depreciation | 23886987 | Depreciation |
| Book Value | 34336388 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9375860 | OtherCostOrOtherBasis |
| Depreciation | 6104405 | Depreciation |
| Book Value | 3271455 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2040935 | OtherCostOrOtherBasis |
| Depreciation | 1499844 | Depreciation |
| Book Value | 541091 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 41544150 | TotalOfBookValueLandBuildings |
Closely Held Equity Interests CloselyHeldEquityInterests
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 200000 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
Other Securities OtherSecurities (4 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| SEI OFFSHORE OPPORTUNITY | 12001127 | F |
| SEI STRUCTURED CREDIT | 4510653 | F |
| SEI GLOBAL PRIVATE EQUITY | 1559556 | F |
| SEI SPECIAL SITUATIONS | 1562484 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 19833820 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INTEREST RATE SWAP LIABILITY | Description |
| Amount | $3,033,803 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 3033803 | TotalOfAmounts |
| Total Revenue | 55368349 | TotalRevenue |
| Total Expenses | 54836328 | TotalExpenses |
| Excess Or Deficit For Year | 532021 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 17158513 | NetUnrealizedGLOnInvestments |
| Other | $671,177 | OtherAmount |
| Total Adjustments | 17829690 | TotalAdjustments |
| Excess Or Deficit Per FS | 18361711 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 69852532 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 17158513 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 7820 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | -2732388 | OtherRevenues |
| Revenue Not Rptd F990 | 14433945 | RevenueNotRptdF990 |
| Revenue Subtotal | 55418587 | RevenueSubtotal |
| Other Revenues Not Included | -50238 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -50238 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 55368349 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 51490821 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 7820 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 50238 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 58058 | ExpensesNotRptdF990 |
| Expenses Subtotal | 51432763 | ExpensesSubtotal |
| Other Expenses Not Included | 3403565 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 3403565 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 54836328 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART IV, LINE 2B: | STUDENTS WHO PREPAY TUITION FOR THE ENTIRE LENGTH OF THE PROGRAM LOCK IN THE TUITION RATE WITH NO INCREASES. FUNDS HELD IN ESCROW FOR FUTURE TUITION PAYMENTS TOTAL $818,309. DEPOSITS HELD IN CUSTODY FOR STUDENT ORGANIZATIONS TOTAL $469,403. RENT DEPOSITS HELD IN CUSTODY TOTAL $1,000. | |
| PART V, LINE 4: | ENDOWMENT FUNDS ARE INTENDED TO PROVIDE SCHOLARSHIPS FOR STUDENTS, ESTABLISH RESEARCH FUNDS FOR FACULTY, AND SUPPORT PROGRAMS AND FACILITIES. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| PART X: | THE UNIVERSITY HAS A TAX DETERMINATION LETTER FROM THE IRS STATING THAT IT QUALIFIES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES. THE UNIVERSITY FILES A FORM 990 ANNUALLY. WHEN THESE RETURNS ARE FILED, IT IS HIGHLY CERTAIN THAT SOME POSITIONS TAKEN WOULD BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHERS ARE SUBJECT TO UNCERTAINTY ABOUT THE MERITS OF THE TAX POSITION TAKEN OR THE AMOUNT OF THE POSITION THAT WOULD ULTIMATELY BE SUSTAINED. EXAMPLES OF TAX POSITIONS COMMON TO THE UNIVERSITIES INCLUDE SUCH MATTERS AS THE TAX-EXEMPT STATUS OF EACH ENTITY AND VARIOUS POSITIONS RELATIVE TO POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). UBIT IS REPORTED ON THE FORM 990-T, AS APPROPRIATE. THE BENEFIT OF TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES THAT IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESSES, IF ANY. TAX POSITIONS ARE NOT OFFSET OR AGGREGATED WITH OTHER POSITIONS. TAX POSITIONS THAT MEET THE "MORE LIKELY THAN NOT" RECOGNITION THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50% LIKELY TO BE REALIZED ON SETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. AS OF JUNE 30, 2011 AND 2010, THERE WERE NO UNCERTAIN TAX BENEFITS IDENTIFIED AND RECORDED AS A LIABILITY. FORMS 990 AND 990-T FILED BY THE UNIVERSITY ARE SUBJECT TO EXAMINATION BY THE IRS UP TO 3 YEARS FROM THE EXTENDED DUE DATE OF EACH RETURN. FORMS 990 AND 990-T FILED BY THE UNIVERSITY ARE NO LONGER SUBJECT TO EXAMINATION FOR THE FISCAL YEARS ENDED JUNE 30, 2007 AND PRIOR. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| UNREALIZED GAIN ON BOND INTEREST RATE SWAP 671,177. | PART XI, LINE 8 - OTHER ADJUSTMENTS: | |
| UNREALIZED GAIN ON BOND INTEREST RATE SWAP 671,177. SCHOLARSHIPS & TUITION DISCOUNTS REPORTED NET IN REVENUE ON AUDIT F/S -3,403,565. | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| RENTAL EXPENSES REPORTED AS EXPENSE ON AUDITED F/S -13,322. EVENT EXPENSES REPORTED AS EXPENSE ON AUDITED F/S -36,916. | PART XII, LINE 4B - OTHER ADJUSTMENTS: | |
| RENTAL EXPENSES REPORTED AS EXPENSE ON AUDITED FINANCIAL STATEMENTS 13,322. EVENT EXPENSES REPORTED AS EXPENSE ON AUDITED FINANCIAL STATEMENTS 36,916. | PART XIII, LINE 2D - OTHER ADJUSTMENTS: | |
| SCHOLARSHIPS & TUITION DISCOUNTS REPORTED NET IN REVENUE ON AUDIT F/S 3,403,565. | PART XIII, LINE 4B - OTHER ADJUSTMENTS: |
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 | 0 | PolicyPublViaBroadcastMedia |
| 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 |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | THE UNIVERSITY IS NOT REQUIRED TO PUBLICIZE THE RACIALLY NONDISCRIMINATORY POLICY THROUGH NEWSPAPER OR BROADCAST MEDIA DURING REGISTRATION BECAUSE PARAGRAPH 4.03-2(B) OF REV. PROC. 75-50 APPLIES. THE NONDISCRIMINATORY POLICY IS INCLUDED IN ALL PRINTED ADMISSIONS PUBLICATIONS. DATA IS AVAILABLE UPON REQUEST. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | GOVERNMENT ASSISTANCE RECEIVED INCLUDES AMOUNTS FROM THE US DEPARTMENT OF EDUCATION AND THE US DEPARTMENT OF HEALTH AND HUMAN SERVICES. US DEPARTMENT OF EDUCATION PROGRAMS PROVIDING FUNDS INCLUDE THE FEDERAL FAMILY EDUCATIONAL LOAN PROGRAM AND THE FEDERAL PERKINS LOAN PROGRAM. |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN | Region |
| Type Of Activities Conducted | INVESTMENTS | TypeOfActivitiesConducted |
| Total Expenditures | 13563611 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 13563611 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 13563611 | TotalAmountSpent |
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | SCHOL DINNER | NameOfEvent1 |
| Gross Receipts Event1 | 243594 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 213749 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 29845 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 25175 | OtherDirectExpensesEvent1 |
| Name Of Event2 | GOLF EVENT | NameOfEvent2 |
