2011-01-28T15:30:14-06:00 2010-06-30 KPMG LLP Two Central Park Plaza Suite 1501 Omaha NE 681021626 990 2009-07-01 470376525 Hastings College HAST 4024613700 710 N TURNER AVE HASTINGS NE 689017696 KAY LANGSETH 2011-01-26 true LORRAINE A EGGER 4023481450 2009 2016-02-24 21:20:13Z PHILLIP DUDLEY 710 N TURNER AVE HASTINGS NE 689017696 40141654 false X www.hastings.edu X 1882 NE HASTINGS COLLEGE IS A PRIVATE, CO-EDUCATION, RESIDENTIAL, LIBERAL ARTS COLLEGE FOUNDED IN 1882. 30 29 1121 0 0 0 2838094 5886779 21172030 27809664 1545052 6140022 6231795 281256 31786971 40117721 11366742 0 13167867 13249260 0 1189361 21251195 10526589 34419062 35142591 -2632091 4975130 98659593 102852590 17277206 16495075 81382387 86357515 HASTINGS COLLEGE IS A PRIVATE, CO-EDUCATION, RESIDENTIAL, LIBERAL ARTS COLLEGE FOUNDED IN 1882. false false 33515795 11341742 28090920 Hastings College has in place a number of academic partnerships to increase opportunities for students, open doors for underserved students, and assist the community. Creighton University in Omaha collaborates with Hastings College on a nursing partnership whereby students earn a Bachelor of Arts degree from Hastings College and then enroll in the one-year Creighton university accelerated nursing program to earn a Bachelor of Science degree in nursing. Hastings College also offers a 3-2 engineering program that leads to degrees in mechanical, electrical, civil, chemical, and aeronautical engineering. Students spend the first three years at Hastings taking pre-engineering and liberal arts courses and the last two years at a partner engineering school such as Washington University - St. Louis, Columbia University, university of Nebraska, and the University of Colorado. Additionally, Hastings college partners with central community college (CCC), a public, two-year college with campuses in Hastings, grand island, and Columbus, Nebraska, to offer college bound, a transfer initiative for students who have earned associate's degrees, and college bound education, an articulation program for teacher education candidates. International partnerships include student exchange agreements between Hastings College and universities in Germany, England, Spain, Ireland, Italy, Russia, Thailand, and the Netherlands. 33515795 true true false false false true false false true true false true true false false false false false false false false true true true true false false false false false false false false false true true false false false false true true false false true 92 0 true 1121 true false false false false false false false false false 30 29 true false false false false false false true true false false true true true true false false false false false X KAY L LANGSETH 4024617300 710 N TURNER AVE HASTINGS NE 689017621 Kristin M Allen 1.0 X 0 0 0 Clayton C Anderson 1.0 X 0 0 0 William C Barrett 1.0 X X 0 0 0 Anne Batchelder 1.0 X 0 0 0 Gale Beirow 1.0 X 0 0 0 David Burkholder 1.0 X 0 0 0 Brad Chapman 1.0 X 0 0 0 James C Creigh 1.0 X 0 0 0 J T Daugherty 1.0 X 0 0 0 Kim Dinsdale 1.0 X 0 0 0 Harold E Dittmer 1.0 X X 0 0 0 Lyle Fleharty 1.0 X 0 0 0 Robert L Gottsch 1.0 X X 0 0 0 Bruce Gulliver 1.0 X 0 0 0 Charles Hagel 1.0 X 0 0 0 Donald E Jackson 1.0 X 0 0 0 Calvin R Johnson 1.0 X 0 0 0 Paul R Krieger 1.0 X 0 0 0 William W Marshall III 1.0 X 0 0 0 Jessica A Meeske 1.0 X 0 0 0 Michael E Moody 1.0 X 0 0 0 Rick J Moore 1.0 X 0 0 0 Glen A Moss 1.0 X 0 0 0 William G Nottage-Tacey 1.0 X 0 0 0 Thomas W Osborne 1.0 X 0 0 0 Rhonda S Pauley 1.0 X 0 0 0 ANNE PRATT 1.0 X 0 0 0 JAMES L THOM 1.0 X 0 0 0 RUDY M THOMAS 1.0 X 0 0 0 ROBERT A UNGER 1.0 X 0 0 0 DOUGLAS S USHER 1.0 X 0 0 0 GRETCHEN K VONDRAK 1.0 X 0 0 0 PHILIP F WERNER JR 1.0 X 0 0 0 GORDON D WHITTEN JR 1.0 X 0 0 0 PHILLIP DUDLEY 40.0 X 198916 0 32288 KAY LANGSETH 40.0 X 121034 0 23681 JUDEE KONEN 40.0 X 55741 0 9195 RICHARD LLOYD 40.0 X 111958 0 13046 RON CHESBROUGH 40.0 X 105991 0 12263 JOACHIM WUNDERLICH 40.0 X 104431 0 9463 JAMES WIEST 40.0 X 100190 0 9509 798261 0 109445 6 false true false Kiewit Building Group 3921 Mason Street OMAHA NE 681051840 CONSTRUCTION 1093835 Innovative Laboratory Systems 105 South 14th Street ASHLAND NE 68003 CONTRACTOR 167489 WERNER CONSTRUCTION 129 E 2ND ST HASTINGS NE 68901 CONSTRUCTION 255976 3 2406239 385188 3095352 223776 5886779 TUITION AND FEES 900099 22110830 22110830 SALES AND SERVICES OF AUXILIARY ENTERPRISES 900099 5698834 5698834 27809664 6163955 6163955 0 0 23933 -23933 -23933 -23933 0 0 0 OTHER REVENUE 900099 281256 281256 281256 40117721 28090920 6140022 25000 25000 11341742 11341742 0 0 500000 205200 93500 201300 0 9819148 9269807 83467 