| Gross Receipts Event2 | 65548 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 59023 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 6525 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 7673 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 22002 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 17682 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 4320 | GrossRevenueOtherEvents |
| Other Direct Expenses Other Events | 4068 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 331144 | GrossReceiptsTotal |
| Charitable Contributions Total | 290454 | CharitableContributionsTotal |
| Gross Revenue Total Events | 40690 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 36916 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 36916 | DirectExpenseSummaryEvents |
| Net Income Summary | 3774 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HEALTH EDUCATION AND RESIDENCY TRAINING | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3200 GRAND AVENUE | AddressLine1 |
| City | DES MOINES | City |
| State | IA | State |
| ZIP Code | 50312 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 272911834 | EINOfRecipient |
| IRC Section | 501(C)(3) | IRCSection |
| Amount Of Cash Grant | 147194 | AmountOfCashGrant |
| Purpose Of Grant | ASSIST ORGANIZATION IN FORMATION AND INITIAL YEAR OPERATIONS | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIP AND TUITION DISCOUNTS FOR STUDENTS | TypeOfGrant |
| Number Of Recipients | 349 | NumberOfRecipients |
| Amount Of Cash Grant | 3403565 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE UNIVERSITY ATTEMPTS TO MAKE ADEQUATE FINANCIAL ASSISTANCE AVAILABLE TO STUDENTS WITHIN THE LIMITS OF EACH STUDENT BUDGET AND THE AVAILABILITY OF FUNDS. AWARDS ARE BASED ON ACADEMIC ACHIEVEMENT, PROFESSIONAL PROMISE, LEADERSHIP POTENTIAL, FINANCIAL NEED AND/OR SPECIFIC GUIDELINES ESTABLISHED BY DONORS. FINANCIAL NEED IS DETERMINED ON THE BASIS OF INFORMATION PROVIDED BY THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA). THE UNIVERSITY ALSO ASSISTED BY SUPPORTING THE INITIAL YEAR OF OPERATIONS FOR THE HEALTH EDUCATION AND RESIDENCY TRAINING NETWORK, A CHARITABLE ORGANIZATION FORMED TO PROMOTE AND SUPPORT COLLABORATION OF MEMBER MEDICAL AND EDUCATION INSTITUTIONS IN EDUCATION AND TRAINING FOR MEDICAL STUDENTS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 |
| 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 | 1 | 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 | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (11 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KAREN MCLEAN PHD | |||||||||||||
| 211748 | 0 | 250 | 0 | 1261 | 0 | 16500 | 0 | 13269 | 0 | 243028 | 0 | 0 | 0 |
| MARK J PEIFFER | |||||||||||||
| 204830 | 0 | 5250 | 0 | 0 | 0 | 16500 | 0 | 0 | 0 | 226580 | 0 | 0 | 0 |
| STEPHEN S DENGLE | |||||||||||||
| 340553 | 0 | 250 | 0 | 2147 | 0 | 16500 | 0 | 13269 | 0 | 372719 | 0 | 0 | 0 |
| MARY ANN ZUG | |||||||||||||
| 152839 | 0 | 2510 | 0 | 1641 | 0 | 15571 | 0 | 9044 | 0 | 181605 | 0 | 0 | 0 |
| KENDALL REED DO | |||||||||||||
| 410076 | 0 | 10 | 0 | 2227 | 0 | 16500 | 0 | 5002 | 0 | 433815 | 0 | 0 | 0 |
| GEORGE CLAVENNA DO | |||||||||||||
| 325707 | 0 | 250 | 0 | 2227 | 0 | 16500 | 0 | 9166 | 0 | 353850 | 0 | 0 | 0 |
| GEORGE B KLOCK DO | |||||||||||||
| 231084 | 0 | 2505 | 0 | 41666 | 0 | 16500 | 0 | 8621 | 0 | 300376 | 0 | 0 | 0 |
| YOGESH SHAH MD | |||||||||||||
| 230500 | 0 | 5005 | 0 | 3211 | 0 | 16500 | 0 | 545 | 0 | 255761 | 0 | 0 | 0 |
| VICTOR KAYLARIAN DO | |||||||||||||
| 230956 | 0 | 1505 | 0 | 4789 | 0 | 16500 | 0 | 5456 | 0 | 259206 | 0 | 0 | 0 |
| ROBERTA A WATTLEWORTH DO | |||||||||||||