465874 563452 508749 11337 43366 1614668 1519297 22906 72465 751992 687415 13538 51039 0 44259 12337 31922 48410 48410 0 0 0 0 46613 42603 45 3965 949999 833996 8473 107530 0 0 1384762 1363688 2200 18874 797417 668762 6528 122127 0 11138 11138 466853 466853 0 2213655 2213655 387865 367394 20471 CONTRACT FOOD SERVICES 916292 916292 CONTRACTED SERVICES 881230 773607 62591 45032 STUDENT HELP 554207 554207 COST OF GOODS SOLD 532953 532953 MISC EXPENSE 429346 400751 9728 18867 861590 800349 22319 38922 35142591 33515795 437435 1189361 4994623 2986074 153343 196893 1209973 1209625 112386 113183 237222 236432 69865757 25265450 44457553 44600307 47285551 52553263 208942 956813 98659593 102852590 1904451 1672475 7140 0 10908181 10635000 4457434 4187600 17277206 16495075 X 24875343 35683676 18899925 11913322 37607119 38760517 81382387 86357515 98659593 102852590 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 0.00 1 0 0 1 false 0.00 0 true 37415661 1133287 826 -12727 38562501 36733771 680966 924 37415661 1.00000 false false 336309 336309 53310834 15096239 38214595 4194325 1364982 2829343 11854788 8804229 3050559 169501 169501 44600307 0 US GOVT STUDENT LOANS 968382 CUSTODIAL FUNDS 576261 ANNUITIES PAYABLE 866878 ASSET RETIREMENT OBLIGATION 1025614 STUDENT DEPOSITS 0 ACCRUED PAYROLL AND WITHHOLDING 0 ACCRUED INTEREST PAYABLE 0 DUE TO AFFILIATE 750465 4187600 SCHEDULE D, PART II, LINE 9 CONSERVATION EASEMENTS This relates to a historic classroom that is currently being used and being reported on the Balance Sheet. Currently there are no preservation or restoration activities related to the classroom. SCHEDULE D, PART V, LINE 4 ENDOWMENT FUNDS Endowment funds are all used for the College's exempt purpose, including scholarships to students, salaries for endowed department chairs, maintenance of classroom buildings, the library and equipment. SCHEDULE D, PART X, LINE 2 FIN 48 FOOTNOTE THE COLLEGE'S OPERATIONS ARE TAX EXEMPT UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE, AND ACCORDINGLY, THE FINANCIALS DO NOT REFLECT A PROVISION FOR INCOME TAXES. THE COLLEGE ACCOUNTS FOR UNCERTAINTIES IN ACCOUNTING FOR INCOME TAX ASSETS AND LIABILITIES USING THE GUIDANCE INCLUDED IN FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, INCOME TAXES. THE COLLEGE RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. AT JUNE 30, 2010 AND 2009, THE COLLEGE HAD NO UNCERTAIN TAX POSITIONS ACCRUED. true true true The nondiscriminatory policy is made known through various Hastings College publications read primarily by students and other college personnel. The policy is noted in the admissions catalog and the college has used the Hastings daily tribune, which is the local daily newspaper. the college attempts through other news media to make this known, but the ones listed above are the most commonly used. true true true true false false false false false false false false true false Government grants include state and federal grants awarded to students with financial need including the College Work-study program. These grant dollars are awarded directly to qualifying students. true true crane meadows nature center 9325 S ALDA RD WOOD RIVER NE 688839558 363788194 501(C)(3) 25000 SUPPORT EXEMPT PURPOSE 1 0 SCHOLARSHIPS 1109 11341742 SCHEDULE I, PART I, LINE 2 MONITORING USE OF FUNDS The only grants made are to the students of hastings college in the form of scholarships to assist in paying for education, AND 501(C)(3) ORGANIZATIONS. GRANTS WERE AS FOLLOWS: INSTITUTIONAL AID $10,728,600 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS 111,004 STATE AID 198,878 PRIVATE SCHOLARSHIPS 303,260 TOTAL 11,341,742 X X true false true false false false false false false false PHILLIP DUDLEY 188686 0 0 0 10230 0 12643 0 20356 0 231915 0 0 0 SOCIAL CLUB MEMBERSHIP SCHEDULE J PART I LINE 1B Hastings College pays for the president's social membership at the local country club. The social fee is minimal and only business related expenses are reimbursable. RESIDENCE FOR PERSONAL USE SCHEDULE J PART I LINE 1A Hastings College pays for the personal residence for the president of Hastings College. SCHEDULE J, PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN THE COLLEGE PRESIDENT, PHILLIP DUDLEY, PARTICIPATES IN HASTINGS COLLEGE'S 457B PLAN. DURING THE YEAR, THE COLLEGE CONTRIBUTED $5,000 TO THE PLAN. Nebraska Educational Finance Authority 521293953 63966PKW3 2004-02-12 6913021 Student Apartments Construction false false Nebraska Educational Finance Authority 521293953 63966PNP5 2005-04-26 3692848 Student Apartments Construction false false Nebraska Educational Finance Authority 521293953 2009-04-02 5000000 Science Building Construction false false 6938348 484593 0 0 112645 0 6341110 2005 false false true true 3704843 258148 0 0 73673 0 3373022 2006 false false true true 3300000 0 0 0 0 3300000 false false false true false false false false false 0.00000 0.00000 0.00000 true false false false false false 0.00000 0.00000 0.00000 true false false false false false 0.00000 0.00000 0.00000 true false false false false false true false false false false false true false true false false false false PHILIP F WERNER JR TRUSTEE OWNER OF WERNER CONSTR. 