| 235777 | 0 | 10 | 0 | 105 | 0 | 16500 | 0 | 13269 | 0 | 265661 | 0 | 0 | 0 |
| WILLIAM APPELGATE | |||||||||||||
| 90473 | 0 | 0 | 0 | 17932 | 0 | 8250 | 0 | 4535 | 0 | 121190 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| PART I, LINE 1A | THE ORGANIZATION PAYS DUES TO THE EMBASSY CLUB WHICH PROVIDES ACCESS FOR THE PRESIDENT TO CONDUCT BUSINESS IN A SOCIAL SETTING ON BEHALF OF THE ORGANIZATION WITH PROSPECTS, DONORS, AND OTHER INDIVIDUALS. |
| PART I, LINE 1B | MONTHLY INVOICES ARE REVIEWED BY THE CFO FOR BUSINESS PURPOSES. ANY PERSONAL ITEM IS REQUIRED TO BE PAID TO THE CLUB ON THE DATE OF THE TRANSACTION. |
| PART I, LINE 5 | ADDITIONAL COMPENSATION FOR CLINICAL FACULTY IS CALCULATED USING A PERCENTAGE OF NET CLINICAL REVENUE GENERATED DIRECTLY BY THE FACULTY MEMBER. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| IOWA HIGHER EDUCATION LOAN AUTHORITY | |||||||
| 421235696 | 462460RF5 | 2003-06-25 | 22700000 | CONSTRUCT AND FURNISH EDUCATION CENTER | 0 | 0 | 0 |
| IOWA HIGHER EDUCATION LOAN AUTHORITY | |||||||
| 421235696 | 462460SL1 | 2004-06-02 | 13785000 | REFUNDED PRIOR ISSUE (05/10/95) | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Amount RetiredAmountRetired | Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Working Capital ExpendituresWorkingCapitalExpenditures |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2130000 | 23083276 | 241704 | 83035 | 22058537 | 700000 | 2005 | 0 | 0 | 1 | 1 | |
| 3210000 | 13785000 | 156560 | 24692 | 13379198 | 2004 | 0 | 1 | 1 | 1 | 224550 |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Counsel Routinely Engaged | 0 | BondCounselRoutinelyEngaged |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| 0 | 1 | 0 | 0 | 1 | 0 |
| 0 | 1 | 0 | 0 | 0 | 0 |
Form990 Schedule K Part V Form990ScheduleKPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE K SUPPLENTAL INFORMATION | Identifier |
| Explanation | PART II, LINE 3 - THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN (E) DUE TO INVESTMENT EARNINGS. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (4 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| MERCY MEDICAL CENTER-DES MOINES | |||
| SEE SCH L, PART V | 230122 | SEE PART V | 0 |
| (no name) | |||
| 0 | |||
| (no name) | |||
| 0 | |||
| WELLMARK HEALTH PLAN OF IOWA | |||
| SEE SCH L, PART V | 2894869 | SEE PART V | 0 |
Form990 Schedule L Part V Form990ScheduleLPartV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS | (A) NAME OF PERSON: MERCY MEDICAL CENTER-DES MOINES(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: DALE F. ANDRES, TRUSTEE, IS CMO OF MERCY MEDICAL CENTER-DES MOINES. DAVID H. VELLINGA, TRUSTEE, IS PRESIDENT & CEO OF MERCY MEDICAL CENTER-DES MOINES. (C) DESCRIPTION OF TRANSACTION: THE UNIVERSITY CONTRACTS WITH MERCY MEDICAL CENTER-DES MOINES FOR CLINICAL ROTATION AND PATHOLOGY CURRICULUM. |
| (A) NAME OF PERSON: WELLMARK HEALTH PLAN OF IOWA(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: KENDALL REED, DO, KEY EMPLOYEE, IS A TRUSTEE WITH WELLMARK HEALTH PLAN OF IOWA. (C) THE UNIVERSITY PROVIDES HEALTH INSURANCE TO EMPLOYEES AND STUDENTS THROUGH WELLMARK. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | BEFORE FORM 990 IS FILED, AN ELECTRONIC COPY IS MADE AVAILABLE TO ALL BOARD MEMBERS ON THE BOARD OF TRUSTEES' PORTAL. THE FINANCE COMMITTEE VOTES TO APPROVE FILING OF THE 990 PRIOR TO SUBMISSION. | |