255976 CONSTRUCTION WORK ON COLLEGE false X 3 28277 FMV X 1 60000 FMV X GIFT IN KIND 2 135500 FMV 0 false false true SCHEDULE M PART I LINE 32A THIRD PARTIES A BROKER IS USED TO SELL GIFTS OF STOCK AND REAL ESTATE. FORM 990 PART VI SECTION C LINE 18 FORM 990 AND GOVERNING DOCUMENTS The form 990 is available in the office of the vice president for business affairs. The form is also available on guidestar website. FORM 990 PART VI SECTION B LINE 11 REVIEW OF 990 BY GOVERNING BODY THE BOARD OF TRUSTEES NAMED a THREE PERSON SUBCOMMITTEE TO REVIEW THE FORM 990 WITH THE VP BUSINESS AFFAIRS in detail prior to the January board of trustee meeting. A summary of this review, along with highlights of the information and the form 990 will be provided and discussed with the full board of trustees at the January 2011 meeting. FORM 990 PART VI SECTION B LINE 12C CONFLICT OF INTEREST POLICY Hastings College asks for annual disclosure and cross references the disclosure with known activity. FORM 990 PART VI SECTION C LINE 19 STATEMENTS AVAILABLE TO THE PUBLIC Hastings college does not make the governing documents, conflict of interest policy, and financial statements available to the public. FORM 990 PART III LINE 4 ORGANIZATION ACHIEVEMENTS Founded in 1882, Hastings College is widely respected for its broad and innovative curriculum, commitment to servant-leadership, and managerial integrity. The college confers Bachelor of Arts, bachelor of music, and Master of Arts in teaching degrees. Eighty-six percent of tenured or tenure-track faculty have earned the PhD. or the highest terminal degree in their discipline. The college's national caliber professors come from top graduate programs such as Harvard, duke, Vanderbilt, Notre dame, rice, and Purdue. Three faculty members have been named Nebraska professor of the year by the Carnegie foundation for the advancement of teaching. Dedicated to fostering a culture of evidence and assessment, Hastings College continually measure student learning and student satisfaction. The college participates in a number of national surveys such as the noel-Levitz student satisfaction inventory, national survey of student engagement, and collegiate learning assessment. In the 2008 noel-Levitz survey, Hastings college students expressed greater satisfaction at the highest statistically significant level than did students from the national comparison group on 70 of 73 items related to quality of academic programs, teaching, advising, and student life. Hastings College offers an advocate advising program rated by students as one of the most positive aspects of their college experience. Students are served by the advocate their first two years, or until they have made a firm decision about their major field and are transferred to a major advisor, the advocates assist students in all phases of adjustment to college life - social as well as academic. Intellectually drive and socially conscious, Hastings college students have, since 2004, served more than 100,000 hours locally and in places across the United States and around the world. For two consecutive years, the college has been named to the president's higher education community service honor roll. SCHEDULE K PART II, LINE 4, COL C This debt was issued on a draw down basis. The principal amount drawn of $3,300,000 was for payment of project costs. The remaining principal is expected to be drawn on or before April 2, 2012, at which time the principal amount would total $5,000,000. FORM 990 PART VI SECTION A LINE 2 BUSINESS RELATIONSHIPS RUDY THOMAS AND BRUCE GULLIVER HAVE A BUSINESS RELATIONSHIP. ROBERT GOTTSCH, BILL MARSHALL, JESSICA MEESKE (THROUGH JESSICA MEESKE'S SPOUSE), AND JIM THOM HAVE A BUSINESS RELATIONSHIP. HASTINGS COLLEGE FOUNDATION 11422 MIRACLE HILLS DRIVE OMAHA NE 68154 510247972 FOUNDATION NE 501(C)(3) 11 NA false false true false false false false false false false false false true true false false false false HASTINGS COLLEGE FOUNDATION C 2406239 HASTINGS COLLEGE FOUNDATION M 537599 HASTINGS COLLEGE FOUNDATION N 667174