| IN ACCORDANCE WITH THE UNIVERSITY'S CONFLICT OF INTEREST POLICY, ALL PERSONS IN GOVERNANCE AND MANAGEMENT POSITIONS WITH THE UNIVERSITY COMPLETE AND SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT ANNUALLY. FOR MEMBERS OF THE BOARD, THE CHAIRPERSON OF THE BOARD REVIEWS THE DISCLOSURE STATEMENTS AND IMPLEMENTS THE POLICY. FOR MANAGEMENT PERSONNEL, THE DISCLOSURE STATEMENTS ARE ANNUALLY REVIEWED BY UNIVERSITY COUNSEL WHO IMPLEMENTS THE POLICY WITH THE PRESIDENT. ADDITIONALLY, THE UNIVERSITY'S EXTERNAL AUDIT FIRM REVIEWS THE DISCLOSURE STATEMENTS AS PART OF THEIR ANNUAL AUDIT AND REPORTS FINDINGS TO THE FINANCE COMMITTEE OF THE BOARD. A CONFLICT OF INTEREST EXISTS (1) WHEN AN INDIVIDUAL OBTAINS OR APPEARS TO OBTAIN AN IMPROPER GAIN OR ADVANTAGE AS A RESULT OF HIS/HER ACTIVITIES ON BEHALF OF THE UNIVERSITY, (2) WHEN HIS/HER ACTIVITIES ADVANCE OR APPEAR TO ADVANCE HIS/HER OWN INTERESTS OR THOSE OF ANOTHER RATHER THAN THE INTERESTS OF THE UNIVERSITY, OR (3) WHEN HIS/HER ACTIONS ADVERSELY AFFECT OR APPEAR TO ADVERSELY AFFECT THE BEST INTERESTS OF THE UNIVERSITY. INDIVIDUALS SHALL NOT PARTICIPATE IN DISCUSSIONS, VOTES, OR OTHER REPRESENTATIONS ON PREVIOUSLY DISCLOSED OR NEWLY DEVELOPED CONFLICTS OF INTEREST. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE ORGANIZATION HAS A METHOD AND PROCESS WHICH INCLUDES GATHERING COMPARATIVE DATA FROM EXTERNAL SOURCES FOR RATING POSITIONS AND DETERMINING COMPENSATION. IN INSTANCES WHERE SUFFICIENT COMPARATIVE DATA IS NOT AVAILABLE, THE ORGANIZATION UTILIZES MEMBERSHIP IN AN EMPLOYER'S ASSOCIATION WHICH PROVIDES HUMAN RESOURCES SERVICES IN SEVERAL AREAS INCLUDING HR CONSULTING, COMPENSATION, AND COMPLIANCE. THE EXECUTIVE COMMITTEE REVIEWS SALARIES AND RANGES OF OFFICERS AND KEY EMPLOYEES IN MAY FOR SALARIES EFFECTIVE THE FOLLOWING JULY 1ST. | FORM 990, PART VI, SECTION B, LINE 15 | |
| THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC. | FORM 990, PART VI, SECTION C, LINE 19 | |
| ANGELA L WALKER FRANKLIN, PHD BEGAN SERVING AS UNIVERSITY PRESIDENT AND CEO EFFECTIVE MARCH 1, 2011. AS A RESULT, NO COMPENSATION WAS PAID TO DR. FRANKLIN DURING CALENDAR YEAR 2010 AND NO COMPENSATION IS REPORTABLE ON EITHER FORM 990, PART VII OR SCHEDULE J. | PART VII: | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 17,158,513. UNREALIZED GAIN ON BOND INTEREST RATE SWAP 671,177. TOTAL TO FORM 990, PART XI, LINE 5: 17,829,690. | FORM 990, PART XI, LINE 5: |
| COMMITTEE ASSUMING RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT: | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. | FORM 990, PART XII, LINE 2C: |
| VOLUNTEERS | VOLUNTEERS ARE MADE UP OF BOARD MEMBERS, GUEST CLASSROOM LECTURERS, PRECEPTORS FOR CLINICAL ROTATION AND STUDENT VOLUNTEERS. | FORM 990, PART I, LINE 6 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HEALTH EDUCATION AND RESIDENCY TRAINING NETWORK | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3200 GRAND AVENUE | AddressLine1 |
| City | DES MOINES | City |
| State | IA | State |
| ZIP Code | 50312 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 272911834 | EIN |
| Primary Activities | EDUCATION AND TRAINING FOR MEDICAL STUDENTS | PrimaryActivities |
| Legal Domicile State | IA | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | LINE 11A, I | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DES MOINES UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | 1 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HEALTH EDUCATION AND RESIDENCY TRAINING NETWORK | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | B | TransactionType |
| Amount Involved | 147194 | AmountInvolved |
| Method Of Amt Determination | GAAP | MethodOfAmtDetermination |
Comments